33 Houses for Sale at City Residence, Tanjung Tokong, Penang

City Residence is a freehold condominium in Tanjung Tokong, Penang. There are currently 33 listing(s) available for sale on iProperty Malaysia. The listings start from RM1M for units with 1,200 sqft.

You can search for other projects within Tanjung Tokong such as Jazz Residences, Excel House, and City Residence. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.

The iProperty Take on Buying City Residence

Over the last 30 days, roughly 1 in 100 property searches in Tanjung Tokong went to City Residence. The 3-Bedroom configuration is the most-searched among the 31 total units available for sale. Asking prices for 3-Bedroom units are well above the Tanjung Tokong average, while 4-Bedroom units are priced slightly above the township benchmark. The single Studio unit currently listed is just 1 of the 31 units currently listed, a reflection of its rarity rather than a shift in the wider market.

Developer & Launch

City Residence is a Condominium development by Ivory Properties Group Sdn Bhd located in Tanjung Tokong. The project reached completion in 2017.

This Freehold property consists of 202 units within 1 building that stands 39 floors high. Unit configurations include Type B with 1 bedroom and 1 bathroom ranging from 600 to 720 sq ft, Type C with 2 bedrooms and 2 bathrooms ranging from 1,040 to 1,120 sq ft, Type D with 3 bedrooms and 3 bathrooms at 1,720 sq ft, and Type E1 with 3 bedrooms and 3 bathrooms at 1,230 sq ft.

Top Amenities & Facilities at City Residence

City Residence provides a selection of facilities designed to support the daily needs and lifestyle of its residents. These on-site amenities offer spaces for recreation and relaxation within the community.

• Swimming pool
• BBQ
• Perimeter Fencing
• Gym
• Jacuzzi

Pricing by Unit Type

• Studio
  • Average asking price: RM 700K
  • Asking PSF: RM 1,045 psf
  • vs. Tanjung Tokong avg. PSF: RM 925 psf (12.91% above average)
  • Positioning: Above average.
  • Listings: 1
• 1-Bedroom
  • Average asking price: RM 800K
  • Asking PSF: RM 1,203 psf
  • vs. Tanjung Tokong avg. PSF: RM 1,097 psf (9.61% above average)
  • Positioning: Fair value.
  • Listings: 2
• 2-Bedroom
  • Average asking price: RM 980K
  • Asking PSF: RM 760 psf
  • vs. Tanjung Tokong avg. PSF: RM 1,032 psf (26.40% below average)
  • Positioning: Below average.
  • Listings: 1
• 3-Bedroom
  • Average asking price: RM 1.36M
  • Asking PSF: RM 881 psf
  • vs. Tanjung Tokong avg. PSF: RM 752 psf (17.18% above average)
  • Positioning: Premium.
  • Listings: 24
• 4-Bedroom
  • Average asking price: RM 1.62M
  • Asking PSF: RM 906 psf
  • vs. Tanjung Tokong avg. PSF: RM 848 psf (6.74% above average)
  • Positioning: Fair value.
  • Listings: 3

Neighbourhood at a Glance

City Residence is located within 37 m of City Junction Mall, providing buyers with immediate access to retail services in Tanjung Tokong. The property is situated near various essential amenities including healthcare and education facilities reachable by walking.

• TRANSPORT: Island Plaza Bus Stop, 375 m (5 minutes walking distance)
• HEALTHCARE: Fong Clinic, 138 m (2 minutes walking distance)
• RETAIL: City Junction Mall, 37 m (1 minute walking distance)
• EDUCATION: Kumon Tanjung Tokong, 223 m (3 minutes walking distance)
• FOOD & BEVERAGE: Kfc, 414 m (5 minutes walking distance)
• CONVENIENCE STORE: Happy Mart, 371 m (4 minutes walking distance)

Past Transaction & Price Insights

City Residence recorded historical transactions from 2023 to 2026 with a median price of RM798 PSF. The typical PSF range for this project is between RM700 PSF and RM856 PSF.

A 1-bedroom Type B unit of 660 sqft sold for RM660,000 (RM1,000 PSF) in February 2026, while a 3-bedroom Type E2 unit of 1,240 sqft transacted for RM1,000,000 (RM806 PSF) in April 2023. The project saw a PSF price rise of 14.08% during this period. The estimated gross rental yield is 5.72% based on current project rental listings and matched historical sale transactions.

Ready to Make Your Move?

29 homes are currently for sale at City Residence, starting from RM700,000. See what's currently on the market and compare layouts side by side.

This copy was published on 25 September 2026.