31 Houses for Sale at City Residence, Tanjung Tokong, Penang
City Residence, Jalan Tanjong Tokong, Tanjung Tokong is a freehold residential property, the property is under a mall named city mall which is a part of mixed development project, the developer of this freehold property is Ivory Properties Group which was Established in 1999 and a reputable property developer, the properties estimated to complete at the end of 2013, but the property completed at the end of 2016.The area situated near City Residence is Excellent place to settle, food paradise of Georgetown and Sea Fronting restaurants at Gurney Drive is near the property. Island Plaza and Straits Quay Marina are the shopping malls near the property, Schools, Banks, Medical Centers are so closely near the property. The property is 0.3km away from the Town tanjung tokong this town is connected to tanjung tokong road which starts from neighbouring Pulai Titus suburb and Ends at Tanjung Bungah road. Tanjung Tokong is also connected to the jalang seri Tanjung Pinang and Persiaran Gurney where busses and taxis are easily available. The public transport can easily available on the the road which is located outside of the apartment.The only disadvantage for the buyers is the traffic jam on the main road this roads will always be crowded, mostly the roads crowded at peak hours.Property includes Playground, Sauna, Gymnasium room, Barbeque area, 24/7 hours CCTV Security cameras, Swimming pool, Children's Playground, Multipurpose hall, Landscape garden, Water scape, Outdoor Exercise station, Viewing deck, Sunshine Deck, Promenade, Skylight, Promenade, Foot reflexology Path, Outdoor jacuzzi and more.City Residence is a tower which is standing, 39 storey tall above the city mall, the Land area of this property covers 2.42 acres. The higher floors of this property provides you outstanding Experience of Penang, Especially the sunset and it has 202 units and a single block of condominium available, there are 107 units for sale and 48 units for rent, from 7th to 14th floors featuring Studio apartments. Maximum there are 3 bedrooms per room and minimum 1 bedroom per room, the Built up area range starts from 490 sq ft to penthouse of 5,600 sq ft. The available area for selling starts from 490 sq ft to 1850 sq ft and 1230 sq ft to 1850 sq ft for rent. The units of this property sells with no furnitures at all, therefore the buyers of this property can decorate as per their creativity, the price of a standard unit which has a 1,700 sq ft selling for RM 1,230,000, selling price of this starts from 580,000 RM and starting rent of this property is 2000 RM per month, Launch price of this property is 750RM per sq ft.As mentioned earlier this property has 202 units, 1 block, 5 type of bathrooms, 5 type of Bedrooms and 5 type of Built up area. Bathrooms: Type B3 have 1 bedroom, Type C3 have 2 bedrooms, Type D have 3 bedrooms, Type E have 3 bedrooms and Type F have 3 bedrooms. Bathrooms: Type B3 have 1 bathroom Type C3 have 2 bathrooms, Type D have 4 bathrooms, Type E have 3 bathrooms and Type F have 4 bathrooms. Built up area : Type B3 have 660 sq ft, Type C3 have 1,120 sq ft, Type D have 1,700 sq ft, Type E have 1,230 sq ft, Type F have 1,830 sq ft and Penthouse have 5,600 sq ft.The developer of Property is Ivory Properties Group who are a developer in northern part of malaysia, mostly Penang, Their major completed projects are Tropicana Bay Residences, The Latitude, The Peak, Zen the view, Tanjung Park and Birch Regency. This property estimated to complete on 2013, but the Property completed at the end of 2016, the other properties near this properties are The Brezza, Marina Bay Condominium, Marinox Sky Villas, The Latitude, The Peak Residences, and Quayside.The all properties of this group was highly successful and as per the latest trend the homes built in the top of the shopping mall is becoming very popular now, tourists mainly attract these kind of building structure which allows the buyers to shop instantly from malls just like City Residence Residential Property.
DeveloperIvory Properties Group Sdn Bhd
Explore iProperty
City Residence is a freehold condominium in Tanjung Tokong, Penang. There are currently 31 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, Fera Courtyard & Senna, and Desa Bella. 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.



























































