City Residence, Tanjung Tokong

City Residence is a freehold condominium located in Tanjung Tokong, Penang Island. There are 202 units available at this project with built-up from 1,250 sf to 1,850 sf. It was developed by Ivory Properties Group Bhd with a launch price of around RM750 psf, and was completed about 2016.

Ivory Properties Group Bhd is a mid-sized real estate company listed on KLSE, and it has undertaken around 17 real estate projects in Malaysia. Other similar projects by the same developer are 1 Island Resort, Birch The Plaza, Birch The Regency, Tanjung Park, The Peak Residences, The View and The Wave.

Property Type
Condominium
Land Tenure
Freehold
Built-up
1,250 sf - 1,850 sf
Market Price
RM960,000 - RM1,670,000
Density
202 Units
Completed In
2016
Launch Price
About RM750 psf

The only amenities nearby this condominium are some schools. Few of the schools here are SJK (C) Hun Bin and Taska Lin (Small School).

The current rental yield of City Residence is around 3.23%, compared to 2.93% a year ago in Q4 2020. The highest rental yield ever recorded was 4.42% in Q3 2020; while the lowest one was 2.93% in Q4 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at City Residence is 3-bedroom / 1,250 sf with a median price of RM770 psf. For price wise, the most expensive one is 4-bedroom / 1,830 sf with a median price of RM910 psf; while the cheapest one is 3-bedroom / 1,720 sf with a median price of RM730 psf.

Latest City Residence for sale listings:

DateTypeBuilt-upPrice
16 Dec 2021Condominium1,720 sfRM1,180,000
15 Dec 2021Condominium1,439 sfRM2,331,809
13 Dec 2021Condominium1,840 sfRM1,599,000
9 Dec 2021Condominium1,790 sfRM1,300,000
8 Dec 2021Condominium1,850 sfRM1,300,000
8 Dec 2021Condominium1,250 sfRM930,000
8 Dec 2021Condominium1,250 sfRM968,000
3 Dec 2021Condominium1,830 sfRM2,200,000
30 Nov 2021Condominium1,230 sfRM950,000
30 Nov 2021Condominium1,720 sfRM1,180,000

Latest City Residence for rent listings:

DateTypeBuilt-upRental
17 Dec 2021Condominium670 sfRM2,000
2 Dec 2021Condominium1,260 sfRM3,200
12 Dec 2021Condominium1,850 sfRM4,000
8 Dec 2021Condominium1,250 sfRM2,900
5 Dec 2021Condominium1,250 sfRM2,500
5 Dec 2021Condominium1,250 sfRM1,800
3 Dec 2021Condominium1,200 sfRM2,600
2 Dec 2021Condominium1,250 sfRM2,500
1 Dec 2021Condominium1,200 sfRM2,600
30 Nov 2021Condominium690 sfRM2,500
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