Ivory Properties
City Residence
Tanjung Tokong
From
RM 700K
RM 700–850 PSF · Completion 2017
Tenure
freehold
Title
TBC
Total Units
202
Completion
2017
- From
- RM 700K
- PSF
- RM 700–850
- Tenure
- freehold
- Total units
- 202
- Status
- completed
- Completion
- 2017
Project Tracking
We're tracking City Residence — not yet personally reviewed by Zac
This project is in our database from public sources (3 sources) from Ivory Properties. Full pricing, floor plans, unit availability and Zac's honest take are available on direct request — most developers update pricing weekly and we share the current numbers immediately.
- 📋 Latest price list & available unit types
- 🏗️ Current construction stage and photos
- 💬 Zac's honest assessment for your situation
- 📞 Direct introduction to the developer if you want to view
Facilities
What's nearby
🏥 Healthcare
- Gleneagles Hospital Penang4.8km
- Adventist Hospital Penang5.0km
🎓 Schools
- Sekolah Kebangsaan Tanjung Tokong800m
- Uplands International School2.5km
- Tenby International School Penang3.0km
🛍 Shopping
- Straits Quay1.5km
- Gurney Plaza3.8km
- Gurney Paragon4.0km
Monthly Instalment Calculator
Monthly Instalment
RM 2,827
Total Interest
RM 557,506
Total Outlay
RM 1,257,506
Tanjung Tokong — area snapshot
Full area guide →Tanjung Tokong is Penang Island's most active condo market, anchored by Straits Quay and home to a mix of expat and local upgrader demand. Low-density and ultra-luxury projects command significant premiums here.
Price range
RM 300K – RM 6.7M
asking prices in area
Active projects
2
selling or under construction
Subsale condos
24
completed projects
Total tracked
28
properties in this area
Total Cost Breakdown
Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.
| Downpayment | RM 70,000 |
| SPA stamp duty | RM 15,000 |
| SPA legal fee | RM 8,250 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 15,000 |
| Loan stamp duty (0.5%) | RM 3,150 |
| Loan agreement legal fee | RM 3,150 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 117,550 |
New launch — typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
How much is City Residence?
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Is City Residence freehold or leasehold?
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When is the expected completion / VP?
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Who is the developer of City Residence?
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Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 700K
City Residence