Tanjung Tokong · Subsale Market
City of Dreams Subsale — Tanjung Tokong, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
City of Dreams is a completed freehold condominium in Tanjung Tokong, Penang, completed in 2020 by Ewein Zenith Sdn. Bhd.. It has 572 units. Subsale asking prices currently run about RM964–1723 per sq ft, with the typical unit asking around RM 1.38M (from roughly RM 700K). Note: it sits on commercial title, so utilities may be billed at commercial rates.
Price at a glance
Prices as at September 2026 — Subsale asking prices basis. Last checked 2026-08-06.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 670–2,370 | RM700,000 | RM964 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a City of Dreams subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Tanjung Tokong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at City of Dreams.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How City of Dreams is priced within Tanjung Tokong
At roughly RM964 psf, City of Dreams sits mid-band for Tanjung Tokong (RM648–1134 psf). This is the range where unit-specific factors — floor, view, renovation, facing — matter more than the address itself when you negotiate.
vs NAPIC median
+64%
Area median RM589 psf (all residential)
Area gross yield
~4.2%
Typical for Tanjung Tokong condos
Building age
6 years
Completed 2020
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data — see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
Before you sign at City of Dreams — the commercial-title checks
- 1.Utility tariff in practice — Commercial title usually means commercial TNB and water rates. Ask current owners what they actually pay monthly, not what the brochure implies.
- 2.Financing margin — Some banks cap loan-to-value lower on commercial-title residential units. Get an in-principle approval before you pay a booking fee.
- 3.Short-stay house rules — Serviced-apartment does not automatically mean Airbnb is allowed. Read the current house rules — management can and does restrict short-stay letting.
- 4.Resale buyer pool — Commercial title narrows who can buy from you later. Make sure the entry price reflects that, not just the location.
- 5.Maintenance rate per sq ft — Compare the psf maintenance charge against nearby residential-title blocks. On big units the annual gap is meaningful.
City of Dreams price 2026
What City of Dreams trades at on the sub-sale market, last checked 2026-08-06.
| Asking from | RM700,000 – RM2.3M |
| PSF | RM964 – 1723 |
| Built-up | 670 – 2,370 sqft |
| Completed | 2020 |
| Units | 572 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
The building is 6 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.
A foreign buyer can purchase here — the RM1M minimum is cleared by the larger units, though not at the entry price. Add the state levy, a flat 8% stamp duty and 3–4 months for state consent.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep — and if you are near the five-to-six-year line, the date matters more than the price.
City of Dreams for sale & for rent
Looking to buy or rent a unit in City of Dreams? Asking prices and rents move with the market and with the specific unit — floor, facing, condition — so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
City of Dreams key facts
- Developer
- Ewein Zenith Sdn. Bhd.
- Area
- Tanjung Tokong, Penang
- Type
- serviced apartment
- Tenure
- freehold · commercial hda
- Completed
- 2020
- Total units
- 572
- Asking PSF
- RM964–1723
- Price from
- RM 700K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on City of Dreams:
View full City of Dreams profile →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 370K – RM 7.5M
asking prices in area
Active projects
3
selling or under construction
Subsale condos
23
completed projects
Total tracked
27
properties in this area
Other projects in Tanjung Tokong
All 26 others we track here, cheapest first — 3 of them still selling.
- Skyridge GardenRM370K
- The LandmarkRM550K
- The MegRM600K
- Straits Quay Suites @ WatersideRM638K
- Eight & EightRM691K
- City ResidenceRM700K
- Crown PenangRM704K
- Jazz ResidenceRM750K
- The TamarindRM780K
- Marinox Sky VillasRM800K
- Arica @ Andaman IslandRM800K
- 18 East at AndamanRM1.1M
- Fettes ResidenceRM1.14M
- Vantage Desiran TanjungRM1.18M
- Andaman @ QuaysideRM1.28M
- Ariza Seafront TerracesRM2.7M
- Avalon @ Seri Tanjung PinangRM3.3M
- The PenthouseRM3.46M
- Acacia @ Seri Tanjung PinangRM3.7M
- AmarisRM4M
- Andorra Skyloft TerracesRM4M
- SkyeRM4M
- CaspianRM4.6M
- Cayman Super Semi-DRM6.1M
- MartiniqueRM6.7M
- AbrezzaRM7.5M
City of Dreams subsale — common questions
What is the price of City of Dreams?
City of Dreams runs RM700,000 to RM2,300,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM964–1,723 per square foot. Checked 2026-08-06.
Is City of Dreams freehold or leasehold?
City of Dreams is freehold, on a commercial title, sold under the Housing Development Act. Those are two separate facts and only the first usually appears in marketing. A commercial title means commercial utility and assessment tariffs, and a tighter loan margin at most banks.
Can a foreigner buy at City of Dreams?
Yes, on the larger units. Penang Island sets a RM1,000,000 minimum for foreign buyers, which the entry price does not clear. Add a state levy, a flat 8% stamp duty, and 3–4 months for state consent.
When was City of Dreams completed?
City of Dreams completed in 2020, developed by Ewein Zenith Sdn. Bhd.. Units here trade sub-sale.
How big are the units at City of Dreams?
Built-ups run 670 to 2,370 sq ft. There are 572 units in total.
What does commercial-HDA title mean for buyers?
The project sits on commercial land but was sold under the Housing Development Act, so buyers get HDA protections. Utilities may be billed at commercial rates — ask Zac for the practical cost difference.
More on the neighbourhood:
Tanjung Tokong area guide — schools, transport, PSF, lifestyle scorecard →Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.