City of Dreams

Seri Tanjung Pinang, 10470 Tanjung Tokong, Penang
Serviced Residence
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Details:

Developer

Chinese ad 4621 326x150 01

Facilities

Private lift
Private lobby
Yacht services
Rolls Royce limousine
Private bowling alley
Private cinema
Sky lounge
Sky pool

Property Details

2019
(Year of Completion)
This project was completed 3 years ago
RM1,450,667 - RM3,613,333
RM0.30psf
Built Up
1,097 SQ. FT - 2,350 SQ. FT
Land Title
Commercial
Tenure
Freehold
Total Blocks
2
Total Storeys
38
Total Units
572
Parking
Min. 2

Description

City of Dreams in Penang is named after the world renowned City of Dreams in Macao, the international attraction. Aspiring to be as posh a development, City of Dreams in Penang will bear phenomenally attractive architecture whilst overlooking the panoramic seas of the island. It will be located in Sri Tanjong Pinang with very exclusive features.

Buyers of City of Dreams will enjoy a very low density of living with a total of only 572 units housed within two towers of 38 storeys. Each tower will have a total of 286 units of homes, and seven levels of multi-storey parking lots and facility floors.

Every unit will be accorded a minimum of two parking lots and buyers will have a total of five different unit layouts to choose from. The smallest unit is 1,097 sf big with three bedrooms and two bathrooms, while the largest unit stands at 1,335 sf big also with three bedrooms and two bathrooms.

City of Dreams is an upscale development that will provide world class facilities to its residents. Of the most ostentatious facilities being provided is a Rolls Royce limousine service, followed by a private bowling alley, private cinema, private lifts and private lobbies. Being a sea front development, yacht services are also available for residents. The price for these luxuries is a maintenance fee of RM0.30 psf.

Accessibility to City of Dreams is also a win factor with its proximity to the capital of Penang, Georgetown is within minutes of the development. The food haven at Gurney Drive is a stone’s throw away, and lifestyle amenities such as international schools and private medical healthcare centres are just a short drive away.

With the accessibility of major trunk roads such as Jalan Sultan Azlan Shah and the Tun Dr Lim Chong Eu Expressway located within short distance of the development, getting to the Penang Bridge or Penang International Airport will take under half an hour. The mainland of Penang is also easily accessible as is the North-South Expressway.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Seri Tanjung Pinang
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Floor Plans:

Bedrooms 3
Bathrooms 2
Category Serviced Residence
Built Up 1335 SQ. FT

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Nearby Amenities:

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Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
City of Dreams 2019 RM1,288,000 - RM4,200,000
RM 1,128 psf - RM 1,872 psf
RM3,500 - RM3,500 NIL 2.15 %
One One Eight 2012 RM499,000 - RM850,000
RM 731 psf - RM 785 psf
RM1,800 - RM1,800 RM450,000 (RM 775 psf) 4.09 %
Fettes Residences June 2011 RM1,100,000 - RM2,000,000
RM 604 psf - RM 1,000 psf
RM2,500 - RM2,500 RM1,146,000 (RM 545 psf) 3.14 %
The Brezza 2011 RM620,000 - RM1,250,000
RM 496 psf - RM 862 psf
RM1,500 - RM1,500 NIL 3.05 %
Fettes Park 2011 RM700,000 - RM930,000
RM 775 psf - RM 777 psf
NIL RM1,836,919 (RM 397 psf) NIL
Avalon Apr 2009 RM4,000,000 - RM4,000,000
RM 888 psf - RM 888 psf
RM7,000 - RM7,000 NIL 2.1 %
The Bayu 2008 RM520,000 - RM520,000
RM 650 psf - RM 650 psf
From RM1,100 NIL NIL

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 SQ. FT - - RM 582 psf
500 - 1,000 SQ. FT RM 651 psf - RM 521 psf
1,000 - 1,500 SQ. FT RM 497 psf - RM 631 psf
1,500 - 2,500 SQ. FT RM 559 psf - -
2,500 - 4,000 SQ. FT - RM 554 psf -
4,000 SQ. FT and above RM 562 psf RM 556 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 503 psf
Non Landed Properties
RM 787 psf
Landed Properties
RM 515 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 145,066
Loan Amount ( 90 %) RM 1,305,600
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
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Monthly Installment
RM 3,000 ±
Maintenance Fee
RM329 ±
RM 0.3 psf (1,097 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

Disclaimer

The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

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