City Mall

Jalan Tanjung Tokong, 10470 Tanjung Tokong, Penang
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Ivory Properties Group Berhad
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Developer of City Mall, Ivory Properties Group Berhad

City Mall is a hip and new concept mall, located at Tanjung Tokong, Penang. Part of the mixed development by Ivory Properties Group, it is situated below the much anticipated City Residence. The entire development's completion date is expected to be in 2017.

Space will be limited with high exclusivity at City Mall as there are only 23 units of retail shops available. Each unit will stand at 3-storeys tall with built-up areas that range all the way from 3,750 sf to 14,200 sf. Selling price for these exclusive units have yet to be released, but the indicative selling price is RM700 psf. Units here will be sold bare, which means the shop owners will be able to give full reign to their creative side for their shop's design.

Some of the highlight features of City Mall will be its tropical styled interior that will involve giant palm trees, landscaped elements and water features. Besides that, it will bear the new age open concept style, ensuring abundant natural light and proper ventilation.

When it comes to accessibility, City Mall is situated close to the capital of Penang, Georgetown; which almost guarantees a regular flow of customers. Access to City Mall will be highly convenient by car owners as it is situated beside Jalan Tanjung Tokong, one of the heaviest travelled roads in Penang. As there are plenty of public transportation and taxis at the main road, this shopping mall will see its fair share of public transportation commuters as well.

To sum up, looking at the strategic location of City Mall and with a condominium built on top, there is potential to see a steady flow of customers in the long run. To invest and sublet the unit may be a good way of earning a passive monthly income.

Pet Friendly
Eco Friendly (GBI)
Nearby Restaurants

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(Year of Completion)
This project was completed 2 years ago
  • From RM 2,625,000
  • NIL
  • NIL
  • NIL
Built Up
3,750 sq ft - 14,200 sq ft
Land Title
Total Blocks
Total Storey
Total Units

Nearby Amenities



Did you know?

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

Property Name Year of Completion Launch Price Ad Selling Price
City Mall 2017 From RM 2,625,000 NIL
Marinox Sky Villas 2016 From RM 819,000 RM 780,000 - RM 2,200,000
RM 515 psf - RM 1,020 psf
The Penthouse 2016 RM 3,500,000 - RM 5,000,000 RM 802,000 - RM 3,500,000
RM 438 psf - RM 700 psf
City Residence 2017 From RM 345,000 RM 970,000 - RM 1,870,000
RM 776 psf - RM 1,700 psf
The Landmark 2017 RM 1,677,500 - RM 3,132,800 RM 3,880,000 - RM 3,880,000
RM 1,291 psf - RM 1,291 psf
Mont Residence 2018 From RM 980,000 RM 890,000 - RM 1,050,000
RM 725 psf - RM 828 psf
The Tamarind 2019 From RM 600,000 RM 760,000 - RM 1,200,000
RM 725 psf - RM 934 psf
29 For Sale in Marinox Sky Villas 11 For Rent in Marinox Sky Villas 2 For Sale in The Penthouse 1 For Rent in The Penthouse 8 For Sale in City Residence 12 For Rent in City Residence 1 For Sale in The Landmark 2 For Rent in The Landmark

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 Mall 2017 NIL NIL NIL NIL
The Latitude May 2015 RM 780,000 - RM 2,100,000
RM 520 psf - RM 1,400 psf
RM 1,800 - RM 1,800 NIL 4.65 %
Taman Bukit Erskine 2014 From RM 205,000 RM 650 - RM 650 NIL NIL
One One Eight 2012 RM 530,000 - RM 530,000
RM 757 psf - RM 757 psf
RM 2,800 - RM 2,800 NIL 6.34 %
Fettes Residences Jun 2011 RM 1,100,000 - RM 4,200,000
RM 616 psf - RM 1,800 psf
RM 3,000 - RM 3,000 NIL 2.94 %
The Peak Residences 2011 RM 530,000 - RM 7,200,000
RM 395 psf - RM 5,500 psf
RM 1,350 - RM 1,350 NIL 0.55 %
The Brezza 2011 RM 630,000 - RM 1,300,000
RM 504 psf - RM 896 psf
RM 2,000 - RM 2,000 NIL 3.33 %
15 For Sale in The Latitude 16 For Rent in The Latitude 9 For Rent in Taman Bukit Erskine 2 For Sale in One One Eight 2 For Rent in One One Eight 21 For Sale in Fettes Residences 15 For Rent in Fettes Residences

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 571 psf
500 - 1,000 sq ft RM 650 psf - -
1,000 - 1,500 sq ft RM 589 psf RM 543 psf RM 638 psf
1,500 - 2,500 sq ft RM 648 psf - -
2,500 - 4,000 sq ft - RM 976 psf -
4,000 sq ft and above - RM 1,619 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 464 psf
Non Landed Properties
RM 833 psf
Landed Properties
RM 511 psf
Commercial Properties


  • 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 262,500
    Loan Amount ( 90 %) RM 2,362,500
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    N / A
    RM N / A psf (3,750 sq ft)
    Total Monthly Expenses
    RM 3,000 ±


    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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