City Residence Explained

City Residence
Address:Persiaran Lengkuas 2, 10470 Tanjong Tokong
Location Town:George Town, Penang
Location Country:Malaysia
Coordinates:5.4497°N 100.305°W
Completion Date:2017
Owner:Ivory Properties Group
Top Floor:39
Floor Count:39
Embedded:
Embed:yes
Native Name:City Junction
Developer:Ivory Properties Group
Floors:3
Floor Area:217000square feet[1]
Building Type:Mixed-use complex
Grounds Area:2.42acres[2]

City Residence is a mixed-use complex within George Town in the Malaysian state of Penang. Located at the suburb of Tanjong Tokong, the development consists of twin residential towers and a three-storey shopping mall named City Junction that forms the podium. Built by local developer Ivory Properties Group, each tower is designed as a low-density residence comprising only 101 units spread across 39 storeys, integrated with recreational and communal amenities.[3] [4]

Facilities

The complex includes twin residential towers named City Residence and a three-storey commercial podium known as City Junction, covering 2.42acres of freehold land at Tanjong Tokong., it was estimated that the complex would generate about RM313 million in gross development value.[5]

The twin towers have a total of 202 residential units, ranging from 460square feet sf for the smallest unit to the largest penthouse unit measuring 5600square feet. Various recreational and communal amenities are available at the top of the podium, such as a swimming pool, barbecue pit, gymnasium, sauna and playground.

Retail outlets

The three-storey commercial segment, City Junction, consists of 23 units ranging from 3750square feet to 14200square feet. The interior features a tropical-style interior design that combines plants and water features, while allowing natural light and ventilation.[6]

In 2022, Village Grocer, a Malaysian premium grocery chain, opened its first Penang store at City Junction, becoming the mall's anchor tenant.[7] [8] Since then, the 217000abbr=onNaNabbr=on retail centre has attracted a range of lifestyle, and food and beverage (F&B) tenants, including CU Mart, Guardian, MR.DIY and Taco Bell.[9] [10] [11]

Location

City Residence is situated opposite the Island 88 shopping mall, just off Jalan Tanjong Tokong, the main thoroughfare running through Tanjong Tokong. A RM2 million pedestrian bridge that connects both malls was completed in 2023.[12]

See also

Notes and References

  1. Web site: City Junction . 20 Nov 2023 . Canva.
  2. Web site: 5 Mar 2012 . City Residence . 11 Dec 2023 . Penang Property Talk.
  3. Web site: City Residence . 2023-11-20 . www.ivory.com.my.
  4. Web site: StarProperty - Property Review : City Residence . 2023-11-20 . StarProperty . en.
  5. News: David Tan . 7 May 2016 . Ivory in RM1.8bil Penang projects . 30 Sep 2024 . The Star.
  6. Web site: 5 Mar 2012 . City Residence . 11 Dec 2023 . Penang Property Talk.
  7. News: Dermawan . Audrey . 14 Jun 2021 . Village Grocer opens first northern region store today . . 20 Nov 2023.
  8. News: 14 Jul 2022 . Village Grocer expanding in the Northern region . . 20 Nov 2023.
  9. Web site: 2021-12-17 . City Junction Is The Go-To Mall With Christmas Market & First-Ever CU Mart In Penang . 2023-11-20 . Penang Foodie . en-GB.
  10. News: 30 Oct 2022 . Taco Bell eyes 20 restaurants in Malaysia by end of 2022 and another 22 outlets next year . . 20 Nov 2023.
  11. Web site: City Junction Mall Leisure & Dining in Penang . 2023-11-20 . City Junction Page . en.
  12. News: Siew . Chia En . 18 Oct 2023 . Tanjong Prima-Island Plaza overhead bridge enhances pedestrian safety and convenience . Buletin Mutiara . 6 Dec 2023.