City Residence

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City Residence
City Junction, George Town, Penang2023.jpg
City Residence
General information
Type Mixed-use complex
AddressPersiaran Lengkuas 2, 10470 Tanjong Tokong
Town or city George Town, Penang
Country Malaysia
Coordinates 5°26′59″N100°18′18″E / 5.449744°N 100.30495°E / 5.449744; 100.30495
Completed2017
OwnerIvory Properties Group
Height
Top floor39
Technical details
Floor count39
Grounds2.42 acres (0.98 ha) [1]
Shopping mall details
City Junction
City Residence
DeveloperIvory Properties Group
Total retail floor area 217,000 sq ft (20,200 m2) [2]
No. of floors3
Website www.cityjunctionpg.com

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]

Contents

Facilities

The complex includes twin residential towers named City Residence and a three-storey commercial podium known as City Junction, covering 2.42 acres (0.98 ha) of freehold land at Tanjong Tokong. As of 2016, 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 460 sq ft (43 m2) sf for the smallest unit to the largest penthouse unit measuring 5,600 sq ft (520 m2). Various recreational and communal amenities are available at the top of the podium, such as a swimming pool, barbecue pit, gymnasium, sauna and playground. [3] [4]

Retail outlets

The three-storey commercial segment, City Junction, consists of 23 units ranging from 3,750 sq ft (348 m2) to 14,200 sq ft (1,320 m2). 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 217,000 sq ft (20,200 m2) 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. [4] A RM2 million pedestrian bridge that connects both malls was completed in 2023. [12]

See also

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References

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