My Property Deals by Scott Seow

My Property Deals

City of Dreams Penang – Ewein

city of dreams - contact Scott for more info +6011-1098 4066

City of Dreams Penang

City of Dreams Penang for sale & rent

You’ll find: Video (coming soon), Layout, floor plan, facilities and details of this properties, including prices for sale & rent and most importantly our review for City of Dreams Penang.

Table of Contents

City of Dreams LOCATION

COD aerial view

If you need help to let (rent) or to sell your property please click here or WhatsApp us

city of dreams penang developer ? – Ewein City of Dreams

ewein city of dreams
Ewein City Of Dreams

City of Dreams Penang is a serviced apartment development located in Seri Tanjung Pinang of Tanjung Tokong in Penang Island.

The project City of Dreams was developed by Ewein who is Malaysia’s premier lifestyle developer.

Key Features / Summary of City of Dreams Penang

Property Type

City of Dreams Penang is built in condominium type (serviced apartment)

Tenure

City of Dreams is a FREEHOLD property

Developer

Ewein City of Dreams

Maintenance Fees

approx. RM 0.30 PSF

Built up / Size

3 bedrooms from 1,033sf - 1,335sf
Penthouse 2,326sf - 2,370sf with 5 bedrooms

city of dreams penang completion date

2020

Total Units of City of Dreams Penang

Total 2 towers
Total level: 37
Total Unit: 572 (each tower 286)
*Each Unit Served with Private Lift*

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  • My Property Deals Scott Seow
    Scott Seow
    REN 43700
    Real Estate Negotiator

    More About City of Dreams Penang

    City of Dreams, a freehold luxury lifestyle development at Seri Tanjung Pinang, Tanjung Tokong, Penang.

    The residential units of City of Dreams come with size ranging from 1,000 sq.ft. onwards, with a well equipped kitchen accessories. Resident can also enjoy a wide range of luxury facilities such as private lift, private lobby, yacht services, Rolls Royce limousine, private bowling alley, private cinema, sky lounge, sky pool and many more in City of Dreams.

    City of Dreams Penang Floor plan & facilities

    lvl G:
    Pets Garden

    lvl 1:
    Meeting Room

    lvl 6:
    Movie Room/ Cineleisure
    Indoor & Outdoor Gym
    Olympic sized swimming pool
    Jacuzzi
    Wading pool
    3 in 1 basketball court, futsal & tennis
    Yoga / Taichi room
    Kids room
    Sauna & Steam room
    Massage & Physiotherapy facilities
    Elderly room / Mah Jong corner
    Reflexology Path
    Landscape garden
    Giant chess set
    Fully equipped BBQ area
    Hair & facial salon
    Healthy food cafe / Culinary arts
    Ballroom
    Virtual games room
    E-Sports
    Bowling
    Virtual golf simulator
    Karaoke room
    Concierge & Butler
    Housekeeping
    Laundry services
    Music Room with instruments

    level 36:
    Lobby Lounge
    Infinity sky pools
    day bed
    Sky garden

    level 37:
    Sky wine & cigar bar
    Sky lounge
    Executive sky lounge
    Sky dining room

    Rolls Royce Limousine service
    Yatch – Charter service

    city of dreams floorplan - contact Scott for more info +6011-1098 4066
    COD features - contact Scott for more info +6011-1098 4066

    City of Dreams Penang comes with only 10 units per floor with privacy features where none of the main door is facing the neighbour or each others.

    City of Dreams also comes with:

    1. Facility management mobile app
    2. High speed TIME fibre internet
    3. Food waste processing management 
    4. Trash valet with reduce, reuse & recycle features
    5. Solar power system 
    6. Rainwater harvesting system
    7. Backfree centralized water filter system

    Luxury Grand Lobby of City of Dreams

    The Grand Lobby is adorned with water features & caters for a large reception & banquets with its generous amount of function space.

    It features the finest designer furniture, exquisite water features & art sculptures that embellish the atrium lobby. 

    The lobbies features luxury furniture such as Fendi Cassa, Armani Cassa & Versace Home Collection. These fine furniture are designed to add elegance & elevate overall appearance of the lobbies

    COD Drop Off Area

    Drop Off Area 

    Wellness Center @ Ground Floor

    Wellness Center @ level G

    Rolls Royce Limousine Service & Yacht Charter Service

    Facilities of City of Dreams @ Level 1:

    1. Meeting Room

    2. Business Lounge & Pantry 

    3. Mailbox & Lounge area

    Fall In Love with Level 6 @ City of Dreams Penang

    Facilities at The Sky: Level 36 of City of Dreams

    Automatic Car Wash System

    COD automatic Car wash
    COD pets garden @ level G

    Pets Garden @ Level G

    Private lift and lift lobby to your house

    COD private lift - contact Scott for more info +6011-1098 4066

    City of Dreams Penang layout

    city of dreams layout A 1,335sqft

    Type A @ 1,335 sq ft

    3 Bedrooms

    2 Bathrooms

    RM 1.9m – 2.2m

    city of dreams 1141sf layout

    Type B @ 1,141 Sq Ft

    3 Bedrooms

    2 Bathrooms

    RM 1.3m – 1.8m

    city of dreams layout C 1185sf

    Type C @ 1,185 sq ft

    3 Bedrooms

    2 Bathrooms

    RM 1.38m – 1.55m

    city of dreams penthouse layout

    5 Bedrooms

    3 Bathrooms

    RM 3.7m – 4.4m+

    type W @ 2,370 sq ft @ penthouse

    City of Dreams Penang unit for sale

    Unsure of which one to choose? Talk to Us

    City of Dreams Penang market rate as at August 2021

    Intermediate Unit

    1,097sf - 1,185sf
    RM 1,350,000+
    • 3 Bedrooms
    • 2 Bathrooms

    Corner Unit

    1,335sf
    RM 1,900,000+
    • 3 Bedrooms
    • 2 Bathrooms
    Popular

    Penthouse

    2,326sf - 2,370sf
    RM 3,700,000+
    • 5 Bedrooms
    • 3 Bathrooms
    • 4 - 8 car parks

    SAVE TODAY

    • FREE Legal Fees For SPA RM 15,000
    • FREE Legal Fees for Loan RM 15,000
    • FREEBIES RM 100,000
    • LOW Downpayment
    • SAVE at least RM 150,000

    City of Dreams Market Rental Rate

    Unsure of which one to choose? Talk to Us

    Partial Furnished

    RM 3,000
    • 3 Bedrooms
    • 2 Bathrooms
    • Aircond
    • Kitchen Cabinet

    Fully Furnished

    RM 4,000 to 6,000
    • 3 Bedrooms
    • 2 Bathrooms
    • Fully Furnished
    Popular

    Like Cycling / Jogging ? No problem

    Jog and cycle around the Quayside, Tanjung Tokong and also Gurney Drive is also within close distance to City of Dreams Penang.

    (Feel free to visit the Light City as well if you like to cycle and jog at different spot occasionally. Currently I prefer the environment of The Light City due to lesser traffic and a sense of clean environment. But who knows what’s gonna happen when the new mall is ready.)

    (feel free to drop a healthy discussion at the comment box at the bottom of the page, tell us you like Gurney, Tanjung Tokong or The Light @ Gelugor.)

    gurney drive

    Frequently Asked Questions (FAQs) about City of Dreams Penang

    City of Dreams Penang Related Questions:

    As state above, City of Dreams was completed around 2020

    As at August 2021, no development that I know could block City of Dreams’ view yet. If you know any, welcome to drop your comment or to text me with your sharing.

    Currently developer is giving free legal fees for loan & legal fees for S&P and also fully furnished packages

    As at August 2021, the developer’s pricing is including fully furnished package to the purchasers. 

    If you’re interested to own them at minimum cost which included legal fees & furniture package, drop us a text and arrange a visit now because it’s only about 10% of the unit left.

    The prices listed here are all after the so called rebate / discount or whatever you name it.

    Others:

    Yes you can. However, if it is a new project / under-constructions / developer’s unit , developers are giving free legal fees ya. 

    Developers would be happy if you help them save cost

    Yes you can. As long as I’m awake I will answer your call & reply your message.

    Rest assured. We are here to help & provide solution. We promise no hard selling or pushing. Tell us what’s in your mind and we’ll try our best to help

    Yes you can. Please contact us via 011-1098 4066 to visit  and get more information!

    Yes you can, please don’t hesitate to contact us for more details. 

    Can i take loan with local banks? Yes you can but there’s certain criteria you have to fulfill in order to apply loan from the local banks. Talk to us and we’ll help you with our best.

    Contact Us for City of Dreams Penang

    City of Dreams Penang review

    Is City of Dreams Penang a Good Buy ?

    Our Analysis / Opinion for City of Dreams Penang

    2 towers

    Total units: 572

    from 1,044sf to 1,335sf, 3 bedrooms

    Penthouse 2,326 square feet to 2,370 square feet

    Completed year 2020

    Maintenance fees RM 0.30 per square feet

    Out of so many condominium I’ve visited, I can finally use the word “MODERN” & 5 Stars Living here at City of Dreams. Personally I’d give a 5 stars for the living environment and facilities features. But again, as I said this is personal opinion. Most of the westerners still prefer Quayside. If you emphasize privacy, City Of Dreams is a MUST that you cannot miss.

    Privacy is one of the main feature you can find in City of Dreams. Only 10 units per level and each unit is served by private lift where you can only access to your level and your own unit. Scroll to the bottom and you’ll know why I said this is the best condominium I ever visited up to 2020 and 2021.

    Also, the building outlook of City of Dreams already speak and advertise for itself during the night time, another new attraction of Tanjung Tokong, Penang.

    The famous Seri Tanjung Pinang has been a hot topic for decades and hot spot for foreigners. As for City of Dreams, it has a lots of foreign investors as well. 

    As mentioned, it is definitely a big attraction during evening time. Personal opinion, if Covid-19 doesn’t happen, first hand owner of City of Dreams would have a higher chances to flip it.

    Without a doubt, as a result of Covid-19, a lots of property’s ROI in terms of rental has been declining. It used to cost around RM 5,000 to RM 6,000 to rent a fully furnished  luxury condominium at Seri Tanjung Pinang for 3 bedrooms units and now if you’re lucky enough you can get it around RM 4,000.

    However, I would rate a higher ratings and expectation when the economy is recovering but the important question is “when”.

    As at December 2022, one issue that you need to take note is the strata title of City of Dreams is yet to issue.

    PSF of City of Dreams will be around RM 1,100+ to RM 1,500+ as at August 2021.

    Like I mentioned in other projects, current ROI in terms of rental rate for residential property in Penang will be somewhere around 2% to 3%.

    Some owners manage to let their units out just before Covid-19 at RM 6,000  +/-rental rate which gives them around 5% ROI in terms of rental rate. 

    For some slightly unfortunate owners, the rental rate has been declined to around RM 4,000 to RM 5,000. However, I do have some expectation for the future capital appreciation. If the STP 2 is having another high density condominium then I might change my mind about this.

    Some good news? If you’re buying cash, your rental ROI still better than fixed deposit (FD) rate. 

    If you’re not buying cash? Well the answer is still same, at least you don’t lose your interest to bank where I think current rental rate should be ok to offset with bank interest. 

    In my point of view, I would say it’s easy to sell in the future if City of Dreams is having slightly lower density. However, each tower is only about 280 units and served by private lift which another part of me trying to convince me that it’s not that high density. 

    I would say the view is more or less the same and less complex compared to Quayside & Andaman Condo. Hence, it’s just depends whether your future buyer will like low or high floor.

    Of course the best view would be corner unit 1,335 sq ft. Better view, better price. I have plenty of speculators keep on asking about the 1,335 sq ft which I keep on telling fully sold out for developers unit. You can ask the whole kampung of agents and the answer is still same. 

    If you want cheap unit so far I can conclude RM 1.9m  @ 1,335 sq ft will be the cheapest price as at August 2021. It’s safe enough to say owners of Seri Tanjung Pinang has some confident in their holding power and so do you, whoever looking to own a nice property at Seri Tanjung Pinang. 

    Again, I think this is so far the best and MODERN concept of completed condominium project in 2020. Just come inside, walk around the facilities and you’ll agree with me.

    If you’re really keen to own a unit at reasonable and rational price, we can definitely help you. 

    99.99% of my clients are happy !

    Customers reviews

    More Testimonials at Facebook

    4.9
    Based on 23 Reviews

    Fast respond and unbiased about giving feedback

    A big thank you to Scott for the exceptional service! He is knowledgeable about the market and even went above and beyond to find properties that matched my criteria. I would highly recommend Scott to anyone in need of a top-notch property consultant. Thank you again for your hard work!

    He is currently now my best property consultant which he has so much knowledge and ideas to share with you regarding to properties. He can answer most of the question fast and useful. If you have a very compicated question,find him, his answer will never goes wrong. Super responsive and kind-hearted

    Trustworthy, Fast action, Super patience with customers' enquiries. He even replied my message in the midnight 1AM 😂 Scott 's superb service surely beyond your expectation. Highly recommended for those who need a reliable agent. 👍

    Funny, helpful and very informative guy! 👍🏻

    Scott is a friendly, helpful and patient agent. He provided useful and detailed information that helped me to make the right decision on property. For me he is highly recommended.

    He was very polite and kind to me, who didn't know anything. Thanks to that, I can live with peace of mind. Thanks to you, I'm comfortable.

    More Testimonials at Google

    Let’s arrange for a visit to City of Dreams Penang

    Interested with any of the project you saw here in our website ? Just click on the “Message” / “WhatsApp” button and let us know.

    We’ll send you detailed info & invite you to the showroom / sales gallery / actual site. 

    You can also reach us at +6011-1098 4066

    We’ll assist you throughout the process, if you’re happy, just pick up a unit, we have ready bankers & lawyers to assist your loan application & sales & purchase process.

    However, if you think our proposal is not able to suit your criteria, do feel free to let us know please don’t say “I’ll consider and come back to you”. We know you wont come back so just let us know so we can help you with our best. Again, we promise, no hard-selling.

    Voilà, congratulations, u can sign relevant documents now if everything approves / goes well. Sit back and relax to wait for your keys / vacant possession.

    What if loan rejected ? No worry, fully refundable for your booking fees. We’ll let you what could be the potential reason your loan is rejected, and then we start from there to build your profile again ! (Don’t be disappointed, it happens to some of our clients sometimes)

    City of dreams showroom - contact Scott for more info +6011-1098 4066

    City of Dreams Penang

    Fully Furnished Packages
    RM 1,480,000
    • FREE Legal Fees for S&P
    • FREE Legal Fees for Loan
    • While Stock Last
    Sale

    About My Property Deals - Scott Seow

    Real Estate Negotiator (REN 43700)

    I’m Scott Seow, a real estate negotiator focusing on new projects, sharing of news and updates related to Penang & Malaysia’s property. I’m an detailed & transparent person, what I know will definitely be what you know. Nobody likes hidden fact when it comes to decision-making.

    I deliver SHARP DETAIL for my clients throughout the entire property hunting journey. You need sharp detail because of information overload, unorganized, overpromising agent and developers. Right now, having someone who is SHARP & DETAILED is key to your success. Other people do not provide SHARP DETAIL and as a result, you’ll probably experience an incomplete information, confused or even wrong purchase decision!
    That is why I am the perfect solution to your problem

    You can reach me at +6011-1098 4066 or the contact button in the page or email me at penangpropertydeals@gmail.com if you need my service.

    Detail-Oriented Agent.

    If you need help to let (rent) or to sell your property please click here or WhatsApp us

    About us - My Property Deals - Scott Seow

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    Just left us a 5 star review

    A big thank you to Scott for the exceptional service! He is knowledgeable about the market and even went above and beyond to find properties that matched my criteria. I would highly recommend Scott to anyone in need of a top-notch property consultant. Thank you again for your hard work!

    He is currently now my best property consultant which he has so much knowledge and ideas to share with you regarding to properties. He can answer most of the question fast and useful. If you have a very compicated question,find him, his answer will never goes wrong. Super responsive and kind-hearted

    Very approachable and provided fast response and advice!

    Trustworthy, Fast action, Super patience with customers' enquiries. He even replied my message in the midnight 1AM 😂 Scott 's superb service surely beyond your expectation. Highly recommended for those who need a reliable agent. 👍

    Professionally analyse and share the review. Appreciate for helping making decision.

    Funny, helpful and very informative guy! 👍🏻

    He was very polite and kind to me, who didn't know anything. Thanks to that, I can live with peace of mind. Thanks to you, I'm comfortable.

    Fast respond and unbiased about giving feedback

    Scott is a friendly, helpful and patient agent. He provided useful and detailed information that helped me to make the right decision on property. For me he is highly recommended.

    Scott has been managing my City of Dreams unit in Penang for nearly a year. He is a very professional and reliable estate agent. Highly recommended!