To this day, Zhang Li, whose grave still lies at Tanjong Tokong, is worshipped by ethnic Chinese in Malaysia and Singapore as Tua Pek Kong, a local deity.

[8][9] These constructions have led to an increase in the standards of living, as Tanjong Tokong grew into an upscale suburb of George Town.

Tanjong Tokong was one of the hardest hit areas during the 2004 Indian Ocean tsunami that ultimately claimed a total of 52 lives in Penang.

Part of the pan-island Federal Route 6, Jalan Tanjong Tokong, as with the handful of roads within the suburb, is prone to traffic congestion.

[19][20][21] Due to the emergence of other retail centres throughout the city and lengthy renovations, the mall faced a period of decline, before being acquired by Hong Kong–based property magnate Paul Law.