The Penang Development Corporation (PDC) has officially opened a Request for Proposal (RFP) for The Coast, a modern mixed-use waterfront development set to redefine the southeast coastal landscape of Penang Island.

Spanning 5.15 acres, The Coast is envisioned as a symbol of progress aligned with the Penang2030 vision of a smart, green, and sustainable future. More than just a physical project, it embodies a holistic approach that integrates economic, social, and environmental elements — designed around the “Live, Work & Play” concept. The master plan includes modern serviced apartments, Grade A corporate offices, and vibrant commercial spaces, fostering a well-connected and balanced urban community.

Strategically located near the Tun Dr Lim Chong Eu Expressway, The Coast enjoys excellent connectivity to major infrastructures such as the Sultan Abdul Halim Mu’adzam Shah Bridge, the Bayan Lepas Free Industrial Zone (FIZ), and Penang International Airport. This prime address positions the development as an attractive destination for multinational corporations, investors, and professionals seeking a coastal address with urban conveniences.

PDC’s RFP, which opened on 1 October 2025, invites local, international, and consortium-based companies to participate in the purchase and operation of serviced apartments or a hotel component within the project. Interested parties may obtain the RFP documents until 28 November 2025 (Friday), between 9.00am and 4.30pm, at PDC’s headquarters in Bandar Bayan Baru, for a non-refundable fee of RM3,000 (including SST). Payment can be made via online transfer, with digital copies available upon confirmation.

The submission deadline is 31 December 2025 (Wednesday) at 12.00 noon. All proposals must be submitted in sealed envelopes to PDC’s Procurement Division at Bangunan Tun Dr Lim Chong Eu, Penang.

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