Andaman Island – the highly-anticipated prime reclaimed island of Seri Tanjung Pinang Phase 2A by E&O. Located directly across the waters of Seri Tanjung Pinang and Gurney Drive, the 253-acre island is expected to have a GDV of over RM17 billion, which will take over 15 years to complete. The first link bridge connecting the northern part of Andaman Island to Seri Tanjung Pinang has already been completed several months ago. A second bridge is now under construction to connect the southern part of the island to Gurney Drive.

The Meg marked the first project in Andaman Island, featuring two blocks of 27 and 34-storey serviced apartments with an estimated GDV of RM690 million. It comprises 1,020 residential units with innovative layouts designed to suit young executives and new families.

Project Name : The Meg
Location : Andaman Island, Off Gurney Drive
Property Type : Serviced residence
Tenure : Freehold
Land Area: 4 acres
Built-up Area: 567sq.ft. – 879sq.ft.
Total Units : 1,020
Indicative Price: RM500k onwards
Developer : Persada Mentari Sdn. Bhd. (a subsidiary of E&O Berhad)

SITE PROGRESS

SITE PROGRESS: The Meg @ Andaman (June 2025)

SITE PROGRESS: The Meg @ Andaman (Nov 2024)

SITE PROGRESS: The Meg @ Andaman (Apr 2024)

SITE PROGRESS: The Meg @ Andaman (Dec 2023)

SITE PROGRESS: The Meg @ Andaman (Aug 2023)

SITE PROGRESS: The Meg @ Andaman (Mar 2023)

SITE PROGRESS: The Meg @ Andaman (Feb 2022)

DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider or party in question.

Penang has been ranked as the third-best island in the world to retire in once again this year.

In a list published by International Living, Penang was the only island in Asia listed and is noted for its friendly and helpful populace.

“The island of Penang, off the coast of Malaysia, has been a firm favourite among savvy expats for decades.

“Here, the lifestyle is First World—it’s possible to trade-up. A couple can live well on a monthly budget of between $1,500 and $2,500 a month.

“It’s a luxury life on an affordable budget with all the comforts and conveniences of home,” the publication wrote.

In the listing, Penang was also noted for its strategic location within Southeast Asia and “home to eclectic architecture, a vibrant arts scene, and the best street food in the world”.

It was listed as the third-best island after Malta and Mallorca, Spain.

The website is known to promote the idea of living better for less overseas, with works to research and provide information on destinations that are “cheap, safe, healthy and free”.

Penang state tourism and creative economy executive councillor Yeoh Soon Hin said the state is glad to be ranked first in Asia and to be in the top three globally, sharing the limelight with 14 other amazing islands on the list.

“Penang is home to a galore of heavenly street food, juxtaposed against colonial buildings that ooze a historical charm.

“Our pristine nature, tropical climate and excellent connectivity are exactly why you should visit this Pearl of the Orient,” he said.

In April this year, Penang was also listed by another travel publication catering to senior travellers as the third best island in the world, and the first in Asia to retire in 2021.

Source: TheStar.com.my

Nestled within the vicinity of the strategic transportation and business hub of George Town, PDC commercial properties can be found in three locations, these are; the Jalan Burmah Shoplots, Kompleks Jalan Kedah and Komtar, all of which are situated nearby public amenities and business centers such as Times Square, 1^st Avenue, Fort Cornwallis, Penang Plaza and Chowrasta Market that are key toward facilitating the growth of businesses.

Ever since its construction, Komtar has long been highly-renowned as one of Penang’s most prominent locations for commercial and retail business due to its strategic location right in the heart of George Town. By establishing your business here, you will have convenient access to an abundance of key amenities such as government offices, pharmacies and departmental stores, all under one roof. Apart from the affordable rent and spacious retail lots, Komtar is also easily accessible by visitors as it is well-connected by roads and highways to all parts of Penang and is near to several prominent tourist attractions of George Town.

For the Jalan Burmah Shoplots, the shoplots are located along the highly-popular thoroughfare of Jalan Burmah which is filled with hawkers and F&B establishments that often attract huge crowds from Penang as well as tourists from other states and countries all-day long especially during holidays. Other than that, these spacious double-storey shoplots, that come with a cost-effective rental, offer business owners a high public visibility for their business establishments due to its location that is conveniently accessible along a busy stretch of road.

Located in a friendly neighbourhood along Jalan Kedah with ample of amenities which are essential for businesses, Kompleks Jalan Kedah offers business owners a spacious area and attractive prices which eases the process of setting up a business establishment. With all these attractive features and affordable rents, wait no more as you wouldn’t want to miss this great opportunity to relocate or set up your business!

For more enquiries regarding the sale/rent of these retail lots, call PDC today at 04-6340406 / 04-6340407 / 04-6340420 or register your interest below:

Amidst the pandemic, EcoWorld has sold 4,984 properties with a total sales value of RM3.5 billion, surpassing our FY2021 sales target of RM2.875 billion!

EcoWorld Malaysia announced a second interim dividend of 2sen per share. This, together with July’s 2sen dividend, brings total dividends for FY2021 to 4sen, double the amount declared for FY2020.

About Queens Residences

Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall.

Find out more about Queens Residences