Penang government is carefully evaluating the establishment of a Special Financial Zone (SFZ), recognising its potential as a transformative economic driver. Chief Minister Chow Kon Yeow revealed that the Penang Institute (PI) is leading the study into the proposal. During a winding-up speech at the Penang Legislative Assembly, Chow highlighted ... Read More

Andaman Island is rapidly emerging as a prestigious and innovative development, setting new standards for sustainable living in Malaysia. This 253-acre project by Eastern & Oriental Berhad (E&O) comprises three districts: Shoreline, Gurney Green, and Canalside, each designed around the pillars of sustainability, connectivity, and quality of life. Andaman Island: ... Read More

Eastern & Oriental Berhad (E&O), Malaysia’s premier lifestyle property developer, yesterday announced its masterplan for Andaman Island, an ambitious, first-of-its-kind development in Malaysia. With an estimated Gross Development Value (GDV) of RM 60 billion, this masterplan reflects over 30 years of vision to create a vibrant, eco-conscious island township that harmonises ... Read More

E&O Group yesterday announced the launch of The Lume, its latest luxury development on Andaman Island, Penang. This new project, situated in the prestigious Shoreline district, sets a new benchmark for eco-conscious living, offering 261 exclusive residences designed to harmonise sophisticated architecture with the natural beauty of the island. “The Lume ... Read More

The Lume is a 49-storey luxury residential condominium situated on Andaman Island. Developed by the esteemed Eastern & Oriental Berhad (E&O), this project highlights meticulous attention to details, providing a tranquil living experience amidst lush greenery and the sea. Excellent connectivity from Andaman Island to Seri Tanjung Pinang and Gurney ... Read More

In a glittering ceremony at The Athenee Hotel, Bangkok, PropertyGuru Group recently unveiled the winners of the 18th Annual PropertyGuru Asia Property Awards Grand Final. The prestigious event, presented by Kohler and supported by Dongpeng Ceramic and Subzero Wolf, celebrated excellence in real estate development, construction, architecture, and design across ... Read More

Alliance Bank Malaysia Berhad (“Alliance Bank” or the “Bank”) and Persada Mentari Sdn Bhd (“PMSB”) yesterday signed a Memorandum of Understanding (“MoU”) to encourage sustainable development and living through the ownership of green-certified properties. PMSB, a special purpose vehicle formed by Tanjung Pinang Development Sdn Bhd (TPD), a subsidiary of Eastern ... Read More

Premier lifestyle property developer Eastern & Oriental Berhad today announced that its township development project, Andaman Island Phase 1 has attained GreenRE Platinum Provisional Certification under the township category. GreenRE was formed by Malaysia's Real Estate and Housing Developers Association ("REHDA") in 2003 to promote sustainability in Malaysia's property sector ... Read More

E&O's second serviced residence project at Andaman, Arica Executive Homes, follows the successful sales of The Meg, which is now fully sold out. Positioned adjacent to The Meg, Arica boasts similar benefits of convenient access to various commercial amenities in the future such as workplaces, educational institutions, hospitality, healthcare, wellness ... Read More

Following the success of Seri Tanjung Pinang (STP), Eastern and Oriental Bhd (E&O) is gearing up to launch its second master-planned development in Penang. Aptly named Andaman after the surrounding sea, this 760-acre island, just across the waterway from STP, is envisioned as the next iconic E&O address. Andaman will ... Read More