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STP2

6-acre-prime-land-offered-for-public-auction

No bidders for RM313.6 million Gurney Drive land auction

An auction for a six-acre parcel of land near Gurney Drive, Penang, failed to attract any bidders on Wednesday, dealing a setback to efforts to raise funds for the long-delayed Ayer Itam road bypass project. Representatives of the appointed auction agent, One Asia Property Consultants (PG) Sdn Bhd, waited an ... Read More
6-acre-prime-land-offered-for-public-auction

Penang govt to auction 6-acre Gurney Drive land for over RM300m

A 6-acre freehold prime land parcel next to Gurney Bay and Andaman Island will be offered for public auction on Oct 7, 2026, with a reserve price of RM313.632 million. Located at P.T. 858 (Plot 7A), Section 2, Bandar Tanjung Pinang, Northeast District, Penang, the land carries a reserve price ... Read More
Aerial view of Seri Tanjung Pinang

Be Part Of Penang’s Next Prime Address

The Eastern & Oriental (E&O) name is synonymous with creating placemaking addresses that stand the test of time. The E&O portfolio today, spanning hospitality through to luxury living, is headlined by Penang’s globally renowned Eastern & Oriental Hotel and spans four main growth engines in Kuala Lumpur, Penang, Johor’s Iskandar ... Read More
STP2

Seri Tanjung Pinang – Phase 2

Seri Tanjung Pinang (STP) encompasses two phases and is located at the northeast coast of Tanjung Tokong, Penang, Malaysia. The first phase (STP1) of the reclamation comprising 240 acres was completed in 2006. Reclamation of the 760-acre second phase (STP2) which commenced in 2016, is underway. As a matter of ... Read More