ASSET PORTFOLIO - MALAYSIA
PENANG WATERFRONT
INTEGRATED
DEVELOPMENT
槟城滨海综合项目
The Penang Waterfront Integrated Development is
located on a freehold waterfront site in Gelugor town
situated on the eastern coastline of Penang, Malaysia.
Positioned as Penang’s first mega integrated waterfront
icon, the dynamic mixed-use development is expected
to comprise a large retail podium with waterfront dining,
premium residential towers, a high-quality office tower,
two international hotels, and the largest convention
centre in Penang. Imbued with the life and spirit of
Penang’s cultural heritage, the retail and entertainment
components will feature Penang’s enchanting historical
architecture and renowned hawker food fare, making it
Artist’s impression. Picture may differ from the actual view of the completed property.
a ‘must-see’ waterfront precinct for locals and tourists in
the bustling city.
The landmark integrated development will enjoy excellent
transport connectivity being strategically situated about
1km from the famous Penang Bridge and about 12km
from the second Penang Bridge, linking Penang Island
to mainland Malaysia. The integrated development is
also about 5 km from Penang’s capital, George Town,
16 km from the Penang International Airport, and is easily
accessible via the Tun Dr Lim Chong Eu Expressway and
a planned Light Rail Transit system.
Penang Waterfront Integrated Development
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PERENNIAL REAL ESTATE HOLDINGS LIMITED
Annual Report 2015
