Bayan Mutiara, Penang
Setting a benchmark in urban living that embraces nature in a symbiotic relationship, Penang World City in Bayan Mutiara is set to place Penang onto the world stage in its quest to become an international city. Covering a total of 41.5ha land area, the development comprises 27.3ha of existing land and 14.2ha of land to be reclaimed. Working along the tagline of ‘For Penang, In Penang, By Penang’, this project is aimed at becoming an international gateway for foreign tourists and investors to Penang.
Development components will include luxury condominiums, medium rise condominiums, business suites, serviced residences, iconic office block, waterfront entertainment city, commercial and retail spaces, waterfront villas, medical facilities and so on.
Estimated RM10 billion.
Scheduled for commencement in end of 2012.