Penang’s Andaman Island project by Eastern & Oriental Bhd set to transform coastline with RM60b development

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Penang’s Andaman Island project by Eastern & Oriental Bhd set to transform coastline with RM60b development - Malay Mail

Quick Summary:

GEORGE TOWN, Nov 21 — Malaysian property developer, Eastern & Oriental Bhd (E&O) has unveiled its masterplan for its And...

Thus far, the projects launched on the island have a combined GDV of RM1.35 billion, and E&O is set to launch two seafront condominium projects and a new phase of luxury developments next year.

The land reclamation phase is expected to be completed by 2028, while the entire masterplan is projected to take approximately 30 years to be fully materialised.