This Is How IJM Turned Penang into a Luxury City | The Light City

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Discover why Andaman Island Penang could become the island’s next prime waterfront address, and what it looks like before it becomes obvious. In this episode of Malaysia Property Market Review, Rey breaks down E&O’s 253-acre Phase 1 inside the 760-acre Andaman Island masterplan, how it links to Seri Tanjung Pinang (STP) and Gurney Drive, and why the new Gurney Bay waterfront park (about 60 acres) can reshape lifestyle demand on this side of Penang. You’ll also get the key on-ground logic that matters to foreigners and expats: township execution, walkable waterfront living, the planned marina (300+ yacht berths) effect on neighbourhood tone, plus price signals from nearby branded projects like Westin Residences (~RM1,800 psf) and Marriott Residences (asking up to ~RM2,400 psf). Finally, we compare the two newest launches inside Andaman, Maris (979 to 1,356 sf, 2 to 3 beds, around RM1M range) versus The Lume (1,722 to 2,874 sf, 3 to 4 beds, from around RM2M), so you can decide whether this is a better fit for own stay, a Penang home base, or a long-term waterfront investment.

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