Penangites may generally associate the acronyms E&O (Eastern & Oriental) with the majestic British colonial hotel in the heart of George Town, which has welcomed countless travellers since 1885. However, E&O Berhad has also become synonymous with its distinctive properties and Seri Tanjung Pinang (STP), a 240ac seafront development on the island that launched in 2005 and has become one of its most coveted residential addresses. Its latest ambitious and propitious project, Andaman Island, is set to change the face of Penang, literally, with Phase 1 already being launched.
Located directly across the waters from STP, the man-made island is set to be 760ac upon completion and has an estimated gross development value (GDV) of RM60 billion. For those who have inhibitions about reclaimed land, the first-of-its-kind development in Malaysia has been more than 30 years in the making, first mooted under the administration of the late Tun Lim Chong Eu, then Chief Minister of Penang, and going through various stages of approvals, including a Detailed Environmental Impact Assessment by the Federal Department of Environment.
Andaman will revolve around the concept of a ‘15-minute city’, ensuring that residents have convenient access to shopping, dining, wellness and recreational spaces within a short walk or bike ride—the reverse of most of Penang, which is largely difficult to traverse.
Sustainability is truly at the nucleus of Andaman, making it the “first township in Malaysia to win the Provisional GreenRe Platinum Award (Township & Master Planning Category) by Malaysia’s Real Estate and Housing Developers Association (REHDA) due to its unique conception of sustainable living, excellent connectivity, and lush landscaping,” said Kok Tuck Cheong, managing director of E&O.
Dream Homes
Its high-rise developments, The Meg and Arica, as well as phase one and two of the Fera courtyard terraces and Senna semi-detached homes, have fully sold out. Its premium condominium development, The Lume, quickly reached more than 42 per cent in sales two months after its launch in August 2024. Its prices begin at RM2.2 million and offers panoramic views of the island through its Pavilion-In-The-Sky concept, premium finishes, and eco-conscious design, catering to discerning buyers with an eye for opulence and a commitment to sustainability.
View more photos of the interiors of the property
The second quarter of 2025 will see the launch of a further RM1.6 billion worth of developments, including phases three and four of Fera and Senna. Additionally, the township’s first waterfront residences, The Marina apartments, comprising 15 private, sea-facing marina homes, will allow homeowners to hop on their yachts at their leisure. By 2030, Andaman Island is set to be site of approximately 5,000 homes. “Andaman Island is more than just a property development,” Kok said. “It is a legacy project that reflects E&O’s enduring vision.”
Lead image: Andaman Island’s masterplan
