23 Jun '14, 4am

Penang reclaiming land for new island, Overseas Property News, Singapore......

Penang reclaiming land for new island, Overseas Property News, Singapore......

An artist's impression of Seri Tanjung Pinang Phase Two, which includes a whole new island as well as a linear park along Gurney Drive. Work on the 308ha island off could start by the end of this year. -- PHOTOS: COURTESY OF E&O THE northern coast of Penang is set to change dramatically following the state government's recent approval for a 308ha island to be built, to allow for more housing and recreational facilities. The mega reclamation project is being undertaken by Eastern & Oriental (E&O), a developer known for its luxury properties as well as the well-received refurbishment of Penang's famed E&O Hotel and Lone Pine Resort. Deputy managing director Eric Chan said work could begin by the year-end, with the new island due to rise from the sea in two years. The project, called Seri Tanjung Pinang Phase Two (STP2), is about 15 minutes away from downtown George Town. Whe...

Full article: http://www.stproperty.sg/articles-property/overseas-prope...

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