E&O unveils first phase of Andaman Island’s RM60b master plan

• Thus far, the developer has launched projects totalling a GDV of RM1.359 billion, and will be launching a further RM1.63 billion worth of developments soon.

GEORGE TOWN (Nov 22): Eastern & Oriental Bhd (E&O) has launched the first phase of the masterplan for its Andaman Island development. Spanning 760 acres of reclaimed land off the coast of the northeastern corner of Penang island, the mega project, with an estimated RM60 billion gross development value (GDV), will be developed in two phases. 

Phase one of the township will feature three key precincts: Shoreline, Canalside and Gurney Green. Andaman Island will also incorporate a “15-minute city” concept, ensuring that residents will not have to travel more than 15 minutes to reach amenities like work, retail, education and hospitality.

Andaman Island will be directly accessible from the main island via two connecting bridges: Andaman and Gurney. The completed Andaman bridge will link E&O’s Seri Tanjung Pinang to the township, while Gurney bridge will link Andaman Island to the new Gurney Bay.

Shoreline, the township’s main residential district, will include 375 units of landed residences, besides a series of ongoing high-rise residences. All residential projects on phase one of Andaman Island will be freehold, including 15 private, sea-facing marina homes.

Spanning a 30–40m canal between phase one and phase two, Canalside will serve as a waterfront leisure hub, dedicated to community-oriented amenities for the island’s residents. Meanwhile, Gurney Green will be envisioned as a 74-acre central business district for Andaman Island.

First launches fully sold

Andaman Island is expected to provide 5,000 homes to 16,000 residents by 2030. All 69 units from the first phase of its landed residences, Senna and Fera, sold out completely in the span of six months from its launch date in January.

The first non-landed projects to be launched on Andaman Island, serviced residences The Meg and Arica, have also been fully sold out. The Meg is expected to be completed in April 2026, while Arica has a targeted completion date of March 2027.

Meanwhile, The Lume, Andaman Island’s first premium condominium development, has reached over 42% in sales since its launch in August. With 291 units ranging from 1,700–2,700 sq ft, they are priced at approximately RM1,050–1,200 psf. With a GDV of RM689 million, The Lume is expected to be completed around 2028.

Andaman Island is also the first development to achieve a provisional GreenRE Platinum award in the township and masterplanning category. The GreenRE Platinum rating was awarded to the entire master plan of Andaman Island, as well as all of its current residential projects.

“E&O has always aimed to create developments that elevate life at every address, and Andaman Island is a true embodiment of this vision. We see it as both a tribute to Penang’s unique heritage and a forward-looking model of sustainable, sophisticated living.

“Our approach to community building and sustainability ensures that Andaman Island not only remains a thriving, relevant community but also serves as a benchmark for future responsible developments in Malaysia,” said E&O Group managing director Kok Tuck Cheong during the press event on Tuesday.

Upcoming launches

Thus far, E&O has launched projects totalling a GDV of RM1.359 billion, and will be launching a further RM1.63 billion worth of developments soon.

These include phases three and four of Senna and Fera, and the township’s first waterfront residences, The Marina apartments. The Marina has a GDV of RM634 million, and offers 524 units of 900–1,300 sq ft. The official launch of The Marina will be announced some time this year-end, while phases three and four of Senna and Fera will be launched some time in 2Q2025.

E&O also hinted at its plans to launch a second, five-acre waterfront development, with an estimated GDV of RM1 billion, and a 17.83-acre development which will include a shopping mall, an office building, a hotel, a branded residence, and two blocks of serviced apartments. This project is expected to have a GDV of approximately RM4.5 billion.

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