FAQ

  1. What is Seri Tanjung Pinang?

    Seri Tanjung Pinang (STP) is a masterplanned seafront development on the northeast coast of Penang island, Malaysia. It is a 2-phased reclamation project by Tanjung Pinang Development Sdn Bhd (TPD).


    The 240-acre first phase, Seri Tanjung Pinang Phase 1 (STP1), is fully reclaimed and close to completion.

    Seri Tanjung Pinang Phase 2 (STP2) will be located across the waters to the east of the first phase and will cover an area of 760 acres. The first tranche of reclamation works for STP2 commenced in 2016.


  2. What is Seri Tanjung Pinang Phase 1 and Seri Tanjung Pinang Phase 2?

    STP1 and STP2 are the first and second phases of the Seri Tanjung Pinang reclamation project at the northeast coast of Penang island.

    STP1 covers an area of 240 acres as provided by the project’s Concession Agreement. Reclamation works for STP1 was completed in 2005 by TPD, the concession holder. The parent company of TPD, Eastern & Oriental Berhad (E&O) launched the first properties at STP1 in the same year.

    STP1 is today an award-winning seafront masterplanned development which has emerged as Penang’s most desired address for locals and more than 20 other nationalities. Close to fully-developed (2016), the cross-section of homes here include detached, semi-detached and terraced houses, resort condominiums, executive apartments as well as low-medium cost apartments.

    Anchoring the seafront lifestyle at STP1 is the Straits Quay festive retail precinct which features a 40-berth marina. The 4-acre Straits Green Public Park and ample green spaces are some of the other lifestyle features attributing to distinction and liveability factor of STP1.

    The Concession Agreement for STP project further provides for a second phase, STP2 to be reclaimed.

    Originally, 740 acres of land was to be reclaimed under STP2. However, it should be noted that 20 acres within the 240-acre STP1 had been surrendered to the Penang State Government for the Penang Outer Ring Road (PORR) alignment. These 20 acres will be replaced in STP2 and hence, the original acreage of STP2 (740 acres as per Concession Agreement) has been increased to 760 acres (see table below). Reclamation works for STP2 commenced in 2016.


    Area Acreage (acres)
    STP1 240 (20 acres given to Penang State Government for PORR, to be replaced in STP2)
    STP2
    +     		740
    20
    760
    		 (per Concession Agreement)
    (replacement for PORR)

  3. Who is Tanjung Pinang Development Sdn Bhd (TPD)?

    TPD is a subsidiary of Eastern & Oriental Berhad (E&O) and holds the Concession Rights to both phases of the STP reclamation project.


  4. What is Gurney Wharf?

    Over and above the concession rights to reclaim the land for STP, TPD is also reclaiming at its own cost, 131 acres off the Gurney Drive foreshore for the Penang State Government.

    The Penang State Government has made known that a 60-acre public park, to be called Gurney Wharf, will be created within the 131 acres of reclaimed land along the Gurney Drive foreshore.

    TPD, appreciating how special Gurney Drive is in the hearts and minds of Penangites, as well as Malaysians as a whole, took the initiative and bore the cost to commission leading local and international architects to produce a concept masterplan for Gurney Wharf for the consideration of the state government. These experts include Malaysia’s GDP Architects who produced the overall masterplan; Grant Associates for the landscaping and Jerde International for the retail F&B component.


  5. Will TPD be building the Gurney Wharf public park?

    TPD’s commitment and obligation is to reclaim the 131 acres of land of the Gurney Drive foreshore for the Penang State Government.


  6. What is the total acreage of land that TPD is reclaiming?

    891 acres (see table below)


    Area Acreage (acres)
    STP2
    +     		740
    20
    760
    		 (per Concession Agreement)
    (replacement for PORR)
    Land reclaimed for Penang State Government 131 (the proposed Penang State Government project, known as Gurney Wharf is sited within these 131 acres)
    Total land to be reclaimed 891  

  7. What is the reclamation method employed for Seri Tanjung Pinang?

    The sand filling and soil treatment method, which addresses consolidation aspects, was used to create the first phase of Seri Tanjung Pinang (STP1). This method is also being adopted for the second phase of Seri Tanjung Pinang (STP2). This is one of the safest and most extensively used reclamation technology in the world, which is also adopted for the reclamation of Singapore’s Tuas Biomedical Park 2, the Disney Theme park and Chek Lap Kok International Airport in Hong Kong, the Betuweroute Railway in The Netherlands and Palm Jumeirah in Dubai.

    It is noteworthy that the STP2 reclaimed land will have a platform level that is raised to 5.5m-6.0m CD (chart datum). At 6.0m CD it is 2.8m above the highest astronomical tide (HAT) and more than 1.5m above the recorded wave height at Tanjung Tokong during the 26 December 2004 tsunami event. In comparison, the then partially-completed STP1 revetment wall (3.7m of the final 4.7m height) has proven able to withstand the December 2004 event. The platform level of STP1 reclamation work had already reached the final level of 5.0m CD. The STP2 reclamation platform and revetment system is therefore a significant enhancement in terms of wave protection.

    For more information on the reclamation process employed for STP2, click here.


  8. Who are the main contractors and consultants for the Seri Tanjung Pinang project?

    The masterplan of Seri Tanjung Pinang is a large and complex undertaking involving all aspects of design from marina engineering and environment to urban design and architecture. Successful and diverse cities are created by many kinds of collaborating developers, designers, engineers and many other talented people who can draw upon their global skills to create a robust framework for development over the next quarter of a century. TPD have assembled a team of leading and award winning consultants who have the necessary international and local experience to create such a framework.

    This integral team of experts for STP2 comprises:

    • China Communications Construction Company (M) Sdn Bhd (CCCC (M)) – reclamation contractor
    • Dr. Nik & Associates Sdn. Bhd. (DNA) – reclamation, design, supervision and engineering consultant
    • Professor Dato' Dr Sharifah Mastura Syed Abdullah, Director of the Institute of Climate Change, and a Professor at the School of Social, Development and Environmental Studies of the National University of Malaysia (UKM) – lead environmental consultant for STP2 Detailed Environment Impact Assessment (DEIA) and environmental consultant for STP2
    • BuroHappold Engineering – infrastructure engineering consultant and independent peer review for STP Phase 2A

    Click here for more information on the team.


  9. Has Tanjung Pinang Development Sdn Bhd obtained all the relevant approvals for reclamation?

    TPD has throughout the reclamation and development of STP1 complied with all requirements set out by state authorities.

    As with STP1, it is a priority of TPD to ensure that the implementation of the STP2 project complies with all conditions set by the relevant authorities within the laws of the country. Steps in this direction commenced with fulfilling its obligations to obtain necessary approvals to start the reclamation works for the 760 acres that would make up STP2.

    For more details on TPD’s compliance with all requirements, please click here.


  10. When are the reclamation works expected to be completed?

    In line with the terms of the reclamation contract, reclamation works for Phase 2A, comprising 131 acres along the Gurney Drive foreshore which is reclaimed for the Penang State Government, and 253 acres stretching from the waters off Straits Quay southwards (STP2A), are expected to be completed by the second half of 2018.

    The contract for the remaining 507 acres of STP2 has yet to be awarded as the focus is presently on Phase 2A of the project.


  11. What are E&O’s other interests and investments in Penang?

    Eastern & Oriental Berhad is a listed company on Bursa Malaysia that has established a reputation as the premier lifestyle property developer of exclusive addresses for the discerning.

    E&O has a longstanding presence and commitment in Penang that extends beyond its property development activities. The Group was instrumental---expending considerable financial resources and not to mention, perseverance---in returning Penang’s world-renown heritage Eastern & Oriental Hotel (E&O Hotel) to its former glory after years of neglect and reversals of fortune in the hands of numerous other owners. This grand dame of heritage hotels is now owned and operated by the E&O Group, with the 100-suite heritage wing complemented by the adjacent 122-suite Victory Annexe.

    E&O also undertook an extensive refurbishment and expansion of the Lone Pine Hotel, the first hotel along Penang’s picturesque Batu Feringghi coastline, in 2009/2010. It reopened in 2010 with an additional 40 rooms (bringing the total to 90) and an upgraded swimming pool, wellness spa, shop and gym, business centre and meeting rooms. Guests, especially loyal longtime followers of Lone Pine, were relieved to see that the hotel has not lost its quintessential charm and character, including its signature casuarina trees and lawn.

    E&O’s commitment to the community in Penang is evident in its contributions of close to RM25 million or an average of RM2.5 million per annum to various causes and communities in Penang, which include meaningful initiatives such as:

    • RM4 million to create the Straits Green public park at Seri Tanjung Pinang and maintained at an estimated RM30,000 monthly. This 4-acre park that is now a popular gathering spot for the Tanjung Tokong community and venue for a host of public social activities.
    • RM8.5 million to build and support the Performing Arts Centre of Penang so that Penangites can have greater access to the arts.
    • RM1.9 million since 2008 to Penang State cultural and heritage celebrations as well as to the Tanjung Tokong community for their social and religious activities.

    E&O has also initiated the Think Green community education programme to build "eco-centric" communities and strengthen community spirit through a community food garden at Straits Green. In this project, E&O works closely with the Consumers’ Association of Penang (CAP) to run educational activities with school children and provide organic gardening training for landscapers, and has reached out to schools in the vicinity of the Tanjung Tokong area.

    E&O recently built the E&O Visitor Centre located at the Straits Quay Lighthouse in Penang that charts the evolution of E&O in the context of Penang’s transformation through the centuries. Through its exhibits, visitors will be able to trace Penang’s rise as a flourishing port and how the Armenian founders of the Eastern & Oriental Hotel, the Sarkies Brothers, thrived in Penang, an island city that embraced trade, culture and opportunity.


  12. What is the concept of the STP2 project?

    STP2 aims to be an exemplar development. Its holistic concept masterplan takes its cue from highly-successful seafront projects worldwide, while honouring the unique environment and character of Penang island.

    With this vision in mind, STP2 will adopt urban design guidelines to create places for communities. It is envisaged that the design of STP2 will encourage greater social interaction with green spaces and public realm, introduce a vibrant lifestyle of work and waterfront living, and provide a variety of housing and amenities for a cross-section of society.


  13. What are the main components of this masterplanned project?

    The 760-acre STP2 island comprises two parts: the 253-acre STP Phase 2A, and the remaining 507-acre Phase 2B and 2C.

    Phase 2A and 2B/C will be separated by a hydraulically-engineered flushing canal, and is designed to have space for public activities such as dragon boat racing, food festivals and new tourist and cultural attractions.

    To create a thriving local community on the island based on a live-work-play model, STP2’s proposed concept masterplan features components such as new waterfront promenade areas, park and ride facilities, leisure and cultural facilities, a waterfront square lined with F&B outlets as well as a network of green spaces. An international marina and yacht club are expected to augment the waterfront lifestyle proposition of STP2.

    The concept masterplan for STP2 includes public amenities such as schools, places of worship, police and fire station, and other infrastructure facilities.

    It is envisaged that STP2 will consist of a series of neighbourhoods which create a sustainable community for the full cross-section of Penang’s society, with approximately 12,000 new homes for all income groups, including affordable homes.


  14. I live at Seri Tanjung Pinang Phase One. How will STP2 affect my sea view?

    Residents of STP1 sea-fronting properties will continue to have a view of the sea but the view will be changed and enhanced. STP1 will still enjoy a waterfront and the view shed across the water may include the proposed new marina, the residential and commercial properties on STP2 and the bridges linking STP2 to the headland.


  15. How will this project contribute to Penang?

    STP2 aims to be an exemplar development. It will be created according to a holistic masterplan that takes its cue from highly-successful international seafront projects. Based on the proposed concept masterplan, STP2 will adopt urban design guidelines to create a living environment for Penang that:

    • Respects the heritage of Penang
    • Provides a high quality public realm
    • Provides an accessible waterfront
    • Creates an integrated transport system for walking and cycling
    • Creates an integrated mixed-use community
    • Creates a series of neighbourhoods
    • Encourages architectural diversity

  16. What will be built or developed on the Government Reserve land?

    The parcels of land marked as Government Reserve are those that TPD is legally obligated to surrender to the State Government under the Concession Agreement. As TPD does not have ownership of the Government Reserve land, the use of these parcels is at the discretion of the State Government and its authorities.


  17. What are some of the commercial components of this masterplanned project?

    Based on the proposed STP2 concept masterplan, the commercial components include retail, offices, serviced apartments, a tourism hub with seafront promenade, an international marina as well as a new commercial district combining loft and traditional office space alongside hotels and other commercial uses.


  18. Gross Development Value (GDV) of STP2A

    STP2A is expected to have a GDV of over RM17 billion, which will take over 15 years to complete, as stated in E&O’s announcement to Bursa Malaysia dated 30 March 2017.

    (http://www.bursamalaysia.com/market/listed-companies/company-announcements/5381569)


  19. Is STP2 freehold land?

    Under the Concession Agreement, the reclaimed land on STP2 is under a 99-year leasehold title.


  20. When can we expect the first housing project launch in STP2?

    Presently, we are focusing on the completion of STP2A reclamation works which is targeted for the second half of 2018.