Penang State Housing Board has issued a Request for Proposal (RFP) for the development of a mixed-use riverfront project on a parcel of state-owned land in Butterworth. The site, measuring over 13 acres, is located adjacent to the Perai River and in close proximity to Penang Sentral. This RFP seeks proposals that incorporate a combination of residential, commercial, and public spaces in alignment with applicable planning regulations and long-term development objectives for the area.

The registration of interest for the RFP commenced on 4 April 2025 and will remain open until 25 April 2025, closing at 12:00 noon. Only parties that register within this specified timeframe will be eligible to participate in the RFP process. Late registrations will not be considered.

A mandatory briefing session and site visit have been scheduled for 5 May 2025. Attendance at both the briefing and the site visit is compulsory. These sessions are intended to provide prospective participants with essential information regarding the project scope, site conditions, and submission requirements. Companies that do not attend both components will be disqualified from participating further in the RFP.

RFP documents will be made available starting 5 May 2025 and can be collected from Kaunter LPNPP, located on Level 3 of Kompleks Tun Abdul Razak (KOMTAR) in George Town. All proposals must be submitted by 12:00 noon on 5 August 2025. Submissions received after this deadline will not be considered.

Eligibility for this RFP is restricted to companies that are fully Malaysian-owned. In addition to fulfilling the ownership requirement, companies must also complete the registration of interest and attend the mandatory briefing and site visit in order to qualify. Failure to comply with any of these conditions will result in automatic disqualification from the RFP process.