International banks like HSBC play a crucial role in supporting Penang’s growth, says Chief Minister Chow Kon Yeow.

Speaking at the HSBC Malaysia Anniversary Dinner to commemorate its 140th anniversary this year, Chow highlighted the bank’s significant contribution to the state’s development.

The event was held at the Penang Marriott Hotel in Gurney Drive.

He further mentioned the importance of HSBC in fostering trade and investment between Penang and the global market.

“At the same time, HSBC is catalysing strategic investments that support the progression of key industries and address the financial needs of consumers while also helping them to manage, protect and grow their wealth.

“Thus, we truly appreciate long-standing investors such as HSBC for their role in facilitating the state’s economic growth, and transformation. This is very much valued,” said Chow in his speech.

Chow also congratulated HSBC Malaysia on its 140th anniversary in the country.

“I would like to extend my warmest congratulations to HSBC for reaching this auspicious milestone.

“We especially take pride in the fact that Penang is HSBC’s birthplace in Malaysia.

“Since establishing its first office in the country here in Penang in 1884 in Beach Street, the bank has had significant success and has made numerous contributions to support the state and the country’s development and its people.

“Thus, we look forward to continuing to work with you to elevate Penang’s economy to greater heights,” said Chow.

Meanwhile, HSBC Malaysia Group manager and chief executive officer Datuk Omar Siddiq said HSBC, with its unparalleled international network, will always play a crucial role in bringing Malaysia to the wider world and the wider world to Malaysia.

“We are also keen to continue to support Penang in attracting investment for key industries to continue to help where we can.

“This also includes supporting numerous businesses in the state, ranging from multinational corporations to small and medium enterprises as well as individual clients,” said Omar.

Source: Buletin Mutiara

Marriott Executive Apartments, part of Marriott Bonvoy’s expansive global portfolio, has announced its grand debut in Penang with the opening of Marriott Executive Apartments Penang. Situated in the esteemed Gurney Drive area, this new development shares its location with the Penang Marriott Hotel and Marriott Residences Penang, combining premium long-stay accommodations with exceptional hotel services.

“We are thrilled to expand our footprint in Malaysia with the opening of Marriott Executive Apartments Penang, a brand entry in the country,” said Ramesh Jackson, Area Vice President, Indonesia & Malaysia, Marriott International. “Our goal is to provide guests with a home away from home, offering the perfect balance of privacy, comfort, and hospitality. It is designed to meet the diverse needs of today’s discerning travelers, whether they are here for business, leisure, or a bit of both.”

A Prime Location for Business and Leisure

Marriott Executive Apartments Penang is ideally positioned along the scenic Gurney coastline, offering stunning views of Gurney Bay and easy access to local attractions. Guests can enjoy upscale shopping at nearby Gurney Plaza and Gurney Paragon Mall, and food lovers will delight in the local cuisine at the famous Gurney Drive Hawker Centre. The UNESCO World Heritage Site of George Town is close by, offering historical sites, vibrant street art, and cultural landmarks. Nature enthusiasts will appreciate the short drive to Penang National Park, Penang Butterfly Farm, and Penang Hill.

Sophisticated Long-Stay Accommodations

The new Marriott Executive Apartments Penang features 90 tastefully designed suites, available in one-bedroom and two-bedroom configurations. Each suite is furnished with a fully functional kitchen, clothes washer and dryer, and a spacious living room. These amenities cater to the needs of business travelers, vacationers, and long-term guests, providing the comforts of home with the benefits of premium hotel services. Guests can also enjoy a 24-hour fitness center, an outdoor infinity pool, and a rejuvenating steam room, ensuring a balanced stay of work and relaxation.

Culinary Delights and Convenience

Guests at Marriott Executive Apartments Penang have direct access to a variety of dining options at the Penang Marriott Hotel. Italian cuisine is highlighted at Kucina, while Sago offers a mix of local and international dishes. For quick bites and energy boosts, Lava Java is the perfect spot, and the Greatroom bar and lounge provides a stylish setting for evening cocktails. La Siena, a versatile multi-function space, features an enticing selection of food and beverages.

Event Spaces for All Occasions

In addition to luxurious accommodations and dining, Marriott Executive Apartments Penang offers access to top-notch event spaces at the Penang Marriott Hotel. These include a grand pillarless ballroom and five flexible function rooms, all equipped with the latest technology to host a variety of events.

“We are excited to introduce the first Marriott Executive Apartments in Malaysia, and bring this new and unique offering to Penang,” said Subash Basrur, the Complex General Manager. “Whether for business or leisure, Marriott Executive Apartments Penang’s curated offerings ensure a harmonious blend of indulgence, relaxation, and invigoration for a promising stay. We look forward to welcoming guests with heartfelt service, culinary delights, and wellness amenities that create lasting memories.”

With long-term rates and Marriott Bonvoy affiliation, the Marriott Executive Apartments Penang promises an unparalleled hospitality experience where every moment is meticulously curated and every stay unforgettable.

Lumina Residence, a luxury residential development by Unicorn Solute Sdn. Bhd. (VST Group) in heart of George Town. Located on approximately 3.4 acres of land, located near the intersection of Lebuhraya Pykett and Jalan Westlands, directly across from the Penang Campus of Methodist College Kuala Lumpur (MCKL). The development is conveniently located within a 5-minute walking distance to Penang Plaza and less than a 5-minute drive from KOMTAR.

The proposed development will see the construction of a 44-storey condominium with an 8-level car parking podium. The project will comprise of two towers, with a total of 596 condominium units, and facilities will be located on levels 9 and 10.

Project Name : Lumina Residence
Location : George Town
Property Type : Condominium
Tenure : Freehold
Land Area: 3.38 acres
Built-up Area: (to be confirmed)
Total Units : 596
Indicative Price: (to be confirmed)
Developer : Unicorn Solute Sdn. Bhd. (VST Group)

DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider or party in question.

About Ideal Venice Residency

The second phase of PR1MA affordable housing development by Ideal Property Group at Island Glades. Strategically located near the intersection of Jalan Bukit Gambir and Jalan Lembah, next to Ideal Residency. It’s just a stone’s throw away from University Science Malaysia (USM), about 5 minutes drive to Penang Bridge.

This development comprises two blocks 46-storey residential towers, featuring 1,632 affordable housing units with six levels of car parking podiums.

Find out more about Ideal Venice Residency

Introducing 62 new units of 2-storey semi-detached homes by Wing Tai. Show units viewing by appointment!

Garden Villas is a prestigious residential enclaves designed for residents to truly experience the best of family living intertwined with nature. Developed on a 120-acre expanse of elevated land, residents will be greeted by a collection of landscaped gardens that encourage communal bonding.

This master-planned development features various parklands within walking distance which foster a sense of community living. The 2- storey Semi Detached homes boast a generous land size of 34ft x 88-90ft and built-up area of 2,660 sqft with 5+1 bedrooms + 1 spacious family hall ideally crafted for mid-sized and multi-generational families. The façade is aesthetically pleasing with practicality in mind, combining both modern sophistication and classical charm.

Garden Villas emphasizes the seamless interaction between indoor and outdoor spaces. Full-height windows and high ceilings create ease of natural light and ventilation. Surrounded by landscaped parks and lake gardens within short walking distance, it encourages residents to embrace an active lifestyle and quality time with family.

To find out more about Garden Villas and schedule for viewing, please contact Wing Tai at
04-5387788 / 012-4486599 or https://wa.link/4dk24r.