Penang Gateway

15 Feb 2022 • 8:15 AM MYT
Penang Property Talk
Penang Property Talk

All you need to know for your property investment journey in Penang

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Penang Gateway, an upcoming mixed-development by Rackson Group at Bayan Lepas. Strategically located just across Jalan Sultan Azlan Shah from Penang International Airport, it is expected to generate RM1.5 billion in gross development value (GDV). A link bridge will connect it to the proposed Light Rail Transit (LRT) station at Penang International Airport and the airport’s future development.

Phase 1 of this development will see the construction of Le Meridien hotel, and work is set to start in the middle of this year. Future development includes serviced suites, office tower, wellness apartments, medical suites, and a wellness centre.

Project Name : Penang Gateway
Location : Bayan Lepas
Property Type : Mixed development
Total Units: (to be confirmed)
Built-up Area: (to be confirmed)
Indicative Price: (to be confirmed)
Developer : Rackson Group

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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.