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George Town Central Business District, Penang

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Between the 1870s and the 1890s, land reclamation was carried out to provide more land for mercantile trade, eventually pushing out George Town's eastern coastline. Following the reclamation, Beach Street no longer served as a coastal road, causing many trading firms to relocate to the newly created
490:. The commercial skyscrapers along this road quickly attracted various banking, auditing and other ancillary services, as the newer buildings offer more space and amenities that the colonial-era buildings at Beach Street lacked. By the early 2000s, Northam Road and the adjacent 593:
are the two major entry points within the CBD, facilitating ease of access for tourists. The ongoing refurbishment of shophouses and alleys throughout downtown George Town has contributed to the growth of the area's retail centres and
501:, the local government that administers George Town, released a draft of its Local Plan 2030, which formally proposed the CBD as one of the economic corridors within the city. Covering a significant portion of 467:) became the first international bank to establish a branch at Beach Street. Several other banks and mercantile firms followed suit, such as the Hongkong and Shanghai Banking Corporation (now 617: 1275: 486:
In the 1990s, as the city's banks began reassessing their spatial requirements to accommodate greater business volumes, a number of commercial developments commenced along
198: 451:, and has been the mercantile and financial hub of the city since its early days. During the 19th century, the street was located adjacent to the old 1638: 1576: 1096: 1052: 551:
Much of George Town's financial, services and retail activities are concentrated within the CBD, home to several international banks including
1373: 532:, the CBD was envisioned as the hub for financial and service sectors, with the aim of bolstering George Town's standing as a global city. 460: 1395: 1479: 417: 248: 348: 2435: 1689: 1660: 455:; European traders and merchants were concentrated around its northern end, near the piers and administrative institutions at 1696: 1537: 2114: 1421: 1324: 2461: 1507: 572: 1571: 1559: 1357: 1308: 1239: 1214: 1104: 1091:
are located. The Chief Minister's Office, along with state government agencies and departments, are situated within
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Modern Dreams: An Inquiry Into Power, Cultural Production and the Cityscape in Contemporary Urban Penang, Malaysia
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Locations of international firms and other major facilities within the CBD, outlined in red.
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Tourism plays a significant role in the economy of the downtown area due to the
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Penang: An Inside Guide to Its Historic Homes, Buildings, Monuments and Parks
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A Guide to George Town's Historic Commercial and Civic Precincts
598:. Among the well-known healthcare facilities within the CBD are 1891: 1483: 1202: 1092: 1084: 1071: 579: 510: 421: 290: 261: 157: 1325:"Penang's new financial hub - Business News | The Star Online" 2199: 1843: 1173:"Draf Rancangan Tempatan Pulau Pinang (Pulau) 2030 Jilid 1". 1128: 1120: 1083:
The CBD also functions as the political centre of the entire
1027: 973: 424:. The financial district, which was first envisioned by the 1396:"Penang unveils island's draft local plan after long delay" 883: 739: 556: 505:'s northeastern promontory up to the northern banks of the 468: 58: 1374:"Penang DAP rep: Put all projects in Gurney Drive on hold" 567:. The CBD also houses federal financial institutions like 16:
Central business district of George Town, Penang, Malaysia
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eastern side of the road, which was closer to the port.
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is the financial and political centre of the city of
1422:"George Town marks UNESCO anniversary amid debate" 1264:. Penang: George Town World Heritage Incorporated. 1194: 683: 2448: 857: 1459: 667: 428:'s Local Plan 2030, lies entirely within the 25:Central business district in Penang, Malaysia 983: 475:, and the Oversea-Chinese Bank Limited (now 461:Chartered Bank of India, Australia and China 651: 410:George Town Central Business District (CBD) 1466: 1452: 1019: 785: 1419: 965: 349:Historic Cities of the Straits of Malacca 1473: 1393: 1061: 585:'s popularity as a tourist destination. 534: 1229: 1115:'s headquarters is also located at the 1111:is the highest court in the state. The 699: 635: 2449: 1234:. Kuala Lumpur: MPH Group Publishing. 1001: 715: 1447: 1298: 1255: 1253: 1251: 1097:the tallest skyscraper in George Town 803: 749: 509:, including areas such as the city's 494:emerged as a new financial precinct. 32:George Town Central Business District 2404: 1192: 1188: 1186: 1168: 1166: 1164: 1347: 1259: 13: 1639:Tallest skyscrapers in George Town 1317: 1248: 893: 14: 2473: 1366: 1292: 1223: 1183: 1161: 2424: 2423: 2413: 2403: 2113: 1733: 1474: 1420:Ferrarese, Marco (24 Jun 2018). 1018: 1000: 982: 964: 946: 929: 928: 910: 892: 874: 856: 838: 821: 820: 802: 784: 766: 748: 730: 714: 698: 682: 666: 650: 634: 616: 447:is one of the oldest streets in 273: 254: 234: 127: 120: 109: 98: 91: 80: 1413: 1387: 1135:- are situated within the CBD. 911: 497:It was not unitl 2022 when the 151:Colonial-era bank buildings at 60:Koridor George Town–Pulau Tikus 1341: 1268: 1197:Streets of George Town, Penang 1101:Penang State Assembly Building 1: 1394:McIntyre, Ian (20 Oct 2022). 1193:Khoo, Salma Nasution (2007). 1155: 1078: 539:Commercial skyscrapers along 439: 875: 767: 731: 7: 2134:Seberang Perai City Council 1138: 947: 839: 591:Raja Tun Uda Ferry Terminal 473:Netherlands Trading Society 175:Raja Tun Uda Ferry Terminal 47:Other transcription(s) 21:Central George Town, Penang 10: 2478: 2462:Central business districts 1754:Penang Island City Council 1303:. Editions Didier Millet. 1301:Penang 500 Early Postcards 1176:Penang Island City Council 1150:Greater Penang Conurbation 1113:Penang Island City Council 604:Gleneagles Hospital Penang 546: 499:Penang Island City Council 426:Penang Island City Council 330:UNESCO World Heritage Site 18: 2399: 2365: 2344: 2316:Machang Bubok New Village 2308: 2230: 2140: 2126: 2112: 2087: 2036: 2005: 1877: 1760: 1746: 1732: 1714: 1705: 1626: 1500: 1490: 691:Penang Adventist Hospital 600:Penang Adventist Hospital 402: 394: 386: 374: 364: 354: 336: 327: 323: 313: 301: 284: 267: 247: 229: 194: 190: 163:Skyline as seen from the 73: 51: 46: 40:Central business district 37: 30: 1299:Cheah, Jin Seng (2013). 1105:Penang state legislature 573:Employees Provident Fund 1724:George Town Conurbation 1230:Hockton, Keith (2012). 1103:is where the 40-member 1089:Penang state government 1074:'s hierarchy of courts. 866:China Construction Bank 295:Malaysian Standard Time 140:From top, left to right 2378:Central Seberang Perai 1690:Streets in George Town 1348:Goh, Beng Lan (2002). 1075: 543: 214:5.414472°N 100.32889°E 59: 1937:Macallum Street Ghaut 1565:Deputy Chief Minister 1352:. SEAP Publications. 1065: 675:Loh Guan Lye Hospital 538: 416:, the capital of the 360:Cultural: ii, iii, iv 2383:South Seberang Perai 2373:North Seberang Perai 2023:Permatang Damar Laut 1892:Bandar Baru Air Itam 1802:Downtown George Town 1107:convenes, while the 1053:class=notpageimage| 992:Indonesian Consulate 434:Downtown George Town 2457:George Town, Penang 2436:Tourist attractions 1697:Tourist attractions 1145:Central George Town 1070:sits at the top of 659:Gleneagles Hospital 583:World Heritage Site 514:World Heritage Site 219:5.414472; 100.32889 210: /  1329:www.thestar.com.my 1280:www.thestar.com.my 1076: 1028:Japanese Consulate 794:Standard Chartered 553:Standard Chartered 544: 465:Standard Chartered 179:Skyscrapers along 2444: 2443: 2395: 2394: 2391: 2390: 2108: 2107: 2013:Kampung Buah Pala 1987:Taman Free School 1897:Bandar Sri Pinang 1260:Langdon, Marcus. 1109:Penang High Court 1068:Penang High Court 974:Chinese Consulate 406: 405: 2469: 2427: 2426: 2417: 2407: 2406: 2336:Permatang Tinggi 2331:Permatang Rambai 2124: 2123: 2117: 1992:Taman Tun Sardon 1744: 1743: 1737: 1712: 1711: 1478: 1468: 1461: 1454: 1445: 1444: 1439: 1438: 1436: 1434: 1417: 1411: 1410: 1408: 1406: 1391: 1385: 1384: 1382: 1381: 1370: 1364: 1363: 1345: 1339: 1338: 1336: 1335: 1321: 1315: 1314: 1296: 1290: 1289: 1287: 1286: 1272: 1266: 1265: 1257: 1246: 1245: 1227: 1221: 1220: 1200: 1190: 1181: 1180: 1170: 1022: 1021: 1004: 1003: 986: 985: 968: 967: 950: 949: 932: 931: 914: 913: 896: 895: 878: 877: 860: 859: 842: 841: 824: 823: 806: 805: 788: 787: 770: 769: 752: 751: 734: 733: 718: 717: 702: 701: 686: 685: 670: 669: 654: 653: 638: 637: 620: 395:Buffer zone 277: 260: 258: 257: 240: 238: 237: 225: 224: 222: 221: 220: 215: 211: 208: 207: 206: 203: 131: 124: 113: 102: 95: 84: 69: 62: 28: 27: 2477: 2476: 2472: 2471: 2470: 2468: 2467: 2466: 2447: 2446: 2445: 2440: 2387: 2361: 2340: 2326:Permatang Pasir 2304: 2232: 2226: 2222:Teluk Air Tawar 2142: 2136: 2128: 2104: 2083: 2032: 2018:Kampung Seronok 2001: 1879: 1873: 1762: 1756: 1748: 1728: 1716: 1707: 1701: 1678:List of schools 1622: 1496: 1486: 1472: 1442: 1432: 1430: 1418: 1414: 1404: 1402: 1392: 1388: 1379: 1377: 1372: 1371: 1367: 1360: 1346: 1342: 1333: 1331: 1323: 1322: 1318: 1311: 1297: 1293: 1284: 1282: 1274: 1273: 1269: 1258: 1249: 1242: 1228: 1224: 1217: 1209:: Areca Books. 1191: 1184: 1172: 1171: 1162: 1158: 1141: 1085:State of Penang 1081: 1060: 1059: 1058: 1057: 1055: 1049: 1048: 1047: 1046: 1042: 1040: 1033: 1032: 1031: 1023: 1015: 1014: 1013: 1005: 997: 996: 995: 987: 979: 978: 977: 969: 961: 960: 959: 951: 943: 942: 941: 933: 925: 924: 923: 915: 907: 906: 905: 897: 889: 888: 887: 879: 871: 870: 869: 861: 853: 852: 851: 843: 835: 834: 833: 825: 817: 816: 815: 807: 799: 798: 797: 789: 781: 780: 779: 771: 763: 762: 761: 753: 745: 744: 743: 735: 727: 726: 725: 719: 711: 710: 709: 707:Island Hospital 703: 695: 694: 693: 687: 679: 678: 677: 671: 663: 662: 661: 655: 647: 646: 645: 643:Swettenham Pier 639: 631: 630: 629: 608:Island Hospital 596:medical tourism 587:Swettenham Pier 549: 459:. 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Index

Central George Town, Penang
Central business district
Malay
Rumi






Gurney Drive
Beach Street
Komtar
Penang Strait
ferry
Raja Tun Uda Ferry Terminal
Northam Road
5°24′52.1″N 100°19′44″E / 5.414472°N 100.32889°E / 5.414472; 100.32889
Malaysia
State
Penang
City

George Town
Time zone
UTC+8
Malaysian Standard Time
Postcode
Area codes
UNESCO World Heritage Site

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