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The Chartered Bank of India, Australia and China (known as Chartered Bank), a British bank established in 1853 was established in Penang in 1875. It is the oldest bank branch in Malaysia, [ 3 ] and was the leading bank in colonial Malaya, [ 4 ] later, in 1969, merging with Standard Bank to form Standard Chartered Bank .
The George Town Central Business District (CBD) is the financial and political centre of the city of George Town, the capital of the Malaysian state of Penang.The financial district, which was first envisioned by the Penang Island City Council's Local Plan 2030, lies entirely within the city centre, and is home to much of the city's banking and financial services. [1]
A terraced layout allows a row of shophouses to extend as long as a city block permits, as exemplified by this long row of shophouses in Singapore. All the shophouses are linked by a covered passageway called the five-foot way at the front. A shophouse is a building type serving both as a residence and a commercial business. [1]
City Residence is a mixed-use complex within George Town in the Malaysian state of Penang. Located at the suburb of Tanjong Tokong, the development consists of twin residential towers and a three-storey shopping mall named City Junction that forms the podium. Built by local developer Ivory Properties Group, each tower is designed as a low ...
Penang Plaza is a shopping mall within George Town in the Malaysian state of Penang. Located at Burmah Road within the city's Central Business District (CBD), the 10-storey 138,222 sq ft (12,841.2 m 2) retail complex was the city's first shopping mall. Completed in 1982, it comprises three retail floors, a seven-storey tower that accommodates ...
[3] [4] [5] Muze forms a residential component of the Penang International Commercial City (PICC) and is the first to be completed; the wider 43-acre (170,000 m 2) PICC, dubbed as Penang's answer to the KLCC, entails an integrated mixed-use precinct comprising residential, retail, commercial, hospitality and medical components.
Mansion One is a commercial skyscraper within George Town in the Malaysian state of Penang. Located at Northam Road within the city's Central Business District (CBD), this 30-storey building adjacent to Gleneagles Hospital Penang contains 277 suites and 110 hotel rooms.
Komtar houses the Office of the Chief Minister of Penang, as well as agencies of the Penang state government and the Penang Island City Council.. The city centre of George Town encompasses 19 km 2 (7.3 sq mi) of the northeastern plains of Penang Island, forming the basin of the Pinang River, the main river system on the island.