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George Town is the capital of the Malaysian state of Penang.It is the core city of the George Town Conurbation, Malaysia's second largest metropolitan area with a population of 2.84 million and the second largest metropolitan economy in the country.
The Port of Penang serves as the main harbour for northwestern Malaysia and southern Thailand. [46] In 2023, it handled more than 1.4 million TEUs of cargo, the third highest of all Malaysian ports. [47] Swettenham Pier, located within downtown George Town, accommodates cruise ships and is one of the main entry points into the city.
ECA International: Cost of Living Survey 2016 Archived 2017-06-10 at the Wayback Machine, Kuala Lumpur ranked 197th out of 262 global cities ECA International : Cost of Living Survey 2017 , Kuala Lumpur , George Town and Johor Bahru ranked 212th, 245th and 250th out of 262 global cities respectively
Penang is Malaysia's second most urbanised state, with an urbanisation level of 92.5%. [4] Residents of Penang are colloquially known as Penangites or "Penang-lang". [235] 54% of Penang's population resided in Seberang Perai, Malaysia's third largest city, while George Town was home to the remaining 46%. [236]
Launched in 1995 at a cost of RM200 million, Island 88, formerly known as Island Plaza, was once considered the most luxurious retail complex in Penang. [ 19 ] [ 20 ] [ 21 ] Due to the emergence of other retail centres throughout the city and lengthy renovations, the mall faced a period of decline, before being acquired by Hong Kong–based ...
Built in 1961, the People's Court was the first low-cost public housing scheme in Malaysia. [29] Political tensions between the George Town City Council and the Penang state government escalated in 1963, when former Mayor D. S. Ramanathan accused the city administration of mismanagement.
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]
However, Singapore's expulsion from Malaysia almost two years later left George Town once again as the sole city in Malaysia until 1974 when Kuala Lumpur was granted city status. The merger of the George Town City Council with the Penang Island Rural District Council in 1974 sparked a debate over George Town's city status that lasted for decades.