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Central George Town is the city centre of George Town, the capital of the Malaysian state of Penang. It corresponds to the eponymous subdivision of George Town, which is mostly identical to the original city limits established when George Town was granted city status in 1957. [3] [4]
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]
The city centre of George Town in 2023, with Penang Hill in the background. George Town had benefitted from a real estate boom towards the end of the 20th century, but in 2001, the Rent Control Act was repealed, worsening the depopulation of the city's historical core and leaving colonial-era buildings in disrepair.
Within George Town, the Tun Dr Lim Chong Eu Expressway is a highway along the city's eastern coastline, connecting the city centre with the two bridges. [23] Federal Route 6 is a pan-island trunk road encircling the city, while the George Town Inner Ring Road is a major thoroughfare within the city centre. [24] [25]
The Light Waterfront is a residential neighbourhood within the city of George Town in the Malaysian state of Penang.Situated within the city centre, it encompasses the foreshore north of the Penang Bridge and is bounded by the Tun Dr Lim Chong Eu Expressway to its west.
George Town, the capital city of Penang, is the core city of the conurbation. The George Town Conurbation is the second largest metropolitan economy in Malaysia after the Klang Valley, with an estimated gross domestic product (GDP) of over US$30 billion in 2020.
George Town, the capital city of the state of Penang, is the second largest city in Malaysia and the economic centre of the country's northern region. The history of George Town began with its establishment by Captain Francis Light of the British East India Company in 1786.
Since its completion in 1961, People's Court has served as a major source of low-cost housing within George Town's central business district. [1] [4] [5] In spite of the continuing depopulation of the city centre, People's Court remains one of the few inhabited residential areas within the locality. [3]