Penang’s new financial hub


JALAN Sultan Ahmad Shah, popularly known as “the millionaire’s row”, has since the mid-90s emerged successfully as the alternative prime financial district on the island, overshadowing Beach Street, the oldest commercial hub of Penang.  

Many of the country’s well-known foreign and local banks are now located on this famous road, where local millionaires such as the late Lim Lean Teng, Yap Chor Ee, and Tan Sri Loh Boon Siew built their mansions and resided.  

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Trump hikes US global tariff rate to 15%
The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer

Others Also Read