PETALING JAYA: Premier lifestyle property developer Eastern & Oriental Bhd (E&O) recently launched AVEA, the latest phase of its marina-edge serviced residences at Andaman Island, Penang, strengthening the township’s waterfront living proposition and offering homebuyers a contemporary lifestyle centred around con-nectivity, convenience and leisure by the sea.
With a GDV of RM1 billion, AVEA comprises a total of 1,080 fully furnished freehold serviced apartment units across two towers, with 540 units in each tower. Offering five versatile layouts ranging from 678 sq ft to 1,076 sq ft, the development is designed to cater to the evolving needs of modern homeowners and investors, combining convenience, connectivity and long-term value within Andaman Island’s vibrant waterfront community.
AVEA marks Andaman’s second marina-edge residence following the successful launch of Maris in December 2024.
In a statement, E&O said the development presents a contemporary interpretation of marine-front living through practical and well-designed homes that embrace the island’s unique waterfront setting while supporting a lifestyle centred around connectivity, community and everyday convenience.
Following the encouraging response to the private viewing of Tower A in early 2026, which has achieved a take-up rate of 65%, E&O is introducing Tower B to meet continued interest in AVEA’s marina-edge living proposition and support the next phase of growth within Andaman Island.
As part of E&O’s vision to create Malaysia’s most liveable curated island, AVEA strengthens Andaman’s evolving waterfront ecosystem by offering residents seamless access to the promenade, lifestyle amenities and future retail offerings within a connected waterfront community.
The development is complemented by a waterfront promenade featuring 10 commercial shoplots, cafés and communal spaces that will introduce a curated mix of retail, dining and lifestyle experiences. Set against the picturesque backdrop of the sea and future marina, the promenade is envisioned as a vibrant destination where residents and visitors can gather, unwind and connect.
Designed as a modern and stylish serviced residence, the company said that AVEA offers an effortless move-in experience through fully furnished homes equipped for immediate occupancy. Each residence is carefully planned to maximise natural light and cross ventilation, while private balconies and expansive views across Penang Island further enhance the living experience.
AVEA has received the GreenRE Platinum Provisional Certification, reaffirming E&O’s commitment to environmentally responsible design and sustainable living. The certification reflects thoughtful considerations in energy efficiency, environmental performance and resident wellbeing, aligned with E&O’s broader vision of creating future-ready communities.
Eastern & Oriental Bhd managing director Kok Tuck Cheong said, “Andaman is a long-term vision to create Malaysia’s most liveable curated island — a connected waterfront destination where people can live, work, play, learn and sail within a vibrant and sustainable community. Every component within the township is intentionally planned to contribute towards a highly liveable and connected environment. AVEA represents another important milestone in that journey. As our second marina-edge residence, it strengthens Andaman’s waterfront living proposition through thoughtfully designed homes, lifestyle offerings and community spaces that bring residents closer to the sea and the experiences that define island living.”
Beyond its residential offerings, E&O continues to progress future retail, commercial and lifestyle components across Andaman to further enhance the township’s live-work-play ecosystem.
Together with the waterfront promenade, future marina and public spaces, these developments will contribute towards creating a vibrant destination where residents, visitors and businesses can thrive within a connected and sustainable environment.
Positioned within the Andaman township, AVEA reinforces E&O’s commitment to sustainable placemaking and creating thriving waterfront communities that blend urban vibrancy with the tranquillity of coastal living.
