The Lume by E&O, Penang
Exclusive Freehold Residences at Andaman Island’s
Premier Waterfront Address
The Lume Andaman Island
Key Property Information
From RM 2.52M / £464K / $623K USD
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The Lume is a freehold luxury residential development by E&O located within the Shoreline district of Andaman Island, Penang.
The development comprises 261 exclusive residences, with large-format 3 and 4-bedroom layouts ranging from 1,722 to 2,874 sq ft. Designed around privacy, wellbeing and coastal living, The Lume combines contemporary architecture with resort-inspired facilities and landscaped surroundings.
As part of E&O’s landmark Andaman Island masterplan, residents benefit from a waterfront lifestyle while remaining close to George Town, Gurney Drive and Penang’s established lifestyle amenities.
Completion is scheduled for Q1 2029.
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The Lume offers spacious 3 and 4-bedroom residences designed for owner-occupiers, families and long-term residents seeking larger living spaces.
Unit types include:
Type A (3-Bedroom): approx. 1,722 sq ft (160 sqm)
Type B (3-Bedroom + Study): approx. 2,164 sq ft (201 sqm)
Type C (4-Bedroom): approx. 2,476 sq ft (230 sqm)
Type D (4-Bedroom): approx. 2,874 sq ft (267 sqm)
Current pricing starts from approximately RM2.52M, with premium sea-facing residences available at higher price points depending on layout, floor level and outlook.
All residences are delivered with premium specifications including kitchen cabinetry, built-in appliances, wardrobes and air-conditioning.
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The Lume is located within the Shoreline district of Andaman Island, Penang, E&O’s landmark waterfront master-planned community.
Positioned along Penang’s northeast coastline, residents enjoy convenient access to George Town, Gurney Drive, Seri Tanjung Pinang and the island’s major lifestyle, retail and business districts.
Approximate travel times:
Gurney Drive & Gurney Plaza: approx. 10 minutes
George Town UNESCO Heritage Zone: approx. 15 minutes
Seri Tanjung Pinang: approx. 5 minutes
Batu Ferringhi: approx. 20 minutes
Penang International Airport: approx. 30–40 minutes
The wider Andaman masterplan has been designed around connectivity, sustainability, community and quality of life, creating one of Penang’s most ambitious waterfront residential destinations.
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The Lume has been designed as a lifestyle-focused residential development, with facilities supporting wellness, recreation, social interaction and family living.
Outdoor Facilities:
Swimming Pool
Family Pool
Wading Pool
Spa Pool
Jacuzzi
Pool Deck
Water Maze
Play Park
Grove Pavilion
Landscaped Lawns
Terraces
Indoor Facilities:
Gymnasium
Sauna
Co-Working Space
Function Room
Event Space
Meeting Room
Changing Rooms
Management Office
Sports & Recreation:
Basketball Court
Badminton Court
Facilities are integrated within the development’s active podium levels, creating spaces designed for relaxation, wellness and community engagement within the wider Andaman Island waterfront environment.
A Sanctuary of Quiet Luxury
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Buyer Information
Rental Yields
The Lume is designed primarily for the owner-occupier and premium long-term rental market rather than short-term holiday accommodation.
Its large unit sizes, waterfront setting and location within Andaman Island are likely to appeal to expatriate families, senior professionals and high-net-worth residents seeking modern coastal living in Penang.
Capital Growth & Exit Potential
The Lume forms part of E&O’s Andaman Island masterplan, a large-scale waterfront district being developed along Penang’s northern coastline. With only 261 residences and unit sizes ranging from 1,722 sq ft to 2,874 sq ft, it targets a segment of the market where new large-format freehold condominiums remain relatively limited.
E&O’s track record at Seri Tanjung Pinang and the continued transformation of the Andaman waterfront support long-term buyer demand from both local and international purchasers.
Foreign Ownership
The Lume is a freehold development and is available to eligible foreign purchasers, subject to Penang state minimum purchase price requirements in force at the time of transaction.
Foreign owners may hold the property in their own name and are permitted to occupy, lease or subsequently resell the unit in accordance with Malaysian property regulations.
Legal Support
All purchases are completed through licensed Malaysian solicitors, who manage the Sale & Purchase Agreement, developer documentation, state consent requirements where applicable, stamp duty calculations and completion process.
We can also introduce buyers to independent legal professionals experienced in assisting overseas purchasers in Penang.
Part of Penang’s Most Ambitious Waterfront Masterplan
The Lume is located within Shoreline, the residential waterfront district of Andaman Island. Designed as part of a multi-phase masterplan, residents benefit from access to future retail, lifestyle and community amenities alongside extensive green spaces and waterfront promenades.
Positioned between George Town and Gurney Drive, the development combines urban convenience with a setting more commonly associated with resort destinations. Elevated residences, sea views and generous layouts create a distinctly different proposition from the typical city-centre condominium.
Own at The Lume, Andaman Island
Speak to our team about available units, pricing, and in-person or virtual viewing tours.
Buying Property at The Lume: FAQs
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The Lume offers spacious 3-bedroom and 4-bedroom residences designed for owner-occupiers and families. Available layouts range from approximately 2,164 sq ft to 2,872 sq ft, with selected units benefiting from sea, city or Andaman Island views.
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Current pricing starts from approximately RM2.52 million for selected 3-bedroom residences. Pricing varies based on unit type, floor level, aspect and availability. Contact us for the latest inventory and promotions.
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The Lume is expected to be completed in January 2029. As with all off-plan developments, construction timelines are subject to change. Contact us for the latest construction updates and available unit inventory.
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Yes. Foreign buyers are eligible to purchase residences at The Lume, subject to Penang state minimum purchase price requirements in force at the time of transaction.
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Yes. The Lume is a freehold development, allowing eligible purchasers long-term ownership with the ability to lease, occupy or resell the property in accordance with Malaysian regulations.
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The Lume is located within the Shoreline district of Andaman Island, Penang’s landmark waterfront masterplan. The development sits close to George Town, Gurney Drive and key lifestyle destinations while offering a more private coastal setting.
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Facilities include an infinity swimming pool, wading pool, gymnasium, function room, co-working spaces, children’s play areas, landscaped gardens, rooftop leisure spaces, BBQ areas, sauna, meeting rooms and wellness-focused communal facilities.
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The Lume forms part of the wider Andaman Island waterfront masterplan, combining freehold ownership, larger residential layouts, resort-style facilities and access to one of Penang’s most ambitious mixed-use waterfront communities.
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Yes. We can arrange virtual consultations, video walkthroughs and in-person viewings for eligible buyers visiting Penang.
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Contact Alestria to request the latest price lists, floor plans, availability updates and buyer information pack for The Lume. We can also assist with viewing arrangements and introductions to licensed Malaysian legal professionals.
Still have questions?
Reach out to our team at info@alestriaproperty.com or complete the form to request a brochure, enquire about viewing tours, or ask us a general question. No hard sell, no obligation.