Native name |
|
---|---|
Owner | George Town |
Maintained by | Penang Island City Council |
Location | George Town |
Postal code | 10300 |
Coordinates | 5°25′06″N100°20′35″E / 5.41827°N 100.343144°E |
North end | Light Street |
South end | Prangin Road |
Construction | |
Inauguration | 1786 |
LEBUH PANTAI Beach St10300 P. PINANG | |
Type | Cultural |
Criteria | ii, iii, iv |
Designated | 2008 (32nd session) |
Part of | George Town UNESCO Core Zone |
Reference no. | 1223 |
Region | Asia-Pacific |
Beach Street is a major thoroughfare in George Town within the Malaysian state of Penang. Part of the city's central business district, it is also one of the oldest streets in Penang, having been created soon after the founding of the state by Captain Francis Light in 1786. [1]
The concentration of Malaysian and international banks around Beach Street has made George Town the financial hub within northern Malaysia. [2] In addition, Beach Street is within the UNESCO World Heritage Site, thanks to the colonial architecture of the bank headquarters and other commercial buildings along the street. Administrative buildings built by the British also once stood along Beach Street; however, these buildings were destroyed during World War II. [3]
Beach Street was so named as it was once a coastal road, stretching along the eastern shoreline of George Town. [1] Today, the shoreline has been shifted further east due to the land reclamation in the late 19th century; Weld Quay has since become the eastern coastal road in George Town. [3] [4]
Beach Street was created between 1786 and 1787, making it one of the oldest roads in Penang, along with the adjoining Light Street. [1] [4] Thus, it has over 200 years of history, predating many cities and towns in Malaysia and Singapore.
Since its creation, Beach Street has always served as the commercial and financial heart of George Town. The Port of Penang was situated at Beach Street at the time, so European traders and merchants were concentrated around the northern end of the road, near the piers and the administrative institutions at Light Street. [2] In its early days, the bulk of the trade came from the visiting British East India Company vessels that were travelling between Britain and China, as well as traders from the region, such as China, India and the Malay archipelago. [3]
In 1875, the Chartered Bank of India, Australia and China (now Standard Chartered) became the first international bank to set up a branch at Beach Street, and by extension, George Town. [1] [2] It was the bank's second branch in British Malaya, after the Singapore branch that had been established in 1859. In the years that followed, several other banks and mercantile firms also set up their branches along Beach Street, such as the Hongkong and Shanghai Banking Corporation (now HSBC), the Netherlands Trading Society and the Oversea-Chinese Bank Limited (now OCBC). [3]
These developments led to a number of improvements in the infrastructure along Beach Street. For example, petroleum-powered lamps were first installed at Beach Street on a trial basis in the 1870s. [2] Street lighting was then gradually installed throughout George Town over the next four decades. In 1894, a short section of Beach Street between Union and Bishop Streets became the first to be tarred.
In order to accommodate more businesses and provide more land for the entrepôt trade, land reclamation was carried out between the 1870s and the 1890s, eventually pushing out George Town's eastern coastline. [3] [4] Since then, Beach Street no longer served as the coastal road, while many mercantile firms relocated to the newly created eastern side of the road, which was closer to the Port of Penang. [3]
At the newly reclaimed eastern side of Beach Street, the Straits Settlements authorities built the U-shaped Government Offices between 1884 and 1909. [1] [3] This extensive complex became the administrative heart of Penang, housing the offices of the Governor of Penang, the Resident Councillor and the Solicitor-General, the Land Office and the Public Works Department, among others. The building was mostly destroyed during World War II; the sole surviving portion of the Government Offices now houses the Penang Islamic Department.
The Bund is a waterfront area and a protected historical district in central Shanghai. The area centers on a section of Zhongshan Road within the former Shanghai International Settlement, which runs along the western bank of the Huangpu River in the eastern part of Huangpu. The area along the river faces the modern skyscrapers of Lujiazui in Pudong. The Bund usually refers to the buildings and wharves on this section of the road, as well as some adjacent areas. This region has a significant European influence, with the style of many structures most comparable to that of European cities, particularly Gothic, Baroque, Neoclassical, Romanesque, Art Deco, and Renaissance architecture. Additionally, some of the city's top eateries are located there. From the 1860s to the 1930s, it was the rich and powerful center of the foreign establishment in Shanghai, operating as a legally protected treaty port.
Raffles Place is the centre of the Financial District of Singapore and is located south of the mouth of the Singapore River. It was first planned and developed in the 1820s as Commercial Square to serve as the hub of the commercial zone of Singapore in Raffles Town Plan. It was renamed Raffles Place in 1858 and is now the site of a number of major banks. It is located in the Downtown Core within the Central Area, and features some of the tallest buildings and landmarks of the country.
The Mercantile Bank of India, London and China, later Mercantile Bank Ltd, was an Anglo-Indian bank with business focus in the Far East. It was founded in Bombay in 1853 as the Mercantile Bank of Bombay; and later in 1857 was renamed to Mercantile Bank of India, London, and China with London as its headquarters.
The Ho Hong Bank (1917–1932) was a Malayan bank, established to provide banking services that, until 1912, were solely delivered by European banks. The bank was founded in 1917 and in 1932 merged with two other banks in Singapore to form the Oversea-Chinese Banking Corporation.
The architecture of Penang reflects the 171 years of British presence on the island, coalescing with local, Chinese, Indian, Islamic and other elements to create a unique and distinctive brand of architecture. Along with Malacca, Penang is an architectural gem of Malaysia and Southeast Asia. Unlike Singapore, also a Straits Settlement, where many heritage buildings had to make way for modern skyscrapers and high-rise apartments due to rapid development and acute land scarcity, Penang's architectural heritage has enjoyed a better fate. Penang has one of the largest collections of pre-war buildings in Southeast Asia. This is for the most part due to the Rent Control Act which froze house rental prices for decades, making redevelopment unprofitable. With the repeal of this act in 2000 however, property prices skyrocketed and development has begun to encroach upon these buildings, many of which are in a regrettable state of disrepair. The government in recent years has allocated more funding to finance the restoration of a number of derelict heritage buildings, most notably Suffolk House, City Hall and historic buildings in the old commercial district.
Gurney Drive is a popular seafront promenade within the city of George Town in the Malaysian state of Penang. The road is also famous for the street cuisine at the seafront's hawker centre and has been listed as one of the 25 best streets worldwide to visit by the Australian travel magazine, The Traveler. In addition, Gurney Drive has become part of George Town's Central Business District due to the mushrooming of commercial properties and shopping malls.
The India House is a historical building in George Town within the Malaysian state of Penang. It is located at Beach Street, within the city's Central Business District.
The Penang High Court, founded in 1808, is the birthplace of Malaysia's judiciary system. It is housed inside a Palladian-style building at Light Street, George Town, Penang. To this day, the High Court sits at the top of Penang's hierarchy of courts.
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. The term CBD is often used interchangeably with Downtown George Town, encompassing both the historic core and modern sections of the city centre.
Northam Road is a major thoroughfare along the northern coast of the city of George Town in the Malaysian state of Penang. It continues on from Gurney Drive towards Farquhar Street to the east. Since the 1990s, Northam Road has been part of the city's Central Business District, and along with Gurney Drive, it has seen a significant increase in financial activity.
Weld Quay is a coastal road in the city of George Town within the Malaysian state of Penang. One of a handful of places worldwide that was named after a Prime Minister of New Zealand, the road runs along the city's eastern shoreline, connecting the Tun Dr. Lim Chong Eu Expressway with Light Street and Beach Street.
Leith Street is a narrow road within the UNESCO World Heritage Site of the city of George Town within the Malaysian state of Penang. Once known as an enclave for rich Hakka tycoons, it is home to the famous Cheong Fatt Tze Mansion.
Downing Street is a minor side street in the city of George Town within the Malaysian state of Penang. It is one of the few places worldwide that share an identical name with London's famous Downing Street, where the official residence of the British prime minister is located.
Mansion One is a commercial skyscraper within George Town in the Malaysian state of Penang. Located at Northam Road within the city's Central Business District (CBD), this 30-storey building adjacent to Gleneagles Hospital Penang contains 277 suites and 110 hotel rooms.
MBf Tower is a commercial skyscraper within George Town in the Malaysian state of Penang. Located at Northam Road within the city's Central Business District (CBD), the 31-storey building, completed in 1994, is one of the oldest skyscrapers along the coastal street.
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. Founded as a free port, George Town became the first British settlement in Southeast Asia and prospered in the 19th century as one of the vital British entrepôts within the region. It briefly became the capital of the Straits Settlements, a British crown colony which also consisted of Singapore and Malacca.
The Standard Chartered Bank building is a historical building in George Town within the Malaysian state of Penang. Completed in 1930, the office building, situated at Beach Street within the city's Central Business District (CBD), was one of the tallest in the city at that time. It served as the Penang branch of Standard Chartered until 2017, after which the bank relocated to its new premise down the street. The building has since been reopened as Spaces Beach Street, one of IWG's coworking spaces in Malaysia.
The Bank of China Building is a historical building in George Town within the Malaysian state of Penang. Completed in 1905, the office building, situated at Beach Street within the city's Central Business District (CBD), originally served as the offices of the Netherlands Trading Society (NTS). Following a series of acquisitions, the building changed ownership multiple times. It was acquired by Algemene Bank Nederland, then by ABN AMRO and the Royal Bank of Scotland. Eventually, it was sold to the Bank of China, which relocated its Penang branch to the building in 2017.
The OCBC Building is a historical building in George Town within the Malaysian state of Penang. Completed in 1938, the office building, situated at Beach Street within the city's Central Business District (CBD), forms part of the Penang branch of the OCBC Bank.
The HSBC Building is a historical building in George Town within the Malaysian state of Penang. Opened in 1951, the office building, situated at Downing Street within the city's Central Business District (CBD), houses the Penang branch of HSBC.