George Town CBD, Penang

The George Town CBD is the central business district within George Town, the capital city of the state of Penang in Malaysia. As the term implies, the CBD contains the highest concentration of financial and banking services within George Town, serving as the city's financial heart.

Traditionally, Beach Street has been regarded as the central business district of George Town. One of the first streets to be created in Penang, Beach Street was where several international banks built their branches in the late 19th century. To this day, many of the banks remain along the street. In addition, within the vicinity of Beach Street, governmental buildings were constructed, making the area the administrative centre of Penang for much of the state's history.

After the inscription of the city centre as a UNESCO World Heritage Site in 2008, Gurney Drive, with a high concentration of skyscrapers, is also touted as George Town's second CBD.

Historically, this district coincides with the particular area that was first explored and developed by Captain Francis Light after his founding of Penang in 1786. It is centred at Beach Street and Light Street, which are among the first streets to be created on Penang Island. It is loosely bounded by Pitt Street (now Jalan Masjid Kapitan Keling) to the west, Chulia Street to the south and Weld Quay along the city's eastern shore.

...
Wikipedia