| Bandar Sri Pinang | |
| Settlement Type: | Neighbourhood of George Town |
| Pushpin Map: | Malaysia Penang George Town city centre |
| Pushpin Map Caption: | Location within George Town in Penang |
| Coordinates: | 5.3967°N 100.3285°W |
| Subdivision Type: | Country |
| Subdivision Name: |  Malaysia |
| Subdivision Type1: | State |
| Subdivision Type2: | City |
| Subdivision Name2: | George Town |
| Leader Title1: | Local government |
| Leader Name1: | Penang Island City Council |
| Postal Code Type: | Postal code |
| Postal Code: | 11600 |
| Leader Title2: | Mayor of Penang Island |
| Leader Name2: | Rajendran P. Anthony |
| Leader Title3: | Sungai Pinang State Assemblyman |
| Leader Name3: | Lim Siew Khim (DAP) |
| Leader Title4: | Jelutong Member of Parliament |
| Leader Name4: | RSN Rayer (DAP) |
| Timezone: | MST |
| Utc Offset: | +8 |
| Timezone Dst: | Not observed |
| Established Date: | 2014 |
| Established Title: | Founded |
Bandar Sri Pinang is a residential neighbourhood within the city of George Town in the Malaysian state of Penang. Situated within the city centre, it is bounded by the Pinang River to its north and the Tun Dr Lim Chong Eu Expressway to its west. Comprising a mix of low-cost and luxury residential, commercial and light industrial developments, the neighbourhood was formed in 2014 through land reclamation by Malaysian conglomerate IJM Corporation.
In 1997, Jelutong Development Sdn Bhd (JDSB), a subsidiary of IJM Corporation, was awarded the Jelutong Expressway project which has since been renamed the Tun Dr Lim Chong Eu Expressway.[1] The highway was intended to serve as the main thoroughfare connecting the city centre and the Penang Bridge, thus alleviating traffic congestion at Jelutong.[2]
The expressway project was estimated to cost RM300 million in total. Due to a lack of funds, the Penang state government ultimately opted to compensate the appointed developer with real estate developments surrounding the thoroughfare, in order to avoid the imposition of toll charges on local motorists. In exchange for the expressway, JDSB was granted exclusive development rights for 368acres of adjacent land, much of which would be reclaimed from the Penang Strait. The real estate developments were expected to span 15 years, but residential developments took on greater urgency after the repeal of the Rent Control Act that caused a shortage of affordable housing within the city centre.
The 86acres Bandar Sri Pinang township encompassed the northernmost land parcels B2, C1, C2 and C3. Land reclamation began in 2000 and took seven years to complete.[3] Residential, commercial and industrial developments subsequently commenced, and the new township was ready by 2014.[4] In the same year, the township's coastal promenade was renamed Karpal Singh Drive, following the sudden demise of local-born Democratic Action Party politician Karpal Singh.[5]
In 2018, the Methodist Church in Malaysia opened the Wesley Methodist School Penang (International) at the neighbourhood.[6] The school is associated with Methodist College Kuala Lumpur and provides education based on the Cambridge International curriculum.[7]