George Town, Penang, Friday, 11 October 2013 – Penang’s Chief Minister Mr. Lim Guan Eng today announced the setting up of a premium retail shopping outlet in Batu Kawan, the latest component in the State Government’s plan to develop Batu Kawan with new attractions towards a quality place to work, live, learn, shop and play.

The Penang state government hopes that the Premier Shopping Outlet will help to make residential living in Batu Kawan more attractive for affordable homes built by the Penang Development Corporation (12,000 units). The Penang state government wishes to dispel negative perceptions that this new satellite township in Batu Kawan is inferior to living on the island.

Covering an area of 40 acres, the international-class destination – which will include excellent facilities and scenic landscaping – is planned to include the following:
-An up-market outlet shopping mall tenanted by first-tier luxury international brands retailing branded items at discounted prices;
-A 300-room international-class hotel;
-Attractions such as cafés and F&B outlets, and a landscaped garden with a children’s playgrounds and residential units

PDC had offered this catalyst project by open competitive tender. The project was awarded to PE Land Sdn Bhd , the successful tenderer and operates Sarawak’s premier mall, Kuching’s The Spring Mall – which will own, build and operates the facilities while CB Richard Ellis (Malaysia) Sdn Bhd will act as the principal consultant. Payment for the land premium of RM65.34 million will be within three months from the date of the Purchase and Development Agreement.

Branded as Penang Designer Village of the GDV (Gross Development Value) of RM 1 billion, this outlet shopping mall and the hotel and developments related to it are expected to be completed within thirty-six (36) months from the date of the Purchase and Development Agreement.

The development is in line with PDC’s policy to promote and sell land to attract catalyst projects to Batu Kawan’s Bandar Cassia which is targeted to provide other services like shopping outlets, specialist hospital, international school, and recreational facilities. Further announcements will be made shortly. These new investments are expected to help complement the rapid development of Batu Kawan which in recent years has witnessed the entry of premier companies such as Bose Systems, Honda, Malaysian Automotive Lighting and VAT Manufacturing.

The PDC, in striving for sustainable development, is optimistic that the presence of companies such as PE Land and CB Richard Ellis will ensure successful implementation of integrated international-class lifestyle district, providing synergy and support for accelerating the growth and development of Batu Kawan.

PE Land Sdn Bhd, with a paid-up capital of RM3.7 Million, is the property development arm of PE Holdings and under Pan Sarawak Group, while CB Richard Ellis is a Fortune 500 and S&P 500 company, headquartered in Los Angeles, and is also the world’s largest commercial real estate services firm in terms of its revenue in 2011.

—–Mandarin Version —


(槟城乔治市2013年10月11日讯) – 槟城首席部长林冠英今日宣布将在峇都交湾设立优惠购物中心。这是州政府在一系列宣布峇都交湾发展计划中最新的一环,以让峇都交湾成为一个具崭新吸引力的优质工作、生活、学习、购物及玩乐的地区。



槟州发展机构透过公开竞争招标,由 PE Land Sdn Bhd标得该计划。PE Land Sdn Bhd是一家在古晋成功租出The Spring购物中心店面单位及妥善经营的公司。这次的计划将是采取拥有、建设及营运所有的设施的方式,至于总顾问公司则是 CB Richard Ellis(Malaysia)Sdn Bhd担任。高达6534万令吉的地价将会在购买与发展合约之日期的3个月内支付。

这项命名为Penang Designer Village的计划,总发展价值为10亿令吉,包括优惠购物中心、酒店及以上所述相关发展预料将在购买与发展合约之日期的36个月内完成。


槟州发展机构一直为永续发展而努力不懈,对于PE Land及CB Richard Ellis两家公司能确保执行这项汇集国际级生活方式,同时事半功倍地整合支援峇都交湾的成长与发展,抱持着乐观的看法。

PE Land Sdn Bhd的缴足资本为370万令吉,是Pan Sarawak集团旗下PE Holdings所拥有的地产发展臂膀。至于CB Richard Ellis则是名列财富杂志500强企业及标准普尔500指数的知名公司,总部设在洛杉矶,若以营业额计算,它也是2011年世界最大的商用产业服务公司。