Land Development & Management
LAST UPDATED WEDNESDAY, 7 FEBRUARY 2018
PDC's main focus of development in 2017 is to create a corridor in the Seberang Perai Selatan called as Southern Corridor comprising North Penang Science Park, Penang Science Park, South Penang Science Park, East of Batu Kawan, Cassia Township and South of Batu Kawan. The Southern Corridor is planned comprehensively with a good connectivity of infrastructure network to stimulate the tourist attractions as well as to generate heightened awareness of investors throughout the region. Despite the unstable housing market situation this year, Cassia Township continues to show a positive pattern with new developments by the following developers:
- Mixed development by Eco World Development Group Berhad (Eco Horizon Sdn Bhd & Eco Sun Sdn Bhd).
- IKEA & mixed development by Aspen Group whereby IKEA is expected to begin operations in early 2019.
- KDU University & mixed development by Paramount. KDU University is expected to open in early 2019.
- Penang Design Village by PE Land. Already in operation and have received overwhelming response.
PDC expects economic conditions to further improve in the coming years and will continue to plan to develop the Southern Corridor with new ideas so to ensure rapid development in the State of Penang.
In addition, with the Eco-city Guidelines designed with MPSP will ensure development in Bandar Cassia to be a well-established and sustainable City.