Penang Science Park
Penang Science Park layout plan
Why Penang Science Park?
|i)||Why Penang Science Park?|
|Basic Infrastructure (including utility services): -
NOTE : The current prices of PDC industrial land are subject to change as and when there is a price revision exercise. PDC is not bound by this application to the current price.
TERMS OF PAYMENT
iii) Terms of Payment
(A) Land Ready
(i) 20% upon signing of Sales & Purchase Agreement by way of crossed cheque payable to "Penang Development Corporation".
(ii) Second payment of thirty percent (30%) of the Purchase Price shall be paid to PDC within four (4) months from the date of the Agreement.
(iii) Final payment of fifty (50%) of the Purchase Price shall be paid to PDC within six (6) months from the date of the Agreement.
(iv) 20% of purchase price shall be forfeited by PDC on the applicant's failure to proceed with the proposed purchase upon signing of the Sales & Purchase Agreement.
(B) Land Not Ready
(i) Twenty (20%) of the Purchase Price upon the execution of the Agreement.
(ii) Twenty percent (20%) of the Purchase Price upon the completion of the earthworks on the Land.
(iii) Twenty percent (20%) of the Purchase Price upon the completion of the temporary access for the building construction.
(iv) Thirty percent (30%) of the Purchase Price upon the telecom infrastructures, sewer and water mains being made available for connection to the Land.
(v) Ten percent (10%) of the Purchase Price upon the completion of the roads and drain servicing the Land.