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Premium Outlets to open in Penang

February 27th, 2013 Leave a comment

Penang State Government will be inviting qualified companies to submit their request for proposal (RFP) for Premium Outlet project in Bandar Cassia, Batu Kawan. This is the first of its kind project in Penang and it will be located on a 40-arce land near to the second bridge, which is set to be ready by September 2013.

Premium Outlets is a portfolio of outlet shopping centers which brings together the finest brands in unique outdoor settings and offers impressive savings of 25 to 65 percent every day.

Submission for the RFP will open on 5 March, 2013 and the closing date is on 6 May, 2013. Interested companies may purchase the RFP document which cost RM2,000 from Penang Development Corporation at Bayan Baru, Penang.

More details can be obtained from Penang Development Corporation at +604-634 0402/470.

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  1. Buyer101
    February 27th, 2013 at 22:03 | #1

    Make sure they plant more trees there. Malaysia is very hot.

  2. Gibsy
    February 27th, 2013 at 22:15 | #2

    Oh..trying to mimic the Silicon Valley? There is one similar thing near San Jose also..

  3. Elmo
    February 27th, 2013 at 23:51 | #3

    Don’t be like Johor premium outlet outcome.. stocks so lousy and so outdated.. some items more expensive than Singapore. FYI – the premium outlet price is almost 200%-400% more than in the states. You won’t be able to buy a sale CK trouser like in the states for US$15 – US$60. No rebook sport shoe like US$29.00, no Ralp Lauren price like US$10 – US$50. Unless Penang obtained port free status..then maybe price will be different.

  4. david
    February 28th, 2013 at 09:22 | #4

    @Gibsy
    That place call Gilroy Premium outlet. Visit 3x per week during my 1 months training there. 5kg almost empty ‘suitcase” back with 55kg.
    Counterpart there call us crazy “shop till drop”. But after I show the price tag in Malaysia to them, they shount…wow living cost in Malaysia really high.

    Ya I said: Low paid high expen in Asia, especially in Malaysia.

  5. kotun
    February 28th, 2013 at 09:57 | #5

    Premium Outlet is my favourite when I visit US (california) for business trip. Cheap and good quality stuffs. BUTTTTT, I was very disappointed when I visited Johor Premium Outlet. JPO focus more on the word Premium, than the word Outlet. All the stuffs are priced similar as in shopping complex. It’s probably cheap for Singaporean, but not so for Malaysian.

    Since JPO and PPO are under the same company, I doubt it will be any different.

  6. GG
    February 28th, 2013 at 10:00 | #6

    @david
    How they want to compare it to US? All the cheap product sell in US Premium outlet is US local product, europe product is also expensive in US. If the premium outlet here want sell cheap thing, it will be selling Malaysia based product not US product and that no point cause no ppl want to buy LOL.

  7. kotun
    February 28th, 2013 at 10:08 | #7

    @GG
    Hello GG,
    Not all are US made, in fact most of them are made in Asia. Rebok, Nike, Coach, Ralph Lauren shirts and all, all made in Asia. Maybe all the goods in JPO are imported directly from POs in US. It would be cheaper if JPO sources all the goods directly from the plants.

  8. KK
    February 28th, 2013 at 10:13 | #8

    david :@Gibsy That place call Gilroy Premium outlet. Visit 3x per week during my 1 months training there. 5kg almost empty ‘suitcase” back with 55kg.Counterpart there call us crazy “shop till drop”. But after I show the price tag in Malaysia to them, they shount…wow living cost in Malaysia really high.
    Ya I said: Low paid high expen in Asia, especially in Malaysia.

    Just wanted to clarify. Cost of living has nothing to do with premium brands :). There are clothes in tesco or carrefour selling less than RM10/pcs.

  9. KK
    February 28th, 2013 at 10:16 | #9

    Handbag also got less than RM20.

    Cost of living = the cost to live comfortably with necessity.

  10. condomana
    February 28th, 2013 at 10:26 | #10

    Hi KK,

    I think what David meant was the quality of life here sucks. With 1% of your monthly income, you can get only low quality merchandise in Msia, whereas with 1% of of your income in the US, you can get good quality merchandise. Now if you’re talking 1% of an american working in the US, you can actually get luxury quality merchandise.

    Same equation goes for properties…:)

    The only things cheaper here are healthcare, char kuey teow and car wash…:)

  11. HKStar
    February 28th, 2013 at 10:32 | #11

    Build in batu kawan? Any other happenings there? Where got market ?

  12. Penang Homes
    February 28th, 2013 at 10:39 | #12

    condomana :
    Hi KK,
    I think what David meant was the quality of life here sucks. With 1% of your monthly income, you can get only low quality merchandise in Msia, whereas with 1% of of your income in the US, you can get good quality merchandise. Now if you’re talking 1% of an american working in the US, you can actually get luxury quality merchandise.
    Same equation goes for properties…:)
    The only things cheaper here are healthcare, char kuey teow and car wash…:)

    eh.. char kwey teow nowadays is also not cheap….. ha ha ha

  13. GG
    February 28th, 2013 at 10:43 | #13

    Haagen Dazz here confirm super extreme expensive, in US can get USD3 for 1 medium pint and here it cost RM30 around USD10. Too many rich people stay in malaysia.

  14. Hi
    February 28th, 2013 at 10:51 | #14

    @HKStar

    Only batu kawan has such big piece of land to accomodate PPO

  15. david
    February 28th, 2013 at 10:56 | #15

    @GG
    U already have make a good comparision. Same goes to Condomana. By the way, most of the so call “premium items” is from Sourthen America, APAC (india, vietnam, indo). PLS CHECK THE TAG attached on it.
    Dollar to dollar compare, a engineer in US with 5k income = Stay in a house with swiming pool, drive BMW 5 series,..etc
    Malaysia engineer earn 5k income = proton, 1000sqft condo. There is a benchmark to measure the living standard. How much need to paid for a burger in a country, this index is a good measurement.

  16. david
    February 28th, 2013 at 10:58 | #16

    Do u know what is the reaction after I told my counterpart my LIVINA cost me 95k. OHHHH shit….I can buy 2unit 5 series in US. Your paid must be RM10k/months……. wordless…

  17. Penang Homes
    February 28th, 2013 at 11:14 | #17

    david :
    Do u know what is the reaction after I told my counterpart my LIVINA cost me 95k. OHHHH shit….I can buy 2unit 5 series in US. Your paid must be RM10k/months……. wordless…

    We live in Malaysia….we still call Penang home…. we love the smell of Georgetown canals… regardless we still Penang Lang

  18. J & J
    February 28th, 2013 at 11:16 | #18

    Most importantly is the health care supplements and pharmaceutical drugs
    which are way much cheaper in the US.

  19. condomana
    February 28th, 2013 at 12:12 | #19

    Is it legal to sell condo units for a property project which has yet to obtain building permit and advertising permit from MPPP?…..:)

  20. david
    February 28th, 2013 at 12:14 | #20

    @KK
    Hello KK, if u don’t want compare brand. Let’s talk about cap palang. USD5 for 1 whole set of BB outfit (year 1-5), Where can get it from Malaysia? U see before USD1 for infrant outfit (whole set)?
    My counterpart said…Hei, why u guys want Nike, LV, Coach,..etc. Is so exp. There is lot of “local brand” selling 20 to 30% of the price u paid. I can bring u to shop with full of car with only spend less than USD300.
    When u have chance there, go shop around and compare. U WILL GET SHOCK EVEN WITH 3.1 foreign conversion rate.

  21. LY
    February 28th, 2013 at 13:05 | #21

    If you go to US very often, no harm to shop for bargains from the factory outlets there. It really worth it and satisfying. For those who less travel like me, I am happy with the quality of the less branded stuff in our local malls. It really depends on personality and lifestyle. No right or wrong when comes to branded or not branded.

  22. Bryan
    February 28th, 2013 at 13:56 | #22

    david :
    @KK
    Hello KK, if u don’t want compare brand. Let’s talk about cap palang. USD5 for 1 whole set of BB outfit (year 1-5), Where can get it from Malaysia? U see before USD1 for infrant outfit (whole set)?
    My counterpart said…Hei, why u guys want Nike, LV, Coach,..etc. Is so exp. There is lot of “local brand” selling 20 to 30% of the price u paid. I can bring u to shop with full of car with only spend less than USD300.
    When u have chance there, go shop around and compare. U WILL GET SHOCK EVEN WITH 3.1 foreign conversion rate.

    That’s weird, Pg just been selected as among the best retire destinations by US, because of low living standard….

  23. pgkopi
    February 28th, 2013 at 15:55 | #23

    encourage ppl to use the 2nd bridge. I think stuff in msia are generally more expansive due to multi level corruptions instead of growing the country/currency…

  24. nd4spd
    February 28th, 2013 at 16:43 | #24

    @david
    Are you from BayanLepas FTZ area?

  25. tlt
    February 28th, 2013 at 17:16 | #25

    nd4spd :
    @david
    Are you from BayanLepas FTZ area?

    We all like to compare price. Don’t tell me you don’t.

  26. condomana
    February 28th, 2013 at 18:00 | #26

    Hi Bryan,

    Bryan :

    david :
    @KK
    Hello KK, if u don’t want compare brand. Let’s talk about cap palang. USD5 for 1 whole set of BB outfit (year 1-5), Where can get it from Malaysia? U see before USD1 for infrant outfit (whole set)?
    My counterpart said…Hei, why u guys want Nike, LV, Coach,..etc. Is so exp. There is lot of “local brand” selling 20 to 30% of the price u paid. I can bring u to shop with full of car with only spend less than USD300.
    When u have chance there, go shop around and compare. U WILL GET SHOCK EVEN WITH 3.1 foreign conversion rate.

    That’s weird, Pg just been selected as among the best retire destinations by US, because of low living standard….

    Hi Bryan,

    That’s a very good question! Going back to my illustration :-
    (1) with 1% of Msian monthly income –> buy low quality merchandise in Msia.
    (2) with 1% of Msian monthly income –> buy good quality merchandise in US.
    (3) with 1% of US monthly income –> buy luxury quality merchandise in US.
    Now we add on another category
    (4) with ALL the wealth you have accumulated with US income when you retire –> live like a king in Msia. Why? Coz you get tax-free car, you’re not raising kids anymore, therefore buy less Nikes and Ralph Laurens, you’re not suppose to take anything too sweet therefore who cares about Häagen-Dazs. What you need is cheap maid at home, super cheap car wash and lots of Laksa!….:D

  27. biscuit
    February 28th, 2013 at 18:14 | #27

    location wise…. very bad. don’t know why they have such planning.

  28. CK
    February 28th, 2013 at 21:10 | #28

    During my first visit to Gilroy, bought like crazy..maybe spent RM1-2K in one day.
    Second trip to US, I started to compare the the products in Outlet are substandard compare to the retail in shopping mall unless seleted brand selling off season products.
    The A&F material is thinner, Coach bag using cheaper material and rough handiwork, expired Loccitane skin care and etc…But i gave up buying outlet stuffs when my friend helped me to buy a pair of Levi’s where the length is one short and one long….When i started to shop in Levi’s shop in the mall during sale…It’s only slightly more (USD10) than price in outlet. It’s perfect and nice and cost a little bit more!! Even without sale, it’s still cheaper than Malaysia. Since then i only look out for sale in retail. A/X in US really cheap when there is Sale! Shopping in US is so much fun!

  29. Ye
    March 1st, 2013 at 12:31 | #29

    I bought RM8 super comfortable full-cotton basic tee from tesco and I blamed myself for not buying it much earlier.
    Chinese people come to Malaysia to buy Vincci shoes.
    It’s just that we do not have many own brands with good quality. (ice cream for one)
    No argument for car, compensated with cheaper petorl may be.
    I do tonnes of sports, buy RM150 new balance shoes which I think just fine, better than not-many-choice with right size in Gilroy, although at USD30.

  30. gwsx
    March 1st, 2013 at 15:28 | #30

    BB outfit below 5usd? A lot in Malaysia la….

  31. kotun
    March 1st, 2013 at 15:38 | #31

    @gwsx
    Hello. Just to share a bit. In Premium Outlet in US, I could buy kids outfit for like USD3-USD5. These are branded outfits like Baby Gaps or Osh Kosh Big Osh, really high quality and last long. You could still get baby outfit for USD3-USD5 in Malaysia, but can you get the same quality?

  32. gwsx
    March 1st, 2013 at 16:27 | #32

    @kotun
    somebody said can’t even buy cap palang with usd5. so that is my response.

  33. kotun
    March 1st, 2013 at 17:09 | #33

    @Ye
    Cheap at Tesco but thin low quality t shirt. I could get USD3 for a good thick cotton t shirt from fruit of the d loom. Last really long.

    Sport shoes USD30 is on the high side. I got Adidas running shoes for around USD15, and last >2 years.

  34. Ye
    March 1st, 2013 at 22:13 | #34

    @kotun

    I thought the same too at first, but go check out again at Tesco.

    Imported goods are expensive, pisang is expensive in the US too.

    Anyway, I still hope that local POs can sell Adidas at USD15, I got more choices then and can have my luxury to try which brand lasts longer.

  35. PGT
    March 2nd, 2013 at 01:13 | #35

    kotun :
    @Ye
    Cheap at Tesco but thin low quality t shirt. I could get USD3 for a good thick cotton t shirt from fruit of the d loom. Last really long.
    Sport shoes USD30 is on the high side. I got Adidas running shoes for around USD15, and last >2 years.

    Just some tips for you. Dont be so naive to think that you actually got a bargain.

    http://www.divinecaroline.com/fashion/whats-hot/buyer-beware-sneaky-tricks-outlet-malls

    Best example from the article is Gap store. :)

  36. jill
    March 5th, 2013 at 11:49 | #36

    singapore is the cheapest for branded stuffs in asia…even compared to japan and taiwan…

  37. alfred
    October 12th, 2013 at 23:52 | #37

    http://www.starproperty.my/index.php/articles/property-news/pdc-pe-land-ink-pact-on-premium-retail-outlet-for-penang/

  38. alfred
    October 12th, 2013 at 23:53 | #38

    Good news to all penangites. The agreement, signed between PDC and developer PE Land Sdn Bhd, will see the nation’s second premium outlet after the Johor Premium Outlet.

  39. Satay
    October 12th, 2013 at 23:58 | #39

    Awesome! Good for mainland development! More to come since the 2nd bridge is ready!

  40. j
    November 13th, 2013 at 04:22 | #40

    y don u compare to hk? @jill

  41. footer
    January 10th, 2014 at 18:54 | #41

    Popular Swedish home furnishing store Ikea Store will be opening its first outlet in Penang with groundwork expected to commence by end of the year or early next year.

    In announcing this, Penang Chief Minister, Lim Guan Eng said the Ikano Pte Ltd, the franchisee for Ikea in Malaysia, Singapore and Thailand, formed a joint venture with local company, Aspen Vision Land Sdn Bhd, to develop the integrated shopping mall in Batu Kawan.

    The joint venture company, Aspen-Ikano bought the land from state agency, Penang Development Corporation, for 483.95 million ringgit.

  42. footer
    January 10th, 2014 at 18:55 | #42

    “Aspen-Ikana has bought 245 acres (100 hectares) of land in Batu Kawan at RM483 million to develop an integrated shopping mall and mixed development of offices and residences,” Lim said.

    The 245 acres will include 30 acres (12 hectares) for the first Ikea Store in the northern region of Malaysia and the first phase of the shopping mall.

    Another 45 acres (18 hectares) is to be set aside for phase two of the shopping mall and 170 acres (69 hectares) for mixed development purposes.

    Lim added that the entire commercial and mixed developments on the 245 acres of land are expected to be completed within 10 years from the date of Agreement.

    “Notwithstanding that, the IKEA Store is to be developed and completed within the time frame mutually acceptable by both parties.

    “The time frame that all parties are targeting at is about 5 years or sooner, depending on various surrounding, economic and demand factors.”

    Lim said the state government is confident that the entry of IKEA into Batu Kawan is a vote of confidence for Penang and a boost to making Seberang Perai as the future choice for investments, tourism and habitat for sustainable living.

    Source: ABN News

  43. Mainlander
    April 8th, 2014 at 13:40 | #43

    MPSP/15/S73-1404/0477-PKM : Permohonan Kebenaran Merancang Untuk Cadangan :- A. Fasa 1 i. 119 Unit Kedai 1 Tingkat ii. 34 Unit Kedai 2 Tingkat iii. 1 Tingkat Tempat Letak Kenderaan Sub-Besment B. Fasa 2 & 3 : Kemajuan Masa Hadapan Di Atas Sebahagian Lot 282, Mukim 13, Batu Kawan, Lebuhraya Bandar Cassia, Seberang Perai Selatan, Pulau Pinang. oleh PE Land (Penang) Sdn. Bhd.

  44. BD
    April 8th, 2014 at 14:21 | #44

    Kedai 1 tingkat ??!!!….

  45. TL
    September 14th, 2014 at 11:26 | #45

    Yes, This is the style of the outlet. Something like Autocity but with much much better landscape design…

  46. Chew
    October 31st, 2014 at 17:05 | #46

    Is the construction started yet?

  47. Mainland
    October 31st, 2014 at 21:16 | #47

    Wait for another 5 years or more.

  48. .
    November 1st, 2014 at 02:16 | #48

    ok.

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