PENANG: Penang Development Corp (PDC) will construct a RM20mil 6km spine road in Bandar Cassia, Batu Kawan, at year-end.
Acting general manager Rosli Jaafar said the six-lane road would connect the northern and southern parts of Bandar Cassia.
“The spine road will start at the Batu Kawan stadium and end at the location of the Second Link,” he told a press conference.
Rosli said the road was scheduled for completion in 18 to 24 months.
“Through our subsidiary, PDC Properties Sdn Bhd, we will develop 2,918 houses along the spine road.
“With a gross development value of RM610mil on a 136ha site, the properties would be launched in phases according to market demand till 2010,” he said.
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Rosli Jaffar (left) and PDC Properties CEO Osman Kallahan with an artist's impression of the Deduan Bunglow Village at Bandar Cassia. |
Rosli said PDC planned to develop about 30,000 homes in Bandar Cassia over 15 to 20 years.
He said when completed, the Second Link should boost the property value at Bandar Cassia by 50%.
“The Second Link has increased interest in Bandar Cassia. Because of it, we expect to take 15 to 20 years to develop the township, instead of 20 to 30 years,” he added.
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