Penang Design Village Premium Outlet Opens
12/1/2016 1:39:36 PM

Design Village, the first ‘premium outlet’ mall in Penang finally opened its doors on 23 November 2016. This single-storey open-air mall featuring cool weather-sheltered walkways offers a mix of international and home grown brands is already making its landmark to be one of the well-known shopping venues in Penang.

 

 

Design Village is owned by PE Land (Penang) Sdn. Bhd. and marketed by Savills Malaysia. It has 150 stores consisting of popular high-street brands, sports and outdoor range, different fashion labels and food & beverages outlets. It is built on a 400,000 square foot within a tropical garden in Bandar Cassia, the mainland of Penang  and is part of a 40-acre mixed-used development that include a hotel, serviced apartments and high-end condominiums in the second phase development.

 

The entire development will have a total estimated gross development value (GDV) of RM1 billion, while Design Village itself has an estimated GDV of between RM200 million and RM300 million.