New Department In Komtar, Penang

PENANG shoppers will have an additional choice this year-end as the new Pacific Departmental Store (Komtar) is set to open on the island by Christmas.
The new department store and supermarket will be an anchor tenant of Komtar, occupying 42,277 sq m for a tenancy period of 18 years.
The store will have a lifestyle concept and cater to the needs of the mid to upper class market.

The store will invest the total of RM20mil within the first six months to develop and renovate the new outlet.

It seems very optimistic about the project and believe it can be one of the main shopping attractions on the island as it is located in the town area with an established traffic flow.

The store would take up four floors previously occupied by the Yaohan Departmental Store, would be hiring a work force of 400 to manage day-to-day operations.

Chief Minister Lim Guan Eng, who was present to witness the tenancy agreement between the Komtar owner Penang Development Corporation (PDC) and Pacific Hypermarket & Department Store Sdn Bhd, a wholly-owned subsidiary company of The Store Corporation Berhad, said the deal was a first step in regaining Komtar's shine.

"The space Pacific is occupying has been vacant for about five years. Now, we see the light at the end of the tunnel in reinstalling Komtar as the heart of George Town and Penang," Lim said.
He added that the state was committed in reviving Komtar.

In addition, Penang Time Square will open soon to attract more tourist and shopper come to Georgetown.