Straits Trading Business Segments Overview
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STRAITS TRADING BUSINESS SEGMENTS OVERVIEW
STCPM
Straits City-Smart and sustainable integrated mixed-use development
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Straits City is an integrated mixed-use development, which includes
offices, residential apartments, hotels, service apartments, and retail
components over 40 acres of land.
Situated in the historic Butterworth and overlooks Georgetown with
sweeping views of the Penang Strait.
Enabled by infrastructure, Straits City is poised to benefit from the
positive spillover effects from Indonesia-Malaysia-Thailand Growth
Triangle and Belt and Road initiatives.
Strategically located within the largest integrated transport hub (Penang
Sentral), that combines rail, road and sea infrastructure.
Business Improvement Districts (BIDs) initiative to enhance Butterworth's
urban amenities, including smart infrastructures will drive the growth of
Seberang Perai's smart industries and add value to Straits City.
• North Butterworth Container Terminal, which is 15 mins drive from
Straits City was gazetted as a Free Trade Zone on Feb 1, 2021.
PROPERTY
STC Property
Management
("STCPM")
Key Developments
Kicked off its first phase with a 356 rooms, 4-Star Hotel that sits on
top of 3 storey quality retail space - 43,335 sq ft of NLA
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Given its proximity to industrial parks, the hotel is positioned to meet
the business traveller demand.
Target completion of the hotel is in Q42022. When international travel
returns, the hotel will meet the demand from both business and leisure
travellers as well as domestic.
Straits City Future City
EXCEPTIONAL LOCATION
WORLD-CLASS CONNECTIVITY
LEGEND
- Highway
Sea
10KM
Rail
Air
BATU
Straits City
STRAITS
TRADING
ESTABLISHED
1887
A MEMBER OF THE TECITY GROUP
Highlight 1
Diversification
Highlight 2
Growth
Highlight 3
Value Creation
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Highlight 4
Financials
© Copyright 2021.
The Straits Trading Company Limited.
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