Profile of Thilawa Property Development Limited (TPD)
MTSH has established Thilawa Property Development Limited (TPD) in March 2015 to develop, construct, market, lease and operate 35 hectors of Residential and Commercial Area in Thilawa SEZ. It is situated between the main access corridor to Thilawa SEZ and Thilawa Reservoir making it a prime location for Urban Development such as Condominium, Serviced Apartment, Office Space, Shopping Mall, Supermarket, Hyper-mart, Shophouse, Hotel, School, Bank, Hospital. TPD has obtained investment permit in July 2015.
Residential and Commercial Area of Thilawa SEZ is about 19 km from Yangon’s Central Business District (CBD) through Thanlyin Bridge, and 36 km through Dagon Bridge.
Attractiveness of Residential & Commercial Area include
- Direct link with industrial zone
- Views to the reservoir
- View to the Kyaik Khauk Pagoda
- Peaceful, secure and spacious
- Easy access to the Yangon, Thanlyin and Kyauk Tan via Main Road
- Essential infrastructure development plan consists of school, hospital, clinic, shopping mall, supermarket, mini-mart, hotel, banks, public spaces, police station and fire station, electricity and water treatment plant.
- Dormitories are available for rent at reasonable price range primarily focus on the workers in the TSEZ area.
- 50 years plus extendable 25 years land grant.
- Expect to develop further after the completion of infrastructure in the R&C Area and expansion of Thanlyin-Kyauk Tan Road.
- Transportation will be smooth and easy after the completion of Thanlyin Bridge No. 3 which is funded by ODA loans from Japan.
- Good prospect of becoming leading R & C area for not only Thilawa SEZ but also for Thanlyin-Kyauk Tan Area
TPD Business & Development Works in Residential and Commercial Area of Thilawa SEZ includes
- Thilawa Garden City
- Shophouses and
- Workers’ Accommodation
Thilawa Garden City
Residential and commercial land own by TPD has total area of 35 hectares, of which 1.2 hectare was subleased to 8 major local banks where KBZ Bank is now under construction and 0.6 hectare was subleased to Super Hotel expected to complete by December 2018. TPD also reserved 0.5 hectare of land for two petrol stations. Another 1.4 hectare was used for development of worker accommodation and shophouses. As of today, TPD still has balance of 31 hectares available for future sublease and/or own development. KBZ Bank where KBZ Bank is now under construction and 0.6 hectare was subleased to Super Hotel expected to complete by December 2018. TPD also reserved 0.5 hectare of land for two petrol stations. Another 1.4 hectare was used for development of worker accommodation and shophouses. As of today, TPD still has balance of 31 hectares available for future sublease and/or own development.
