THE TWO MEGA PROJECT: DA Land launches 20.6ha theme park resort, wholesale city and outlet mall
DA Land Bhd, founded by former lawyer Derek Chew who also owns the Houz Depot home improvement chain, has launched a RM5 billion project to help make Rawang a "cool" place like Subang and Shah Alam.
DA Land said the mega development on a 20.6-hectare site, dubbed The TWO, is poised to help transform Rawang into a property hotspot.
Rawang has already seen key property players such as Glomac Bhd, Mah Sing Group Bhd and Guocoland Bhd launching big projects over the years.
The TWO is located in Bandar Rawang at the mid-point of the North-South Expressway.
It is designed to be a three-in-one theme park resort, wholesale city and outlet mall, said Chew, who is also DA Land chief executive officer.
"It will boast a shopping mall as well as outdoor and indoor world-class theme parks. The TWO, without a doubt, will be the first and largest tourist hub in Malaysia," he claimed.
While the theme parks are central to DA Land's overall target to help change the development landscape along the northern corridor, Chew said The TWO can be a regional wholesale hub.
"The TWO can be a wholesale hub for Asean as Malaysia is a strategic point in Asia for travellers and this project is strategically located," he said.
"It also serves as the ideal rest stop and journey-breaker for long-distance travellers, making it an ideal investment prospect," Chew said.
He added that the unique location, large highway frontage of almost a kilometre and the direct access to and from the highway will ensure the sustainability of The TWO.
DA Land was set up in early 2011 and the company's projects include the LakeClub Parkhome, a 25.2ha resort home development in Rawang.