Chinatown @ Raja Uda, is themed uniquely and integrated FREEHOLD commercial development where everything converges in one location to satisfy businesses, offices, entertainment, food & beverages and local amenities need. It is now set to change the Raja Uda townscape through a well-planned collection of the Chinatown themed commercial spaces within a thriving hotspot of commercial activity. This well-planned commercial development is proudly brought to you by Jayamas Property Group.

This development offers 30 units of freehold extendable 4-storey shop offices, featuring a build-up from 3,337 sq.ft – 7,337 sq.ft. Indicative selling price starts from RM1,800,000. It is scheduled for completion by 1st Quarter of 2026.

Project Name: Chinatown @ Raja Uda
Location: Raja Uda, Butterworth
Property Type: 4-storey shop office (Extendable)
Built-up Size: 3,337 sq.ft. – 7,337 sq.ft.
Total Unit: 30 units
Indicative Price: RM1,800,000 onwards
Developer: Jayamas RU Sdn Bhd  (Jayamas Property)

DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider or party in question.

Ten new transportation projects have been included in the 12th Malaysia Plan (12MP) including the Penang light rail transit (LRT) project.

During the presentation of the mid-term review of the 12MP, Prime Minister Datuk Seri Anwar Ibrahim said the government emphasised the development of sustainable and resilient transport and logistics infrastructure.

“A major shift in strengthening the public transport network will provide better access and connectivity.

“More people will enjoy public transport services that are increasingly efficient, reliable, affordable and safe,” he said in Parliament yesterday.

The other nine new transportation projects are the expansion of Bus Rapid Transit (BRT) and intra-city bus services including in Johor Bahru and the Klang Valley; upgrading of the Senai-Desaru Highway; widening of the North-South Highway (from Yong Peng to Senai Utara) in phases; construction of Sarawak-Sabah Link Road II; construction of Sabah Pan Borneo Highway Phase 1B; Penang International Airport expansion; redevelopment of Sultan Abdul Aziz Shah Airport, Subang; upgrading the East-West Highway from Gerik, Perak to Jeli, Kelantan; and upgrading the road from Tanah Rata to Kea Farm, Cameron Highlands.

“The development of a new port on Carey Island is also expected to strengthen Port Klang as a regional transshipment hub.

“The government will also improve transport infrastructure maintenance works to extend the lifespan of roads, rail assets and air navigation equipment,” he added.

Source: NST Online

Housing development account (HDA) weaknesses in monitoring and management procedures are among factors identified as contributing to problematic housing projects.

Deputy Local Government Development Minister Akmal Nasrullah Mohd Nasir said HDAs are under the Housing Development (Control and Licensing) Act (Act 118), where the law requires licensed housing developers to open and maintain HDAs with banks for each project undertaken.

“An HDA is [supposed to be] specific to one project, but what happened was that one HDA was used for several projects, and even the financial institution’s bridging loan with the developer was not included in the HDA. HDAs were clearly stipulated in Act 118, but the implementation was vague,” he said.

An HDA is an account for deposit savings for developers to obtain development licences and financial loans for construction, and to regulate projects from being abandoned.

Speaking at a press conference regarding the development of the status of sick and abandoned housing projects here on Friday, Akmal Nasrullah said that the Ministry of Local Government Development wants HDA monitoring to be improved and coordinated between the ministry and the banks.

Akmal Nasrullah said the task force for sick and abandoned private housing projects had forwarded improvement recommendations to financial and banking institutions, so that the intent of Act 118 is achieved, with a solution to ensure that HDA management is organised and regulated.

Apart from that, he said that several other weaknesses were also identified, including developers’ project management and financial capabilities, on-site management involving main contractors, and contract disputes between developers and landowners.

He added that until July 31, the task force had detected and monitored a total of 118 delayed projects (13,039 housing units), 490 sick projects (79,278 units), and 114 abandoned projects (24,262 units).

Akmal Nasrullah said 222 private housing projects (24,422 housing units) had been successfully restored, to the point of receiving a certificate of completion and compliance, or changing to smooth status.

“The gross development value (GDV) of the successfully restored projects is as much as RM20.61 billion. Of that amount, a total of 44 projects, or 3,496 units, were successfully restored for the period of July 1 to 31, with a GDV of RM3.14 billion,” he said.

Source: TheEdgeMalaysia.com

About Savana @ Utropolis

This is the fourth phase of Paramount Property’s Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes’ walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College, with easy access to Penang Second Bridge and North-South Expressway. This development features 522 residential units with 8 levels of car parking podium.

Find out more about Utropolis @ Batu Kawan:

• Phase 1 – Sensasi Commercial & Residential Suites (Completed)
• Phase 2 – Suasana Residential Suites (Completed)
• Phase 3 – Sinaran Avenue & Sinaran Residences (On-going)
• Phase 4 – Savana (On-going)

(Photo taken Aug 2023)

The Real Estate and Housing Developers’ Association (Rehda) Malaysia welcomes the announcement by Local Government Development Minister Nga Kor Ming on the proposal to introduce a new law to oversee urban regeneration efforts in the country, according to a statement issued by Rehda president Datuk NK Tong on Thursday.

The new law is expected to be tabled in Parliament at the end of next year, Nga said on Tuesday (Sept 5).

Rehda said it is high time for such a law to be introduced, given the lack of streamlined governance on such matters, which is currently implemented through nine different government ministries and agencies. It further added that this new law will be a welcomed addition to the Urban Renewal Implementation Guidelines, which were launched on Tuesday.

In formulating this law, Tong said that the government through the Local Government Development Ministry (KPKT) has demonstrated a far-sighted and balanced approach towards economic growth. “While we know that the trend towards urbanisation will continue to expand, KPKT recognises that this must be done in an orderly and proactive manner which includes ensuring that older buildings are given a new lease of life, even as newer buildings appear to fill the growing demand of urbanisation.”

Tong noted that conservation is also included in the agenda. “This will further protect the cultural and architectural heritage that is essential in making a city vibrant and relevant, while also paying respect to the country’s history.”

“This new law will continue to reinforce Prime Minister Datuk Seri Anwar Ibrahim’s Malaysia Madani concept, specifically in the area of good governance by having very clear and transparent guidelines, and in the area of sustainable development by ensuring that all rakyat will equally benefit as more economic opportunities are unlocked through this law,” he said.

Source: TheEdgeMalaysia.com