A proposed 70-acre residential development by Chen Yu Land Sdn. Bhd. (a subsidiary of IJM Land) at Nibong Tebal. Strategically just a stone’s throw away from the entry point of Jawi toll, about 12 minutes drive to the south of Penang Second Bridge. It is within close proximity to several public amenities and government offices namely Land & District Office, District Education Office, District Police Headquarter and a few others.

This development will be completed in a few phases:

• Phase 1A: Shop offices (16 units), drive-thru restaurant (2 units)
• Phase 1B: 2-storey terrace (100 units)
• Phase 2: 2-storey terrace (60 units), 2-storey superlink (24 units), 2-storey semi-d (8 units)
• Phase 3A: 2-storey terrace (40 units), 2-storey superlink (14 units)
• Phase 3B: 2-storey semi-d (36 units), 2-storey clustered semi-d (60 units)
• Phase 3C: Low cost apartment (152 units) & future development

The same piece of land was formerly proposed for a project known as Senjayu@Jawi. The new plan is now pending approval with more details to be available upon official launch.

Project Name: (to be confirmed)
Location : Jawi/Nibong Tebal
Property Type : Residential
Built-up Size: (to be confirmed)
Land Tenure : (to be confirmed)
Indicative Price : (to be confirmed)
Developer: Chen Yu Land Sdn. Bhd. (IJM Land)

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.

 

About Havana Beach Residences

Affordable housing development by Ideal Property Group at Bayan Lepas. Strategically located near Jalan Tun Dr. Awang, less than 2km away from Penang International Airport. It is about 5 minutes walking distance to  SMJK Heng Ee (Bayan Baru branch).

*Images show progress in Aug 2022

Find out more about Havana Beach Residences

For over six decades, taxi driver Tan Teong Poh has lived in a zinc-roofed wooden house in Perak Road, George Town in Penang.

The 68-year-old, who is the third- generation occupant of the house, has many fond memories of his home.

“My grandfather was one of the pioneers and he was the one who built this house.

“The house is at least 100 years old. When I was young, all nine of us stayed here under one roof.

“Everybody knows everybody here and most of my neighbours are my relatives.

“This area is usually packed with people during Chinese New Year when our friends and families come home.

“My three children, aged between 27 and 41, used to stay here when they were young but all of them have since moved out,” he said.

Teong Poh’s home is among some 100 wooden houses and 20 shoplots which will be demolished to make way for a new development.

A representative for the landowner Tan Si Teoh Tng Seah Association, who wished to be known only as Tan, said the residents and shopkeepers had been instructed to move out by next month.

“I believe some buildings are more than 150 years old.

“The residents and tenants were given letters to move out a few months ago.

“The initial plan is to build high-rise residential units as well as commercial shoplots, and the tenants will be compensated accordingly,” he said.

Teong Poh said although he was a bit reluctant to move, he understood that development was needed.

“The development can bring about a positive impact on the community, as well as more growth to benefit the area,” he opined.

He said that he and his wife had found a place nearby to rent.

“We will be compensated with a unit after the new project is completed.

“We were told that this plot of land would be used to build commercial shoplots as well as high-rise residential units.

“I will move back to this area after the new project is completed, which should be in about six years.

“I will never forget the good times and nostalgic moments that I shared with my loved ones here,” he added.

As for Yeong Lih Fen, 60, who has been living in Perak Road since she got married over 30 years ago, it was a difficult decision to move away from this place.

“There are many food stalls which are within walking distance from where I live.

“When I do not feel like cooking, I can always walk to get food at the shops, which are only a stone’s throw away from my house,” she said.

Yeong said the house she lived in was built at least 80 years ago.

“My husband’s family slowly expanded the house over the years.

“My son is the third generation living here.

“During the good old days, we easily had about 30 people staying here together.

“We have two wells in the house compound to provide water for all of us.

“We use the well water to cook and shower, as well as wash bean sprouts and make tau kwa (firm tofu) and chilli paste,” she said.

Yeong said that even though she was reluctant to leave the place, moving might be a better option as some of the house’s wooden structures were damaged by termites, making it unsafe for her and her family.

“Sometimes, water leaks into the house when it rains.

“The house is very old and I am not sure whether to repair it, as the new landowner can take over the house any time.

“For the time being, I will be staying with my son and his family in George Town,” she said.

Housing multiple generations

A coffeeshop which has been located at Perak Road for more than 70 years, is among the business establishments that will be affected.

Its owner Tan Joo Lye, 70, said he was reluctant to leave the shop.

“This coffeeshop has been around for over 70 years. It was my father who started the business.

“I was born in the village here and I grew up in this area.

“I am the second generation in the family business and my 29-year-old son, Kok Seong who is the third generation, is helping me now.

“We sell economy rice and have many regular customers.

“My wife cooks the dishes and every day there are at least 60 dishes,” he said.

Joo Lye said they would move out by next month.

“Luckily, we managed to rent a place right opposite my current shop.

“We are open almost every day and are only closed a few days each month.

“We remained open even during the Covid-19 movement control order period,” he added.

Hardware shop owner Lau Khoon Peng, 74, said he started moving things out of his shop about three months ago when he first received notice to vacate the premises.

“This business has been operating for over 50 years. We started in a stall opposite and moved here about 18 years ago.

“This lot used to be a coffeeshop before we took over and turned it into a hardware store. We sell a lot of items here including stationery and other household goods.

“My son, who is the third generation, will be helping to manage the business,” said Lau.

Meanwhile, Lim Heng Jie is keen to sustain his family’s popiah (springroll) skin-making business in spite of the impending relocation.

The 31-year-old said his great-grandfather started the business at their shop in Perak Road over 60 years ago.

“I want the business to continue to succeed, as popiah skin-making is a dying trade.

“I hope to keep this traditional trade alive for many years to come.

“My parents and my grandmother are still helping me with the business. We produce around 30kg of popiah skin a day,” he added.

Lim said they would be moving to a shop near the Jelutong Market.

“The notice to relocate did not catch us by surprise as we had been informed about a year ago.

“However, the closer we get to the date to move out, the more reluctant we are to leave,” he said.

The adjacent Perak Road Market is slated to be refurbished too. It is considered one of the oldest markets on Penang island.

Penang Chief Minister Chow Kon Yeow, who visited the market recently, said there were plans to rebuild the market.

“Two open tenders were called for the rebuilding works previously, but they have since been halted due to the Covid-19 pandemic.

“A third tender will be called, and we hope that it will be a success this time around. The traders and market-goers have been waiting for this initiative to materialise.

“There is also a plan to develop a commercial project at a parcel of land beside the Perak Road fire station,” Chow told reporters.

Built in 1951, the 71-year-old market has been renovated numerous times, but its structure has not changed much.

The market, which is located in the Jelutong parliamentary constituency and the Batu Lanchang state constituency, is one of the busiest markets on Penang island.

Source: TheStar.com.my

The Desa Baiduri apartment in Paya Terubong will soon be given a new coat of paint as repainting works are scheduled to take place at Block 1A and 1B there.

Chief Minister Chow Kon Yeow, who visited the premises earlier, said the repainting works were expected to cost RM617,000.

State Tourism and Creative Economy Committee chairman Yeoh Soon Hin, who is also the Paya Terubong assemblyman, would bear 10 per cent of the entire cost (RM61,700).

“During the repainting works, residents may encounter uneasiness when entering their homes.

“It is hoped that all of you will be able to cooperate with the contractor during the time the works commence,” Chow said after visiting the apartment in Paya Terubong during his ‘Jelajah ❤️Penang programme’ in Bukit Gelugor today.

The repainting works, which will commence in mid-September and are expected to be completed in three months, will involve 700 units, affecting 3,500 residents.

Chow also hoped that the repainting will enlighten the lives of the people there, as well as leave a positive impact and encourage greater togetherness among the local community.

Accompanying Chow was also Bukit Gelugor MP Ramkarpal Singh.

Later, in the last event under the ‘Jelajah ❤️ Penang’ programme for the day, Chow, Ramkarpal, Yeoh and several other Penang Island City Council (MBPP) councillors, visited the newly-established food bank in Jalan Tingkat Paya Terubong 2.

The food bank centre, which was initiated by the Paya Terubong Village Community Management Council (MPKK), started its operations in July this year.

Ramkarpal and Yeoh allocated RM40,000 to upgrade the centre.

The centre is open every Monday from 7.30pm to 9.30pm.

Chow also took the opportunity to distribute basic necessities to a group of B40 residents in the constituency.

The recipients were overjoyed to have received the assistance.

Source: Buletin Mutiara

PropertyGuru Malaysia released its biannual Consumer Sentiment Study for H2 2022, which found that potential homebuyers are facing affordability issues in their homeownership journey, with 51% of respondents understanding that they are not qualified for government affordable housing schemes, and are not able to purchase property without financial assistance.

With the overnight policy rate (OPR) increase by 25 basis points in July, on top of the consumer price index (CPI) rising to an ultimate high of 4.4% year-on-year, potential homebuyers may continue to face affordability issues amid concerns over the ongoing global recession and inflation rates. This was evident in the Consumer Sentiment Study for H2 2022 (CSS H2 2022), as about half of the respondents surveyed stated that they do not qualify for government housing schemes and may not be able to afford to purchase a property without assistance.

In the study, 73% of the respondents have a clear understanding of eligibility terms for affordable housing, indicating that potential homebuyers will continue to be on the lookout for other government housing initiatives to aid their homeownership journeys.

Sheldon Fernandez, Country Manager, Malaysia (PropertyGuru.com.my and iProperty.com.my), said, “As seen in the Consumer Sentiment Study H2 2022, our consumers have a sound awareness of government initiatives and eligibility for affordable housing. With the ongoing recession, inflation, price hikes, and OPR increase, we expect potential homebuyers to continue the wait-and-see approach until the overall cost of living has stabilised.

With the Budget 2023 announcement coming up soon, we are hopeful that there will be allocations that can help spur the property market and aid those that are planning to embark on their homeownership journey. The CSS H2 2022 has also indicated that more than 69% of those surveyed plan to buy a house if the Home Ownership Campaign is revived.”

Emerging Technology Will Continue to Change Large Purchasing Behaviours in Consumers
The previous Consumer Sentiment Study in H1 2022 recorded that 2 in 3 Malaysians would be comfortable with shortlisting and viewing properties online, while 1 in 4 would be comfortable signing agreements online. This signals that consumers have become more tech-savvy following the reliance on digital transactions during the pandemic.

This trend continues in the latest CSS H2 2022, as over half of the respondents in the study see that emerging technologies such as AI, property aggregation platforms, and digital housing societies would be helpful in their homeownership journey. This indicates that technology will continue to play a major role in the property market, and a demand for digital accessibility to property-related decisions will likely continue in the coming years.

“As a leading proptech company, these findings have proven that providing a platform that can help to guide consumers in making informed property decisions is a crucial part of a homebuyers’ journey. The way that consumers digest information and make transactions is evolving, which is why we strive to be an innovative platform that can help potential homebuyers achieve their goals as conveniently and with as much guidance as possible. In addition, through the survey, we found that potential homebuyers have also started to consider purchasing property in the metaverse. This trend is likely to continue as consumers in Malaysia have adapted well to digital solutions and platforms more than ever over the past two years. We are interested to see how emerging technologies will change and evolve in the industry in the coming years,” said Sheldon.

Environmental Impact Has Changed the Way Potential Homebuyers View Locations

As several areas across Malaysia have been struck with flash floods and landslides in the past year, the study also indicated that homebuyers are concerned with how this will impact properties in the long run. 92% of the respondents in the study had highlighted flooding as their main concern, while 83% were concerned about landslides.

With environmental consciousness recording an upward trend, consumers are now looking at sustainable homes and features as key considerations when purchasing a home. Additionally, according to the CSS H2 2022, respondents noted that solar panels, rainwater harvesting, and food waste composting are important features to have in the future. On top of this, 1 in 3 of respondents in the higher income group is keen to pay more for a property with Electric Vehicle (EV)-charging ports.

“While location has always been one of the key considerations for home seekers in Malaysia, we will now see more people increasingly prioritise this due to the flooding events in the past year. The higher awareness of eco-friendly facilities and features is likely linked to ongoing climate change issues as well. Consumers are now more conscious of current issues and are now making eco-friendly decisions in hopes of making a change.

With many losing and damaging their homes in the past year, it is evident that these natural disasters have made a lasting impact, as in the CSS H2 2022, 66% of the respondents said they are willing to pay a higher insurance premium on their property for climate change effects as nobody foresees their home being struck by a flood or any natural disaster”, concluded Sheldon.