Share This

Tuesday, April 17, 2018

Penang Tunnel project to be scrapped, flood mitigation plans among BN manifesto

https://youtu.be/petsLFOPMKo

 

‘Tunnel project to be scrapped’


BUTTERWORTH: Six pledges and 60 initiatives – that’s what the Barisan Nasional will be armed with as it attempts to wrest Penang from the clasp of the Opposition.

In its “Save Penang” manifesto launched yesterday, the coalition listed resolving flooding, overcoming traffic congestion and halting hillside development as the top priorities.

State Barisan chairman Teng Chang Yeow said if it regained power in the state, the controversial undersea tunnel project to link the island to the mainland would be scrapped.

He said further land reclamation at Permatang Damar Laut and Gurney Drive would also be barred.

Teng also announced that areas 76m above sea-level would be declared permanent forest reserves to protect the hills.

On flooding, he said the Barisan would resolve the problem within three-and-a-half years, by installing water pumps and floodgates and implementing a Penang Flood Mitigation Plan.

Another priority was to build 65,000 affordable houses within five years, introduce rent-to-own housing scheme, set the price of a low-cost home to RM40,000 (including a free carpark) and between RM80,000 and RM120,000 for medium-cost units (including free carpark).

The other priorities were listed as economic development, people’s welfare, and tourism and heritage.

Among others, the Barisan pledged to remove toll charges for motorcycles, abolish the water surcharge, provide a special fund of RM2,000 to couples who tie the knot for the first time, provide school bus subsidy to eligible families, provide free parking at council roadsides and residential areas, and allocate RM15mil annually for national-type, religious and private Chinese schools.

The Barisan also pledged to abolish postage charges and other charges for bill payments, provide free water to hardcore poor, reintroduce traffic wardens in school areas, and not to increase water tariff for residential areas within five years.

Thousands of Barisan leaders and members who attended the launch cheered when Teng fired salvos at the DAP-led state government, claiming its leaders made 51 false promises over the last 10 years.

Also present were state Umno chairman Datuk Seri Zainal Abidin Osman, state MCA chairman Datuk Tan Teik Cheng, state MIC deputy chairman Datuk M. Nyanasegaran and leaders of Barisan-friendly parties.

Teng (middle) getting waves of support as he launches the Penang Barisan Nasional manifesto at The Light Hotel in Seberang Jaya, Penang. With him are Penang Umno liaison committee chairman Datuk Seri Zainal Abidin Osman (on Teng’s right) and Penang MCA chairman Datuk Tan Teik Cheng. — Photos: ZHAFARAN NASIB/The Star
Teng (middle) getting waves of support as he launches the Penang Barisan Nasional manifesto at The Light Hotel in Seberang Jaya, Penang. With him are Penang Umno liaison committee chairman Datuk Seri Zainal Abidin Osman (on Teng’s right) and Penang MCA chairman Datuk Tan Teik Cheng. — Photos: ZHAFARAN NASIB/The Star


Flood Mitigation plans among BN manifesto

BARISAN Nasional will get allocation from the Federal Government to alleviate flooding woes in Penang within three and a half years if it secures the mandate from the people.

Penang Barisan chairman Teng Chang Yeow, a former state exco member, said detailed infographics would be required to come up with an action plan as well as a drainage masterplan to resolve the problem.

“We have experience in formulating flood mitigation plans in the past.

“From there, we will take the matter up to the Federal Government to negotiate for the amount of funds needed.

“We also have an emergency manual outlining standard operating procedures for a state to manage when struck by floods, and this goes in tandem with the Federal Government’s guidelines to create a clear chain of command.

“We noticed that in recent years, places in Penang that had never been flooded suddenly experienced floods.

“This is due to poor planning, lack of drainage and failure to identify hotspots.

“The people have suffered because of poor coordination and help could not reach them in time,” he said at a press conference after unveiling Barisan’s manifesto at a hotel in Seberang Jaya.

Commenting on the pledge for 50% of Penang island city councillors and Seberang Prai municipal councillors to be appointed from independent bodies, he said the representatives could join the planning committee to give their ideas.

Teng said that although landowners had the right to plan projects, those staying next door could voice their views including objecting to the projects if they were affected.

“But today, planners are not planning.

“Instead, politicians are doing the planning,” he said.

Teng said planning should be left to planners with expertise while politicians should only make policies.

'Can fulfil promises'

Teng: Penang will receive more allocation if voted into power

 



DESPITE being an Opposition state, Penang has received RM2.08bil as allocation from the Federal Government between 2013 and 2017.

Penang Barisan Nasional chairman Teng Chang Yeow said the amount was the highest among the northern states.

He said Kedah received RM1.76bil followed by Perak (RM1.25bil) and Perlis (RM360mil) during the same period.

“We can fulfil all our promises in the manifesto. The state will receive more allocation if we win the state from Pakatan Harapan,” he told reporters after launching the Penang Barisan manifesto at a hotel in Seberang Jaya yesterday.

Asked why the monorail and LRT projects which were in the 2013 manifesto were missing from the present one, Teng said the people in the state had rejected both projects as Penang Barisan was not voted into power then.

“However, we are open to consultation with the people and those from the civil movements to revive such projects if we are voted into power in the upcoming general election,” he said.

On another matter, Teng said Penang never had it easy during the 22-year tenure of former Prime Minister Tun Dr Mahathir Mohamad.

“Penang was bypassed most of the time when it came to development projects.

 “It was difficult for then Chief Minister Tan Sri Dr Koh Tsu Koon to get allocation for projects in Penang as the funds would not come.

 “Dr Mahathir, for reasons best known to himself, did not allocate sufficient funds for Penang and most of the time we were bypassed,” said Teng, who was once a state executive councillor.

Click to view details



- By K. Suthakar, Lo Tern Chern, and R. Sekaran, The Star


Related News

 

Aye to Barisan’s manifesto

Barisan Nasional Youth volunteers posing for a group photo at the recent Penang Barisan Nasional manifesto launching ceremony at The Light Hotel in Seberang Jaya, Penang. — Photos: ZHAFARAN NASIB/The Star
Barisan Nasional Youth volunteers posing for a group photo at the recent Penang Barisan Nasional manifesto launching ceremony at The Light Hotel in Seberang Jaya, Penang. — Photos: ZHAFARAN NASIB/The Star
 

Image result for A titanic battle for 'diamond' of PerakImage result for A titanic battle for 'diamond' of Perak A titanic battle for 'diamond' of Perak - Nation

 

 High stakes as Gerakan and DAP clash in Teluk Intan - Analysis  

 One for all and all for one

State govt has no long-term plans for the homeless, says Barisan
MCA man to use his vast know-how for the benefit of Gurun residents

DAP to explain the use of PKR logo in GE14

 


Related Posts:


Down the wire with the Malays - With urbanites caught up in social media debates, it will be the quiet rural folks who determine the winn...


https://youtu.be/e89SFhz_n2Q KUALA LUMPUR: MCA has unveiled the party's manifesto for the general election, just some 12 hours af...
NGO draws up own manifesto to assist the next state government  (From left) Anil, Ben, Dr Chee, Khoo Salma, Dr Anwar and Dr Ka...
https://youtu.be/ZMjeV2afEzo KUALA LUMPUR: The Chinese community stands to lose the most in DAP’s strategy to wipe out the Chinese leade...

IJM hill clearing & Trehaus construction damaged nearby houses since 2014 must be mitigated quickly!

 

Speaking out: Penang Forum members protesting outside the CAP office in George Town. Don’t just make it about worker safety issues ..
 
Becoming bald: A view of the clearing work seen at Bukit Relau which was visible from the Penang Bridge in November last year. GEORGE..

Penang floods and landslides, looking beyound natural causes! Seeking solutions: Penang Forum member and soil expert Dr Kam Suan Pheng giving her views during the dialogue session themed ‘Penang Fl



https://youtu.be/QB45Q2_mOG0 Suspicious activity: A photo taken from Penang social activist Anil Netto's blog showing an active s..

Monday, April 16, 2018

What parents need to know about VR ?

The hottest tech in videogames is virtual reality. Find out its potential effects on kids before buying a headset.

 
VR can make you think and feel things you know aren’t real. —Dreamstime/TNS
EVERYONE who’s tried it agrees: virtual reality is mind-blowing. Once you strap on that headset, you truly believe you’re strolling on a Parisian street, careening on a roller coaster, or immersed in the human body exploring the inner workings of the oesophagus.

But for all its coolness – and its potential uses, from education to medicine – not a lot is known about how VR affects kids. Common sense Media’s new report, Virtual Reality 101: What You Need to Know About Kids and VR, co-authored by the founding director of stanford University’s virtual Human Interaction Lab, offers a first-of-its-kind overview of the expanding uses for the technology and its potential effects on kids.

Now that VR devices from inexpensive viewers to game consoles to full-scale gaming arcades are finally here – with lots more coming soon – it’s a good idea to start thinking about how to manage VR when it comes knocking at your door.

VR can make you think and feel things you know aren’t real. Other media can give you the sense of “being there” – what’s called psychological presence – but not to the extent that VR can. This unique ability is what makes it so important to understand more about the short- and long-term effects of the technology on kids. Here are some of the key findings from the report.

Even though we don’t yet have all the answers to how vR affects kids, we know enough to consider some pros and cons. And whether kids are using vR through a mobile device like Google Cardboard, on a console like the Playstation vR, on a fully tricked-out desktop rig like the Oculus Rift, or at a mall arcade, these guidelines can help you keep any vR experience your kids have safe and fun.

Pay attention to age ratings. Check the recommended age on the headset package and don’t let younger kids use products designed for older kids. The minimum age isn’t based on medical proof of adverse effects on the brain and vision, but it’s the manufacturer’s best guess as to who the product is safest for.

Choose games wisely. Because the vR game experience can be more intense than that of regular games, it’s even more important to check reviews to make sure the gameplay, the content and the subject matter are appropriate for your kid.

Keep it safe. A few precautions: Once you have the goggles on, orient yourself to the room by touching the walls; stick to short sessions until you know how you’re affected by vR; stay seated if possible; move furniture out of the way; and have a second person as a spotter.

Pay attention to feelings – both physical and emotional. If you’re feeling sick to your stomach, dizzy, drained, or sad, angry, or anxious – give it a rest for a while.

Talk about experiences. since vR feels so real, it’s an excellent time to talk through what your kid has experienced in a game. Ask what it felt like, what the differences are between vR and regular games, and how vR helps you connect to other people’s experiences by putting you in someone else’s shoes.

Find opportunities; avoid pitfalls. Don’t let your kids play vR games that mimic experiences you wouldn’t want them to have in real life, such as using violent weapons. On the other hand, take advantage of vR that exposes kids to things they wouldn’t normally get to see, feel, and learn, such as visiting a foreign country.

Keep privacy in mind. Devices that can track your movements – including eye movements – could store that data for purposes that haven’t yet been invented. — Common sense Media/Tribune news service.

Star2 Technology  by Caroline Knorr


Related News

 

Virtual impacts reality
Virtual impacts reality
Virtual impacts reality
Virtual impacts reality


Sunday, April 15, 2018

Malay & bumiputra rural voters will determine the winners or losers of coming Malaysia's GE14

Down the wire with the Malays

- With urbanites caught up in social media debates, it will be the quiet rural folks who determine the winners (and losers) of GE14




IF you haven’t already heard this one before, it will be the Malay and bumiputra voters, mainly in rural areas, who will determine what the next government looks like.

Despite the racket from urbanites, be it in private discussions or from the many irate postings on social media, it will come down to the relatively quiet rural folks who make up the decisive voices.

Out of the 222 parliamentary seats, there are now 117 rural Malay seats in Peninsular Malaysia, following the delineation exercise – up from the previous 114 Malay majority seats in the previous general election. There are 19 seats each in Sabah and Sarawak, with predominantly bumiputra voters.

These 117 seats include the 52 constituencies in Felda settlements regarded the heartland of the Malays, where the primary concerns are racial and religious in nature.

Another election monitoring group, Tindak Malaysia, reportedly estimated the Malay majority seats at 115 – up one seat from the previous 114, before the delineation.

To form the government, all that’s needed is a simple majority of 112 seats. Prior to the dissolution of Parliament, the Barisan Nasional had 130.

Donald Trump won the United States presidency firmly backed by the rural areas, and not from that of New York, Los Angeles or Washington DC. In fact, he lost the popular vote by a bigger margin than any other US president in history, but he won, via the country’s electoral system, which saw each state assigned several votes that go to the candidate who wins the public vote in that state.

His Republican party won in what is regarded as swing states, such as North Carolina and Ohio, with huge rural votes. In fact, he won 67% of the rural American votes.

In Malaysia, our voting system is much simpler with its “first past the post” format, based after the British electoral system. Again, popular votes don’t count. But like in the United States, it will be the rural folks who will be the determinants. In Malaysia, it won’t be the traditionally anti-establishment Chinese voters in cities.

In the 2013 elections, there were 30 Chinese majority seats or 13.5% of the parliamentary seats, according to a recent news report, quoting social media analytics firm Politweet.

“The proportion of ethnic Chinese voters in these seats ranged from 52.27% (Beruas) to as high as 90.94% in Bandar Kuching.

“These seats can be found in Penang (7), Perak (5), Kuala Lumpur (5), Selangor (1), Melaka (1), Johor (3), Sarawak (6) and Sabah (2),” it said. From the 30 Chinese majority seats, the DAP won 29 and PKR one.

But Tindak Malaysia has claimed that the number of Chinese majority seats has dropped to 24. There is also another stark fact; even without the delineation exercise, the number of Chinese voters has continued to shrink sharply.

According to Malay Mail Online, despite blaming Chinese voters for the decline in votes for Barisan, they, in fact, only formed about four million of the total 13.3 million registered voters. It quoted Politweet founder Ahmed Kamal Nava as saying that the Chinese vote “is going to become less relevant to both Barisan/Pakatan Harapan over time because the Chinese majority seats are going to become mixed seats and eventually, Malay majority seats”.

The report also said that a comparison between the GE13 electoral roll and the electoral roll for 2017’s first quarter showed that the Chinese voters’ projection has already fallen by over one percentage point in seven states and in 79 of the 165 seats in the peninsula.

Going by current trends, the projection is that the number of non-Malays will continue to drop further, with some saying that by 2050, there could be 80% bumiputras and just 15% Chinese and about 5% Indians.

In 2014, 75.5% from the live birth total were bumiputras, followed by Chinese, at only 14% with Indians 4.5%, and others 6%.

Based on calculations, the Chinese birth rate at 1.4 babies per family in 2015 from 7.4% in 1957 means that their position in Malaysia will fall from 24.6% in 2010, 21.4% in 2015 to 18.4% or less in 2040.

In the 2013 elections, realising that it is the majority Malay votes that will tip the scale, the DAP readily tied up with PAS, hoping they would be able to capture Putrajaya. The DAP aggressively pushed the Chinese to vote for PAS, and many did willingly, but the pact failed to materialise. PAS paid a heavy price for sleeping with the enemy, because the rural Malays simply couldn’t accept the Rocket.

A random survey on PAS’ core voter base – rural Malays – by online portal FMT, found that many viewed its alliance with the “kafir” party DAP suspiciously.

PAS emerged a major loser in the 13th general election, managing to grab only 21 of the 73 parliamentary seats it contested. It even lost Kedah. In the 2008 polls, it secured 23 parliamentary seats.

PAS president Datuk Seri Abdul Hadi Awang must have found his dabbling with danger a painful one. It didn’t help that the relationship between the DAP and PAS had soured following the elections.

Fast forward to 2018. The DAP, again, is explicitly aware the Chinese cannot hope to dump Umno without the Malays, so a new pact with PKR, Parti Pribumi Malaysia and Parti Amanah Negara has been forged.

It is even prepared to drop its iconic Rocket symbol, its organising secretary Anthony Loke admitting the Malays are wary of it.

The test now is whether the Malays in the rural areas will accept the idea of having Tun Dr Mahathir Mohamad and Lim Kit Siang, whom the former had demonised the past 30 years of his political life, as emblems of a party taking care of their interest.

If no Malay tsunami materialises, and if the Chinese, again, place their chips on the Opposition – which seems to be the sentiment currently in urban areas – then, it will be the third consecutive elections in which the Chinese would have bet on the losing side.

The implications will be far-reaching for the community, especially if the Chinese representation in the government is weakened or non-existent when it involves legislation with religious overtones. It will also mean the possibility of being cut off from the mainstream involvement in crucial policy making and areas of development.

More so with whispers of a tie up between Umno and PAS, in some form, after the general election.

If the Barisan continues to get the mandate, as expected, DAP could end up occupying the biggest seats on the opposition bench since the rest of the Malay parties are generally untested, with PKR the exception.

Not many city folk, with the rising political temperature, want to hear or accept that this is simply a fight in the rural Malay heartland. Reality check: it will be the Malays and bumiputras who will have our fate in their hands.


By Wong Chun Wai, who began his career as a journalist in Penang, and has served The Star for over 27 years in various capacities and roles. He is now the group's managing director/chief executive officer and formerly the group chief editor.

On The Beat made its debut on Feb 23 1997 and Chun Wai has penned the column weekly without a break, except for the occasional press holiday when the paper was not published. In May 2011, a compilation of selected articles of On The Beat was published as a book and launched in conjunction with his 50th birthday. Chun Wai also comments on current issues in The Star.


Related news:

GE14: Nation going into the last mile


COMMENT | The ground is already shifting. The signs of it are everywhere.
malaysiakini.com

Economic drive: The East Coast Rail Link, which is currently under construction, will reduce the travelling time between Bentong and Kuala Lumpur to 25 minutes, boosting it as an ecotourism getaway. 

Bentong set for 'golden decade' - Nation



Related posts:
 
KUALA LUMPUR: MCA has unveiled the party's manifesto for the general election, just some 12 hours af..
NGO draws up own manifesto to assist the next state government  (From left) Anil, Ben, Dr Chee, Khoo Salma, Dr Anwar and Dr Ka...

KUALA LUMPUR: The Chinese community stands to lose the most in DAP’s strategy to wipe out the Chinese leade...
Survey: Most workers not paid enough to achieve minimum acceptable living standard Wages too lo...

Saturday, April 14, 2018

Penang Forum Planning for Penang's Future

NGO draws up own manifesto to assist the next state government 

(From left) Anil, Ben, Dr Chee, Khoo Salma, Dr Anwar and Dr Kam at the press conference to launch the Penang Forum Agenda 2018 at Penang Heritage Trust in Church Street.
(From left) Anil, Ben, Dr Chee, Khoo Salma, Dr Anwar and Dr Kam at the press conference to launch the Penang Forum Agenda 2018 at Penang Heritage Trust in Church Street. 

PENANG Forum, a loose coalition of non-political civil society groups, has come up with its own ‘manifesto’ with emphasis on three principles namely good governance, social inclusion and sustainable development.

Dubbed the ‘Penang Forum Agenda 2018’, six members shared insights into various areas that could be improved by the new state government.

The agenda, supporting transit-oriented development, walkable downtowns, mixed-income housing, public green open spaces and social inclusion was discussed by forum members comprising of activist Datuk Dr Anwar Fazal, scientist Dr Kam Suan Pheng, social activists Dr Chee Heng Leng, Khoo Salma Nasution, Anil Netto and Ben Wismen.

Khoo Salma said in the past 10 years, the state made progress on some fronts but it was over dependent on growth driven by the property sector and tourism.

“A far-sighted vision for Penang requires a paradigm shift to new urbanism, sustainable transport and environmental resilience.

“We are willing to work with the next state government to come up with different economic strategies so that we are not over reliant on the construction sector and mass tourism,” she told newsmen at the Penang Heritage Trust in Church Street after the event yesterday.

Khoo Salma urged the new government to look into making public buildings, spaces and transport accessible for people with disabilities.

“Employment and housing quotas should be fulfilled for them as well.

“Public facilities at council and state flats need to be updated to an elderly-friendly design,” she said.

Khoo Salma also urged for the new state government to adopt a comprehensive approach to the housing policy, prioritising social housing for the low-income category.

Anil said that affordable housing should be not more than three times the annual income for the middle-income group.

“It does not mean we need to stop building but we need to look at the needs of the population, we should look for property development for the two categories rather than high-end development.”

Scientist Dr Kam shared that the agenda was not only to give ideas to political parties but to survive beyond the campaigning period.

“If they like certain things or better still all of our recommendations, it would be great.

“I hope that the next state government will take a look at our manifesto and incorporate some of the ideas,” she said.

Dr Anwar said the Penang Forum Agenda would be shared with all concerned parties as well as posted online for the public to view.

For further details on the agenda visit https://penangforum.net/  by N. Trisha The Star

Penang Forum has a list of demands which it calls on Penang’s newly elected officials of 2018 to act upon and deliver. These demands are related to the three principles of good governance, social inclusion and sustainable development. Read More


Related posts:

Halt all hillslope development, Penang Forum tells state | Free ... FMT - GEORGE TOWN: The Penang Forum has repeated its call for al...

STATE exco member Jagdeep Singh Deo should stop talking only of the 76m altitude restriction and also ..
.

Strong navy steers more balanced, steady rise of China

https://youtu.be/yMdbdbU9zts https://youtu.be/WedQQeld8rE https://youtu.be/JsvlfyTyj9s https://youtu.be/vbFKyrGJU70 https://youtu.be/2Lixf9SpzxM  
https://youtu.be/4lIU5TFyc_U  
 https://youtu.be/e9O21AljMow

On April 12, Chinese President Xi Jinping, who is also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made important remarks during a naval parade held in the South China Sea. The event is the largest maritime military parade in the history of the People's Republic of China, showcasing a new height of the People's Liberation Army Navy via its Liaoning carrier battle group and the new-generation nuclear submarine. China's ability to defend world and regional peace has reached another milestone.

During his speech, Xi noted that the mission of building a strong navy has never been more urgent. This is crucial to point out in today's international environment and his tone carried a robust sense of mission.

Xi has expressed in several key reports that China is closer than ever to achieving the great rejuvenation of the Chinese nation. However, history reminds us that the closer we are to accomplishing a glorious goal, the more the pressure and risk. Building a strong navy, as well as national defense, has never been more significant to China.

After 40 years of reform and opening-up, China has risen to become the world's second largest economy. In this process, China has further advanced its unstoppable economic potential. However, China's elevated status, accompanied by its incredible progress, has attracted both friendly and hostile gestures. Thus, catching up in national defense is necessary to attain balanced growth. For any big nation, strong economic development without balanced efforts in national defense is a dangerous combination. This might give other powers the idea and temptation to subdue China with non-economic methods.

A country's navy is considered the force that bears most pressure, while also being the most active in the modern military. Despite all the military forces of a country, the navy usually stands at the forefront in crucial moments. The technologies for naval forces are complex and at a high cost, representing the refined strength of its country. Strong naval forces only belong to a powerful country, reflecting the accumulation of a nation's strength, and indicating the nation's future and destiny.

The step-by-step development of Chinese navy is steady and strong. Through the South China Sea military parade, Chinese people can see that part of China's economic strength is quickly converting to military strength. We can also predict that China's ability to convert between its strengths will be stronger in the future.

The logic of maintaining peace is different among major, mid-sized and small countries. China must objectively understand the security situations we are dealing with and build the People's Liberation Army (PLA) to show that it projects power and focuses on maintaining peace. This is an urgent task which requires racing against time.

China must ignore the noise of the "Chinese military threat" theory from some Western countries. The theory is a misrepresentation of China's role as the world's second-largest economy and its role in securing global peace. The theory is also a discrimination to China's status as one of the world's major powers.

To build a top-tier navy, China has a long way to go. To understand the enormous challenges China faces in building a blue-water navy, one should look at how other countries monitor and scrutinize China's foreign ports and naval supply checkpoints. Furthermore, China's navy needs to accumulate vast experience to become an effective instrument in China's toolbox for deterrence.

There are two essential strategic questions for China: How do we show others our determination in defending national interest under the thesis of 'China's peaceful rise'? How do we communicate our simultaneous dedication to world peace and resolution to fight aggression?

Many WWII-era ships are still commissioned by other navies around the world, and yet more than half of the ships participating in this parade started their service around the time of the 18th National Congress of the Communist Party of China. The Chinese navy has rapidly developed, and we believe it will continue to do so until it reaches its maturity. China will be more secure and the world more peaceful as the Chinese navy sails into the deep blue sea. - Global Times

Friday, April 13, 2018

China buyers eyeing Penang property in growing tourism

https://youtu.be/olQaqTyb6qo
Worthy investment: Mah Sing sales executive Victor Cheah (left) introducing the M Vista project to visitors at StarProperty.my Fair in Queensbay Mall, Penang.

Visitors checking out MTT Properties & Development Sdn Bhd’s Botanica CT Centre during the StarProperty.my Fair in Queensbay Mall, Penang.

PENANG recently come under the radar of investors from China, said Property Talk principal Steven Cheah.

“It used to be Australia that attracted their interests, but now it is Penang. So, we can expect to see potential house buyers from China at the fair,” he said.

Cheah was speaking at the sideline of the StarProperty.my Fair 2018 which opened at Queensbay Mall yesterday and will end on Sunday.

He said the China investors were interested in high-rise properties near the sea priced at around RM1mil to RM2mil.

Cheah added that house buyers were now more selective due to higher interest rates.

“Most of them will be paying attention to the new launches in the southwest district and in Seberang Prai, where it is still possible to find properties priced below RM500,000,” he said.

Cheah said with the right location, good road connectivity, product type and concept, demand for properties in Penang would still be strong.

Potential house buyers checking out BinWan Development Sdn Bhd’s Gelugor Heights during StarProperty.my Fair in Queensbay Mall, Penang. Potential house buyers checking out BinWan Development Sdn Bhd’s Gelugor Heights during StarProperty.my Fair in Queensbay Mall, Penang.

“Malaysia’s strong fundamentals augur well for the outlook going forward.

“Malaysia’s population is young with an average age of 30 to 31 years old, and many people are still looking to start a family. This is a good sign for the property market.

“There will be weaknesses in between as the market is adjusting to the supply and demand situation.

“From the medium to long term perspective, property is still one of the choice investments preferred by investors,” he said.

Meanwhile, Yew Chor Hian, who hails from Kedah, said he was interested in a high-rise property priced at around RM600,000.

“I work in Bayan Baru, so I am interested to stay on the island.

Visitors renewing The Star newspaper subscription at The Star info counter at the fair.
Visitors renewing The Star newspaper subscription at The Star info counter at the fair.

“The size and location are important to me,” he added.

Australian Ray Stubb said he was looking for a high-rise condominium.

“We are interested in getting a unit near the sea,” he said.

A total of 17 exhibitors are displaying their products at the fair, of which 15 are developers.

The developers are SPNB Aspirasi Sdn Bhd, Mah Sing Group Bhd, Ewein Zenith Sdn Bhd, Iconic Land Sdn Bhd, Regata Maju Sdn Bhd, JKP Sdn Bhd, SP Setia Bhd, MTT Properties & Development, Galeri Tropika Sdn Bhd, Devoteshens Sdn Bhd, Binwan Development Sdn Bhd, Bertam Properties Sdn Bhd, Corfield Development Sdn Bhd, Penang Development Corporation and Pembangunan Rasa Sempurna Sdn Bhd.

The other two exhibitors are Property Talk, a Penang-based real estate agency, and East West One Marketing Sdn Bhd, which is an oil palm investment company.

The Star by David Tanby david Tan


Related News  

 

A place to thrive for millennials - Metro News

The crowd checking out a scale model of The Zen project that is part of Parcel 3 of Penang World City in Bayan Mutiara. – Photos: GARY CHEN/The Star
The crowd checking out a scale model of The Zen project that is part of Parcel 3 of Penang World City in Bayan Mutiara. – Photos: GARY CHEN/The Star

 

Residential property sales improves, but overhang situation 

“The market is still soft, but things are improving following the strong economic growth in 2017,” Nordin(inset picture) told reporters after the launch of the Property Market Report 2017 here yesterday
“The market is still soft, but things are improving following the strong economic growth in 2017,” Nordin(inset picture) told reporters after the launch of the Property Market Report 2017 here yesterday

How good is property as an asset class today? - Business News 

 

Seeking viable options - Business News

 

Our cities should adopt '8-80' concept - Business News 

 Bringing smiles to house buyers