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Matex Residence

FHBH12

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Many Units. Even floor 9 to 20 floor, there is units avaliable. Not hot anymore as high price and no foreign buyers now due to Iskandar cooling measures. Banks in Johor had stopped offering loans for property below RM$1 mil. This is a foreign buyers targeted projects.

Good chance for developer to offer "discount". Early buyers could be burnt if sales is still poor by the end of this year.
 

OracleMasia

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Good chance for developer to offer "discount". Early buyers could be burnt if sales is still poor by the end of this year.
Maybe but small possibility. Till date, 40% sold. In fact, they already made enough. I reckon the rest of the units sold is all profit. They may convert the rest to service residences to be operated by Amari Hotel as well if it doesn't sell.
 

Davis

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This 40% consist of only 26 floor or does it include all the units? someone mentioned 26 floor above not open out yet.
 

Davis

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oh.... if it doesnt consist of the 27 floor and above , then the units sold is more than 40%.....why they block the 27floor and above?
 

Polaris

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My appointed lawyer has not been responding at all since i signed the bank agreement. Not sure if they are still operating. Lol....
 

OracleMasia

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I checked with UMLAND Finance. They can't bill the progress payment as all the state consent for the buyers is still not approved.
 

invest888

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So what are they pending for? What happen to state consent? Don't tell me they will not approve the deal since it is below 1Mil. Sad !
 

OracleMasia

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UMLAND is setting up a sales office in Singapore to promote their products.

Seri Suasana
#01-02
ANSON HOUSE
SINGAPORE 079911

I received a invitation from them. Opening ceremony on 23 May 2014 5pm.
 
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