Agree that Matex and Sky88 is different products.
For those without car but want to stay in JB and working in Spore (Working Class - Malaysian from KL, Penang, etc, Matex may be a better location for renters.
This group is actually large and set to increase if RTS is implemented. The rental in Spore is just too high.
Nearer to RTS, CIQ, City Square and Komtar shopping centre just in front...people will look for convenience.
I got greater confidence in Matex in term of rental.
The car restriction make a natural barrier.
If you are Singaporean/Spore PR/Foreigners working in Spore, you can't drive Malaysia Car into Spore.
You can drive Spore car but Spore car is so expensive.
I am very sure this restriction cannot be removed.
Hence it is difficult for those who do not have Spore car to live in places further from the CIQ. That's why it makes property like Matex very viable.