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Matex Residence

Discussion in 'A Singaporean's guide to Living In JB' started by graveyard, Dec 13, 2012.

  1. graveyard

    graveyard Alfrescian Old Timer

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    Hi people, anyone here vested in this new project by UMland opposite City Square in city? Got a 2 bedders and just want to get to know future neighbours
     
  2. shctaw

    shctaw Alfrescian (Inf)

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    Too early for this thread.

    Developer themselves also don't know about this project.

    :p
     
  3. graveyard

    graveyard Alfrescian Old Timer

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    OMG, did i buy a non existent project!!? haaa .. I did called up UMland HQ in KL, they know la. Just not much details as they are planning for official launch Q1 2013
     
  4. Newbie11

    Newbie11 Alfrescian Old Timer

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    the project where agent collect fees from buyers.
     
    1 person likes this.
  5. siacw

    siacw Alfrescian Old Timer

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    seems like nowadays developer don't care local buyer anymore. Launch the product in SG but local msian don't know anything about this project.
     
  6. graveyard

    graveyard Alfrescian Old Timer

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    yesss. and the fee is not cheap at SGD5K. Well quite a turn off but i just treat it as stamp duty pymt for a subsale as developer absorbs the fee for this project if that is going to make me feel better haa
     
  7. graveyard

    graveyard Alfrescian Old Timer

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    developers are just profit maxi
    Developers, like other non charitable organization, are profit maximizing and they wont care who you are as long as they milk $$ from you. I feel weird also that as a
    Malaysian, I have to deal with a Singaporean company to buy land in my own home country. But its ok. I do feel good abt the purchase overall
     
  8. avelc

    avelc Alfrescian Old Timer

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    How are prices like for Matex?

     
  9. graveyard

    graveyard Alfrescian Old Timer

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    Around 900psf now for 2 bedders. One bedder slightly higher. I missed the 1st preview where they released few floors..heard was 830+psf for 2 bedders then.
     
  10. Newbie11

    Newbie11 Alfrescian Old Timer

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    beside city sq is more appropriate
     
  11. Newbie11

    Newbie11 Alfrescian Old Timer

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    1st release buyers dont get Free loan stamp duty
     
  12. graveyard

    graveyard Alfrescian Old Timer

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    u are right. its actually opp komtar which is next to city square
     
  13. graveyard

    graveyard Alfrescian Old Timer

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    ohh. didnt know that. did u buy or u enquire durin 1s release?
     
  14. shctaw

    shctaw Alfrescian (Inf)

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    [video=youtube_share;zGCCR97gRxY]http://youtu.be/zGCCR97gRxY[/video]
     
  15. shctaw

    shctaw Alfrescian (Inf)

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    [video=youtube_share;kXiT42xAzkA]http://youtu.be/kXiT42xAzkA[/video]

    Some snipe preview of the layout....:cool:
     
  16. shctaw

    shctaw Alfrescian (Inf)

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    [video=youtube_share;Z7ontsuovGY]http://youtu.be/Z7ontsuovGY[/video]

    Surrounding area within 50m of Matex Residences.
     
  17. shctaw

    shctaw Alfrescian (Inf)

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    [​IMG]

    Matex Lands consist of three (3) pieces of freehold commercial land measuring in aggregate approximately 6,026.4105 square metres held under Geran 118688 Lot 1197, Geran 118689 Lot 1199 and Geran 99571 Lot 1201, Bandar Johor Bahru and District of Johor Bahru, Johor Darul Takzim.

    The Matex Lands are prominently located in the Johor Bahru Central Business District ("CBD"), which is within easy access to Singapore. It is sited adjacent to Wisma LKN and opposite of Kompleks Tun Razak (KOMTAR). Notable commercial developments in the immediate surrounding include City Square, Puteri Pan Pacific Hotel, Kotaraya Shopping Complex, Public Bank Tower and Pan Global Plaza.

    The supply of the commercial units and serviced residences is relatively low in Johor Bahru City and the prospect of demand is encouraging especially from locals and Singaporeans.

    Due to its strategic location and untapped niche demand within the CBD, the Proposed Matex Development will have a good prospect.
     
  18. shctaw

    shctaw Alfrescian (Inf)

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  19. shctaw

    shctaw Alfrescian (Inf)

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  20. shctaw

    shctaw Alfrescian (Inf)

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    Very nice.....:cheers:

    [​IMG]http://www.starproperty.my/PropertyScene/TheStarOnlineHighlightBox/25880/0/0

    http://allmalaysia.info/2012/04/02/sungai-segget-project-to-transform-johor-baru-city-centre/

    this will be strongly beneficial to Matex.
    seems the RM1.8 b has already been approved for the project and work will start early 2013.
    wonder what the local JB folks think about this project as several years ago they spent a few millions to cover up the river and did some transformation to "beautify" Jln Wong Ah Fook but failed.
     
    Last edited: Dec 13, 2012

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