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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.

Btw, they will make very huge profit from this project with today's pricing. They bought the land long time ago at dirt cheap price.

They had already started the construction long ago. The foundation is already completed. It will just takes time to sell.

what kind of pricing is reasonable?

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.

not sure. Likely lease hold strata.

My guess is money printing, increasing money supply for those subsidies (e.g fuel, sugar, etc).

I got call from E&O , that it is launching Avira Medini in April 2014. The first phase is a three storey terraces, likely above RM$1 mil. Like to get opinions/view/discussions on this project. Attached is a articles I found on web regarding Avira. http://avirawellnessresort.wordpress.com/

I saw the latest sales status for Suasana Iskandar Matex last week. They only sell/opened up to 26 Storey. For 26 Storey, it is about RM1,200 psf already. From 21 to 26 storey, few are sold.

http://investjohor.wordpress.com/2014/03/06/irda-extended-special-tax-benefits-to-develop-pinewood-vantage-bay-and-danga-bay/ Looks like there is a few more medini.IRDA, Iskandar Regional Development Authority extends tax holidays and incentives to three more nodes in Iskandar MalaysiaPETALING...

I think for high end condos in Iskandar, may be a problem when selling in the future as these are really catered for foreigners. As for landed between $500K and $1m, it is not really a problem for Malaysian to purchase in term of affordability.

Brand new show gallery in Singapore. This show gallery will likely be ready for viewing at around 20 Feb 2014. They are selling the condos first called skie. I am more interested in the shops.

anyone gotten their state consent approved for Matex?

There is this Merlin tower with retails, office, hotel , connected to City Square by sky brigde(such prime location). But it was plagued by vice, mismanagement. Wonder will any big fish buy and transform it? OHOR BAHRU COMPLEX/RETAIL LOT for Sale RM 1,000,000<iframe style="border...

Like to discuss on Excellent Shop Lots for investment and rental. The criteria is high human traffic with excellent rentability to top-tier tenants such as banks, fastfood, etc. One area I am interested in the future is Shop lots in Vantage Bay. Any recommendations?

NSGLOBAL seling Suasana at Malaysia Property Show (Marina Bay Sands) this weekend. Few buyers

Normally, MRT/RTS station will not be so near the waterfront as there is risk of land lowering and future expansion. If they need to reclaim land, it will take years and will not be in time for 2020. Hence, I suspect it might not be in Tanjung Puteri at all. It could be near JB sentral as they...

Too many changes in a short period of time scare investor away. Changes in RPGT, foreign limit, weekend . All condos >$1k psf to have slow sales from now onwards.

It is Huttons.

I saw this advertisement on facebook. Price quoted is now $1.2K , 20% more than I paid. Johor Bahru PropertyW Property Marketplace SUASANA ISKANDAR MALAYSIA -located on Jalan Trus, within Johor Baharu's tourist belt and walking distance to the Customs, Immigration and Quarantine (CIQ) complex...