Matex Residence

[shctaw]

Sell some to buy Singapore retails and JB condos. (bad habbit as I always re-act to my chart point)

Some of my condos I bought during SARS. 3 bedrm in D15 only $315,000 during SARS. (my chart point show a low in 2004)

Why sell? Have been accumulating properties until just after lethman bros. Passive income can support great lifestyle in iskandar.

 

[shctaw]

delete.....

Hope you are not holding the new MCST retail units. Beware as many of such developments are having problems attracting volume. Shophouses in D1 will be better.

 

[shctaw]

Heard Thomson V in Singapore have problem attracting tenants. Wonder will it be a proxy toward JB retail?

Hope you are not holding the new MCST retail units. Beware as many of such developments are having problems attracting volume. Shophouses in D1 will be better.

 

[Bruceli]

anyone selling their option to buy matex ?

 

[shctaw]

No one have option. Just a booking form.

JB work differently.

First; Booking Form.
Then; SPA
lastly; S&P

Got option meh??

anyone selling their option to buy matex ?

 

[Bruceli]

is the booking form transferrable to other interested buyer ?

 

[DCputeri]

Good strategy to diversity risk. Prime properties look really cheap then. Even during lethman times for prime FH ones.

Sell some to buy Singapore retails and JB condos. (bad habbit as I always re-act to my chart point)

Some of my condos I bought during SARS. 3 bedrm in D15 only $315,000 during SARS. (my chart point show a low in 2004)

 

[shctaw]

I think you can place cheque with NS Global. They are exclusive agency for UMLand's Matex.
Their after sales service is not so good; but if you like their project then just bare with it.

http://www.nsglobal.com.sg

is the booking form transferrable to other interested buyer ?

 

[DCputeri]

You should take a look at the MCST development at Penisula Plaza. I can see new MCST of retail can be a problem with the tenant mixed. Retail works well to a large and popular anchor tenant and not all small tenants. Who will want to foot for promotion fairs, etc?

Heard Thomson V in Singapore have problem attracting tenants. Wonder will it be a proxy toward JB retail?

 

[shctaw]

Popular anchor is a must.

Bugis Plus (former Illuma) also fails without anchor tenants. Now they adjust their tenants.

SimLim Sq are those rare instant that work well. Another one is Lucky Plaza.

How I wish they create one purely for food. Like the SimLim Sq which sell computers; we have a new sq that sell all foods stuff.

You should take a look at the MCST development at Penisula Plaza. I can see new MCST of retail can be a problem with the tenant mixed. Retail works well to a large and popular anchor tenant and not all small tenants. Who will want to foot for promotion fairs, etc?

 

[yyhwin]

Popular anchor is a must.

Bugis Plus (former Illuma) also fails without anchor tenants. Now they adjust their tenants.

SimLim Sq are those rare instant that work well. Another one is Lucky Plaza.

How I wish they create one purely for food. Like the SimLim Sq which sell computers; we have a new sq that sell all foods stuff.

hey prof, latest update, they put up the boards for construction and no cars are allowed.

 

[OracleMasia]

hey prof, latest update, they put up the boards for construction and no cars are allowed.

View attachment 10433

Good news. The NSGlobal agent just told me that their Boss Norman Sia said Matex will launch in end June or July. At the moment, the price we purchase still valid.

 

[shctaw]

They keep delaying. Last time mid June,now early July.
With the booking period expired, all promise are empty promise.

Now I worry NS Global disappear overnight leaving us high and dry.

Good news. The NSGlobal agent just told me that their Boss Norman Sia said Matex will launch in end June or July. At the moment, the price we purchase still valid.

 

[OracleMasia]

They keep delaying. Last time mid June,now early July.
With the booking period expired, all promise are empty promise.

Now I worry NS Global disappear overnight leaving us high and dry.

There is no more excuse of elections. If it still delay till next year, I may give it up.

 

[Steventlk]

anyone interested in selling????

Hi guys, anyone knows if we can sell a yet to TOP property? What are the restrictions? Thank..

 

[Newbie11]

Really enjoyed the exchanges between two gurus DC and prof!!

 

[Newbie11]

Hi guys, anyone knows if we can sell a yet to TOP property? What are the restrictions? Thank..

check the s&p. Might not allow sub sale of Condo with dibs

 

[Steventlk]

Heard Thomson V in Singapore have problem attracting tenants. Wonder will it be a proxy toward JB retail?

I been to Thomson v and the retaIl is virtually dead! Got tattoo shops.., etc.. The anchor tenant plays a big role in adding value to a mixed development. Really...

 

[avelc]

OracleMasia also a guru in case you didn't know...

Really enjoyed the exchanges between two gurus DC and prof!!

 

[shctaw]

I suppose you have bought Ataska and given up on Matex?

Will never give up Matex. Will proceed as plan.

Of course I cannot rule out been "play-out" aka "screwed" by NS Global.

[video=youtube;dQw4w9WgXcQ]http://www.youtube.com/watch?v=dQw4w9WgXcQ[/video]