like someone in the forum has mentioned, likely its their strategy to wait for all booking to lapse so they can slap those who booked like us with the increased price tag
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Matex Residence
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like someone in the forum has mentioned, likely its their strategy to wait for all booking to lapse so they can slap those who booked like us with the increased price tag
hi pslim, you can contact ns global. according to them, there are quite a number of queues already - backlog for the unreleased higher floors that they cannot clear because developer has not given the green light. As they go by the queuing system -first come first serve, advise u to contact them asap if you are still keen
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Haa ...false alarm!
hmm is that condo at PH? So its a market trend ? The developer is planning something big?
New loan hard to get 90% approval, maximum 85% for Malaysians now and harder for purchasers to get loan for DIBS projects( Bank Negara is its own instruction according to Malaysian bankers that I know), they are tackling this housing price bubble from bank loan. I doubt cessation of DIBS can ever happen because of the difficulty to get this approved by the Cabinet due to conflict of interest. Most of the Developers nowadays are government linked. I would say the banks are taking safety precautions now to safeguard their own interest. So be prepared to get a lower quantum for the loan.
I donno what Umland thinking, it is getting harder for the buyers to get loan for condominium projects(especially at the luxury segment) but yet they keep delaying the launch of the project. Without DIBS, this project pricing is too steep already. Every month we have to pay around RM 2-3 K for the interest, with no rental to cover and uncertainty lies in the property market ahead. I am not talking about the cessation of DIBS but the increased difficulty to get loan approval for this kind of scheme.
BY the way, most of the banks now require us to declare Singapore loan as well, life is getting tougher for property investors and yet they keep delaying the launch.......................argh...............angry max!!!!!!
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Don be over optimistic about the luxury condominium projects in JB. I will give it a miss if they raise the price.
Same here. I am certainly not the developer’s dream client with bottomless pocket. No matter how good the salmon is, I wont pay the price of caviar for salmon
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Yeah i think so too, there are quite many new launch in JB.
Not many are 5mins walk to CIQ/3mins to CS. Few condos can beat this location
Sigh, if they launch at 1000 psf you still follow suit? We still donno what kind of package that we will get. And furthermore I heard there is a change in size and layout for all the units. I am getting impatient with this project, why so many troubles and drag so long?
yea i share your frustration. Other condo projects are so straightforward - you go, you see unit u like, u booked. nowadays gonna go through balloting, wait for developer to confirm this, that. if they launch at 1000psf, i will collect back my fee. its like taking us for a ride - make us wait 7mths, make us go through the queuing system and quote us a price that is not final. i dont remember beiing told that price is indicative back then. if they revise price upwards a bit, i gotta look at the floor plan etc before deciding. The location factor is hard to brush off - if i need to drive to reach CIQ (be it 5mins, 10mins), i might as well get a condo in more suburb areas at lower psf rather than paying city-standard psf
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yes. its the one at PH. I already got the loan approved. my funds in sg also all ready to pay. dam sickening. delay and delay and delay... now still delaying. wait until I dulan. wanna give them money also so difficult. really hopeless case. next time, if and when I buy, will only go for completed projects. if public listed company can behave like that, then I think from now on, I will tell everyone around me to stay away from buying off plans. these developers are not inspiring confidence in me.
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Hence one of my plan is to buy Midwest Ave and dump Matex all together.
Best part of Midwest is that it come with carpark and hold commercial title.
If Matex changes their price to RM1000 psf, I will not buy because I need to come out extra RM100,000 for a mistake I did not make.
Best part of Midwest is that it come with carpark and hold commercial title.
If Matex changes their price to RM1000 psf, I will not buy because I need to come out extra RM100,000 for a mistake I did not make.
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Sell units + sell carpark lots. Inch soil like gold:p
Thanks!
. Appreciate that.
Maybe its.awaiting clearance from the auhthority. Nego how much coffee money to settle haa. Yes there is a risk of buying wip projects but i thought reputable developers should be no problme. Then i came across umland and your incident - and i was wrong
True, the no carpark factor is a letdown for this project.
Like hk and overseas system
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