Enjoy reading!


Attached File(s)
 Matrix_IPO_Prospectus_Launch_Slides_print_FINAL_130507.pdf ( 2.54mb ) Number of downloads: 66

Bandar Sri Sendayan FDI magnet

By theedgeproperty.com | March 4, 2013 6:30 PM MYT
TAKE the North-South Expressway towards Seremban, the capital of Negeri Sembilan, and about 10km from the town centre is Bandar Sri Sendayan.

The developer, Matrix Concepts Holdings Bhd, has its hands full to make the developing township — first featured by City & Country in 2011 —not only appealing to investors, but also meet market demand and fulfil the state's aspiration in attracting foreign direct investments (FDI). Bandar Sri Sendayan has attracted an impressive RM2.1 billion worth of FDI to date.

The township, with a gross development value (GDV) of RM5 billion, sits on 5,233 acres of freehold land and will take 10 to 15 years to develop. BSS Development Sdn Bhd, a subsidiary of Matrix Concepts, is overseeing the project, made up of a residential and recreational component (35%), commercial and institutional (10%), industrial (20%), a Royal Military Air Force base (14%) and an orchard (21%).

Matrix Concepts chairman Datuk Mohammad Haslah Mohammad Amin tells City & Country that 314.6 acres in the 1,000-acre industrial estate, called Sendayan TechValley, have been sold to date to nine companies from Taiwan, China, Japan and France. The parcels were sold at RM12 to RM26 psf.

"A few international companies from Austria, Germany, US and the UK are also interested," he says. "The Austrian and UK companies are big and their requirement in terms of land space is also huge. They are looking at 50 acres of land each, and have budgets of not less than RM600 million."

Some 676.5 acres in TechValley are available for sale, with the developer keeping 485.1 acres for future projects.

About 20% of the industrial land for sale will be used to build detached industrial lots, semidee lots and other industrial components, to be launched in the third or fourth quarter.

Haslah says that since 2004, the amount of FDI flowing into Seremban has increased as Negeri Sembilan becomes increasingly investor friendly. In 2011, the state was ranked third for attracting FDI into Malaysia. The Malaysian Investment Development Authority (Mida) has been heavily promoting Sendayan TechValley.

"The reason why all these foreign companies have come to our township is that we have the only industrial estate in Negeri Sembilan," Haslah says. In terms of industrial area size, TechValley is larger than the industrial estate in Bandar Enstek at Sepang, Selangor.'

Matrix Concepts is putting in a lot of effort to make TechValley appealing, planting greenery along the roads and putting up cycling paths. It spent RM9 million to add a 15km natural gas line to the TechValley with the cooperation of Gas Malaysia Bhd. This was to accommodate a request by French company Messier-Bugatti-Dowty but Haslah says this will benefit other companies that require an alternative source of energy.

A wholly-owned subsidiary of Safron SA — a multinational aircraft and rocket engine, aerospace component and security company —Messier-Bugatti-Dowty is the world's largest manufacturer of aircraft landing gear. It is involved in the design, development, manufacturing aof all types of aircraft landing gears, wheels and brakes. The company plans to manufacture aero brake discs in Sendayan TechValley.

Another reason why Sendayan TechValley is drawing foreign companies is that it is only 90km from Port Klang, Selangor, the main gateway by sea into Malaysia. It is also near the Nilai Inland Port.

The land price is another factor as the cost in Negeri Sembilan is still in the double-digit range at an average of RM26 psf, compared with RM100 and above in the Klang Valley.

Menteri Besar Datuk Seri Utama Mohamad Hassan also takes the time to greet foreign investors, which helps to reassure them of the state's commitment, says Haslah.

The developer is also banking on companies that are moving into the industrial area to spread the word and attract others to set up shop there.

"Messier-Bugatti-Dowty is the third largest conglomerate in France," says Haslah. "Since this is its first venture into Asia-Pacific, we're hoping other companies will follow suit."

The developer hopes to keep the momentum going. Haslah suggests that Mida and other agencies play a more active role in helping to attract FDI, for example, by highlighting recent events on the international front that can work to Malaysia's advantage. These include the recent floods in Thailand and the dispute between China and Japan over the Senkaku islands.

"One reason why Nippon Kayaku, an air-bag manufacturer, decided to invest in Malaysia was because of the recent Japan-China island dispute," Haslah says.

Tension between the two countries soared after the Japanese government bought over the Senkaku islands from its private owners in September. That caused violent demonstrations in China, with protestors even setting fire to Japanese-made cars.

"We should take advantage of foreign situations such as these," says Haslah. "Other situations, like the Thai floods, should also be used to our advantage."

The other Japanese companies that have decided to set up their plants in TechValley are Akashi-Kikai/Daihatsu Motor (electronic auto transmission), Daihatsu Motor (automotive), Meditop Corp (M) Sdn Bhd (medical equipment, Hino Motors (truck assembly and engine block) and MBM Resources/Mitsubishi (automotive).

Outlook

In terms of residential property, demand in Bandar Sri Sendayan is strong, particularly for 1-storey terraced houses. The first residential launch was Nusari Homes, launched in 2008.

"All of our buyers are owner-occupiers and not speculators," Haslah says. "That's why our price appreciation is gradual ... over a period of five years."

One-storey terraced homes at Nusari Bayu 1, launched in 2008 for RM82,000, were going for as high as RM103,888. in 2010. Two-storey terraced homes at Nusari Aman 2A, initially sold in 2009 for RM208,000, could fetch for RM224,301 in 2011.

The most recent launch was the Ivanix Park Homes @ Idaman Bayu 2, in October 2012.

Since 2012, there has been a shift in the buyer profile, with 40% of the purchasers from the Klang Valley. Previously, buyers were mainly from the Seremban area.

"They are coming here because of the improved infrastructure and convenience of the Kajang-Seremban Highway (LEKAS), North-South Expressway and the eventual Senawang-KLIA Expressway," says Datuk Lee Tian Hock, group managing director and CEO of Matrix Concepts. "This accessibility allows them to work in the Klang Valley and live in Seremban."

As Bandar Sri Sendayan slowly transitions from offering medium-end products to more high-end projects, real estate values in the surrounding areas are expected to benefit.

Upcoming facilities

According to Lee, Bandar Sri Sendayan's growth has been tremendous. "Over the past one year, we have undertaken two projects — the 1Sendayan Club and Matrix Global Schools."

1Sendayan Club is a leisure and business club on seven acres of freehold land that is scheduled to start operation in 2014. It offers an Olympic-size swimming pool, Jacuzzi, water-sports station, tennis and badminton and squash courts. The club will also have a bowling alley, as well as a games room, gymnasium, food and beverage outlets, and other amenities.

Purchasers of the township's residential units will be offered free membership and be given the option of renewal after a certain period. Membership will also be open to the public.

Matrix Global Schools will have a private primary school, a secondary school as well as an international school offering the Cambridge syllabus from pre-school to year 13. The school complex sits on 20 acres and will have an estimated built-up of 550,000 sq ft. Expected to be completed by September 2014, it can accommodate 2,100 students, with the first intake slated for 2015.

Lee says the schools will be managed by Matrix Concepts' new education subsidiary, 1Sendayan Education Sdn Bhd. A consultant with a 20-year track record in education management has been engaged.

"Seremban has never had an international school," says Lee. "We found that a lot of professionals working in industries and international manufacturing facilities would rather stay in the Klang Valley because of this."

Another pull factor Lim is proud of is the green space that has been allocated within the township. The government's guidelines state that 10% of a land that is developed must be allocated for green space, but in Bandar Sri Sendayan, 30% has been set aside. That includes a two-acre orchard belonging to Federal Land Development Authority (Felda) settlers. This means the township will have a green lung of some 1,600 acres.

The developer had purchased nearly 4,000 acres from Felda settlers for Bandar Sri Sendayan. The compensation package involved a 50% cash payment, a 1-storey bungalow with a land area of about 10,000 sq ft, and a 2-acre orchard, said to be worth a total of RM600 million.

Some 90% of the township's infrastructure has been completed.

About 12 projects are under construction, comprising 2,079 units of 1- and 2-storey terraced houses as well as shopoffices. The overall take-up rate is 92%. Some 4,483 units will be launched between 2012 and 2016.

The developer is also looking at creating some mini-theme parks but these are still in the planning stages according to Lee.

"As Bandar Sri Sendayan reaches full maturity in 2019, we anticipate a population of 100,000 made up of both owner-occupiers and those working in the township," says Lee.

Matrix Concepts owns 2,500 acres in Negeri Sembilan and Kluang, Johor, that will last it until 2019.

Haslah says the company will keep an eye out for land in the Klang Valley and hopes to have a presence there someday.

Matrix Concepts was established in 1996 with core activities in investment holdings, property development and construction. The group has completed and sold 15,000 residential and commercial properties with a GDV of RM1.8 billion to date. Completed developments include Taman Gadong Jaya in Seremban, Taman Intan Perdana in Port Dickson and Bandar Anggerik Tenggara in Johor.

The company has received the Securities Commission Malaysia's approval to be listed on the Main Market of Bursa Malaysia and expects to make its debut in the first half.

According to its prospectus, it will issue 62.5 million new ordinary shares worth RM1 each with an offer for sale of 37.5 million ordinary shares.


This story first appeared in The Edge weekly edition of Feb 11-17, 2013.

http://www.theedgeproperty.com.my/content/...ayan-fdi-magnet

http://www.chinapress.com.my/20151108/%E5%...96%8F%E6%95%A3/
Why heavy industries are good to have in a residential area.

Don't simply say lah.... Is this article talking about Sendayan ?

You know Chinese right? 新那旺工業區.... Where is that?

Somemore....
Not any heavy industry, Sendayan Techvalley only focus on tenants with clean technology. Meaning smoke free n low emission of co2.

http://siteselection.com/issues/2012/sep/malaysia-ip.cfm

This post has been edited by neonikson1: Nov 11 2015, 02:24 PM

Well, KA never apply this, everyday other than burning chemical wastes will be incinerating wastes
And 2012 article won't be applicable for today.
A factory that making brakes will have other bi-products such as brake dust which is a good cancer causing agent.
A rubber factory needs acid to manufactures its rubber gloves.
A steel manufacturing factory will generate tonnes of NOX and SOX which is the active ingredient for acid rain.
TMC is another waste recycling facility that will be recycling precious metals from circuit boards and never mention on what will happen to the materials that has no value.
The above have 1 thing very common, they have huge amount of industrial waste to dump

Talk is cheap, please show proof.

Not only for the above, the below allegations are also pending for your proof and verification (from post #516, author waiwai79):

- Seremban doctors cover the KA story.
- BSS residents promote KA. (Please show me the evidence, stayed at bss not means support KA. If this logic can be work, i can say you support corruption because still stayed at Malaysia)
- People like to stay with Lynas in Pahang
- Agent wish residents get sick
- Hassan is the owner of Matrix. (Check it out lah... Matrix not equal to BSS)
- FDI in high tech factory = bring in more foreign worker and no positive impact.

This post has been edited by neonikson1: Nov 11 2015, 02:45 PM

Why not you show proofs that those companies will only hire locals? Even the photos you put in to boast around also shows they will hire foreigners only
The land is own by state government.
And Dato lee is a proxy to Hassan, is a fact that all Serembanian knows

Ai... brainless... talk is cheap....

Is you that are brainless, you already provided a photo that telling us that those factories only hire foreign labors as workers, so is you to show proof to state your lies otherwise.
But again, you are telling lies or I'm telling facts will be known soon, after they open for business
So no need to jump straight to conclusion to hide your fear because you are cheating here

That's why i say you are brainless! They are 100% foreign owned company, so what if they hire foreign workers? I am sure they don't want to hire you.

What lies am i telling? OMG, you were making baseless accusation and we have to work hard to proof you wrong. You are really living in another world...

Which photo are you referring to? Are you sure that photo is posted by me? Check before you speak lah, annoying sound.

But what exactly is wrong with hiring foreign workers? I still couldn't figure out your brainless logic. Foreigners come to Malaysia to earn and living, Malaysians are also overseas making a living. But you call people thieves! Brainless...

Some more your points are old and stinky, waste and smoke. Are we in the environment forum here? Until you have newer things to say i think we have got enough of your grandfather stories.


Come on, your objective for bashing this thread is to close down KA, but BSS has nothing to do with KA and BSS property keeps getting sold off. So obviously your method is not effective, and you are wasting your time and effort and our time and effort here without achieving your goal. Use your time wisely, don't waste time, since you are so passionate about it, go and join DAP or UMNO and influence and lobby the top people to close down KA, be the best friend of Hasan, that's more meaningful and people of Seremban will thank you for that.

Strategy man, is all about strategy.

This post has been edited by neonikson1: Nov 12 2015, 12:44 AM

So now you are telling the fact that it won't benefit local people where earlier you are telling lies that they will hire local people
Now is you bust your lies, not me

Please use your tiny little brain to read carefully, i said WHAT IF! Aiyo.... difficult lah talking to brainless people.

If you talk like this, You win liao loh...
As a high tech factory, need the QA, QC, Production / Process Engineer, Equipment maintenance Engineer, HR, Warehouse, MRP planning, HR, Finance.. All dept can run with foreign labor, RM1000 minimum wage seem like worth it.... Supersound is the no 1 factory manager in Malaysia to run high tech factory with only low cost foreign labours..
Since you so expert in this field, I can't say anything.


Some fact for you instead of just say all serembanian knows.
For the BSS land, it was purchased by Matrix from State government with RM7 psf at 1995
Accordingly to the latest equity research report from AllianceDBS on 3 Nov 2015,
Main shareholders of Matrix:
Dato Lee - 41.7%
Ho Kong Soon 5.1%

Annoying sound... actually i am the proxy of Menteri Besar!

No lah... Just joking lah!

Don't ask people to proof you wrong, your work is easy, just simply make a irresponsible baseless statement then people have to do loads of research to proof you wrong. But since you are always wrong, why don't you study the facts before you speak.

For your weekend reading pleasure. Find out who are the shareholders yourself.

This post has been edited by neonikson1: Nov 12 2015, 10:35 AM


Attached File(s)
 Matrix_Annual_report_2014.pdf ( 2.86mb ) Number of downloads: 10
 MATRIX_AnnualReport2013.pdf ( 2.18mb ) Number of downloads: 4

another round

大臣：利惠土著發展商 州政府不被罵‧新房屋政策3贏
2015-11-17 14:21


（森美蘭‧芙蓉16日訊）森州務大臣拿督斯里莫哈末哈山指出，州政府今年落實的新房屋政策雖把土著房屋固打從原來的30%提高至50%，但同時亦推出可負擔房屋，這可讓更多土著有能力購屋，並相信會有七八十巴仙的土著有能力購買可負擔房屋。

大馬房地產發展商會森州分會位於芙蓉新城的新會所大廈比之前的會所更為寬敞，吸引森大臣細閱商會的歷史簡介資料。（圖：星洲日報）

他坦言，在新房屋政策還未落實前，發展商須興建30%的土著房屋固打，但價格都是介於七八十萬令吉，土著根本負擔不來，而有能力購屋的土著寧可購買開放房屋單位，土著房屋單位不受歡迎，讓許多發展商懊惱不已。
“如今，新房屋政策要求發展地段超過10英畝的發展商，必須興建50%的可負擔房屋，屋價介於25萬至40萬令吉之間，這相信會深受土著歡迎，發展商無須擔心土著單位無法售出。”

莫哈末哈山今午為大馬房地產發展商會（REHDA）森州分會會所大廈主持開幕儀式後，在新聞發布會上，這麼指出。
建廉屋可轉換可負擔屋
森大臣也透露，一些之前已獲准發展，但尚未進入發展階段的發展商，原須興建30%廉價房屋的條件，亦可轉換為興建可負擔房屋，“惟州政府只允許他們興建8萬令吉以下的可負擔房屋單位而已。”

一些發展商對於8萬令吉以下可負擔房屋面積需逾千平方尺的規格，略有不滿，莫哈末哈山補充，8萬令吉以下（C型）可負擔房屋的面積只要不少過900平方尺即可。
一房式廉屋不符要求

他強調，一房式的廉價屋已不符合現代的生活，沒有人願意住在一個“鳥籠”內，而經州政府多番研究後發現，高昂的生活費，包括屋價和公共交通費用，是造成人們無法負擔購屋的因素，因此才會有推出新房屋政策的決定。
“我相信，新房屋政策是一項三贏政策，可解決發展商、州政府和人民之間的房屋問題。
這項政策可以幫助人民達到居者有其屋的夢想，也可解除發展商不必擔心建廉價屋蒙受虧損的煩惱，而且，人民也不會因為生活負擔過重而怪罪於政府，這是皆大歡喜的方案。”

“宏願谷”料令GDP增長
莫哈末哈山也表示，森州至今的國內生產總值（GDP）已達到5.2%，他相信明年“宏願谷”計劃的開跑，這股發展聲勢會令森州的生產總值按年增長2%，直至2045年，每年可達至7或7.5%。
他也說，他將在即將舉行的森州立法議會上提呈“森州2015至2045年現代化及發展政策”，讓森州可以與時並進，邁入現代化發展。
孫興存：森去年房產交易排第五
大馬房地產發展商公會副主席拿督孫興存表示，國家產業資訊中心（NAPIC）的市場報告顯示，森州在2014年的住宅交易總數與價值分別居於第五和第六位，領先國內一些較大的州屬。

“這是一個正面的現象，相對較小的州屬正迅速成長，同時具備到位的規劃和預算，我們可預見森州接下來30年的成長將是現在的一倍。”
他補充，雖然許多人預測因為全球性經濟低迷低靡和充滿不確定性，明年產業市場的走勢將會放緩，不過森州對買屋者來說，還是一個可負擔且吸引的理想置產地點。
黃麗萍：商會贊成新政策
森州分會主席黃麗萍指出，對於房屋土著固打制從30%增加至50%，商會贊成這項新政策的落實，但仍希望州政府視各發展商能力而定，一旦房屋固打無法出售，仍可通過其他管道把房屋脫售，避免讓發展商蒙受虧損。（星洲日報‧花城）


點看全文: http://mykampung.sinchew.com.my/node/391578#ixzz3rjFOhOQ3
Follow us: @SinChewPress on Twitter | SinChewDaily on Facebook

May I know how can I contact/e mail top management of Matrix Group. Need to suggest to them on improvement potential to BSS townships.

There is a saying

"Never argue with stupid people, they will drag you down to their level and then beat you with experience.”

― Mark Twain




This post has been edited by enkil: Nov 27 2015, 11:57 PM

wah I don't see supersound comments in lyn?

He got suspended or what?

Read this in their website, share here for your perusal.

BSS future launch in 2016

1)Hijayu 3C, 38.4acres , 441units double storey terrace (DST)

2)Hijayu (Resort Homes) Phase 1B, 5 acres, 30 units double storey semi-D (DSSD)

3)Hijayu (Resort Homes) Phase 2 & 4, 74.4 acres, 136DSSD & 308 DST

4) Sendayan Merchant Square 1 (Phase 2)

5) Suriaman 1 (Phase 2)

6) Suriaman 2

7) Sendayan Metropark 3

8) Sub Centre @ Sendayan Tech Valley 1A

Total unit launch: 2,410
What a hectic year for Matrix and those move in after 2018 will see most infrastructure is up

This post has been edited by BSS30112015: Dec 15 2015, 09:37 AM