The complain by kampung folks when price increases "What USD go to with us, we only used MYR only mah"

Business is business, they can have a million reason to hike the price, and most of time it doesn't even need to make sense. Oil price up , inflation, oil price down, ringgit depreciation. So either way price is up.

But back your concern on the USD impact on either the cost of materials or the quality of BSS houses is irrelevant.

This post has been edited by neonikson1: Sep 29 2015, 01:11 PM

Irrelevant?
If the the developer absorbed the extra cost, then all fine and good
but if they chooses the other road

I notice a house selling at RM450k Melody Version Seremban 2 property. If not mistaken still no taker yet and probaly it is near high tension cable and Small in Size 20 x 70.

"芙蓉達城巴力丁宜華小新任董事長張錦祥承諾，在經過金群利策劃下，該校4層的學術樓已接近完成，他承諾將會竭盡所能，帶領其新領導團隊，推動校務發展，交出亮眼成績單。

不過，他披露，雖然該校目前已積極招收新生，但招收人數並不理想，但他相信隨著達城迅速發展，將會吸引更多居民入住，屆時將會有居民把孩子送往該校入讀。"

http://mykampung.sinchew.com.my/node/378776?tid=7

It seems like BSS already have many phases of house VP more than 3 - 4 years .. How's the occupancy rate so far?

Completion Date
• Idaman Villa: 2008
• Nusari Bayu 1: 2010
• Nusari Bayu 2A: 2011
• Atiya: 2011
• Idaman Bayu: 2011
• Nusari Aman 1A (Argenia): 2011
• Medan Nusari Shops: 2011
• Nusari Aman 2A (Amelia & Miconix): 2011
• Nusari Aman (Cosmoxia & Cosmonix): 2011
• Nusari Aman 1B (Natronix & Natronia): 2012
• Nusari Bayu 3 (Helonix & Helonia): 2012
• Nusari Biz Shop Office: 2013
• Nusari Bayu 3II (Helonix & Helonia): 2013

This post has been edited by samkps: Sep 29 2015, 06:07 PM

Irrelevant as in they do not have direct transactions in USD, that alone is giving the company a much lower risk compare to developers whom are importing materials from overseas.

Property prices keep increasing, hell yea! if not, how do you think people make money from property?

Cost of material is increasing, cost of labour is also increasing, what's new?

There are MACRO factors that we can't control!

I don't see a point to argue over the depreciation of MYR here as this is a general problem that not only Matrix will be affected, not even just property development industry, but it is affecting the whole Malaysia.

Here is a better place to discuss the Falling of Ringgit:
https://forum.lowyat.net/topic/3461956

This post has been edited by neonikson1: Sep 29 2015, 06:41 PM

Near High tension is always a No No.

New area, 1st year of intake, give it some time.

I believe earlier phase owners are mostly non chinese.

That's why BSS has fulfilled all their bumi quota and all new phases has no bumi units anymore.

This post has been edited by neonikson1: Sep 29 2015, 06:42 PM

IKA bro, by the way, have you verified that BSS Development Sdn Bhd is a RM2 company like what you said?

Please help us to confirm ya!




This post has been edited by neonikson1: Sep 29 2015, 06:38 PM

I guess so as well. Otherwise if a chinese primary school given to chinese populated place Sungai Long, for sure will be crowded.

Those Felda Sendayan settlers are given 493 bungalow units in BSS & its mostly bumi

Yeah... waiting for BSS to become Sg Long some day.

This post has been edited by neonikson1: Sep 29 2015, 07:10 PM

Wah... how come you can be so precise on the number of bungalows given? Must be Super Memory!

I also stay in kampung, but a different kind. I guess we all do, in a way, in global village.

http://www.tradingeconomics.com/malaysia/housing-index
Would this index turn negative?
Happen in 1998/99. History always repeat itself.
It feels worse in 1985-86, but for the above link, the data doesn't go back that far.

That is a big risk to take, when you have no control, especially when there are other choices abound.

no leh juz google only

My apologies. I shoot my own foot. Mouth too big.
Now i will go hide my head in the sand for this shameful behavior and will never come to this forum again.

neonikson1 bro, please go to ROC/SSM and request a copy of the company statement and post it here, so we all may learn more.

cheers and good luck.

Your images of 3 leang lui are too distracting to read ur post, my eyes keep looking at the leang lui instead of the text.

No need to hide yourself. A mistake made here is not fatal, just learn from it.

Request from SSM cost money, no need lah. I have checked with the developer, they are a company with RM5,000,000 paid-up capital, which RM2,500,000 fully paid.


If anyone still have doubt about this they can request the company statement from SSM.

https://www.ssm-einfo.my/

BSS Development Sdn Bhd (689638-x).

This post has been edited by neonikson1: Sep 29 2015, 08:33 PM

Hey .... why did you dig out such an old post of mine???? Paiseh leh....