Bandar Sri Sendayan, Seremban by Matrix Concepts Holdings Berhad





Located within the Greater Klang Valley Conurbation in Seremban on 5,233 acres of freehold land, BANDAR SRI SENDAYAN is planned and designed with one thing in mind, comfortable living. A premier integrated development made complete with ample facilities and amenities, BANDAR SRI SENDAYAN is without a doubt a sanctuary of tranquil tropical living, wholesome values and most importantly, a sense of community. Families find it an oasis of fulfillment; businesses see it as a world of promising opportunities. For us, it is simply about giving you a safe and serene environment to go home to & indulge.



As many would have to queue up to get the best things in life. Here, the best is lined-up at your doorstep. Rich in its community planning and strategic landmark, opportunists are making their way here even as we speak. Bandar Sri Sendayan is blooming into the next future of Seremban township being sought after by investors within the Greater Klang Valley conurbation. We emphasis on better living so you can enjoy spacious, comfortable & convenience within an up-coming matured 5,233 acres township planning.




Sendayan Green Park





A 26 acres lush park, Sendayan Green Park is design to create community interaction and encourage activities for all ages. It offers facilities such as an amphitheatre area, football field, skating area, themed gardens, viewing tower and platform, yoga and tai chi lawns, gazebos, active and passive fitness station and more.

Ongoing efforts are dedicated to individual neighborhood gardens where children may enjoy their merry little activities in safe seclusion, and families gather in the spirit of communion. Basketball and badminton courts, jogging paths, exercise stations and children playground are provided so that the young and old alike may engage in their favored activities. Anticipating the wishes of every homeowner, we made that our mission.


Matrix Global School













http://www.matrixschools.edu.my/index.html

Matrix Global Schools comprise of Matrix Private School, Matrix International School and Matrix International Pre-school. Our schools share one campus, one vision and one mission. Our philosophy is to challenge our students to be intellectually curious, responsive and persistent; to be committed and expressive towards their ideas. Our goal is to ensure all will become articulate, courageous and develop a realization that the world is their classroom and that our lessons are for life. To achieve this, we nurture a close partnership both with parents and the community. Learning is truly a global and "Second to None"experience on our 20 acre campus.


D'Tempat Country Club







Bandar Sri Sendayan presents the latest in a slate of lifestyle facilities: the d'Tempat Country Club. Designed to enhance the lifestyles of you and your loved ones, the club hosts 485,000 sq. ft. floor area of facilities and amenities on 6.33 acres of land.

The club is intended to cater for the sporting and recreational needs of residents and other people living and working in neighboring Bandar Sri Sendayan. For businesses, the club is the perfect place to drop into between meetings with clients and enjoy a variety of dining options and entertainments in a relaxed and comfortable environment.

Built in accordance with the Malaysia Green Building Index (GBI) standards as part of Matrix Concept's "Go Green" policy, d'Tempat Country Club was certified and awarded the GOLD Standards under NRNC (Non-Residential New Construction) Category by GBI Malaysia on 6 November 2013.


Sendayan TechValley



http://techvalley.com.my/

Spanning across 1,000 acres of freehold land, Sendayan TechValley is a modern technology park with excellent infrastructure network. It is the address for the future of modern businesses, focusing on sustainability, renewable resources, new technology, advanced communication services and facilities.

Developed in synergy with the Negeri Sembilan government to attract foreign direct investment as well as assist with the expansion of domestic direct investment, Sendayan TechValley is poised to be a major economic zone with innovation driving it forward.

Designed to appeal to a various range of industries, from manufacturing to knowledge-based businesses, Sendayan TechValley is geared for success.

Infrastructure:

1st in Malaysia - Gas Malaysia Berhad
We are the 1st developer in Malaysia to initiate collaboration with Gas Malaysia Berhad to pull gas pipeline to Sendayan TechValley. We come out with the initial cost of 10million to lay the pipe from Seremban 2 to Sendayan TechValley and the gas supply will be available from 28 May 2013.

A world - class concept
Sendayan TechValley is developed solely to offer businesses all that is necessary for innovation and success through its world-class facilities, services and amenities.

Excellent Road Accessibility
With its strategic location, Sendayan TechValley is directly linked to the North-South Highway, the upcoming Paroi-Senawang-KLIA Expressway (as per announced in Budget 2012) and the Seremban-Port Dickson Highway making transportation easy for your business.

Major Transportation Links
Sendayan TechValley is linked to the Nilai Inland Port, which is located in the Nilai Industrial Zone. This ensures quick and easy transportation of goods to and from different destinations. It also lies in close proximity to Port Klang, which is the nation’s largest port as well as one of the busiest container terminals in the world.

The MASKargo’s Advanced Cargo Centre (ACC) is located just 14km away, giving you convenient access to one of the most sophisticated air cargo terminals in the world. Its state-of-the-art cargo handling facilities, systems and procedures allow for a smooth and efficient flow of information, increasing cost effectiveness and overall efficiency.

Self-contained Township
Located within Bandar Sri Sendayan with an estimated of 80,000 in population, enjoy the infrastructure of a well-planned, independent and self-sustained mixed-development township.


EXISTING FOREIGN DIRECT INVESTMENT (FDI):
Hino Motors Manufacturing (M) Sdn. Bhd. (Japan)
Perodua & Daihatsu Motor Co. (Japan)
Kayaku Safety Systems (M) Sdn. Bhd. (Japan)
Akashi Kikai Industry (M) Sdn. Bhd. (Japan)
Safran Messier-Buggati-Dowty (M) Sdn. Bhd. (France)
Linatex Rubber Products Sdn. Bhd. (Weir Group, UK)
Meditop Corporation (M) Sdn. Bhd. (Japan)
Schmidt + Clemens (Asia) Sdn.Bhd. (German)
TMC Metal (M) Sdn. Bhd. (Taiwan)
Keen Point (M) Sdn. Bhd. (China)
Hubei Dijian Construction (M) Sdn. Bhd. (China)


















Sendayan Merchant Square





Sendayan Merchant Square is set to become the main premier neighbourhood commercial hub of Bandar Sri Sendayan, developed to offer you true community living. A 100-acre integrated central business hub for the community and its surrounding, it comprises mixed-used development of boutique retail outlets, dining facilities, d' Tempat Country Club, Matrix Global Schools and upcoming Matrix Tower (HQ).


Sendayan MetroPark







Sendayan MetroPark is located along the main road frontage Persiaran Bandar Sri Sendayan, giving your business the advantage of superb visibility and unsurpassed accessibility. Situated at the main commercial belt of Bandar Sri Sendayan, your business can enjoy massive catchment from the overall township and nearby surrounding areas such as S2 Heights, Bandar Enstek, Taman Gadong, Taman Mantau, Kg. Sendayan and so on. All ready to enjoy your business offerings.

Sendayan MetroPark is is one of the commercial success in Bandar Sri Sendayan. Already in place are Sendayan Galleria, PETRON Petrol Station, Marrybrown Restaurant, KLUANG RailCoffee, 5-Storey Syariah Court Complex, Sendayan Sports Complex, and completed first phase of MetroPark shop office. The best has yet to come whereby, Sendayan MetroPark is the perfect premise for financial institution, educational centre, showrooms, specialty stores, retail outlets, restaurants, cafes and many more.

Sendayan MetroPark, the main commercial belt leading to Sendayan TechValley is highly visible and accessible.

SENDAYAN METROPARK UNIQUE SELLING POINTS
◾Located at high-growth area in Seremban
◾Adjacent to Sendayan TechValley - high tech industrial park with the presence of multi transnational companies.
◾Ready catchment of 120,000 population upon township completion
◾Main commercial belt of Bandar Sri Sendayan:
- PETRON Petrol Station
- Marrybrown Restaurant
- Kluang RailCoffee
- 5-Storey Syariah Court Complex
- Sendayan Sports Complex
- 38 Units of MetroPark Shop Office
- Upcoming KIP Mart Hypermarket
- Upcoming d' Tempat Boutique Hotel


Sendayan Ico Park






Surrounding Mega Project / Infrastructure / Transportation Development

(A) Kuala Lumpur – Singapore High Speed Rail Project

Background
In 2010, the Government of Malaysia launched the Economic Transformation Programme (“ETP”) with the objective of transforming Malaysia into a high income nation by 2020. Under the Greater Kuala Lumpur/Klang Valley (“GKL/KV”) National Key Economic Area (NKEA), the Southern Corridor High Speed Rail (“HSR”) was one of the Entry Point Projects (EPPs) that aimed to improve the economic dynamism of Malaysia’s capital city as well as liveability rankings relative to other global cities.









Project Development
The High Speed Rail, which aims to be operational by 2022 (Tentative Schedule), serves as an alternative mode of public transport travel between Kuala Lumpur and Singapore. The High Speed Rail is seen to be in line with the transformation of the nation as it links 2 urban agglomerations to meet growing demand, catalyzing economic growth and enhancing long term economic competitiveness while improving the quality of life of its people. The High Speed Rail will connect 5 cities in Malaysia to Singapore, following a coastal route.
The stations that have currently been identified are the terminus station in Kuala Lumpur (at Bandar Malaysia), Seremban, Melaka, Muar, Batu Pahat, Nusajaya and the final stop in Singapore.





Driving Economic Development In Southern Malaysia
The reason why the Land Public Transport Commission (SPAD) chose these five cities to build the high-speed rail stations is to leverage on their existing strengths to further the economic development in these cities.
Each of these five sites are strategically positioned differently: Negeri Sembilan will build a 1,000-acre SME TechValley near its train station site to attract SMEs that engage in environmental protection technology, green manufacturing and biotechnology. Malacca will focus on developing its tourism and medical tourism industry that targets medical tourists from Singapore and Indonesia. Muar is currently the furniture manufacturing centre of Malaysia, so it is best poised to focus on industrial designing. Batu Pahat has the potential to develop into a fashion capital with its existing 300 garment and textile factories that churn out half of Malaysia’s textile exports. The EduCity in Iskandar Malaysia is gradually taking shape as a world-class education centre, with world-leading universities setting up branch campuses here alongside various international schools and colleges.
Once completed, the high-speed rail is bound to inject more vibrancy to the local economy, driving further growth in other sectors like real estate, commerce, retail and urban transportation. Such railway services in China and Taiwan have brought in the crowd and money to areas around their high-speed rail stations, which gave rise to the so-called “railway economy”. The China Economic Weekly pointed out that high-speed rail systems are the “new leverage” in the transformation of economic development that can lift the development of other sectors to whole new levels.



Socio-Economic Benefits of High Speed Rail
Among the benefits of this project is that it will enhance Greater KL/KV as a location of choice for businesses, while facilitating the seamless flow of individuals and businesses between the two countries. Leveraging on the HSR line, socio-economic development will also been enhanced along the HSR corridor.

The economic and social benefits derived from the agglomeration of 2 cities bring about a huge development potential. The geographical concentration of clusters of businesses and employees will result in an enlarged pool of specialist skills, labour and talent.
The construction of HSR lines have brought about broader socio-economic benefits, as shown by examples from around the world







HSR – Proposed Transit Station at Seremban








Residences - Freehold updated on 16 Sep, 2015 from Developer Webpage

Completed units










Latest Development



Balista 22x80 2-Storey Link Homes
Built Up: 2,735 – 3,360 sq.ft.
Listing Price: From RM509,888
Expected completion Date: January 2016



Dextora 20x80 DSL 2-Storey Link Homes
Built Up: 2,615 – 3,120 sq.ft.
Listing Price: From RM516,888
Expected Completion Date: May 2016



Elvina 22x80 2-Storey Superlink Homes
Built Up: 2,807 - 3,284 sq.ft.
Listing Price: From RM559,888
Expected Completion Date: June 2017



Elymus 50x100 2-Storey Semi-D * New launching
Built Up: 4,415 - 5,383 sq.ft
Listing Price: Min: RM1,298,888
Expected Completion Date: May 2017



Suriaman 3 22x80 2-Storey Superlink Homes * New launching
Built Up: 2,766 sq.ft.
Price: Around RM563,000



Related information:

1. BSS similar topics in lowyat.net

i) Dextora
https://forum.lowyat.net/index.php?showtopi...ar+sri+sendayan

ii) Elvina
https://forum.lowyat.net/index.php?showtopi...ar+sri+sendayan


2. BSS full township analysis from J-PropVes
http://www.j-propves.com.my/?cur=page/page...ayan_@_Seremban


3. BSS full township analysis from online blogger 十面埋伏
http://klsecompany.blogspot.my/2014/03/23matrix.html
http://klsecompany.blogspot.my/2014/04/25matrix2.html

This post has been edited by waiwai79: Jan 1 2016, 10:38 PM

Interesting place!

Good write up , but why not share it in the current existing thread?

https://forum.lowyat.net/topic/3615710

The sendayan green park is a bit far

If look on the title...that once is created for elvina...
So create a new topic with full introduction of BSS in 1st Page... will be more easy for future reference...

good work TS

one stop reference for overall BSS development

Good effort. Informative.

Also add in the relate link from previous sharing post in 1st page..... easy for tracking back the previous info if wanted.... Cheers.

Ya.. .Hopefully can see more development info here.

Some agent said future damansara!

thanks for sharing

How far in future?

The D'Tempat Country Club is nice - Can't find sth comparable (all in one) in the neighbouring S2.

Very true.

How about in Klang Valley? Any residential club house can compare?

I think need 15 years.

10 years enough ba lol..

Been wanting to ask.. What does TS mean? LOL..

Topic Starter (person who started a forum thread)

Great thread. Bookmarked (:

Great sharing

Set as my home page!

Any TUDM introduction ?

so hardcore

Haha... show wai wai my full support!

Free High Speed Fiber Optic broadband..... : )

For all?

wow. nice

but I saw needed to pay RM250 to service provider something

Kuala Lumpur – Singapore High Speed Rail Project



Background
In 2010, the Government of Malaysia launched the Economic Transformation Programme (“ETP”) with the objective of transforming Malaysia into a high income nation by 2020. Under the Greater Kuala Lumpur/Klang Valley (“GKL/KV”) National Key Economic Area (NKEA), the Southern Corridor High Speed Rail (“HSR”) was one of the Entry Point Projects (EPPs) that aimed to improve the economic dynamism of Malaysia’s capital city as well as liveability rankings relative to other global cities.









Project Development
The High Speed Rail, which aims to be operational by 2022 (Tentative Schedule), serves as an alternative mode of public transport travel between Kuala Lumpur and Singapore. The High Speed Rail is seen to be in line with the transformation of the nation as it links 2 urban agglomerations to meet growing demand, catalyzing economic growth and enhancing long term economic competitiveness while improving the quality of life of its people. The High Speed Rail will connect 5 cities in Malaysia to Singapore, following a coastal route.
The stations that have currently been identified are the terminus station in Kuala Lumpur (at Bandar Malaysia), Seremban, Melaka, Muar, Batu Pahat, Nusajaya and the final stop in Singapore.





Driving Economic Development In Southern Malaysia
The reason why the Land Public Transport Commission (SPAD) chose these five cities to build the high-speed rail stations is to leverage on their existing strengths to further the economic development in these cities.
Each of these five sites are strategically positioned differently: Negeri Sembilan will build a 1,000-acre SME TechValley near its train station site to attract SMEs that engage in environmental protection technology, green manufacturing and biotechnology. Malacca will focus on developing its tourism and medical tourism industry that targets medical tourists from Singapore and Indonesia. Muar is currently the furniture manufacturing centre of Malaysia, so it is best poised to focus on industrial designing. Batu Pahat has the potential to develop into a fashion capital with its existing 300 garment and textile factories that churn out half of Malaysia’s textile exports. The EduCity in Iskandar Malaysia is gradually taking shape as a world-class education centre, with world-leading universities setting up branch campuses here alongside various international schools and colleges.
Once completed, the high-speed rail is bound to inject more vibrancy to the local economy, driving further growth in other sectors like real estate, commerce, retail and urban transportation. Such railway services in China and Taiwan have brought in the crowd and money to areas around their high-speed rail stations, which gave rise to the so-called “railway economy”. The China Economic Weekly pointed out that high-speed rail systems are the “new leverage” in the transformation of economic development that can lift the development of other sectors to whole new levels.



Socio-Economic Benefits of High Speed Rail
Among the benefits of this project is that it will enhance Greater KL/KV as a location of choice for businesses, while facilitating the seamless flow of individuals and businesses between the two countries. Leveraging on the HSR line, socio-economic development will also been enhanced along the HSR corridor.

The economic and social benefits derived from the agglomeration of 2 cities bring about a huge development potential. The geographical concentration of clusters of businesses and employees will result in an enlarged pool of specialist skills, labour and talent.
The construction of HSR lines have brought about broader socio-economic benefits, as shown by examples from around the world







HSR – Proposed Transit Station at Seremban








https://forum.lowyat.net/topic/3713569

This post has been edited by waiwai79: Sep 18 2015, 11:01 PM

wow good sharing

Before any go buy BSS

http://www.themalaysianinsider.com/citynew...dayan-residents

"A recent visit to the centre found that about 100 home buyers had come forward to highlight the problems they faced to the developer."

http://www.themalaysianinsider.com/citynew...-buyers-grouses

The customer service centre is located at No.2256, Taman Nusari Bayu 3. It operates from Monday to Friday (9am to 6pm) and 9am to 6pm on alternate Saturdays.

The D'Tempat Country Club Mini Theatre starting on 24-Sep (Hari Raya Aidil Adha). It comes equipped with the latest in sound technology and members can view it on our 267 cm x 150 cm screen. The screening time is as follows:

Movie Schedule
Weekday 1st Show 3.00pm - 5.00pm
2nd Show 8.00pm - 10.00pm

Weekend/ 1st Show 11.00am - 1.00pm
Public Holiday/ 2nd Show 2.00pm - 4.00pm
School Holiday 3rd Show 5.00pm - 7.00pm
4th Show 8.00pm - 10.00pm

Seating will be on first come first serve basis and walk in basis.

the Mini Theatre screen kinda small leh

How about earth pyramid? Any news ?


Attached thumbnail(s)

Haslah said to mark its official opening, MGS would also launch the Earth Pyramid Incubation Centre (EPIC), a global project for the advancement of education.

EPIC is now spearheaded by MGS and has the support of authorities from 20 nations.

The aim of the Earth Pyramid project is among others, to help educate and give people a chance to connect on a global scale.

“It is also to enable students to interact with their peers or anyone anywhere and to constructively discuss any global issue, allow a greater understanding of their cultures and to tackle challenges together,” he said.

Mohamad Haslah said an Earth Pyramid monument would be built near MGS and would become a tourist attraction upon its completion.

SOS

This post has been edited by Srbn: Sep 25 2015, 02:39 PM

Earth Pyramid Incubation Centre (EPIC)?
What is that? Sound interesting.

An EPIC site for the Earth Pyramid has been found!

The location for the Earth Pyramid’s construction has now been finalised.

The Earth Pyramid idea started seven years ago with the aim of creating a focal point for the promotion of global citizenship and a hope of connecting a generation of the world’s children. We are pleased to announce that the Earth Pyramid has now linked with Matrix Global Schools who have created an exciting new concept in education that complements the project’s aims. At their state of the art facility in Malaysia Matrix has developed EPIC (Earth Pyramid Incubation Centre) where children from around the world will be encouraged to submit ideas on how we can nurture the theory of global citizenship. The Earth Pyramid will create the focal point for global participation and the funds raised by the venture will be used to promote, develop and implement these ideas through EPIC.

SOS

I am a home owner and shareholder of this company. If this thing happens to Elvina units and it is not rectified in time, i will make sure to organise a parade at their AGM every year.

yes, please do it for the good of everyone in BSS

I give u a like !!

Need to exercise our right when necessary!

wah so expensive. better buy sepang klia area

What is so expensive bro?

I would guess you did not buy Elvina from Matrix Concepts Holding Berhad (MCHB), most probably your S&P signed with a RM2 company(a wholly owned subsidiary of MCHB). Sadly, but there's nothing you can do but sue the RM2 company and get maximum compensation ........ RM2

Welcome to Malaysia. Malaysia Boleh.

Elvina launched Jun 2015.

USD to MYR @ Jun 2015 = 3.65 to 3.78

Current USD to MYR around 4.40+
- would it recover?
- would it drop somemore?

1) How much % of construction cost is tied to USD?
2) How much variation of construction cost did the developer catered for?
3) if MYR drop somemore, would Elvina be completed? and if completed (what about quality)?

And for units launched in 2011-2014 when USD to MYR was at 3.00 to 3.30, what happen to them?
Some are just completed, and some completing soon.
History always repeat it self.

Enlighten me.. USD to MYR rate .. What does this have to do with construction industry in Malaysia? Are we importing construction materials from US?

even not importing construction materials from US, housing developers would use the weaker MYR as excuse to increase price Welcome To BolehLand bro

I'm not an expert , that is why i'm asking the question
Most, if not all international trades are quoted in USD.

Any expert in forum can answer this?
1) How much % of construction cost is tied to USD?
or
- How much % of construction cost required imported materials

Goverment statistics is provided, but do need an expert to convert it to actual value.

http://www.cidb.gov.my/cidbv4/index.php?op...mid=331&lang=en

My experience of simple renovations works in 2014 and 2015, i've noticed prices of lotsa stuffs increased.
An increase of RM3 for a pipe faucet is not a lot for an individual house owner. But when you doing few hundred houses multiple by x No. What would the decision be? use cheaper parts or absorbed the cost?

If you need to worry about the currency on the impact of developer... They are much more criteria should consider......

- Financial status (Net cash or Net debt company, if net debt, debt in USD or RM)
- Land bank (existing land bank purchased year, if purchased year before 2010 with cheap land cost, the risk much lower)
- Unbilled sales (if high, at least no issue of short term cash flow)
- Project categories (Landed or High rise? If high rise, risk level higher)
- etc.........

For the small purchaser... sometimes can't do too much on it...
If have choice, select reputable listed companies... at least more transparent on the financial report and investor relations info.

Gambling - Wikipedia
Gambling is the wagering of money or something of material value (referred to as "the stakes") on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Gambling thus requires three elements be present: consideration, chance and prize.

Buying an uncompleted unit with so much at risk. I would term it gambling.

"For the small purchaser... sometimes can't do too much on it... "
- even more reason for the small purchaser not to gamble their savings.

"If have choice, select reputable listed companies... at least more transparent on the financial report and investor relations info."
- and yet, the S&P is still signed with a RM2 company.

Lots of sub-sale units available in and around Seremban at 150-300k. Adding another 100-200k for renovation/furnishing/fittings and you can have a piece of mind with a fully furnished+renovated home (+ with extra $$ in pocket)

This post has been edited by ikanair: Sep 26 2015, 09:03 PM

What you said is just a common scenario, it is common that a mother company forms subsidiaries for different business or projects.

So you are right, the S&P is signed between BSS Development Sdn Bhd (689638-x), the owner, and the Menteri Besar. But are you sure that BSS Development is a RM2 company?

Be sure of your facts before you say things.

You are also pointing out something which is common and happening to the entire property development industry, not only Matrix facing problem with weak MYR.

Landed property is not that hard hit because most materials are from local, high rise buildings are the worst coz most materials are imported.

http://www.propertyguru.com.my/property-ne...m_content=links

I urge you again to get your facts right before making a statement. Are you sure BSS Development Sdn Bhd is a Rm2 company?

We can see in Matrix Concept Holdings Berhad Annual Report booklet (based on others listed companies AR booklet I see)
The paid-up capital of BSS Development Sdn Bhd sure are printed in it

That's why i asked Ika bro to check the facts first before speak.

This post has been edited by neonikson1: Sep 26 2015, 11:05 PM

since u are shareholder of Matrix concept, why don't u post that part

aiyo... tire leh, have to proof other people wrong...

Yes, that's why sub-sale still has its market. There are people who prefer to buy something that are done and be sure. Nothing wrong with that, just different approach and different risk appetite.

Just like some people like to invest in blue chip companies, some people like to invest in micro chip or even private equities. Knowing that blue chip has lesser risk but ROE is lower. It is entirely a personal preference.

Does BSS House price will keep going up where there is no stop?

Risk..... not equal to gambling lah.....
Everything also got risk..... depend on manageable risk or non manageable risk.
If house loan monthly payment just below 20% of your salary..., the risk is low. For someone who bought the same house with loan payment more than 50% of the salary.... the risk is higher..So u can see risk level actualy depend many criteria...

if you want to judge the housing development risk.... u need to consider more factors.... internal factors (developer cash flow, debt ratio, unbill sale, land bank, management capabilities....)...external factors (market risk, politics risk, currency risk, materials cost risk, monetary policy risk.....)

But friendly speaking..... my personal opinion.... the risk of property especially landed property in city is much lower than the share investment and bought the depreciation assets example car...

The price is going up for sure but with a slower paste. I don't think the developer can afford to put a high price tag now when economy is so soft.

Good point! Risk is not gambling, especially when it is a calculated risk.

Haha...nobody can tell us....

Seems like no need to worry about weak MYR for Matrix.

Refer to Matrix concept 2014 annual report:

42. FINANCIAL INSTRUMENTS (cont’d)
42.1 FINANCIAL RISK MANAGEMENT POLICIES
The Group’s policies in respect of the major areas of treasury activity are as follows:-
(a) Market Risk
(i) Foreign Currency Risk
The Group does not have any transactions or balances denominated in foreign currency
and hence is not exposed to foreign currency risks.



This post has been edited by neonikson1: Sep 27 2015, 02:14 AM

The pricing of between BSS and secondary market the like senawang, loong chen, rasah jaya like earth and heaven.

Where you going to buy bro?

which part of N9 is that? never heard before?

Seremban Jaya. Near senawang toll

oh in Senawang

anyhow N9 school closed tomorrow

Seremban bro, are you comparing apple to apple? Just like penny stocks they are cheap but doesn't mean it is good.

This post has been edited by neonikson1: Sep 27 2015, 03:11 PM

Stock yes,

Property I scare comment already.

My college also closed tomorrow, no lecture. Hurray

Can comment freely with the support of some facts will do.



This post has been edited by neonikson1: Sep 27 2015, 10:19 PM

I'm not an expert on the property sector. As such i cannot properly judge the risk involved (i do wonder sometimes, if the "expert" are really the expert )
I only got question and no much concrete answer.

To commit any amount of my salary(20% or 50%) for 20+ years on a promise by a salesperson.

The solution for me is simple. Don't take the risk(i.e. don't gamble)

Depends on whether you are a home buyer or a property investor. If you are a home buyer there are less risk, after all you get to use what you purchased.

There is one expert which is accessible by anyone, his name is Google. You can ask him and he will teach you anything you want to know.


If anyone were to commit to a sales and purchase agreement just by the word of the salesperson, i call that stupid.

Of course we have to do our homework, alot of homework before we commit. Do thorough research and findings, check developer's background and track record, know the who's who's behind. After we have done enough findings, weighted out the pros and cons, then the decision is said to have taken calculated risk into consideration.

Subsale also have risk, the neighbours, the management, the community, the switch in township development, natural disaster (earth quake is coming), etc. We can't live our life without exposing to risk. That's why we need to learn how to take risk and manage our risk. Another important thing to learn is to make good judgement to reduce mistakes in life.

This post has been edited by neonikson1: Sep 28 2015, 01:05 AM

Seremban older areas are damn cheap no doubt.. But i think you should compare BSS with S2 as it is nearest to it. S2 occupancy rate quite high nia. Subsale selling below 500k.

What says you?

Whether we are consumer or investor, the PRICE is what we pay, the VALUE is what we get. They don't always equal.

One thing for sure is no need worry bank valuation the like 2nd hand property and forking out extra $$$ to buy the property.

On Top of that, buyer will have a peace in mind and heart that everybody bought the same price. Where as 2nd hand property buyer sign SPA then realise owner/seller bought lower price from developer and happy with huge gain appreciation.

S2 vs BSS

S2 no club house the like BSS next to Matrix Internation School.

Very true Seremban bro, buying a rm500k subsale unit requires around rm80k upfront payment. Whereas new unit from developer only need around rm10-20k upfront.

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