Interesting place!

Very true.

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

I think need 15 years.

Set as my home page!

Haha... show wai wai my full support!

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.

Need to exercise our right when necessary!

What is so expensive bro?

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?

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

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.

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.

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

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

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



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

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