Saturday, 10 August 2013

UMLand having second thoughts?

With the repeated delays of the Matex Residence or the now called JB Sausanna, rumours are abound online about UMLand planning to revise the price. This follows the price surge in Iskandar and this might be too tempting for developers to be greedy and renege their committed selling price months ago. All it takes is some greedy developers to change the confidence of investors in Malaysia once again.  Well, this doesn't happen in most developed economies but for Malaysia, the risk is real. Will see if they screw it all up for themselves once again.