Trying to keep up with all the planned development in Iskandar is not easy. Another large condo complex is planned for Johor Bahru City Centre: Matex Condos.
The land is on Jalan Wong Ah Fook, opposite KOMTAR, within walking distance from City Square. The 0.6 ha (1.5 acres) freehold site will included riverfront serviced residences, hotel with retail components in line with JB City Hall’s river transformation and beautification project. There will be 33 stories and 335 condos. The luxury hotel will be 19 stories and 270 rooms. And the estimated completion is 2016.
The Matex Residences will include 1 bedrooms of 678 square feet all the way to 3 bedrooms of 1,167 square feet and 1,251 square feet.
From what I can find pricing seems to be between 900 and 1,100 MYR per square foot (but this is more hearsay than actual evidence).