Hi Guys, I'm one of the owner (victim) for the arc too.
Finally i found a related discussion group here.

Can anyone add me to the whatsapp/wechat group?
my tel: 0123826432 , appreciated.

http://www.themalaymailonline.com/malaysia...rental-defaults

Andaman emmmm Liberty Arc at Ampang ukay also at risk. The developer has so many issues....

https://www.edgeprop.my/content/1271529/uni...campaign=buffer

GRR?

Patricia Lim, who is one of the owners pursuing the class action suit, had resorted to borrowing from family members to pay off her mortgage when the GRR payments allegedly ceased. “The reason that I bought this unit and also introduced my brother and my friend to buy is because of the 25 years’ GRR. We are expecting hassle-free rental for 25 years, with the option to renew it every four years,” she said.

Meanwhile, her brother Lim Ta Wen said: “There are a lot of serviced apartments and condominiums in Cyberjaya. The reason we bought units here is because of the GRR. The GRR interested us because we don’t need to have any headache servicing our loans.”

Mana ada so good punya gv u GRR for 25 freaking years.
Over-optimism.

Developers objective is to enrich themselves not buyers. Developer has no obligation to enrich buyers. Otherwise, everyone could be a multimillionaire.

Mana ada guarantee of return punya scheme and hassle free ROI. The only company you can trust with guarantee are the banks, that also is not hassle free, need to go there queue put in money and queue to withdraw out.

andaman + feng sui master + property guru= one way trip to holand..

2011 punya article =

KUCHING: Property Investors from Miri and its surrounding areas, as well as from Brunei visited the Arc@Cyberjaya exhibition held in Miri last week.

For those who missed the chance for the Miri roadshow, all are invited to the coming Sibu roadshow to be held from June 9 to June 12 at Level One, RH Hotel, Sibu from 9am to 10pm.

Arc@Cyberjaya is one investment that is guaranteed to give investors consistent returns over the next quarter of a century. The pull factors are quite irresistible – minimum of eight per cent per year guaranteed rental returns up to 25 years, complete management of rentals by the developer and furnished units. There is even an added bonus of early completion.

According to a press release, the developer, Maju Puncak Bumi Sdn Bhd was collaborating with Multimedia University (MMU) to provide the apartments to be used as a hostel for the university for up to 25 years.

Rentals for the apartments were renewable every four years for up to 25 years with an exceptional investment as well as a monthly net surplus after less bank monthly loan and management fees.

The location of the Arc@Cyberjaya was almost perfect, strategically located between Kuala Lumpur City Centre and Kuala Lumpur International Airport (KLIA) and is within the heart of the Multimedia Super Corridor in Cyberjaya, it stated.

Moreover, it ws right next to the MMU entrance, a mere five minutes’ walk away. MMU students, estimated about 13,000 would love it. It also has all the facilities and amenities that students would find welcoming such as swimming pools, badminton court, guests rooms, library and students recreation area.

The RM650-million freehold development, spanning five years, was sited on 14.57 acres of land. It comprised four blocks of serviced apartments and four blocks of office towers.

Each block of apartment was made up of 250 units giving a total of 1,000 units. The apartments came in four designs with a built-ups ranging from 913 square feet (sq ft) to 1,915 sq ft. Each unit was fully furnished with three bedrooms and two bathrooms, it added.

Property investors and home buyers in Sibu should take this rare opportunity to invest or purchase in this excellent locality. Interested buyers and investors are invited to visit the roadshow. For further information, contact 016 8699884 (A Chan).

http://www.theborneopost.com/2011/06/09/ar...of-the-century/

Too good to be true.


Rentals for the apartments were renewable every four years for up to 25 years with an exceptional investment as well as a monthly net surplus after less bank monthly loan and management fees.

No taker.

Lelong!! A-27-6, 27th Floor, Menara A, The ARC, Persiaran Bistari, Cyber 11, 63000 Cyberjaya

New reserve price 🔥🔥RM 383,940🔥🔥
⚠️1st auction RM 880,000⚠️
Penthouse unit 1915sqft freehold
Auction: Mac 18

whats the exact auction date?

Under UOB bank. Yet to fix date. Can be end of Mac. Can also be Apr.

UOB listing is out.
Lelong!! A-27-6, 27th Floor, Menara A, The ARC, Persiaran Bistari, Cyber 11, 63000 Cyberjaya

New reserve price 🔥🔥RM 385,000🔥🔥
⚠️1st auction RM 880,000⚠️
Penthouse unit 1915sqft freehold
Auction: 27 Mac 18


p/s: 500k drop in price.
Good luck.

Cyber big unit out..
Small also out..
BBB

Apart from the GRR. How's the actual living condition of the Arc? Seems like the pricing is reasonable (given the space) for own staying.

Real image taken few days ago. The Arc completed like just few years ago. Look at the condition today.
No wander 800k priced penthouse unit here drop in auction until 3xxk and still possible nobody gonna bid.

probably every owner struggling to pay installment and maintenance is secondary.

Use on9 banking, cash deposit machines n ATM - then no Q.

Reminds more of a jail more than a place to stay