ROT stands for?

First lelong unit check in.
Let's see how low the price will drop.

7, Jalan CG 1/2C, Casa Green, Cybersouth, 43800 Dengkil
Reserve price 🔥RM 600,000 🔥
Leasehold
Land area: 20" X 65" (Type C)
Build up: 1719 sqft
Intermediate unit
Auction:  24-Apr-2019 (Wed)

No bidder.
New price as below.
Will it drop to below 500k next?

7, Jalan CG 1/2C, Casa Green, Cybersouth, 43800 Dengkil
Reserve price 🔥RM 540,000 🔥
Leasehold
Land area: 20" X 65" (Type C)
Build up: 1719 sqft
Intermediate unit
Auction:  24-May-2019 (Fri)

No bidder.
New price as below.
Will it drop to below 500k next?

7, Jalan CG 1/2C, Casa Green, Cybersouth, 43800 Dengkil
Reserve price 🔥RM 540,000 🔥
Leasehold
Land area: 20" X 65" (Type C)
Build up: 1719 sqft
Intermediate unit
Auction:  24-May-2019 (Fri)

I think it will go below 500k. Take a drive there first and see how's the surrounding.

No bidder again. Below 500k now.

7, Jalan CG 1/2C, Casa Green, Cybersouth, 43800 Dengkil
Reserve price 🔥RM 486,000 🔥
Leasehold until 2104
Land area: 20" X 65" (Type C)
Build up: 1719 sqft
Intermediate unit
Auction:  24-Jun-2019 (Mon)
*Non bumi lot

The BU quoted is very misleading. I believe the nett BU is less than 1400sqft..

For such small BU, would it make more sense to stay in condo in more superior location and plenty of amenities? Cynersouth... I think to buy a loaf of bread also need to drive out now.

If fact Ayden will be much better buy at much larger BU, similar price range and plenty of amenities with access to Elite and ERL Station.

MCT??? Emmm. Better think twice. Thanks god didnt follow the smart prop guru FR aka pai kor...

Just collected key for Casa View...dissapointed coz the garden environment is not ready yet especially at the back yard area.

Anybody know is there any whatsapp group for Casa View owner?

First lelong unit check in from Casa View as well. Within 6 months of VP.
Here: http://jtraj.com/viewdetailnew1.asp?id=81257
Still high price of course. 1st auction at bank valuation.

More to come?

Hi All,

I still a newbie and i was wondering if there is any home owner of the Cybersouth by MCT, specifically CasaView. I wanted to gain some knowledge regarding the status of the said project as I was told that the Lake View that was to have loads of amenities and was actually the selling point of the whole project was cancelled. I just took the keys to my CasaView house and was shocked of the revelation. Maybe there is a group chat/ Whatsapp group that i could join to ask these kinda questions.? Thanks a lot.

Remember the universal rule: those who can't do, teach.

Most 'property gurus' in the market have maxed out their personal loan quotas to fund new property investments. So the only way they can keep generating new revenue is via commissions, seminars and one-on-one consultations. So essentially these 'property gurus' are celebrity sales guys.

This is how Faizul Ridzuan's business model works-

Faizul Ridzuan Private Group (FRPG)- Similar to public seminars/talks, he will upload weekly/monthly videos on analysis on areas and grading of properties. Wonder why he's charging you such a low price? Well this is a cheap marketing funnel to influence and entice people to buy his other products. At the end of every FRPG, he will project slides on his products, entice people to join his VIP seminar/ participate as a client to get more 'benefits' via his bulk purchase groups (7 and 8 Digit Club). When he goes through certain topics, he will say things like "I can't elaborate on this concept- area tier, dragon- tail, body, head- because I only cover this during my VIP seminar so it won't be fair to them".

One-on-one consultations- If you need to see him, chances are your property selections are shit/ bleeding money. At the end, he will either encourage you to: join as client/ seminar/ 7 & 8 Digit Club bulk purchase group since you're so bad at selecting properties yourself.

Millionaire Employee Blueprint- This is a group where he uploads a few additional videos on loans, insurance and case studies for an additional few hundred RM.

Bulk Purchase Groups (7 and 8 Digit Club)- He will excite you by saying that you can purchase properties at a lower/ "special/insider" price than the public due to his direct connections with developers. Then he will say his main clients (FAR Capital clients) get priority first so you might miss out on good units and don't make as much money as them. So you become his client.

FAR Capital clients- He will 'encourage' you to purchase multiple properties at once to maximise your limited "loan quota". In the client agreement, he will insert clauses that state that you will have to pay him a certain amount if you do not purchase properties via his company, FAR Capital. He will say that you are not really spending money because 2% sales commission of the property will be refunded to you.

Value Investing Property (VIP) seminar- His partner, Amanda will spend half a day going through interior designs. She will project beautiful designs of successful properties. Guess who carried out those renovations? Faizul's interior design firm (Makeover Guys). At the end of his VIP seminar, he will also give you a snapshot of what his clients are purchasing and drop hints that his clients are making alot of money. If his clients managed to buy a property at say RM600psf and it gets launched at RM700psf to the public, he will go all out and promote that his clients made RM100psf of paper gains.

Interior Design firm (Makeover guys)- During the VIP seminar and if you're his FAR Capital client, he will recommend his interior design firm, Makeover Guys so that you can rent out your units as quickly as possible.

Social media- Each post is designed to influence public opinion to his advantage and funnel sales towards his seminar + property recommendations. From time to time, he will put posts on how well his clients are doing (when in reality they are just making paper gains due to their low entry price/ "bulk purchase price"). This is designed to increase his public profile and 'showcase' his skills. He also has another guy Victor Gan that backs their property recommendation based on numbers and research via his own FB page. If you look at Victor Gan's website, he will release articles that support developments that they are currently selling (have you noticed his posts: Example: does cemetery/ HTC affect property value?)

Commissions from property developers- This is where I think he makes the real $$. Most of his property recommendations are less than RM1m per unit. Assuming it's RM500k, a 2% cut is RM10,000 per unit. Assuming he took up the last block (Block C) for Solasta Dutamas/K12 which has 501 units and 100% takeup rate by his followers, he will make ~RM5m from one development alone. One of his property recommendation was Ooak 163. Guess what Solasta Dutamas and Ooak 163 have in common? They're both from the same developer- YNH Property.

His latest property recommendation: Solasta Dutamas/ K12 is a prime example. His main argument is that it's Grade A because it's located in the Dutamas area so it's ~20% cheaper than surrounding developments. Well open your big eyes, is this really the Dutamas area or the Segambut area? Do you really think that the property will appreciate in value if it is dominated by investors? Plus it's near high tension cables, cemetery, highway, no LRT/MRT nearby.

"To remain silent and indifferent is the greatest sin of all". I hope that I will be the last sucker. But I know that this will not be possible

No bidder again. Below 500k now.

7, Jalan CG 1/2C, Casa Green, Cybersouth, 43800 Dengkil
Reserve price 🔥RM 486,000 🔥
Leasehold until 2104
Land area: 20" X 65" (Type C)
Build up: 1719 sqft
Intermediate unit
Auction:  24-Jun-2019 (Mon)
*Non bumi lot

<a href='https://pictr.com/images/2019/07/11/5xQkeG.md.jpg' target='_blank'>https://pictr.com/images/2019/07/11/5xQkeG.md.jpg </a>

<a href='https://pictr.com/images/2019/07/11/5xQkeG.md.jpg' target='_blank'>https://pictr.com/images/2019/07/11/5xQkeG.md.jpg </a>