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Investment SOLASTA @ PERSIARAN DUTAMAS, Dutamas' Latest New Project

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vckc
post Jul 16 2019, 10:23 AM

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QUOTE(gordon.ramsay88 @ Jul 15 2019, 10:52 PM)
My close friend is a farcap client. She explained they are in the midst of selling the third block. After requiring the third block, they are going to turn the whole development into a co-living space. Just like co-working space concept.

From what I'm seeing, it really seems like solasta is a development owned 100% by investors for investment. That means there are gonna be a lot of units for rent  in the market and maybe in 2 years time we can see some on auction. Even fr himself said at one of his talks that in order for a development to be healthy, there at least needs to be 1/3 of the owners who are buying for own stay. Melayu kalau kaya, whatever they say semua lupa. Walk your talk my friend. You a$$ is jealous of what's coming out of your mouth.
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1/3?... 2/3 more likely lah. When semua invest, what will happen to the rents? mad.gif
enigma666
post Jul 16 2019, 07:18 PM

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QUOTE(kochin @ Jul 16 2019, 08:27 AM)
tagging is not @username
tagging is done via [ follow by @username then close with a ]

i.e. enigma666

my comment is no comment.  biggrin.gif
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kochin this is why we need sifus notworthy.gif
indramerlin
post Jul 21 2019, 11:03 PM

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QUOTE(enigma666 @ Jul 15 2019, 07:49 AM)
let me give a spoiler since all 57 pages at LYN has zero information either from YNH or FR ...
3 out 4

Sifu's please give your comments to newbies like us  biggrin.gif
@deadravel, @beancounter, @askerperang, @kochin, @manutdgiggs, @bjorn1688, @david_77
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This slide is 2 years ago
indramerlin
post Jul 21 2019, 11:04 PM

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QUOTE(gordon.ramsay88 @ Jul 15 2019, 10:52 PM)
My close friend is a farcap client. She explained they are in the midst of selling the third block. After requiring the third block, they are going to turn the whole development into a co-living space. Just like co-working space concept.

From what I'm seeing, it really seems like solasta is a development owned 100% by investors for investment. That means there are gonna be a lot of units for rent  in the market and maybe in 2 years time we can see some on auction. Even fr himself said at one of his talks that in order for a development to be healthy, there at least needs to be 1/3 of the owners who are buying for own stay. Melayu kalau kaya, whatever they say semua lupa. Walk your talk my friend. You a$$ is jealous of what's coming out of your mouth.
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bro, many bought for ownstay la.. Dun surprise..
BEANCOUNTER
post Jul 23 2019, 10:54 AM

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QUOTE(indramerlin @ Jul 21 2019, 11:04 PM)
bro, many bought for ownstay la.. Dun surprise..
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many is how many by percentage???

I only interested in science and math, and not myth.
indramerlin
post Jul 23 2019, 01:13 PM

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QUOTE(BEANCOUNTER @ Jul 23 2019, 10:54 AM)
many is how many by percentage???

I only interested in science and math, and not myth.
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More than 50%.. because the facilities is top class.. man made beach.. who dowan ?
BEANCOUNTER
post Jul 23 2019, 01:43 PM

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QUOTE(indramerlin @ Jul 23 2019, 01:13 PM)
More than 50%.. because the facilities is top class.. man made beach.. who dowan ?
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The project also not launched yet
How do you come out with more than 50%?
indramerlin
post Jul 23 2019, 02:45 PM

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QUOTE(BEANCOUNTER @ Jul 23 2019, 01:43 PM)
The project also not launched yet
How do you come out with more than 50%?
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From internal source.. property internal discussion.. Many buy for ownstay.. shocking oso.. but it's good 4 investment..
chubbyqq
post Jul 26 2019, 04:02 PM

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QUOTE(indramerlin @ Jul 23 2019, 02:45 PM)
From internal source.. property internal discussion.. Many buy for ownstay.. shocking oso.. but it's good 4 investment..
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Can u don't self talk self shiok. I also can say they gonna demolish the HTC and highway tmr.
vckc
post Jul 26 2019, 05:10 PM

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Back data with sources, facts.
indramerlin
post Jul 26 2019, 07:03 PM

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QUOTE(chubbyqq @ Jul 26 2019, 04:02 PM)
Can u don't self talk self shiok. I also can say they gonna demolish the HTC and highway tmr.
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Why need to demolish infra ?
Beagle2k
post Jul 28 2019, 09:19 PM

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QUOTE(indramerlin @ Jul 23 2019, 01:13 PM)
More than 50%.. because the facilities is top class.. man made beach.. who dowan ?
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I'm not sure how you get the figure 50% are buying for own stay.

When I was exploring to buy, block C was fully sold and block B left only 20%. I was warned by the FR's agent (REN) that at least 90% of buyers are investors. He even told me that all these investors have attended the same VIP course by FR and will be using the same technique to rent out. Immediately I said there is going to be a blood bath! He just nodded his head and smile.

If you are hoping to rent out fast at Icon Residence rental rate, good luck to you!

This post has been edited by Beagle2k: Jul 28 2019, 09:20 PM
cliffekent
post Jul 28 2019, 11:45 PM

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QUOTE(Beagle2k @ Jul 28 2019, 09:19 PM)
I'm not sure how you get the figure 50% are buying for own stay.

When I was exploring to buy, block C was fully sold and block B left only 20%. I was warned by the FR's agent (REN) that at least 90% of buyers are investors. He even told me that all these investors have attended the same VIP course by FR and will be using the same technique to rent out. Immediately I said there is going to be a blood bath! He just nodded his head and smile.  

If you are hoping to rent out fast at Icon Residence rental rate, good luck to you!
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indramerlin pls ans?

This post has been edited by cliffekent: Jul 28 2019, 11:45 PM
indramerlin
post Jul 29 2019, 08:16 AM

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QUOTE(Beagle2k @ Jul 28 2019, 09:19 PM)
I'm not sure how you get the figure 50% are buying for own stay.

When I was exploring to buy, block C was fully sold and block B left only 20%. I was warned by the FR's agent (REN) that at least 90% of buyers are investors. He even told me that all these investors have attended the same VIP course by FR and will be using the same technique to rent out. Immediately I said there is going to be a blood bath! He just nodded his head and smile. 

If you are hoping to rent out fast at Icon Residence rental rate, good luck to you!
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Who is the FR's agent ? Sound fishy. I'm not sure about the 90% buy for investors, but many buy for ownstay because;

1. Dutamas Area
2. Price far cheaper than Icon
3. Facilities top class, far better than Icon

Basically, Solasta is far ahead Icon.. Yeah, many buy for investment, not surprising because it is the only grade A property in Malaysia after Kiara 163. But, dont surprise many buy for ownstay. Many my investors friend bought for ownstay. Nowadays, successful people want to live in Mont Kiara, Hartamas, Dutamas. They don't want to stay in Sentul, Cheras, Kuchai Lama, Setapak or other area surrounded with low cost housing like forever.
ManutdGiggs
post Jul 29 2019, 08:44 AM

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QUOTE(indramerlin @ Jul 29 2019, 08:16 AM)
Who is the FR's agent ? Sound fishy. I'm not sure about the 90% buy for investors, but many buy for ownstay because;

1. Dutamas Area
2. Price far cheaper than Icon
3. Facilities top class, far better than Icon

Basically, Solasta is far ahead Icon.. Yeah, many buy for investment, not surprising because it is the only grade A property in Malaysia after Kiara 163. But, dont surprise many buy for ownstay. Many my investors friend bought for ownstay. Nowadays, successful people want to live in Mont Kiara, Hartamas, Dutamas. They don't want to stay in Sentul, Cheras, Kuchai Lama, Setapak or other area surrounded with low cost housing like forever.
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Beagle2k
post Jul 29 2019, 05:04 PM

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QUOTE(indramerlin @ Jul 29 2019, 08:16 AM)
Who is the FR's agent ? Sound fishy. I'm not sure about the 90% buy for investors, but many buy for ownstay because;

1. Dutamas Area
2. Price far cheaper than Icon
3. Facilities top class, far better than Icon

Basically, Solasta is far ahead Icon.. Yeah, many buy for investment, not surprising because it is the only grade A property in Malaysia after Kiara 163. But, dont surprise many buy for ownstay. Many my investors friend bought for ownstay. Nowadays, successful people want to live in Mont Kiara, Hartamas, Dutamas. They don't want to stay in Sentul, Cheras, Kuchai Lama, Setapak or other area surrounded with low cost housing like forever.
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I'm not sure why you die die also want to promote Solasta. You definitely smell fishy trying to indirectly promote the leftover units.

You want to know who the agent is? Please check with FR's team. Ask him who was the agent sent to meet a bunch of VIP 8 DC members who were promised the opportunity to buy grade A apartment if we sign up for his VIP course. But after attended the course he quietly sold almost all units away to investors until someone in the Whatsapp group started to make noise. That was at the end of April.

In fact, at that time, this Lowyat forum contained more info than we get from FR's team. In fact, the only time info on Solasta was revealed was in FRPG review of Dutamas area.

Btw, not all "grade A" units are created equal. That means different units in the same "grade A" building can yield a very different result in terms of rental and demand. The promised rental does not apply to all units. Some with good facing like low floor with pool view will be the first to rent out and at a premium, while those unfavourable units facing the highway, graveyard, KTM line, HTC, etc will be left empty for many months or rented out at a much lower price.

How do I know? I've learned my lesson for buying a unit of K163 SOVO facing Arcoris which is less preferred compared to those facing Sri Hartamas side. To be fair, I didn't buy from FR's team and I'm not blaming anybody for that. I've decided to enter even though I knew I was late. So, I'm not going to enter late in Solasta and still have to pay RM5000 for the right to buy a unit as a customer. Yes, you need to pay him RM5000 for each unit or RM19K for 4 units and above which is more value for money plus you get to attend VIP and subscribe to FRPG for free.

Btw, double good luck to you for buying the leftover units! I hope you are one of those who paid RM19K and buy 4 or more grade A units thumbup.gif . Please post your story here once VP. I'm eager to learn from you.
heavensea
post Jul 29 2019, 06:37 PM

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FR making many future millionaire with road to 3 millions...
ManutdGiggs
post Jul 29 2019, 06:52 PM

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QUOTE(heavensea @ Jul 29 2019, 06:37 PM)
FR making many future millionaire with road to 3 millions...
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恭喜恭喜
ManutdGiggs
post Aug 2 2019, 09:45 PM

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https://m.facebook.com/story.php?story_fbid...527254&sfnsn=mo

Toking bout which bulu har???
PropWar P
post Aug 12 2019, 08:05 PM

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QUOTE(hazwan_zohdi @ Nov 28 2018, 03:22 PM)
Sure or not grade A? Open for booking edy?
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The price ia way below median. Seems fine
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