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Investment SOLASTA @ PERSIARAN DUTAMAS, Dutamas' Latest New Project

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johnsonlim777
post Apr 1 2019, 04:29 PM

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QUOTE(kochin @ Apr 1 2019, 02:51 PM)
hhmmmm... i don't quite get you there.
a representative or a promoter of a product who uses the promoted product would be deemed conflict of interest?

so if michael jordan promotes nike's air jordan, then it's bulls if he uses it?
and if michael jackson promotes pepsi but never drinks it, then he should just should beat it?

on the contrary i think it gives more assurance to a fans or followers if the promoter have their own skin in the game.

shareholders like steve jobs, warren buffet, mark z, etc does it all the time. promoting their companies to shareholders to consider taking up or buying their shares.

it will be scary if i would to buy from someone who preaches and promotes a firm that they have zero association with.
are you referring to financial analyst that does stock recommendations?  hmm.gif
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Ok I think the right term to use here is vested interest. I agree with you to a certain extent.

But if someone has bought units (with the understanding that the unit has many defects) but still claims that the developer is good, would you still buy them?



This post has been edited by johnsonlim777: Apr 1 2019, 04:49 PM
Syahrim Naim
post Apr 1 2019, 07:18 PM

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Isn’t it better that the person selling the project, buy the project himself together with his purchasers?

Its his job to find good project. If he finds one and he didn’t buy, then you would say “he don’t even buy the project he said is good”.

And aspartame, you don’t understand the grading system right? Oklah, share with us how you identify good and bad project.
johnsonlim777
post Apr 1 2019, 07:35 PM

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QUOTE(Syahrim Naim @ Apr 1 2019, 07:18 PM)
Isn’t it better that the person selling the project, buy the project himself together with his purchasers?

Its his job to find good project. If he finds one and he didn’t buy, then you would say “he don’t even buy the project he said is good”.

And aspartame, you don’t understand the grading system right? Oklah, share with us how you identify good and bad project.
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I agree but you shouldn’t mislead people when you are aware of the true situation.

Look at MCT Cybersouth. Faizul said that the developer is good even though the units are full of defects.

Btw when Faizul says he owns any units, do you think he owns the property 100%? You can be an owner by putting in RM1 (the rest can be covered by an unsuspecting JV partner)




Andy Lau6235
post Apr 1 2019, 08:10 PM

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QUOTE(johnsonlim777 @ Mar 28 2019, 06:45 PM)
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. tongue.gif
*
good say bro. However, there many M40 is just blind follow celebrity.

Grade A is paid.


aspartame
post Apr 1 2019, 09:00 PM

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QUOTE(Syahrim Naim @ Apr 1 2019, 07:18 PM)
Isn’t it better that the person selling the project, buy the project himself together with his purchasers?

Its his job to find good project. If he finds one and he didn’t buy, then you would say “he don’t even buy the project he said is good”.

And aspartame, you don’t understand the grading system right? Oklah, share with us how you identify good and bad project.
*
I dun have grading system. Property investment is not rocket science. It can even be decided based on gut feel. I dun go around adding and subtracting points for features. Eg if next to HTC or if face graveyard and I dun like it, straight away I give an “F”... I dun consider other points anymore and I move on.,...just as example ya
poilamixus
post Apr 1 2019, 09:21 PM

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QUOTE(johnsonlim777 @ Mar 28 2019, 06:45 PM)
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. tongue.gif
*
Again we would like to urge all the new followers to be extra careful about this Solasta project. Faizul claimed that we jealous to him, come on la, you think we can’t walk in to developer office or buy from Chester is it ?

Talk to the hartamas or MK agents and hear from them

If you are really a die hard fans, pls dun listen to him to compress loan/multiple submission. Bank negara is implementing new rule! Faizul would tell you that this is still rumour because he want to earn your money

This post has been edited by poilamixus: Apr 1 2019, 09:23 PM
ManutdGiggs
post Apr 1 2019, 09:28 PM

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QUOTE(poilamixus @ Apr 1 2019, 09:21 PM)
Again we would like to urge all the new followers to be extra careful about this Solasta project. Faizul claimed that we jealous to him, come on la, you think we can’t walk in to developer office or buy from Chester is it ?

Talk to the hartamas or MK agents and hear from them

If you are really a die hard fans, pls dun listen to him to compress loan/multiple submission. Bank negara is implementing new rule! Faizul would tell you that this is still rumour because he want to earn your money
*
I alwiz blif a gd project doesn't need ah cat ah dog to sell.

A project with lotsa investors is the 1 I ll not consider.

But followers ll say ppl here sozai. Dunno how to grade. Sour grape. U name it they tell u. End day top of pyramid ll win. The rest kantoi. U dun need kindy text book to tell an adult tat.

Pathetic.
Syahrim Naim
post Apr 1 2019, 09:33 PM

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QUOTE(aspartame @ Apr 1 2019, 09:00 PM)
I dun have grading system. Property investment is not rocket science. It can even be decided based on gut feel. I dun go around adding and subtracting points for features. Eg if next to HTC or if face graveyard and I dun like it, straight away I give an “F”... I dun consider other points anymore and I move on.,...just as example ya
*
Thanks for sharing 👍🏾👍🏾
Syahrim Naim
post Apr 1 2019, 09:36 PM

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QUOTE(poilamixus @ Apr 1 2019, 09:21 PM)
Again we would like to urge all the new followers to be extra careful about this Solasta project. Faizul claimed that we jealous to him, come on la, you think we can’t walk in to developer office or buy from Chester is it ?

Talk to the hartamas or MK agents and hear from them

If you are really a die hard fans, pls dun listen to him to compress loan/multiple submission. Bank negara is implementing new rule! Faizul would tell you that this is still rumour because he want to earn your money
*
Yeah you can later. But for now, you cannot buy this project like that. But don’t believe me la, tomorrow try call developer or chester.
Syahrim Naim
post Apr 1 2019, 09:55 PM

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QUOTE(ManutdGiggs @ Apr 1 2019, 09:28 PM)
I alwiz blif a gd project doesn't need ah cat ah dog to sell.

A project with lotsa investors is the 1 I ll not consider.

But followers ll say ppl here sozai. Dunno how to grade. Sour grape. U name it they tell u. End day top of pyramid ll win. The rest kantoi. U dun need kindy text book to tell an adult tat.

Pathetic.
*
A lot of things you don’t know la senior. And yet you say a lot more.
lightbulk
post Apr 1 2019, 10:01 PM

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QUOTE(Syahrim Naim @ Apr 1 2019, 09:36 PM)
Yeah you can later. But for now, you cannot buy this project like that. But don’t believe me la, tomorrow try call developer or chester.
*
Wow this is so call got money cannot get punya property. Dun play play.. congrats to those got it then..
ManutdGiggs
post Apr 1 2019, 10:27 PM

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QUOTE(Syahrim Naim @ Apr 1 2019, 09:55 PM)
A lot of things you don’t know la senior. And yet you say a lot more.
*
Boss I'm not senior la. I'm just a janitor wasting ur time replying my kns posts. 😬😬😬

Pls dun bother siudai ya👌
indramerlin
post Apr 1 2019, 11:30 PM

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What's the price ?

This post has been edited by indramerlin: Apr 1 2019, 11:30 PM
brown.ho
post Apr 2 2019, 10:14 AM

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QUOTE(Syahrim Naim @ Apr 1 2019, 09:36 PM)
Yeah you can later. But for now, you cannot buy this project like that. But don’t believe me la, tomorrow try call developer or chester.
*
What this guy is saying is correct. 1 block FR sapu alrd. I heard another property investment group is going to sapu another block. I managed to get in contacts with YNH even before FR masuk. I might be able to get 50 units. But I might take around 20/25 units for my family, friends and I. I will keep you guys updated.
For sure [EMAIL]Syahrim Naim[/EMAIL] is an agent for FR. Do you mind confirming this news?
Syahrim Naim
post Apr 2 2019, 11:01 AM

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QUOTE(brown.ho @ Apr 2 2019, 10:14 AM)
What this guy is saying is correct. 1 block FR sapu alrd. I heard another property investment group is going to sapu another block. I managed to get in contacts with YNH even before FR masuk. I might be able to get 50 units. But I might take around 20/25 units for my family, friends and I. I will keep you guys updated.
For sure [EMAIL]Syahrim Naim[/EMAIL] is an agent for FR. Do you mind confirming this news?
*
What i can say is only our clients can buy for now.
deed
post Apr 2 2019, 11:08 AM

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If the guy can afford to En-bloc purchase a project, and promote it back for resell then what is wrong with that right? That is the risk they took in case they are unable to re-sell it back. Of course when one took the advice to buy or not to buy during talks/seminar then that is their own decision.

Similarly when we go to property launch developer or agents also promote their project sky-high. So it is no different just the approach is different hmm.gif hmm.gif

Btw is there any other project(s) that the guy book/purchase en-bloc before ? If there is, how was the appreciation like in term of investment and rental?
hazwan_zohdi
post Apr 2 2019, 01:50 PM

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QUOTE(Syahrim Naim @ Apr 2 2019, 11:01 AM)
What i can say is only our clients can buy for now.
*
Kenape ek? Org lain x de duit nk beli ke?
mysimpack
post Apr 2 2019, 02:10 PM

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Whichever projects got bulk purchase, then more than 90% that project not going to do well...
kochin
post Apr 2 2019, 02:27 PM

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QUOTE(deed @ Apr 2 2019, 11:08 AM)
If the guy can afford to En-bloc purchase a project, and promote it back for resell then what is wrong with that right? That is the risk they took in case they are unable to re-sell it back. Of course when one took the advice to buy or not to buy during talks/seminar then that is their own decision.

Similarly when we go to property launch developer or agents also promote their project sky-high. So it is no different just the approach is different  hmm.gif  hmm.gif

Btw is there any other project(s) that the guy book/purchase en-bloc before ? If there is, how was the appreciation like in term of investment and rental?
*
you just asked the million dollar question
ManutdGiggs
post Apr 2 2019, 02:55 PM

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QUOTE(kochin @ Apr 2 2019, 02:27 PM)
you just asked the million dollar question
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Merlion boss say he worths 1b. So it's Billion dollar Q

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