How to buy straight from developer?

Ayoo bro.. rilex.. I'm not in FR bulk purchase group for Solasta, I'm not agree buying property by being his client, don't want to pay extra rm20K or buy other of his company selling properties to enable me to buy this Solasta .. However, I admit the greatness of Solasta, the only grade A condo that you can buy right now.

I'm targeting properties in Cheras along MRT1 line, especially Netizen. So, no extra money to buy Solasta.. If I knew about it early, I will buy at least 7 units Solasta. Off course JV.

Bro no need to pay 20k and buy other projects to buy Solasta la.

means that no need to be FAR capital client or buy other property for combo with Solasta ? confirm bro ?

Become client only 5k, not 20k.
5k is nothing la compared to buying at 20-30% lower than other projects. And as client, no need to buy other projects as well.

Become client only 5k, not 20k.
5k is nothing la compared to buying at 20-30% lower than other projects. And as client, no need to buy other projects as well.

Become client only 5k, not 20k.
5k is nothing la compared to buying at 20-30% lower than other projects. And as client, no need to buy other projects as well.

Waw so hot this property.

ok la, let me summary all the thing.

Booster
1. KL metropolis (link)
2. MRT 3 (Cancel, slowly wait may b got, hearsay the land oredi bought by MRT but dun knw when will revive back. you know politic. very like U turn now)
Bad thing
1. HTC
2. Highway
3. Cemetery

Surrounding Condo
1. Icon Residence 800+ psf  (rental 2500 for 2r2b, 900sf)
2. Solaris Parq 1000+ psf
3. Dimmersione 900+ psf
4. Arte MK 800+ psf
5. Met 1 900+ psf
6. Agile Kiara 1000+ psf

Now, got group of ppl do bulk purchase with the developer. Rumor say can get 650psf, which is highly possible. Based on that group connection with the developer.
Launching price for the public will be rm800psf min.

If RM650psf,
2 bedroom : fr RM450k, around 700sf size
3 bedroom : fr RM550k ard 850sf size

How grading works? (copy fr guru)
CA - Capital appreciation
CF - Cash flow
.
🔹GRADE A
- CA : 20% upon completion (minimum 3 boosters needed)
- CF : positive. More than $300.
.
🔹GRADE B
- CA : min 10% upon completion
- CF : positive
.
🔹GRADE C
- CA : not much upon completion
- CF : breakeven
.
🔹GRADE D
- CA : no profit even if sold
- CF : negative up to $500
.
🔹GRADE E
- CA : lost of more than $100k upon selling
- CF : negative more than $1000

if you buy 700sf (2 Bedroom, 2 Bathroom)
RM450K
RM2k per month installment + RM250 maintenance = RM2250 per month
As you see Icon, 2b2b fully furnish can rent 2500-3000. by the time this property after 4 year newly build, gv rental no up. rent out rm2500-3k also. u earning 250-650 positive cash flow. So that y that grp say grade A

if you buy 850 sf (3 Bedroom, 2 Bathroom)
RM550k
RM2.5k per month installment + RM300 maintenance = RM2800 per month
rental ard 3k-3.5k, 200-700 positive cash flow.

In conclusion, if really can get RM650psf. is a good project despite all the pros. HTC, Cemetery. u live there meh. tenant mah. we investor, see number only.
keep and flip also good. if developer launching is 800psf. u oredi earn 150 psf.

And if so many investor in this property, there will have price war as well. you need to have hold at least 1-3 year. Due to too many investor. in order let the market adsorb all first. may b break even rent out, most worst case. but still a good project in deed.

49 pages later, I have learnt literally nothing from this thread

This is a Grade A investment because you can potentially buy the property at 650psf and will appreciate to 800psf upon completion? And this 800psf is with benchmarking to other residences nearby like Icon?

Now lets assume that this is true. If I do get an appreciation to 900psf, so what? At the end of the day, with all the competition of residences around, if no one buys/rents, and I hold 3 properties here, basically I will hold these "high-valued" assets to my grave.

This is a genuine question because I am referencing this with one of my investments in Bandar Kinrara which has appreciated to about twice its value from 2010-2014. I see lots of investors wanting to sell their Zest condo at 560k or rent it at monthly mortgage value (purchase price was at 200-250k before VP) but to no avail. No doubt, there are LRTs and industrial zones opposite. I don't get why everyone here talks like there is a guarantee of purchase/rent even with the guaranteed CA.

Syiook sendiri maaa...wana feel good only lorr

I thought you booked already through FR platform

I just booked..

From BBV side, in order to buy 1 unit of Solasta, they will require you to buy 1 unit of their other projects i.e Suasana Damai and Upperville. Previously it was 2 units but I think no demand so they reduced it to one. Clearly FR and BBV having dry days now and more to come.

how much you paid? did you need to buy any other different developments as well?

49 pages later, I have learnt literally nothing from this thread

This is a Grade A investment because you can potentially buy the property at 650psf and will appreciate to 800psf upon completion? And this 800psf is with benchmarking to other residences nearby like Icon?

Now lets assume that this is true. If I do get an appreciation to 900psf, so what? At the end of the day, with all the competition of residences around, if no one buys/rents, and I hold 3 properties here, basically I will hold these "high-valued" assets to my grave.

This is a genuine question because I am referencing this with one of my investments in Bandar Kinrara which has appreciated to about twice its value from 2010-2014. I see lots of investors wanting to sell their Zest condo at 560k or rent it at monthly mortgage value (purchase price was at 200-250k before VP) but to no avail. No doubt, there are LRTs and industrial zones opposite. I don't get why everyone here talks like there is a guarantee of purchase/rent even with the guaranteed CA.

Purely speculative in nature I guess?

To be frank here, I've no idea what project this is as I can't be arsed to go through 50 pages but a quick google only leads to this thread and I can't see anyone being so dumb dumb to put money into this.

If there are then it is little wonder there are so many "skim cepat kaya" going on in this country as there are actually people who buy into it.

Must be something else if even the so called developer refuses to put its name on it or show on their website that they have anything to do with it.