Isn't this project near Flexus from the looks of it? I wonder if Flexus entrance is located in Jln Kuching or Dutamas similar to this development here?
Investment SOLASTA @ PERSIARAN DUTAMAS, Dutamas' Latest New Project
Investment SOLASTA @ PERSIARAN DUTAMAS, Dutamas' Latest New Project
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Nov 29 2018, 07:34 PM
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#1
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Isn't this project near Flexus from the looks of it? I wonder if Flexus entrance is located in Jln Kuching or Dutamas similar to this development here?
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Nov 29 2018, 08:17 PM
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#2
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Dec 1 2018, 08:04 AM
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#3
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Not near public transport also Grade A?
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Dec 2 2018, 11:24 PM
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#4
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How is this a Grade A project is beyond me, even if it is priced at 600psf
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Dec 6 2018, 11:06 PM
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#5
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He's affiliated with the developer la. Thats why promote this project gao gao
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Dec 10 2018, 07:42 PM
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#6
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Well this must be the hottest thread in property section now. Marketing wins just by getting all of you to talk about the project even though most of the people are pessimist about this project.
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Dec 12 2018, 06:15 PM
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#7
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Dec 27 2018, 12:22 PM
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#8
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QUOTE(nexona88 @ Dec 27 2018, 12:16 PM) Property market slowdown yes, property price drop I don't think so. |
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Jan 18 2019, 08:26 PM
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#9
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Hype died down already? So few posts these days.
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Feb 16 2019, 06:14 PM
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#10
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Feb 25 2019, 07:37 PM
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#11
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Apr 1 2019, 12:35 AM
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#12
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QUOTE(johnsonlim777 @ Mar 28 2019, 06:45 PM) Remember the universal rule: those who can't do, teach. Very nice writeup indeed! I think those so called 'property gurus' needs to be given a wake up call.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 |
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Apr 1 2019, 12:18 PM
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#13
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Apr 3 2019, 12:31 AM
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#14
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Oct 24 2019, 08:47 PM
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#15
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