Good luck to Faizul Ridzuan group

Question would be, would this really stand out from the crowd compared to those current projects in Segambut?
It is true that this project is on the premium side across the river, but it is at the border.

Looking at upcoming high density projects within 2 km from this project in Segambut, surely owner gonna throw rental when all Segambut projects completed. So the question is, would a potential tenant who wanna stay in Durtamas or MK be willing to pay the equivalent premium rental to stay in Durtamas borderline? Would that tenant feel premier as the entrance is from Dutarmas main road & thus think that they are renting a Durtamas property & willing to pay the premium?

Vice versa, a potential tenant who wanna stay in Segambut definitely won’t pay this premium since they have a cheaper option in Segambut.

So, I can’t really able to convince myself that this property gonna appreciate a lot and this graded as grade A. Faizul Ridzuan group sells Sfera & Ooak which are from same developer, get it ?

That’s why he is promoting that his summer suite are doing very good despite next to cemetery

Come on la, summer suite’s good performance is due to low entry price at premium location.

I think A lot of Faizul Ridzuan group members are closely monitoring it..per my source, his group is benchmarking this property with Hartamas Regency & Icon MK. Then use walking distance to KL Metropolis as selling point ...

Nowadays I start to on doubt, don’t Faizul is the one who keep saying we should not buy something based on unclear boosters ? MRT3 on hold(most likely cancel), would KL METROPOLIS still able to go as per plan without MRT3?

I think he graded as B under assumption MRT is not realised.

So at the end of the days, he formed FRPG to gather all potential investors and buyers to convince them to buy for this project.

All FRPG members, do your homework & dun just follow blindly. You should call local MK/Hartamas/Segambut agents to understand the market

I heard he offer to buy all the units from his investors right ?

This topic becomes hot as there is one guru who comments 99% of the projects/subsale in the market are all grade C and D, and now he grade this project which is selling by his group as grade AA

Developer no need engage Faizul anymore & can sell on its own

Tipu la, still 650 psf what

Some developer not really care about walk in customer, in first place they d plan to sell at 650 psf via engaging with agents.

Then tell the whole world that they are selling at 800 psf, it is bonus if really there are “water fish” being cheated and buy it.

Example, sometimes do you really believe to those so called “50% discount promotion” in shopping mall? Have you compared if they already marked up the price and told you that they are now selling at big discount?

Again I am not convinced this is a hartamas property.

Best Buy of the year, now this project is supporting by another bulk purchaser group lead by another famous property guru on top of Faizul Ridzuan...

Heard that developer is asking high deposit for downpayment .. that’s why a lot negative push back post pop up to create impression to developer that this project is rubbish ? So that they can go back for 10k deposit ?

Ooak requested 10k for downpayment

““The project bought by FAR Cap clients in Cybersouth, gated and guarded project at just 400k+ is renting out at 3000-3500 per month.
This is cashflow positive of almost $1300/unit.
Imagine having 5 units there.
That’s what the FAR Cap clients are getting.””

Faizul Ridzuan used to promote cybersouth and grade it as grade A, the statement above is from the follower group. So today can we get 3-3.5k for rental in cybersouth?

So are you going to believe to him again that this project gonna be grade A? Lol

1500 for partially furnished
1800-2.2k for fully furnished , depend on how much money you invest to install wallpaper to make it looking classy.

Because this project is heavily promoted by FR for his clients, mostly are investors in cybersouth.

So back to this project, would you still wanna invest when you know all of ur neighbors are actually investors which eventually fight rental with you ?

Good point !