FP
FPG PROPERTY FUND
Unclaimed Business
FP
FPG PROPERTY FUND
Unclaimed Business
2 Reviews (last 12 months)
Does not respond to reviews
Performance(last 12 months):
TrustIndex
0
Ranking
#5
in Real Estate
NPS Score
0
Recommended: Unlikely
Review Distribution
1|2 Reviews
May '25 - Apr '26
5(0%)
4(0%)
3(0%)
2(0%)
1(100%)
5(0%)
4(0%)
3(0%)
2(0%)
1(100%)
Frequently Asked Questions About FPG PROPERTY FUND
FPG PROPERTY FUND has a TrustIndex of 0 out of 10 on Hellopeter, based on 2 reviews in the last 12 months. Hellopeter has tracked FPG PROPERTY FUND across 7 total reviews. How is the TrustIndex calculated? →
Recent reviews (2)
Used this business recently? Share your experience to help others decide.
Used this business recently? Share your experience to help others decide.
Share Your ExperiencePK
Patrick K
1 reviews | Active since Jan 2020
17 Jul 2025, 12:24
TERRIBLE BUSINESS
TERRIBLE TERRIBLE COMPANY WITH VERY WICKED MINDED PEOPLE. NEVER EVER RENT FROM THEM. We rented a 24 Sqm shop in their ottery mall. They had lots of **** promises, **** about electricity price [R3800 pm] but later they got caught where it was actually supposed to be R750, **** about marketing fees, never did any marketing, constantly changing managers to avoid keeping track of what they promised to do. This was the worst business decision I've ever made. They terminated my lease with one week notice, then locked my business with their own keys preventing us access for the entire week of the notice, then took us to court with **** numbers and now with the help of the court we must pay them R62000. I have no idea how they came up with those numbers and we are a small business. This will put us out of business. Thanks to BIANCA, MASOOD & Co for deceiving us. IF YOU ARE A BUSINESS, NEVER EVER THINK OF EXPENDING YOUR BUSINESS WITH THEM. THEY WILL DESTROY YOUR ORIGINAL BUSINESS AND RUIN YOUR LIFE.
Helpful (0)
|Replies (0)PK
Patrick K
1 reviews | Active since Jan 2020
17 Jul 2025, 12:24
TERRIBLE BUSINESS
TERRIBLE TERRIBLE COMPANY WITH VERY WICKED MINDED PEOPLE. NEVER EVER RENT FROM THEM. We rented a 24 Sqm shop in their ottery mall. They had lots of **** promises, **** about electricity price [R3800 pm] but later they got caught where it was actually supposed to be R750, **** about marketing fees, never did any marketing, constantly changing managers to avoid keeping track of what they promised to do. This was the worst business decision I've ever made. They terminated my lease with one week notice, then locked my business with their own keys preventing us access for the entire week of the notice, then took us to court with **** numbers and now with the help of the court we must pay them R62000. I have no idea how they came up with those numbers and we are a small business. This will put us out of business. Thanks to BIANCA, MASOOD & Co for deceiving us. IF YOU ARE A BUSINESS, NEVER EVER THINK OF EXPENDING YOUR BUSINESS WITH THEM. THEY WILL DESTROY YOUR ORIGINAL BUSINESS AND RUIN YOUR LIFE.
0
Replies (0)BC
Byron C
1 reviews | Active since Jan 2020
23 Jun 2025, 08:23
Bad business. They come first not the client
Terrible service and waisting time. Then they have premises and give us another then when applying for it they say its not going to work. After months back and forth still in process of motivating letter, we get told oh we already signed someone else. Bianca you could have done better!
Helpful (0)
|Replies (0)BC
Byron C
1 reviews | Active since Jan 2020
23 Jun 2025, 08:23
Bad business. They come first not the client
Terrible service and waisting time. Then they have premises and give us another then when applying for it they say its not going to work. After months back and forth still in process of motivating letter, we get told oh we already signed someone else. Bianca you could have done better!
0
Replies (0)AG
EL
Elsabe L
1 reviews | Active since Jan 2020
10 Apr 2024, 07:00
Poor service and commitment to clients
Emails and phone calls go unanswered and no response. Documents are promised on a certain date but not provided, leaving a bad impression of a business. This caused 3 different parties delays and losses.
Helpful (0)
|Replies (0)EL
Elsabe L
1 reviews | Active since Jan 2020
10 Apr 2024, 07:00
Poor service and commitment to clients
Emails and phone calls go unanswered and no response. Documents are promised on a certain date but not provided, leaving a bad impression of a business. This caused 3 different parties delays and losses.
0
Replies (0)GK
G K
1 reviews | Active since Jan 2020
28 Sept 2023, 11:53
FPG Group charging R500 penalty is a Money Making Scheme
These guys at FPG Property Fund in Cape Town run Fountain Rez (student accommodation premises in Cape Town) are in the business of exaggerating student accommodation bills via inaccurate billing system. They charge you all sorts of excessive water and electricity bills and in the process inflating their monthly invoices. When confronted with facts they would verbally apologise for errors in leaks of water due to poor maintenance standards on their part as admitted by them which they would go on to credit you back in the next month’s invoice but they never actually credit you back on the R500.00 penalty charges due to their own errors. So what happens is that effectively students continue to be charged penalties upon penalties even where FPG agrees that they will reverse the erroneous charges but never the penalty charges associated with the charges that gave rise to those erroneous charges in the first place. When you try to follow up with the ladies in the accounting or billing department at FPG in Cape Town (Natasha, Robyn) these ladies present this arrogant stance that seems to be suggesting that “you are the one who looked for accommodation here and you were desperate, take it or leave it” what kind of professionalism is associated with this attitude? I have declared a dispute in writing and one never sees the end of it. I find dealing with FPG so energy draining as the lack of customer care in dispute resolution is lacking. When one curiously starts searching for the origin of FPG, who exactly are they on the Internet, one seems to see a professional outfit with origins from the UK and with broad interests in property investments but where exactly do they get arrogant staff from? We have innocent university students who are caught up in this mess at Fountain Rez in Cape Town and despite efforts to reach out for amicable resolution on matters of dispute you get this arrogance which, quite frankly, is despicable. Even the lease agreement contracts that are automatically generated by this institution have errors on them and when confronted with such facts right at the onset these guys would tell you it’s a system error. They would charge you R500.00 monthly penalties due to their system error. And who charges R500.00 penalty every month for the same issue? It doubles up like that every month. Is this even legal? I have all this in black and white and it’s quite energy draining to continually deal with a service provider who does not have an effective dispute resolution mechanism. What happens eventually is that we get charged R500.00 in penalty fees every month for whatever reason that does not make sense and when they eventually notice their mistakes they are willing to correct them but the penalty stays, and has a compounding effect. I wish this matter be raised directly with the Directors or Owners of this entity called FPG Group.
Helpful (0)
|Replies (0)GK
G K
1 reviews | Active since Jan 2020
28 Sept 2023, 11:53
FPG Group charging R500 penalty is a Money Making Scheme
These guys at FPG Property Fund in Cape Town run Fountain Rez (student accommodation premises in Cape Town) are in the business of exaggerating student accommodation bills via inaccurate billing system. They charge you all sorts of excessive water and electricity bills and in the process inflating their monthly invoices. When confronted with facts they would verbally apologise for errors in leaks of water due to poor maintenance standards on their part as admitted by them which they would go on to credit you back in the next month’s invoice but they never actually credit you back on the R500.00 penalty charges due to their own errors. So what happens is that effectively students continue to be charged penalties upon penalties even where FPG agrees that they will reverse the erroneous charges but never the penalty charges associated with the charges that gave rise to those erroneous charges in the first place. When you try to follow up with the ladies in the accounting or billing department at FPG in Cape Town (Natasha, Robyn) these ladies present this arrogant stance that seems to be suggesting that “you are the one who looked for accommodation here and you were desperate, take it or leave it” what kind of professionalism is associated with this attitude? I have declared a dispute in writing and one never sees the end of it. I find dealing with FPG so energy draining as the lack of customer care in dispute resolution is lacking. When one curiously starts searching for the origin of FPG, who exactly are they on the Internet, one seems to see a professional outfit with origins from the UK and with broad interests in property investments but where exactly do they get arrogant staff from? We have innocent university students who are caught up in this mess at Fountain Rez in Cape Town and despite efforts to reach out for amicable resolution on matters of dispute you get this arrogance which, quite frankly, is despicable. Even the lease agreement contracts that are automatically generated by this institution have errors on them and when confronted with such facts right at the onset these guys would tell you it’s a system error. They would charge you R500.00 monthly penalties due to their system error. And who charges R500.00 penalty every month for the same issue? It doubles up like that every month. Is this even legal? I have all this in black and white and it’s quite energy draining to continually deal with a service provider who does not have an effective dispute resolution mechanism. What happens eventually is that we get charged R500.00 in penalty fees every month for whatever reason that does not make sense and when they eventually notice their mistakes they are willing to correct them but the penalty stays, and has a compounding effect. I wish this matter be raised directly with the Directors or Owners of this entity called FPG Group.
0
Replies (0)NV
Nazrana V
1 reviews | Active since Jan 2020
9 Dec 2020, 15:32
Fpg disgusting property fund!!!!!!!!!!
Disgusting!!!!!!!!!! A true breed of high billing no service and not even registered with EAAB they claim to be in business for years the service is disgusting not worth a cent. Overcharges on every thing. Makes tenant liable for rates and witholds your deposit. Lease is not even CPA APPROVED. Disgusting operation they call FPG and ASHRAF ALLIE HAS NO SKILLS TO MANAGE A PROPERTY AND LEYAKAT PARKER IS THE OWNER OF PROPERTY FUND WHICH HAS NO PROBLEM OVERCHARGING TENANTS DISGUSTING APPAULING SERVICE.AVOID THIS COMPANY!!!!!
Helpful (0)
|Replies (0)NV
Nazrana V
1 reviews | Active since Jan 2020
9 Dec 2020, 15:32
Fpg disgusting property fund!!!!!!!!!!
Disgusting!!!!!!!!!! A true breed of high billing no service and not even registered with EAAB they claim to be in business for years the service is disgusting not worth a cent. Overcharges on every thing. Makes tenant liable for rates and witholds your deposit. Lease is not even CPA APPROVED. Disgusting operation they call FPG and ASHRAF ALLIE HAS NO SKILLS TO MANAGE A PROPERTY AND LEYAKAT PARKER IS THE OWNER OF PROPERTY FUND WHICH HAS NO PROBLEM OVERCHARGING TENANTS DISGUSTING APPAULING SERVICE.AVOID THIS COMPANY!!!!!
0
Replies (0)