ytl powerful mah.

I have a good idea. We shall have ytl MCT Lakefront @ Cyberjaya!

Brother, since u brought up Cyber...

I wonder how many here, see actual environment Cyberjaya vs sentul, especially people who buy for own stay.


This post has been edited by xyyap: Jul 22 2013, 10:11 PM

cybermaster.. not cyberjaya la..

No name. Only drawing proposal? But nice design. Fennel land initially oso was some sort of mixed development, but later changed to full residential condo only.

I think mall here will be a white elephant. But thats just me.

700psf at this location and ppl are queueing up like go buy concert ticket like that..

Fark me...

Not normal. Agree with you it'll still be higher than others. I still think 50 in 5 will look decent and not gonna cause so much as now. MK condos have lotsa pressure to push maintenance fees higher. Older MK condos like Pelangi didn't have enough funds for repainting and refreshing, so owners had to pay up one lumpsum amount. Most sinking fund used up just to maintain facilities.

Few MK condos have already increased their maintenance fees since past 2 years. Averaging 30-35 cents now (inclusive sinking). There will be another hike within 5 years to bring it up to high 30s or low 40s. No offence too, but 25cents for Pavillion MK is "artificially low". I believe its really a marketing gimmick if really true. Do you think it will not be enough to cover maintenance? If they are using Nepalese guards, I dont believe so. If so, why does Arcoris with 1200 units (including hotel suites) need 39?

I don't agree mall is just a white elephant..
Think more broadly and look at the properties nearby MRT interchange in Thailand, HK, Spore,JP..Hotel+Mall
Even I myself also prefer to stay nearby interchange when go travel..

When most of ppl said not worth to pay 700psf in this area....just want to share, my colleague sister said quite a number of them are repeat buyers which unlikely will hv bank loan issue. If it is not worth the penny what make them keep buying ytl project? Die hard fans?

only time will tell...let's hope the music doesn't stop in this game of musical chairs...

First two blocks of YTL’s Fennel in Sentul East sell out within two days
The StarProperty | July 22, 2013- Featured, Property News.
http://www.starproperty.my/index.php/prope...s-last-weekend/

Punters booked places in queue from night before with shoes and pieces of paper; at sales board, they were given exactly one minute on a timer to decide which unit to purchase.

Buyers queued from 6:30am to get the first pick of The Fennel units.

The first two blocks of YTL Land & Development Bhd’s The Fennel condominium tower units were sold out on day-two of its preview, announced the developer, after its preview last weekend.

Friday’s preview which promised a “first release” was open to VIPs and staff while the following days were open to previous buyers and registrants, which numbered 5,000.



The Fennel consists of four blocks of 38-storey condos situated at Sentul East with a total of 916 units ranging from 1,000 sq ft to 1,500 sq ft. Early indications of pricing were quoted at minimum RM650 per sq ft while YTL’s report said that the units were priced at RM700 per sq ft. The booking fee was RM30,000, which is refunded (minus 10% administrative charges) if the loan is not approved.

Project manager Y. T. Chee, who took one day of leave from work to accompany his friend to Friday’s preview, describes a hectic atmosphere.

“People queued up from 7am and each person was given one sheet of paper to buy one property, and to bring one guest with them,” he said. “The doors opened at 10.30am, and two lines were formed: one for staff, and one for VIPs.”

Some punters had begun staking out their places from the night before.

“Both lines were allowed to go in in groups of five, at which buyers were given briefings. At the sales board, each buyer was given exactly one minute to decide which unit they wanted to purchase,” said Chee, adding that buyers were even timed with a timer!

“‘Time starts now,’ they said. If you didn’t decide within one minute, you were asked to give way to the next person in the queue,” he says.

Speaking of the public preview which started from last Saturday, YTL Land & Development Berhad executive director Dato’ Yeoh Seok Kian said: “People were queuing from 6.30am at the YTL Land’s sales office in Starhill Gallery. We expected a huge turnout based on how fast The Capers was snapped up at its launch, but the response for The Fennel is even greater!”

The queue which started from the entrance of YTL Land’s Sales office snaked round the entire Relish floor at Starhill Gallery.

In fact, some punters had begun staking out their places from the night before on plastic stools that had been set up for the preview, according to Mr Y of PropertyWTF.com.my, who attended Friday’s preview. “Many of them had to be shooed off and they left shoes and A4 papers to mark their territory!”



Chee, who had attended Friday’s preview, also returned on early Saturday morning at about 2.30am to buy another unit for his friend who lives overseas. “I saw people with sleeping bags and pillows there. They had devised their own system, where they put up number on sheets of paper to put on the stools,” he said.

Chee was rewarded for his diligence by getting a three-room 1,186 sq ft apartment within the first block for about RM820,000. A similar unit would have cost about RM50,000 more in the second block, he says.

The Fennel is YTL Land’s fourth residential project in Sentul after The Capers, The Tamarind and The Saffron, all situated in Sentul East.

According to the developer, The Fennel along with The Capers is set to alter Sentul’s skyline with its angled and wave-like iconic design. Its sharp angled iconic towers are interrupted by spacious sky terraces. Nestled in pairs, each tower is connected by a suspended 50m pool flowing from block to block.

I am ytl repeat buyer and will humbly share my thought.
Bought tamarind 200k, sold 500k. Bought midfields 220k, sold 480k. Bought saffron 240k, sold early 460k. Bought d6 500k but stucked couldnt rent out! Bought capers 480psf and will be happy to sell 700psf upon vp. Bought fennel 660psf.
Its not perfect but overall i am happy with ytl. Even if fennel is stagnant at 660psf in 4.5 yrs, i am ok with it, becoz i have been averaging up. This is probably the thoughts of many ytl supporters.
When midfields 2 launch, i will go in to get 1 or 2 units regardless of pricing as long as i can get units in first block. This is because ytl always reward buyers of early blocks

Thank you for sharing. And congrats on ur purchase. But I caution you as there will be some forumers who will then ask what if you compare with this other or that other project, do u think you made as much money? Or if you're part of some cow mentality who just buy without thinking because the line was long. Haha.

He may choose not to answer then .......

I booked 2 units smallest saiz... Just to flip..

I booked 1 type A and my brother booked 1 type C also, just to flip.
Nothing to worry, there will be lots of water fish after 4 years to buy the units

and no, I'm not rich enough to actually stay there myself, I personally prefer landed house with that price

Haha hope you can flip them easily then or else you might find youself to be the waterfish.

Seriously man if you intend to be a seller don't be seeing your clients as waterfish.

Congrats to you can purchase so much YTL property. Envy you much.

Congrats.
Of course there will always be another project which you did not invest and might make money than YTL projects.
But your record is kind of B+ if not A, apa lagi lu mau.

Can I ask you what happened to D6 and D7? nothing seen to be happening ???

God knows I am with you guys. YTL properties never lose money. I agree and many have already made money from YTL.
We all know YTL is like our choi san and never disappoint us.
We can quote a number of great YTL properties that gave us durian runtuh.
Now there are 2 points of discussion i want to bring up.
We all also know that YTL workmanship sux, therefore, most property are not luxury. Most prop launched were quite affordable and cheap. When completed it is, it still sux but looks nice exterior.
Now, let's take maple as a comparison, because it was marketed as higher end. I am sure it has gave a nice return today. But can anyone recall, how much profit when it was just completed ?
It seems maple was never mentioned as good investment of YTL properties but it rather the best comparison to take instead of saffron, midfields, centrio that were marketed cheaper and affordable.
Besides, the price escalation, is the market transaction normal for maple ? Just afraid got price no market.
Now my second point of discussion .. everyone knows YTL properties make money. We all know history. But we forget about foundation. First why is everyone buying Fennel ? Can i safely assume 70% bought for flipping ? and that is around 700 units available in the market 5 years later. Investment breaks down to rental and capital appreciation. Capital appreciation is also related to rental. I guess we can safely assume that rental play is not game plan here. So out it goes. Capital appreciation also depends on demand. People who buy 5 years later meant to stay. But will there be such huge demand in Sentul area to support for that kind of supply of speculators ? It will not be something affordable 5 years later. Despite it's iconic look, do we have so many buyers in Sentul ? Can someone enlighten me or share your thoughts.