I beg to differ despite i agree tat fennel design is iconic.
Not truly sure about this but im sure u will have more knowledge and experience as compared to me "AFAIK, i dont see any property investment advise that says go for iconic building or have i missed out ?"

But the fact is that sentul east ytl properties prices have doubled beyond imagination.
taking saffron and tamarind for eg:
saffron, develper price sub 300k issh.. today's transacted price 6xxk issh
Tamarind, dveper price sub 200k issh.. today's transacted price 6xx k issh

It was beyond my imagination anything will be above 500k for that 2 high rise 2-3 years back... will fennel caper better looking building double the price? I dont know, god knows and time will tell.

The next question is if fennle sub 800k is flipped at 1mil or even 1.2mil or even higher (at this point many investors may have pancut due to excitement)... what will happen to the two older ytl sentul east condo? going to 800k? another beyond imagination.

but then not familiar with this project , is that having any cash discount still even on drop out unit ?

The best go there / call them to find out as the SA start calling some of my friends early this week for drop out units. They are advised to go to Starhill to check for more details ( layout, direction, prices and etc ) as well.

yep , i do surveyed nearby around this area too . there's too much low cost flat or apartment around , while i can't even get a decent restaurant or mamak over there .
btw , access to KL is very near . The only great things bout this project is the design of the building at the moment .
While there's still alot kosong land nearby , it could be getting more & more crowded in the future for this area .
But not at the moment, it could be another 10 years .

Hijacked again. Hehe.

Need not speed @ 200 km/h, 100 km/h will do.

Nowadays many already mentioned Cyber travel time is short, but who knows the future?

Back to the fennel...

Most of those who bought here assume that thry will be able to sell upon VP with good profit margins or even rent out at rates that will cover their monthly loan repayments. This is the problem cuz this may not happen in 2016/2017. How many of these investors can still hold on to their units if they cant get renters and they cant sell as well? This is when the problem begins. But this isnt an isolated scenario. Affects many other properties as well.

But RM650 psf with this design and nearer location to KL is better value than say Kiara East at Jln Kuching (next to Taman Wahyu KTM station) which costs about RM 720psf.

Most properties in Klang Valley doubled or even tripled since 2009. But using this as a benchmark to confirm similar increases for future properties is foolhardy and clearly wrong. 2007 - 2011 was the bumper years for property investors. Many became millionaires. From 2011 however the story has begun to change. Property appreciation percentages have already started to drop. Occupancy rates are also dropping together with lower rental yields. Take a drive around MK at night and ull see yourself.

We must all be smart investors and learn to differentiate the 'developer talk' from reality. Most of us here have become so convinced by these smooth talking developers during property fairs and property launches that we have learnt to accept everything they say as gospel truth. Even the Gov is playing down the actual condition of the Malaysian economy. Its common knowledge that the Gov and these developers are in cohorts with each other to boost property prices and increase spending. But now the Gov is beginning to slowly realise that they have overdone it. Thats why BNM is shaking now.

Never follow the herd mentality. It will get you burnt.

Based on YTL history again. Can we say that YTL launches are all good buy because they all generally go up in value and mostly doubled. So it is a good investment during launch.
Once someone bought from subsale it, then it is not for investment because high maintenance and poor rental. Most of YTL properties after completion hardly appreciate after that. Is that right to assume this scenario ?
Now the one buying Fennel in future will most likely be for own stay purpose. In your opinion, how much would people willing to pay to stay there ? I personally would prefer to stay in an iconic building. But how much are you willing to fork out ? Fennel is definitely out of affordable range once completed. Will the rich stay there ?

Thank you sir for your advice, it has been an eye opener. Agree that we should be careful during investment and prevent emotional buy.

one very important point that everybody missed out about ytl is that they do not launch their project as often as other developers.
despite holding so many lands in Sentul and Sentul East...they still take their own sweet time...
they launched this Fennel after Capers was launched more than 2 years ago...Capers is now topping up and many fansi has been waiting and waiting for Fennel to be launched. There is where the lack of supply factor kicks in...pretty much like Tan Tan products(which is even more scares in production)

When u buy from developers like Mahsing ,Empire, Setia and others which seems to be like always launching projects year in year out...the feeling of buying from YTL is totally different!! for that matter Tan and Tan product the feeling is even better

if manage to get a drop out unit...i dont even bother to listen to all this risk, price, bad surrounding etc etc factors...cos this 1 is a keeper...if u like high rise building u will love all these 6 structures like dancing around in the middle of Sentul!!!!

if these Fennel buyers are dumb...there are more dumb and dumber people out there buying higher price low quality lousy design products from ABC developer...oh forgot to mention dumbest of all Iskandar

eye opening perspective

You quoted me but didn't answer my queries.
You reminded me tan tan launches that attracted huge crowd and fast selling as well. But I think there are some of their launches which didn't appreciate much even though fast selling with long queue. I just cannot remember which one.

Btw I don't know who said fennel buyers are dumb. Perhaps u get defensive when people wants to give differing opinion ?

Watching pop corn here
Buy tan&tan not bad actually

650psf for this iconic design located within KL city is ok lah..... may not be the bestest investment but defo much better buy than many new launches in the past 6 mths.

Fennel is a capital play and don't expect cash flow neutral or positive in rental yield.

Looks like some people confuse 'herd mentality' with 'dumb'

As foolish as i may sound, i am correlating the facts that went beyond my imagination that prices at this area doubled. I do not mention the other part of KV as it will be irrelevant.
Yes3, we have to be smart investor..

As for MK... its a known fact that most lights are off at night isn't it? Anyting new? Maybe it will be brighter at some other you know where place?

tsk tsk..

+1.
tan & tan finishing quality very good. like it like it.

Most property in KL is hitting RM 1000 psf now.

It is still on full steam BBB mode.

Only question is is it sustainable?

Only time will tell, right?

Some very very humble and nice taikor's saying posted elsewhere.....
Rental value wise...hmm isolated case.. the problem here is that the rental values goes very big difference psf wise.. maybe the level of furnishing...

Lately, I noticed a lot of 'poor review' given by forumers alike to Fennel....

Like I have said earlier, I am certainly no much to tkttt here and unable to 'predict' what's gonna happen in the future.

To me in order to 'safeguard' my investment, I only look at my 'baseline' / the worst case scenario, or rather what's Fennel minimum requirement to sustain or to keep afloat. Thus, I gathered:-

1) During preview, 1 person to book 1 unit, for both Block A & D, mostly will be subject to LTV70 and we knew it all along. Most of the 'punters' during preview will have more than 2 residential loans. At everage RM 800k / RM 650 psf entry, we are looking at monthly installment of RM 2.5k per month + maintenance charges, total holding cost per month approx. RM 3k.

2) Currently the asking / transacted rental at Tamarind / Saffron is approx. RM 3k p/f, I know as I have been living in Sentul before. There's a market for rentals for this product at this location, not high end expat, but comfortably below RM 5k budget.

3) Due to No.1, the composition of buyers for Block A & D are mostly investors + own stay but certainly NOT multiple units investors.

4) As a repeat YTL purchasers, we have made some $ from Tamarind, Saffron, Lake Edge, Midfields, Dale & etc. So for us, we do not mind 'repeating' the same process as it has been working for us all along.

5) SPA is 4.5 years, for Fennel, I don't anticipate to double upon VP, but looking at others current new launch, at RM 650 psf seems fair to me

Back in 2010, I asked the same question about the BBB mode then. Looks like it has been sustaining till today...