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 The Fennel @ Sentul East by YTL, Sentul East YTL

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Minolta
post Jul 22 2013, 12:37 AM

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QUOTE(37 Exposures @ Jul 22 2013, 12:17 AM)
I mean there is no mall to shop in sentul..
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Oh I see. Klcc nearby onli mah via Jln TU Razak. Drive can. Take lrt/mrt oso can. Jln Ipoh got some crappy mall too.

But mall in sentul sure tak boleh wong wan. Not yet anyways.

And with so many malls coming online soon, we'll see lotsa mall failures within next 10 years. With that, mixed development concept may be passé. And success is mini-township/urban transformation centers.
Minolta
post Jul 22 2013, 09:51 AM

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QUOTE(37 Exposures @ Jul 22 2013, 12:43 AM)
There is a mix development project by ytl next to sentul boulevard brows.gif
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Got? What's it called?
Minolta
post Jul 22 2013, 09:53 AM

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QUOTE(Nomos @ Jul 22 2013, 08:34 AM)
Say its 50 sen psf for maintenance, for a 1500 sq ft unit that comes up to RM9000 a year, every year. smile.gif
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So u think its expensive? What do u think the average maintenance will be for similar condo in 5 years time?
Minolta
post Jul 22 2013, 11:19 AM

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QUOTE(Nomos @ Jul 22 2013, 10:28 AM)
Its higher than average. Whether its expensive or not its up to the buyers to consider. Logically if in 5 years the maintenance of average condos creep up to this level, will fennel be able to keep it at 50 sen seeing that they apparently have more to upkeep?
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50 is in 5 years time. Its already prospectively estimated for time. Not sure about more to upkeep? Water features are expensive to maintain, but 50 in 5 will be more than adequate.
I am SURE maintenance for most high end condos will be up in 5 years.
Minolta
post Jul 22 2013, 08:01 PM

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QUOTE(37 Exposures @ Jul 22 2013, 01:56 PM)

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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.
Minolta
post Jul 22 2013, 08:39 PM

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QUOTE(Nomos @ Jul 22 2013, 11:58 AM)
So youre saying 50 sen will be normal in five years time? Or still more than adequate?
Pavillion montkiara only set theirs at 25 sen though, and its also still under construction. Arcoris is 39 sen. Not trying to flame, dont get me wrong. In just thinking aloud that the amount adds up if one were to consider that factor (this applies to any g&g scheme).
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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 shocking.gif 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?


Minolta
post Jul 23 2013, 08:44 AM

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QUOTE(Prop321 @ Jul 22 2013, 11:35 PM)
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
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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.
Minolta
post Jul 25 2013, 08:50 AM

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Want to let go? Tell him good idea. Not good lah this investment. Sentul not worth the price wan. Don't be like cow.

And inform us lah the same day he let go.
Minolta
post Jul 27 2013, 05:22 PM

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QUOTE(good_boy88 @ Jul 27 2013, 10:18 AM)
visited starhill gallery, got a few type A and C units still available with original price, i think they are drop out units.

too bad already vested, no more bullet to absorb more tongue.gif
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Eh, mana ada? My fren is there now and said only penthouse available. Even type B all sold out. Got waiting list for drop out units. But so far none!
Minolta
post Jul 27 2013, 05:24 PM

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QUOTE(Donald Trump @ Jul 27 2013, 05:19 PM)
i think u must be dreaming or high on something..told my friend working around there to grab 1 this morning end up even the type B over million also gone...left penthouse!! doh.gif  rclxub.gif  wasted his time
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Exactly what my fren said. Damn bullshitters!
Minolta
post Jul 30 2013, 11:49 AM

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Today's Star, YTL got full page color advert thanking all "dumb" cowherd buyers for supporting!😄
Minolta
post Jul 30 2013, 03:08 PM

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QUOTE(bukithot @ Jul 30 2013, 12:05 PM)
Wow... you meant hundreds of future funnel millionaires are "dxxb"? lol
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The meaning can be interpreted in as many ways as you hope or like. rclxms.gif
Minolta
post Jul 30 2013, 03:13 PM

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QUOTE(shawnk @ Jul 30 2013, 12:25 PM)
Question is are you one of them?  biggrin.gif
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whistling.gif Can't remember.
Minolta
post Jul 30 2013, 03:14 PM

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QUOTE(Jerrykk @ Jul 30 2013, 03:09 PM)
+1
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+2
Minolta
post Jul 30 2013, 09:08 PM

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QUOTE(anangryorc @ Jul 30 2013, 05:15 PM)
Aha, if I'm not interested in something I won't bother reading at the thread about that something. biggrin.gif
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Aiyah, u should just play along lah! Why burst his fantasy? Haha
Minolta
post Jul 31 2013, 07:33 AM

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QUOTE(mkhooi @ Jul 30 2013, 11:39 PM)
You wanted to know about the reviews as you intend to buy block B/C, am I right? Early morning ,lotsa car in front of Capers-Saffron but mostly at moving condition. Depending on where you work, You have three choice, either take Sentul Link to Mahameru, or Jalan Sentul to Jalan Tun Razak/Chow Kit. Another alternative road is go straight to Jalan Ipoh without taking Sentul Link which can connect to Chow Kit/Jalan Tun Razak. Though Jalan Ipoh is jam sometimes.

After work, I normally take Sentul Link. Straight fly down and you can see cars stucks trying to go to J.Sentul (towards Sentul Pasar direction). Four lanes squeeze into two lanes and lotsa ppl trying to cut queue. Jam could be 10-15 mins.  I'm not sure where is the Fennel gate facing, hopefully not J.Sentul. Even if in J.Sentul, we can always keep to the right and U-turn. Max time I estimate is 5-10 minutes for this section.
If you are buying for own stay, Sentul hasn't fully develop yet. There are no mixed development and very little choice of foodstalls to eat. I have been staying there fore 6 years and dinner always go to the same few places. Of course you can have dinner elsewhere. Sentul Bouvelard considered the the more 'up' place oredi. Though only got mamak and one foodstalls. But got KFC, pizza hut , and lotsa clinic. Also got famous 'pirated' Lau Heong Restaurant.

For me the main attraction is the Fennel design, the price (higher price means higher quality people) and the location. I'm waiting for it to develop. But even based on existing condition, I have no regret buying my Fennel. I may be paying premium price today, but definitely I can't enjoy this price 5 years down the road.

Block C (facing Capers) would be closer to LRT track and if you take a stroll at night, you can hear the noisy LRT. Maybe you will hear it if you are in the pool but I think based on the facing, the noise shouldn't affect the residents at night.  Block B will not have any KLCC view. Selected units of Block C (closers to LRT track) can see KLCC . Premium price I guess.
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Thank you for a well written and insightful post. Too often has this topic been bombarded by repetitive questions of "oh, r u dumb to buy?" or "what's ur game plan?" or "there's much better buy elsewhere" from people fantasizing themselves to be property tycoons!:)

Such a breath of fresh air. Keep up the good work!
Minolta
post Jul 31 2013, 09:22 PM

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QUOTE(cybermaster98 @ Jul 31 2013, 02:37 PM)
This article should give everybody an indication if Fennel and similarly priced developments in Malaysia will be sustainable long term:

http://www.malaysia-chronicle.com/index.ph...2#axzz2aaSg7UHs
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Who is the writer? A property tycoon?

The writers profile. https://plus.google.com/app/basic/114029682...source=apppromo

I think u are better
Minolta
post Aug 1 2013, 09:45 AM

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BBB! Best area in KL. Will be "better" than MK. Or even KLCC. Will be the next CBD of KL. Fringe of Bukit Jalil! At 435/sf is SO cheap compared to cowfarm Sentul! Infinitely better! Hahaha
Minolta
post Aug 1 2013, 11:39 PM

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QUOTE(Prop321 @ Aug 1 2013, 01:39 PM)
I have read again the capers tread..exactly the same comments after the preview 2 years back. . Buyers say good things about the project and some others are bashing. .funny.. it always come back to the name Sentul..
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It's not about buyers saying good things and wannabes bashing but about people not accepting reality.

Reality is that for lotsa reasons, capers and Fennel set new benchmarks in this area and whatever launched so far literally sold out even with limitations of one unit/person after hours queuing. At a price that many perceive as being too expensive in absolute terms but not considering the psf price is very reasonable.

There has never been any condominium launch with this kinda sale that I ever remember. Sold out except for penthouses with just 2 days of limited preview. This is reality.

So there are many who did not expect this. Especially among those that did not manage to get one or could not buy one for whatever reason eg affordability. There's lotsa emotions involved, some trying to justify to themselves more than anyone else the reasons they do not want to buy. As has been pointed out, most people who are not interested in a project will not even bother to spend time here. Then the comparisons with MK which absurdly is what some people think that Sentul is aiming for. Or at that price, can "easily" but a unit in MK being a "better" investment. Sentul is sentul and not MK nor KLCC nor any other fringe of some district 20km away! Comparing these projects with some leasehold development with neither the branding, design, locality, infrastructure and road connectivity is beyond me, with the justification of "better investment". Maybe they are, but fact is fact. The sales do not lie. Lookin back, many considered Capers in hindsight to be one if the best buys of the year it launched. Fennel is not Capers but judging from the sales it may very well be the same for 2013.

Whether its to buy for own stay, or investment or whatever, buyers are not dumb as many here would like to portray. It's embarrassing really to even imagine people who can afford to buy being people who are probably uneducated, with a brain too simple to think but buy because they follow the crowd. If that was true, then saner heads will prevail after the initial rush and we would see tonnes of drop out units back in the market! Alas, there are none. Probably due to presence if a waitin list rather than absolutely no drop outs. But again, fact is there are none to buy now even if you wanted to....other than humongous penthouses.

Not sure whether anyone can say the same for some "better buys" elsewhere!

This project is not about what Sentul is now, but about what Sentul could be. It's a strategic location albeit with an unfavorable past. Again, it's not gonna be an MK or KLCC, but it has a potential that no other freehold area within central KL has.

I know there are many buyers who just read the topic but never post due to the hostility. I sympathize with you all. Such is the standard of forums nowadays. What to do? Everyone is a "property investor" nowadays.



Minolta
post Aug 2 2013, 12:09 PM

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QUOTE(cybermaster98 @ Aug 2 2013, 09:34 AM)
So in your terms, a property that sells faster during its launch is better? So the herds of ppl queing up to buy a condo is a clear reflection of the potential future returns from an investment sense? Have you heard of the term 'herd mentality'? Have you heard about 'economic cycles'? Did you notice the sudden rush by developers to open up their land banks and sell off developments? Do you really know whats happening in the back-ground? Please research the property crashes in US and other parts of the world and tell me what happened before the crash. You would be very surprised at the similarities. I think you need to read more about micro and macro economics and understand how the financial system ties into everthing.

If you have a similar inner circle of friends as i do, you would be posting comments along the same lines as i do and not the typical developer ultra positive talk which we have so often been subjected to.

Spend some time reading this thread:
https://forum.lowyat.net/topic/2889415/+360

Some of the furumers here are actually ppl in high society. They use nick names for obvious reasons. If you could connect who they really are with their comments, you wouldnt be so confident about a developments future potential purely based on the length of the queue.

Cheers!
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Back to talking about herd mentality again? So passé by now but to think that people buying 700psf condo just coz everyone else is buying shows the level of maturity in your thinking. Really, if you can't stop thinking that people buy capers and fennel without any thought and research, then you need to come back to reality.

Economics? Macro and micro? Come on. What are u doing in a property forum? And if you have bought anything in the past 6-12 months, then you're not doing why you preach! If you truly think that property is gonna tank for whatever economic reasons or articles that you attach written by any Tom d*** Harry, then why are you buying?

A success is not measured SOLELY based on how well the property sells, but if you can't even convince enough people to buy all the products you're selling, then your product ain't good enough as your competitor. Period!

Cheers

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