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 The Fennel @ Sentul East by YTL, Sentul East YTL

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mpca
post Jul 18 2013, 01:41 PM

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QUOTE(mkbb77 @ Jul 18 2013, 01:32 PM)
Downpayment is RM30k, how much is the booking fee?
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booking fee is RM30k, the pay balance of 10% of purchase price upon signing of S&P.
mpca
post Jul 18 2013, 01:47 PM

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QUOTE(ahrapture @ Jul 18 2013, 01:45 PM)
Wah,  coming close to 100k. S&p to be signed within 14 days?
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If purchase price is RM700k, booking fee is RM30k, balance of 10% is RM70k less RM30k = RM40k. So your total outlay still RM70k.
mpca
post Jul 18 2013, 03:34 PM

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QUOTE(phengeon @ Jul 18 2013, 03:30 PM)
Wil be known in two weeks? Wao.. it will affect the price for whole sentul..
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Fennel's price already factors in an announcement on MRT, was curious what is an Integrated Station as appeared in YTL's invitation?

But I really doubt that HSR will pass through the area as the HSR route is south of KL, Sentul is in the north
mpca
post Jul 19 2013, 03:48 PM

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QUOTE(owj @ Jul 19 2013, 03:45 PM)
Looking at the price for KLCC view, wouldnt it make more sense to get Maple if want to buy in Sentul?
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sometimes we get intoxicated by all the buying frenzy that our ability to think is affected tongue.gif

Developer will be smiling from ear to ear with this weekend's pricing
mpca
post Jul 19 2013, 04:25 PM

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QUOTE(mkbb77 @ Jul 19 2013, 04:23 PM)
For me, this project good for own stay if can afford it but definitely not for investment!

For rent, very competitive as Capers, Saffron, Tamarind can provide cheaper rental.

For flipping, 4.5 years construction period too long, buy other place definitely can flip few times and margin sure more than RM120k.
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did they say why construction period is 4.5 year? Way too long. For Capers, its 42 months.
mpca
post Jul 22 2013, 11:07 AM

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QUOTE(ecin @ Jul 22 2013, 11:05 AM)
ohmy.gif
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Is the Fennel carpark under or above ground?
mpca
post Jul 22 2013, 10:45 PM

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QUOTE(brianccg @ Jul 22 2013, 10:37 PM)
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?
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only time will tell...let's hope the music doesn't stop in this game of musical chairs...
mpca
post Aug 30 2013, 10:58 AM

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QUOTE(Prop321 @ Aug 30 2013, 10:24 AM)
The lanai runs across the whole length of your unit. . it is either 600mm width or 1000mm, hence you have 1186 and 1237 built up for type A ..there are glass sliding doors at living and bedroom for access to the lanai..it is not wide enough to put chairs etc..it is for you to stand for smoke or view the pool and landscape park
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yepp...didn't think the lanai served much purpose, as YTL has not boasted much about it...i.e. not a marketing strong point
mpca
post Sep 27 2013, 12:56 PM

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QUOTE(Minolta @ Sep 27 2013, 12:47 PM)
Not good news.....if one is also aiming at another buy.......
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you are assuming rpgt is for 5 yrs, I am hearing govt will increase rpgt period in addition to its rates..
mpca
post Sep 27 2013, 01:03 PM

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QUOTE(Minolta @ Sep 27 2013, 12:59 PM)
Yup, quite sure it'll still be 5 years. Rate increase is done deal, but unlikely duration. It will be overkill. They want to curb short term speculators, not genuine investors. But we shall see.
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yepp, >5 yrs will cripple the industry, hope for the best!
mpca
post Oct 25 2013, 10:47 AM

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QUOTE(kochin @ Oct 25 2013, 09:03 AM)
what's the construction status like?
any more updates on capers?
by now should be able to see the product quite clearly to benchmark against the rendering, right?
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Check out the status as at Sep 2013:-

http://www.capers.com.my/progress.asp
mpca
post Nov 14 2013, 09:40 AM

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QUOTE(Ultra123 @ Nov 14 2013, 09:39 AM)
berapa u paying and how u define u get a q? top 100 ppl? top 10?
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I can...charge by hour rclxms.gif
mpca
post Nov 15 2013, 10:13 AM

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QUOTE(ProPStaR @ Nov 15 2013, 09:05 AM)
This place is purely speculated property.
Although it is iconic but i have reserve on the demand upon completion.
Rental is not gonna make it, appreciation is also pressured with so many units completed at the same time.
But i agree many would not want to sell upon completion and many would like to keep it as it is one hell of a product.
When gem shine, it will also brighten the surrounding rocks. Anyone know which condo that have a good view on this iconic building ? it might be a better bet.
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Capers...those who bought facing Sentul will have one hellava view when Fennel is completed...I know someone who bought Capers for RM440 psf...make money kow kow..
mpca
post Nov 15 2013, 10:33 AM

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QUOTE(shadow_walker @ Nov 15 2013, 10:28 AM)
thats the logical thing todo.

but pipu flocking the fennel sales are banking on the idea that if they got the first bite, they will sure fire profit.

plus subsale requires bigger capital outlay compared to primary market. no?
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yes, anyway I saw this ad for capers asking price of RM796 psf.....buy in Sep 2014 = 3 years earlier than Fennel completion = early rental stream.

http://www.iproperty.com.my/propertylistin...ominium-forsale
mpca
post Nov 15 2013, 11:17 AM

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QUOTE(kingalfred9999 @ Nov 15 2013, 10:55 AM)
my 2c,
just my thoughts la..as this morning too free and nothing to do in ofis...
Pipu alwys like to compare (or make reference )with MK...

Generally MK occupancy rate is not high (supported by lack of lights at night) but so what? Most buyers are buying to keep and sell. Hence naturally it will be empty at night. It is "investor property (u can call is speculative) so expect it be that way smile.gif

As for Sentul-YTL only.... not other sentul, acclaimed with:
-YTL masterplan
-Connectivity to major highways
-LRT, KTM and MRT or even HSR (konon konon)
-parks and greenery (all or most YTL condos got parks, Maple, Saffron (except Tamarind)

My boobservation...
-By nature, rental yield is not super good (circa 5% according to one of the recent blog), expect more challenging rental environment for Fennel...(supply and price)
-a very very huge mixture of tenants with small community (unlike MK with Korea kampung, Japan village, french colony)... those in Sentul East and West are sort of isolated group. So far.. Upper class ME, americano, dutch, frenchies, korea, japang and of course the local..
- though no international school within the area, there are still many arrangements of bus/van picking up kids to take them to the private school nearby in the morning.

So what I think of Fennel and Capers as the impact?
- introducing of iconic buildings that could sort of attract some attentions to this area.
- more units available in the community... rental competition? Maybe create the more market place?
- another step to transform the sentul...

So what i personally experienced over the years? smile.gif
When tamarind n saffron was launched.. we asked ourself: What? Sentul? Why is the price so high?
When Capers was launched, we asked again. Why is the price 4xx psf (4xxpsf then was high)
Now, when fennels is launched.. I asked myself... why the price again?!

So far, all the YTL products in sentul enjoy very good flipping price and ofcourse superb security and maintenance .. record pricing is set each time defying gravity... eg: i never thought maple, saffron and tamarind subsale price today...can reach this level...

Good luck buyers...
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Good analysis and very true...those who have been following YTL's journey in Sentul over the last 10 years will attest to this...

mpca
post Nov 15 2013, 11:35 AM

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QUOTE(cybermaster98 @ Nov 15 2013, 11:27 AM)
Do remember that a good yardstick that we can use to determine if our property prices are sustainable or otherwise is the gross rental yield. Generally, rental yields of between 4-5% mean that the property is overpriced while yields of 6-7% mean that the property is fairly priced.

So when rental yields start dropping below 6%, that usually means that we're heading towards an unsustainable level and investors should practice extreme caution when investing. Most rental yields now are around the 4% range which is actually dangerous.

So always practice prudence before investing. Appreciation of the last 4 years should never be taken as Gospel truth for future capital appreciation. We are at the tail end of the property boom and nobody knows how long the next slump is gonna be.
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Just a quick question, should rental yield for a completed property be based on original developer price or completed property price?

2 years ago, I sold my condo for 50% more, thinking we were at the tail end of the boom, today it's double in price. vmad.gif
mpca
post Nov 15 2013, 11:48 AM

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QUOTE(cybermaster98 @ Nov 15 2013, 11:45 AM)
That's the herd mentality which allow developers rake in millions in profit while investors without holding power are left high & dry when a property slump happens.
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Love how this Fennel thread has sprung to life....it's interesting to read all the posts....of course, there some with ulterior motives but helps to make an informed decision on whether to buy Fennel...thanks guys!
mpca
post Nov 18 2013, 11:06 AM

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QUOTE(chengcheng @ Nov 18 2013, 11:02 AM)
How much is Fennel selling psf now?
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Good to know that ytl is doing something to raise the profile of the area...about time.
mpca
post Nov 20 2013, 12:08 PM

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QUOTE(tat3179 @ Nov 20 2013, 12:01 PM)
I think this is how Hindus cremate their dead here...someone tell me if i am wrong...
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yepp, the logs of wood are used as fuel and the dead body placed on the concrete slab, it's an ancient method that is still allowed in malaysia, similar to the cows grazing next to the lrt rclxms.gif
mpca
post Nov 25 2013, 12:09 PM

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QUOTE(T_flash @ Nov 25 2013, 11:02 AM)
enviroment check??? temple/new furnace for....the stuff I've mentioned many times before
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If you are high enough in the new condos in Kuchai Lama, you will get a great view of Nirvana...

same as ecoworld's property in Jalan Ipoh, nice smelling landfill and a new incinerator in the works...

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