don need ban lah. unfair for those who really interested in discussing Fennel.

for the DDD camp, biar lah let them continue buy so you can take advantage later isnt that your plan? why bother commenting and keep condeming the property? you yourself wouldnt like it when you happily purchase something but people kept on pouring cold water on you isnt it.

for the UUU camp, and those purchased, congrats on the paper gain (better than none isnt it) i believe they have the holding power and hopefully in future they could have real gain.

The Fennel has been use as market direction marker for UUU campers that properties speculation party r well alive.

Often been use by property agents as living prove to convinced their customers buy now & buy fast.

Anyway my point is direct towards those moderator & admin who is double standard & selective prosecution.

Either they choose to be strict on forum rules & take action on all thread & members who broke the rules, or take open approach to allow all thread & members posting so long doesn't seriously broke forum rules.

But what I see here is their hypocrisy, selective prosecution, double standard, which is an disgrace to the forum.

Well I don't consider myself in either of the camps. All ive said is for investors to be selective in the properties they invest in and to ensure they have the holding power to sustain their investments through an property slump. If they can, then any of the property developments out there would appreciate given a certain time frame.

If anybody wants to pour cold water on my investments, not an issue. Just back it up with valid points / discussions. If their points hold true then its obvious ive made a mistake but if I ask them to be silent I would never learn. This is critical thinking at its best and it should always be encouraged.

My last investment was at Kiara Residence 2, Bukit Jalil. Purchased 2 high floor units (1457sf & 1490sf) at RM435 psf this year. Comes semi furnished with DIBS and 3 individual carparks each. Completion early 2016. New LRT station right next to the condo. Its the cheapest among the surrounding new developments (except KR1). I haven't given the slightest thought to paper gain despite the developer raising prices for new release units cuz I know paper gain holds no weight in the future market. Does anybody think this was an unwise investment?

This post has been edited by cybermaster98: Dec 11 2013, 03:41 PM

Hi brother, aren't u supposed to be in the UUU camp then?

Not quite. Just because I invested in properties this year doesn't put me in the UUU camp cuz I believe a slump is coming. I don't deny that. I would say 95% of properties will appreciate given time. The only question is can an investor sustain till then without incurring losses along the way?

Wait, there is still less 435psf units in Bukit Jalil now?

Anymore units available?

1 year ago still got. Haha.

True true.

The concern for me is how many are genuine investor nowadays as I found too many investors wannabe who seek to flip immediately after VP.

In a different thread someone who bought a landed property can't even afford a 15K Mot, hopping to flip immediately after VP ask possibility of delay the payment & pass to buyer upon flipping..lol

What happen after that?

Wahh. That is dangerous sign.

RM 15k MOT, I reckon the buying price was RM 700k landed. But not many developers willing to pass the MOT payment to subsale buyers except for smaller scale developers. Big developers would not rather issue ing confirmation letter to transfer the MOT to new subsale buyer.

suicidal

Aiyah bro...this is what we call direct transfer lah....

It is no big deal...we conveyancing lawyers do it all the time.

Of course, if direct transfer is declined by the developer, then must be double transfer loh, but no problem, since the 10% deposit from the subsale should be enough to cover the 1st transfer MOT costs...

I don't see what is the issue here.

Plenty of speculators just delay the issuance of titles only, up to 1 year.

It seems UUU and DDD is where most threads are coming to right now. While I dont like to participate in those discussion because its always an ego fight, it irked me to no end of certain things, hence this also turned into one of those. My apologies to those forumers that felt offended.

Somehow, there is a perception that people buy fennel because of certain reasons that defy a clear investment analysis. This to me was xxxxxx. I think if its a concern of the developer quality, or area opportunities, or other reasonable reasons, I am very open to these. But suddenly this thread was bombarded with postings that appeared to have an agenda undermining the project. I took to actively posting. I posted the exact figures that showed current prices vs 5 months ago prices. Despite all the "negativity", it showed a paper gain. There is no way to flip this as name transfer is not allowed. For existing buyers, many will be happy of this. Especially taken into account the price point, and the ultra long construction period in current economic environments.

Well said!

People r all looking for clue to take their next action. This tread has done such a good job that it attracts so much attention. U might be surprised that some people has treated u as the leader of one camp here unconciously.

There are no leaders in any discussions. The same way there is no clear cut UUU or DDD camps. Im not in either of those camps. If i was in the DDD camp, i would not have invested in property this year. If anybody had read my earlier posts on this thread, they would have seen that i mentioned very clearly that i did not think that Fennel was a bad choice in fact the contrary. Im not against Fennel in any way although i think YTL should not have encouraged the 'herd mentality' buying spree which only served to benefit them. In fact, if anybody had bothered to check my posts on the Vynes thread, they would have seen how i 'promoted' Fennel as a much better investment.

My whole point in this thread is the same in any other thread which is for investors to buy with the consideration that a slump might be coming and they should be in a financial position to withstand the storm. 95% of property will appreciate over time. There are only very few examples out there of properties which have not. Fennel won't be one of them. But the danger lies in investors who buy without consideration for their own financial standings. If you are an investor who has taken into consideration all factors before investing, then slump or no slump, u will be fine. But if you havent, then ure gonna be in trouble. Its the same for any development. No development will be immune to the effects of a slump. Its only the matter of how bad and how long those effects will last.

Bottom line is that if ure financially stable and are confident of being stable even in the event of a slump, then Fennel (and 95% of other developments) would be alright to invest in (depending on your risk appetite). If not, then it becomes a game of Russion roulette. Plain and simple.

This article spells trouble for property outlook in the short-term....

http://www.theedgemalaysia.com/highlights/...lden-goose.html

this I agreed silently

Thanks for sharing. Really eye opening!