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.

I also agree RM650psf for such iconic buidling is really
Ok i posted about speculators number and looks like mostly are really buying to flip but I am sure many of them has holding power and would love to stay in such iconic building until they found someone willing to pay the price.
I would like to compare another YTL masterpiece with this is the forgotten Centrio.
It also very iconic and of cos price doubled after it was completed. But since then price has not been moving after that and there are difficulty in finding tenants as well.
Can we compare this again Centrio and what is your view ?
I think iconic is great but there is a limit and after some time, people still say location.
AFAIK, i dont see any property investment advise that says go for iconic building or have i missed out ?

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 ?

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 ?

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.

actually, why need to limit 1 min to choose the unit ? Despite this fernnel has been a success, don't you think it has been unfair to the buyers ? I know some buyers felt proud of owning fernnel and with that 1 min story but it is better not to mention it. Boasting 1min story may have negative repercussion on you.

I m here for peace
I do not deny Fernnel has been a success. I just felt that it is unfair for buyers with the 1min decision thingy. This may next time set a precedence to other developers as well. In the end, it is only the buyers being taken advantage. While I understand, many would have been speculators and they don't mind whichever unit as long as it appreciates but there are bound to be some genuine buyers.
Ok let us now accept the fact that this property is probably one of the best anticipated property. A lot of interested buyers. A good concept and outstanding design but lastly it doesn't guarantee a huge appreciation once it is completed. However, it does has potential in getting a big return.