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 The Fennel @ Sentul East by YTL, Sentul East YTL

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berman517
post Nov 18 2013, 10:11 AM

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what is msc?lol
berman517
post Nov 18 2013, 12:51 PM

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anyone wan to let go phase one?
let me know...interested buyer here lol
berman517
post Nov 19 2013, 12:28 PM

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I dont think after 5 years aka vp, ppl will dump fennel at the price lower than current price.

Prices in everything will gone sky high in 5 years time.

Why?
We got gst 6%, we got subsidy removal policy, we got inflation, we got 2020 target...etc.
In long term, your cash 900k in 2013 worth only probably 650k in 2018.
Money value depreciates...

Buy now or you buy at min RM1000psf AFTER 5 years.
btw, anybody wan to let go their fennel unit... sweat.gif ?
interested buyer here

This post has been edited by berman517: Nov 19 2013, 12:29 PM
berman517
post Nov 19 2013, 02:11 PM

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QUOTE(cybermaster98 @ Nov 19 2013, 01:14 PM)
So when money is eaten by inflation, would that increase the number of ppl who can afford high value properties or decrease when salaries remain stagnant? Owners can increase the price all they want but in the end there must be a buyer. Malaysia is currently a buyers market and this will get worse in the near future.

Everybody is looking at new launches and the number of ppl lining up to buy. But how many ppl are observing the secondary market? Are sales as good? Everybody assumes that they will be able to sell after VP as easily as they bought it during the launch. That's the main problem. Not many of the ppl who go around investing in new launches with the herd mentality have any idea what-so-ever- of the situation in the secondary market. They don't understand that the factors which helped them invest in new launches (DIBS, free SPA, free loan fees, no valuation, etc) are not gonna be present during subsale. Plus you will be competing against a few hundred other owners with the same intention. That's how it becomes a buyer's market.
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What u said is true. thats y a prime location is important for investment.
Fennel is definitely at one of it. look at its surrounding facilities.

Remember, msia is a young and growing country and 2020 is coming...
Demand will be always there and it will be even stronger after 5 yrs with limited kl land available.

berman517
post Nov 19 2013, 04:10 PM

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QUOTE(cybermaster98 @ Nov 19 2013, 03:09 PM)
What's in store for 2020? U still believe in Wawasan 2020? That's long gone la bro.

Anyway, here's an interesting article i read today:
http://www.thestar.com.my/Business/Busines...ors-beware.aspx
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come on. 2020 is just one of the catalyses.
of course, all this is subject to your holding power.
like u said, buy a property and prepare urself to hold 1-2 years in bad case, if u plan to flip.

be a rational buyer. dun overstretch your financial.
for those with healthy financial condition, fennel is a project where there is good and potential appreciation value compare with most of the newly launched projet out there.

berman517
post Nov 19 2013, 06:51 PM

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sentul is an old area.
Restructuring, re-developing is ytl's mission and target to make it a prime location like mk, bangsar.
it is still at its begining-mid transforming stage & is ur call to join now or not.

My father used to say pj is a poor and far area back 20 years ago.
see hoy chan is stupid to build his empire far away from city and ppl bought it is also the same.
look at BU now. lol

This post has been edited by berman517: Nov 19 2013, 06:53 PM
berman517
post Nov 20 2013, 04:49 PM

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QUOTE(cybermaster98 @ Nov 20 2013, 04:36 PM)
Ure again going back to that same redundant argument. Why do u keep using Safron and Tamarind? Those were properties bought and sold during the bull market. Of course anybody who invested here would have made money when they sold. Don't u get the point? What holding power do they need when they were in a bull market? Holding power only becomes a necessity during bear markets.  doh.gif
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how long a bear market will last? blush.gif
berman517
post Nov 20 2013, 05:20 PM

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QUOTE(tat3179 @ Nov 20 2013, 05:03 PM)
If you have an answer for that, you will be a multi-millionaire in no time...biggrin.gif
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just give an average bear market period using past bear market period. laugh.gif
berman517
post Nov 21 2013, 12:11 PM

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QUOTE(enteryourusername @ Nov 21 2013, 11:57 AM)
Have u been there the sales office?

For other projects yes you may need to worry but for Fennel at least phase 1 the banks were already giving out loan based on net selling price.

The prices are shown in initial selling price, discount amount and net sellin price and its the net selling price that would be in SnP so banks would only give loan based in what it is stated in the SnP.

Conclusion? No effect on Fennel.
Suggestion? Get to know more bout this project 1st before worrying?
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all this people just cant or dont trust ytl or even dont believe there is a good developer.
they just like to raise doubt.

dont even bother to find out the truth or go to the sales gallery.

Conclusion:
DIBS is confirmed before end of this year.
BNM new rules on 15/11 has no effect on Fennel coz they are well complied since phase 1.

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