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 The Fennel @ Sentul East by YTL, Sentul East YTL

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kingalfred9999
post May 27 2013, 04:29 PM

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QUOTE(stevecheahsw @ May 21 2013, 10:06 PM)
I don't think 600psf can get it, suspect 800psf onward
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I also think so. Ytl subsales at that area are already hitting close to 700psf (690ish psf). If can get at 600psf will be wonderful.
kingalfred9999
post May 27 2013, 04:32 PM

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QUOTE(xyyap @ May 22 2013, 02:27 PM)
Highrise is different play. U have to know your game.

I knew Sentul well. Flip or rental, I am not going to stay there.
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Wonder why u dont want to stay there? location and connectivity is quite strategic.
Are u working in CYBERJAYA? rclxm9.gif

10min to KLCC at about 8am (peak hours)
10min to KL Sentral at about almost anytime
2 LRT stations
1 KTM stations
kingalfred9999
post Jun 12 2013, 09:03 AM

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QUOTE(leongyitseng @ Jun 12 2013, 04:01 AM)
Are u sure?
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Think he is quite sure rclxms.gif . Next question is when? The ytl subsale in sentul still can masuk with price hovering around 650psf.
One of the ytl condo in sentul east even got RM2million sitting in the JMB account. so rich.
kingalfred9999
post Jun 12 2013, 02:22 PM

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QUOTE(leongyitseng @ Jun 12 2013, 02:09 PM)
Why there is no insider news about when and how much they will lauch for this project????
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leongyitseng ko,
what psf u will masuk for fennel. what is the gameplay? share with siu dai. arigatou
kingalfred9999
post Jun 12 2013, 02:23 PM

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QUOTE(leongyitseng @ Jun 12 2013, 04:01 AM)
Are u sure?
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Itu itu apa nama High Speed Rail go stop by Sentul?
kingalfred9999
post Jun 12 2013, 04:16 PM

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QUOTE(xyyap @ Jun 12 2013, 02:42 PM)
That's why many flippers in sentul project too?

It looks like many vacant units looking for tenant.

Anyone staying there? How is the occupancy there?
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Want to listen to real story?
Both the condos at Sentul East enjoy healthy occupany rate. Estimated to be around 70-80% based on the lights at night.
What surprises me more is when the JMBs revealed the ratio of own-occupy is quite high >2/3.

However, The Mapple is a bit quiet. At night only few lights are on. Management office revealed own-occupancy rate is 60%.
kingalfred9999
post Jun 12 2013, 04:20 PM

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QUOTE(37 Exposures @ Jun 12 2013, 03:28 PM)
Owner choose tenant, very picky..from china no, saudi no...property around this area hard to flip nowadays, more on rental play
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Agree 100%. Few years back wanted to rent a unit in Saffron, so damn fxxking difficult. Ask me this and that over the phone....

Hehe... I sounded like an India-indian maybe...
kingalfred9999
post Jun 12 2013, 04:30 PM

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QUOTE(xyyap @ Jun 12 2013, 04:22 PM)
For rental play, which completed subsale project is the best buy?
Budget RM 650k, rental RM 2300 will do.

The Saffron smallest unit 1 cp can do that easily. Grabbing any small unit 650k will be good bargain. Last transacted non fanciful unit is RM680k 1085sqft 1CP.
The Tamarind are bigger unit but slighly older so can do that pretty easily also.


For own play, which completed subsale project is the best buy?
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You like Park? Go West
You like easy access, Go East.
If die2 need small park, Go Saffron.

All security are good. Maintenance is superb.
If u go east, bigger unit layouts are available at Tamarind. Saffron got handful of 18xx sqft units...


kingalfred9999
post Jun 12 2013, 09:08 PM

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QUOTE(brianccg @ Jun 12 2013, 05:07 PM)
For own stay, recommend 1 Sentul.  1355sq.ft asking for RM620K. Low density with 2car park.. freehold some more....
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Proximity to petrol station
Wrong facing will end up looking at low cost apartment
Location:
- requires U turn very far away or can do illegal u-turn shorter
- need to brace through the jam at the pasar

nevertheless, finishing, size, carparks are really good. Unfortunately now its late and missed the earlier sub 450k timing.
kingalfred9999
post Jun 12 2013, 09:11 PM

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QUOTE(37 Exposures @ Jun 12 2013, 04:54 PM)
If rental play, can look for viva, <500k, fully furnished can rent up to 2.5k
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Hows the resident profile there? mostly tenant? what nationality?

Hows maintenance, security?

good for own stay bor?
kingalfred9999
post Jun 12 2013, 09:15 PM

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QUOTE(brianccg @ Jun 12 2013, 04:45 PM)
Lets wait and see. I am confidence that price will hit at least 800psf and will be selling fast even 900+ units
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Boss,
so confident with ytl...smile.gif imho, i agree with u that this will be HOT!

ppl like the iconic senget building design and the fact that sentul east is close proximity KLCC.
further coupled with:
existing
-KTM and 2 Star stations (walking distance some more)
-surrounding subsale price >650psf

future
-KVMRT
-link bridges from condos to stations
-supermarket
-HSR (speculative)

It will be sure interesting to see how the market will react.
kingalfred9999
post Jun 13 2013, 10:08 AM

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QUOTE(brianccg @ Jun 13 2013, 12:01 AM)
If you know the short cut, you don't hv to make u turn. More, everywhere is jam. Tell me which place in kl no jam? tongue.gif
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Brianccg,

No offend. Dont get angry when i say in front sentul pasar is jam smile.gif Where in KL no jam is very general question. Even if u r angry, the jam is still there.

However if we take for example from Sentul go to KL Sentral as a discussion...

From Sentul east, can go straight to Sentul link then mahameru hway.... 10mins can reached
From Sentul west, come from jlan ipoh, cut to jlan tun razak and then to mahemeru... slight jam as many traffic lights.... 17min.. additional 7min
From Sentul pasar, go through boulevard, then sentul link then mahameru, 25min due to jam at sentul pasar and traffic light in from of capers additonal 15mins.

Sentul east, sentul west and 1sentul are all sentul but it takes different timing... it depends on individual lah...

Again 1sentul is more affordable psf compared to west and east... esp the BU is big.. suit family kan?

Can share more info on 1sentul as long time never follow up.

- resident profile?
- rental rate?
- maintenance fees


for rental play, what size n facing u recommend?
kingalfred9999
post Jun 13 2013, 10:11 AM

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QUOTE(xyyap @ Jun 12 2013, 09:08 PM)
Sorry for brothers & sisters here, anything > RM 700 psf, I will walk away.

Good news for u all. Haha.
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taikor walkaway then less competition to buy for us smile.gif
ANy reason 700psf is the cut-off point? I know its high but looking at the surroiunding ytl subsale, 700psf seems like the only possible figure to be launched. if launched at 650psf.. i mati2 buy many many units.
kingalfred9999
post Jun 13 2013, 10:31 AM

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QUOTE(brianccg @ Jun 13 2013, 10:16 AM)
Dont worry, bro.. just a discussion.  Indeed, I totally agreed the road  infront of Sentul Pasar is jam and there is a plan for YTL to re-locate the pasar but all pending for DBKL approval. Tht's why the land opposite the sentul pasar seems no movement at all.

But, like I said...if you know the short cut, you dont hv to go through infront of Sentul Pasar...but wondering how you calculated the time spent?
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No calculation, I tested it all bro:)
kingalfred9999
post Jun 13 2013, 10:43 AM

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QUOTE(brianccg @ Jun 13 2013, 10:35 AM)
Hm... mine is slight diff from yours... tongue.gif
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Update update pls.. sharing is caring.
kingalfred9999
post Jun 13 2013, 11:45 AM

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QUOTE(xyyap @ Jun 13 2013, 11:04 AM)
U have the answer already, Sentul location is good, hence good highrise place.

But it is never an atas place, spending power there is not high. So many years already, yet u can't find good mix development like Tropicana Gardens @ Kota Damansara.

Don't only compare the condo product, compare the surrounding communities too, & u will know Sentul is far from good.

If the build up is like The Saffron from 1100 sqft, asking RM 650 psf price > RM 700k, the capital appreciation upon VP is capped. Hard to flip for > RM 800k, rental yield also quite low.
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Sentul is still sentul... maybe in ones wet dream only it can be like mont kiara.
even with D6&7 injected with herman miller n the high ends, with KLPAC around the corner.. the proximity to mont kiara high end F&B (eg: publika, solaris) makes not much of motivation for consumer (even those sentul residents) to fine dine in sentul...

Until everything is transformed per ytl master plan only it will be different league.

COrrect, saffron is completed and VP few years back.. smile.gif no more VP la...the next VP is The Capers.

Don't only compare the condo product, compare the surrounding communities too, & u will know Sentul is far from good.
> This is accurate statement. Current focus can only zoom into ytl products (aka sentul east and sentul west)..
Basically there is no GnG around here and not sure if there is a plan...


Unlike Mont Kiara and Kampung Segambut- sort of clear line....
For sentul... sentul east and west are in sentul itself.... no clear line..

brought some singaporean friends to sentul from sentul link towards D6&7 before.. u will see them saying "WOW" and impressed.. after making a u-turn at the Boulevard area... they will see cows if u r lucky.. and they begin to get less impressed...
(Maybe xyyap taikor can share the sentiment as u have worked there for some time smile.gif )

Hence, there always a saying "Sentul? Buy only YTL la..."
m2c

This post has been edited by kingalfred9999: Jun 13 2013, 11:47 AM
kingalfred9999
post Jun 13 2013, 04:37 PM

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QUOTE(xyyap @ Jun 13 2013, 02:04 PM)
I shared all liao.

Never work there. Stayed @ Sentul from born to 20 years old. Our old papan house is still there.

Strategic location, but far from atas place, & this is "Malaysia way" of development.

People shout The Fennel RM 800 psf to RM 1000 psf for MRT, it does not attract me, let them BBB loh. Haha.
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When I say u work there, there refers to Termasek lah sir:) nevertheless. Many sentul boys dont buy sentul. Got one very very very x100000 popular investor grow up in sentul who is an author now also never buy there:)
kingalfred9999
post Jun 14 2013, 09:08 AM

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As for whether the fennel is buyable or not, it all depends on individual game plan I guess. Lets move on to constructive debate/arguement.

We talked about "forecast" launching price. Now I think we should discuss the gameplan/strategy.

1. Is this going to be another VVIP sapu sapu project again?
2. Flipping at above 800psf is beyond my imagination at the moment. What do you all think?
3. Rental game playable? I believe it is walking distance to LRT stations.

Hi end price but not yet high end surrounding.
kingalfred9999
post Jun 14 2013, 09:56 AM

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QUOTE(phengeon @ Jun 14 2013, 09:35 AM)
That say entry price is 700psf..How high the rental can b? Most of them who use lrt/ktm are come fr middle class. Are they willing to pay high rental?
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+1
Off my head, I can only imagine those mid-high end expat can afford to rent.
Also, provided this mid-high end expat

-wants connectivity to KLCC/KL who have decided to take public transport (LRT).
- can't afford KLCC rental
- dont have transport (else can stay in Mont Kiara)

adakah golongan seperti atas?

Other than that, working class local can't really afford it...
kingalfred9999
post Jun 14 2013, 12:08 PM

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QUOTE(phengeon @ Jun 14 2013, 10:42 AM)
Wat bout flip? Assume cap appreciated to 800-900psf, selling at 800-900k. Monthly instalment 4k. Probably local working couples can still afford to buy? With ytl kuality may hav no prob in subsale market? Wat all sifu think?
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what quality are u looking for? smile.gif produk quality no comment.. go see urself
but for master develpment quality yes.. but too slow..

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