Yah man... if they are really doing it for investment purpose. I think it's really a gamble. The location is really off my radar completely.

i absolutely agree with you...for the property above rm400psf, i will labelled it as expensive, especially condom property...these type of condom property is just like the front line soldier in a war..first to die..

and i foresee that the the late comer will definitely easily get 50%discount for these types of condom / service apartment when the bubble blown up..

It is just unbelievable... just sharing what I posted in The Fennel thread hence i put a spoiler here (see it if you want)... there are people who skip lunch because of this ok!!




This post has been edited by accetera: Jul 20 2013, 06:45 PM

Thanks for sharing accetera. Were you there to queue as well? Was it all sold out?

I acknowledged the recent hot weather. But wonder wats it so hot bout tis fennel???

Buy 1 get 1 free kinda product??? Dun think so. Its no doubt vely near to kl city but at 800+k with 1+k sf, its a lil overpriced for sentul. With almost the same distance, royal regent look more promising thou I like the fennel design vely muchi.

However if its an almost sold out project, it mean many out there stil willing to fork out $$$ for props. With tis price tag I blif not many fliipers were in the queue.

ya wor. your absolutely right. if it's really sold out i really dorno what to say. Was there any rebate for this??? YTL won't be giving out ma right...

Somehow i get to know a few project.. u pay deposit RM5k.. rebate 10% nvm.. still giving out cash back.. seriously... They jack up the price to fish this kind of greedy property buyers..

I was not in the queue, but as mentioned in the thread, many people including myself would just trust YTL. Just that... is like buying branded goods.

Right or wrong, it is just YTL. And as mentioned and coincidentally, I saw their presentation before about the future Sentul and was quite impressed.

YTL properties are way beyond my affordability so just passed on...

This post has been edited by accetera: Jul 20 2013, 10:20 PM

Thanks for sharing hurmm.. Hope to know more about it as well. If they are really bringing up sentul area perhaps can really think about Sentul.. but not from YTL for sure... Bo lui for their project...

YTL is certainly not for ordinary joe.

Just like how many of us would go for YTL's brought-in Truefitt & Hill haircut wor...

Btw, along the way coming from The Fennel's long queue, one would soon noticed what could be Malaysia's first Louis Vuitton global store. One of the region's largest. Now renovation under way until next year...

However 700psf is not too expensive if its not in sentul. I dislike tis part of kl.

if YTL is really committed to bring this area up then we can buy from xxx developer selling 50% or 60% cheaper of YTL's price. haha

I do think sentul has a good future. But ytl cant do it alone.

Yeah. agree with this.. if it's like their YES 4g.. then good game... definitely going to die... like SS19 Olives.. Now they are going to build Olives2.. They really are asking for trouble...

I agree especially with all the MRT, KTM and LRT passing by the heart of Sentul. All YTL or whichever developer have land in this area needs to do is to really develop it. I heard YTL is building a small mall opposite Saffron I think with link to KTM station.

Anyhow.. those hundreds lining up for Fennel today and VIP that bought a ton yesterday may know something we all don't. Anyways can't contemplate on any props now... bullet dah habis

If ytl sentul one day become dijaya tropicana in pj.....then also not bad mah ....... It did have its criteria to be on par ..........

i think many ppl think that no point keep money in bank. money will get smaller especially when Jib gor announced high income (high inflation?) by 2018. so we are 2 years earlier for high income high prices era. i think more parents willing to fork otr thier saving to buy prop for their children. 1000 today maybe will become 500 in 2018. everything start naik harga now.
beside prop what else can we hedge to inflation?

I agree with this.. Money will most likely shrink faster than we were used to in the past.

One of the factors is these people has the confidence of a brand that made them money in the past. YTL has created a group of fans

Another factor is that each area be it high income area or low income area, there are some rich people living there who need a better home. While they stayed there all their life, they do not wish to move to unfamiliar area like KLCC or Mont Kiara

In Sg buloh we have Valencia/Sierramas. Klang/Shah Alam we have Setia Alam/Bkt Tinggi. Segambut Dalam we have Mon't Kiara. Kepong we have Desa Park City. So may be Sentul people need some projects like YTL

how about "matured areas" like cheras, serdang, ampang, setapak ??
where is the potential "WONG" project? maybe can target now..

Today RM600k.
2014 RM750k
2015 RM700k

I bet if this scenario happens, during 2015 many people will say 'you seeeee!!! property market crash already! told you liao'.