it's still a high end building and environment within the perimeter. but rental have to follow area, and for now it's still work in progress.

the situation is like best house in a second rate area, old condo in bangsar would be worst house in a first rate area. it is known to the buyers that ytl is trying to improve the area but right now it's great for own stay.

How to be great for ownstay when yr house value is in depreciating situation?

For those who bought there’s nothing to do but focus on the positive aspects. Crying won’t help and waste time, they have to wait and if they make paper profit in future all the crying and stress earlier on wasn’t worth it. Not everyone is lucky especially buying multiple properties and each one appreciate at the rate they expected. Those who can get at 700k and the area works for them i would think it’s great.

Why you equate house value with living quality?

An appreciating house is not equate to good living quality...

Stress on negative cash flow could be unbearable to some.

dont need to sugar coat it

putting a high end building in a crappy neighbourhood
wont make things better.

proper high-end condos command a rental of RM 5psf and above.

if u cant command that level, at best you are mid-end condo.

things change people change

when you buy a house even for own stay but depreciating in value, if in any unforeseen circumstances you need to move on with your life and need to sell it today,,,,,

how will you feel????? still feel blardi good for own stay?

Own stay criterias and investment are different. Are you sure when you bought your previous props you are guaranteed of making money?

If you manage to find a property that tick all list, then it is good for you. But I think most will end up analysis paralysis because they have so much criterias to tick. End up is no action.

Sometimes when you do not know what you want and read the forum, it can be even more confusing.

usually own stay means years will pass and over time a property in an OK location should appreciate. past recessions have hit prices hard and those who sold materialized their losses, those own stayers who ignored and focused on building their lives, today they have good capital appreciation from those properties they did not sell. but location is important.

Not guarantee make money but nobody wants to own a property that depreciate its value compared to purchase price. It doesnt nean own stay is ok....lose money nevermind....

But you never know you might need to sell yr 'own stay' property ...thats what i said.

How many people advertise here said what migrate lah, foubd overseas job lah and other embarrass reasons which they didnt say bit said want to sell their so called own stay property.

These days if you buy new off the plan, the construction period is 4 to 5.5 yrs. Nobody knows what could happen in 5 yrs time.....to say its for ownstay is a long shot.

What you said is easier said than done... You should ask yourself when you buy own stay whether making money is high on the list...

I must say the property boom on 2008-12 were giving misconception to many aspired home seekers that buy property must able to make extraordinarily money upon VP. The priority is to find a prop within your budget and take the list which is your priorities.

But that was the past. The question is now. I think at this price range, Fennels is good value for own stay.

+1, any fennel owners group in whatsapp? I am a owner , and would like to ask for ISP recommendations. Thank you.

some will choose to rent i suppose. rental is low at the moment, can pay less to stay. But when i passby it seems still a lot of units are not occupied.

many not willing to lower the rental price.

might be the case ya. Cos got holding power..
Same as The Reach, also low occupancy. Agent said price cannot match. owner hold price

maybe simply no demand in Sentul for products of such range???

not willing to drop price kwa

Do people really buy such places in Sentul and think it is a luxury/high end place they are buying into??

Thought most had already learned on buying high end places at Segambut Dalam.

Nice building but wrong location.

Also good luck when it starts to age and subsequent contractors hired for the upkeep doesn't share the same vision as the architect or project designers.

Any examples can get rental RM5psf

The fennels is rm600-700psf product.Sentul is definitely not high end place like MK, Hartamas, KLCC etc. Hence the rental wise is definitely not attractive due to the demographic issue.

Most of the medium cost apartment in OKR, Subang, PJ, already at this range if not exceeded.

But did condos in these areas give similar offering (facilities, finishes, facade etc) with similar pricing.

My view is if own stayers can accept Sentul East location, The Fennels is representing good value and proposition.