QUOTE(jhuitan @ Mar 6 2019, 06:23 PM)
Myhabitat / horizon are some the examples.Investment THE FENNEL @ SENTUL EAST by YTL (V2), Sentul East KL
Investment THE FENNEL @ SENTUL EAST by YTL (V2), Sentul East KL
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Mar 6 2019, 06:44 PM
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5,363 posts Joined: Apr 2005 From: กรุงเทพมหานคร BKK |
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Mar 6 2019, 06:49 PM
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3,834 posts Joined: May 2008 |
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Mar 6 2019, 06:52 PM
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5,363 posts Joined: Apr 2005 From: กรุงเทพมหานคร BKK |
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Mar 6 2019, 07:00 PM
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765 posts Joined: Oct 2013 |
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Mar 6 2019, 07:02 PM
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765 posts Joined: Oct 2013 |
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Mar 6 2019, 07:07 PM
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QUOTE(propertybbb @ Mar 3 2019, 11:42 PM) Eventhough cheaper than buyers who bought few years back..some details n finishing looks quite bad...propcafe just shared their post. Mmmm Berry berry bad workmanship, peeling paint on top of guardhouse and floor, this condo VP how long already?https://propcafe.net/propcafe-360-degree-vi...ls-sentul-east/ https://i0.wp.com/propcafe.net/wp-content/u...-Room.jpg?ssl=1 https://i1.wp.com/propcafe.net/wp-content/u...house.jpg?ssl=1 So empty for facilities deck area? No furniture at all? https://i1.wp.com/propcafe.net/wp-content/u...Space.jpg?ssl=1 https://i0.wp.com/propcafe.net/wp-content/u...Space.jpg?ssl=1 This post has been edited by jhuitan: Mar 6 2019, 07:17 PM |
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Mar 6 2019, 09:09 PM
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QUOTE(jhuitan @ Mar 6 2019, 07:07 PM) Berry berry bad workmanship, peeling paint on top of guardhouse and floor, this condo VP how long already? Comments based on property review website should not be taken too seriously. Suggest to pay a visit there and see first before commenting.https://i0.wp.com/propcafe.net/wp-content/u...-Room.jpg?ssl=1 https://i1.wp.com/propcafe.net/wp-content/u...house.jpg?ssl=1 So empty for facilities deck area? No furniture at all? https://i1.wp.com/propcafe.net/wp-content/u...Space.jpg?ssl=1 https://i0.wp.com/propcafe.net/wp-content/u...Space.jpg?ssl=1 |
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Mar 6 2019, 09:13 PM
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QUOTE(teehk_tee @ Mar 6 2019, 06:52 PM) Fennel can command rm2 psf? I know that area. Its barely touching rm2 psf. No rm2psf for this project? Cannot be lah. Check i property. Surrounding ytl condo all above Rm2psf.So this is a high end place? Cant even command rm2 psf? Now i know u know that area u know? |
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Mar 7 2019, 02:53 AM
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3,024 posts Joined: Jan 2003 |
I prefer Capers over Fennel...
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Mar 7 2019, 08:26 AM
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1,018 posts Joined: May 2011 |
After doing my own research on these two buildings (Fennel and Capers), investors better stay away from it.
It grabbed my attention when developers opened their own units for sale at BELOW LAUNCH PRICE......very fishy. Why would they even think of that, unless the know something? Either running out of money or knows the market value of this place cannot hold for long and I believe it's the latter. They got their money from the initial 70% sales, and dumping these last units for a price which is still a 'profit' when looking 5 years down the road. Ridiculous price to buy now, rental is a joke. Mid end condos and poorly maintained buildings in Subang and PJ can command similar/higher rental. However, if you bought for own stay and convenient to get to work, then it's not a bad buy. But for investment...no way. |
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Mar 7 2019, 10:18 AM
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20,146 posts Joined: May 2011 |
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Mar 7 2019, 10:24 AM
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1,018 posts Joined: May 2011 |
QUOTE(BEANCOUNTER @ Mar 7 2019, 10:18 AM) this part I always catch no balls... Own stay - house is considered a liability, not an asset. It is no longer an investment. It's a shelter and a daily need, like food.why ppl always think own stay oK...can lose more money.... BUT investment, no no....must make money..... Investment - You are looking for an annual ROI over the next X years. Could be 1 year. Could be 5. Could be 10. If you buy your own house and expect to make money from it down the road, you are confused. Simple. So maybe your thinking is flawed. That's why I prefer to rent - because for me mobility and freedom to move is worth the monthly cost of rent. I depend on my rentals to give me the better life. This post has been edited by BeastB: Mar 7 2019, 10:25 AM |
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Mar 7 2019, 10:29 AM
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20,146 posts Joined: May 2011 |
QUOTE(BeastB @ Mar 7 2019, 10:24 AM) Own stay - house is considered a liability, not an asset. It is no longer an investment. It's a shelter and a daily need, like food. property is an asset lah…….and it has potential capital growth...…Investment - You are looking for an annual ROI over the next X years. Could be 1 year. Could be 5. Could be 10. If you buy your own house and expect to make money from it down the road, you are confused. Simple. So maybe your thinking is flawed. That's why I prefer to rent - because for me mobility and freedom to move is worth the monthly cost of rent. I depend on my rentals to give me the better life. you are the 1st person defy accounting law by saying property is an liability. like that nobody will and should buy property already, incl corp and companies. |
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Mar 7 2019, 10:34 AM
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1,018 posts Joined: May 2011 |
QUOTE(BEANCOUNTER @ Mar 7 2019, 10:29 AM) property is an asset lah…….and it has potential capital growth...… This is the fundamental mistake, a mistake fed to us all....so we all buy property and are happy to be locked down in it for life (GET YOUR DREAM HOME!) you are the 1st person defy accounting law by saying property is an liability. like that nobody will and should buy property already, incl corp and companies. Yes, companies buy property....but they have a timeline to cash out. And they rent those properties or use it to generate business. It's not for them to 'live in'. I'm not saying buying your own place is a mistake. You can convert your own home to become an investment, but it's just gonna take a lot longer. And the biggest measure is time, not money. Why waste time in the first place, when you have your priorities straight? Buy where you want to rent, rent where you want to stay. |
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Mar 7 2019, 10:44 AM
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20,146 posts Joined: May 2011 |
QUOTE(BeastB @ Mar 7 2019, 10:34 AM) This is the fundamental mistake, a mistake fed to us all....so we all buy property and are happy to be locked down in it for life (GET YOUR DREAM HOME!) accounting 101Yes, companies buy property....but they have a timeline to cash out. And they rent those properties or use it to generate business. It's not for them to 'live in'. I'm not saying buying your own place is a mistake. You can convert your own home to become an investment, but it's just gonna take a lot longer. And the biggest measure is time, not money. Why waste time in the first place, when you have your priorities straight? Buy where you want to rent, rent where you want to stay. Property is Fixed Assets bcos it has the 'potential' in growth in value. Liability is what you owed to 3rd party. You need to get the above fixed in your mind 1st before sharing your thought in public forum. Not going to debate if buy or rent....there already an existing thread in this discussion. I never owed a housing loan for more than 10 yrs. It either been paid off or the property is sold and redeemed. |
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Mar 7 2019, 10:52 AM
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765 posts Joined: Oct 2013 |
QUOTE(johnrck99 @ Mar 6 2019, 09:09 PM) Comments based on property review website should not be taken too seriously. Suggest to pay a visit there and see first before commenting. Maybe you are right, the building manager and JMC member never sleeping, the peeling paint on top of guardhouse, floor and rusty rail low class people treat it as defects, high class people will treat it as artistic masterpieces |
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Mar 7 2019, 10:54 AM
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765 posts Joined: Oct 2013 |
QUOTE(BeastB @ Mar 7 2019, 08:26 AM) After doing my own research on these two buildings (Fennel and Capers), investors better stay away from it. The rest too far, how about ecosky, any comment? Good?It grabbed my attention when developers opened their own units for sale at BELOW LAUNCH PRICE......very fishy. Why would they even think of that, unless the know something? Either running out of money or knows the market value of this place cannot hold for long and I believe it's the latter. They got their money from the initial 70% sales, and dumping these last units for a price which is still a 'profit' when looking 5 years down the road. Ridiculous price to buy now, rental is a joke. Mid end condos and poorly maintained buildings in Subang and PJ can command similar/higher rental. However, if you bought for own stay and convenient to get to work, then it's not a bad buy. But for investment...no way. |
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Mar 7 2019, 10:59 AM
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1,018 posts Joined: May 2011 |
QUOTE(BEANCOUNTER @ Mar 7 2019, 10:44 AM) accounting 101 You think like a textbook school teacher. I think like an investor in 2019.Property is Fixed Assets bcos it has the 'potential' in growth in value. Liability is what you owed to 3rd party. You need to get the above fixed in your mind 1st before sharing your thought in public forum. Not going to debate if buy or rent....there already an existing thread in this discussion. I never owed a housing loan for more than 10 yrs. It either been paid off or the property is sold and redeemed. That's the difference. |
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Mar 7 2019, 11:01 AM
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1,018 posts Joined: May 2011 |
QUOTE(jhuitan @ Mar 7 2019, 10:54 AM) No idea, never looked into that building so can't comment. I was getting interested in the Capers/Fennel because someone I know just bought a developer unit for a "good price". Looked into it, it's true...."good price" for the developer, not the buyer. |
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Mar 7 2019, 11:07 AM
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765 posts Joined: Oct 2013 |
QUOTE(gks @ Mar 6 2019, 06:29 PM) 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. Malaysia property market is very funny, further away city centre like subang pj value can sell more higher than those close to city centre..in sg those close to raffles, marina bay definitely won sell cheaper than Pasir Ris or WoodlandsMost 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. |
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