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Investment THE FENNEL @ SENTUL EAST by YTL (V2), Sentul East KL
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adhoc
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Aug 9 2019, 06:58 PM
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QUOTE(tetsu @ Aug 9 2019, 05:40 PM) Covered walkway up to the front of Tamarind & Saffron makes sense as it doesn't require the consent from JMBs..Another uncertainty is who is going to maintain the link bridges. Capers looks to have a link bridge to d6 away from the main road, but i'm not sure how security there is managed. Just noticed that YTL updated their masterplan on their website. Old masterplan:  New masterplan:  IMO, the longer it takes, the less likely we're going to see all development at Sentul East connected via linkbridges. btw, do you have any idea what ytl are planning on the land adjacent to the MRT station?
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planc
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Aug 9 2019, 07:15 PM
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QUOTE(adhoc @ Aug 9 2019, 05:58 PM) btw, do you have any idea what ytl are planning on the land adjacent to the MRT station? The land adjacent to the station under suitable environment, climate, rainfall and soil conditions, can plant coconut tree, start now 7 years later can have some fresh coconuts  at least better than their old masterplan vacant the place for 20years
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Mijac
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Aug 9 2019, 08:51 PM
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QUOTE(tetsu @ Aug 9 2019, 05:40 PM) Covered walkway up to the front of Tamarind & Saffron makes sense as it doesn't require the consent from JMBs..Another uncertainty is who is going to maintain the link bridges. Capers looks to have a link bridge to d6 away from the main road, but i'm not sure how security there is managed. Just noticed that YTL updated their masterplan on their website. Old masterplan:  New masterplan:  IMO, the longer it takes, the less likely we're going to see all development at Sentul East connected via linkbridges. Waiting for the master plan to be fully implemented...
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tetsu
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Aug 9 2019, 08:57 PM
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QUOTE(adhoc @ Aug 9 2019, 06:58 PM) btw, do you have any idea what ytl are planning on the land adjacent to the MRT station? No idea honestly..no point speculating unless it's launching soon
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XXLSFO P
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Aug 10 2019, 04:57 AM
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New Member
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QUOTE(gks @ Aug 9 2019, 09:47 AM) Any idea the indicative psf? 700psf. Not finalized yet. Open for enbloc also
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VOLVOFORLIFE
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Aug 10 2019, 01:11 PM
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700psf would be on the high side. Yup they are pushing hard to go for en bloc sale. Likely will come from their own subsidiaries. QUOTE(XXLSFO @ Aug 10 2019, 04:57 AM) 700psf. Not finalized yet. Open for enbloc also
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XXLSFO P
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Aug 10 2019, 02:29 PM
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New Member
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QUOTE(VOLVOFORLIFE @ Aug 10 2019, 01:11 PM) 700psf would be on the high side. Yup they are pushing hard to go for en bloc sale. Likely will come from their own subsidiaries. What is the reference on 700psf is high or low?
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icemanfx
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Aug 10 2019, 02:51 PM
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QUOTE(planc @ Aug 9 2019, 07:15 PM) The land adjacent to the station under suitable environment, climate, rainfall and soil conditions, can plant coconut tree, start now 7 years later can have some fresh coconuts  at least better than their old masterplan vacant the place for 20years  Holding cost of sentul east and west is low. Ytl is not depending on development for income and not in hurry to develop.
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VOLVOFORLIFE
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Aug 10 2019, 03:05 PM
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Around Sentul.... look at d6😎 QUOTE(XXLSFO @ Aug 10 2019, 02:29 PM) What is the reference on 700psf is high or low?
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planc
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Aug 10 2019, 06:53 PM
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QUOTE(icemanfx @ Aug 10 2019, 01:51 PM) Holding cost of sentul east and west is low. Ytl is not depending on development for income and not in hurry to develop. To improve is to change, to be perfect is to change often, if only sitting silently there only one word can describe "dead"
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icemanfx
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Aug 10 2019, 07:11 PM
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QUOTE(planc @ Aug 10 2019, 06:53 PM) To improve is to change, to be perfect is to change often, if only sitting silently there only one word can describe "dead" It doesn't matter to ytl as the land will value more in 20 or 30 years time and they could afford to wait.
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planc
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Aug 10 2019, 07:20 PM
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QUOTE(icemanfx @ Aug 10 2019, 06:11 PM) It doesn't matter to ytl as the land will value more in 20 or 30 years time and they could afford to wait. Of course they can hold but I believe many dun like to buy this kind of underperform place, how many 10years in your life? Many better opportunities out there..
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icemanfx
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Aug 10 2019, 07:57 PM
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QUOTE(planc @ Aug 10 2019, 07:20 PM) Of course they can hold but I believe many dun like to buy this kind of underperform place, how many 10years in your life? Many better opportunities out there.. Property is not the only investment options available.
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planc
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Aug 10 2019, 08:18 PM
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QUOTE(icemanfx @ Aug 10 2019, 06:57 PM) Property is not the only investment options available. Agree...seldom buy cement sand bricks nowadays, only buy gold bricks, the return damn good for the pass one year
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icemanfx
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Aug 10 2019, 08:46 PM
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QUOTE(planc @ Aug 10 2019, 08:18 PM) Agree...seldom buy cement sand bricks nowadays, only buy gold bricks, the return damn good for the pass one year  Cement sand bricks incur loan interest daily; if price rise slower than loan interest, maintenance, etc incurred is a financial losses.
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planc
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Aug 11 2019, 12:59 AM
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QUOTE(icemanfx @ Aug 10 2019, 07:46 PM) Cement sand bricks incur loan interest daily; if price rise slower than loan interest, maintenance, etc incurred is a financial losses. Life have to move on, dun waste time, time is precious, use it wisely
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drbone
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Aug 11 2019, 04:18 AM
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Between this project and the reach , which is better? Any input?
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Hammer278
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Aug 14 2019, 03:46 PM
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Getting Started

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QUOTE(drbone @ Aug 11 2019, 04:18 AM) Between this project and the reach , which is better? Any input? Almost everywhere you look now prices are dropping hard bro. Global uncertainty everywhere Malaysia is just a pawn on the sideline. China suffer we suffer. Better to wait and line up a property next year... for sure many opportunity. Even this project you see some units now below launch price.
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jhuitan
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Aug 14 2019, 03:48 PM
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QUOTE(Hammer278 @ Aug 14 2019, 03:46 PM) Almost everywhere you look now prices are dropping hard bro. Global uncertainty everywhere Malaysia is just a pawn on the sideline. China suffer we suffer. Better to wait and line up a property next year... for sure many opportunity. Even this project you see some units now below launch price.  How they sell park regenr?
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Hammer278
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Aug 14 2019, 03:51 PM
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Getting Started

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QUOTE(jhuitan @ Aug 14 2019, 03:48 PM) How they sell park regenr? Same way they sold Fennel = FOMO and great sales pitch.  Not to say any development is bad but now we are heading down the wave of property price. After a big bull run last time we expect a big correction now as well. Too many completed project everywhere.
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