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Investment THE FENNEL @ SENTUL EAST by YTL (V2), Sentul East KL
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BEANCOUNTER
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Jul 22 2017, 12:53 PM
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QUOTE(jhuitan @ Jul 22 2017, 12:43 PM) Maybe you all can discuss why this project not a good buy here? Anyone? YTL projects, most expensive in sentul........if you want to be the best...you can only attract the best. last check, sentul only 20% chinese population. You still need a lot of chinese to boost up property prices.
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BEANCOUNTER
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Jul 22 2017, 12:54 PM
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QUOTE(jhuitan @ Jul 22 2017, 12:37 PM) Condo bought 5-6yrs mainly loser as too many mass productions, prima house flood the market now dun tell me you bought cyber.......
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BEANCOUNTER
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Jul 22 2017, 01:12 PM
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QUOTE(vegebotak @ Jul 22 2017, 01:01 PM) SENTUL ALSO AT MASS PRODUCTION ALSO............ now yes.... but 5-6yrs ago....even citilight not launched yet.
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BEANCOUNTER
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Jul 22 2017, 01:55 PM
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QUOTE(vegebotak @ Jul 22 2017, 01:20 PM) TOO MUCH OPTION........... I THINK MORE THEN 10 PROJECT ON GOING ARD SENTUL N JLN IPOH mana mana pun sama.... kepong, bukit jalil, OKR, cyber all also have 10 of thousand of condos and affortable housing coming up..... seriously, either you buy far rung landed....or just dun eat and fart....save every penny and get into higher end areas.....
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BEANCOUNTER
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Jul 22 2017, 03:31 PM
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QUOTE(jhuitan @ Jul 22 2017, 02:54 PM) Found this video, can attract the best? https://youtu.be/7Hhix6qyM1Q Not sure about the population in particular area, but curious to khow many % chinese population in Mont Kiara, Damansara and KLCC area? I always treat this part as Jalan Ipoh because the whole development just next to Jalan Ipoh, like Maple address is Sentul West but to me consider is Jalan Ipoh. keke you can ask owners of capers how they are doing. please don't confused yourself with high end areas....... if you want to treat sentul as KLCC also can..........
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BEANCOUNTER
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Jul 22 2017, 05:54 PM
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QUOTE(jhuitan @ Jul 22 2017, 04:10 PM) Not want to treat Sentul as KLCC Mont Kiara, just want to find out % of chinese population whether will affect the appreciation or not. What factors do you think YTL need to add in to the development? malay wont buy from chinese. only indian and chinese will buy from chinese. therefore you need new chinese and indian migrates flocking into sentul......but sentul got YTL condos which priced at the highest and there are many more priced slightly lower.......whoever that thinking of moving to sentul also got choices...... therefore the losing end is still YTL. YTL commercial also not cheap........
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BEANCOUNTER
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Jul 22 2017, 06:06 PM
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QUOTE(jhuitan @ Jul 22 2017, 06:04 PM) Dun say bumi buy subsale, most of the new launch less than 20% are bumi buyer, I really dun know where they buy and stay. the new generations do buy just like everyone else..... but just like chinese, they too in general prefer malay majority areas......
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BEANCOUNTER
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Jul 22 2017, 07:00 PM
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QUOTE(jhuitan @ Jul 22 2017, 06:55 PM) So anything do you think is good buy within KL now? Buy chinese area like lemanja Buy mrt area like rica n tr. You need to buy at least 3. Prepare for one makes money ome break even n one makes loss. That is my approach. This post has been edited by BEANCOUNTER: Jul 22 2017, 07:02 PM
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BEANCOUNTER
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Jul 22 2017, 07:10 PM
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QUOTE(jhuitan @ Jul 22 2017, 07:05 PM) Lemanja too far not compare..Rica just nearby Fennel, psf higher than Feneel for new developer? High risk or not? TR dun want comment much about it. Where comes to subsale ppl dun look at psf price de.... Absolute price that counts.
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BEANCOUNTER
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Jul 22 2017, 07:16 PM
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QUOTE(jhuitan @ Jul 22 2017, 07:14 PM) So mean 400k for 400sf also many ppl buy? Yes....but not in sentul
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BEANCOUNTER
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Jul 23 2017, 10:34 AM
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YTL is not known for running mid class mall de......
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BEANCOUNTER
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Jul 23 2017, 11:24 AM
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QUOTE(jhuitan @ Jul 23 2017, 11:15 AM) No worries, maybe got PPSB this kind of competitor only can motivate them. The lake next to mas sing gonna enhance it like Desa Parkcity, target to launch next year. the lake will be downsized or completely covered up.....
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BEANCOUNTER
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Jul 24 2017, 11:14 AM
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QUOTE(bytan9009 @ Jul 24 2017, 11:07 AM) Mana is the exact location? you know where is Lakeville? the lake area plus those land at the back of lake........lishold presumed.
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BEANCOUNTER
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Sep 1 2017, 03:15 PM
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QUOTE(n_minie @ Aug 30 2017, 02:35 PM) Ytl sell cheaper for the same proj. That upsets the previous phase buyers. Dpc is an entirely different proj. Higher density and not so ideal location , hence the price. Their remaining units has a 5% adjustment. Early birds are happy. Woudnt by selling cheap.....dpc wont be upsetting their current condo owners? Why still bbb?
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BEANCOUNTER
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Nov 12 2017, 12:45 PM
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or wait til next year when fennel vp...
many will throw price.........
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BEANCOUNTER
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Nov 12 2017, 12:56 PM
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QUOTE(David_77 @ Nov 12 2017, 12:50 PM) The Star Property has an article on the rise of auction units. So yeah, when banyak VP next year, can try if not in hurry to get one now. auction unit a bit tricky. for someone that has no experience in getting auction property, better don't touch it. wait for subsale.......but as usual, capital outlay is higher when compared to get developers units. BUT you can see and feel what you are getting.
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BEANCOUNTER
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Nov 12 2017, 02:29 PM
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QUOTE(David_77 @ Nov 12 2017, 01:04 PM) But sub-Sales also can sell below MV but in SPA put MV? If so, maybe also no need to come out with capital layout for unit (legal and loan fees only perhaps)? we talk abt proper dealing lah....not those sneaky illegal cheat the bank dealing. beside, what benefit does seller has to sell at MV? pay more rpgt? possible get caught?
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BEANCOUNTER
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Dec 6 2017, 01:04 AM
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QUOTE(sosobear @ Dec 6 2017, 12:51 AM) the tenant profile is very different... those with better budget will choose here. New developments - target lower spending group. Dont see any drop in market value for Fennel as the buyer profile is quite strong. Other developments around the area- especially with high rebates, standalone development, will suffer the most backlash. Over 1000 units....i dun think all buyers have deep pocket. Beside fennel not vped yet. But judging fron subsale responses of capers...it aint looking good. Nobody can sell any properties on market value now. Even ytl camt sell the last block on market value.
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BEANCOUNTER
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Dec 6 2017, 10:46 AM
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QUOTE(sosobear @ Dec 6 2017, 01:18 AM) you’re right on mv, but the ytl buyer can hold, less auction. Unlike other rebates development, not only they cannot hold, there will be many auction, this in fact will make the development mv drop and your tenant profile cheapo - end up selling at loss. hmmm....seems like you are the spoke person for all YTL buyers..... actually dun have to wait til auction units available before can say how the subsale performed. auction property is usually the absolute last resort jor. honestly I dun wish to see fennel being the auction hot house....but at tis moment, I also believe this property wont be able to command good rental and subsale prices. That's just me.....tok kok only.
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BEANCOUNTER
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Dec 6 2017, 10:59 AM
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QUOTE(aaron1717 @ Dec 6 2017, 10:52 AM) wa... ini big statement o.... rebates developments already set as an indicator for you to judge the buyers can really hold or not liao... kesian those mareshians who like rebates and discounts even though they are rich and have holding power....  honestly lesser deposit or non deposit projects are mainly targeting at people with every little cash saving and Investors. I have to agree to some extend with sosobear. rich and strong holding power has nothing to do with sale tactics....its more about value buy. unless and until you yourself are rich and have strong holding power, you wont know how they think. This post has been edited by BEANCOUNTER: Dec 6 2017, 10:59 AM
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