This post is nothing but repeating your previous posts + nothing to back up. I am telling you what agents who are in there day in day out, they have no reason to lie to me. I told them I want to BUY a unit, if they want to lie they have strong motive to big up the numbers to make it seem more attractive than it is wouldn't you think?

I can see the market rate for myself online, yes there are units going for over 3k rental - either the bigger units or dreamers who haven't accepted reality yet. I was most keen on the average sized units 1186 and 12xx and the numbers I got put me off completely. That should answer your last question, I was keen to check out the condo and after I heard the numbers I am 100% confident that this is the WRONG time to buy.

I'm not the only one recognizing this as a white elephant in Sentul - scroll through the recent pages, there are others saying the same thing. I am definitely keen on this condo but the launch price was a joke - even the developers knew it and buggered the early buyers by letting go of their Type C units + 2 or 3 car parks for 770k! Don't tell me that made you smile.

And yes, this condo is definitely going to appreciate since it IS real estate and it IS in a decent location which will take a few years at least to develop. But the price of the condo now is NOT representative of it's current value - this is my point. You and the rest of em dived in at an overpriced value, if you want to continue denying this since you are fully vested - you are free to do so. No skin off my nose, I just wait till I get the price I want in this area.

Maybe if/when I find the unit I will upload a screenshot of the booking form here, then you'll know the price you can actually get if you understand the RIGHT time to go for property and why buying from developers = russian roulette. As far as I'm concerned, you got the bullet son.

Yeah the layout is confusing to say the least, I wouldn't stay there, rental IS bad, white elephant in this market = Nothing here contradicts my willingness to purchase a unit at a discounted price. Which part is confusing you? I'm looking purely on investment basis.

Of course....people here have no lives but to increase post count. 

Subsale prices now are nothing to cry about yet because it's level with what it was few years ago during launch. My point is the market is heading downwards, it's not stagnant.

Ok this is confusing....."hardly a bargain" but "easily 100k paper profit"...... so is it a bargain or is it NOT?

Actually i think the layout is an imrpvoement over capers. No more bath tubs which i personally dont like it.. no need for bathtub.

No, at current price there is no investment value or at least, a very sad ROI.

I haven't even shared my discounted prices or my offer for the unit I'm looking at so I don't know where you got that. Maybe you're a psychic and if you are, not a good one.

Whatever type/name it is, doesn't matter since I'm talking about the ROI from these units. You're nitpicking on insignificant things to take away the main point - the price at launch was a RIPOFF. That's all I'm saying.

These new developments were bundled up by the developers to ride the big bull run from before and in terms of actual VALUE, they shouldn't cost anymore than 550 to 600k especially considering the location and market absorption rate. And we'll find out in the next couple of years.

.... I am definitely keen on this condo but the launch price was a joke - even the developers knew it and buggered the early buyers by letting go of their Type C units + 2 or 3 car parks for 770k! ...

That 770K is developer selling price for the dual key unit... not the price I am targeting. You're confusing yourself.

You're right, if I were to buy a unit for own stay - it has to be fit for investment. Because at any time things can change and I might need to move out. When I move out I need this thing to be good enough to be an ASSET and not be a white elephant in terms of ROI.

If I buy for investment, I don't have to stay there do I? It works for itself. Do I need to spell out my reasoning in detail for you?

Lets recap:
Anything which works great as an investment does not need to be good for own stay
Anything which is for own stay might not work out to be a good investment

I think we're wasting time back and forth arguing about this - you are obviously in a hole buying an overpriced property and will say any sh!t to defend it. I'm looking for a worthwhile unit in this area and sooner or later I shall find it, be it Fennel, Capers or the commercial units.

Good day to you! 

You seem a bit thick. To me a good property is a place I can stay in comfortably - which means others out there would also love to stay in (for rental) or own (for purchase).

You are the one implying here that there are props for ownstay and props for rental. Which is why you bought a lousy condo for an investment, but a great one for  own stay (your words).

Titiwangsa Sentral, yes I'm familiar with that one and even looked into it. It was going for 500K back in 2011 or 2012 if not mistaken but I wasn't interested at the time because of the general outlook of the condo. But rental seems good for the price of RM500K. Congratulations for owning it.

        Can't believe I missed another pile of BS from you.

You are obviously not an investor. Or at least you don't think like one. I've always maintained this is a good condo, but at the PRICES its going for - it is not a good investment.

If I felt this was a lousy condo why would I be scouting around this area? Simply because I'm hunting for the right price. The layout is strange, but if my future tenants (maybe you) like it, then it's all good!

If its for own stay and you buy it for the price YOU bought it at...and looking at rental rates right now = LOUSY investment. This is my bottom line.

However, if prices drop massively or for some reason demand greatly increases in this area and rental rate increases at least 20-30%, this place will start looking like an attractive investment.

____
1. Low rental? Debunked
2. Bad Layout? Debunked
3. Not fit for own stay? Debunked
____

What's debunked, when?? The rentals are crap. The layout is definitely strange for the kitchen area - that was the only weak point of the layout, I didn't say the entire unit is screwed up. Getting defensive again?
Its definitely fit for own stay for people who don't mind getting ripped off by the developer.  So yeah, that's debunked.

For most people here, I just need to spell out A -G or L - Z and they get it. For you, we go around in circles over and over and I have to go from A - Z about how to go about hunting and buying property and all you do is side track the convo and try and nitpick my posts. Typical defensive owner who knows he got ripped off.

Waiting for your next defensive post "oh but this condo is for my own stay so its worth it!!" I don't care about your standards, mine are different.

I'm sure your AGMs will be fine as long as majority of the owners there don't think like you.

Hahaha I know....I've seen all types. The kitchen space is pathetic. Only 13xx has some workable space, but the way they build these units.....seriously can't understand how they make big units look so small. Condos which are over 10 years old are built to use space way more efficiently.

D5 is commercial and offices. .. No direct conpetition to residential units

Why should YTL to hold the stock?
As trophies collection?

If not in rush coming up with such good deal? Supposedly they increase the price by at least 10% compare to launching price

no developer wants to hold unsold inventory....its a cost to them, not only the cost of units, the monthly maintenance fee, the need to keep the developing acc open (and they cant close the acc), I seriously dunno about title transfer as YTL cant close the master title file bcos units not fully sold and etc...….

abt the onsite office, its operating cost is more than the revenue generated....simple.

I think that since the project is completed, there's not much point to maintain a sales office for this project. From what I recall of some completed projects with unsold units I visited (e.g. Concerto, Scenaria, Shamelin Star, etc.), they just renovate one into a show unit and the viewing is via appointment.

As for advertising, usually the developer will just drape a banner on one side of the wall or on the roadside with the phone numbers of the respective sales staffs. Some like BRDB will go as far as to use electronic billboards to promote their unsold units in their projects.

If the show unit is already bought by a buyer, then you'll only be able to view their remaining unsold units.

Why you so sure ytl 'no rush' to sell?
There simply no buyers, period.

Cant have the best of everything. Question is whether YTL is able to develop Sentul the next MK/DPC?

Very good question there.

Judging by YTL's snail pace to develop that area, I wonder if it is not a top priority for them.

Iconic? I'd say yes.

Which affuent neigbourhoods you compared to?
Sg buloh? Ijok or semenyih?

Ytl didnt fall flat on their face in resharping sentul

Didn't know Jalan Ipoh is a more atas place than mk.

u berri clever...…
u took the lowest priced condo in MK and compared with the bestest in Sentul.....way to go bro.

Lets face it, no matter how many facts are thrown in your face you will never accept it since you've put your cash into this project. Why not just be a man and accept that the project does not justify the price of this project but hey, just wait a bit longer and you will realize your investment eventually.

Instead of being a wuss and trying to justify yourself with all sorts of goreng goreng arguments which works only on beginners who have zero clue about property market.

In all the fairness... Fennels capital appreciation performance is in line broadly with property market and most of the high rise launches 2013-15.

Here come the personal insults - typical for a cornered little brain run out of arguments.

Grow up a bit....you sound like a 15y old teenager. 

Funny how Subang is Timbuktu but Sentul is 'hip'. Your brain must be wired wrong.