Investment THE FENNEL @ SENTUL EAST by YTL (V2), Sentul East KL
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 Nov 20 2017, 09:55 PM
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#1
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Junior Member
405 posts Joined: Aug 2013 
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QUOTE(trust4you @ Nov 10 2017, 12:38 PM) Confirm good,look at mah sing M citt ampang berlambak.tose no holding power prepare to brave thr storm for coming 2-3 years The clientele in YTL project has very different profile.... they have holding power.. you hardly see any auction cases compare with other completed development. Major recession, i don’t know but i think nobody will be buying if it happen. |
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Dec 2 2017, 04:58 PM
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#2
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Junior Member
405 posts Joined: Aug 2013
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Am i the only one thinks that the side of the building look ugly...like tiles falling off. Capers look more simple and elegant
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Dec 6 2017, 12:51 AM
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#3
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Junior Member
405 posts Joined: Aug 2013
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QUOTE(brother love @ Dec 2 2017, 08:17 PM) The biggest questi u should ask is not the look of tiles fallibg offbut the MV , now dvloper building many much much cheaper high rise at same Sentul area, wat will happen to those investors and their overpriced studios ... 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. |
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Dec 6 2017, 01:18 AM
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#4
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Junior Member
405 posts Joined: Aug 2013
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QUOTE(BEANCOUNTER @ Dec 6 2017, 01:04 AM) Over 1000 units....i dun think all buyers have deep pocket. you’re right on mv, but the ytl buyer can hold, less auction.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. 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. |
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Dec 6 2017, 02:50 PM
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#5
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Junior Member
405 posts Joined: Aug 2013
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QUOTE(BEANCOUNTER @ Dec 6 2017, 10:46 AM) hmmm....seems like you are the spoke person for all YTL buyers..... Not really consider a spoke person. But i had own, stay and make little profit from ytl. Neighbours a lot executive level, bankers, celeb, businessman from outstation. am very sure they can hold longer.  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. Though will not see any improvement in subsale in a while. Won’t command good rental but you’ll have good tenant profile. This post has been edited by sosobear: Dec 6 2017, 03:01 PM |
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Dec 6 2017, 02:56 PM
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#6
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Junior Member
405 posts Joined: Aug 2013
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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.... not to say all. But the fact is, they are targeting cash strapped people, gonna hit people with no holding power first. This gonna create many auctions, and ppl with holding power is going to stuck, since the auction price will bring mv down. And if you’re renting cheap...you know who what to expect your tenant. Take example of subsale nearby, bayu sentul - rebates and auctions. This post has been edited by sosobear: Dec 6 2017, 03:01 PM |
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Dec 6 2017, 04:51 PM
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#7
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Junior Member
405 posts Joined: Aug 2013
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QUOTE(AskarPerang @ Dec 6 2017, 04:50 PM) Bayu sentul is not apple to apple comparison. that is a shitty project at a bad location. Of course it’s not. Very different profile. Just an example of rebate completed project. Many auction The Reach?I guess better comparison should be VS The Reach. This post has been edited by sosobear: Dec 6 2017, 04:56 PM |
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Dec 7 2017, 05:49 PM
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#8
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Junior Member
405 posts Joined: Aug 2013
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QUOTE(AskarPerang @ Dec 7 2017, 12:50 PM) yeah sorry. in comparison with Capers i mean. Yea capers handover was beginning of 2015. |
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Dec 7 2017, 06:37 PM
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#9
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Junior Member
405 posts Joined: Aug 2013
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The side suppose to look like this wei...not falling tiles
 This post has been edited by sosobear: Dec 7 2017, 06:39 PM |
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