STRONG TAKE-UP FOR YTL’S THE FENNEL
KUALA LUMPUR: YTL Land & Development Bhd’s urban regeneration master plan for Sentul and its potential as the city’s new transit-oriented development is attracting more buyers to the group’s Sentul East project, here.
The first batch of dual-key units for the final block of YTL Land’s The Fennel project was sold out in less than 30 minutes on Saturday.
YTL Land executive director Datuk Yeoh Seok Kian said the 12 dual-key units were snapped up soon after the YTL Homes Sales Gallery at Starhill Gallery opened on Saturday.
A long queue had started forming as early as 3pm on Friday.
The units, with sizes ranging from 1,400 sq ft to 1,600 sq ft, were sold at an average price of RM580 per sq ft, a special introductory price.
Yeoh added that the remaining units in The Fennel’s final block would be released soon.
“An overnight queue is not something new during our previews, but the purchaser waited for 19 hours in the mall before the sales gallery opened on Saturday morning. We were astounded,” Yeoh told NST Business.
He said The Fennel’s success amid an extremely challenging business environment was largely due to its stunning architectural design and offering of modern lifestyle amenities.
Sentul is also strategically located, being just 5km from the Kuala Lumpur city centre, he added.
The Fennel, a freehold development, comprises four 43storey blocks with a total of 916 units, or 229 units per block.
The first three blocks with a total of 687 units were also fully sold. The average selling price for the units was RM700 per sq ft, said Yeoh. Sharen Kaur