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Investment KINRARA RESIDENCE [OWNERS' THREAD], Lifestyle landed homes from Mah Sing

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kikco
post Mar 25 2011, 04:31 PM

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QUOTE(UFO-ET @ Mar 22 2011, 10:48 PM)
Precisely, security sure tight.
IMO, to form a gated and guarded community is very easy, but to ongoing maintain the common facilities is a big big  task, sometimes I wan to blame developer for not perform their duty to educate residence on theirs' responsibility and duty in g+g area, we mustn't assume that all the g+g residences understand the concept, till today many g+g areas appear to hv problems after few yrs operation, some owners think that if their management office is not doing well, then they can still hand the maintenance jobs back to respective authorities to take care.....it really happen, no joke (frankly I dun like g+g b'coz of tis)
If KR has many investors buy to flip, then may hv problem also if hse kenot be sold, vacant & owner give excuse not to pay mthly maintenance, be prepare to face this ya
Another thing I worry is developer absorb the 1st 2 yr fees, it is gd can save money, but problem may arise when terms expire, to start collecting hundreds of mthly fees will be challenging, becoz to serve maintenance fees, one needs to make it a habit.
I always hv a "dream", if for the 1st 2 yrs, although developer absorbs fees, residence can still starts to pay a little bit fr day one (certain %) to a stakeholder a/c (FD), until the 3rd yr, it is easier to keep the pace... wub.gif
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The true G&G is for only strata landed homes, i only know a few of these housing estates like subang tanamera, puchong lakeedge, dpc zenia, etc. they are managed by a proper body and maintanence fees is mandatory. you'll be asked to sign a DMC agreement with spells out the rules of like no changing of exterior paint colour, extension etc just like you're in a condo.

For the rest of the individual titled landed, its pseudo G&G, F&G, guarded and gated whatever you wanna call it.
Usually the resident will form a Resident Association (RA) once the developer hands back the management of the security. So it all depends on how efficient your RA is. There is no law to force someone to join the RA and pay the security fees, so there are always freeloaders or tidak apa residents.

The suck part now is the govt recently came up with some really ridiculous guidelines for the psuedo G&G taman, which includes like booms gates can only be operational from 12mn to 6am, no brick perimeter walls , public can enter without surrendinng any documents, no oil drums, guard house size, etc. you can google or read more here http://www.sjecho.com.my/article/1111

the guidelines are support to be effective 31 march, and many RAs are still trying to fight the rulings as most taman cant comply with those rules, so we will see soon , if the local authority will take action to dismantle the security fittings .....




kikco
post Mar 25 2011, 11:56 PM

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QUOTE(QW$$ @ Mar 25 2011, 08:03 PM)
Hmmm the S & P is pretty standard one. Nothing on paying monthly maintaince fee or club fee's. Guess those who bought the 3 stories will be jumping up & down ..like me now

Mabye the guys can clarify this with TMS tomorrow ( still dun know why they are called TMS).
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all is not lost....most possible scenario is we need to form a dedicated and efficient RA to manage to security/guards after the developer cuci tangan, and also get 85% residents to give consent.

as for the guidelines from the govt, we'll just wait n see, coz right now i believe govt is focusing more on those G&G taman with oil drums & metal grille blocking the road, which sometimes is a nuisance for the public, including myself. often when i visit friends in damansara utama, usj and bandar utama, always sesat, looks like all exits are blocked. blink.gif

but having a public amenity like school, surau, parks makes it tad harder to be fully gated....
kikco
post Mar 26 2011, 02:40 PM

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QUOTE(UFO-ET @ Mar 26 2011, 11:05 AM)
Thanks for the info. Tis is the 1st time that a Taman appears to hv different set of RA, m trying to imagine wat could be the relationship be?
For instance, TMS only mentioned the fees for each & every household, but never detailed the allocation, as we know, there are a few items need to be make clear :
1. Club house maintenance - collective fund to maintain
2. Playground, street light etc - g+g needs to maintain by themselves
3. G+G has sinking fund - how does it be segregated?
4. Wat Wil happen if the number of link hse owners reduce?

Look quite complicated to me
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fact is quite simple, its non strata G&G, no way to enforce everyone to pay, there are no laws.

no sinking fund, the common amenities like parks, road sweeping, grass cutting, lights will be maintained by local council.

you're just paying for the guards salary and any other additional services the RA are subscribing like CCTV, gardeners ..etc.


kikco
post Mar 27 2011, 07:14 PM

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QUOTE(UFO-ET @ Mar 26 2011, 03:16 PM)
Yes I know tis, I just dun understand how to manage the money? 2 different RA, 2 concept, 2 guard post, but only 1 common club house, so will 2 RAs share 1 account, if no, then how much suppose link hse owner pay for club house membership + guards fees?
If share 1 account, then all monies will goes to maintain club hse, security fees, g+g common facilities cost (including painting refurbishment), so if link hse membership reduce how? Confuse rclxub.gif
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the ra can be combined or separate, the residents can dcide
later on when the developer pass back to the residents.

for the club house don't think is part of the maintanence fee,
it's separate. just imagine fitness first open a gym right next to your house right now...
kikco
post Mar 28 2011, 11:00 PM

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QUOTE(mrkenjiro @ Mar 28 2011, 12:06 PM)
Hmm... what's the role of Deed of Mutual Covenants play in ensuring everyone (especially those in DSL and 2.5 storeys pay)?
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dont think DMC agreement is relevant for individual title home and optional, only mandatory for strata type...

This post has been edited by kikco: Mar 28 2011, 11:19 PM

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