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Subang Olives, Is this condo good for investment?
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TSMaxKHOO
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Apr 15 2011, 12:04 AM, updated 15y ago
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Getting Started

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Hi Sifus
Pls provide an insight as to whether Subang Olives Residence is a condo worth investing. Understand that Vacant Possession took place in year 2010 but seems nobody has moved in there yet. Why is that so? Also cannot see any owner letting out the condo units in IProperty. Only sale units available. Is there anything wrong with this condo?
Owners do not have to pay monthly maintenance fee but they have to pay for the car park, of which the revenue collected will be used for maintenance of the property. Anyone knows what is the charge per car park lot?
Would appreciate your feedback.
Thank you.
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TSMaxKHOO
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Apr 15 2011, 07:55 AM
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Getting Started

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What are the negative effects of a housing project having changed many developers? I heard the condo now is badly maintained. I supposed no one move in yet, so there is no car park fee collection which means no money for maintenance of the property. Think the developer made a mistake by using car park fee as revenue for maintenance. They hv to incur the maintenance cost at least for one year after vacant possession.
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TSMaxKHOO
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Apr 15 2011, 06:36 PM
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Getting Started

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Hi thank you for all yr views and info.
This post has been edited by MaxKHOO: Apr 15 2011, 06:45 PM
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