Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Subang Olives, Is this condo good for investment?

views
     
TSMaxKHOO
post Apr 15 2011, 12:04 AM, updated 15y ago

Getting Started
**
Junior Member
233 posts

Joined: Mar 2011


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.
TSMaxKHOO
post Apr 15 2011, 07:55 AM

Getting Started
**
Junior Member
233 posts

Joined: Mar 2011


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.
TSMaxKHOO
post Apr 15 2011, 06:36 PM

Getting Started
**
Junior Member
233 posts

Joined: Mar 2011


Hi thank you for all yr views and info.

This post has been edited by MaxKHOO: Apr 15 2011, 06:45 PM

 

Change to:
| Lo-Fi Version
0.0218sec    1.38    7 queries    GZIP Disabled
Time is now: 17th December 2025 - 01:52 PM