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 16 Sierra by IOI properties

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oldman8088
post Feb 13 2012, 08:37 AM

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QUOTE(slackinux @ Feb 13 2012, 12:36 AM)
Sierra 8 is guarded at the guard house. Every owner is given 2 access cards to enter/exit Sierra 8.
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3 types of G&G

Strata Title with DMC - true G&G, all road inside compund are private area under strata title, usually higher maintenance fees as you need to pay for road lamp eletricity, rubbish collection fees, guard wages. example like condo, townhouse in 16 sierra.

Individual Title with DMC - You own the land of your house, outside your gate considered as common area / public area, you are compulsory to pay low maintenance fees for guard wages according to DMC. Road lamp and rubbish collecttion wll be conducted and paid by MPS. Due to road is public, you can't stop outside people to enter your compound according to law. Example Mah Sing Kinrara Residence

Individual Title without DMC - You own the land of your house, outside the date considered as public area but you have no obligation to pay guard wages because no DMC, therefore, if all residence don't pay, left guard house without guard scenario. Example, Adenia, Areca, Lyden in 16 Sierra.

IOI just build the guard house and gated for you don't cost them much, important is they never force buyer sign DMC. As some forumer said, eventually only have guard house without guard monitoring service, no garden maintenance service.


oldman8088
post Feb 13 2012, 02:44 PM

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QUOTE(shinjun @ Feb 13 2012, 11:39 AM)
Are you sure that those you mentioned is without DMC? Are you one of the owner?
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I am one of owner of Areca, confirmed no DMC signed.
oldman8088
post Mar 23 2012, 01:42 PM

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QUOTE(Bahkuteh @ Mar 23 2012, 10:33 AM)
Here its 99,in spore it's 999 yrs.
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Msia Leasehold - 99 years
Msia Freehold - 999 years, in system can't input infinity

Singapore Freehold - 999 years
Singapore Leasehold - 99 years / 60 years / 30 years

This post has been edited by oldman8088: Mar 23 2012, 01:45 PM

 

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