Welcome Guest ( Log In | Register )

27 Pages « < 15 16 17 18 19 > » Bottom

Outline · [ Standard ] · Linear+

Investment My first home property investment: Flora Damansara, Advise, Feedback, & Comments?

views
     
Alvinyeo
post Sep 26 2012, 12:40 PM

Talk is Cheap
******
Senior Member
1,752 posts

Joined: Jun 2010


Just went the place yesterday to pay up maintenance fee.

It seem the management getting more problem than ever.

The whole management team been change to a new one.

When ask they told me the old team all cabut, can't handle the stress.

doh.gif

This post has been edited by Alvinyeo: Sep 26 2012, 12:41 PM
casey_loo
post Sep 26 2012, 03:49 PM

New Member
*
Newbie
2 posts

Joined: Sep 2012
QUOTE(Alvinyeo @ Sep 18 2012, 11:46 PM)
Which bank ? Mine is PB.

hmm.gif

Diff bank use diff valuer.
*
Same, PB nod.gif
Alvinyeo
post Sep 26 2012, 04:55 PM

Talk is Cheap
******
Senior Member
1,752 posts

Joined: Jun 2010


QUOTE(casey_loo @ Sep 26 2012, 03:49 PM)
Same, PB  nod.gif
*
Must be different valuer. hmm.gif
HuiChyr
post Sep 29 2012, 06:34 AM

On my way
****
Senior Member
567 posts

Joined: May 2009


Hi guys,

Just giving my 2 cents. I am a businessman dealing with repairing pumps. 2 years ago I was called to repair pump, control panel and piping problem at FD. The management requested it the last minute. Apparently, the whole block was without water for 2 days!

So we were requested to fix it the day itself. We were called in around 4.30pm. We worked until 3am to solve their problem. When we billed them, it took 4 months to pay up. Squeezing our price when job was already done and delivered.

There is a lot of problem there especially JM Committee with personal agenda. I held on to my principles and threaten to sue them. Only then they released the cheques in separate payments. Not ALL committees have personal agenda but it takes one or two to make life difficult.

So I believe for investment sake (rental collection and capital appreciation), it is still ok. But for personal occupation, the frustration is overwhelming. Good luck guys.

This post has been edited by HuiChyr: Sep 29 2012, 06:35 AM
pekanmy
post Sep 30 2012, 01:36 PM

Getting Started
**
Junior Member
89 posts

Joined: Jan 2003
QUOTE(HuiChyr @ Sep 29 2012, 06:34 AM)
Hi guys,

Just giving my 2 cents. I am a businessman dealing with repairing pumps. 2 years ago I was called to repair pump, control panel and piping problem at FD. The management requested it the last minute. Apparently, the whole block was without water for 2 days!

So we were requested to fix it the day itself. We were called in around 4.30pm. We worked until 3am to solve their problem. When we billed them, it took 4 months to pay up. Squeezing our price when job was already done and delivered.

There is a lot of problem there especially JM Committee with personal agenda. I held on to my principles and threaten to sue them. Only then they released the cheques in separate payments. Not ALL committees have personal agenda but it takes one or two to make life difficult.

So I believe for investment sake (rental collection and capital appreciation), it is still ok. But for personal occupation, the frustration is overwhelming. Good luck guys.
*
Thanks a lot. We need to know this as the money spend by the JMC is our money. Pls PM me the culprit name. vmad.gif

One thing Flora lacking is the support of it's owners. Most of the owner don't even bother to know who are the committee members. We the owner should be responsible toward our own home/property by being vocal. What I mean is being vocal as a group toward the management or JMC.

My main concern now is to get the strata title out. Once we have the strata title, the JMC will be more independent and will have more power to collect the unpaid maintenance fee.

once again, thank HuiChyrm for the info.
HuiChyr
post Sep 30 2012, 09:05 PM

On my way
****
Senior Member
567 posts

Joined: May 2009


QUOTE(pekanmy @ Sep 30 2012, 01:36 PM)
Thanks a lot. We need to know this as the money spend by the JMC is our money. Pls PM me the culprit name. vmad.gif

One thing Flora lacking is the support of it's owners. Most of the owner don't even bother to know who are the committee members. We the owner should be responsible toward our own home/property by being vocal. What I mean is being vocal as a group toward the management or JMC.

My main concern now is to get the strata title out. Once we have the strata title, the JMC will be more independent and will have more power to collect the unpaid maintenance fee.

once again, thank HuiChyrm for the info.
*
I believe the problem there are too many units hence owners. It is difficult to know everybody and have everybody to agree on a policy. Everybody have their own plan for the unit. Some prefer Africans because of high rental, others are not so favourable.

I was lucky in my own apartment (Jati 2, USJ 1). Low density (308units) and majority buy to occupy with family members. It was easy for JMC to reach consensus to rid off foreigners and Africans. We still have one or two units still renting to Africans but they are outstation owners.

I understand during that time there was a big fight between JMC and Resident Association until the management company (MC), PAMA Services was kicked out. So your vocal power was there. I don't know the culprit behind from JMC but the manager told me they want something in return. I told them to 'f' off. Since my margin just covered enough for my cost.

I was the chairman for my apartment. You don't need to be MC (30% strata title) to have power to collect maintenance fee. You can reduce water pressure (not 100% cut off) to get them to pay but diplomatically la. Make them come to office to complain abt water but remind them nicely that the maintenance is due and still open the water back for them the same day.

Hmm... if I memory serves me right, your water meter is outside right. Cannot lock. ..sigh. doh.gif
Always remember that JMC is to "help" the residents there not a dictator. Worst come to worst, Act 663 allows JMC to "sita" the property. That is extreme case ler ... shocking.gif




unig
post Oct 27 2012, 09:41 PM

Getting Started
**
Junior Member
152 posts

Joined: Sep 2009


how come this tered not active anymore mang???!!!
Alvinyeo
post Oct 27 2012, 10:19 PM

Talk is Cheap
******
Senior Member
1,752 posts

Joined: Jun 2010


QUOTE(unig @ Oct 27 2012, 09:41 PM)
how come this tered not active anymore mang???!!!
*
No topic, no active lo.

unig
post Oct 27 2012, 10:22 PM

Getting Started
**
Junior Member
152 posts

Joined: Sep 2009


QUOTE(Alvinyeo @ Oct 27 2012, 10:19 PM)
No topic, no active lo.
*
sigh last time so active one this tered....
shahrulezwan
post Nov 7 2012, 10:29 AM

New Member
*
Newbie
1 posts

Joined: Nov 2012


hello everyone,
any update on flora damansara?
i love this topic.
what happen to a new development there?

SUStikaram
post Nov 7 2012, 10:40 AM

10k Club
********
All Stars
10,722 posts

Joined: Nov 2011
QUOTE(shahrulezwan @ Nov 7 2012, 11:29 AM)
hello everyone,
any update on flora damansara?
i love this topic.
what happen to a new development there?
*
I also love this topic.

I hear my junior said. Flora got rock blasting. ( I hope this will not cause the price going down)

that stu*** developer. Is it safe to do rock blasting when the condo is so near rock mountain?

I cepat cepat selling my ED also bcs of the continues blasting next to PJ trade center.

This post has been edited by tikaram: Nov 7 2012, 10:41 AM
richsense
post Nov 7 2012, 11:49 AM

Getting Started
**
Junior Member
132 posts

Joined: Jul 2006
QUOTE(tikaram @ Nov 7 2012, 10:40 AM)
I also love this topic.

I hear my junior said.  Flora got rock blasting. ( I hope this will not cause the price going down)

that stu*** developer. Is it safe to do rock blasting when the condo is so near rock mountain?

I cepat cepat selling my ED also bcs of the continues blasting next to PJ trade center.
*
Rock blasting has happened 4 years back. Try to google flora damansara rock blasting and you will find a blog which explained the rock blasting activity back in 2008.
SUStikaram
post Nov 7 2012, 11:58 AM

10k Club
********
All Stars
10,722 posts

Joined: Nov 2011
QUOTE(richsense @ Nov 7 2012, 12:49 PM)
Rock blasting has happened 4 years back. Try to google flora damansara rock blasting and you will find a blog which explained the rock blasting activity back in 2008.
*
oh..........

so conclusion is rock blasting won't affect nearby building?

I was told nearby DP got one building many crack due to the rock blasting.

I can't write the name of the building. Can get lawyer letter.

If you have drinking buddy @ ecoba. You ask them/ the waiter which building la.

That's why i sold my ED even with lesser sum.

This post has been edited by tikaram: Nov 7 2012, 12:03 PM
pekanmy
post Nov 7 2012, 01:48 PM

Getting Started
**
Junior Member
89 posts

Joined: Jan 2003
QUOTE(tikaram @ Nov 7 2012, 11:58 AM)
oh..........

so conclusion is rock blasting won't affect nearby building?

I was told nearby DP got one building many crack due to the rock blasting.

I can't write the name of the building. Can get lawyer letter.

If you have drinking buddy @ ecoba. You ask them/ the waiter which building la.

That's why i sold my ED even with lesser sum.
*
@ ecoba - a great place to get the latest information tongue.gif

SUStikaram
post Nov 7 2012, 02:32 PM

10k Club
********
All Stars
10,722 posts

Joined: Nov 2011
QUOTE(pekanmy @ Nov 7 2012, 02:48 PM)
@ ecoba - a great place to get the latest information tongue.gif
*
Oh.....
Are you often there?

I might know you.

This post has been edited by tikaram: Nov 7 2012, 02:33 PM
raja lau
post Nov 8 2012, 01:12 PM

Casual
***
Junior Member
343 posts

Joined: Sep 2011
When is this flora damansara completion year? Any taikor know??
satrianeo-x
post Nov 11 2012, 03:46 PM

Casual
***
Junior Member
434 posts

Joined: Nov 2012
Hey found this ibteresting thread after visited flora. Below my comment. Take it with a generous pinch of salt please.

Went chk out place today. I thought i have entered pekeliling flat in kl. whoaaaa. I discovered a time-travel wormhole! Staying here is a need, NOT a want. And there will be needs, but that need is willing to go for low low price. What a waste of good location tho. Fantatic view at that roundabout. Those who is used to the place should feel so lucky. Let em pay 750psft at tropicana avenue, ara damansara etc. me? Am good, am gooooooooddd.

Called agnt, i said at 150k u can forget about me. Went down 140... I said 135k is still only maybe. Am gonna be there for group tour later,.... Wht the heck wht not right?
SUSworgen
post Nov 11 2012, 04:31 PM

Regular
******
Senior Member
1,359 posts

Joined: Nov 2010
flora damansara...really a waste on that nice piece of land..
HouLanSaiLei
post Nov 11 2012, 06:04 PM

Getting Started
**
Junior Member
107 posts

Joined: May 2012


sold end last yr 135k

one yr later now also 135k?

Which block completion?

Mine ex-blok F signed snp 2000, delivered end 2006. 3 yrs delay. Blok H even worse. Delayed longer than F

Give this slump a pass. But if u NEED a place to stay in dsara, then no choice
SUSworgen
post Nov 11 2012, 06:35 PM

Regular
******
Senior Member
1,359 posts

Joined: Nov 2010
QUOTE(HouLanSaiLei @ Nov 11 2012, 06:04 PM)
sold end last yr 135k

one yr later now also 135k?

Which block completion?

Mine ex-blok F signed snp 2000, delivered end 2006.  3 yrs delay.  Blok H even worse.  Delayed longer than F

Give this slump a pass.  But if u NEED a place to stay in dsara, then no choice
*
I think your purchase price should be around 100k. So you still sold above purchase price. Lei HouLanSaiLei!

27 Pages « < 15 16 17 18 19 > » Top
 

Change to:
| Lo-Fi Version
0.0247sec    0.59    6 queries    GZIP Disabled
Time is now: 5th December 2025 - 01:42 PM