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

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HuiChyr
post Sep 29 2012, 06:34 AM

On my way
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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
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





 

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