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Investment Window On The Park, By Selangor Dredging Berhad

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ecin
post Oct 15 2012, 08:45 AM

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QUOTE(lw4ever @ Oct 15 2012, 06:47 AM)
I wonder why there is RM35/mth for each car park on top of the usual maintenance fee (0.275/sf, inclusive 10% sinking fund).

The SA said it's maintenance fee for the parking lot and it's a standard practice for all SDB's condos.  hmm.gif

It's like paying rental instead of getting 2 free parking lots come with the unit 1684sf as told.  sweat.gif
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Is car park allocation/purchase being listed in SPA?
danielisme
post Oct 15 2012, 09:52 AM

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Block C left 25 units or 85% sold updated at 1pm yesterday and still many potential buyer arrived. Bet will sold out end of this year
maverickzack
post Oct 15 2012, 10:25 AM

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QUOTE(lw4ever @ Oct 15 2012, 06:47 AM)
I wonder why there is RM35/mth for each car park on top of the usual maintenance fee (0.275/sf, inclusive 10% sinking fund).

The SA said it's maintenance fee for the parking lot and it's a standard practice for all SDB's condos.  hmm.gif

It's like paying rental instead of getting 2 free parking lots come with the unit 1684sf as told.  sweat.gif
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They didnf mention that when we are paying for booking. Aren't the Maintainance fee are 0.25 cent Sqf?

Anymore details to share on the SNP?


Added on October 15, 2012, 10:27 am
QUOTE(danielisme @ Oct 15 2012, 09:52 AM)
Block C left 25 units or 85% sold updated at 1pm yesterday and still many potential buyer arrived. Bet will sold out end of this year
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85% sold as in block A and C? Any idea how many more unit left on Block A?

This post has been edited by maverickzack: Oct 15 2012, 10:27 AM
lw4ever
post Oct 15 2012, 10:48 AM

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QUOTE(ecin @ Oct 15 2012, 09:45 AM)
Is car park allocation/purchase being listed in SPA?
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QUOTE(maverickzack @ Oct 15 2012, 11:25 AM)
They didnf mention that when we are paying for booking. Aren't the Maintainance fee are 0.25 cent Sqf?

Anymore details to share on the SNP?
Still under consideration now.
So no idea on the details of the S&P yet.

Yup, it's 0.25/sf, and extra 10% for sinking fund, Actual = 0.25 + 0.025 = 0.275 in total.
It's a standard practice for some/most condos/apartments.

Anyone mind to share the details of S&P, whether car park allocation/purchase being listed?

I almost forgot about the Specifications, need to take a look of it in details before pull the trigger.

This post has been edited by lw4ever: Oct 15 2012, 10:50 AM
jpaul
post Oct 15 2012, 12:57 PM

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I am comparing WOTP and seringin

Any feedback?
ecin
post Oct 15 2012, 01:27 PM

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QUOTE(jpaul @ Oct 15 2012, 12:57 PM)
I am comparing WOTP and seringin

Any feedback?
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Different location ..
You buy for own-stay or what?
maverickzack
post Oct 15 2012, 01:39 PM

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QUOTE(jpaul @ Oct 15 2012, 12:57 PM)
I am comparing WOTP and seringin

Any feedback?
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Actually Seringin looks like a pretty good location and in a pretty mature area but isnt it a little too late to consider Seringin, price increased since months ago.
Cherasboy
post Oct 15 2012, 01:48 PM

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QUOTE(lw4ever @ Oct 15 2012, 10:48 AM)
Still under consideration now.
So no idea on the details of the S&P yet.

Yup, it's 0.25/sf, and extra 10% for sinking fund, Actual = 0.25 + 0.025 = 0.275 in total.
It's a standard practice for some/most condos/apartments.

Anyone mind to share the details of S&P, whether car park allocation/purchase being listed?

I almost forgot about the Specifications, need to take a look of it in details before pull the trigger.
*
I was told by SA during pre-launch the maintenance fee is 0.25/sqft. No complaint on sinking fund(10% top up of 0.25 cents) as it was a standard. However, if SDB required purchaser to pay additional parking maintenance RM35 per mth for each car parking then SA shd have told us 0.32/sqft all inclusive for 1683sqft units. I never heard any condo need to pay maintenance for car parking. If this is wht SDB practice (which is unusual to other developer), SDB shd make known to those purchaser who first time bought SDB property.I feel SDB not being honest. If the parking maintenance is true don't we shd boycott SDB. It not about money but it is about integrity of doing business. Let's withdraw the WOTP booking if SDB could not exclude the parking maintenance. How are we expect to tell the buyer if we opt for subsale? Are we going to silent about the parking maintenance just the SA did to us or tell them in advance before execution of S&P with subsale buyer? Will the subsale buyer will be willing to buy if they know they got to pay parking maintenance over and above of normal maintenance of RM 0.275 psf? What would happen if we paid the maintenance of RM0.275 psf but don't the parking maintenance? Will the management corporation ban our vehicles entering into the premise? In this case, we don't benefit so call 'free parkings lot'. To all the purchaser who booked WOTP pls think twice before signing S&P with SDB.
danielisme
post Oct 15 2012, 01:50 PM

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Seringin very typical Condo layout
lw4ever
post Oct 15 2012, 01:57 PM

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QUOTE(Cherasboy @ Oct 15 2012, 02:48 PM)
I was told by SA during pre-launch the maintenance fee is 0.25/sqft. No complaint on sinking fund(10% top up of 0.25 cents) as it was a standard. However, if SDB required purchaser to pay additional parking maintenance RM35 per mth for each car parking then SA shd have told us 0.32/sqft all inclusive for 1683sqft units. I never heard any condo need to pay maintenance for car parking. If this is wht SDB practice (which is unusual to other developer), SDB shd make known to those purchaser who first time bought SDB property.I feel SDB not being honest. If the parking maintenance is true don't we shd boycott SDB. It not about money but it is about integrity of doing business. Let's withdraw the WOTP booking if SDB could not exclude the parking maintenance. How are we expect to tell the buyer if we opt for subsale? Are we going to silent about the parking maintenance just the SA did to us or tell them in advance before execution of S&P with subsale buyer? Will the subsale buyer will be willing to buy if they know they got to pay parking maintenance over and above of normal maintenance of RM 0.275 psf? What would happen if we paid the maintenance of RM0.275 psf but don't the parking maintenance? Will the management corporation ban our vehicles entering into the premise? In this case, we don't benefit so call 'free parkings lot'. To all the purchaser who booked WOTP pls think twice before signing S&P with SDB.
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Ya, it's weird we need to pay maintenance for each parking lot.
This is also the 1st time I heard abt this. biggrin.gif
I asked what to maintain, the SA said like lighting then can't give more details/examples and said it's a standard practice for all SDB's condos! tongue.gif

Probably if anyone go to the showroom or gonna sign S&P, remember to confirm on this again. smile.gif
maverickzack
post Oct 15 2012, 01:58 PM

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QUOTE(Cherasboy @ Oct 15 2012, 01:48 PM)
I was told by SA during pre-launch the maintenance fee is 0.25/sqft. No complaint on sinking fund(10% top up of 0.25 cents) as it was a standard. However, if SDB required purchaser to pay additional parking maintenance RM35 per mth for each car parking then SA shd have told us 0.32/sqft all inclusive for 1683sqft units. I never heard any condo need to pay maintenance for car parking. If this is wht SDB practice (which is unusual to other developer), SDB shd make known to those purchaser who first time bought SDB property.I feel SDB not being honest. If the parking maintenance is true don't we shd boycott SDB. It not about money but it is about integrity of doing business. Let's withdraw the WOTP booking if SDB could not exclude the parking maintenance. How are we expect to tell the buyer if we opt for subsale? Are we going to silent about the parking maintenance just the SA did to us or tell them in advance before execution of S&P with subsale buyer? Will the subsale buyer will be willing to buy if they know they got to pay parking maintenance over and above of normal maintenance of RM 0.275 psf? What would happen if we paid the maintenance of RM0.275 psf but don't the parking maintenance? Will the management corporation ban our vehicles entering into the premise? In this case, we don't benefit so call 'free parkings lot'. To all the purchaser who booked WOTP pls think twice before signing S&P with SDB.
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Totally agree with you, think buyers, we should voice out together, to make sure voice be heard for them to do something about it, otherwise they will treat us with take it or leave it attitude.
Cherasboy
post Oct 15 2012, 02:39 PM

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Dear Maverickzack

Thanks for your support. To those purchasers out there, pls don't sign S&P until we get SDB to resolve parking maintenance. If SDB forfeit RM8k booking fee, we shd make complaint to SDB or even go to MOH to make complaint. All these can be done if we all joined together. In any event, I don't think SDB willing to bury their sales n image just because of RM8k.
maverickzack
post Oct 15 2012, 02:46 PM

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QUOTE(lw4ever @ Oct 15 2012, 01:57 PM)
Ya, it's weird we need to pay maintenance for each parking lot.
This is also the 1st time I heard abt this.  biggrin.gif
I asked what to maintain, the SA said like lighting then can't give more details/examples and said it's a standard practice for all SDB's condos! tongue.gif

Probably if anyone go to the showroom or gonna sign S&P, remember to confirm on this again. smile.gif
*
Their Florescent lights all faulty, need to share hundred lights monthly?
How is that different than those condos doesn't charge for that?
danielisme
post Oct 15 2012, 02:50 PM

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Aiya after a year . Sdb will hang over to jmb then setup own management
Committee la. Who want become president here ???
ahsoh
post Oct 15 2012, 05:12 PM

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If we count by $/sqft the maintainance for carpark is even higher than the condo unit. Haha.... crazy developer.
sonycamera
post Oct 15 2012, 06:00 PM

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Never stayed in condo before.

Thought someone told me before calculation of maintenance fee is something like:

Maintenance fee = (unit area + carpark area) x rate.

Looks like I might have been wrongly informed.
neweeX
post Oct 15 2012, 06:32 PM

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QUOTE(Cherasboy @ Oct 15 2012, 02:39 PM)
Dear Maverickzack

Thanks for your support. To those purchasers out there, pls don't sign S&P until we get SDB to resolve parking maintenance. If SDB forfeit RM8k booking fee, we shd make complaint to SDB or even go to MOH to make complaint. All these can be done if we all joined together. In any event, I don't think SDB willing to bury their sales n image just because of RM8k.
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Eh, why so upset one? Did developer say don't want to refund ah?

Maybe SDB is happy to give the $ back. cry.gif
ecin
post Oct 15 2012, 06:42 PM

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QUOTE(sonycamera @ Oct 15 2012, 06:00 PM)
Never stayed in condo before.

Thought someone told me before calculation of maintenance fee is something like:

Maintenance fee = (unit area + carpark area) x rate.

Looks like I might have been wrongly informed.
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Normally (not all), Maintenance Fee = fee psf x unit size in sf. Some condo bigger unit will have lower maintenance fee psf compare to small units in the same condo.

This post has been edited by ecin: Oct 15 2012, 06:43 PM
jpaul
post Oct 15 2012, 07:50 PM

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QUOTE(ecin @ Oct 15 2012, 01:27 PM)
Different location ..
You buy for own-stay or what?
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Own stay

I got an offer to take over a 2100 sqft unit at about 1.03 mil in seringin

idoblu
post Oct 15 2012, 07:58 PM

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QUOTE(jpaul @ Oct 15 2012, 07:50 PM)
Own stay

I got an offer to take over a 2100 sqft unit at about 1.03 mil in seringin
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Developer no more units for sale?

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