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 Deposit for Bulk Meter upon Vacant Possession, Deposit for Bulk Meter

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Yuyun515
post Feb 3 2018, 09:53 AM

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Actually this bulk meter is for common area water and electricity. It is an advance collection from the owner as when developer wanna handover to jmb after developer period. Developer will use this money to apply a new bulk meter from syabas and tnb.
So if you wanna subsales your unit basically can recover from your buyer.
There is a clause in spa stating purchaser should bear the deposit of installation water and electricity

 

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