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Investment ONE COCHRANE RESIDENCES [MRT PROPERTY], Next to IKEA and Ikano Megamall + Hotel

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wsoon82
post Feb 9 2020, 08:19 PM

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QUOTE(userA123 @ Feb 8 2020, 02:08 PM)
If it is fully sold out, RM509.30 can still be maintained for the next few years. If not sold out, how?
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Developer would have to pay maintenance fees for those unsold units. Why need to worry?
wsoon82
post Feb 10 2020, 07:50 AM

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QUOTE(heavensea @ Feb 10 2020, 01:28 AM)
After 2 years jmb form then how?
Developer pay ah?
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As long as they are the owner for those units, they have to pay.
wsoon82
post Feb 10 2020, 07:55 AM

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QUOTE(hspace @ Feb 10 2020, 12:24 AM)
Really? For unsold units, developer will every month deposit into the management account?

But then, before JMB is formed, developer will be the management, right? Then they can just charge whatever management fee they like. Left pocket to right pocket.
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That's why certain developer set a low maintenance fees to attract buyer, enough money to maintain or not is your problem. Before JMB formed, developer should appoint a management company to manage which "should be" independent, the account will be audited, if you are not happy, can always question.
The unsold units under whoever name, the whoever is responsible to pay maintenance fees.

 

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