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 Setiawalk Puchong V3

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a123
post Oct 23 2013, 11:10 PM

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QUOTE(linkor @ Oct 23 2013, 10:03 AM)

1) Retail car parks belongs to developer. not part of common facility. JMB has no say about it. not sure about valet parking.

2) Entertainmall belongs to developer. not JMB.

3) Yes, SW didn't plan for grocery. in fact, upload/unloading for retail shops are not easy.

4) From next year onwards, new JMB act will come in place. hopefully retail JMB fund can seperate from residential one.

5) a123, Please let me know/(pm) when/where is the next AGM. I want to know more. They have never invited me to any AGM.. hmm...
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1. According to deeds of mutual covenant "Carpark at Ground Level, Basement 1 and Basement 2" are common property. So legally they should be under JMB. It can decide on whether SW should try to have valet parking service.

2. SW Mall (non common area) belongs to developer (SPS). JMB has no say on leasing out SW Mall (non common areas). There are about 38 lots at SW Mall with a total built up of about 150ksf. However the common area in and around the Mall are common property. These include "Internal Roads and Perimeter Roads. Pedestrian Connection at Ground Level. CCTV system for general public area." Water feature at SW Mall. Maintenance of other common areas at SW Mall. Elevators and lifts at SW Mall. Leasing out of common area at SW Mall. These would be under JMB's responsibilities. So the service and sinking fund contribution from SW Mall should be around RM77k/m. SPS should have only 38 voting rights going by strata tittles??? No idea how many voting lots for Hotel.

3. Voting rights - self explanatory from deed of mutual covenant. Please see attachment below.
Attached Image

4. I think next AGM is the second meeting. So the quorum rule applies.

5. No team is perfect. Many thanks to current JMB team for their contribution. Yes no pay for serving in JMB. But they are honourable posts. The chairman/president should be kept to a maximum of two years to ensure he/she does not burn out and new ideas for managing SW are introduced. Should start to look for volunteers/potential candidates asap.

6. Understands the government is amending the rules such that residential and commercial units will have seperate JMB - probably by next year. Both systems have pros and cons.


To all owners, please attend coming AGM expected in early Dec - and vote in a new JMB team.



a123
post Oct 24 2013, 09:33 AM

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QUOTE(urbanite @ Oct 24 2013, 05:04 AM)
RECOVERING DUES UNDER STRATA ACT 2013
1. Procedure in recovery
a)  Defaulters

(1) In accordance with Section 52, ACT 757, the Building Maintenance Fund and Sinking Fund shall comprise Service Charge, Sinking Fund, Water Charges, Insurance Premium, Quit Rent, Late payment Interest and any other obligatory costs of the management.

(2) The Defaulters are those Owners of Condominium Units who have outstanding charges and contributions due and payable to the Building Maintenance Fund and Sinking Fund.

b)  Late Payment Interest (Section 52(4) ACTC 757)
(1) Late Payment Interest at the rate of ten percent (10%) per annum or other rate as determined by the Management, will be levied on all types of outstanding charges and contributions to the Building Maintenance Fund which remains unpaid within fourteen (14) days from the date of invoice for all those outstanding charges and contributions, which may include whatsoever damages or cost of damage to Common Property payable by the defaulting Owner(s).

c)  Defaulters List (can be enforced subject to approval of AGM)
(1) List of Defaulters with the names of the defaulting Owners, their Condominium Unit numbers and the total outstanding contributions due and payable to the Building Maintenance Fund shall be put on display at the various notice boards or at various public places within the Building and on RB website.

(2) The said List of Defaulters will only be updated at the end of the ensuing calendar month.

2. Pre-legal Action for recovery of charges arrears

a)  Any or all of the following actions may be taken against the Defaulter before any legal proceeding is being taken:

(1) Disconnection of Domestic Water Supply (can be enforced subject to approval of AGM)
(a) The Management reserves its right to disconnect domestic water supply to the Condominium Unit(s) of defaulting Owner(s) who fail to remit his/her outstanding charges and/or contributions to the Building Maintenance Fund and Sinking Fund after a fourteen (14) days’ written notice (“First Notice”) has been served on him/her.

(b) The aforesaid action is necessary to facilitate good credit control measure undertaken by Management for recovery of such outstanding sum owing by defaulting Owner(s).

©  A reconnection fee of RM50.00 each will be charged to those defaulting Owner(s) whose domestic water supply has been disconnected by the Management for the recovery of any outstanding charges and/or contributions to the Building Maintenance Fund and Sinking Fund.

(d) The reconnection fee shall be deemed as a contribution to the Building Maintenance Fund.

(2)  De-activating the functions of electronic access touch cards

(a) The Management reserves its right to de-activate selective functions of the electronic access touch cards issued to the defaulting Owner(s) who fail to remit his/her outstanding charges and/or contributions to the Building Maintenance Fund and Sinking Fund after a fourteen (14) days’ written notice (“First Notice”) has been served on him/her.

(b) The aforesaid action is necessary to facilitate good credit control measure undertaken by Management for recovery of such outstanding sum owing by defaulting Owner(s).

©  A reconnection fee of RM50.00 each will be charged to those defaulting Owner(s) to re-activate the access cards, by the Management for the recovery of any outstanding charges and/or contributions to the Building Maintenance Fund and Sinking Fund. The re-activating fee shall be deemed as contribution to the Building Maintenance Fund.

3. Legal Proceeding for Recovery of Arrears
a) At the end of the 14 days notice and the arrears has not been paid, JMC may file a summons via court or tribunal to recover the outstanding balance as outlined under Section 35 of ACT 757.
b)  Any purchaser or parcel owner who, without reasonable excuse, fails to comply with the notice as stated under 1 b (1) above commits an offense and shall, on conviction as per action 3(a) above, be liable to a fine not exceeding RM5,000 or to imprisonment for a term not exceeding three years or to both, and

in the case of a continuing offense, to a further fine not exceeding RM50 for every day or part thereof during which the offense continues after conviction.
4. Recovery of sums by attachment of movable property
a) In the event the amount of charges and contributions due from the defaulting Owner(s) have been in arrears for six (6) months and above, the Management shall submit a written request to the Commissioner of Buildings to issue a warrant of attachment authorizing the attachment of any movable property belonging to the defaulting Owner(s) in the Condominium Unit.

b) The Commissioner of Buildings will issue a Notice to pay arrears of charges (Form A) requesting the defaulting Owner(s) to pay the amount in arrears within fourteen (14) days.

c)  The warrant of attachment under subsection (1) shall be executed by the developer or a member of the joint management committee or by a person specially employed by the developer or the JMB to execute such warrant, in the presence of the Commissioner or an officer from the office of the Commissioner.

d) If the developer or the member of the joint management committee or the person referred to in © encounters difficulties in executing the warrant, such developer, member or person may seek the assistance of the Commissioner, and in providing such assistance, the Commissioner may request for the assistance of a police officer not below the rank of Inspector.r.

5.  Statutory Offense
a) Any purchaser or parcel owner who, without reasonable excuse, fails to comply with the notice as stated under 1 b (1) above commits an offense and shall, on conviction as per action 3(a) above, be liable to a fine not exceeding RM5,000 or to imprisonment for a term not exceeding three years or to both, and

in the case of a continuing offense, to a further fine not exceeding RM50 for every day or part thereof during which the offense continues after conviction.
Extracted from http://strata2013.wordpress.com/2013/06/22...ecovering-dues/
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Urbanite, thanks for the very useful information on Strata Management.
a123
post Oct 25 2013, 09:58 AM

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For those who are interested below is link to Laws of Malaysia - Act 757 - Strata Management Act 2013.
http://www.federalgazette.agc.gov.my/outpu...TA%20757-BI.pdf
a123
post Oct 27 2013, 05:58 PM

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QUOTE(laikt2010 @ Oct 27 2013, 11:26 AM)
All Sifu,

Will 2014 budget affect Setiawalk price?

thanks for sharing~
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With the latest RPGT increment, SW prices will either go up or the owner take a reduction in gain by keeping the price constant or keep it till after 5 years. The immediate effect is buyer will have to pay more or seller will get less - the difference goes to uncle Sam. Timing is money!
a123
post Oct 27 2013, 06:03 PM

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QUOTE(laikt2010 @ Oct 27 2013, 01:06 PM)
But then the transactions might be slower due to being affected by the whole property market, am I right?

I am actually quite concerned about the rentals.
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With new RPGT, more owners will not even attempt to sell until after fifth year. In the near term rental is expected to reduce due to sudden increase in number of units available for rent.
a123
post Nov 9 2013, 08:35 PM

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QUOTE(rsquared @ Nov 8 2013, 12:53 PM)
SW newsletter
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Thanks rsquare for the info. Current JMB knows how to collect service charges ( with poor efficiency as well - May/June water invoices only billed in end September!) but some how do not provide info to owners or receiving feedback. I am a retail unit owner who does not even know the existence of any SW newsletter for owners other than invoices after invoices! Other than invoices (many with errors), the only communications I have received from Management for the past one year are changes in minimum water charges and quarterly billing of service charges. Officially wrote in to Management but no response whatsoever. Very disappointed with their attitude. Cannot even look after basic maintenance of water feature/fountains. Looks like non of the committee members know the existence of this blog. At least help-lah to show how to feedback to JMB if anyone of them would care to help. Committee members please do not offer yourself for re-election if you are unable to offer any help to other owners/cannot be contacted. Thank you for warming the seat for the past one year!!!!
a123
post Nov 12 2013, 10:35 AM

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QUOTE(rsquared @ Nov 11 2013, 10:02 AM)
u wanna be in the next JMB or not? i nominate sama lu  icon_rolleyes.gif hehe
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I am a owner who do not stay or work in SW. However I am willing to serve for one year if needed. Lets take turns - OK?

JMB primary task is to ensure proper basic management and maintenance - in accordance to govt regulations and deeds of mutual covenance signed by all owners. Communication between all interested parties and appropriate updates with time should be top priority. JMB will face many major problems - which must be communicated to all owners so that they may understand and contribute ideas for the betterment of SW. A closed FB page for all owners and managemet should be set up. Summary updates of ongoing matters, invoices and statement of a/c should be emailed to owners with email addresses, followed by hard copy for all on more important matters. Notice board should be placed at R1, R2 and R3 lobby and Management office as per requirements of Strata Mgt ACT. Quaterly overall management a/c should be provided to owners. SW public FB page is much better now. But SW web page needs to be updated much more regularly. Suggestions from owners should be considered by management with feedback. Step by step, SW management can be improved. If agree by majority, JMB committee members need to arrange with and monitor its professional management team to ensure it get its job done.

For instance management has made a decision but owners still need to be informed why the need to increase parking charges at this stage. In fact on a major issue like parking charges increment, the proper way is to inform owners first of proposed increment, look at their feed backs and suggestions if any, before making a decision with brief explaination.

We need owners to attend AGM as the first step to make SW a succesfull place for all.

This post has been edited by a123: Nov 12 2013, 10:37 AM
a123
post Nov 13 2013, 07:53 PM

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QUOTE(manapergi @ Nov 13 2013, 04:32 PM)
Can we sue JMB to jail?
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Yes, JMB members can be prosecuted and put to jail if fraud and their individual knowledge of the fraud can be proven.
a123
post Nov 13 2013, 08:14 PM

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QUOTE(MNet @ Nov 12 2013, 11:13 PM)
say is easier than done

i been there before
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Due to the wide viewpoints of many parties, JMB's task is indeed very difficult. It depends very much on teamwork, cooperation and mutual respect. However ensuring the professional management team is doing their job such as proper accounts are kept, basic maintenance are done, regulations are followed and careful communication/update to all owners over more difficult issues before making and explaining a decision are its fundamental responsibilities.

I have seen so much friction when individual members try to influence management on appointment of contractors, etc. Thus it is important that no one is in JMB for more than two consecutive years.

This post has been edited by a123: Nov 13 2013, 11:20 PM
a123
post Nov 17 2013, 10:00 AM

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QUOTE(Marine Boy @ Nov 14 2013, 07:07 AM)
I totally agreed with you. When comes to management of cash...trust no one. An external auditor needs to verify & check that all property owners maintenance fees are put in proper use.
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Yes I too agree a reputable (and not just any) external auditor must be employed to ensure proper financial management. At the moment the accounting staffs would back date invoices and insert and remove items from account statement at liberty! They do not seem to understand basic book keeping concept and things like credit and debit notes.

Appointment of major contractors is another area where transparency of the process is the key to minimising conflict of interest. No members should be on the board for more than two consecutive years. They must be made to take at least a one year break after serving for two consecutive years.






a123
post Nov 20 2013, 09:32 AM

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QUOTE(cwk3191 @ Nov 19 2013, 10:57 PM)
Hints to choose best location.
Higher floor facing forest reserve will be the best, away from the noise either LDP and Pubs.
Better greenery view.
So far R3 will be best location block (Consider a little bit better than) as it more center location in SW. Less PH. Better facing either front or back.
More mature developed and less renovation works.
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Noise from the pub no more than 8 hours a day. It sometimes does give one a feeling of living in a happening city.
Noise from LDP alone is generally stressfull and last for at least 18 hours a day. Need to use airconditioning to control noise level. Facing the forest may be boring to young people. Need to use airconditioning if one's routine is to wake up very late because it is facing morning sun. It's very much an individual's preference.
a123
post Nov 21 2013, 08:01 AM

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As we eagerly await for the coming AGM and audited accounts, I have tried to conservatively ESTIMATE the services charges (excluding sinking fund) that should be collected. I have included a breakdown so that we can understand a liitle better when we compare to actual audited numbers later.

Retail shoplots & Dining POD=RM230K/mth
Offices & SOHOs=RM166K/mth
Serviced apartments=RM189K/mth
SW Mall=RM75K/mth
Hotel block=RM15K/mth
Total services charges=RM675K/mth or about RM8.1M/year.

Rental of common area and car park collection were not included above.
Do you think we are having a balance budget?
a123
post Nov 21 2013, 12:45 PM

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Totally no clue what is the basis of voting. If basis is floor area only, then SPS with its 150ksf SW Mall would hold a block vote of about nine percent of total votes! Assuming 30 percent turn out, then SPS effective vote block is about 30 percent!

This post has been edited by a123: Nov 21 2013, 12:52 PM
a123
post Nov 24 2013, 07:44 PM

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Redtick started of as a pioneer of online shopping in 2010 in Malaysia. From what I read, so far their performance has been quite satisfactory. So it does have some experience in grocery line. SW would be their first physical in store supermarket. My guess is it will join many others like Presto, Hero, Econsave, etc in this competitive market segment. I find my self going to Hero and Econsave more often than say Giant or other larger hypermarkets because of their more complete and localized fresh food/green section at reasonable prices. If Redtick can do a good job, SW with its centralized location within Puchong's large population would be an ideal location for Redtick to be very successful. However it would have to work with SW Mall for special arrangement to minimise some key disadvantages of SW - parking charges, pushing trolleys to car park area and goods unloading bay.

This post has been edited by a123: Nov 24 2013, 07:50 PM
a123
post Nov 27 2013, 07:13 PM

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A quick comment on the numbers released. The current service charges are very much the market norm. However from the budget presented, it is saying it requires about another 15 percent increment in revenue just to balance the budget. We got to seriously ask the question why?

The audited accounts is for the year 2012.The increment in revenue between 2012 and budgeted 2014 revenue is about 67 percent. However the increment in 2014 budgeted expenses over 2012 is 332 percent higher. We probably need some explaination for this large variance!

As promised I am willing to serve on the JMB committee for one year if someone would nominate me. My main aim is to improve/promote communication between all the owners and JMB. Not sure how much I can do, but I will try and be transparent about it. My level of success would very much depend on the new JMB. Please email me at kkhpsa@yahoo.com for followup. I will announce it here once I am nominated by someone, so that others can nominate more willing people. Thanks.
a123
post Nov 29 2013, 06:33 PM

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QUOTE(rsquared @ Nov 27 2013, 09:09 PM)
bro, intro sikit la. background, profession, area of expertise, any possible conflicts of interest, how much time can commit, prior jmb experience etc. wanna get you voted in leh, not only nominated. hehe.
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Thanks bro.

I am a CEO of a group of companies in the plastic manufacturing industry - a business completely unrelated/not associated to SW in any manner. My only vested interest in SW is one of my company has invested in some retail units (currently rented out) in SW.

I believe in transparency and thus the use of debates and discussions to gain a good understanding of any important issues such as for example, SW's unusually high electricity costs (which I suspect is related to a very wasteful use of energy at its water feature). Intend to promote the exchange of ideas with willing owners via constant engagement and communication via today's e media.

May not be appropriate to disclose personal details here. If nominated, I will disclose my personal details during AGM. I post using a123 here and as YTTeh at SW facebook.

Not important whether I get to serve at JMB. The important matter is for all owners to have a JMB that promotes open discussions and feedback - BOTH WAYS, and williing to put in effort and time to ensure SW is properly manage.

From the information presented in their letter, looks like there is an intention to increase service charges for next year. Hope they can provide a good explaination why electricity costs alone is more than fifty percent of service charges. TNB is increasing tariff by between 10 to 20 percent next year. With the extremely high electrical energy consumption, would that mean a further increase in services charges again when TNB rates are increased? They need to look into reducing electricity usage. The extract of 2012 accounts provided very little breakdown of various costs.

Poor management will cause service charges to go up and capital value to go down. It is thus in the interest of the owners themselve to elect a truly independent JMB that can do a good job - including communication of pertinent information to owners. Please ensure your interests are well looked after by attending coming AGM on Sat, 7 Dec, 2013 at level 5 Cinema, Block K, SW.

Thank you.
a123
post Nov 30 2013, 06:56 AM

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QUOTE(ibbrio @ Nov 30 2013, 01:46 AM)
noise at sw facing ldp is terrible. extremely terrible
i wonder how those residents survive
it starts every day from 8pm intermittently until 10-11pm where it starts to get really loud
club music is getting louder and louder with DJs shouting and shouting
suspect from beer factory or sector 7 and sometimes from muzeum
i understand JMB has reported to MPSJ but so far no solution
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Retail lots officially a commercial zone while apartments in residential zone. Heard an impending legal tussle has already been initiated. Hope JMB would not drain too much of its financial resources fighting court battles. Eventually both residential and commercial owners got to be realistic.


a123
post Nov 30 2013, 07:09 AM

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QUOTE(ibbrio @ Nov 30 2013, 01:56 AM)
about the AGM, how to be nominated and elected?
why deadline is so short on 30Nov?
JMB should publish all candidates for some time before AGM so that owners have time to vote
picture, background of candidate, etc same like how people campaign for general election?
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You may wish to post this up as part of AGM agenda for discussion. The dead line for posting is today, 30 Nov 2013 at 5 pm. Althought today is a Saturday, I understand some one will be at main management office to collect the responses for the AGM. Current policy of JMB seems to ignore or perhaps not aware of any questions posted here.
a123
post Nov 30 2013, 08:00 AM

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Wish to inform everyone reading this blog that someone has offered to nominate me for consideration to be part of JMB.

Please, please attend AGM so that a team that believes in transparency can be elected to oversee the proper management of SW.

Thanks.
a123
post Dec 1 2013, 08:36 PM

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There is a very active closed FB group "for owners & residents of Vio, Brio, Solace & Trigon to share and connect" Those from retail, office and SOHO are also welcomed and encouraged to join. However you must be an owner or resident to join it. Below is the link to this FB page.

https://www.facebook.com/groups/SetiawalkServicedApartment

Thanks.

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