Anyone want to sell their shoplot? must face LDP
Setiawalk Puchong V3
Setiawalk Puchong V3
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Aug 22 2013, 03:14 AM
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#1
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Anyone want to sell their shoplot? must face LDP
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Aug 22 2013, 10:16 AM
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#2
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Aug 22 2013, 10:17 AM
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#3
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Sep 25 2013, 08:42 AM
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#4
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Oct 1 2013, 08:23 PM
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#5
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Still hv many units vacant, landlord shd cut 50% rental by now
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Oct 1 2013, 09:33 PM
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#6
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QUOTE(linkor @ Oct 1 2013, 08:50 PM) It is not a matter of holding power, I know many can even buy cash or hold 10 yrs, shoplot and retail are quite similar, imagine if 50% of SW owners who demand for 8%-10% ROI keep the unit vacant, it will indirectly affect others, all in one boat, rise and sink togetherLooking at SW operators whom are struggling to maintain the business, I am quite sure EcoWorkd EkoSky which is a mirror to SW concept will fail. The number of shoplots is only 35 units and without Mall. This post has been edited by UFO-ET: Oct 1 2013, 10:43 PM |
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Oct 3 2013, 11:13 PM
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#7
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QUOTE(KChooz @ Oct 1 2013, 10:57 PM) Boss, what can we conclude from here? That the problem for SW & other similar concept developments is too few shoplots? Any other contributing factors? I believe those who participated in the guarantee return scheme by SPS are promised with high ROI, if not mistaken 10%, this is ridiculous to me! Secondly, SPS failed to offer a package for their tenants in the entertainment mall was a lapse of concentration, over confidence! This post has been edited by UFO-ET: Oct 3 2013, 11:14 PM |
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Oct 8 2013, 11:18 AM
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#8
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Latest deal R3-1396 sf, corner RM537.24/sf
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Nov 7 2013, 04:14 PM
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#9
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Heating up..
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Nov 8 2013, 06:26 AM
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#10
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Nov 8 2013, 05:36 PM
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#11
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Nov 9 2013, 01:31 PM
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#12
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Nov 13 2013, 09:26 AM
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#13
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If my memory serves me right, a lawyer did told me that >50% of the condo management are "controlled" by gangsters, fund collected has been misused by management office.
Some even place their people in the JMB board, phantom votes in AGM to elect their own people to sit in the JMB. There is a condo in Bkt Jalil in which the account is under investigation now, more than 700K (services charges and sinking fund) has gone missing. Residents must attend AGM, this is a responsibility to all owners. This post has been edited by UFO-ET: Nov 13 2013, 09:27 AM |
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Nov 13 2013, 08:00 PM
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#14
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Nov 14 2013, 01:22 AM
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#15
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QUOTE(rsquared @ Nov 14 2013, 12:42 AM) it is also important for ALL JMB members to declare upfront if they have any potential conflict of interests. e.g. they have an existing or potential business relationship with SPS, existing or potential vendor to SW, employee of SPS etc Property agent shd stay away |
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Nov 18 2013, 04:46 PM
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#16
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Nov 21 2013, 12:50 PM
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QUOTE(a123 @ Nov 21 2013, 08:01 AM) 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. Imagine so many condos in the marketRetail 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? Tat's why some unrelated parties are eyeing this piece of big cake |
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Nov 23 2013, 07:02 PM
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Nov 27 2013, 10:18 AM
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QUOTE(ProPStaR @ Nov 27 2013, 09:50 AM) You are genious. The JMB SW letter gave a budget of how much SW will receive. It is a whopping 11 million/year Now you understand why certain "parties" are putting theirs' hand in the MC la This is a big big piece of meat. It requires a very strong management team to handle this extravagant amount. You can be assured that if mismanaged, millions will be lost This post has been edited by UFO-ET: Nov 27 2013, 10:22 AM |
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Dec 5 2013, 07:09 PM
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#20
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QUOTE(a123 @ Dec 5 2013, 07:04 PM) The list of nominated candidates, to my knowledge has not been released yet. For a relatively new place like SW which is only holding its 2nd AGM, I would expect each nominated candidate be given an opportunity to briefly introduce himself. Unless there is a special request to do so by ballots, voting is normally by show of hands. Reports are presented, in particular the last audited accounts to be adopted. You are also usually allowed to bring up issues for consideration towards the end of the meeting. You can follow the process of an award winning condo AGM at the following link. Note this is a AGM of an award winning team. Unfortunately most JMB/management teams are not as transparent/professional! I really hope that committee member is salary paid, otherwise this voluntary task has no people willing to take uphttps://docs.google.com/file/d/0B7lj6Ac10Lh...drive_web&pli=1 |
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