Another of my new condo with higher standard of facilities,they also Kick out KJ after 1 years occupied.

I also giving advice/experience to the JMB members recommended to use this reasonable offer from Focus.

Unfortunately they given the excuse that they are high class condo so must use high class area like MontKiara or KLCC management agents.

So I immediately sold out this new condo even with 5 months occupied.

Another little advice,

JMC/MC can appoint your legal advisor, the monthly retainer just only $1.5k.

Your legal advisor duty is to attend monthly meeting/AGM//EGM or any important legal advice meeting call upon by JMC.Answer or handling any legal query regarding condo matters like sending letter of demand to those overdue unit owners.

Also handling condo subsale consent.

This all included not extra charges.

JMC only need to pay the legal fees first when the overdue case bought to courts in legal process.

If your condo have budget,can consider pratising it.

Most cheaper $0.15 in the neighborhood.

With tennis and badminton courts,swimming pool,
24 CCTV and each block with guard.

Most owners rejected the first increment proposal of 3 cents or $30/50 per unit last year AGM.

If this year increment proposal reject again. I am going to walk away and selling this condo.

Another useful advise,

Even you are paying high rate to security company not mean you can what you need most becos they are human being..

So my experience you condo if have budget must also buck up your condo CCTV and door access system...because machines are more trustful than human..also can be traceable.

My condo 24 CCTV system is given a comprehensive 3+2 years service contract when we reinstalling our CCTV.

Take example, 20 new cameras+3 set monitors,we are paying fixed $1k montly retainer.The CCTV service provider cover the cost all repairing jobs & insure new cameras.This mean new E&E equipments installed under 1 year warranty.They will immediately replaced another function equipment to our condo when send back to repair the faulty ones.

If any of our old existing not done by them found faulty in the period then we only paid the repair jobs.If we want replace new ones,we paid for the new camera and add on $50 per one into the service contract monthly for warranty.

After the new 24 CCTV system was up in 2012.With cooperation from security company.

Our condo break in case managed to archive 90% rate of catching the insider jobs.

If break in cases are done by same of group of ppl,we
can easy trace their jobs if they repeat again.

Sad to said,90% of break in cases are chinese,all tenants living in the neighborhood.They formed a criminal gangs and go to rent out several condo to do the jobs.

They are keeping the stolen things in same block of break in unit after 2~3 days they swift out to different condo where they rented.

This was all told by the police when they successful catch the suspecteds.

The break in cases suspecteds all dressed like renovation workers wearing cap.

They make cases usually in daytime 9~11am or 2~4pm in weekday.

The break in units 90% didn't lock their wooden door lockset.The owners just simply locked and chained their grille only.

All the cases owners are staying in quiet floor which mean this level floor neighbors don't get in touch with others.

Budget is main problems.

1.Good management agent come first because they have ample resources of back up team or sharing infos among their sites.

2.A good Building Manager, he/she has the abilities of supervising your condo.

One of problems you will be facing if selected developer management agent.

They will fully utilized your maintenance fund..

Cost saving is your problems not theirs.

Like said..monthly collection(excluded sinking fund) 100k..they will try their best to used up with many good excuse.

Ya..agree..

So appointed a legal advisor to sit on board monthly meetings.

All major repair jobs above certain amount must have at least 3 quotations..

If the JMC are following the SOP or guidelines ..you are protected by The COB or Strata Titles Acts.




This post has been edited by cpng75: Jan 11 2014, 03:29 PM

.

What you worried was miss used of funds.

What I mean is more higher standard way..

They will given expensive quotation let you to choose...If JMC members are not aware of the comparison cost..especially those E&E and Plumbing jobs.

I have on board for the third year,we have been doing the jobs to let the owners more awareness on their neighborhood.

Try to fixed or set up procedures or SOP, to minimize the miss of funds..maximize value of our collection.

Ppl bought their properties 500k or even more million...if they don't bother it...I can't imaging.

I am selfish also, I want my properties value increased ,this was my first intention to get involved JMC.

Step by step..starting from a silly observer member,spend sometimes trying get infos for those quotation.

Recognized & analysis the problems and persuade helpful ppl joined,get support became one of the JMC office bearers.Kick out the selfish private agenda members.

Because I believed anythings made by JMC will eventually impact to your valuable properties.

I am still learning..great to have this kind of topics,we can sharing and exchange views & ideas.

Any senior or experience JMC outthere welcome to share.

Install surge protector to prevent lightning strike directly..

Almost everything related we installed the protector..

But need to keep monthly maintenance, replace the protectors after any incidents..

We have management office staffs to handle daily ,we didn't pratising the FB cos eventually we got nothing but scolding and blame..

The lobby floor got a big notice board written in 3 languages..

+1

Yup...JMC/MCs came first, Building manager the 2nd,the last one is Management agent.


JMC/MC members must not have private agenda first...

Management agents and the building managers are cari makan...correct...market pratising it all the while.
But my our condo experience »» as long as you response quickly and get the jobs done perfectly, we don't mind pay a little bit higher if our members not familiar with the areas involved.

Another infos regarding fire insurance sharing

As our property value increasing significantly during the decade especially in klang valley.But most of our
condos fire insurance covers remained the same from the starting when we are occupied it

So what I mean the fire insurance policy you have were underinsured.

Take my condo for example,our condo have triple the values.

So we based on the valuation suggestion from the insurance brokerage house, we are increasing our insured amount 10% annually to meet the market value according.

The fire insurance are divided among the oweners,
Management office will rebilling to individuals according so not extra cost for it.

We chosen insurance brokerage house not engaged the insurance company directly, we can get more quotantion among them which the brokerage proposed.Extra benefits maybe the premium much lower and the claims rate & processes definitely fast and higher.