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 BE CAREFUL: Landed Properties With Stata Title, You can face high maintenance fee later!

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babana
post Apr 5 2014, 11:49 AM

too old; do not want
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Senior Member
986 posts

Joined: Jul 2006
From: Naboo
QUOTE(UnderTheSun @ Apr 5 2014, 10:49 AM)
Developers are divided into two: incompetent and competent. Among the competent developers, there are sincere ones and cunning ones.

Horizon Hills in Nusajaya is developed by a sincere developer. They only charge between RM100 to RM150 for security and maintenance. Clubhouse is optional with an additional fee of RM100. Golf membership is also optional. Yet the landscape beautiful, neat and well-maintained. The property value is superb.

We need to pay adequate maintenance and security fee, not too low and not too high. Paying too high for maintenance and security fee reflects inefficient spending of community money.

Strata Title Act (Act 757) requires the participation of developer even after the property has been delivered. The owners are not at liberty to choose maintenance contractors which offer best value for money. This is a flaw of the Act. The Act was drafted by mainly consulting the developers, not owners of properties.
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i think i can see where this thread is heading to... whistling.gif
babana
post Apr 5 2014, 12:01 PM

too old; do not want
*****
Senior Member
986 posts

Joined: Jul 2006
From: Naboo
QUOTE(UnderTheSun @ Apr 5 2014, 11:53 AM)
Despite being gated and guarded, Horizon Hills offers individual title. They also have anti-climb fences and security cameras. The value is much higher than EcoBotanic.

Buying landed strata title does not mean you will have a higher value than landed individual title. Paying higher maintenance fee does not mean you will have a greater value than paying moderate maintenance fee.
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ummm...boss, the reason why landed strata came about was to make the living environment more organised and systematic in the neighbourhood. i definitely wouldnt wanna live next to a neighbour which decides to paint his house green and install huge cast iron grilles or do something atrocious in which i cant do anything about.

in terms of value...well, i dont see props in dpc being sold at a lower price compared to say spk or bu, do u? wink.gif

 

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