QUOTE(UnderTheSun @ Apr 5 2014, 09:50 AM)
As I said earlier, some of them maybe flippers. Flippers will not worry about the maintenance problem.
But some insiders want to dominate Management Committee. With this domination, they can choose the contractors to maintain the landscape, etc. They will choose the same developer or its related company. The developer will expand its business from developing property to maintaining property. As business expands, income increase.
As a result, the staffs and the management will be able to enjoy salary increment and bonuses. Since they are major chunk of the community, all they have to do is collude during Joint Management / Management Corporation meeting. Some of them will forward proposals and the rest will support. They will also elect their people as committee members. This is the disadvantage when major chunk of units are purchased by insiders (consist of staffs and the management of development company).
If you go to MAPEX which is being held at Midvalley Megamall today or tomorrow, you can ask EcoWorld about the maintenance fee. They will say they plan to charge about RM400 monthly for landed strata and condo.
Bro, everything come with a fee. If u think the facilities and security are not a must, why buy strata title prop at the first place? Dont forget about strata title act too.But some insiders want to dominate Management Committee. With this domination, they can choose the contractors to maintain the landscape, etc. They will choose the same developer or its related company. The developer will expand its business from developing property to maintaining property. As business expands, income increase.
As a result, the staffs and the management will be able to enjoy salary increment and bonuses. Since they are major chunk of the community, all they have to do is collude during Joint Management / Management Corporation meeting. Some of them will forward proposals and the rest will support. They will also elect their people as committee members. This is the disadvantage when major chunk of units are purchased by insiders (consist of staffs and the management of development company).
If you go to MAPEX which is being held at Midvalley Megamall today or tomorrow, you can ask EcoWorld about the maintenance fee. They will say they plan to charge about RM400 monthly for landed strata and condo.
Apr 5 2014, 10:00 AM

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