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

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max_cavalera
post Apr 5 2014, 11:10 PM

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Joined: Jun 2006
From: Cyberjaya, Shah Alam, Ipoh



as much as i would like to believe into your conspiracy theory....im facing similar situation myself but your point is invalid.

Certainly for a home owner doesnt matter if you are the staff of the company....theres flawed logic that any unit owner would like to simply pay more for their maintenance fee....im among committee member of my condo unit as well...and your argument defy logic....

This is there real issue:-

1st. The maintenance fee is expensive if your unit is a low density unit. By logic everyone would like to live in a low density unit, but low density have a cost, or premium to it. You will be incurring higher maintenance fee to cover the overall maintenance.

2. The more facility your strata title unit have, such as swimming pool, gym, etc....the more expensive the maintenance fee going to be. As such, im beginning to appreciate the no frills apartment ....that would prolly not look nice on the selling brochure....but the maintenance fee it would incur would save the home owner cash in the long run.

3. Lack of economic of scale... try to engaged with a residential management company of neighbouring condo....instead of hiring your own security, contractor, try to leverage with the same company that provide their service to neighboring resident....they might be able to give you better discount. the pooling/sharing of human resource can save your maintenance cost.

4. Increasing the maintenance fee among joint management body is the last resort thing they ever want to do...why? because that will lower down the value of their unit for a subsale market....how would you feel if you are one of the committee and blatantly increase the maintnenace fee? u would have a very hard time selling ur unit back to new owner. maintenance fee of a strata unit is a among key criteria a new buyer look into when buying a 2nd hand house.

 

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