QUOTE(gu~wak_zhai @ Dec 3 2015, 01:09 PM)
I'll summarize some of the current VP issues we're facing now, and explanations from Mahsing:
1. TNB & SYABAS bulk meter deposit (for common area)
The bulk meters are installed to serve the whole development. Every purchases is a joint owner of the development and therefore, responsible for the payment of bulk meters deposits. Currently, these bulk meter accounts are registered under the developer’s name and developer had advanced the payment of the deposits on behalf of every purchaser. Eventually, upon formation of Joint Management Body (JMB), the bulk meter accounts have to be transferred to JMB’s name and every purchaser has to pay for the bulk meter deposits. In order to expedite the process of changing name, developer collect the bulk meter deposits in advance. Deposit collected will be kept in the maintenance accounts until such date it is required for the transfer of name later.
2. Interest charge.
This depends on whether your bank disburses on time. Can request for waiver, but since it's the banks fault, you may need to negotiate with your bank.
3. Service charge.
The total floor area is comprising of your main parcel, your accessory parcel (car park + a/c ledge). Thus the actual floor area is bigger than the one stated in S&P. The floor area is measured by our licensed land surveyor which will be converted to share units as per the Strata Management Act 2013 (Act 757). Thus the measurement of your floor area and the charges per sq ft will be converted to share units. This collection actually is an advance for next year usage due to the free maintenance by the developer.
What do you guys think, acceptable or not? Any experience property owners here? Please shed some light on these issues.
Hi gu~wak_zhai,
The developer can include the accessory parcel into the service charge? I thought we would only be charged for the sq footage of the unit, excluding the car park. I find it unfair that we should be billed for that as well as the a/c ledge.
And this is the first time I've heard of the developer asking us owners to foot the bill for the bulk meter deposit now. I'd like to be added to the GP owners whatsapp group, will PM you now.
So basically Mah Sing is asking us to pay the deposit now or they won't give us the key? Or can we forward the payment for the bulk meter later? Thanks.