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 Property in Sg. Long V2

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almeizer
post Dec 11 2014, 05:52 PM

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QUOTE(Palmwalker001 @ Dec 11 2014, 04:25 PM)
To recap, below are the reply from Silk Holdings Berhad on access road from Bukit Sungai Long to Silk Highway at
3 Nov 2014 on my enquiry in Oct 2014.

In the early days we have already approved for the developer to build/construct the access with the condition they agree and provide an amount for the maintenance charges imposed by us. This amount is to be paid to SILK for maintenance of the access which is inside our Right of Way until the end of concession period. The maintenance charges inclusive repair of any damages at the access, cleaning, improvement etc. The developer disagreed with the amount imposed and has reviewed back the design to reduce the maintenance charges.

To-date we have received the latest "reviewed detail drawing" and we are in the process to calculate on the amount to be imposed for maintenance charges inclusive GST. Once finalised, we will request their agreement and may proceed on-site development. We are expecting that all technical matters inclusive the maintenance charges and finally on-site physical construction will be settled by the end of year 2015.
..based on reports SILK demand RM1.5 million maintenance fee.

Hope the access road really ready in 2015.
*
Wow 1.5m for the maintenance fee. How long is the concession period?

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