Dear all, Has anyone here has a maintainence fee hike after vp?
Can anyone share the maintainence fee breakdown.
Maintainence Fee Hike
Maintainence Fee Hike
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Aug 26 2015, 11:59 AM, updated 11y ago
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#1
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Senior Member
546 posts Joined: Feb 2011 |
Dear all, Has anyone here has a maintainence fee hike after vp?
Can anyone share the maintainence fee breakdown. |
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Aug 26 2015, 12:16 PM
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#2
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546 posts Joined: Feb 2011 |
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Aug 26 2015, 12:31 PM
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#3
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QUOTE(butthead76 @ Aug 26 2015, 01:19 PM) Now based on shared units instead of sqft. Also, accessory parcel now need to pay fees. All these based on new Strata Management Act. hmm how the shared unit is derived ? THe hike is near 100%I would expect a shift in rental rate across the board to cover this increase in fees. Also, GST play a minor role too. GST from contractors services. |
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Aug 26 2015, 03:16 PM
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#4
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546 posts Joined: Feb 2011 |
QUOTE(butthead76 @ Aug 26 2015, 02:16 PM) I agree.... even so lets say maintainence fees has increased, but the building maintainence cost will still be similar right? Unless actual costing has doubled. I do not see a rationale for doubling the maintainence charge.How they calculated is:- 1) Developer hire licensed land surveyor to calculate each owners shared unit based on a formula in the Act. Consider lift, aircond lobbies, accessory parcel, etc. This would be your shared unit and shown in title. 2) Maintenance company take building maintenance budget divide by total shared units. So it will be RM per shared unit. 3) Your fees will be Shared Units x RM. Many strata developments experience this now. Soon the entire industry will see a hike in rental rate. |
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Aug 26 2015, 03:22 PM
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#5
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QUOTE(butthead76 @ Aug 26 2015, 04:18 PM) GST 6%, contractors increase prices Actually i see the breakdown the fees did not increased that much, is just that based on formula they r using now, we have to pay higher. Like I mentioned, your parking or any accessory parcel now need to pay fees....last time only count your property sqft.... Everything naik, that one u should go ask PM this weekend dress in yellow why naik?....hahahah Otherwise we have to wait 1 year for the jmb to take over the accounts and impose a lower fee. |
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