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Investment RESIDENSI PLATINUM OUG | VISTA OUG [RUMAWIP] [OT], PVictory aims to be major developer

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gks
post Sep 22 2022, 02:49 PM

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Btw PPAM, rumah bebas and rumahwip...all sharing one master title or separate title? The buildings seem all sit on common podium.

The biggest s***w up not yet show face if all these components sharing single master title.
gks
post Sep 23 2022, 12:12 AM

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QUOTE(AskarPerang @ Sep 22 2022, 08:20 PM)
All on the same one master title. Not just this project but other combo project the same such as Harve / Jalilmas, Parkhill / PPAM BJ, PV18 / vista langkawi, etc.
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All these projects I foreseen will have issue during JMC/MC formation...share units...maintenance fee and upkeeping and control of access especially to facilities that restricted to certain blocks.
gks
post Sep 23 2022, 02:07 PM

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QUOTE(woolei @ Sep 23 2022, 12:02 PM)
very very difficult to resolve this, have to reconsider even bidding for the lelong unit...

PPMP
- feel discriminated because they unable to access to the play ground and basketball court, where is just next to them, can see cannot use.
- PPMP kid might ask their parent "why we cannot go play ground and basket ball court? why the kid at another side starring at us like we are monster? why the scold us thief?"
- a little of PPMP kid/ppl will confirm snip in to access those play ground/ basket ball/ swim pool / gym, then get caught, and people start fighting again.
Rumahwip + Bebas :
- they feel not balance because they paying for more $ for this property
- when they saw PPMP people using their facility, they will angry for sure, because this a act of thief
- if turn out unable to stop PPMP accessing play ground and basket ball court, they decide put up a sign board "no PPMP access to this facility" den GG create more conflict
- Bebas paying for 500k++ for this property.... this price top up a little bit can get a way better environment in same area in subsales market.

feel sad for the owner
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Imo...it is a bad planning from start.

Worst yet come especially after JMC formation especially related to share units distribution.

gks
post Sep 23 2022, 04:56 PM

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QUOTE(AskarPerang @ Sep 23 2022, 02:49 PM)
Heard that strata title already issued out.
So whoever with more number of owners completed title perfection will be able to control majority in the MC.

As a record at Parkhill / PPAM BJ, PPAM managed to vote in majority JMB members during the first AGM.
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Knowledge is very important especially related to complex strata law.

All the best to purchasers of rumah bebas especially those joint JMC dominated by restricted (PPAM/Rumahwip) purchasers.

Big big lesson is do not just look at price point when purchase a property especially those with combo with PPAM/rumahwip.
gks
post Sep 24 2022, 06:29 PM

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QUOTE(Cavatzu @ Sep 24 2022, 05:17 PM)
So if they get a quorum ie majority then the PPAM can demand for access to the facilities?
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Depends on SPA/DMC

However implementation is separate issue. Example if access made free for all, how to stop all residents from using it?
gks
post Sep 26 2022, 02:36 PM

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QUOTE(Poppypop @ Sep 25 2022, 04:57 AM)
Of course developer is the one who cause the problem.
But why Block B wanna put all their anger to block A residence since we wont accept their proposal to saperate the entrance. Thats our right to use the entrance AS PER STATED IN OUR SNP. several times Block B play backdoor trick with developer yet still not success to do that.
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For clarity, can you share the screenshot of the site plan? or it is just specified in second schedule (list of common facilities)?
gks
post Apr 29 2023, 08:12 PM

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The issue is all components under single master title. Under SMA, all of them need to have standardized unit rate. On hindsight developer should subdivide the land (or they are aware but simply bet on uneducated purchasers) before selling each component. But the way all the component joint and sit on common area, I think the land cannot be split as well.

The only solution now is formation of sub-MC. Then each component can take care own common area and contribute to shared facilities such as guardhouse.
gks
post Jul 11 2023, 03:30 PM

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Another interesting chapter that may unfolded is when strata title issued with share units implementation. All components are residential, in same land title on common podium.

Will be interesting how they will work out share units and facilities usage.
gks
post Jul 11 2023, 04:41 PM

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QUOTE(AskarPerang @ Jul 11 2023, 03:57 PM)
Both blocks separated got own account.
Block A maintaining their own block.
Block B maintaining their own block.
The guardhouse and common area inside the compound, guess is still grey area need to be discussed but most probably the maintenance costs at this area will be shared equally 50-50.

It is a race now I guess between both blocks to completed the strata title MOT. Once hit 25%, an AGM will be called upon. And whoever got more title perfected will gain the upper hand during voting in MC members.
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Now they all can have own account. I do not think that is possible upon formation of MC with share units. How can each block has their own account? The only way is by formation of sub MC.
gks
post Jul 11 2023, 05:52 PM

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QUOTE(AskarPerang @ Jul 11 2023, 04:54 PM)
This is not the first combo project around. Aset Kayamas already got a few.
if you join their AGM, is conducted in a funny manner coz AGM must be conducted together.

got 2 chairperson for the AGM. got 2 sets of property management company running the AGM.
each agenda will be separated, example first rumahwip then bebas. such as audited financial report for rumahwip first. then rumahwip will discuss. follow by financial report for bebas. then bebas will discuss. then only go to the next agenda. is like joining 2 AGM.

the real tussle only happen during the agenda of electing representatives.
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Those AK under one compound or separate like Henge?


gks
post Jul 11 2023, 06:29 PM

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Some issues that I can foreseen
- if common utilities such as water and electricity, how to split the common bill? Unless developer has split the meter upfront. Otherwise will have never ending arguement of bill running pool, gym, lifts, common corridor.
- common security in guardhouse. This easier to resolve if both parties have common sense.
- how about maintenance of CCTV, intercom, access card which is sharing core system?

gks
post Jul 11 2023, 06:38 PM

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QUOTE(AskarPerang @ Jul 11 2023, 05:54 PM)
Separated compound but under one master title.
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When compound is separated I think most of the thing like utilities connection, pool, gym, rubbish collection, lift maintenance, security guards etc easier to be quantify and segregated.

Anyway let's see how residents in OUG will deal with combined compound. I do not think easy to have split share units..

This post has been edited by gks: Jul 11 2023, 06:40 PM
gks
post Mar 17 2024, 10:12 PM

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QUOTE(AskarPerang @ Mar 17 2024, 09:55 PM)
First AGM for the formation of MC of this messy development just concluded today.
As expected Block A with more number of genuine own stay owners and got the more number of eligible voters and attendees and majority as the MC members.

Hearsay the AGM started from morning until right before buka puasa.
Developer tried to propose the second guardhouse during the AGM but was voted against during the AGM. Hence I think blok B will continue to pursue the issue via the court.
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Those AK project with affordable housing not as messy at this Platinum OUG... Good luck bebas owners.

Radium's Desa Radium owners no need to fight... All in one compound. After 10years no different between bebas and mampu.

This post has been edited by gks: Mar 17 2024, 10:13 PM

 

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