I believe some kind of identification is required before boarding. But yes normally this kind of van is hogged by Airbnb 😅

VP last July, after just 8 months already steep increase in maintenance fees.

Per Share Unit, as "sq ft" is not the formal measure of calculation of maintenance fees for strata living under SMA 2013, need to follow Schedule of Parcels.

https://www.iproperty.com.my/guides/schedul...s-malaysia-3762

Energy efficiency implementation is still rather limited for most high rise unless somehow can implement solar panels. A lot of the fancy little facilities and the high density favoured by commercial titled high rise cannot be included if want to be truly energy efficient.

Most Malaysian high rise on commercial title land moving forward will be facing the steep increase in cost for electricity costs.

Sinking Fund works the same, 10% of the maintenance fees.

Instead of using purely square feet, SiFU (share unit formula) calculates from square meters of the unit+accessory parcels, and there is a different level of weight assigned per square meter depending on the total size of unit, type of property, type of unit, type of accessory parcel, and location of accessory parcel.

Image below is a sample of how it's calculated:



The SiFU came about because the argument is that owners of big size units and/or units with more accessory parcels are disproportionately both paying much higher amount of maintenance fees overall and also have more "weight" behind their votes in AGM, while smaller units pay significantly less even though maybe a development has many more of the smaller units so theoretically the small units will "use" more facilities.

This post has been edited by DragonReine: Mar 8 2024, 06:05 PM

The increase in ICPT and water increases multiplicatively. So while it may seem like a small number, when applied to common area usage of electricity and water, the cost will increase very dramatically.

Moreso when common area facilities like changing rooms, toilets, pools, view deck lights etc. consume a significant chunk of utilities costs that all unit owners are forced to share, because especially in investment property, tourists are unlikely to care about wasting water or electricity.

https://www.straitstimes.com/asia/se-asia/m...litary-officers



Saw social media comment this is Trion?