yes.

since the gst is 0 rated, does that mean maintenance will be slightly lower too?

should be if it was added (not absorbed)....ur q is mainly for your property management co

If I am correct, GST is charged only for commercial title properties. For residential title GST is not applicable.

Well, rightfully without GST your maintenance fee should be lower unless if your property is under residential title, which in this case no GST was charged in the first place, so no change to amount of maintenance fee.

Hi, currently my condo is going to charge the maintenance fees in share unit basis.

1. Do we need to hold an AGM/EGM to get approval from the owners for this conversion?
2. How to convert from sqft basis to Share Unit basis?
3. I went to COB but they told me to follow the formula in Strata Act. May I know which should I follow?

I hope sifus here can help me with my question.

Thank you.

1) I do not think they need to, as share unit calculation is mentioned in the new strata title act already. JMB/MC has the right to use the share unit calculation.

2) Total sq feet available (including accessories parcel like car park, locker etc) / total sqft of the entire building. Share unit basically identical to sqft calculation except adding in accessories parcel, the newer title does stated how much the share unit is, beside the sqft info. So those with extra car park may pay a little more as compared those without.

What is the reasonable maintenance fee per square feet?
My units got 2 parking which added into the equation.

They already raised the maintenance fee because of the parking.
Now coming the next AGM, i suspect they want to increase the maintenance fee again.

My management always no money one:
Car wash hose all leaking everywhere -no money to buy new.
Car park blocking steel guard - got money to install. The car parks almost nobody use which didnt make sense to block it.

Before AGM, never see them do work. Near AGM repair this and that.
Suppose to repair, they dont do. Not suppose to have-they done it.
I guess raising maintenance fee is coming.

Question:
So how many cent per square feet is considered OK for a average condo?
Whta is the fee for a luxury condo and flat as benchmark.
Good reference point to shoot at them if i noticed songlap project by them.

how many units total in ur condo ?

Roughly about 800 units for 3 blocks i guess.

RM0.25 - RM0.30 shall be reasonable

If this is strata development and your JMB/MC still charged your maintenance fee based on sqft, then they are guilty and may faced jail.
They should start charging u based on cost/share unit.

If strata title or proposed share unit by the licensed surveyor is not available, it is JMB/MC duties to identify the share unit based on 1st schedule formula in SMA Act to determine the estimated share unit.

Hi, that why i always any developer offering the so called "FREE Maintenance" for xx months or yr etc..!?

Cause with this trick, they can "avoid" & save tonnes of "Maintenance" money once a project is VP !

Cause , under the new "strata title act malaysia" ; any onsold units from the developer are also subject to pay monthly maintenance fee !?

The same as for unit purchased by invester but yet to rent out or occupy etc....?!

After VP, all units must pay maintenance fees based on share unit, this inclusive both sold and unsold unit.
There is no such thing call "Free maintenance". It only can be developer absorb xxx months of maintenance fees or pay on behalf.

For example, VP on Jan 19, by right when collect key need to pay 4 months maintenance fee for Jan 19, Feb 19, Mar 19 and April 19.

However, developer can mentioned that the collected 4 months maintenance fee is for month of June, July, Aug, Sept 19.
this mean, developer absorb the cost for month Jan, Feb, March, Apr, May <--- " Free 5 months maintenance"

Hi, you are right !
provided one get to see the actual accounting as audited & presented to JMC !

May I know whether car park bay included in build up area of condominium unit?

No.

Same like your air cond ledges.

They are treated differently from your parcel. Otherwise known as "accesaory parcel". The rates charged are different.

In a proper Schedule H SPA, under Appendix or whatever name called, there will be a page with the detail tabulation of ur unit.
For example, Unit No, Area of Unit No, Accessories Parcel, how many accessories parcel, date of agreement, name of purchaser, purchaser price and adjustment price.

So ur built-up area shall always refer to the Unit Area, exclusive of accessories parcel such as car park bay, air con ledge, refuse chamber.

Also, if possible check the built-up area whether is in M2 or in sqft. When the strata title is issued, the area in the title will be in M2 without any decimal point. The different in area shall calculate in M2 instead of sqft.

TQ

The maintainace fees for condo and service apartment is keep on increasing nowadays. I m not sure it is due to inefficient of management by the team or it is due to other reason.

Other than that , I m curious on the average maintainace fees for condo and service apartment in KL, Selangor.

Hope that forumer here can share with us the average maintenance fees in their condo (include sinking fund),

It will be great if u guys share with us the project name, density, facilities and the proposed budget expenditure list in recent year.