Nov 3 2017, 11:22 AM
QUOTE(aurora97 @ Nov 2 2017, 11:18 AM)
There is a long history behind how maintenance fee are charged before Strata Mgmt Act 2013 came into play.
I will first address how current maintenance fee is charged, the formula is as per the Sma2013 and Spa.
Previoualy, maintenance is calculated by square feet, share unit is essentially square meter.
Area Parcel is: 1,837 sf or 170.7 sm
Accessory (Private lift) is : 156 sf or 14.5 sm
Accessory (Car Park is: 115.2 sf or 10.7 sm
The following is the calculation:-
[Area Parcel + (Accessory Private Lift + Car Park/ 2)] x 3.5262 = RM X
*Note: 3.5262 is based on total expenditure incurred divided by total area of the development.
183.3 x 3.5262 = RM 646.35
Referring to previous legislation or the infamous Act 663, before the title was issued, the car park was under master title. If it was not carve out, it was therefore considered part of the common area.
Once strata title is issued, the car park is reflected as part of your title. Thetefore, no longer common area. Hence, a fee is chargeable.
The current SMA, does away with this. On top of that, we might see lesser n lesser Jmbs becoz strata title is expected to be issued soon after VP.
I get little bit confused...Share Units already include car park, right ? So generally those own more car park lots will have bigger Share Units and therefore pay higher maintenance fee. Please enlighten me below :I will first address how current maintenance fee is charged, the formula is as per the Sma2013 and Spa.
Previoualy, maintenance is calculated by square feet, share unit is essentially square meter.
Area Parcel is: 1,837 sf or 170.7 sm
Accessory (Private lift) is : 156 sf or 14.5 sm
Accessory (Car Park is: 115.2 sf or 10.7 sm
The following is the calculation:-
[Area Parcel + (Accessory Private Lift + Car Park/ 2)] x 3.5262 = RM X
*Note: 3.5262 is based on total expenditure incurred divided by total area of the development.
183.3 x 3.5262 = RM 646.35
Referring to previous legislation or the infamous Act 663, before the title was issued, the car park was under master title. If it was not carve out, it was therefore considered part of the common area.
Once strata title is issued, the car park is reflected as part of your title. Thetefore, no longer common area. Hence, a fee is chargeable.
The current SMA, does away with this. On top of that, we might see lesser n lesser Jmbs becoz strata title is expected to be issued soon after VP.
Total maintenance fee for the entire condo before issuance of strata titles (Share Units) : RM40,000
Total owners' sq ft : 100,000 sq ft
Maintenance fee per sq ft : RM0.40 per sq ft
After issuance of strata titles and allocation of Share Units to all owners, the total maintenance fee to be collected for the entire condo is still RM40,000. Am I correct?
If the total current maintenance fee (calculated by Share Units) for the entire condo does not change, owners with more car park lots will need pay more maintenance fee but owners with one car park lot will pay less, as compared to previous maintenance fee (calculated by sq ft) ?
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