Mar 31 2017, 10:30 AM
QUOTE(TyreAdviser @ Mar 31 2017, 09:53 AM)
Hi all, my service apartment going to have an EGM soon to increase service charge. They had propose their budget on various expenses category. So I want to get others condo/service apartment's monthly maintenance cost for comparison, see whether they charge me abnormal fee or not.
Let me start with my service apartment first.
Name of condo/service residence: You Residences
Residential/Commercial title: Commercial
Total Blocks: 2
Total Floor: 27 & 30
Total Units: 375
Service Charge psf/psm/share unit: RM 2.50
Total Service Charge Collect: RM 104650
Total Expenses: RM 129000
1) whats the average fees paid per unit ? Let me start with my service apartment first.
Name of condo/service residence: You Residences
Residential/Commercial title: Commercial
Total Blocks: 2
Total Floor: 27 & 30
Total Units: 375
Service Charge psf/psm/share unit: RM 2.50
Total Service Charge Collect: RM 104650
Total Expenses: RM 129000
2) whats the percentage of collection rate ? 104 k is based on 100% collection rate? most condos wont get 100% ollection rate ...
3) whats the major opex ? security?cleaning services? maintenance of facilities?
4) what sort of facilities available
5) how old is the condo ?
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