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Investment THE GRAND SS15 SUBANG JAYA, The Asia Cafe Redevelopment

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candidman78
post Oct 11 2018, 11:20 PM

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Just passing by, seems one college land had been cease operation.

Is not really dead, still jam at 9PM, no parking as usual

SOHO 498 units... Be careful on real maintenance costs

Don't believe and don't based on what developer tell on maintenance fee. It will be changed once JMB form. Not because of JMB.. is developer "absorb" during 1st year.

When JMB take over, all costs absorb before will comes. Furthermore warranty of equipment like lift, water pump will expire.

498 unit is not very low dense hope those who bought had good luck.

BTW now is using share unit no longer sqft on maintenance calculation.

This building is fighting market with Rajawali and My place in doubt in market.


candidman78
post Oct 21 2018, 06:37 PM

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Joined: Dec 2010


QUOTE(max_cavalera @ Oct 21 2018, 11:42 AM)
Im in building mgmt and maintenance industry. Yes u r right. Reason being why the maint cost usually will increase 2 years after VP is:

- During 2 years under DLP developer will absorb cost of:

1. Lift maintenance
2. Landscaping
3. Common area defect repairs
4. Fire alarm system defect repair
5. Expensive stuff in MSB/Low Voltage room covered by warranty like power factor controller, relays and capacitor bank

However based onmy experience if the strata development have density more than 350 units the cost increment wont be much since with higher units, the economic of scale will come into play and increase in cost will be divided by more units.
*
Actually, I am going to end my term as JMC. My area 400 unit with average 480sqft per unit. 4 lifts ... Currently collect 0.50 psqft. Is expensive.

Management Company and TNB is biggest Chunk of expenses. The JMC team found out TNB double charge since day one. Management Company not even know there are such thing.

We cut more than RM 60 K to RM20K on TNB. But these effort is not appreciated. In fact, I know can further cut about 7K per month just I don't have time anymore since we had been labelled as Idiot, Money eating.

For those who don't know what is in background work of strata building . just don't buy.




candidman78
post Oct 21 2018, 06:41 PM

Getting Started
**
Junior Member
141 posts

Joined: Dec 2010


QUOTE(max_cavalera @ Oct 21 2018, 11:42 AM)
Im in building mgmt and maintenance industry. Yes u r right. Reason being why the maint cost usually will increase 2 years after VP is:

- During 2 years under DLP developer will absorb cost of:

1. Lift maintenance
2. Landscaping
3. Common area defect repairs
4. Fire alarm system defect repair
5. Expensive stuff in MSB/Low Voltage room covered by warranty like power factor controller, relays and capacitor bank

However based onmy experience if the strata development have density more than 350 units the cost increment wont be much since with higher units, the economic of scale will come into play and increase in cost will be divided by more units.
*
Actually, I am going to end my term as JMC. My area 400 unit with average 480sqft per unit. 4 lifts ... Currently collect 0.50 psqft. Is expensive.

Management Company and TNB is biggest Chunk of expenses. The JMC team found out TNB double charge since day one. Management Company not even know there are such thing.

We cut more than RM 50 K to RM20K on TNB. But these effort is not appreciated. In fact, I know can further cut about 7K per month just I don't have time anymore since we had been labelled as Idiot, Money eating.

For those who don't know what is in background work of strata building . just don't buy.





 

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