1) I think they mentioned you can get up to 5 cards instead of given 5 cards, usually only provide 2 cards, additional will be charge
2) commercial property are usually high in term of cukai tanah (when the time you buy, i suppose you already knew its commercial land
3) deposit for electricity usually goes to TNB, water is either developer or syabas (amount wise is up to them to decide)
4) this one you can't do anything

**if your property covered under HDA then you may convert your electricity to residential rate

This is my first time to buy a condo, thus below is part of the hidden things which i dont know previously ..

i) previously mentioned that each unit will get 5 access cards.. but during handover only get to know that only 2 access card is foc, if want the 3rd card will be rm300, 4th card will be rm400 & 5th card will be rm500....

ii) cukai tanah cost me around rm1550 per year due to currently the condo is under commercial property.. water & electricity bill will be calculate based on the commercial rate as well.......  

iii) deposit for water & electricity around rm3500..........

iv) house installment slightly increase due to Bank negara had increase dont know what what what rate....

I'm totally inexperienced on this so did not ask very clear when talk with the developer / bank or maybe some of the part was purposely be hidden by developer site.. Anyway, nothing can be do now as the handover procedure almost done.. Just dont know whether new things / new cost will be keep coming out in the future lol... fyi, my condo is Atlantis residences melaka..

Anyone want to share anything wif this newbie? haha

the lawyer only inform us regards of the commercial land right after we sign the contract or during we sign the contract.......
i will need to check with TNB regarding of tat.....

The duplicate card, if let say the management block my access card, is the duplicate from outside will block as well? Or still able to use?

sewage treatment? new condo now still using own treatment plant meh?
should be integrated into water bill d no?

will tried to ask outside.. thx haha...

eventhough the property is commercial, but i can still convert?

never forget the ultimate hidden cost: monthly maintenance and sinking funds...

what is sinking funds?separate with the maintenance fee? and also monthly basic?

Normally management collected monthly maintenance fee the consist of 2 portion, one to maintenance fund, one to sinking fund.

Sinking fund is a pool of money that collected for the purpose for any major spending/repairing of the building, eg. repainting the whole building, replacing lift car etc.
Maintenance fund is used to pay routine expenses like cleaning service, electrical bill etc.

But if the management run short of fund to function, JMB/MC can convene a EGM to ask for additional sinking fund or raise monthly maintenance fee.

check your SPA.

if it stated "SCHEDULE H , HOUSING DEVELOPMENT.....etc" on the first page then it's a residential property sitting on a commercial land, which means your cukai pintu, TNB & water can apply to change to residential rate.

Sorry to bump this thread. I am first time house buyer and currently i am reading all the thread in Property Q&A.

My first house is build on Commercial land but the agent say can change to residential rate.

Now waiting developer lawyer to call and sign the SPA . When i'm signing the agreement, i have to look for Schedule H , Housing development right? If do not have Schedule H, Housing development mean the rate cannot change to residential rate?

Thank You

if it's under construction then likely it's schedule H

if it's completed then you won't see schedule H agreement. however you still can apply to change to residential rate.