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 Anybody regret buying service apartment?

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TShazremi
post Dec 3 2019, 11:11 AM

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QUOTE(AskarPerang @ Dec 3 2019, 12:26 AM)
The best service apartment. Located in Dengkil. New township by Mah Sing.


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service apartment at outskirt location..dont think can get capital appreciation
MohdPuskas
post Dec 3 2019, 11:16 AM

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How much the monthly maintenance fee roughly? For service apartments
mamata
post Dec 3 2019, 11:16 AM

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QUOTE(hazremi @ Dec 3 2019, 11:10 AM)
mahal la..bukan ada swimming pool..bayar security saja..parking 1 saja kan?
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yep
tmc
post Dec 3 2019, 11:17 AM

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: wrong post:

This post has been edited by tmc: Dec 3 2019, 11:18 AM
carloz28
post Dec 3 2019, 11:19 AM

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It’s not only the tariffs are higher

But the thought of having non residential ppl hanging around ur living quarters doesn’t really appeal to me

Bluntly put it, ur living quarters is not a public pasar
kyxxx
post Dec 3 2019, 11:20 AM

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QUOTE(jmas @ Dec 2 2019, 07:14 PM)
commercial title vs residential title, thats all

by right, in europe, “Serviced apartments” are commercial units, fully-furnished, with services such as housekeeping, room service, and concierge. They are usually rented out for short-term or long term to tourists, business travellers, or expats.
But in malaysia just another way to say, "We built this on commercial land, you will have to pay commercial rate. btw you will share the land with a mall, and sometimes a hotel"
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is there such thing as service apartment, but at residential they charge you residential rate instead of commercial?
cause this is what i always heard from those sales people
cubiclecarbonate
post Dec 3 2019, 11:24 AM

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QUOTE(mamata @ Dec 3 2019, 11:09 AM)
beli ppa1m , maintenance 215 sebulan ,mula ke mahai?
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my wife ppa1m application been pending for months closed to a year without updated current status

setiap kali tanya, the date will be extended to a new date

nokharom
mushigen
post Dec 3 2019, 11:31 AM

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QUOTE(MeToo @ Dec 3 2019, 11:04 AM)
When I retire I want to stay in a small ~1500sqft condo that is attached to a decent mall.

Whether its commercial or residential rate shouldnt be a factor for me..
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Thing is, if you buy now the decent mall might not be decent any more when you're ready to move in. When you buy later, it will be more expensive.
Namelessone1973
post Dec 3 2019, 11:35 AM

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QUOTE(carloz28 @ Dec 3 2019, 11:19 AM)
It’s not only the tariffs are higher

But the thought of having non residential ppl hanging around ur living quarters doesn’t really appeal to me

Bluntly put it, ur living quarters is not a public pasar
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I thought non residential will not get access to the living quarters areas and the facilities. The only place which is shared is usually the mall.
MeToo
post Dec 3 2019, 11:36 AM

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QUOTE(mushigen @ Dec 3 2019, 11:31 AM)
Thing is, if you buy now the decent mall might not be decent any more when you're ready to move in. When you buy later, it will be more expensive.
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Ofcourse it will be more expensive, its called inflation.

But I dont see the problem here, my current property will also appreciate.
ClericKilla
post Dec 3 2019, 11:36 AM

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No raegrets.

The concierge signs my parcel for me everyday. I send my clothes to concierge for dry cleaning and someone will pick them up.

The concierge bitches about his work in another serviced apartment servicing Malaysian resident so I hear juicy stories from him.

Also the concierge is way smarter and has a better career chance ahead because he has a Master in Law and practiced for the past 7 years but got retrenched..
alanchong88
post Dec 3 2019, 11:42 AM

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Heard it was around 0.25-0.33 per square feet last time which is not that much of a difference compared to current residential apartments.

To put it simple, maintenance fee (excluding sinking fund and quit rent) is basically the maintenance cost (facilities, cleaning, security) shared by the number of units in the development. Then, the amount you need to paid is based on your unit's square feet X fee per square feet.

More facilities and service, less units = extra expensive
Less facilities and service, more units = cheaper

If not much facilities and expenses but still expensive, then something is wrong. Check with JMB or MC. There are cases where JMB/MC was accused of mismanagement.
kuci_mayong
post Dec 3 2019, 12:26 PM

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QUOTE(accitzone @ Dec 3 2019, 12:39 AM)
Not necessarily Service Apartment... any kind of  strata Property lah...

As they required constant common maintenance....

If all were to think of it... the common facilities,  required a huge dedicated maintenance of TLC.....

Once the root start to come and ppl start to slack on the maintenance payment... mati lahh...

Come to think of it... the current condos that comes with big ass swimming pools, with infinity pools, gyms, common facilities...

Marilah oi.... once the responsibility transferred to the JMB... and once the volunteer JMB felt penat oredi... habislahhh
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I just want to stay in a condo/apartment that doesn't have all these added facilities, rather just pay for the basics like apartment/condo upkeep. For those pool or gym, i rather go to a reputable place that actually takes care of their equipment and pool.

Thing is in Malaysia, if you buy those apartments/condo with no facilities is considered like PPR.

This post has been edited by kuci_mayong: Dec 3 2019, 12:27 PM
Nanti Sekejap
post Dec 3 2019, 12:38 PM

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I don't think it is out-rightly wrong, or ones is always default-ly programmed to be regret for buying a service apartment.

I saw too many people profited from their transactions of their service apartments, or many who happily live in a services apartment.

Properties is really a case by case matter.
hurricane21
post Dec 3 2019, 12:46 PM

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if include topless maid then can consider
accitzone
post Dec 3 2019, 01:03 PM

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QUOTE(kuci_mayong @ Dec 3 2019, 12:26 PM)
I just want to stay in a condo/apartment that doesn't have all these added facilities, rather just pay for the basics like apartment/condo upkeep. For those pool or gym, i rather go to a reputable place that actually takes care of their equipment and pool.

Thing is in Malaysia, if you buy those apartments/condo with no facilities is considered like PPR.
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Yup... only old condos / apartments doesn't have all the bells n whistles now...
Alpha.1
post Dec 3 2019, 01:13 PM

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QUOTE(silent_stalker @ Dec 2 2019, 10:43 PM)
Coz, the so called "serviced apartment" normally dev sell it with attractive offers. And not many people knows what serviced apartments actually is.
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second to this. most people font even know what service apartment is
jmas
post Dec 3 2019, 01:31 PM

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QUOTE(kyxxx @ Dec 3 2019, 11:20 AM)
is there such thing as service apartment, but at residential they charge you residential rate instead of commercial?
cause this is what i always heard from those sales people
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never heard of serviced apartment charging residential rate, only electricity rate can convert for some.
but things like quit rent (cukai pintu) will always be commercial rate


QUOTE(alanchong88 @ Dec 3 2019, 11:42 AM)
Heard it was around 0.25-0.33 per square feet last time which is not that much of a difference compared to current residential apartments.

To put it simple, maintenance fee (excluding sinking fund and quit rent) is basically the maintenance cost (facilities, cleaning, security) shared by the number of units in the development. Then, the amount you need to paid is based on your unit's square feet X fee per square feet.

More facilities and service, less units = extra expensive
Less facilities and service, more units = cheaper

If not much facilities and expenses but still expensive, then something is wrong. Check with JMB or MC. There are cases where JMB/MC was accused of mismanagement.
*
try 1.80-2.50 per sqft.
last time got quoted this viewing unit at old klang road.
kyxxx
post Dec 3 2019, 05:09 PM

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QUOTE(jmas @ Dec 3 2019, 01:31 PM)
never heard of serviced apartment charging residential rate, only electricity rate can convert for some.
but things like quit rent (cukai pintu) will always be commercial rate
try 1.80-2.50 per sqft.
last time got quoted this viewing unit at old klang road.
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do you have information on service apartment like Geo Bukit Rimau?
actually i was told previously from the sales person that we are charged residential rate for electricity and water.
maintenance fee is 0.30 per sqft

but anyhow, i moved on and went for Tropicana Aman apartments laugh.gif
maintenance fee is 0.30 per sqft

Understand for cukai pintu.
jmas
post Dec 3 2019, 06:53 PM

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QUOTE(kyxxx @ Dec 3 2019, 05:09 PM)
do you have information on service apartment like Geo Bukit Rimau?
actually i was told previously from the sales person that we are charged residential rate for electricity and water.
maintenance fee is 0.30 per sqft

but anyhow, i moved on and went for Tropicana Aman apartments  laugh.gif
maintenance fee is 0.30 per sqft

Understand for cukai pintu.
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nope, sorry
my info is mostly from previous visits to showroom, online research, and experience sharing from others.

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