good morning..........thanks a million for this update site photo and video.......the carpark/facilities block full swing now

thanks a million for this photo of site progress.........and good morning everyone..........cheers

So far everything is on schedule I think!

Block 1 havent reached lvl 31 yet?

structures soon to be topped out for all towers by sept

Can't seem to recall if there were discussions previously but since this a serviced apartment instead of condo, I assume the tariff will be under commercial rates instead of residential rates? Not much concern on other kind of tariff, except for TNB coz it's double the rates compared to residential rates

tnb can convert

Water can convert?

no. pay to jmb

Both TNB and Air Selangor already in individual owners names and they will be installing individual meters, thus payment direct to TNB and Air Selangor. JMB should not be involved here.

wow didnt know service apartment can get individual meter for water. but in general, service apartment will default paying at jmb and cannot change to residential tariff.

If I am not mistaken, the water and electricity of residential units will be based on domestic and not commercial rates. Only the common areas will based on commercial rates. If the rates of residential units are charged commercial rates, JMB can apply /appeal for conversion of these residential units to residential rates. Please correct me if I'm wrong.

that is for resi condo on resi land. ommon area is commi. if the resi condo is built on commi land, the rates will all be on commi rates.

I’m currently renting a service apartment type of property. Grimoire is right. Out TNB account had been converted to residential but, water is following commercial rate and it is paid to JMB. Our water bill can range between RM25 - RM33 per month for 3-person usage.

That is because your JMB have not applied to Air Selangor to convert to residential rates. It is still using bulk (pukal) rate which is based on commercial rates. Once approved by Air Selangor, all owners of parcel must individually apply (fill up an application form from Air Selangor) and pay a deposit to Air Selangor. Air Sel will then replace the current water meter to Air Sel's own water meters. This whole process is quite time consuming. May take a few years to complete. I know this first hand as my condo, which sits on a commercial land title, applied to convert the residential units to domestic rates. The process started about 4 years ago and only "completed" last year. "Completed" as many owners (almost half) have not bothered to submit the application form to Air Sel. Those that have submitted are now enjoying residential rates and pay directly to Air Sel, no longer need to pay to JMB.

Same applies to Tenaga too. We are all enjoying residential rates for the residential units, even though our land is still commercial.

Boss,

I think the conversion of individual unit to resi rate is not the main concern.
For a mixed development, I would be more concerned about the rates for the common areas like facilities deck, car parks, streets lights etc.

Any MC will know that TNB electric expenses is one of the largest expense if not the largest.
With the recent revise of ICPT surcharge reduction of only 1 cent, expect electric cost to stay elevated and this will impact unit owners indirectly thru the maintenance fee revision.
If collection is poor, this will make matters worse.

What about the common areas?

Common areas will remain on commercial rates, as mentioned earlier. Only residential units may apply for residential rates.