Very true, the biggest expense for a condo is usually the tenaga bill. A big chunk of the maintenance fees goes to tenaga.

Thank you for your confirmation.
Any attempt to appeal this with tnb?

No, cause the land title still under commercial. But there has been discussion on applying to convert the land title to residential, but cakap only la, no action taken to date. Will be a big savings though if under residential title. Both water and electricity bills for the common areas are pritty high. However, Air Sel has already given us quite a bit of rebate even before we were allowed to apply for individual Air Sel water meters.

This post has been edited by tohca: Jul 18 2024, 07:49 AM

Thank again for sharing boss.
Much appreciate it

With this, the main point I wish to highlight for buyers of commercial title unit is the needs to understand that conversion of Ur unit utilities to residential rate is only solving half the problem. The common areas that you also own thru share units remains at commercial rate and you can't convert that to residential rates, well at least for now.

And a big thank you to boss tohca for sharing his experience 👍👍

there is no use converting land just for the common area to be using resi rates. resi rates max at 57cents while commie rate max at 51cents.

Not all bad boss. Got some good also la. Owning a residential unit in a lot with commercial land title may be beneficial too in the long run. If the area booms and demand for commercial property rises (ex.. need for hotels or similar) then one may profit from price appreciation.

In the short term, owning a residential unit in a commercial area may benefit (because of location) in terms of rental returns if one is not staying there. If one stays there, then the convenience is of value too.

With respect to Serasi, with about 1500 units, each owners share of the cost of maintaining the common area should be quite low relative to the benefits. I like Serasi becuase of the location, the design, the facilities and also the plot area which is around 7 acres. 1500 units in a 7 acres land is not too bad.

You have a point there.

First commercial, SAMM can apply. my aunt got it after so many resi properties. Retired also dapat - as long as household income below RM15k.
She cant get 100% loan so have to pay RM25k 10% deposit.

syarat here under KEDIAMAN KOMERSIAL https://ehartanah.lphs.gov.my/lphs/www/inde...=18&articleid=2

Of course not all bad.
Just wanted to highlight it as i think many are not aware that the common area remains at commercial rate and also attracts ICPT Surcharge which varies every 6 months.
Have to know what you are getting into when buying a mix commercial development bcos the commercial element is uncertain.
the commercial element can also fail and the place becomes run down which can affect the residential property values. e.g. rhythm avenue

Like my boss use to say, Got pros, sure got cons...

For Serasi, i believe the commercial shoplots are sold to individuals.
Not sure if developer keeps any units but this means there is little control on the tenant types or mix.
And Serasi is part of PH Sentral which will have more development upcoming.
The commercial in PH is very slow. Only in recent years things start to pick up a bit especially the front row Onking area and the Glades with Jibby, Starbucks etc
Not sure if adding more shoplots from Serasi will bring the place up or make it worse but honestly, i won't hold my breath.

If you looking at mix development, i would suggest SJCC in SS16.
That area has more potential and it's proximity to SS15 allows it to attract spill over from SS15 commercial activities (Try looking for a parking around SS15 / 14).
Of course pricing wise will be higher but so is the potential. Just need to hunt for good values like a Predator.

Well said. Very sound reasoning.

Yes, SS16 does look very potential.

Serasi will have only 10 shoplots. There are a few kindergartens /day care centres planned within the podium block. Overall it's more a residential project located in a commercial area.

just went to ss15 yesterday night to try hot bird

at 9pm also so jam n packed walao ehhhh

subang and usj lang all so rich so free 1 ar

anyway i had hot bird and mixue

syok ah

if im younger i would also stay around ss15 just for the lifestyle

Wah.....hot bird....
Did you try "call the ambulance" level ...🌶️🌶️🌶️

But I think the nasi lemak burung hantu is the crazy item now....

burung hantu shop from que all the way

so crazy

next time only try

bro i try mild only

for me mild is good

i dunwanna die

🤣🤣🤣

Future Mainpace mall like otw in ph sentral- better for phs not to attract too many non ph ppl to come as turning it to another ss15 will be a nightmare for ph residents

such a big u turn just 6 months.

Aiyo.... No mall please...
It's likely not going to make it...
Remember One City.....
Remember Rhythm Avenue...

Actually Main Place is also barely making it....bcos others fail, they are the only choice and their offering is quite okay, they can make ends meet...

With the high cost of living and uncertain economy in the coming years putting another mall is like ...

You go walk into The Glades new grocer ...
Staff more than customers....leh

Tell sdp see whtr they listen or not🤣

Suffice to say, I think their marketing team hate me from head to toes...😜

I think a small mall in ph can make it la, now ph got giant only. Ph sentral high population can patronize this small mall😃