Mar 24 2024, 09:01 PM
QUOTE(GambitFire @ Mar 24 2024, 08:49 PM)
Hi all wanted to ask, does JMB have authority to set amount for car park rental in the condo? Recently in my condo, JMB had an AGM and came out with circular saying amount to rent car park is RM150 per month for common car park area which is quite low..
I was planning to rent around RM250 for my car park but the lessee said only 150 and if I were to quote more he won't accept and report me to JMB..like is JMB even authorised to do this? Parking belongs to owner right so owner should set a price and not JMB?
Anyone facing similar issues in other condos?
The parking lot that you own is belongs to you. you can rent it out at whatever price that you like. I was planning to rent around RM250 for my car park but the lessee said only 150 and if I were to quote more he won't accept and report me to JMB..like is JMB even authorised to do this? Parking belongs to owner right so owner should set a price and not JMB?
Anyone facing similar issues in other condos?
The RM150 lots that the JMB are renting out are those extra common area parking lots. Normally it is use to generate extra income for the sinking fund or topup to the maintenance fund.
You can always join the AGM and propose to raise the parking lot rent fee to RM250.
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