Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
4 Pages < 1 2 3 4 >Bottom

Outline · [ Standard ] · Linear+

 Bukit OUG Condo, Any information?

views
     
qqmeng
post Nov 12 2012, 05:10 PM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


QUOTE(yeeck @ Nov 5 2012, 02:17 PM)
PBB offered blr - 2.2% before.
*
yes...mine is -2.22

qqmeng
post Jan 28 2013, 10:51 AM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


i hv to agree with 222222 ...

but i really dont like the way they put the barb wire as fence la... reminds me of pudu jail. LOL
qqmeng
post Mar 22 2013, 02:57 PM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


QUOTE(yeeck @ Mar 22 2013, 02:17 PM)
BTW i heard my friend's case where the owner who wished to sell her the property is now unable to do so as the owner got the unit via credit note from the original developer. Liquidator seems to be threatening to confiscate the unit from the owner in return!, eventhough there were other documents proving ownership and the fact that she has been renting out the unit for so many years already Earnest deposit was paid by my friend since middle of last year and still dragging until now. Anybody encountered this before?
*
ya...happned to my fren... she "bought" the studio... but the owner signed the SPA with the developer after the developer went into liquidation and therefore the 1st SPA was deem null n void.

in the end, she didnt get to buy the unit and wasted the legal fees etc etc.... mad.gif
qqmeng
post Mar 23 2013, 09:00 AM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


QUOTE(WinniePool @ Mar 23 2013, 12:16 AM)
Hi...who is bessie loo? How to avoid this from happening? Can we see from the owner's S&P, since which date of transaction was considered as not recognized purchase by liquidator?

There is an offer of RM320k for partially furnished unit of 1222sqft, worth to buy...what is the market rate?

Thanks for advice. biggrin.gif
*
adrain's staff (indian) quoted me 1222sqf at rm320k too but unfurnished, urs come with partial furnish... i think thts pretty good
qqmeng
post Mar 23 2013, 12:19 PM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


QUOTE(WinniePool @ Mar 23 2013, 10:55 AM)
That only comes with used wardrobe, kitchen cabinet, water heater and airconds...deal?  But worry about the consent, strata title and how is the security over there...

Thanks for advice.
*
well, i think it would be better if u ask ur real estate agent. i m just only a investor.... knows very lil on those.

u paid them commission for their expertise! smile.gif

they are the right person to ask... tho i wish i can be more helpful.. sorry for tht smile.gif
qqmeng
post Apr 22 2013, 06:55 PM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


QUOTE(CMMC @ Apr 22 2013, 06:16 PM)
Need help!  Just received a call from my lawyer saying that I am unable to proceed with the strata title application despite having paid them xxxx amount for documents verification and another 2% of the purchase price to the liquidator, Ler Lum.  According to my lawyer, Ler Lum claimed that the transaction between the developer and the first owner is void as they entered into a deal in August 2005 (during the winding up period - petition has been filed but no court order yet).  I bought the unit through sub-sale at the end of 2005, not knowing all these 'implications'.  To me, everything was done legally as I have obtained bank loan and all the documents were verified by the lawyers on both sides (bank and my appointed lawyer).  I am a victim in this case, having faithfully servicing my loan all these years!  Anyone has good lawyer to recommend?  Of course, with reasonable fee.  I have been told that I need to go to the court!
*
it happened to my fren who wanted to get a studio. Same issue.

In the end he wasted the legal fees n lots of disbursement charges for nothing..... mad.gif

the owner is now neither a legal owner nor vendor.... after fully serviced the loan just to find out tht the S&P signed many yrs back was null n void is kinda scary.
qqmeng
post May 29 2013, 09:53 AM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


was it my eyes? my blk is blk 12... i see the center is white while the other 2 sides are grey....
qqmeng
post May 31 2013, 12:45 PM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


QUOTE(yeeck @ May 31 2013, 12:18 PM)
Not all foreigners are bad, all landlords and agents just need to be more selective. Can't really blame those people who are desperate to rent out their units though.
*
mine rented out to a middle eastern UIA lecturer .... he has been quite a gentleman and polite...
qqmeng
post May 31 2013, 01:12 PM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


but sorry to say this... all are good with the exception with african..... sorry dont mean to be racist... but thts the fact
qqmeng
post May 31 2013, 02:08 PM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


QUOTE(yeeck @ May 31 2013, 02:03 PM)
Disagree with you here when you say all are good except for african. I've seen friends and family having problems with local tenants too.
*
my bad.... let me rephrase.... "generally" african tends to give rise to more problem...... rclxub.gif
qqmeng
post Jun 19 2013, 10:52 AM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


i m just merely an investor. never stayed there before.. so my view on raising the management fee + sinking fund may be diff.

i actually agree on raising it. The management needs to hv adequate fund to maintain the property in proper order. and with proper maintenance then only the condo overall value will appreciate higher.... with comfort (cleanliness, security etc) we can justify by higher rental yield.

and with all tht, you will get better neighborhood in general.

just a small price to pay. i hope the motion can pass thru... too bad i m not local and i m far away from KL. else i will attend the meeting
qqmeng
post Jun 19 2013, 04:27 PM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


QUOTE(yeeck @ Jun 19 2013, 03:02 PM)
Of course I understand that, but I don't believe in raising just for the sake of raising. They need to show the projection, and balance at hand. I don't believe in having too much funds at any one time to avoid history in repeating itself. They need to keep using it for the benefit of the condo. Old timers here will know what I mean.
*
tht i agree.

the projection of cash flow, existing and future projects to be carried out etc.... these are necessary to justify the increment.

and of course the participation of the residence is important so tht they ll be no hanky panky..... imagine if they are awarding the projects to "cronies" etc not at arms length price. (sound familiar eh?)

lets hope the management wont let us down... icon_question.gif icon_question.gif
qqmeng
post Jun 19 2013, 06:03 PM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


QUOTE(yeeck @ Jun 19 2013, 05:24 PM)
This is why owner attendance at the AGM is important to scrutinise the figures. Even if they award to cronies, make sure the job is done at a reasonable amount of money.
*
yep...raise both hand flex.gif
qqmeng
post Jun 20 2013, 12:20 AM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


QUOTE(ruben7389 @ Jun 19 2013, 11:51 PM)
whats the monthly collection for maintenance fee like?

assume total 14 blocks and each block on average 15 floors?

each floor approx 9000 sq feet X current 13 sen psf

total = 14 X 15 X 9000 X 0.13 = about 250k per month  shocking.gif  shocking.gif  shocking.gif

what are the usual monthly expenses? TNB, guards, cleaners and gardeners plus others? anyone know?
*
those are paper "fund" receivable, the management need cold hard cash... those actually paid up within 6mths is less than 50% I reckon... hope am wrong.
qqmeng
post Jun 20 2013, 02:16 PM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


QUOTE(5354 @ Jun 20 2013, 01:59 PM)
Then JMB would have to work harder to recover payment from those who didn't pay. Cannot rely on $$$ received from good paymaster and then take the easy way out by increasing maintenance fee in order to cover expenses worrr...
*
Well,... the last time i was there bcos the tenant wanted to see me, and thts like b4 CNY, if not mistaken. tongue.gif

But i did see the mgt trying their best to recover (according to this forum). for example, balloting of car parks only available for those fully settled their due, etc, and tht ppl complain. hmm.gif

anyway, thts why JBM is always the better option compare to those during pre JBM era. If you think they are not effective or not working... kick them out n appoint yourself as the chairman icon_idea.gif

but the way i see it. inflation is every way.... and i think it is reasonable for the JBM to increase a lil to meet the inflation and challenging works.

btw, when was the management fee last increase?? i really dont know... icon_question.gif
qqmeng
post Jun 21 2013, 10:02 AM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


QUOTE(22222222 @ Jun 20 2013, 10:11 PM)
Currently jmb account bal got 2m, there is not enough fund to do pipping and upgrade the lift, that's y they raise the sinking fund, that one I agreed, but why oso increase maint fee😓?

I more worry on 2m acc bal after the agm the new jmb take over.😒
*
how much the painting work gonna suck out from tht 2mil? or they hv already set aside the fund for the painting? it wasnt fully sponsored rite?

and how much is budgeted for the piping and lift??

sorry so many question to ask blush.gif
qqmeng
post Jun 22 2013, 11:18 AM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


hmm.... i thot they shld do the piping 1st b4 painting... enlighten me anyone? @.@
qqmeng
post Jul 28 2013, 04:35 PM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


QUOTE(woolei @ Jul 27 2013, 08:26 PM)
Good laugh.gif . How about the proposed access road..any sign?
*
ya.. i m looking towards it too

This post has been edited by qqmeng: Jul 28 2013, 04:37 PM
qqmeng
post Jul 31 2013, 03:54 PM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


the bank called me just now asking me whether my unit there in Bkt OUG is covered (fire insurance) ...isnt the management already got it cover on behalf of the owner??

can i just request the management office to give us the policy?
qqmeng
post Aug 1 2013, 09:38 AM

Regular
******
Senior Member
1,098 posts

Joined: Sep 2006


QUOTE(22222222 @ Jul 31 2013, 10:27 PM)
Jz get a copy from management and fax to bank will do.
*
thx for the info. bro

4 Pages < 1 2 3 4 >Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0573sec    0.36    7 queries    GZIP Disabled
Time is now: 7th December 2025 - 04:59 PM