yr2011 some statistic to share...

hi,

perhaps is good to share with residents some of this data..

our monthly expenses (roughly)

management service - 3000
security service - 3300
cleaners - 1750
lift service - 1400
generator & electrical- 400
swimming pool - 800
TNB - 6000
PBA - 500
phone (ofis & guard) - 100
various repair - 3000

it's abt RM20,250 in total....

now our average collection is RM22000, which is abt 80% of 275 unit, from here surplus is abt 1K, then with 20% of debtors, or 5k, it makes to total asset of abt 6k per month, or 72k per year.

at the moment old debt (outstanding service charge & insurance) by defaulter is abt 60K, plus the 72k from above, so at end year, we should have 132K asset, say along the way there's some major repair, especially the lift, then we still can expect something like 100K at the end of yr2011! (the legal notice for the defaulter should be out this month)

if my data looks a bit confusing.... :(

in short, it means the future of Vista Condo looks bright, but it take every residents' cooperation & effort to make it happen.

Cheng/JMB