each time consider those things we hv done since took over in yr 2009, we indeed feel happy of the improvement we managed to bring (thru God's help, really), but we also sometimes feel frustrated & impatient on those things which we wish have completed but still pending (coz of fund & manpower factor..), we call it "half glass of water" syndrome.
let's see those areas cause this syndrome...
SC collection, it has rise from abt 60% to now abt 80%, something to cheer abt, but when we think of how to get another 20% to pay, we breath a long sigh....:(, the increase on the SC collection has enabled the office to attend to those maintenance matters more efficiently, also managed to upgrade some of the equipment & facility, but another 20% will see much more things to be upgrade, well, 2nd legal notice had been sent already, trust soon we will see the hardcore defaulters paying.
lift, managed to stabilised the condition since early this year, still remember those day almost every week we heard abt lift down either in blk j or k, some worst case is both lift at either j or k down, due to sabotage or other accidents, now it's much better, of course sometime it does happen again, but as i can remember in 2011, it happen twice, before CNY due to bomba pipe burst & also last month due to overheat problem in motor room. But then, we r now racing with time to save enough money to upgrade all the lifts coz after another 5 yrs we may hv problem sourcing for the replacement part for our 15yrs old lift, especially the control board.
water tank, hot topic now a day, again consider those days the leaking was so bad, until every month need to pay nearly RM1000 for the water, & we managed to patch a lot of holes, & water consumption go down to abt 25% of previous rate, it's really some good achievement, but soon our heart get a bit impatient when think abt after 2-3 yrs we should get those lining replaced, abt 200K in total, & half glass of water syndrome sit in again...
the same happen to swimming pool, car park,...etc...
perhaps we should take 1 step at a time, rejoicing at the achievement, planning wisely for the future upgrading project, be more positive to make vista a better place for living...
thanks.
Saturday, July 30, 2011
Saturday, July 23, 2011
EGM & Sinking fund
some unexpected commotion during the EGM, & also some sharp comments from residents during the 1st part of the meeting, but somehow some important decision & info have been shared with residents, & it should be encouraging our residents much!
i'm talking abt we are able to set up our own SINKING FUND starting from now! and this is something nobody dare to dream abt before the EGM!
(at the moment we have near to RM400K of sinking fund with the developer, but we don't think we can to get it transfer over to us so smoothly, still negotiating w them, we really praying hard that they will be cooperative after we open the MC bank account...)
the calculation goes like this, we hv now managed to settle the old debt, & monthly fixed expenses are TNB 6800, PBA 600, Management 3000, security 3300, pool 800, lift 1400, cleaner 2000, electrician 400, general repair & others let's put it at 3000, so total is abt RM21300.
we do see the increase in the last few months on the collection, consistently more than RM26000, comprises of current months SC (service charge) payment 22500, old debt paid by residents 2000, car park rental 1500, which means monthly surplus is (RM26000 - RM21300) abt RM4700.
as we also need to budget some for the water tank repair (as per EGM decision,we will proceed with it, abt 3000 for smaller tank & RM4000 for bigger tank which carry 2 years warranty, total abt 4 water tank need to fix now), at the moment we should be able to set aside RM3000 per month for sinking fund, then starting 2012 should increase to RM4000 per month.
go by this arrangement, in 5 yrs we should hv abt RM240k, or 10 yrs 480k, plus the money given back by developer, some major projects like painting of building (abt 240k), upgrading the lifts (abt 200k), changing all water tank lining (abt 200K) are within our reach to be carried out in this coming 10 yrs!
furthermore, the above calculation is not based on full current month collection yet, for we hv 275 unit, full collection should be 27500 per month, but i hv purposely left out 5k each month for the habitual defaulters, (do u notice i only put 22500 for current month SC collection?) & the money recovered from them will be used for facilities upgrading & beautification, such as swimming pool, foyer, car park area, & we can even consider to convert 1 of the public toilet to be gym!
as we always said..., future looks bright for vista condo... :)
(abt some other decision of EGM, will paste together with the minutes of meeting in notice board soon, also new set of house rules will be duplicated & put into residents letter box.)
i'm talking abt we are able to set up our own SINKING FUND starting from now! and this is something nobody dare to dream abt before the EGM!
(at the moment we have near to RM400K of sinking fund with the developer, but we don't think we can to get it transfer over to us so smoothly, still negotiating w them, we really praying hard that they will be cooperative after we open the MC bank account...)
the calculation goes like this, we hv now managed to settle the old debt, & monthly fixed expenses are TNB 6800, PBA 600, Management 3000, security 3300, pool 800, lift 1400, cleaner 2000, electrician 400, general repair & others let's put it at 3000, so total is abt RM21300.
we do see the increase in the last few months on the collection, consistently more than RM26000, comprises of current months SC (service charge) payment 22500, old debt paid by residents 2000, car park rental 1500, which means monthly surplus is (RM26000 - RM21300) abt RM4700.
as we also need to budget some for the water tank repair (as per EGM decision,we will proceed with it, abt 3000 for smaller tank & RM4000 for bigger tank which carry 2 years warranty, total abt 4 water tank need to fix now), at the moment we should be able to set aside RM3000 per month for sinking fund, then starting 2012 should increase to RM4000 per month.
go by this arrangement, in 5 yrs we should hv abt RM240k, or 10 yrs 480k, plus the money given back by developer, some major projects like painting of building (abt 240k), upgrading the lifts (abt 200k), changing all water tank lining (abt 200K) are within our reach to be carried out in this coming 10 yrs!
furthermore, the above calculation is not based on full current month collection yet, for we hv 275 unit, full collection should be 27500 per month, but i hv purposely left out 5k each month for the habitual defaulters, (do u notice i only put 22500 for current month SC collection?) & the money recovered from them will be used for facilities upgrading & beautification, such as swimming pool, foyer, car park area, & we can even consider to convert 1 of the public toilet to be gym!
as we always said..., future looks bright for vista condo... :)
(abt some other decision of EGM, will paste together with the minutes of meeting in notice board soon, also new set of house rules will be duplicated & put into residents letter box.)
Thursday, July 21, 2011
Saturday, July 16, 2011
getting ready for the EGM (part 3 - Water Tank)
we may want to discuss the water tank matter first in the EGM, as it will greatly effect the decision making for the CCTV.
we have 8 water tanks at the roof top, 4 at blk j, 4 at blk k, all of them over the age of 15 yrs old.
their condition, at the moment 2 got major leak, 2 got bad leak but not so critical, another 2 minor leak, then 2 more are just ok.
as per the information & quotation from contractors, we can go for few options pertaining to the repair, ranging from RM10K to 40K, which we will present for residents to consider.
from our cash flow projection for the 2nd half of year, we do have abt RM40k for some major project or repair apart from the normally & general maintenance.
so it's the reason why we want to decide on the water tank ahead of CCTV, if residents go for the option which cost RM40k (long lasting solution), then there will no subsidy on CCTV (in case residents still want CCTV), but like wise if residents choose the option for short term solution repair, then can hope for some subsidy for CCTV.
side tract a bit, since few months ago some committee members questioned by residents why want to waste money to install CCTV for every floor, we would like to clarify that JMB have never decided to install CCTV for this project, but it just we hv got some residents suggested to us for this, & our job is to open it up for residents to consider.
(pls check the article posted at 23/4/11 where CCTV for every floor was first mentioned)
again, hope that the best decisions will be made during the EGM, and for those who hv signed for the durian party, enjoy ya!
we have 8 water tanks at the roof top, 4 at blk j, 4 at blk k, all of them over the age of 15 yrs old.
their condition, at the moment 2 got major leak, 2 got bad leak but not so critical, another 2 minor leak, then 2 more are just ok.
as per the information & quotation from contractors, we can go for few options pertaining to the repair, ranging from RM10K to 40K, which we will present for residents to consider.
from our cash flow projection for the 2nd half of year, we do have abt RM40k for some major project or repair apart from the normally & general maintenance.
so it's the reason why we want to decide on the water tank ahead of CCTV, if residents go for the option which cost RM40k (long lasting solution), then there will no subsidy on CCTV (in case residents still want CCTV), but like wise if residents choose the option for short term solution repair, then can hope for some subsidy for CCTV.
side tract a bit, since few months ago some committee members questioned by residents why want to waste money to install CCTV for every floor, we would like to clarify that JMB have never decided to install CCTV for this project, but it just we hv got some residents suggested to us for this, & our job is to open it up for residents to consider.
(pls check the article posted at 23/4/11 where CCTV for every floor was first mentioned)
again, hope that the best decisions will be made during the EGM, and for those who hv signed for the durian party, enjoy ya!
Saturday, July 9, 2011
getting ready for the EGM (part 2 - House Rules)
the longer we serve in the JMB, the more we realise the importance of house rules, just like a country or state need the laws, we also need to have a clearly defined house rules to maintain the orderliness of Vista Condo.
from the feedback of resident & committee member & also the vendors, some of these items will be presented to residents for amendment/addition/deletion on our house rules during EGM,
1) Foreigners' hostel
2) Usage of foyer
3) Pet @ apartment
4) Clamping on the vehicle
5) Entry of volunteer patrolling body
6) Renovation deposit
7) Motorbike sticker
8) Items at corridor/common area
9) Throwing rubbish from balcony or kitchen window
10)....etc...
we believe during the EGM, residents may bring up some other suggestion which not listed here, it's ok, let's take our time to consider all these carefully, & together we produce a set of house rules which is fair, clear, practical & applicable for all the residents in Vista Condo.
our past experience taught us that when residents have dispute over certain matters, it's best to show them what our house rules mentioned abt the matters, many times even they are not too happy abt the decision, but since it's written in the house rules, then at the end they still choose to respect the house rules & follow it.
also few occasions some strong-will residents have violated the rules here & refused to follow the rules, we have no choice but lodged police report, the 1st thing the police ask "adakah benda ini ada di tulis dalam house rules....", so we feel it's necessary to add some of these in our house rules.
the detail of the existing set of house rules can be found in the article dated June 18th, feel free to suggest & we welcome all the ideas as long as it can help to improve our house rules for the benefits of residents.
thanks.
from the feedback of resident & committee member & also the vendors, some of these items will be presented to residents for amendment/addition/deletion on our house rules during EGM,
1) Foreigners' hostel
2) Usage of foyer
3) Pet @ apartment
4) Clamping on the vehicle
5) Entry of volunteer patrolling body
6) Renovation deposit
7) Motorbike sticker
8) Items at corridor/common area
9) Throwing rubbish from balcony or kitchen window
10)....etc...
we believe during the EGM, residents may bring up some other suggestion which not listed here, it's ok, let's take our time to consider all these carefully, & together we produce a set of house rules which is fair, clear, practical & applicable for all the residents in Vista Condo.
our past experience taught us that when residents have dispute over certain matters, it's best to show them what our house rules mentioned abt the matters, many times even they are not too happy abt the decision, but since it's written in the house rules, then at the end they still choose to respect the house rules & follow it.
also few occasions some strong-will residents have violated the rules here & refused to follow the rules, we have no choice but lodged police report, the 1st thing the police ask "adakah benda ini ada di tulis dalam house rules....", so we feel it's necessary to add some of these in our house rules.
the detail of the existing set of house rules can be found in the article dated June 18th, feel free to suggest & we welcome all the ideas as long as it can help to improve our house rules for the benefits of residents.
thanks.
Saturday, July 2, 2011
getting ready for the EGM (part 1 - CCTV)
EGM will be held on 20/7/2011, 8pm, 14-days notice will be sent to all Vista residents.
few major decisions need residents to decide, this article will zoom in to the CCTV for every floor.
residents need to decide should we go ahead with this, & if yes, how the cost should be shared out?
we are getting quotation now, general idea is every floor should have 4 camera, each one cost abt RM250, then wiring for the each set is abt RM150, so total is RM400 per camera with wiring.
the 16 channel DVR (which can support up to 16 camera) will cost abt RM2500 if we can order in quantity, so as we have 16 flr at blk j & 20 flr at blk k, then we will need 144 camera & 9 DVR.
the calculation will go like this,
(RM250 + RM150) x 144 = RM57600 (total cost for camera w wiring)
(RM2500 x 9) = RM22500 (total cost for DVR)
Grand total will be RM80100...
share out option (1) is all 275 unit of residents share the cost, or RM80100/275, ie RM291.00 per unit, make it compulsory for all the unit to pay.
option (2) is go by percentage, like management pay certain amount & resident pay the rest, like 80:20, or resident pay camera + wiring, management pay DVR, in this case each unit will need to pay abt RM200, & make it compulsory too...
the other option is don't make it compulsory for every unit to pay, but we will only install for those who are ready to pay, in this case the position of the camera will be fixed in the direction will only cover the unit who have paid, just to be fair...
or...perhaps there's other option also, feel free to share w us on the EGM night.
the pricing information is based on the quotation we have received for far, but if any resident got cheap & good one, pls do recommend to us, but must be CHEAP & GOOD one....
thanks.
few major decisions need residents to decide, this article will zoom in to the CCTV for every floor.
residents need to decide should we go ahead with this, & if yes, how the cost should be shared out?
we are getting quotation now, general idea is every floor should have 4 camera, each one cost abt RM250, then wiring for the each set is abt RM150, so total is RM400 per camera with wiring.
the 16 channel DVR (which can support up to 16 camera) will cost abt RM2500 if we can order in quantity, so as we have 16 flr at blk j & 20 flr at blk k, then we will need 144 camera & 9 DVR.
the calculation will go like this,
(RM250 + RM150) x 144 = RM57600 (total cost for camera w wiring)
(RM2500 x 9) = RM22500 (total cost for DVR)
Grand total will be RM80100...
share out option (1) is all 275 unit of residents share the cost, or RM80100/275, ie RM291.00 per unit, make it compulsory for all the unit to pay.
option (2) is go by percentage, like management pay certain amount & resident pay the rest, like 80:20, or resident pay camera + wiring, management pay DVR, in this case each unit will need to pay abt RM200, & make it compulsory too...
the other option is don't make it compulsory for every unit to pay, but we will only install for those who are ready to pay, in this case the position of the camera will be fixed in the direction will only cover the unit who have paid, just to be fair...
or...perhaps there's other option also, feel free to share w us on the EGM night.
the pricing information is based on the quotation we have received for far, but if any resident got cheap & good one, pls do recommend to us, but must be CHEAP & GOOD one....
thanks.
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