entering yr2012 soon, first like to wish all Vista Condo residents happy new year, & we also hope to see further improvement in our beloved condo.
like to present to our residents some of these plans, let's look at our finance first...
at the moment our (monthly) regular/contracted expenses are (TNB) 7000, PBA (500), guard (4800), management (3000), cleaning (2000), pool (800), electrical (500), lift (1400), general repair (2000), total is abt RM22,000.
based on our current collection rate of 85% on service service, (275 unit times 85%) is RM23375, plus the rental of the parking lot RM1500, monthly income is abt RM24,875.
so goes by this calculation, yr2012 total expenses is abt RM(22,000 * 12) = RM264,000
also total income RM(24,875 * 12) = RM298,500
barring any major breakdown, we should have abt (298,500 - 264,000) = RM34,500 for upgrading project in yr2012.
still remember we mentioned before to make vista a real condo by yr2013? so perhaps some of these things we can do in yr2012 with RM34500. (not necessary all, but depends on the financial situation then)
1) swimming pool grating - the material cover the drain surrounding the pool, it cost in between RM3,500 to RM4,000.
2) upgrading the fire fighting facility - abt RM8,000 to service (or replace) the pumps, valve, hose, etc....
3) convert a toilet to be gym - RM10,000 to RM15,000
4) T&G system for 4 lifts to further improve vista security & collection rate, abt RM15,000 to RM20,000.
5) other things like water tank lining & painting of building will depend on how soon we can get back the sinking fund....
in fact we have confident that the income will be higher than what hv jz mentioned, coz as we install the motorcycle/lift T&G and also get land office to act on defaulters, we can even expect it to go as high as 90% on the collection rate & recover another abt 20K from debts in between yr2009 to yr2011, but we reserve this portion as the sinking fund, which means we should be able to open our own sinking fund bank account by next year, but as i said earlier, barring major breakdown.
so the challenge still so much on how to increase the collection rate, but as we look back, it become better each year, so, we pray that God will continue to help us in this area.
not to forget to mention here, any project cost more than RM10k, we will still call AGM or EGM to let residents to decide, pls also write to us if some of the urgent upgrade which we hv overlooked in this article.
thanks.
Friday, December 30, 2011
Friday, December 23, 2011
report on the fire incident on 24/12/2011
fire broke out this morning abt 8.30am, at blk k, k-5-1, foreigners hostel.
some report for our residents...
1) Deva the committee member got the phone call from resident, rush to the scene, few residents already there, then at the same time bomba firemen also arrived.
2) tenants are not at home, so firemen broke the padlock, open the grill door & wooden door, found fire at 2nd room, then used water from the toilet to put it off. more residents ,committee members & reporter gathered there during this time.
3) Firemen tested the bomba riser room hose reel, found no water. some residents grumbling why no water supply....
4) Jeffery the MC member explained to residents & reporter that our pump is working but set to MANUAL mode, which means need to be ON manually at blk j pump room, but as the committee members arrived the fire oredi gone, so no one ON it.
5) he further explained that we can't set it to AUTO mode cause in the past the hose reel head always missing, if we set it to AUTO then the water will burst from riser room with the absence of hose reel, & will cause major jam to both lift. (remember the incident before last chinese new year?)
6) Deva locked the hostel door coz the foreigners are not yet back, then after TNB technician came investigate, found out it started from the cheap extension wire.
as we look at this case, few thoughts come to our mind,
- must form our ERT (emergency rescue team) as soon as possible to attend to cases like this.
- residents must have common sense not to steal things from TNB & Bomba riser room, we always got reports from residents that TNB meter fuse gone missing, for the thefts break the padlock & steal it.
- for the case of bomba hose reel, we did replace the missing unit few times & locked the door, but itchy hand fella still break the lock & steal it, happen few times since last year, it explains why we CAN'T set the pump to AUTO mode.
- will put the petition at the guard house or office to ask residents to sign, purpose is to ask those landlord stop renting out the unit as foreigners hostel.
- will need to make sure all the guards know what to do (especially ON the pump) when fire happen, we hv taught some of old staffs, but overlook the new guys, our fault, sorry for that.
- may need to hire 2 well-trained guards each shift if can afford, so that we will have enough ppl to handle emergency cases, like this case, only one guard was around, & the management office not yet open, too risky.
- will get the fire contractor to check again our system, to upgrade it if needed.
- will arrange fire drill, if possible next month.
write to us if u got any suggestion.
some report for our residents...
1) Deva the committee member got the phone call from resident, rush to the scene, few residents already there, then at the same time bomba firemen also arrived.
2) tenants are not at home, so firemen broke the padlock, open the grill door & wooden door, found fire at 2nd room, then used water from the toilet to put it off. more residents ,committee members & reporter gathered there during this time.
3) Firemen tested the bomba riser room hose reel, found no water. some residents grumbling why no water supply....
4) Jeffery the MC member explained to residents & reporter that our pump is working but set to MANUAL mode, which means need to be ON manually at blk j pump room, but as the committee members arrived the fire oredi gone, so no one ON it.
5) he further explained that we can't set it to AUTO mode cause in the past the hose reel head always missing, if we set it to AUTO then the water will burst from riser room with the absence of hose reel, & will cause major jam to both lift. (remember the incident before last chinese new year?)
6) Deva locked the hostel door coz the foreigners are not yet back, then after TNB technician came investigate, found out it started from the cheap extension wire.
as we look at this case, few thoughts come to our mind,
- must form our ERT (emergency rescue team) as soon as possible to attend to cases like this.
- residents must have common sense not to steal things from TNB & Bomba riser room, we always got reports from residents that TNB meter fuse gone missing, for the thefts break the padlock & steal it.
- for the case of bomba hose reel, we did replace the missing unit few times & locked the door, but itchy hand fella still break the lock & steal it, happen few times since last year, it explains why we CAN'T set the pump to AUTO mode.
- will put the petition at the guard house or office to ask residents to sign, purpose is to ask those landlord stop renting out the unit as foreigners hostel.
- will need to make sure all the guards know what to do (especially ON the pump) when fire happen, we hv taught some of old staffs, but overlook the new guys, our fault, sorry for that.
- may need to hire 2 well-trained guards each shift if can afford, so that we will have enough ppl to handle emergency cases, like this case, only one guard was around, & the management office not yet open, too risky.
- will get the fire contractor to check again our system, to upgrade it if needed.
- will arrange fire drill, if possible next month.
write to us if u got any suggestion.
Friday, December 16, 2011
some general updates...
like to share with our residents on these news...
1) Sunday nite one bicycle stolen from blk k, then Deva the MC member checked CCTV & managed to found out who's the culprit, then thru the help of a tenant from blk j who hv good contact with police dept, catch the fella & called in police, now the bicycle is back & we let the policeman to deal with the thieve.
2) hv arranged with vendor to install the T&G system for motorcycle, should be able to launch before month end, or by latest 1st half of January 2012, motorcyclist will scan their card with different scanner near the car scanner, but will share the same barrier with cars, we foresee this may slow down the traffic during peak hour, so we will like to appeal to our residents for more patient, as this arrangement hopefully will force defaulters to pay & tighten up the security.
3) after all the negotiation, meeting, phone calls, visiting gov't offices, lawyer...etc, lastly developer give us some positive commitment, they promised to give us the first payment cheque of sinking fund by next week, RM50K, the balance will pay after that, we hope they will honour their promise, also at the same time we continue to negotiate with them to pay as much (& also as soon) as possible the balance.
4) Tanni the supervisor has resigned, now the new supervisor just a temporary replacement, we would like to get help from our residents to recommend candidate from our own Vista Condo ppl to do this job, should be guy, ok with retiree but age should below 60, if anyone interested pls send application to our email which can be found at the right corner of this page.
5) Thank God as our financial has improved, so now we have hired the 2nd guard for the night shift, which mean from 8pm to 8am we should hv 2 guards serving us, we hv told them 1 should guard the main entrance, another 1 should do the patrolling periodically at the ground floor, hope this will further tighten up the system here.
6) We hv arranged with contractor to paint the faded parking lot line, as he has started but this may take awhile to complete all due to the weather condition, as as per today he has done abt 30% of the job.
another thing which encouraged us so much is we have seen some residents took the initiative to beautify the common area, like painting the lift lobby at their floor, one blk j resident (from 1st floor) even painted the ground floor lift lobby & the grill at the air well, also another residents contributed 2 fire extinguisher few months ago, which now hanging at the ground floor lift lobby at blk j & k, want to take this opportunity to thank them again.
thanks.
1) Sunday nite one bicycle stolen from blk k, then Deva the MC member checked CCTV & managed to found out who's the culprit, then thru the help of a tenant from blk j who hv good contact with police dept, catch the fella & called in police, now the bicycle is back & we let the policeman to deal with the thieve.
2) hv arranged with vendor to install the T&G system for motorcycle, should be able to launch before month end, or by latest 1st half of January 2012, motorcyclist will scan their card with different scanner near the car scanner, but will share the same barrier with cars, we foresee this may slow down the traffic during peak hour, so we will like to appeal to our residents for more patient, as this arrangement hopefully will force defaulters to pay & tighten up the security.
3) after all the negotiation, meeting, phone calls, visiting gov't offices, lawyer...etc, lastly developer give us some positive commitment, they promised to give us the first payment cheque of sinking fund by next week, RM50K, the balance will pay after that, we hope they will honour their promise, also at the same time we continue to negotiate with them to pay as much (& also as soon) as possible the balance.
4) Tanni the supervisor has resigned, now the new supervisor just a temporary replacement, we would like to get help from our residents to recommend candidate from our own Vista Condo ppl to do this job, should be guy, ok with retiree but age should below 60, if anyone interested pls send application to our email which can be found at the right corner of this page.
5) Thank God as our financial has improved, so now we have hired the 2nd guard for the night shift, which mean from 8pm to 8am we should hv 2 guards serving us, we hv told them 1 should guard the main entrance, another 1 should do the patrolling periodically at the ground floor, hope this will further tighten up the system here.
6) We hv arranged with contractor to paint the faded parking lot line, as he has started but this may take awhile to complete all due to the weather condition, as as per today he has done abt 30% of the job.
another thing which encouraged us so much is we have seen some residents took the initiative to beautify the common area, like painting the lift lobby at their floor, one blk j resident (from 1st floor) even painted the ground floor lift lobby & the grill at the air well, also another residents contributed 2 fire extinguisher few months ago, which now hanging at the ground floor lift lobby at blk j & k, want to take this opportunity to thank them again.
thanks.
Friday, December 9, 2011
Sunday, December 4, 2011
1 down, 2 to go....
after saturday's appreciation party for YB Yeoh for his help over the entrance shade, this project consider completed. it was good party indeed, over hundred residents + vendors + friends attended, highlight of the party is cutting of ribbon by YB under the shade, trust it's the first time such thing happen in Vista, for those Chinese educated Vista residents, can check chinese newspaper Kwangwah & Kuangming on 5/12/2011, some color photos can be found there too.
so now, we are aiming to finish off the other 2 projects, defaulters' debt & sinking fund...
few months ago, legal notices had been sent to abt 50 hardcore defaulters, glad to say that, more than half of them responded to the notices, many of them paid in full, also some of them did part payment or instalment due to financial problem, which also under close monitoring, well, still another 20 defaulters remain unmoved by the legal notices, for this we expected MPPP to act some where in Sept, but as we ready in MC status, we were told that land office should be in-charge of this case, so after all the necessary procedure be observed, this time 6 letters of land office are on the way to blk J defaulters, most likely another 14 letters will be sent next week, then see how lah....;)
sinking fund also moving to the positive direction, basically developer agreed that they should transfer us the money, but until now still dragging their feet..., we have contacted lawyer & will meet them soon for legal action, also 3 weeks ago thing hv been brought to CM's attention, he has assigned EXCO member to handle this case, we hv met with his assistant 2 week ago, but now will meet this EXCO member in person this week, pray & hope that developer will be willingly let us hv that money soon...
thanks.
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