year 2013, vision, expectation, challenge...

3 more days to go, then entering yr2013.

we still having the same ambitious to make vista a real condo by end of yr2013, but we the difficulty is actually much higher than what anticipated one year ago.

the reason is even though we expected developer won't be so kind to release our sinking fund immediately to us soon, but then we must say looks like it will drag much longer than what we expected, the best hope maybe the end of next year, or even later than that...

another big financial source, gov't fund, also won't be arrived anytime soon, i have read from online news today, the EXCO member YB Wong Hun Woi is urging the federal gov't to release the money to those apartments which have sent their application, well, let's see...

few months ago, we did share in this blog that even if sinking fund & gov't fund are not soon be available, then we must activate our own plan (plan B, huh?), to set up our own sinking fund (without taxing our residents) to address matters like lift upgrade, water tank lining & building wall painting, so this new sinking fund account will be open with public bank in January 2013.

our situation now is our monthly collection on service charge is good enough to administer those regular & needs we encounter each month, even got spare to do some upgrade on the facilities, WITH THE CONDITION THAT AVERAGE COLLECTION RATE HITTING 80%, so the office staffs & security will take to task if this standard can't be maintained.

so we are depositing the car park rental (abt RM2000 per month) into the vista condo new sinking fund, so in 10 years' time, we should be able to either paint the building or upgrade the lift, pls don't be discouraged by "10 years" time, we are talking abt worst scenario, that is if no sinking fund & gov't fund in the coming 10 years, but we can get both matters attended to, if either gov't or developer kind enough to release the money :):):)

so in yr2013, the main task is still make sure the collection rate is at (or above) 80% and we should see some upgrading happen here & there, perhaps gym, beautify the swimming pool, play ground like facility for kids, lift touch & go system, etc. do have rough idea on the blue print, but if it's big project, will get residents to approve first.

hopefully can see great break through in yr2013, happy new year to all our beloved residents!!!