last weeks some committee members attended a residents' gathering at one of the neighboring project, their committee chairman was grateful for our help in the past, there was abt 2 years ago when their developer just sent them a short notice asking them to take over the management, as those days they were inexperience & they approached us to give them some advice, so we went to meet them, gave them some encouragements & recommended few trusted contractors to them, time gone by so fast, and they do so much better than us now, so perhaps we got to learn a few tricks from them :)
in the gathering we also meet friends & contractors from some other nearby apartment projects, so exchanged ideas, experiences & info with them, and to our surprise, some apartments have already increased their service charge (SC), as we know, one from 110 to 130, another one from 100 to 120 (but residents reacted because swimming pool & other facilities have been shut down by developer).
check with them the reasons why increased the SC, the former one said operation cost had gone up so have no choice but to increase it, and as most of their residents are from high income group, so they OK with 130. But for the latter case which increased from 100 to 120, the reason is due to both higher operation cost & poor collection as well, at the moment they still need to deal with their residents over this matter....
so now the question throw to us is, are we going to keep it at 100, or increase it? well, if we can maintain the good collection rate with the cooperative attitude by our beloved residents like what's happening now, and also if our vendors don't increase their service fee, then we should be able to maintain at 100 in year 2014, for this we would like say "thank you" to the Vista Condo residents for have been very cooperative in many areas.
we also feel very fortunate for the rental parking lots built by first batch of JMB, for that facility have been consistently bringing in abt RM1500 to RM2000 income every month, and at the moment we have few plans in mind to cut cost further which can amounting to another abt RM500 per month, hopefully we can think abt some idea to generate extra regular income so that Vista Condo can still keep the SC at 100 even beyond yr2014 :P
hopefully our vendors will be kind enough to maintain the same rate in ry2014 :):):)
2 comments:
Dear MC,
To strengthen our Financial position, cost saving like the electricity reduction is a good idea. By the way, I have a suggestion here. As I don't see much utilization at the playground at the back of block J, what about converting to a few carparks to increase our fund? We can sell to residents who want to buy a second carpark. I think that is more practical. If the respond is good, we can proceed by lucky draw lot method.
hi,
thanks for the suggestion.
we are now trying our best to beautify the kids play ground, adding some plants, especially lemon grass to chase away mosquito, also try get fund from govt to add more play set to attract ppl especially to kids to play there, but if after all the attempts and still fail, then will consider to convert it for other use, will keep your suggestion in mind.
best regards.
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