challenges ahead (part 2)

continue from the previous posting....

well, base on our current collection rate, barring office staffs are too fearful to block defaulters access cards, our regular collection should hit 85% to 90%, which is good enough to pay those regular expenses such as utility bills, management service, lift vendor, guard, pool...., even to cover for general maintenance item like pipe or tap burst, light bulb blow, electrical components replacement.

but the real headache is those major items, the 3 items mentioned in the previous posting, lift, water tank, repainting.

in fact out of the 4 lifts in Vista Condo, 2 at blk k have been upgraded recently, with the help of state gov't. Another 2 lifts at blk j still in reasonable condition, which may only need gov't financial aid after 3 to 5 years' time.

this week let's talk more abt the water tanks.....

the 8 water tanks at the rooftop of blk j & k (4 each), immediate attention needed for at least 2 tanks, the rest also can't wait too long, in fact we should complete the changing of the water tank lining for all these tanks in the coming 3 years in order to make them serving Vista Condo residents well.

for these tanks, the outer layer, or the stainless steel panel still in good condition, but should put the new paint to make it lasting, but some of the top cover will need to be replaced not more than 2 years from now. and painting of panel & top cover replacement are still bearable as far as our management fund is concern.

but water tank lining replacement pose a great financial challenge for us, each tank will need 40k to 50k to have it's water tank lining replacement, together with those supporting structure attached to the lining, as said earlier, time is not at our side as we need to replace all of the water tank lining in this coming 3 years :(

so our plan is, run to state gov't for help, and in fact we have just got first approval from fund requisition from them recently, so very soon the first new lining is within sight, but let's pray that we will continue to receive kindness from them for the future requisition.

God, pls help us....