we will call an EGM (extraordinary general meeting) in March, mainly for the renewal of fire insurance, at the same time, may also bring up other matters for residents to consider, or approval for implementation.
our current fire insurance policy will expire at the end of March, at this time we feel we should let resident to decide what kind of coverage they wish to have, especially for the last few years, our property value has jumped up so much!
in year 2009, when JMB jz took over the management from the developer, the insurance premium per unit was abt RM95, as those days the property value per unit in Vista was abt RM140k, then the following few years we kept it at the same rate but later on we forced to rise to RM105 as property value increased to abt 180k per unit, the reason of the rise of the insurance premium is to provide bigger coverage for resident's apartment shall fire happen in the unit, but early last year as property value has reached 220K per unit, we forced to increase the premium to RM125 per unit, this has caused some complaint from residents as they don't understand the reason of the increment on the premium, worse still, some residents have even speculated some hanky panky may have taken place in our dealing with the insurance matter.
so as now, property value has further increased to abt RM300k per unit, inevitably, the coverage need to be up again, in another words, premium will increase too. so this time we have got the insurance agent to quote us the coverage at few level, from 150k, 200k, 250k and 300k. Each level of coverage will come with different amount of premium, we will present the packages to residents for them to choose, and during the EGM we will try our best to explain to our residents the detail of the plan, we also may invite the insurance agent to attend the EGM, and if it's needed then we will get him to answer the question.
the MC will meet on this Sunday to discuss abt this, once finalized then the notice of meeting will be sent to our residents, we trust that our residents will make the best decision during the EGM.
thank you.
Friday, February 27, 2015
Monday, February 23, 2015
no posting...due to CNY holidays
hi guys, no posting this week, busy bringing our family members for CNY holidays function :)
Friday, February 13, 2015
some interesting facts abt water tanks installation
for past few weeks, we have been working like crazy for the water tank matters, checking around for the regulation concerning installing new waters, negotiating with vendor abt the trade in price for our existing tanks, even talked to him to see possible to install bigger tanks for our blk k (bigger than the unit quoted by him earlier), also try to anticipate possible situation during the installation of bew water tank....
after talking to experts & relevant authorities, some interesting facts like to share with our beloved residents...
- PBA & other authorities don't have right to instruct us what kind of tank or the volume of the tank we are going to install, at first we were quite concern abt do we need their approval for project like this, but after checking with few dept, we found it's MC & residents' right to choose what type (and size) of tank they want to use.
- the size of the tanks is not as important as the performance of the water pump in regard of making sure continuing supply of water to our residents, earlier on we did have concern that the new tanks may not be big enough compare to the existing tank, but after talking to few specialists who are well verse in this line, they said as long as the pumps are running smoothly, then we should not worry too much abt the size of the tanks, but of course we still prefer bigger tank for blk k as more units there, so now we are still pushing vendor to provide bigger tanks for blk k, but it also depend on how much is the additional cost, if we can afford then we should go ahead with the idea.
- fiberglass tank is consider new idea in Penang, at first we thought many apartments have already installed fiberglass tank, because recently we heard a lot abt this, but as we check around wish to see the real fiberglass tank, we found out so far only one apartment project in Jelutong has done so, most of the apartment in Penang still using the the traditional steer type or PV type, anywhere we were told by the vendor & our specialist that fiberglass tank are equally good as steer type, haha...hope so :)
still many things need to be finalized before the installation take place, this is to make sure smooth process when the work is commenced, for this is a big project indeed.
thanks.
after talking to experts & relevant authorities, some interesting facts like to share with our beloved residents...
- PBA & other authorities don't have right to instruct us what kind of tank or the volume of the tank we are going to install, at first we were quite concern abt do we need their approval for project like this, but after checking with few dept, we found it's MC & residents' right to choose what type (and size) of tank they want to use.
- the size of the tanks is not as important as the performance of the water pump in regard of making sure continuing supply of water to our residents, earlier on we did have concern that the new tanks may not be big enough compare to the existing tank, but after talking to few specialists who are well verse in this line, they said as long as the pumps are running smoothly, then we should not worry too much abt the size of the tanks, but of course we still prefer bigger tank for blk k as more units there, so now we are still pushing vendor to provide bigger tanks for blk k, but it also depend on how much is the additional cost, if we can afford then we should go ahead with the idea.
- fiberglass tank is consider new idea in Penang, at first we thought many apartments have already installed fiberglass tank, because recently we heard a lot abt this, but as we check around wish to see the real fiberglass tank, we found out so far only one apartment project in Jelutong has done so, most of the apartment in Penang still using the the traditional steer type or PV type, anywhere we were told by the vendor & our specialist that fiberglass tank are equally good as steer type, haha...hope so :)
still many things need to be finalized before the installation take place, this is to make sure smooth process when the work is commenced, for this is a big project indeed.
thanks.
Saturday, February 7, 2015
early challenges of the water tanks
after few rounds of discussion with the tank vendor, through face to face meeting & phone conversation, now we realise that to replace all the water tanks for Vista Condo is indeed a very tough job.
and the toughest one, is to replace the water tank at the ground floor of each block, for info, the ground floor water tank serve the purpose of keeping the water from PBA, before it's sent to the roof top tanks through the water pumps, in our case, our residents are using the water directly from the roof top tanks.
here the tricky part is, to replace one tank will take abt one week, so when the vendor is taking the one week for the ground floor tank, no water will supply to the roof top tanks, and the roof top tanks can only keep the water good for 2 to 3 days for our residents usage...headache!
one of the solution suggested by vendor seems more workable for our situation here is to put a temporary tank at the ground floor while installing the new tank, so that this temporary tank will do the job of keeping the water from PBA, and to this, the size of temporary tank should be similar to our existing tank, which is 8 ft(height) by 8 ft(length) by 12 ft(depth), if the size is too small then it can't keep up the pace of the water consumption by our residents, and in fact, the vendor is willing to provide the temporary tank to solve this problem, well, it will lead to another challenge ;)
where to place the temporary tank?
our existing pump room's space at the ground is just enough to cater for one tank, which means while the vendor is dismantling the old tank, the temporary tank got to be in place to take over the job, but as there no more space in pump room, we got to place the temporary tank outside the pump room, and bear in mind of the size, now we got find a right place for it....
it got to be somewhere very near to the pump because it need to connect to the pump & the control panel, another headache!
as we look at it, it will be most likely using the motorcycle parking area, or the air well next to the pump room, but we will wait for vendor to come and check again if these places is feasible for the purpose, hope that it's the right place for the temporary tank :)
let's continue to pray for the smooth process for the tanks installation, thanks.
and the toughest one, is to replace the water tank at the ground floor of each block, for info, the ground floor water tank serve the purpose of keeping the water from PBA, before it's sent to the roof top tanks through the water pumps, in our case, our residents are using the water directly from the roof top tanks.
here the tricky part is, to replace one tank will take abt one week, so when the vendor is taking the one week for the ground floor tank, no water will supply to the roof top tanks, and the roof top tanks can only keep the water good for 2 to 3 days for our residents usage...headache!
one of the solution suggested by vendor seems more workable for our situation here is to put a temporary tank at the ground floor while installing the new tank, so that this temporary tank will do the job of keeping the water from PBA, and to this, the size of temporary tank should be similar to our existing tank, which is 8 ft(height) by 8 ft(length) by 12 ft(depth), if the size is too small then it can't keep up the pace of the water consumption by our residents, and in fact, the vendor is willing to provide the temporary tank to solve this problem, well, it will lead to another challenge ;)
where to place the temporary tank?
our existing pump room's space at the ground is just enough to cater for one tank, which means while the vendor is dismantling the old tank, the temporary tank got to be in place to take over the job, but as there no more space in pump room, we got to place the temporary tank outside the pump room, and bear in mind of the size, now we got find a right place for it....
it got to be somewhere very near to the pump because it need to connect to the pump & the control panel, another headache!
as we look at it, it will be most likely using the motorcycle parking area, or the air well next to the pump room, but we will wait for vendor to come and check again if these places is feasible for the purpose, hope that it's the right place for the temporary tank :)
let's continue to pray for the smooth process for the tanks installation, thanks.
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