Wednesday, April 20, 2011

Lift Interiors Update

The state of lift interiors has been a bugbear for all of us from almost day 1.

Neither the developer or the previous management has addressed this issue to a satisfactory level and we are now left with the current situation.

Whilst it may be possible to get the developer to address the issue it’s also possible that we may have to bear the upgrade costs.

Worst case scenario is that between all of our blocks there are 27 lifts which will need interior work. The management has received an initial quotation for the works and the cost is high (>110k).

Further quotations are needed and more affordable approaches looked at.

Please rest assured that we all want this project happen asap however financial constraints are the main cause of the delays.

11 comments:

  1. Hi there,
    Do you mind to share more on our financial status as well? I mean the JMB account.

    Thanks,
    Anson

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  2. Anson, I'm putting together a Q1 2011 report which will contain some high level numbers and be available for download via the blog.

    The big issue outstanding is that the monies and accounts from day 1 to 31/12/10 have not been handed over yet by Setapak Heights, hence the funds are very tight.

    To date they not given a good reason for the delay after delay. Once this is settled and assuming that everything is in order then things should improve on the cashflow front.

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  3. Hi, thanks for your effort & prompt reply!
    Really appreciate it.

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  4. Are there any legal avenues we can explore to 'force' Setapak Heights to hand over the monies?

    If we have to, we should consider taking legal action otherwise we will never see the money.

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  5. The legal aspect is being looked into by the legal team at SPM.

    Legal action is very costly and is typically used a last resort.

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  6. Lift interior if it require change hopefully change it to something that cant be tear off

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  7. every month we are paying maintenance fee... n how come it is not enough to fix all those problem!!...do i need to calculate for u... fix the big stone rather than counting beans!

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  8. The repairs and upgrades have not happened due to a lack of funds and the developer not yet handing over the sinking fund monies.

    A service charge of 12cents per sq ft is not sufficient to cover the running costs of the condo.

    In the 2010 the management office proposed an increase in the service charge and it was rejected. I have been performing analysis of the income and expenditure for Jan-May 2011 and we are operating with an unsustainable deficit.

    For 2011 an increase will be proposed and it will be upto parcel owners to decide what level to accept.

    You are most welcome to contact us and we will be happy to hear your suggestion on how to finance the lift repairs.

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  9. there's something seriously wrong with the elevators (lifts). i can't comprehend why they are so slow even with 3 functioning units. most of the times it seems only 1 is working while the other 2 remain stationary. perhaps the elevator systems are wrongly configured.

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  10. Please can you send a report to the management office and cc the JMC (vwm.jmc@gmail.com) and remember to include your unit and contact numbers as well as the block impacted.

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