Lowyat.NET: Latest topics by minems

Regretted: Expensive to Invest in iCity (iBerhad)

minems — Wed, 03 Jan 2024 12:13:19 +0800

Part of iCity consist of iSoho (residence) , iSuite(residence), Centralwalk(residence), retail shoplot(own by iBerhad) and carpark running by a JMB team consists of iBerhad staff with majority of committees are iBerhad staff.

Instead of operate according to Strata Management Act, different accounts were opened and managed separately for different blocks under JMB (which is against the Strata Management Act 2013) but the yearly financially report was presented to residents as single account in the yearly report.

However in 2023 when the strata title is ready for perfection, the different accounts were presented for the very first time to resident and caught the resident in shock that all the residential blocks account are in deficit and requested to be increased of maintenance fee and sinking fund which is unjustifiable and unreasonable by 44% to 67% for residential blocks, but carpark reduced by 36%.

During the same year, the JMB hired Gather Management as consultant (lead by Kent Teo) forking out generous amount/month from the maintenance account which imho to manage the situation .

Resident had raised the concern to COB , COB had also done the visit and meet up with the Gather Management consultant and JMB (but all iBerhad staff JMC were absent) in Oct 2023. With that meetup, COB had requested icity JMB to revise to single rate and share 3 third party auditor to COB (for selection to audit the account) by 8 Nov (10 days after the meetup).

None of COB requests were attended by icity JMB at the time of writing, resident continue to suffer with the steep increased maintenance fee.

On top of that , the carpark had increase few times from rm30 to rm75 now.

It is very expensive and hard to invest an iCity property when the rental could never catch up with the increment.

Question on doorbell installation

minems — Tue, 22 Jun 2021 20:02:14 +0800

Picture 1 : the wires on the wall
Picture 2 : doorbell with 2 wires

I presume the doorbell one connect to the black wire and one to the yellow. But not sure why it didn't work. It rang after I on the main switch but didn't work when press the doorbell button.

Any one know why?

Picture 1 - [attachmentid=10911089]
Picture 2- [attachmentid=10911092]

[WTS] Hotlink Share-A-Top-Up 20% Off

minems — Sun, 08 Jan 2017 14:37:05 +0800

Item: Hotlink Share-A-Top-Up ( RM300 available)

Price: 20% off , RM100 credit cost only RM80 ( min. RM100/ purchase, appreciate no further nego)

VALIDITY PERIOD: For RM 100 - 5 days, read more on the link below

Dealing method: Maybank or CIMB transfer

Location of seller: Klang

Contact method/details: PM

Reason for sale: Too much unused credit

Read more : Hotlink Share-A-Top-Up

[WTR]Big built up 2 Storey Taman Sejati 5, Klang

minems — Mon, 09 Feb 2015 14:50:23 +0800

Sold Out

i-city isoho - short of ~0.9 sqft

minems — Sat, 20 Sep 2014 17:12:19 +0800

I recently bought a unit at icity isoho, it was clearly stated in the booking receipt the built up for the property is 805sqft. However, when i went to sign the S&PA today, the S&PA stated the unit is around 804.1 sqft short ~0.9 sqft. The property agent from GS Realty who sold me the unit said to me other unit also like that but other buyers signed without complaint...

Feel been cheated and what can I do?