Property & Co 2nd Session - July 2011

After 2 days of content-packed, fun-filled sharing session, we have successfully completed the 2nd sharing session by Property & Co.  This time, we had a change of venue which is conveniently located near LRT and monorail stations.  And we have a special guest speaker, AE, who shared his experience and tips from the bottom of his heart.
All in all, another fun and successful session with loads of positive feedback. The presentations were serious and fact-packed.  But the intervals were fun and relaxing, like this exercise session to wake participants up.

Strange TNB bill at the Domain

In June, the Laketown manager contacted me and said they finally managed to transfer the owners' name from Laketown to me on the TNB bill.  For that TNB has taken Laketown's deposit for the current month's bill.  It so happened that my tenants had paid the TNB bill as well.  So this month's bill should reflect a double payment.

But when July's bill came, there was no credit in it, only the amount to pay for July.

And the best part is, while the name has been changed from Laketown, the owner's name is not my name!

This is strange because when the manager emailed to me the acknowledgement, the owner's name was mine.

I have written to En. Jauhari to clarify the matter, let's see what his answer is to solve the problem.

Domain Neocyber, Water Clamping Notice

Today my Domain tenant informed me that there is water clamping notice in the post-box.

When I called the management office, apparently my tenants were owing 2 months' water bill and I owed the current July-Sept maintenance fees - total amounting to >RM700.
However, my tenants cleared the water bill 2 months ago, and I was submitting the payment for maintenance in this 2 days, so the whole affair was a storm in a teacup.  Imagine the panic it caused my tenants.
The management is very strict about collecting fees, which is good, but not good at updating records, which is poor.

Choosing a Commercial Shop

Here is one point that I learnt from Dr Peter Yee regarding choice of commercial shop.

Photo  courtesy of Auswandern Malaysia http://www.flickr.com/photos/carworld/

For example, a shop which has the TNB box or tree right in front is less desirable if you have other choices.  It tends to block the frontage of the shop making it less visible to patrons.  Just one of the points to consider when choosing commercial property ;-)