Showing posts with label Fire Insurance; News Flash. Show all posts
Showing posts with label Fire Insurance; News Flash. Show all posts

Important Strata Title Message

29th April 2012
As many of the resident may already know, Vista Bay Apartment Strata Title is out and as of now, the process of doing this is still ongoing. Do bear in mind that the residence are advise to proceed with the Strata Title transaction as soon as possible as crossing the dateline would be something that the resident would not like to do as there are penalty for those who are late.

From the notice that were given earlier, our own Vista Bay Apartment lawyer is the one handling the transaction and although this is not a compulsory for the owner to engage the lawyer, but then, it's still advisable  to do so with the lawyer. Speaking of our lawyer, please take note that the Lawyer, Daniel Lim & Co (Advocates and Solicitors) is no longer attached to Kwang Lim & Azni (Advocates and Solicitors). 
Therefore, any association between Daniel Lim to Kwang Lim & Azni is no longer valid and we hope that this confusion can clear the air during the process of doing the Strata Title transaction. If you have any doubts on this matter, please proceed to the management office to acquire or you can call directly to Daniel Lim as his handphone number is mentioned inside the notice given earlier.


Astro Byond - New Generation

4th April 2012
In today's apartment or condominium environment, unified form is always will be one of the agenda in
any discussion beside security. To have a unified form would mean to have an outlook of the place where it would be nice to look at rather then a place where everything look disorganized.

One of the facilities we have that can be catergorized as unified form is our centralise Astro system.
We have a build in network that strecthes from the top of the building till the lowest floor that houses our units. Meaning, by having only one dish to cater to all needs, we can avoid having a cluttered outlook of Astro dishes sticking out from our building. With this, many of the resident will able to enjoy our beloved channels from Astro without worrying about how the Astro dish would impact the outlook of the building but then, this does not come without a price.

Mainland Property is Booming


23rd March 2012
The value of land, and residential and commercial properties in Seberang Prai is certainly lower. The price for the most expensive landed property on the mainland may be just a fraction of a similar one on the island.
I  learnt that a fully-furnished bungalow in the posh and gated Park View Residence near the popular Juru Auto-City in central Seberang Prai was sold for RM1.6 million.
The buyer was a Penang island resident looking for a nice property in which to invest his millions.  
A real estate agent told me that  a fully-furnished bungalow on the island similar to the one this buyer bought in Juru would have cost him close to RM6 million, if not more.
Many people agree that the property market on the island  has gone “crazy”.
The prices and values of properties skyrocket  quickly due to high demand and speculation.
The word “affordable” can rarely be used to describe the kind of homes that are being built on Penang Island. Most are only affordable to the rich. Just look at the ongoing modern residential projects around us now and those in the pipeline. I think I do not have to list them down. We know them well enough.

Vista Bay In-house Documents


22nd March 2012
Managing an apartment building is not only about talking and carrying out the work to sustain the building maintenance, but also talking about documentation work as well. These documentations cover a lot of matter ranging from invoices on the task carried out to cheques that need to be paid to vendors and from meeting minutes documents to the letters that bear the JMB seal. All these are important and none of them are being neglected in our persue of having the best managed property in Penang.

If the owner would be able to noticed, there are no confidential information regarding the building management fund as well as meetingminutes are put up for public viewing. Even on the notice board, we do not really reveal all this to the public except for recent AGM meeting minutes. This is because, we believe that a lot stranger coming in to our place and getting information about our building
and effect certain judgement in delivering service to our place such as giving a higher price when doing something for us. Knowing this, we try to avoid all the internal building matters to be revealed out to the public and when we are talking about public, we meant non-home owners.

Vista Bay Apartment Security Improvement


7th March 2012
With the crime happening around us become more rampant than we can ever imagine, security has been push up to be the main focus in all residential area in and around Penang.
This focus was never a last item in Vista Bay Apartment agenda but then again, we are not ready to turn this place into a prison as well.

With this in mind, we have recently step up another security measure at our place and this time, our
focus is on the 3rd floor emergency escape staircase. This changes would somehow or rather, need to get use to but then, it will be a safe passage in the event of emergency for the residents and same goes to the
rescuers.

Whatever the case may be, the residents would need to bear in mind one thing, this 3rd floor entrance 
should ONLY be use in case of emergency and not for personal usage. As of now, the front and back entrance has been lock down and only can be use in case of real emergency. Any vandalism of the equipment will be dealt heavily by the local management as well as local police enforcement.

Like we said earlier, security is our main priority and all of our safety are our main concern.
With this, we all, residents, should act as a police officer as depeending on security equipment alone is not sufficient at all.

Transition Period

26th February 2012
It has been a smooth sailing for us all who is living in Vista Bay Apartment and for the past 2 and a half year, we have been living in a calm and mindful environment, to most, it's called home.

And for this past 2 1/2 hear, the Joint Management Committee has done all within it's power to protect and maintain the health of this building be it from outside source or within. AGM, Annual General Meeting has just past and collectively, we manage to pass a few resolutions and this of course, are agreed by all residents.
We are glad with the great turn out and  we do hope this kind of support will continue as we are not doing for ourselves only but for all of us, who called this place home.

One of the topic I want to point out during this meeting is that, we are basically on a transition, a transition of the view, wisdom and opinion of the people handling the place. As of now, the Chairman of the Joint Management Committee has decided to give way due to unforeseen reason and this has paved way to a new blood to lead the management after more than 2 years in helm.

2011-2012 VB Annual General Meeting (AGM)

11th January 2012
AGM is here again. This event is normally help once a year and by law, it should held not more then 15 months elapsed between each AGM. For Vista Bay Apartment, AGM is normally held either end of the year or early of the following year and this time, its the same.

In fact, the AGM for this time around has been postponed twice as we did not manage to get enough quorum to start one and since this coming AGM is the 3rd time being called, by law, this event will carry only and make certain decision whether we manage to attract enough quorum or not. So, for all residents of Vista Bay Apartment, do take note this date:

12th February 2012 (Sunday)
2.30pm
VB Multi-purpose Hall

It is advise that all the residents should attend this meeting to gain knowledge of how our apartment is doing and what will be done in future. Since this is your own property and own asset, it's essential that this knowledge is good to have rather than not. Basically we are going to talk about the updates of the building as well as appointments of a few new committee members. Besides that, we are going to touch on security measures that has been put in place and also about the financial health of the building management itself. To those who has question regarding the place they are occupying, this is also the place they can voice up. 

With this, I hope that all of the residents can make it to this event although i know that you are pretty happy with the place but nonetheless, taking time to know a little bit more about this place would not hurt at all.

Thanks


Building Fire Insurance

27th February 2011
Fire insurance is designed to provide protection against material damage to properties such as buildings, contents such as household equipment, fixtures and fittings. The policy covers the loss or damage caused by fire and lightning or damage caused by explosion of domestic boilers or gas used for domestic purposes. 

It's the time again that we would need to purchased our building fire insurance and this year, it has been done so a week before it expires. 

For house owner's information, the individual insurance policy is ready for collection in the management office and therefore, all residents are advise to proceed to the office and collect them before sending it to the bank for further process. Do take note that all residents are advise to make the fire insurance payment before collecting the individual insurance policy based on the calculation of your unit size. Thus, it varies from one home to another.


Do aware that for those house owner who is taking loans to purchase the unit, the bank would by default purchased another fire insurance for them unless they (the house owner) provide the copy of individual insurance policy to them within a stipulated time frame.


Therefore, to home owner, please take note on this matter. Proceed to the management office for the policy collection together with the payment.


Thanks