More Condo Concerns
June 1st 2011 15:05
:
Condominium Construction
Today started out as another hot and humid day in my condo in Penang. By midday the temperature and humidity rose and concerns about living in a condo also rose. In a number of previous posts I detailed a problem I had with a neighbors plumbing leak seeping into my bedroom. I mentioned that each of the 8 units on my floor had major leaks. Today another neighbor discovered not one leak, but two leaks. One in the bathroom seeping down to two floors beneath and the other in the kitchen wall leaking to the outside. There was a constant trickle of water on the outside wall of the corridor. The same plumbing contractor who had been consulted on my problem was called, as he is extremely knowledgeable about the plumbing installed by the developer. He attributes the problems to the use of substandard plumbing material. According to him, even though there are government standards regarding plumbing, many developers pay someone off to look the other way. My condominium complex is only four years old, but the pipes (encased in concrete walls) are leaking or bursting at a surprisingly rapid rate. Here in Malaysia, I learned, there is only a one year warranty on home or condo construction. My heart goes out to my neighbors having to fix the leak.
Later in the afternoon I learned that the developer who built my complex is planning on constructing four high rise luxury condos,on the small vacant lot next door. There goes the seaview! Fortunately my seaview will not be effected Many of the residents, however, who were promised an unobstructedview will be effected. Because of the planned construction of these condos the property values of many units will plummet. If the owners wanted to sell their units they will have a very difficult time and will have to sell at a loss. This is not an uncommon situation here. Many people I know have been promised unobstructed views for long periods of time, but later learned the the promises were meaningless. The only advice I can offer to people looking to buy a condo with a view is "buyer beware".
Later in the afternoon I learned that the developer who built my complex is planning on constructing four high rise luxury condos,on the small vacant lot next door. There goes the seaview! Fortunately my seaview will not be effected Many of the residents, however, who were promised an unobstructedview will be effected. Because of the planned construction of these condos the property values of many units will plummet. If the owners wanted to sell their units they will have a very difficult time and will have to sell at a loss. This is not an uncommon situation here. Many people I know have been promised unobstructed views for long periods of time, but later learned the the promises were meaningless. The only advice I can offer to people looking to buy a condo with a view is "buyer beware".
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Comment by Luis
I just love the Char Kway Teow at the food stalls in Penang - probably the best I had in Malaysia.
Take care and keep blogging!
Comment by Watertown Wanderer
Malaysia Found
steve sovie
Retired Away