I’m not sure if this topic is still alive, but the insurance commission might just be the tip of the iceberg of this potentially corrupt company. As an owner of a property managed by this company, I am deeply concerned about how the unreasonably high strata fees and charges for so-called “services” are significantly jeopardizing the value of our property, especially as we are currently trying to sell.
This issue has become a significant point of frustration for me, particularly since our property doesn’t have amenities such as a pool or gym, which typically justify higher strata fees. Shockingly, upon reviewing the past BMC meeting minutes, I found these meetings were attended and dominated solely by the strata company. I’m unsure if this is legal, but it is certainly unacceptable.
As an investment property owner, I had never paid much attention to these details, and it seems most other owners also overlooked them. However, the unprofessionalism of the company raises concerns about possible unlawful conduct in their practices.
Happy to be contacted to provide details to anyone who are having the same problem or any investigation that is conducted by the media or government bodies.
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