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Mabroky Makes $4k Rent from Each Shop Through "Master Tenant"

makapaaa

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<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>First HDB flats with 10-year warranty
</TR><!-- headline one : end --><TR>Block 270A in Sengkang comes with Assure 3 warranty for three most common defects </TR><!-- Author --><TR><TD class="padlrt8 georgia11 darkgrey bold" colSpan=2>By Nur Dianah Suhaimi
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Senior Minister of State for National Development and Education Grace Fu and Pasir Ris-Punggol GRC MP Teo Ser Luck touring the newly completed Sengkang block yesterday. -- PHOTO: LIANHE ZAOBAO
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<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->The first Housing Board block to have a newly introduced warranty cover has just been completed.
Block 270A in Sengkang Central is the first to benefit from the Assure 3 scheme, which carries a warranty period of up to 10 years for the three most common defects found in HDB flats.
<TABLE width=200 align=left valign="top"><TBODY><TR><TD class=padr8><!-- Vodcast --><!-- Background Story --><STYLE type=text/css> #related .quote {background-color:#E7F7FF; padding:8px;margin:0px 0px 5px 0px;} #related .quote .headline {font-family: Verdana, Arial, Helvetica, sans-serif; font-size:10px;font-weight:bold; border-bottom:3px double #007BFF; color:#036; text-transform:uppercase; padding-bottom:5px;} #related .quote .text {font-size:11px;color:#036;padding:5px 0px;} </STYLE>What the Assure 3 warranty scheme covers: Defect: Ceiling leaks in the toilet and kitchen

Warranty period: Five years


</TD></TR></TBODY></TABLE>The warranty covers all flats launched by the HDB after April 2005. This is in addition to the standard one-year defect liability period.
The three most common defects, the HDB said, are ceiling leaks, water seepage and spalling concrete - a term for ceilings that crack when steel bars embedded in concrete corrode and expand.
Any of the three defects found in the new flats within this period will be rectified by the building contractor at no cost to the flat owners.
Like HDB flats launched before 2005, these new flats will be covered for the one-year defect liability period from the day owners collect their keys.
The 10-year warranty for spalling concrete and five-year guarantee for water seepage and leakage emerged from a challenge that then HDB chief executive Niam Chiang Meng threw to his staff in 2004, following a spate of defects in HDB units that year.
Speaking to reporters after visiting Block 270A in Sengkang yesterday, Senior Minister of State for National Development and Education Grace Fu said the warranty resulted from 'a lot of innovation, technology and engineering'.
She said the HDB is confident it will have 'very little, if any problems at all' with the new flats.
Flats launched before 2005 will not be offered the same warranty because improvements have to be done from the start, even before construction, she said.
Finance officer Poh Li Zhen, 27, collected the keys to her four-room flat in the block yesterday, and was happy to receive the Assure 3 warranty certificate.
She said: 'My mother's top-floor flat in Bedok frequently had water seepage in the kitchen and living room. So I'm glad my flat comes with this warranty.'
Another new initiative tried out by the HDB at the Sengkang Central estate is the leasing out of all the neighbourhood's commercial facilities to a single tenant.
The sole 'master tenant', Kopitiam, sublets the 2,315 sq m of commercial space to other tenants, which include a FairPrice supermarket, bakery shops and a Chinese medical hall.
Said an HDB spokesman: 'The master tenant, being financially more resourceful, is able to react faster to changes in market demands.'
Kopitiam is already engaging residents in the area through the online portal, www.sengkang.com
The supermarket and two food courts are open 24 hours at residents' request.
Kopitiam's assistant director of operations and business development, Mr Jeffrey Lim, said it charges about $4,000 rent for each shop.
[email protected]
What defects have you discovered in your HDB flat? Send your comments to [email protected]
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chinkangkor

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One-year or ten-year warranty, you got a choice?

Rich enough to buy condo, terrace houses, semi-detached, bungalows?
 

chupacabra

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So HDB is admiting that their flats are defective. Why only now got warranty? Are they planning to raise prices for their new flats? Fuckers cannot be trusted at all man.
 

makapaaa

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Asset
So HDB is admiting that their flats are defective. Why only now got warranty? Are they planning to raise prices for their new flats? Fuckers cannot be trusted at all man.

If one could recall, the 154th was showing how the Peasants could literally pull out entire slabs from the parapets along the corridors. And it's not too long ago the Peasants compraining tiles exploding upward in Mabroky's "premium" pigeonholes. And this is the kind shit the Peasants get after being made to be in debt for their whole lifetime to service the 99-year rent and upkeeping the BEST PAID govt in the world!
 

Lentor

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If one could recall, the 154th was showing how the Peasants could literally pull out entire slabs from the parapets along the corridors. And it's not too long ago the Peasants compraining tiles exploding upward in Mabroky's "premium" pigeonholes. And this is the kind shit the Peasants get after being made to be in debt for their whole lifetime to service the 99-year rent and upkeeping the BEST PAID govt in the world!

not to say the risk of getting hit by unknown flying objects while walking below the pigeon holes,sometimes in the form of human body!
 

johnny333

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Asset
Would people be able to claim for mistakes made by HDB? :confused:
Such as those windows with aluminum pins, originally installed by HDB ?
 

chinkangkor

Alfrescian
Loyal
Why only now got warranty?

HDB is giving 10-year warranty because they are more confident that the flats built now are less likely to have defects within the first 10 years.

In other words, in the past, HDB knew about the defective problems and chose to give a 1-year warranty period so that HDB could not be held to be responsible as a developer of HDB flats.
 
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