amount he pays for maintenance management of the company and and repairs, etc., is not always the building. clearly defined and, in at least
one
The accommodation provided in each apartment will comprise an entrance hall, living room, dining case that we know, there is
The only other expense incurred room, two or three bedrooms as no cooperation among the various by the investor in addition to the the case may be, two bathrooms owners of the flats in the building usual legal fees, stamp duties, and and two servants' rooms. The flats with respect to the cleaning and commissions payable to the pro- will be fully equipped with fitted maintenance of the staircases moting company, is a single cupboards, drying room, open coal and other common portions of the monthly charge payable to the fireplace and other fitments. A building.
company to meet the anticipated large verandah in the front part of cost of maintaining the property, each flat extends the full length In the proposed enterprise, how- including grounds and periodical of the living room and master ever, there is no ambiguity as to
external redecoration, mainten- bedroom. A self-operated lift will ownership or responsibility of
ance of lifts, public lighting, jani- serve the upper floors. A garage management. The building has been capitalised as a limited com- Rent and other sundries necessary
tors' cleaning, management, Crown space for each owner and a smail fenced children's playground will pany, the amount of shares to be
also be provided. acquired is a fixed sum depending order. This sum may be varied at to maintain the property in good upon whether the investor is ac-
Construction has started on the the discretion of the Directors to first block and it will be ready for quiring a two-bedroom type or a three-bedroom type of apartment. meet the increased or decreased occupation before the end of this These shares are freely negotiable cost of services. Government Rates year. subject to the articles of associa- and Landlord's Property Tax will tion, and there will be no bar on be payable by each flat owner. the sub-leasing of flats by the flat
owners.
Each Another feature is that
The General Managers are Messrs. Harriman Realty Co., block will comprise six Ltd., who were also responsible each investor will be entitled to three-bedroom and six two-bed- for the design of the new building. nominate a director to the board room flats, one of each type on The General Contractors are so as to have an active say in the each floor.
Messrs. Lun Sang & Company.
Jardine's
will put SCHINDLER lifts into the
JEC
&
tsan yuk hospital and tower court
THE JARDINE ENGINEERING CORPORATION, LTD.
14 -
Tel:38081