| (1) |
Management Company : |
Well Born Real Estate Management Limited |
| (2) |
Term of Appointment : |
Two years from the date of the
Deed of Mutual Covenant and the first year's Remuneration of
the Manager shall be the sum equivalent to ten percent (10%)
of the total Management Expenses. |
|
(starting from the date of the Deed of Mutual
Covenant) |
|
Residential Units : |
HK$1.88 (approx.) per sq. ft. (on gross floor area basis)
per month
for the 1st year |
|
|
HK$1.98 (approx.) per sq. ft. (on gross floor area basis)
per month
for the 2nd year |
|
Car Parking Spaces : |
HK$320 (approx.) per space per month |
|
Management Fees are to be paid on the date specified
in the Notice of Completion issued by the Developer to all
purchasers.
In the period between the issuance of Occupation Permit
and the issuance of Notice of Completion, modes of the property
management operation and the associated management fees are
to be agreed between the Developer and the Management Company,
the actual expenses incurred in the period are to be borne
solely by the Developer.
|
| (4) |
Payments upon Handover of Unit |
|
Management Fee Deposit : |
A sum equivalent to 3 months' Management Fee |
|
Initial Outgoings and Expenses /
Debris Removal Charges : |
A sum equivalent to 1 month's Management Fee |
|
Special Fund : |
A sum equivalent to 2 months' Management Fee |
|
Public Water & Electricity Meters : |
As required by the electricity supply company and Water Supplies |
| Remarks : |
| 1. |
|
It may be necessary for the Management
Company to revise the budgeted management fees upon issuance
of Occupation Permit since it is gauged on the level
of expenses and costs of the second quarter of 2006. |
|
|
|
| 2. |
|
Management fees in respect of all units are to
be paid in advance. |
|
