here's our situation:
i live in a subdivision in antipolo and our source of water is supplied by a deepwell and operated by the developer. since the developer will not be able to renew a permit to operate a deep well then they have to give way to manila water for them to supply and operate our water system. without much notification from the homeowners, there was a MOA created among manila water, officers of the HOA and the developer. based on the MOA we have to pay the following: (approximate)
1. Downpayment = Php 1,620
2. Monthly for 18 months on top of the consumed water = Php 560

Overall roughly Php 10,000.

Questions:
1. Is this over priced? Most of ive ask is around 6-7 thou only.
2. If over priced, me under the table negotiation kaya dito? (tsismis lang ito)
3. If over priced, legal ba itong ganitong transaction?

appreciate your comments please.