Monthly Maintenance Fee

[jbond]

Is there any website where I can check the monthly maintenance fees for all the condos/apts in Singapore?

[teddybear]

Forumers here should be able to provide a compiled list? :D


Is there any website where I can check the monthly maintenance fees for all the condos/apts in Singapore?

[sfwoo]

If you dun have a target, where are you going to aim?

[mcmlxxvi]

Waiting for jbond to compile lor

[roly8]

i wonder what is the average cost too...

:o

[DC33_2008]

Maintenance fee varies quite a bit from development to developement. Some have to pay additional for parking while others lease out parking space to subsidize the maintenance fee.

[rattydrama]

jbond, which district of interest and we forumers can start.

[vip]

There is no website to check the maintenance fee. You can find out by:

1) Calling up the condo management office and ask; or

2) Checking with the agent/owner in every flat viewing.

As a general rule of thumb:

1) The smaller the unit size, the lower the no. of shares, the lower the maintenance

2) The more units in the condo, the lower the maintenance

3) The more facilities in the condo, the higher the maintenance

4) The more "high-end" the condo, the higher the maintenance

Maintenance fee can change from time to time, depending on the approval of the committee at the annual meeting.

I have one property bought for 7 years and still pay the same fee. Another one bought for 5 years but maintenance increased 3 times in 3 years.

[DC33_2008]

Do you mean the sinking fund portion that was increased?
There is no website to check the maintenance fee. You can find out by:

1) Calling up the condo management office and ask; or

2) Checking with the agent/owner in every flat viewing.

As a general rule of thumb:

1) The smaller the unit size, the lower the no. of shares, the lower the maintenance

2) The more units in the condo, the lower the maintenance

3) The more facilities in the condo, the higher the maintenance

4) The more "high-end" the condo, the higher the maintenance

Maintenance fee can change from time to time, depending on the approval of the committee at the annual meeting.

I have one property bought for 7 years and still pay the same fee. Another one bought for 5 years but maintenance increased 3 times in 3 years.

[jbond]

jbond, which district of interest and we forumers can start.
Thanks, all!

I am looking at District 18. Had recently sold my Eastpoint Green condo (3+1). It's monthly fee was $256.

[rattydrama]

sorry no contribution from me.

[jwong71]

Vista park 797sqft 1bedder $180,
Melville park 1044sqft 2bedder $173,
the Infiniti 1238sqft 3bedder $320,
the waterside 2400sqft 4bedder $500.

Maintance fees varies sizes.

[proud owner]

Vista park 797sqft 1bedder $180,
Melville park 1044sqft 2bedder $173,
the Infiniti 1238sqft 3bedder $320,
the waterside 2400sqft 4bedder $500.

Maintance fees varies sizes.


Palisades 2900 sqft $800

[vip]

Do you mean the sinking fund portion that was increased?

It can be the management fund or the sinking fund.

[devilplate]

It can be the management fund or the sinking fund.

usually sinking fund....especially for smaller developments

first yr maintenance fees sure low low one...den later on very likely to increase by 50%

[rattydrama]

so all these fees quoted here include sinking fund? Maybe just split bah A+ B = C computation.

[devilplate]

so all these fees quoted here include sinking fund? Maybe just split bah A+ B = C computation.

when u buy from developer...they quote u A maint fee...1yr after TOP...inclusion of sinking fund is quite substantial

[Sprouts]

Sorry for digging up an old thread. Anyone can give an idea how much is healthy for the sinking fund for the whole project, that is 5, 10, or 20 yrs old?? Trying to find out the likelihood of monthly fee increasing for different places.

[Geylang OKT]

Hmm..... so the prices of properties are coming down wor... how about the maintenance prices? Very unlikely, as older devts require more maintenance :hell-hath-no-fury:

[ysyap]

Hmm..... so the prices of properties are coming down wor... how about the maintenance prices? Very unlikely, as older devts require more maintenance :hell-hath-no-fury:Not necessarily older developements need higer maintenance fee coz they have accumulated sufficient sinking funds for various reno and refurbishing works. My 18 yr old condo only collects $280/mth. More importantly is the number of units in the development.. less units = higher fee... :p

[marktkt22]

Hi, for an apartment, small wwsizwed, 20 residents, with just pool, what normally need to derive the sinking fund?

[Rosy]

Hi, for an apartment, small wwsizwed, 20 residents, with just pool, what normally need to derive the sinking fund?
A condo manager will be able to advise you. Should be around $100/mth

[lajia]

What's the diff between management fund and sinking fund and who decide it after 1 yr?

[marktkt22]

A condo manager will be able to advise you. Should be around $100/mth

Thanks for feedback

[rattydrama]

What's the diff between management fund and sinking fund and who decide it after 1 yr?

Proposed by MCST and supported by MC...

[marktkt22]

What's the diff between management fund and sinking fund and who decide it after 1 yr?
Mgmt fund for every day running cost.
sinking fund for repair or new thing

[anythingwhatever]

Bump... Any updates on the more recently TOP/Development projects? :)

[starrynight]

Martin Modern: I recall the agent saying that 2-bedder will be around SGD405/mth

[teddybear]

Can't trust maintenance fund figure for new estate because they can just change drastically (UP) after a few years..................


Martin Modern: I recall the agent saying that 2-bedder will be around SGD405/mth

[anythingwhatever]

Bump... Any updates on the more recently TOP/Development projects? :)

From what I know, both Sims Urban Oasis and TRE Residences charge around $300-350 per month, for 3-4BR units.

[anythingwhatever]

Maybe you want to start a new thread on maintenance fee and all can chipped in so that we can have a good benchmark of who is charging what for the size of development, facilities etc.
Eg Cosmopolitan 2bdrm as you mentioned is $733, we can find out what comparable projects (eg Urbana, Trillium etc) in the vicinity is charging to compare.

Any other projects (including the older ones) to share with?

Feel free... :)

[Khng8]

Still have to add sinking fund?

[anythingwhatever]

From what I know, both Sims Urban Oasis and TRE Residences charge around $300-350 per month, for 3-4BR units.

Attached is for Sims, $305-357 per month.

[Arcachon]

https://www.facebook.com/groups/917833728302212/

[tonymontana]

Attached is for Sims, $305-357 per month.

sims urban not TOP yet, so is that an indicator? Seems a bit ex to me given that SUO has got a thousand units, am i right?

but we also have a newer condo with 350 units, maintenance is about that.

our older condos maintenance is lower, about 250 p.m. Less number of units some more.

for my oldest project, is less than 200 units but when comes time for repainting, MCST has no choice but to charge SP a special levy. when i first bought this condo the maint fee was 180$ only, seems so cheap now.

[anythingwhatever]

sims urban not TOP yet, so is that an indicator? Seems a bit ex to me given that SUO has got a thousand units, am i right?

but we also have a newer condo with 350 units, maintenance is about that.

our older condos maintenance is lower, about 250 p.m. Less number of units some more.

for my oldest project, is less than 200 units but when comes time for repainting, MCST has no choice but to charge SP a special levy. when i first bought this condo the maint fee was 180$ only, seems so cheap now.

What are the projects mentioned above? :)

Another spectrum, super low maintenance at Alexis:

https://www.google.com.sg/amp/www.asiaone.com/business/high-maintenance-fees-not-condo%3famp

[smellyfish]

Usually in first year, the maintenance fee is v Low because the m&e and all equipment still has free servicing or warranty and the estate is still under defect lisbility period. The MA may even have a surplus. so first year maintenance is not a good gauge as well.

Also going forward, there is min wage for Cleaners and security Guards and water is going up by 30% so there is only one way maintenance eill go.

[bolster]

Challenging as every year during the Agm, the amount will change.

The more landscaping, the higher the cost....
The less the unit, the higher the cost.

Cluster house maintenance fee can be as high as $1k.