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Thread: Cheapest maintenance fee for MM unit

  1. #1
    Join Date
    Jun 2011
    Posts
    207

    Default Cheapest maintenance fee for MM unit

    Which MM project got the cheapest maintenance fee? What is the typical rate for maintenance fee for MM unit?

  2. #2
    Join Date
    Mar 2012
    Posts
    4,990

    Default

    I heard got $140 before for a brand new project

  3. #3
    Join Date
    Mar 2012
    Posts
    4,990

    Default

    Average should be 180-250 depending on location and facilities.

  4. #4
    Join Date
    Apr 2012
    Posts
    1,534

    Default

    Ya, those mixed development, if opt out carpark, could be as low as $150.

  5. #5
    Join Date
    Sep 2008
    Posts
    2,660

    Default

    Alexis, cannot fight. $80 bucks w/o cp

  6. #6
    Join Date
    Jul 2009
    Posts
    1,823

    Default

    The 1st year cannot count.
    Developer/MA are actively managing it due to 1 year warranty.

    Starting from 2nd year onwards, you will see the real picture.
    If no one wants to be actively involved in MC (common for MM projects), you will need to hire a full time Property officer (PO). That will see another S$30-S$50 increase.

    Now Security Guards, Cleaners, Utilities are all going up.
    Is S$200 (management fee) + S$100 (sink fund) acceptable for MM?

    Thanks,
    Richard

  7. #7
    Join Date
    Jun 2011
    Posts
    207

    Default

    what is sinking fund? so on top of monthly mainteance fee also must pay sinking fund? what is the typical rate?

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