2 Answers

askguru expert
PropertyGuru
Replied Jan 15, 2021
Hi there, thanks for writing to us on AskGuru.

Maintenance fees are calculated based on the share values. For example, if the per share cost in a strata title development is $50 and you own five shares, your monthly maintenance fee is $250.

Here are the share value allocations

Groupings Share Value
1 - 50 sq m 5
51 - 100 sq m 6
101 - 150 sq m 7
151 - 200 sq m 8

After subsequent 50 sq m share value is 1

Horizon Green 3,196 sq ft is equal to 296.92 sq m which has a share value of 9.

For Horizon Green, the maintenance fee averages from around $450 onwards.

Horizon Gardens 2,873 sq ft is equal to 266.91 sq m which has a share value of 9.

For Horizon Garden, the maintenance fee averages from around $450 onwards.

Springhill 2,732 sq ft is equal to 253.81 sq m which has a share value of 9.

For Springhill, the maintenance fee averages from around $450 onwards.

Hope this answers your question.

Best Regards,

Team PropertyGuru
Aaron Chong
Aaron Chong
Replied Jan 13, 2021
Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead.

Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg