2 Answers

askguru expert
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.

For 1,087 sq ft, it is equal to 100.99 sq m which has a share value of 7.

The maintenance fee averages from around $350 onwards.

As for the sinking fund, we advise you to check with the MCST.

Hope this answers your question.

Best Regards,

Team PropertyGuru Read More

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Aaron Chong
Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead.

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

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