2 Answers

askguru expert
Hi Anonymous, thanks for writing to us on AskGuru.

A strata title development like Archipelago has a Management Corporation under the Building Maintenance and Strata Management Act to own and administer the common property via a monthly maintenance fee. They have share values where every purchaser buys an airspace plus an undivided share in land. The share value greatly influences how much is your maintenance fee. The share value depends on the floor size. The typical maintenance fee will be from $250 onwards.

Hope this answers your question.

Best Regards,

Team PropertyGuru Read More

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Aaron Chong
Hi Joo Soon, 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. By the way, it would be around $280 to $320 per month.

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

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