7 Answers

Hi,

I would be most glad to assist you further and pls 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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My Answer with regards to your Question:

In Singapore, maintenance fees for condominiums, also known as service or management fees, play a crucial role in the upkeep of common areas and facilities within the condo development. Here are key points related to maintenance fees for condos in Singapore:

Purpose:

Maintenance fees are collected to cover the costs associated with the maintenance, repair, and operation of common areas and shared facilities within the condominium.

Calculation:

The calculation of maintenance fees is typically based on the share value of each unit in the development. The share value is determined by factors such as the size and type of the unit.

Frequency:

Maintenance fees are usually payable on a monthly basis. Residents are required to make these regular payments to contribute to the overall upkeep of the condominium.

Inclusions:

Common inclusions covered by maintenance fees in Singapore condominiums may include landscaping, cleaning and maintenance of common areas, security services, pest control, and insurance for common property.

Variability:

Maintenance fees can vary from one condominium development to another. Factors influencing the variability include the scale of facilities provided (e.g., swimming pools, gyms), the level of security services, and the overall operating budget of the condo.

Management Corporation (MC):

The Management Corporation Strata Title (MCST) is responsible for the collection and management of maintenance fees. The MCST is typically formed by residents or property owners, and it oversees the financial aspects and decision-making related to the maintenance of the condominium.

Obligation:

Payment of maintenance fees is a legal obligation for condo owners. The failure to pay may result in penalties or restrictions on accessing certain facilities.

Transparency:

Condo residents are entitled to transparency regarding how maintenance fees are utilized. The MCST is required to provide regular financial statements and updates on maintenance activities.

Residents should familiarize themselves with the specific rules and regulations related to maintenance fees outlined in the condominium's bylaws and house rules. This information is crucial for understanding the obligations and benefits associated with living in a condominium in Singapore.

Unfortunately, this platform doesn't allow me to direct contact you.

You can reach me at https://wa.me/6598569255.

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Good afternoon.

You didn't state which condo maintenance fees you are enquiring on. If you would like to know, you may Whatsapp me directly.

Bhavina Kaur | Propnex Realty
M: +65 91708295  Read More
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Hi Sir/Madam

How many bedrooms are you looking at?

Are you looking to purchase?
If you have any specific requirements or preferences for your new house, feel free to let me know, and I'll be happy to assist you further.

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I won't be able to contact you first from PropertyGuru
Appreciate if you can contact me at (65) 9 6 6 0 8 5 0 8
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More
1
Tan Pei Cheng (Pei)
Hi
I would be glad to assist you.
Feel free to contact me at wa.me/6597100155 .
Hope to hear from you soon.
Pei
Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd

https://linktr.ee/peiproperty
https://r011838b.propnex.net Read More
1
Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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