1 Answer

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

300 sq ft is equal to 27.87 sq m which has a share value of 5.

For Claymore Plaza Apartments, the maintenance fee averages from around $250 onwards.

Hope this answers your question.

Best Regards,

Team PropertyGuru Read More

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