1 Answer

askguru expert
Hi Lim Lian Kiat, 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.

Wandervale starts from 958 sq ft which is equal to 89.00 sq m which has a share value of 6.

For Wandervale, the maintenance fee averages from around $300 onwards.

Hope this answers your question.

Best Regards,

Team PropertyGuru Read More

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