2 Answers

askguru expert
Hi Kay Kay Tan, 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.

Jervois View starts from 2,400 sq ft which is equal to 222.97 sq m which has a share value of 9.

For Jervois View, the maintenance fee averages from around $450 onwards.

Hope this answers your question.

Best Regards,

Team PropertyGuru
Aaron Chong
Hi Mr Tan,

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