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 170% Increment of Service Maintenance Fees, Attention to ThePlace Owner

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aaron1717
post May 7 2018, 02:45 PM

Chui Shui in Property Manyak Best!
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nothing u can do... EGM already passed the voting liao... just have to accept it... 0.15 is quite low considering inflation and increase in expenses nowadays... but going by your per sq ft calculation... its indeed on the high side... alot of investors din pay maintenance fees kot...
aaron1717
post May 7 2018, 03:12 PM

Chui Shui in Property Manyak Best!
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QUOTE(corleone74 @ May 7 2018, 03:11 PM)
no strata title ever pay by per sft larr, always by share value. if you buy a tiny unit 500 sft, of course psft your maintenance will be high, similar to the $/psf when you buy the unit too.
the expenditure and projected maintenance and amenities / systems ammortized over it's respective lifespan always calculated back to the total share value, it's standard mah. Very normal for condo.
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my another subsales condo... now still paying by per sq ft leh... 0.15 cent per sq ft since completed 20 years ago til now... but hearsay maintenance fees going to restructure soon...
aaron1717
post May 7 2018, 03:44 PM

Chui Shui in Property Manyak Best!
********
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10,188 posts

Joined: Apr 2012
QUOTE(corleone74 @ May 7 2018, 03:33 PM)
eh ya lar hehehe sorry sorry i got confused , my property in msia also psft paiseh .
those in singapore is by share value.
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but anyway my point is, no choice mah. security fee, landscape fee, repair all going up, surely maintenance also go up mah.
214 / month i don't consider unacceptable.
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yeah.. thats what i told the TS too... somehow its hard to maintain the facilities with only 0.15 per sqft when everything else increased with inflation... tambah the possibility of alot owners not paying the maintenance fees as well... generally nowadays 0.35 and above psqft is a norm already for new condos...

 

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