For a 3-bedroom condo in Singapore, you can expect monthly maintenance fees to range from $300 to $500, depending on the location and facilities.
- Mass-market condos (Outside Central Region): $250–$400 per month
- Mid-tier condos (Rest of Central Region): $300–$500 per month
- Luxury condos (Core Central Region): $600–$1,200+ per month
What affects your maintenance fee:
The amount you pay is based on your unit's share value rather than a flat rate across all units. Larger 3-bedroom units typically have higher share values and thus pay more than smaller units in the same development.
Other factors influencing fees include the building's facilities (concierge, pools, gyms), project size, age, and management efficiency. Smaller boutique developments with fewer than 200 units generally have higher per-unit costs, while larger developments spread expenses across more owners.
What maintenance fees cover:
Your monthly payment goes into two funds managed by the MCST (Management Corporation Strata Title):
- Management Fund: Day-to-day costs like cleaning, security, utilities, and landscaping
- Sinking Fund: Long-term capital expenses such as repainting, lift replacement, and waterproofing
These fees are non-negotiable and apply to all owners regardless of facility usage. Collection is typically done quarterly, though some MCSTs collect monthly or semi-annually.
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