好几百万的身家没钱给 management fee ?
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Are these ‘condo’ owners idiots or bastards ? Rich enough to buy million dollars condo but complaining about petty condo management fees ?
- Thread starter ChinaCommunistSG
- Start date
Residents of Parc Komo at Upper Changi Road North contacted CNA about a similar rise in their fees. The freehold mixed-use development has 276 residential units and was completed in June.
Maintenance fees – which go towards the estate's upkeep and amenities as well as one-off costs such as repainting and lift replacement – are paid by all condo owners, and are typically higher at projects located in prime districts or for larger units within the same development.
At Parc Komo, the fees were initially marketed at between S$327 (US$246) for a one-bedroom unit and S$522 a month for a five-bedroom home.
But when residents received their Temporary Occupation Permit (TOP) letters from developer CEL Development, the maintenance fees they had to pay were up to 65 per cent higher.
One resident in his 40s had bought a two-bedroom unit for which the estimated monthly fee was S$392. However, he ended up paying S$646.
Maintenance fees – which go towards the estate's upkeep and amenities as well as one-off costs such as repainting and lift replacement – are paid by all condo owners, and are typically higher at projects located in prime districts or for larger units within the same development.
At Parc Komo, the fees were initially marketed at between S$327 (US$246) for a one-bedroom unit and S$522 a month for a five-bedroom home.
But when residents received their Temporary Occupation Permit (TOP) letters from developer CEL Development, the maintenance fees they had to pay were up to 65 per cent higher.
One resident in his 40s had bought a two-bedroom unit for which the estimated monthly fee was S$392. However, he ended up paying S$646.
What is $600 dollars when you are paying for $3mil condo ?
Many of these condo management companies are linked to SME who are also PAP grass roots
What is the justification for a 65% increase?
These people have been conned to strive to purchase a condo unit in Sg. One of the 5 Cs.
Do opposite what the govt tells and hints u to do, and u will do great. This is called self love and self protection. One example, the vaccine.
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penny wise pound foolish.
Sinki damned cham and foolish. Go JB pump petrol xiasuay buy condo cannot afford mgmt fee. All take high loan live high ses life. Go drive thru eat mcd cos buay gum pay parking.
The rise in estate management fees will eat into our rental profits. No choice. Got to raise rent next year by at least 30%.
These hdb upgarders are totally an embarrassment. You can take retard Sinkiers out of hdb but you cannot take hdb mentally out of retard Sinkies.
Parc Komo is a small condo located in a shit area.
A real high SES area is nowhere near a major road, and there is no bus stop near it. For example, Ridout Road. Bishopsgate, Chancery Lane, Nassim Road, Queen Astrid Park. Noticed something? All the locations I mentioned are in the central region.
A real high SES area is nowhere near a major road, and there is no bus stop near it. For example, Ridout Road. Bishopsgate, Chancery Lane, Nassim Road, Queen Astrid Park. Noticed something? All the locations I mentioned are in the central region.
Very soon more people will resort to 躺平
Lall these sell hdb, then buy ec n condo, kpkb for fuck , cannot afford just stay hdb, damn cb n xia stay no class want to act high class,lol
exactly. And they rip the election too. They have been cheating in the election for many years. Election department report to prime minister. go figure that.
It's a lot when you are still paying loans fur the purchase.
But compared to landed properties, it's humongous.
I believe there enacted rules allowing only a select few to manage these premise.
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