Buying real estate in Malaysia?

We've created a guide to help you avoid pitfalls, save time, and make the best long-term investment possible.

What is average maintenance fee for condo in Malaysia?

Last updated on 

Authored by the expert who managed and guided the team behind the Malaysia Property Pack

buying property foreigner Malaysia

Everything you need to know before buying real estate is included in our Malaysia Property Pack

Condo maintenance fees in Malaysia range from RM 0.25 to RM 0.70 per square foot per month, with most properties in Kuala Lumpur, Penang, and Johor Bahru charging between RM 0.30 to RM 0.50 per square foot monthly.

Understanding these costs is crucial for property buyers as maintenance fees represent a significant ongoing expense that can impact your investment returns and monthly budget. The total monthly cost includes both maintenance fees and sinking fund contributions, typically adding 10% on top of the base maintenance charge.

If you want to go deeper, you can check our pack of documents related to the real estate market in Malaysia, based on reliable facts and data, not opinions or rumors.

How this content was created 🔎📝

At BambooRoutes, we explore the Malaysian real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Kuala Lumpur, Penang, and Johor Bahru. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

Which city or neighborhood in Malaysia are you looking at, and what's the typical maintenance fee range there?

Malaysia's condo maintenance fees vary significantly by location, with Kuala Lumpur commanding the highest rates at RM 0.35-0.70 per square foot per month in prime areas like KLCC and Mont Kiara.

Penang Island condos typically charge RM 0.30-0.60 per square foot monthly, with Georgetown and Bayan Lepas properties at the higher end due to their proximity to business districts and international amenities. Seafront properties in Gurney Drive and Tanjung Bungah command premium rates of RM 0.45-0.80 per square foot monthly.

Johor Bahru's condo market shows more moderate pricing at RM 0.25-0.50 per square foot per month, with Iskandar Malaysia developments generally charging RM 0.30-0.45 monthly. City center properties near CIQ and Austin Heights typically fall in the RM 0.35-0.55 range per square foot.

Secondary cities like Ipoh, Kota Kinabalu, and Kuching offer lower maintenance costs ranging from RM 0.20-0.40 per square foot monthly. Shah Alam and Petaling Jaya condos generally charge RM 0.30-0.50 per square foot, positioning them between KL premium rates and secondary city pricing.

It's something we develop in our Malaysia property pack.

What is the posted service charge for your specific condo, and what does that cost monthly for your unit size?

The posted service charge appears on your strata management's monthly billing statement as a rate per square foot, typically ranging from RM 0.30-0.60 for most Malaysian condos as of September 2025.

For calculation purposes, multiply the posted rate by your unit's built-up area. A 1,000 square foot unit with a RM 0.40 per square foot charge equals RM 400 monthly. A 1,500 square foot unit at the same rate costs RM 600 monthly.

Luxury condos in KLCC or Mont Kiara may post rates of RM 0.70-1.20 per square foot, meaning a 1,200 square foot unit costs RM 840-1,440 monthly. Budget condos in older buildings or suburban areas typically post RM 0.25-0.35 per square foot, translating to RM 300-420 monthly for the same unit size.

The posted rate usually remains fixed for one year, with annual reviews conducted by the Joint Management Body or Management Corporation. Rate changes require majority approval from unit owners and typically reflect inflation adjustments or increased utility costs.

What exact built-up area should you consider for calculating your monthly fee?

Use your strata title's certified built-up area for maintenance fee calculations, not the saleable area or carpet area mentioned in marketing materials.

Built-up area includes your unit's interior space plus a proportionate share of common areas like corridors, lift lobbies, and stairwells. This figure appears on your individual strata title and purchase agreement, typically 10-15% higher than the unit's internal floor area.

Malaysian condos commonly offer these built-up area ranges: studio units (450-600 sq ft), one-bedroom (650-900 sq ft), two-bedroom (900-1,300 sq ft), three-bedroom (1,200-1,800 sq ft), and penthouses (2,000-5,000+ sq ft). Verify your exact square footage before making calculations.

Service apartments and mixed-use developments may calculate fees differently, sometimes including retail or commercial common areas in the built-up calculation. Always confirm the calculation method with the developer or management office to avoid surprises.

Which services are included in the maintenance fee, and what items are billed separately?

Service Category Typically Included Typically Separate (Monthly Cost)
Security & Access Guards, CCTV, access cards Additional access cards (RM 20-50/year)
Cleaning & Maintenance Common areas, lifts, pools, gym Unit interior cleaning (RM 150-300/month)
Utilities Common area electricity/water Unit utilities (RM 80-200/month)
Landscaping Gardens, plant maintenance Private balcony services (RM 50-150/month)
Management Administration, accounting Move-in/out fees (RM 200-500/event)
Insurance Common area coverage Unit contents insurance (RM 200-800/year)
Parking 1-2 bays for premium units Extra bays (RM 50-200/month)

How many car park bays come with your unit, and what are the additional parking costs?

Most Malaysian condos include one covered parking bay for units above 1,000 square feet, while smaller units may require separate parking rental agreements.

Luxury condos typically provide two parking bays for units above 1,500 square feet, with some penthouses including three or more spaces. Budget condos and older buildings often charge separately for all parking, regardless of unit size.

Additional parking bay rental costs vary significantly by location: KLCC and Mont Kiara charge RM 150-300 per bay monthly, Penang Island properties charge RM 80-200 monthly, and Johor Bahru condos typically charge RM 50-150 per bay monthly. Visitor parking usually costs RM 5-15 per day when available.

Some condos offer long-term parking purchase options, allowing you to buy additional bays for RM 30,000-150,000 depending on location and building prestige. Check your Sale and Purchase Agreement for specific parking entitlements before assuming costs.

It's something we develop in our Malaysia property pack.

Don't lose money on your property in Malaysia

100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.

investing in real estate in  Malaysia

What is the sinking fund rate and monthly amount for your unit?

Malaysia's Strata Management Act requires all condos to maintain a sinking fund equal to 10% of the monthly maintenance fee, collected alongside your regular service charges.

The sinking fund calculation is straightforward: multiply your monthly maintenance fee by 0.10. A unit paying RM 500 monthly maintenance contributes RM 50 to the sinking fund, while a RM 800 monthly fee includes an RM 80 sinking fund contribution.

This fund covers major repairs and replacements not included in regular maintenance, such as lift overhauls, roof repairs, swimming pool renovations, and building facade maintenance. The Management Corporation controls sinking fund expenditure and requires owner approval for large expenses exceeding RM 10,000.

Sinking fund balances accumulate over time and cannot be refunded to individual owners. When selling your unit, the buyer benefits from existing sinking fund contributions without reimbursing you for your past payments.

Is SST applied to maintenance and sinking fund charges?

Residential condo maintenance fees and sinking fund contributions are generally exempt from SST (Service and Sales Tax) under Malaysia's current tax structure as of September 2025.

Commercial condo units face 6% SST on sinking fund contributions, but not on regular maintenance charges. Mixed-use buildings may apply SST selectively based on unit classification, so verify your unit's residential status in the strata title.

If SST applies to your situation, calculate the additional cost by multiplying applicable charges by 0.06. For example, RM 800 in monthly charges subject to SST would add RM 48 monthly (RM 576 annually) to your costs.

Property management companies must clearly itemize any SST charges on monthly statements. Contest any unexpected SST applications by requesting written justification from your Management Corporation and consulting with local tax authorities if necessary.

What other recurring charges should you expect beyond maintenance and sinking fund?

Access card replacement and annual fees typically cost RM 20-50 per card yearly, with most condos requiring separate cards for residents and domestic helpers.

Unit contents insurance ranges from RM 200-800 annually depending on coverage amount and location, though this remains optional for most residential units. Fire and flood coverage costs more in ground-floor units and areas prone to natural disasters.

Administrative fees for document processing, legal notices, and account management typically add RM 10-30 monthly to your bill. Some management companies charge separate accounting fees of RM 15-25 monthly for detailed financial reporting.

Move-in and move-out deposits range from RM 200-500 per event, usually refundable within 30 days if no damage occurs. Renovation deposits typically cost RM 1,000-5,000 and may be held for 3-6 months depending on project scope.

Club membership fees apply to condos with exclusive recreational facilities, ranging from RM 50-300 monthly depending on amenities offered. These fees often include pool, gym, tennis court, and function room access.

How often do maintenance fees increase, and by what percentage?

Malaysian condo maintenance fees are reviewed annually, with most increases occurring in January following the previous year's budget approval by unit owners.

Historical data shows average annual increases of 3-7% over the past five years, primarily driven by utility cost inflation and minimum wage adjustments for security guards and maintenance staff. Premium condos with extensive facilities often see higher increases of 5-10% annually.

Older buildings may experience larger sporadic increases when major system replacements become necessary. A 15-year-old condo might increase fees by 15-25% in a single year to fund lift modernization or fire safety system upgrades.

Economic factors significantly impact increase patterns: the 2020-2022 period saw minimal increases due to COVID-19 economic pressures, while 2023-2025 showed accelerated increases as utility costs and labor expenses normalized. Currency fluctuation affects condos with imported equipment or international management contracts.

It's something we develop in our Malaysia property pack.

infographics rental yields citiesMalaysia

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Malaysia versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

What would your projected maintenance costs be over the next five years?

Using a conservative 4% annual increase projection, a current monthly maintenance fee of RM 600 (including sinking fund) would escalate predictably over five years.

Year 1 (2025): RM 600 monthly = RM 7,200 annually. Year 2 (2026): RM 624 monthly = RM 7,488 annually. Year 3 (2027): RM 649 monthly = RM 7,788 annually. Year 4 (2028): RM 675 monthly = RM 8,100 annually. Year 5 (2029): RM 702 monthly = RM 8,424 annually.

Total five-year cost projection reaches RM 39,000 for this example unit, representing a cumulative increase of RM 1,224 (17%) over the period. Premium condos with higher baseline fees and increase rates could see total five-year costs exceeding RM 60,000-80,000.

Factor these projections into your investment calculations and budget planning. A seemingly affordable RM 400 monthly fee today becomes RM 486 monthly by year five, potentially impacting rental yield calculations and cash flow planning significantly.

Are special assessments ever charged, and what are typical amounts?

Special assessments occur when major repairs or improvements exceed available sinking fund balances, requiring additional contributions from all unit owners.

Common special assessment triggers include building facade renovation (RM 2,000-8,000 per unit), swimming pool major repairs (RM 500-2,000 per unit), lift replacement or modernization (RM 1,000-4,000 per unit), and fire safety system upgrades (RM 800-3,000 per unit).

Recent examples from Kuala Lumpur condos include a 20-year-old KLCC building charging RM 5,000 per unit for facade restoration in 2024, and a Mont Kiara property assessing RM 2,500 per unit for swimming pool renovation in 2023.

Special assessments require majority owner approval and typically allow 3-12 months payment periods. Failure to pay special assessments can result in interest charges and potential legal action by the Management Corporation.

Review the building's maintenance history and age before purchase to anticipate potential special assessments. Buildings approaching 15-20 years old often face multiple major system replacement needs simultaneously.

How does your condo's total monthly cost compare with nearby buildings?

Building Comparison Rate per sq ft (RM) 1,200 sq ft Unit Cost (RM) Total with Sinking Fund (RM)
Budget Option 0.30 360 396
Mid-Range Standard 0.40 480 528
Premium Location 0.55 660 726
Luxury High-End 0.75 900 990
Ultra-Premium 1.00 1,200 1,320

Compare total monthly costs including parking, insurance, and recurring fees for accurate building comparisons. A seemingly expensive RM 0.60 per square foot building might offer better value if parking, gym membership, and security deposits are included versus a RM 0.40 building with numerous additional charges.

Consider facility quality and building age when comparing rates. A 5-year-old building charging RM 0.50 per square foot may offer better long-term value than a 20-year-old building at RM 0.35 per square foot if major renovations and special assessments are anticipated.

Location-specific factors significantly impact value comparisons: Mont Kiara condos at RM 0.70 per square foot may justify higher costs through proximity to international schools and expatriate communities, while similar rates in suburban areas may represent poor value.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

  1. Average Maintenance Fee Condo Malaysia
  2. DWG Malaysia Property Guides
  3. Kuala Lumpur Condo Maintenance Fees
  4. Ringgit Freedom Property Costs
  5. LBS Property Maintenance Guide
  6. Zerin Properties Service Charge Guide
  7. Zerin Properties Sinking Fund Guide
  8. TechMax Group SST Ruling