Authored by the expert who managed and guided the team behind the Singapore Property Pack
Everything you need to know before buying real estate is included in our Singapore Property Pack
Singapore condo maintenance fees are a significant monthly expense that every property owner must understand before making an investment decision.
As of June 2025, these fees range from S$300 to over S$2,000 per month depending on the development's location, age, and facilities. Understanding what these fees cover and how they're calculated is crucial for anyone considering purchasing a condo in Singapore, whether for investment purposes or personal residence.
If you want to go deeper, you can check our pack of documents related to the real estate market in Singapore, based on reliable facts and data, not opinions or rumors.
Singapore condo maintenance fees currently average S$400-S$500 monthly for standard units, with luxury condos charging S$1,000-S$2,000+.
These fees cover security, cleaning, facilities maintenance, and building upkeep, calculated by unit share value and paid monthly or quarterly.
| Fee Category | Monthly Range | Key Features |
|---|---|---|
| Standard Condo | S$300 - S$700 | Basic facilities, security, cleaning |
| Luxury Condo | S$1,000 - S$2,000+ | Premium amenities, concierge services |
| Older Development | S$400 - S$800 | Higher due to aging infrastructure |
| New Launch | S$270 - S$600 | Lower initially, may increase over time |
| Prime Districts | S$500 - S$1,500+ | Central locations, premium facilities |
| Suburban Areas | S$300 - S$600 | Basic amenities, fewer facilities |
| Sinking Fund (Annual) | S$0.50 - S$1.50 per sqft | Major repairs and upgrades |
How much is the average monthly condo maintenance fee in Singapore right now?
The average monthly condo maintenance fee in Singapore ranges from S$400 to S$500 for standard developments as of June 2025.
Most mass-market condos charge between S$300 and S$700 per month, with smaller units in new launches starting as low as S$270. However, luxury developments and prime location condos can command fees exceeding S$1,000 monthly.
The wide variation depends on factors like unit size, development age, location, and the extent of facilities provided. Newer developments with fewer amenities typically start with lower fees, while established condos with comprehensive facilities charge higher amounts.
As we reach mid-2025, maintenance fees have increased significantly from previous years due to rising labor costs, inflation, and aging building infrastructure across Singapore's condo market.
It's something we develop in our Singapore property pack.
What does the condo maintenance fee usually cover – is it just cleaning and security, or does it include pool, gym, and repairs too?
Singapore condo maintenance fees cover a comprehensive range of services beyond basic cleaning and security.
Standard coverage includes 24-hour security services, cleaning of common areas like lobbies and corridors, landscaping and garden maintenance, waste disposal, and general upkeep of shared spaces including lifts and car parks. Building insurance, management staff salaries, and administrative costs are also included.
The fees extend to maintaining all shared facilities such as swimming pools, gyms, tennis courts, playgrounds, BBQ pits, and function rooms. This includes equipment servicing, water treatment for pools, and regular safety inspections of fitness equipment.
Day-to-day repairs of shared fixtures and fittings, routine servicing of lifts and building systems, plus utilities for common areas like electricity and water are covered. However, major renovations or unexpected repairs may require additional special levies.
The scope of services directly correlates with the fee amount – developments with extensive facilities naturally charge higher maintenance fees to cover these additional operational costs.
How is the maintenance fee amount calculated – by square footage, number of bedrooms, or something else?
Singapore condo maintenance fees are calculated using a share value system based primarily on unit size measured in square footage.
Each unit is assigned a share value that determines its proportion of the total maintenance costs. Larger units receive higher share values and therefore pay more in monthly fees, reflecting their greater use of common facilities and services.
The calculation considers the unit's floor area as the primary factor, but other elements can influence the assigned share value. These include the number of bedrooms, location within the development (higher floors may have slightly different values), and exclusivity factors for penthouses or special units.
The Management Corporation Strata Title (MCST) establishes these share values during the development's initial setup, and they typically remain fixed unless major renovations or additions change the unit configurations.
This system ensures fair cost distribution among residents, with those occupying larger spaces contributing proportionally more to the upkeep of shared facilities and services.
Are there big differences in fees between older condos and newer developments?
Yes, there are significant differences in maintenance fees between older condos and newer developments in Singapore.
| Development Age | Average Monthly Fee | Key Factors |
|---|---|---|
| New Launch (0-3 years) | S$270 - S$600 | Lower initial costs, modern systems |
| Established (4-10 years) | S$400 - S$700 | Moderate wear, stable operations |
| Mature (11-20 years) | S$500 - S$800 | Increasing repair needs |
| Aging (20+ years) | S$600 - S$1,000+ | Frequent repairs, system replacements |
| Premium Older (20+ years) | S$800 - S$1,500 | Extensive facilities, higher upkeep |
| Small Development (Any age) | S$500 - S$1,200 | Fewer units to share costs |
| Large Development (Any age) | S$300 - S$600 | Economies of scale benefits |
Do different districts or neighborhoods in Singapore charge significantly different maintenance fees?
Yes, Singapore condo maintenance fees vary significantly across different districts and neighborhoods.
Prime districts like Orchard, Marina Bay, and Sentosa Cove typically charge higher maintenance fees ranging from S$600 to S$1,500+ monthly due to premium service standards, higher labor costs, and more extensive facilities expected in these prestigious locations.
Central Business District (CBD) area condos often have elevated fees reflecting the premium real estate values and sophisticated building management systems required. Districts 9, 10, and 11 consistently show higher-than-average maintenance costs.
Suburban areas and newer townships like Punggol, Sengkang, or Jurong generally have lower maintenance fees ranging from S$300 to S$600, benefiting from newer infrastructure and more standardized facility offerings.
However, location alone doesn't determine fees – a luxury development in a suburban area can still charge premium rates, while an older, simpler condo in a prime district might have moderate fees due to basic facilities.
Are luxury condos much more expensive to maintain, and if so, by how much per month on average?
Luxury condos in Singapore are significantly more expensive to maintain, typically charging 2-3 times higher than standard developments.
Premium developments commonly charge S$1,000 to S$2,000+ monthly for maintenance, with some ultra-luxury properties exceeding S$2,500 for larger units. This represents a substantial premium over the S$400-500 average for mass-market condos.
The higher costs reflect premium amenities like concierge services, private lifts, butler services, wine cellars, and high-end facilities such as infinity pools, spa facilities, and private dining rooms. These require specialized maintenance staff and premium service standards.
Luxury condos also typically have lower resident-to-facility ratios, meaning fewer units share the costs of extensive amenities. A 50-unit luxury development will have much higher per-unit costs compared to a 500-unit mass-market project.
Additional factors include premium security systems, imported materials requiring specialized maintenance, and higher insurance costs for valuable common area fittings and equipment.
Are there any extra charges on top of the standard maintenance fee, like sinking fund contributions or special repairs?
Yes, Singapore condo owners face additional charges beyond the standard monthly maintenance fee.
The sinking fund is the most common additional charge, typically ranging from S$0.50 to S$1.50 per square foot annually. This fund covers major repairs, building upgrades, repainting, and equipment replacement that exceed normal maintenance scope.
Special levies may be imposed for unexpected major works not covered by the sinking fund, such as structural repairs, lift modernization, or facade renovations. These can range from hundreds to thousands of dollars depending on the scope of work.
Some developments also charge separate fees for specific services like additional car park lots, storage spaces, or premium utility connections. Fire safety upgrades mandated by authorities often require special assessments.
As of 2025, many condos are implementing technology upgrade levies for smart home systems, enhanced security features, and building automation systems to meet modern standards.
It's something we develop in our Singapore property pack.
Don't lose money on your property in Singapore
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.
How often do condo maintenance fees increase, and by what percentage on average per year?
Singapore condo maintenance fees typically increase annually or every few years, with significant variations based on development-specific factors.
Recent years have seen substantial increases, with some developments experiencing jumps of 10-30% over two to three years, and certain properties seeing spikes up to 65% due to higher-than-expected operational costs and inflation.
The average annual increase generally ranges from 3-8%, but this can spike significantly higher during certain years when major cost pressures emerge. Labor cost increases, utility price hikes, and aging infrastructure drive these adjustments.
As we reach mid-2025, many condos are implementing higher-than-average increases to catch up with inflation and rising service costs that were previously absorbed by management companies. The post-pandemic period has seen accelerated fee increases across the Singapore condo market.
Newer developments tend to have more modest initial increases, while older properties face steeper adjustments as systems age and require more intensive maintenance or replacement.
Is the fee payable monthly, quarterly, or annually – and can you pay it via GIRO, bank transfer, or credit card?
Most Singapore condos collect maintenance fees either monthly or quarterly, with quarterly payment being increasingly common.
Payment methods include GIRO (direct debit), bank transfer, cheque, AXS stations, and increasingly, credit card payments. Many developments are transitioning to digital payment platforms for greater convenience and efficiency.
GIRO remains the most popular method due to its automatic deduction feature, ensuring timely payments and avoiding late fees. Bank transfers are widely accepted, while some management companies now offer online payment portals.
Some developments require upfront payment of several months' fees upon property purchase, particularly for new launches or when assuming ownership from previous owners with outstanding balances.
Credit card payments, while convenient, may incur processing fees ranging from 0.5-2.5% of the payment amount, making them less cost-effective for large maintenance fee amounts.
If you don't pay your condo maintenance fee on time, what happens – is there a penalty or legal action?
Late payment of Singapore condo maintenance fees triggers a series of escalating consequences that can severely impact property owners.
- Interest charges typically apply immediately after the grace period (usually 30 days), ranging from 10-18% per annum on outstanding amounts
- Access to condo facilities like swimming pools, gyms, and function rooms may be suspended until arrears are cleared
- Legal letters and formal notices are issued, often incurring additional administrative charges of several hundred dollars
- The Management Corporation (MCST) can impose fines up to S$10,000 for persistent non-payment under the Building Maintenance and Strata Management Act
- A charge can be registered against the property title, affecting any future sale or refinancing attempts
Can you negotiate or reduce the condo maintenance fee in any way, for example if you don't use the facilities?
No, Singapore condo maintenance fees cannot be negotiated or reduced on an individual basis, regardless of personal usage of facilities.
Maintenance fees are collectively determined by the Management Corporation Strata Title (MCST) during Annual General Meetings (AGMs) where all owners have voting rights. The fee structure applies uniformly to all units based on their assigned share values.
Even if you never use the swimming pool, gym, or other facilities, you cannot reduce your fee as these amenities contribute to the overall property value and require maintenance regardless of individual usage patterns.
The only way to influence fees is through active participation in AGMs where owners can vote on budget proposals, service contracts, and major expenditures that affect the overall maintenance costs.
Property owners seeking lower maintenance costs should consider this factor during the initial purchase decision rather than expecting post-purchase adjustments.
How does the maintenance fee affect the rental yield and overall return on investment for property owners in Singapore?
Maintenance fees significantly impact rental yields and overall investment returns for Singapore condo owners, often reducing net yields by 2-4 percentage points.
For a S$1.2 million condo with S$500 monthly maintenance fees, the annual cost of S$6,000 represents approximately 0.5% of the property value. When combined with rental income of S$4,000 monthly, this reduces the gross yield from 4% to 3.5%.
High-maintenance-fee properties in luxury developments can see even greater impact, with annual fees exceeding S$15,000-24,000 substantially eroding rental profits, particularly for smaller units where rent-to-maintenance-fee ratios are unfavorable.
Smart investors factor maintenance fees into their investment calculations by focusing on developments with reasonable fee structures relative to rental income potential. Properties with fees exceeding 15-20% of monthly rental income often provide poor investment returns.
The trend of rising maintenance fees in Singapore means investors must account for annual increases when projecting long-term returns, as today's acceptable fee may become burdensome in 5-10 years.
It's something we develop in our Singapore property pack.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Singapore 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.
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.
Singapore condo maintenance fees are a critical factor in property investment decisions, with costs ranging from S$300-2,000+ monthly depending on development type and location.
Understanding these fees' calculation methods, coverage scope, and payment terms helps investors make informed decisions about their Singapore property investments.
Sources
- Yahoo News Singapore - Monthly Condo Maintenance Fees
- CondoLaunch - What Are Condo Maintenance Fees
- 99.co - Condo Maintenance Fees Singapore Guide
- RedBrick - Ultimate Guide to Condominium Maintenance Fees
- BambooRoutes - Singapore Condo Maintenance Fees
- DollarBack Mortgage - MCST Fees Guide
- Ready Home - Condo Maintenance Fee Singapore
- PropertyGuru - Sinking Fund and Maintenance Fund Guide
- DollarsAndSense - MCST Condominium Maintenance Fees
- StackedHomes - Factor Condo Maintenance Fees