LEEDON GREEN MAINTENANCE FEES

Leedon Green Maintenance Fees are shown here for reference only. Though relatively reasonable for some, it may still increase monthly commitments considerably. And if you are an investor, you may wish to include this as an additional expense against your rental income or capital gains. Read on if you wish to understand more about Leedon Green Maintenance Fees.

Share value shows the allocation of proportionate shares to the strata owner in a condominium development. It determines how many strata shares each owner has and does not necessarily equate to the size of the residential unit.

Share value is usually used to determine how much maintenance fees need to be contributed by each homeowner for maintaining the common areas in the development. Other than maintenance fees, share value also is used in determining voting rights. On the other hand, You have to keep the idea of URA master plan.

Maintenance Fees are for the purpose of controlling and managing the usage and enjoyment of the common facilities in the development.

Maintenance Funds is used for securing expenses of maintaining the lifts, insurance, common areas, and facilities while Sinking Funds is used for infrastructure upgrading and restoration such as paint works and renewing/replacement of fixtures in the common property.

The proportion of funds allocated for maintenance funds and sinking funds are managed by the Management Committee and may increase over time.

Compared to many other condominiums in District 10, Leedon Green maintenance fees monthly are considered very market sensitive.