Answer
Condo Maintenance Fee in Singapore — How Much?
Everyone calculates their mortgage and stamp duty. Almost nobody budgets for maintenance fees. Here's what you'll actually pay every month.
Answer: Condo maintenance fees in Singapore typically range from $300 to $800 per month, depending on unit size, number of facilities, and age of the development. A typical 3-bedroom unit in a mid-sized condo pays around $400 to $700/month. That's $4,800 to $8,400 per year on top of your mortgage — and it never stops, even after your loan is paid off.
Typical Maintenance Fees by Unit Size
| Unit Type | Typical Size | Monthly Range | Annual Cost |
|---|---|---|---|
| 1-bedroom / Studio | 400–600 sq ft | $250 – $400 | $3,000 – $4,800 |
| 2-bedroom | 600–900 sq ft | $300 – $500 | $3,600 – $6,000 |
| 3-bedroom | 900–1,300 sq ft | $400 – $700 | $4,800 – $8,400 |
| 4-bedroom+ | 1,300–2,000 sq ft | $500 – $900 | $6,000 – $10,800 |
| Penthouse | 2,000+ sq ft | $800 – $1,500+ | $9,600 – $18,000+ |
Based on typical developments. Actual fees vary by MCST and share value allocation.
What the Maintenance Fee Covers
| Component | What It Pays For | Typical Share |
|---|---|---|
| Sinking fund | Major repairs — repainting, lift replacement, roof | 20–30% |
| Security | 24hr guards, CCTV, access cards | 15–25% |
| Cleaning | Common areas, corridors, car park, bin centre | 10–15% |
| Lift maintenance | Servicing, inspections, repairs | 5–10% |
| Pool & gym | Water treatment, equipment, lifeguard | 5–10% |
| Landscaping | Gardens, trees, pest control | 5–10% |
| Management | MA fees, accounting, AGM, insurance | 10–15% |
| Utilities | Common area electricity, water | 5–10% |
Condo vs HDB Conservancy Charges
Coming from HDB, the jump in monthly fees is significant. HDB conservancy charges are heavily subsidised by the government.
| Type | Monthly | Annual | Facilities |
|---|---|---|---|
| HDB 3-room | $20 – $40 | $240 – $480 | Lift, corridor, void deck |
| HDB 4-room | $30 – $55 | $360 – $660 | Lift, corridor, void deck |
| HDB 5-room / Exec | $40 – $90 | $480 – $1,080 | Lift, corridor, void deck |
| Condo (3-bed) | $400 – $700 | $4,800 – $8,400 | Pool, gym, security, BBQ, tennis |
HDB conservancy charges are after GST and government subsidy. Condo fees are set by the MCST.
What Makes Maintenance Fees Higher?
| Factor | Higher Fees | Lower Fees |
|---|---|---|
| Number of units | Small condo (<200 units) | Large condo (500+ units) |
| Age | Older (20+ years) — more repairs | New launch — under warranty |
| Facilities | Full facilities (tennis, function room, lap pool) | Basic (pool, gym only) |
| Unit size | Larger unit = higher share value | Smaller unit |
| Location | CBD / prime (higher costs) | Suburban |
Impact on Your Monthly Budget
Maintenance fees do not count toward TDSR, but they eat into your disposable income. Here's the true monthly cost of condo ownership at different price points:
| Condo Price | Mortgage (75% LTV, 3.5%, 25yr) | Maintenance | True Monthly |
|---|---|---|---|
| $1,000,000 | $3,753 | $400 | $4,153 |
| $1,500,000 | $5,630 | $500 | $6,130 |
| $2,000,000 | $7,507 | $600 | $8,107 |
| $3,000,000 | $11,260 | $700 | $11,960 |
Mortgage assumes 75% LTV, 3.5% interest, 25-year tenure. Maintenance is estimated mid-range for the price segment.
Factor this into your affordability
Use the affordability calculator to see your full monthly picture — mortgage, CPF usage, and how much cash you need at closing.
FAQ
How much is condo maintenance fee in Singapore?
Typically $300 to $800 per month. A 2-bedroom unit in a mid-sized condo pays around $300-$500. A 4-bedroom in a large development with full facilities can go up to $800-$900. Older condos with fewer units tend to cost more per unit.
What does condo maintenance fee cover?
Maintenance fees cover: management and admin, security (24hr guard + CCTV), lift maintenance, pool and gym upkeep, landscaping, pest control, common area cleaning, fire safety systems, and the sinking fund (for major repairs like repainting or lift replacement).
Is condo maintenance fee tax deductible in Singapore?
Only if the property is rented out. Landlords can deduct maintenance fees as a rental expense when filing income tax. If you live in the condo yourself, it is not deductible.
How much is the sinking fund portion?
Typically 20-30% of the total maintenance fee goes to the sinking fund. On a $500/month fee, roughly $100-$150 goes into the sinking fund. This is a reserve for major capital expenditure — roof repairs, lift replacement, repainting. It builds up over time.
Why is my condo maintenance fee higher than my neighbour?
Maintenance fees are based on share value, which correlates with unit size. A 1,500 sq ft unit pays more than a 700 sq ft unit in the same development. Penthouse and ground floor units with private gardens often have higher share values too.
Related
Last updated Feb 2026. Fee ranges based on typical Singapore condominiums. Actual fees depend on MCST and share value. This is not financial advice.