Don’t be surprised if a low-density high-rise project with less than 100 units in a quiet neighbourhood, has high maintenance fees.
Many Malaysians are not super-wealthy businessman who think of RM900 as spare change. RM900 is enough for monthly food expenses. According to an article in edgeprop.my, the reason why maintenance fees increase in low-density developments is because fewer units share the responsibility to pay. Plus, the Defects and Liability Period is already over too.
Tan’s advice is: “If I am advising the person who is complaining about the steep hike in maintenance fee, I would want to know the easiest way to get everybody involved so they can all participate in the management of the place and therefore determine the charges. He said, “Then people will ask me, what do I do? Sell and exit. If you feel that this building’s maintenance cost is going up and will go up even further beyond what you think is reasonable and so forth, then the best thing to do is ask yourself whether you should dispose of this property, exit and go to another scheme? You bought it on your own, you can exit on your own.”
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