As specified under the Sale and Purchase Agreement (S&P), you would need to pay the developer maintenance fee for the maintenance of the common property and limited property of the development starting on:
- The date the developer delivers vacant possession of the unit to you; or,
- The 15th day after you have received the Temporary Occupation Permit or Certificate of Statutory Completion and infrastructure completion notice specified under item 3 of the Payment Schedule.
You are required to pay a lump sum of 6-month maintenance charges to the developer, followed by every quarter in advance after that. Once the management corporation (MCST) is formed, you are required to pay the maintenance charges to the MCST. The payment of maintenance charges are for the provision of cleaning and services for the development. Click on BCA’s link to learn more about the maintenance fee contribute.« Back to Glossary Index