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Reader question: Service costs for project homes

By Submitted Message
Posted in Reader question
Tags:
June 22, 2018

Dear readers,

From answers to previous questions - for which I thank you - it is clear that for homes in a project (condos or Moo Baan) service costs are understandably charged for facilities such as: security, swimming pool, fitness, landscaping, handyman, etc.

How high are these costs roughly? Of course that depends on the services offered, but we would like to get a global impression for those costs for a “project house” with an average luxury level.

And also, do these costs ever fly out of control? Or are they manageable through something like what we would call an VVE in NL/BE?

Regards,

Hans

Number of times read: 867

7 responses to “Reader question: Service costs for project homes”

  1. Jacques says up
    22 June 2018 on 05: 58

    Service costs or maintenance fees are common in Thailand. In my moo job in Pattaya I pay for a house, one thousand bath (26 euros) per month. This has not been increased in all the years, now 10 years of living. It is up to the residents' committee if they can do their business with the collected money, then there is no need to increase. Everything stands and falls with the cooperation of the residents. There are quite a few who can't, don't want to or think it's nonsense to pay and leave it to the well-to-do residents. If there is insufficient investment, it would therefore have to be increased. House prices in our village vary between 3.5 million and 7 million baht.
    For condos, with a value of approximately 1 to 2 million baht, the maintenance fee is 10.000 baht per year. There will not be any increases there either, but a lot depends again on the committee that holds sway.

    • Adrie says up
      23 June 2018 on 23: 41

      Not only in Thailand, but also in NL.
      Just not being able or willing to pay is not an issue here>> you will pay, and rightly so.

      Here, for example, money is also reserved for outdoor painting.
      Windows are washed twice a year.
      Lift maintenance and cleaning of public space and general power consumption, just to name a few.

  2. Bert says up
    22 June 2018 on 07: 38

    That differs quite a bit per Moo job or condominium.
    The price is per M2 or TalangWah2, so pay attention.
    We pay per TalangWah2, which is Thb 28 per month
    In our case, that is 28×80 talangwah x 12 months = ± Thb 26.500 per year.

    In the beginning it was 30 Thb /talangwah, but that is slightly reduced.
    Here the common area, swimming pool, fitness and greenery are maintained and security is paid for.
    Maintenance of the roads and greenery is also paid for from this.
    Garbage is collected twice a week
    On important Buddha days, a tent is set up and monks are invited.
    1x a year a members meeting with food and drinks.

  3. Pieter says up
    22 June 2018 on 11: 49

    In addition to Bert and Jacques, it is highly dependent on the location.
    In Phuket I can remember prices of 60thb/m2

    • Bert says up
      22 June 2018 on 13: 45

      Indeed, many people forget to check this before buying a house.
      Then comes the surprise afterwards.
      With us, the first 3 years were included in the price of the house.
      Are a small 10% who do not want to pay. Mostly vacant houses.

  4. Wino Thai says up
    22 June 2018 on 13: 47

    I pay Baht 22000 per year.
    Included : 2 x swimming pool, sauna, daily cleaning common areas condo, fitness, green maintenance and 24 hours security.
    Garbage can be deposited every day and is collected 2 or 3 times a week.

  5. Marc says up
    23 June 2018 on 11: 23

    To speak in our “units of measure”, in Pattaya and the surrounding area, between 30 and 50 THB per m2 per month is charged. It is related to how many staff there are, whether there are modern central internet systems, security/cameras and recording systems, small projects, electricity and water consumption, swimming pool maintenance (large or small and type of salt or chlorine), gym, sauna, etc. , etc.
    I would say that 30 THB/m2/month or less is usually found in somewhat dated apartments with less amenities and is on the low side, while 50 THB/m2/month is on the (very) high side. Of course, it is also quite important how the financial management has been developed, including realistic budgeting and a policy of economy, self-efficacy, etc.
    We currently use 35 THB/m2/month, so for a small studio (40 m20 it is 35 x 12 x 40 = THB 16800/year and for a 2-bedroom/2 bathroom apartment of 100 m2 it is THB 42000/year .


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