What Does Building Management Fees Cover?
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Learn about the essentials of building management fees in Taiwan, from maintenance, security, and concierge services to administrative costs. Understand how these fees are calculated and what they cover for a smooth living experience in Taiwanese apartments.
Building management fees in Taiwan cover a wide range of expenses related to the upkeep and operation of the building and its common areas. The exact services and costs covered can vary depending on the specific building, management company, and agreement between residents and the management.
Here are some of the most common items included:
- General Maintenance and Upkeep Of Building:
- Cleaning: This includes regular cleaning of common areas like hallways, stairwells, lobbies, elevators, and garbage disposal areas.
- Building security: This can involve security guards, CCTV systems, and key card access control.
- Concierge services: Booking appointments, deliveries, and other errands.
- Landscaping and gardening: Maintaining gardens, rooftop gardens, and any outdoor areas.
- Waste disposal and recycling: Collection and disposal of garbage, recycling, and other waste materials.
- Maintenance of shared facilities: This can include gyms, swimming pools, parking lots, and other amenities.
- Repairs and renovations: Minor repairs to building common areas.
Administrative Costs:
- Management company fees: This pays for the salaries of the management staff and the general overhead expenses of running the company.
- Taxes and fees: Property taxes, maintenance fees for public infrastructure, and other government levies.
It's important to note that building management fees are typically charged monthly and are usually calculated based on the size of your apartment. The average cost of management fees range anywhere from $50 - $200 per ping.
Example:
The building charges $100/ping for building management fees. Therefore, a 50 ping apartment would cost $5000 for the monthly building management fees. You can find the specific details of what your building management fees cover with your real estate agent or by contacting your building management company.