3 Answers

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, nope as the maintenance fee is usually paid by the owner.

Regards
Aaron Chong
 9730 8455 
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My Answer with regards to your Question:

In Singapore, whether maintenance fees are included in commercial rental agreements depends on the terms negotiated between the landlord and the tenant. Unlike residential leases where maintenance fees are typically covered by the landlord, commercial leases may vary in their structure.

Here are some common scenarios regarding maintenance fees in commercial rentals:

Gross Lease: In a gross lease, also known as a full-service lease, the landlord typically covers all operating expenses, including maintenance fees, property taxes, insurance, and utilities. The tenant pays a fixed rental amount, and these costs are included in the lease agreement.

Net Lease: In a net lease, the tenant is responsible for paying a portion or all of the operating expenses in addition to the base rent. The specific terms of the net lease, such as whether maintenance fees are included, will be outlined in the lease agreement. There are different types of net leases, including single net, double net, and triple net leases, where the tenant assumes varying degrees of responsibility for expenses.

Modified Gross Lease: This type of lease falls between a gross lease and a net lease. The landlord covers some operating expenses, such as maintenance fees and property taxes, while the tenant pays for others. The allocation of expenses is typically negotiated between the parties and specified in the lease agreement.

Base Rent Plus CAM Charges: Common Area Maintenance (CAM) charges are fees paid by tenants to cover the maintenance and operation of common areas in a commercial property, such as lobbies, hallways, and parking lots. In some commercial leases, tenants pay a base rent plus CAM charges to cover maintenance fees.

It's essential for tenants to carefully review the terms of the lease agreement to understand their obligations regarding maintenance fees and other operating expenses. Additionally, tenants may negotiate with landlords to determine which party is responsible for specific maintenance costs based on their individual needs and preferences. Consulting with a real estate advisor or legal expert can provide further guidance on commercial lease agreements.

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I have came across different arrangements, with some inclusive and some exclusive. There are also those that agrees to absorb the maintenance fees but if there is any adjustments upwards during the course of tenancy, the tenants will bear the increment. Are you looking out for anything in particular?

I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

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