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Guiding Residents on Tampines Street 94 Mixed Development EC Maintenance Fees Structure

Posted on November 1, 2024 By Tampines Street 94 Mixed Dev EC Tampines

The Tampines Street 94 Mixed Development Executive Condominium (EC) in Singapore's Tampines area is a family-oriented and accessible community hub, blending residential and commercial spaces. It offers a robust maintenance fee system essential for upkeeping communal amenities like swimming pools, fitness centers, playgrounds, and landscaped gardens, as well as security, landscaping, and utility services. These fees are transparently managed by a managing agent and directly influence the quality of life within the EC. Prospective residents must consider these maintenance fees as a significant monthly expense and understand that they fund the upkeep of shared spaces and facilities, ensuring high living standards. The EC's maintenance fee structure is responsive to market trends and community needs, with regular reviews to adapt to changes over time. This commitment to maintaining the development at a premier level makes Tampines Street 94 Mixed Dev EC a desirable place to live within the self-contained and vibrant Tampines neighborhood in Singapore.

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  • Understanding the Maintenance Fee Structure of Tampines Street 94 Mixed Development EC
  • – Overview of Tampines Street 94 Mixed Development EC within the Tampines estate
  • – Breakdown of maintenance fee components for EC residents

Understanding the Maintenance Fee Structure of Tampines Street 94 Mixed Development EC

Real Estate, Condos, Property

Residents and potential buyers of Tampines Street 94 Mixed Development Executive Condominium (EC) in Singapore will find that a clear understanding of the maintenance fee structure is crucial for long-term financial planning. The maintenance fees, often referred to as the Management and Maintenance Fees (M&C Fees), are essential for the upkeep and management of shared amenities and common areas within the EC. These fees are set aside to ensure that Tampines Street 94 Mixed Dev EC continues to offer a high standard of living, with well-maintained facilities such as swimming pools, gyms, playgrounds, and landscaped gardens that residents can enjoy. The fee structure is carefully planned and managed by the managing agent appointed by the developer or the residents’ committee, ensuring transparency and accountability in how these funds are utilized.

The Tampines Street 94 Mixed Development EC, nestled within the matured estate of Tampines in one of Singapore’s most family-friendly neighbourhoods, boasts a comprehensive maintenance fee framework that encompasses all aspects of the development’s upkeep. The fees are calculated based on the overall cost of maintaining and managing the facilities and services, including security, landscaping, and utility expenses. This ensures that the living environment remains pleasant and secure for all residents. Prospective owners should consider the monthly maintenance fees as a significant part of their home ownership costs, as it directly impacts the quality of life within the EC. The Tampines Street 94 Mixed Dev EC’s maintenance fee structure is designed to cater to the diverse needs of its residents, with mechanisms in place to review and adjust the fees periodically to reflect the current market conditions and the changing needs of the community.

– Overview of Tampines Street 94 Mixed Development EC within the Tampines estate

Real Estate, Condos, Property

Tampines Street 94 Mixed Development Executive Condominium (EC) stands as a testament to the vibrant living options available within the Tampines estate. This unique mixed-use development seamlessly integrates residential and commercial spaces, offering residents both convenience and community in one of Singapore’s most well-loved housing estates. The Tampines Street 94 EC is strategically situated to cater to a myriad of needs, providing an array of amenities from retail outlets to eateries, all within the familiar embrace of the Tampines neighborhood. Its prime location ensures that residents enjoy easy access to the Tampines Mall and Tampines Regional Library, making it an ideal choice for families and professionals alike. The development is a key component of the broader Tampines area, enhancing its reputation as a self-sufficient town with a diverse range of living options.

Maintenance fees are an essential aspect of living in any condominium, including the Tampines Street 94 Mixed Development EC. These fees contribute to the upkeep and management of communal areas and facilities within the development, ensuring that residents can enjoy a high standard of living without the burden of managing such tasks individually. The fees typically cover services like security, landscaping, cleaning of common properties, and the maintenance of shared amenities. Prospective and existing residents should be aware of these costs as they are an integral part of owning an EC unit. It’s advisable to review the maintenance fee structure during the purchase process to understand the ongoing financial responsibilities associated with living in this contemporary mixed development nestled within the Tampines estate.

– Breakdown of maintenance fee components for EC residents

Real Estate, Condos, Property

Residents of the Tampines Street 94 Mixed Development Executive Condominium (EC) can expect a meticulously structured maintenance fee that encompasses various facets of communal living. These fees are designed to ensure the upkeep and sustainability of the development’s shared amenities and facilities. The breakdown typically includes regular cleaning and maintenance of common areas, landscaping of gardens, and upkeep of recreational facilities such as swimming pools and gyms. Additionally, the management overseeing Tampines Street 94 EC ensures that safety-related aspects, including CCTV surveillance systems and fire safety equipment, are in optimal condition. The fees also cover the cost of property insurance and the management of the sinking fund, which is crucial for larger, less frequent repairs or renovations. Residents living within the vibrant Tampines locale can benefit from the collective efforts that these maintenance fees facilitate, contributing to a harmonious and well-maintained living environment in one of Singapore’s most dynamic towns.

In conclusion, Tampines Street 94 Mixed Development EC stands as a prime example of modern living within the vibrant Tampines locale. Residents have access to a well-defined maintenance fee structure that ensures the upkeep and enhancement of their living environment. This comprehensive guide has elucidated the components that constitute these fees, offering clarity on the financial responsibilities associated with residence at this esteemed address. Prospective and current residents will find the insights provided herein invaluable for understanding how their maintenance fees contribute to the continued excellence and communal amenities of Tampines Street 94 Mixed Development EC.

Tampines Street 94 Mixed Dev EC Tampines

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