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Anyone know about sinking fund? If i jz bought a property (subsale), shl i pay the sinking fund with the revised rate from developer or before the revised rate?
Is it a strata landed or condominium property?
Agree with Dominic, high rise and strata landed will have sinking fund. Received VP and key start to pay even not occupied
i think if the developer not able to sell off the Strata titled property... they still need to fork out the maintenance fee and sinking fund for the unsold unit... please correct me if mistaken.
you mean the outstanding or totally new one? outstanding will follow the previous rate until the starting data for revised rate
I believe is new unsold units... developer will have to bear the maintenance fee.
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