Owners of strata title properties expect rise in maintenance fees despite GST exemption

Kuala Lumpur

OWNERS of strata title properties in Malaysia can expect an increase in maintenance fees once the 6 per cent goods and services tax (GST) is implemented in April even though such charges are exempted.

Property players have flagged a potential fee hike of more than a 10th to make up for shortfalls, particularly in developments where there are substantial defaulters.

Last month, the government decided that maintenance fees for all stratified residential properties would be exempted from GST following appeals by property managers and managemen…