Total Package has to be used
Maybe you can offer a bit more insight into this one - its a good thread !
In isolation the amount for Annual maint fee is almost meaningless.
You have to take into account how much profit is being held back by the developer to fund the early years, and also consider what restrictions, if any there is on the increase in charges after the first year, and what you choose to actually cover in the fee and what you exclude.
Also if you have only a small number of units then the cost per unit is likely to be higher, if you have hundreds of units that have to share limited facilities it's easy to make a profit.
Will you have an owners club or somethihg similar that will decide what to charge each year and what to include or exclude.
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