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What are the Service Charges (maintenance fee) for Condominiums?

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What are the Service Charges (maintenance fee) for Condominiums?

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Service charges are rather low in Thailand. They are used to maintain the common areas of the building like lifts, pools and corridors. Also the sinking fund that is set up when the condo units are initially purchased, is in many cases replenished by the service charges which are payable every year. Service charges are quite moderate, however, they vary considerably according to the degree of luxury provided by the existing infrastructure.

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