When you own a condominium in Bangkok, you are responsible for certain ongoing expenses known as common area maintenance (CAM) fees. These cover the shared services and facilities provided by the building’s juristic management.
🔹 Monthly Common Area Maintenance (CAM) Fee:
This is the most important recurring charge. It typically ranges from ฿30 to ฿100 per square meter per month, depending on the project's age, facilities, and location. For example, a 70 sqm unit in a luxury condo may incur a monthly CAM fee of ฿5,000–7,000.
This fee covers:
- Security staff and 24/7 surveillance (CCTV)
- Maintenance of shared spaces: lobby, pool, gym, elevators, gardens
- Building insurance and janitorial services
- Management and administrative staff
🔹 Sinking Fund (One-time or Annual Fee):
The sinking fund is a reserve fund used for major repairs and long-term upgrades (like repainting the façade, replacing elevator systems, or large plumbing repairs). This is usually paid as a one-time fee upon transfer of ownership, typically around ฿300–฿500 per sqm. Some condos also collect small annual top-ups.
🔹 Optional Utilities or Service Charges:
While water and electricity are charged based on usage, some buildings may apply additional admin fees for services like:
- Extra parking slots
- Private storage units
- Shuttle buses or laundry services
🔹 Penalties or Late Fees:
If common fees are not paid on time, penalties can apply and may impact your ability to sell or transfer the unit in the future.
💡 CondoDee Tip: Always review the CAM rate, sinking fund, and financial reports of the condo's juristic person before committing to buy. Well-managed buildings usually provide transparency and issue monthly statements.
📞 Want to understand the full cost breakdown before buying a condo?
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