From now on, tenants will be able to receive transparent information regarding maintenance fees when signing a lease.
This will come as welcome news for those looking to rent studio apartments or officetels.
The Ministry of Land, Infrastructure and Transport has made it mandatory for real estate agents to explain the exact amount of shared maintenance fees to tenants prior to contract signing when brokering small housing units such as studio apartments and officetels.
Shared maintenance fees refer to common expenses such as cleaning costs, security fees, and elevator maintenance costs, which were previously difficult to check in advance for each individual household.
Because it was difficult to know this information before signing a lease, some landlords would raise maintenance fees instead of rent.
We have reported that moving forward, tenants will be able to check the exact level of maintenance fees in advance before signing a contract.
※ Please note: This article was translated by AI and may contain errors.
No More Hidden Fees: Clear Explanation of Maintenance Costs Made Mandatory for Small Housing Rentals
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