Array
Tips and Guides

What are Association Fees?

Learn a few things about these monthly dues and why you need to pay them

Shares
Photography: Vincent Coscolluela

Aside from paying rent, water and electricity bills, those who live in villages and condos need to count association fees as part of the overall home budget.

What are these fees anyway? Why do you need to pay them? Can we feel the impact of these extra costs? We shed some light on two commonly asked questions about these important dues:

What are admin fees or association dues?

According to the Magna Carta for Homeowners and Homeowners Association (R.A. 9904), association dues cover the basic services and facilities that benefit all homeowners within the village or building, such as security, street lights, maintenance, and even garbage disposals.

In condominiums, association dues cover security, maintenance of the building, and upkeep of common areas and amenities. 

How are the fees computed?

It depends on your condo association. Some buildings compute association bills per square meter, and the amount charged per square meter also varies, while others charge the same for all unit owners. Take note that once the unit is turned over to you, you are required to start paying your dues.

To learn more about condo association dues, download your digital copy of "My First Home Book" on the Real Living AppLog on to summitnewsstand.com.ph/real-living for more details.

Love the photos in this article? Click here to see more photos and view the complete home tour.

More on Realliving.com.ph

4 Common Condo Living Questions Answered

Is Condo Ownership Right for You?

How Do I Get a Housing Loan?

Shares

Latest Stories

These High-End Villages Have Tripled Average Land Prices in the Last 6 Years

Do you live in one?

The Ultimate Quiapo Bargain Shopping Guide

Ready to go on a Quiapo adventure? From Ilalim ng Tulay to Plaza Miranda, you are bound to spot a budget home find. Read on for our list of stores and buyers tips.

The New Holiday Balikbayan Guest Solution: Airbnbs

They will surely feel right at home!

Your P2,000 Budget Can Afford A Mini Makeover

Turn sad corners and uninspired nooks into spaces that wow

18 No-Fail Building Materials For Your Home

These designer-recommended products would make your home last a lifetime, saving you money in the long run

You'll Love These Pieces That Combine Style and Function

An elegant blend of design and style, these picks make a great addition to any room.

All The Breathtaking Design Details At The ASEAN Summit

In photos: Pinoy design and Asian elements took center stage, from the arrival area to the closing ceremonies

This Is How To Choose The Best Products For Your Home

Top tip: seek professional advice!

These Photos Will Inspire You to Display Your Favorite Bags

Showcase your precious totes and purses while keeping your home clutter-free

Home Improvement Projects That Don't Add Value To Your Property

Are the repairs you're working on doing more harm than good?

Decorate Your Home for Christmas for Less Than P1,500

A trip to the bookstore is in order

Have Your Audrey Hepburn Moment With An Actual Breakfast At Tiffany’s

The luxury jeweler has just opened a cafe at their flagship store in New York, and it is so swell!
Load More Stories

Get inspiring design ideas and handy hints.
Subscribe to our newsletter now!