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Condo, Strata and HOA News

Contractor Required to Give Condo 10% of Revenue To Work Onsite

Swim coaches that the residents of the Azalea Park condominium, Singapore, have hired are being told that they need to give the condominium 10% of their revenue to continue their services at the condo’s pool.

It’s punitive because the lessons aren’t being offered to non-residents – so the act only punishes owners from the full use of their pool. It’s arbitrary because it’s based on the coaching fees, not directly the number of students or time used in the pool. And it’s onerous because the additional overhead and red tape will drive away the coaches.

All in all – a 10% fee doesn’t correlate with control of the facilities (which the condominium already has added time restrictions). Nor does it equate with a “worry of additional wear and tear” because the owners are already paying for that in their monthly contributions (its owners using the coach, not off site individuals).

I can only imagine if this idea catches on, maybe condominiums would just have a 10% surcharge to all contractor work purchased by residents. Want to renovate? 10% please.

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