Property Education · Condo Fees

Thai condo fees & the sinking fund — CAM charges, per-sqm costs, and who actually pays.

Every Thai condominium runs on two charges most foreigners don’t see coming: the ongoing common-area maintenance (CAM) fee, billed by the square metre of your unit, and the one-off sinking fund paid at the first transfer. This guide explains what each one covers, the typical ranges by segment, who pays — owner versus tenant, how the juristic person sets and raises them, what happens when fees fall into arrears, and the fee-related costs that land on transfer day. Unbiased, never paid placement.

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By Kirby Scofield
Founder of BAANLYY · International real estate broker, investor & relocation specialist
Last updated 7 July 2026 · Last reviewed 7 July 2026

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The one-line version

A Thai condo has two fees: the CAM fee — an ongoing charge billed per square metre that pays to run the building — and the sinking fund, a one-off reserve paid at first transfer for big future repairs. In a rental the owner pays both; the tenant pays rent and their own utilities. A healthy sinking fund and a realistic CAM fee are signs of a well-run building.

Living Summary

Condo fees & the sinking fund — living summary

Editorial analysis compiled and periodically refreshed by BAANLYY’s research team — not a live data feed.

Analysis last reviewed 2026-07-05.

Growth Trajectory

Thai condo fees — how the rules and rates evolved

  1. 2008
    Condominium Act amendments strengthen juristic-person powers
    Legal reforms clarified and reinforced a juristic person's authority to levy CAM fees and sinking funds, charge interest on arrears, and withhold the debt-free certificate required for a unit transfer — the legal backbone still used today.
  2. 2019
    Pre-pandemic baseline
    Typical CAM fees and sinking-fund contributions sat in well-established ranges across Bangkok and resort markets, with fee levels closely tied to a building's age, amenity level and management quality.
  3. 2020–2021
    Pandemic squeeze and deferred maintenance
    Falling occupancy and owner cash-flow pressure led some juristic persons to freeze fee increases or defer non-essential maintenance, quietly building up backlog risk at buildings that were already reserve-thin.
  4. 2022–2023
    Reopening pushes costs — and fee reviews — upward
    Rising electricity tariffs, insurance premiums and staff wages during reopening led more AGMs to approve CAM-fee increases and, at newer towers, higher sinking-fund contributions to match climbing construction and repair costs.
  5. 2024–2025
    Broader inflation and sharper reserve scrutiny
    Continued cost inflation, plus a few high-profile special-levy cases at underfunded older buildings, pushed more buyers and agents to actively request AGM minutes and reserve-fund statements before purchase rather than trusting the brochure rate.
  6. 2026
    Digital billing and stricter arrears enforcement become standard
    Larger buildings increasingly use digital payment and tracking systems for CAM billing, making arrears easier to catch early and enforce consistently — a modest but real improvement in transparency for both owners and prospective buyers.
01

Two charges, two completely different jobs

When you live in a Thai condominium you are part-funding a building, not just occupying a box. Two charges do that funding, and they work nothing alike. The common-area maintenance fee is the building’s ongoing running cost — paid regularly, forever, for as long as the building stands. The sinking fund is a capital reserve — paid once, banked, and drawn down only for big infrequent works. Confusing the two is the single most common mistake foreigners make when they read a building’s paperwork.

Both are collected and managed by the juristic person — the legal entity that runs the building under the Condominium Act — and both are almost always charged per square metre of your unit, so the bigger your unit, the more you pay.

02

The CAM fee — how it's calculated

The common-area maintenance fee (also called the common fee, common-area fee or service charge) is billed on a simple formula: the building’s per-sqm rate × the registered area of your unit. It is collected by the juristic person in advance — monthly, quarterly or annually depending on the building.

Worked example. A tower charges 50 baht per sqm per month. Your unit is 45 sqm. Monthly CAM fee = 45 × 50 = 2,250 baht (about 27,000 baht a year). Confirm the exact registered area on the title and the current rate from the latest AGM — both can differ from the sales brochure.

Because it is per-sqm and set building-wide, the CAM fee is not something you can negotiate for your own unit. It is proposed in the annual budget and approved by owners at the general meeting (see section 06).

03

What the CAM fee actually covers

The common fee pays for everything in the shared parts of the building — the things no single owner is responsible for but everyone uses:

What it does not cover is anything inside your own unit or your own metered consumption — your electricity, water and internet are billed to you separately on top of the rent or, if you own, directly by the providers.

04

The sinking fund — one-off reserve vs ongoing top-up

The sinking fund is the building’s capital reserve for the expensive, occasional works that the monthly fee can’t absorb — repainting the facade, replacing lifts, overhauling plumbing, pumps, generators or the roof. It is funded two ways:

A well-funded sinking fund is one of the strongest signals of a healthy building: it means a major repair won’t trigger a surprise levy. A building boasting a suspiciously low common fee with an empty reserve is not a bargain — it’s a deferred bill.

05

Who pays — owner vs tenant

This is where renters and buyers diverge:

Watch the lease: a clause that tries to charge the tenant the building’s common fee on top of rent is unusual for a standard residential let — query it before signing (our renting guide and tenant-rights guide cover what’s normal). What a tenant does pay the juristic office are occupant charges: replacement keycards, parking transponders and move-in or renovation deposits.

06

Typical ranges by segment — and how fees get set

Rates vary widely with the age, location and amenity level of the building. As a rough guide for monthly CAM fees:

Sinking-fund contributions typically sit around 350–700 baht/sqm as a one-off. None of these are fixed in law — each building’s rate is proposed in its annual budget and approved by owners at the AGM, with votes weighted by unit size. Fees rise over time as costs climb and buildings age, so a rate frozen unrealistically low for years often hides an underfunded reserve.

07

Arrears — what happens when fees go unpaid

The Condominium Act gives the juristic person real teeth on unpaid common fees:

For tenants this rarely bites directly, but a building with widespread arrears is a warning sign of weak finances and deferred maintenance. If you’re buying, confirm the seller’s common-fee account is clean as part of due diligence.

08

Fee costs on transfer day when buying

If you’re buying, two condo-fee items settle at the Land Office on transfer day, on top of government transfer fees and taxes:

The juristic person issues the debt-free certificate the Land Office requires before it will register the transfer. Foreign buyers should also keep the 49% foreign-ownership quota and the FET (foreign-exchange) paperwork in view — the fee items are one line in a larger transfer-day budget. Confirm every figure with the juristic office in writing before completion.

09

Newcomer mistakes that cost condo buyers and renters

  • confusing the one-off sinking fund with the ongoing CAM fee — budgeting for one and forgetting the other
  • treating a low common fee as a win without checking the sinking fund — an empty reserve means a future special levy
  • accepting a lease that quietly passes the CAM fee onto the tenant — that’s normally the owner’s cost
  • using the brochure area or rate — always bill off the registered area and the latest AGM-approved rate
  • buying without confirming the seller’s common-fee account is clear — arrears freeze the transfer
  • forgetting transfer-day fee costs — the sinking fund and prepaid CAM on top of transfer fees and taxes
10

Frequently asked

What is the common-area maintenance (CAM) fee in a Thai condo?The CAM fee — also called the common fee, common-area fee or service charge — is the ongoing charge that funds the day-to-day running of the building's shared parts: lobby, lifts, corridors, pool, gym, gardens, security, cleaning, shared electricity and the management office. It is almost always billed per square metre of your unit, so a larger unit pays more, and it is collected by the juristic person (the building's legal entity) either monthly, quarterly or annually in advance. Typical rates run from roughly 25-40 baht per sqm per month in older or budget buildings to 60-100+ baht per sqm in newer high-amenity towers, with super-luxury and branded residences higher still. The fee is set in the building's budget and approved by owners at the annual general meeting.
What is the sinking fund and how is it different from the CAM fee?The sinking fund is a one-off capital reserve, separate from the ongoing CAM fee. It is normally paid by the buyer once, at the first transfer of the unit, and the building banks it to pay for big, infrequent works in the future — repainting the facade, replacing lifts, major plumbing, pumps, generators or roof repairs. Think of the CAM fee as the building's running costs and the sinking fund as its rainy-day savings. The sinking fund is also usually charged per square metre, commonly in the range of 350-700 baht per sqm as a single payment, though some buildings levy a small ongoing top-up as well. A healthy sinking fund is one of the best signs that a building can handle a major repair without hitting owners with a special levy.
Who pays the condo fees — the landlord or the tenant?In a normal Thailand condo rental the owner pays both the CAM fee and the sinking fund; the tenant pays rent plus their own metered electricity, water and internet. The CAM fee is an obligation that comes with owning the unit, so it should not appear as a separate line on a tenant's bill unless the lease specifically says so — and a lease that tries to pass the building's service charge onto a short-term tenant is unusual and worth questioning before you sign. What a tenant does pay the juristic office directly are occupant charges: replacement keycards, extra parking transponders, and move-in or renovation deposits.
How is the per-square-metre fee calculated?Multiply the building's rate by the registered area of your unit. If a tower charges 50 baht per sqm per month and your unit is 45 sqm, the monthly CAM fee is 2,250 baht (45 x 50), or 27,000 baht a year. The same logic applies to the sinking fund as a one-time figure: a 500 baht per sqm sinking fund on that 45 sqm unit is 22,500 baht paid once at transfer. Always confirm the exact registered area on the title and the current rate set at the latest AGM, because both the area used for billing and the rate itself can differ from the sales brochure.
What happens if condo fees fall into arrears?Unpaid common fees are taken seriously under the Condominium Act. A juristic person can charge interest or penalties on overdue amounts (commonly up to 12% per year, rising for prolonged default), and — more importantly — can suspend common-area services to the unit, including deactivating keycards for the lift, pool, gym and car park, and withholding the certificate of debt-free status that the Land Office requires to transfer the unit. That last point is the big one: an owner cannot sell or transfer a unit until all outstanding common fees are cleared, so arrears effectively freeze the unit. For tenants this rarely bites directly, but a building full of defaulting owners is a sign of weak finances and deferred maintenance.
Are condo fees negotiable or fixed?The rate is set collectively, not per unit, so you cannot negotiate your own CAM rate the way you might haggle rent. The fee is proposed in the building's annual budget and approved by owners at the AGM, where voting power is weighted by unit size. It can rise over time as costs increase or as a building ages and needs more upkeep, and owners can also vote a special levy if the sinking fund is short for a major repair. If you are buying, ask for the last few years of budgets and AGM minutes: a fee that has been frozen unrealistically low for years often means an underfunded reserve and a painful catch-up levy ahead.
What fee-related costs land on transfer day when buying?Beyond the headline price and the government transfer fees, a buyer typically settles two condo-fee items at the Land Office on transfer day: the one-off sinking fund contribution (per sqm), and an advance of the CAM fee — often several months to a full year prepaid — so the unit starts with a clean common-fee account. The juristic person issues a debt-free certificate confirming the seller owes nothing, which the Land Office requires before it will register the transfer. Budget for these alongside transfer fees, specific business tax or stamp duty, and any agent or legal costs, and confirm the exact figures with the juristic office in writing before completion.
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Property EducationCondo LivingForeign Ownership & 49% QuotaUtility BillsRenting GuideBuying a CondoTenant RightsGlossaryNeighborhood Finder

Check the fees before you sign

The CAM fee and the sinking fund tell you how well a building is run. Learn the area, the building and the going rate — then read the budget and the accounts before you commit.

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General information only — not legal or financial advice. Fee rates, sinking-fund amounts, arrears penalties, transfer-day costs and the Condominium Act vary by building and case and change over time. The ranges given are indicative, not quotes. Confirm current figures and your specific building’s rules with the juristic office, official Thai authorities and a licensed Thai lawyer where needed. BAANLYY never takes paid placement.