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Hi there,

For owning a shop unit in a mall, there are MCST fees, Sinking fund fee to pay for, insurance such as Public Liability Insurance, fire insurance, and your utilities bill.

For MCST fee & Sinking fund will depend on the property management to advise.

I will be able to assist you on your purchase journey. I believe my past experiences in mall management would be help you for your purchase.

You may reach me at 94507283  for further discussion.

Thank you

Gary Shien
Associate Group Director
PropNex Realty Pte Ltd
 94507283  Read More

When evaluating the financials of owning a mall shop unit in Singapore, it's wise to account for not just the purchase price or rental income potential, but also the ongoing operational and compliance costs, some of which may not be immediately obvious. Here’s an example of breakdown of common and hidden costs, and who (you vs. property management) is typically responsible.

### 1. Management/Maintenance Fees (MCST)

* **What it covers**: Common areas (restrooms, lifts, escalators, corridors, landscaping, etc.)
* **Applicable to**: Owner of the individual shop unit
* **Collected by**: MCST (Management Corporation Strata Title) or property management
* **Calculation**: Based on share value of your unit
* **Frequency**: Typically monthly or quarterly
* **Note**: Older malls may have higher fees due to aged infrastructure.

### 2. Utilities (Electricity, Water)

In many malls, aircon is centralised and charged separately or included in management fees.
- Applicable to Shop owner
- Handled by Mall’s property management or utility retailer (where applicable)

### 3. Compliance Fees / Licensing

Government regulations:

URA change-of-use application (if you change use class)
SCDF fire safety requirements
NEA licences (for F&B or health-related services)

### 4. Insurance

Property-wide insurance:

The MCST insures the building and common areas.

Unit-level insurance:

* As the owner, you may need to purchase:

* Contents insurance
* Public liability insurance
* Business interruption insurance
* Often required by lenders or tenants

### 5. Additional Waste Disposal / Pest Control

Standard waste & pest control:

Usually included in MCST fees for general areas
* Additional/Excess Waste**:
* F&B or high-waste tenants often need to engage third-party waste collectors or pay a surcharge.
* Pest Control (inside your unit)

### 6. Renovation Fees / Fit-out Approval

* Mall management usually charges:
- Renovation deposit (refundable)
- Submission & approval fees (non-refundable)
- May require: Design approval, fire safety plan, licensed contractors

### 7. Signage Fees
* Some malls charge for signage (especially external-facing or prominent locations)
* Subject to size, lighting, and location Read More

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