Buying is one set of costs, and it ends on completion day.
Holding is the set that repeats every year you own.
In Medini it has four lines: the maintenance charge, the sinking fund, the council’s assessment, and parcel rent.
Most of it can be read today: the developer’s maintenance estimate, the council’s rate, and how parcel rent is computed.
What cannot be put in ringgit yet is marked as exactly that, and this page is straight about which is which.
None of it is due now: the bills start when the building completes and you take vacant possession, and completion is estimated for 2027 to 2028.
Maintenance and the sinking fund
The maintenance charge pays for the running of the building: cleaning, security, the lifts, the pool.
The sinking fund sits beside it, collected for the big-ticket items that arrive years apart: lift overhauls, pumps, repainting, waterproofing.
Both are fixed in your sale and purchase agreement, charged from vacant possession, and administered under Malaysia’s strata management law.
The developer’s sales material, dated 13 January 2026, puts the estimate at RM0.32 per square foot a month, with a sinking fund of 10% of the maintenance charge on top.
Worked through at that rate, sinking fund included: Type A (463 sq ft) about RM163 a month, Type B (753) about RM265, Type C (893) about RM314, Type C1 (1,012) about RM356.
Those are estimates at the developer’s published rate. The final figure is set by the management body, and the sales gallery confirms the current per-layout schedule in writing.
One thing to hold onto when comparing: a serviced apartment’s charge runs hotel-shaped common areas, so weigh it against buildings of the same kind, not against a bare residential block.
Assessment, the council’s bill
Assessment, cukai taksiran, is the yearly tax the city council charges, and in Medini the council is Majlis Bandaraya Iskandar Puteri.
MBIP’s own table lists Servis Apartment under Perdagangan, its commercial grouping, at 0.18% of annual value.
Ordinary housing, Kediaman, sits at 0.11%.
That grouping is MBIP’s, not our reading of it, and the rates have applied since 1 January 2024.
The bill lands twice a year.
What nobody can tell you yet is the ringgit amount.
MBIP charges 0.18% of a value it works out itself, and it cannot value a building that is not built.
The rate is known today. The amount arrives with the completed building.
Parcel rent, the land office’s bill
Parcel rent is Johor’s per-parcel land levy for strata schemes, and it goes to the land office rather than the council.
It runs under section 23C(8) of the Strata Titles Act 1985, is computed on a per square metre rate, was implemented in 2025, and is paid between 1 January and 31 May each year.
Two things about it stay open on this page, on purpose.
The gazetted per-square-metre rate for a Pangsapuri Perkhidmatan express condition is the number we have not been able to verify, and the cheapest way to settle it is the PTG Johor counter.
And Medini’s land is held in an unusual way, on a 99-year private lease with strata titles issued under it, while the published guidance covers the ordinary case.
The parcel owner is the one billed in that ordinary case.
Whether the bill reaches you or the head landlord under the lease is a question for the land office, or your own lawyer, before you sign.
What you can actually do today
Three moves, in order.
Budget the maintenance line at the developer’s estimate, RM0.32 per square foot plus the 10% sinking fund, and have the gallery confirm the current per-layout schedule in writing.
Budget assessment at 0.18% of an annual value you will only learn from MBIP’s first bill, and treat any earlier number as an estimate.
Put two questions to your solicitor: how parcel rent is billed under the lease structure, and what the SPA says about letting, if you plan to rent the unit out.
These four bills are the ownership side of the ledger.
What the unit can earn against them, short stays measured against a tenancy, is its own comparison, on its own page.
Where this comes from
- Penilaian & Cukai Taksiran. Majlis Bandaraya Iskandar Puteri. Rates effective 1 January 2024, made under sections 127, 129, 137 and 163 of the Local Government Act 1976. Rechecked 17 August 2026.
- Penerangan Hakmilik Strata (PDF). Pejabat Tanah dan Galian Johor, December 2024. Section 23C(8) of the Strata Titles Act 1985, the per square metre method, the 2025 start, and the payment window. Rechecked 17 August 2026.
- Title particulars as documented in the tenure guide: HSD 546583, PTD 200287 (Parcel C11), Mukim Pulai, a Service Apartment Title with the lease running to 27 December 2114.
- The developer’s official sales material, dated 13 January 2026, for the estimated maintenance rate and the 10% sinking fund. The 10% here is the developer’s published rate, not a statutory claim: the consolidated Strata Management Act 2013 text at AGC was unreachable when checked on 17 August 2026, so this page cites no statutory percentage. The proportion for your unit is the one in your SPA.
This is not financial or legal advice. It is what the published rates and methods say, with the gaps marked.