China
Maintenance fund
A payment the buyer of a new apartment makes to fund upkeep of the building's shared parts, set as a percentage of the pre-VAT price.
How it works in Vietnam
In Vietnam it is collected separately from the sale price and applies when you buy or lease-purchase an apartment from the developer.
The calculator adds it when you choose to buy from a developer. It is not part of the price the registration fee is charged on.
Related terms
- Primary market
Buying a new home directly from the developer, usually an apartment.
- Value-added tax (VAT)
A tax on the sale price when you buy a home from a developer. The buyer pays it together with the price.
- Off-plan property
A home that is still being built, or not yet started, bought from the developer and paid for in stages.
Learn more
- Buying off-plan in Vietnam: VAT, maintenance fund, payments
Buying a new apartment from a developer in Vietnam: VAT, the maintenance fund, the registration fee, and the legal caps on payments before handover.