Is the residential property fee expensive in 960 yuan for one year?

It depends on the size of your property and the city where the house is located.

The general property fee for the first-line and second-line houses (Beishangguangshen, Hangzhou, Nanjing, Xiamen and other cities) is the lowest 2 yuan/m2/month. If the area of your house is 100 square meter, then your monthly property fee is about 200 yuan, and it is about 2000 yuan a year. Relatively speaking, your property management fee is very cheap.

The property fee for houses in third-and fourth-tier cities (urban houses in provincial capitals and prefecture-level cities) is about 1 yuan/square meter/month. If the area of your house is 100 square meter, then your property management fee is about 100 yuan for one month and 1000 yuan for one year, which is relatively cheap.