Tallinn, Siili tn 7a // 7b // 7c korteriühistu
Association of 114 flats. Loans have grown; small reserve capital.
Siili tn 7a // 7b // 7c korteriühistu is a 114-flat apartment association in Mustamäe district, Tallinn (3 buildings). Per its 2024 annual report, a typical flat paid the association €313 a month; association fees excluding utilities were €5.66/m² a month.
The association has a loan of €3 167 495 (≈ €27 785 per flat), last repayment 2047. Member fees rose 134% in 2022–2024 (€200 138 → €467 998 a year).
There are 24 associations with reports on the same street and within 500 m; their median is €2.89/m² a month in costs and €15/m² of repair fund. The board's report mentions: KredEx/tervikrenoveerimise projekt. Source: the association's annual reports (e-Business Register), floor area from the Building Register.
The association manages: Siili 7a, Siili 7b, Siili 7c, Tallinn. Data: the association's annual reports 2022–2024 (e-Business Register), the latest for 2024.
All figures: the association's 2024 annual report; €/m² = per m² of flats (6 890 m², Building Register); "a month" = yearly amount ÷ 12.
What an owner pays the association each month in total, usually including heating, water and electricity.
The association's own charges without utilities: upkeep, management, repair fund, loan.
The association's joint loan (usually for renovation). Repayments are part of the monthly fees.
! Worth watching
- Loans have grown€2 658 245 → €3 167 495 (2022–2024)
- Small reserve capital€18 590 — less than one month of costs (€23 737)
Flags are taken from the association's management report.
Location and neighbouring associations
Associations on the same street and within 500 m, each by its latest report. The large dot on the map is this association. All associations and rankings in the area →
Compared with 24 neighbouring associations (median): total costs €2.89 · fees €0.82 (here €5.66) · repair fund €15/m²
On the same street: Siili tn
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Siili tn 7a (this one) | – | 114 | – | €5.66 | – | €3 167 495 | 2024 |
| Siili tn 3 | 110 m | 72 | €2.62 | €0.68 | €25 | no | 2025 |
| Siili tn 6 | 80 m | 120 | €2.98 | €0.63 | €5 | €655 023 | 2025 |
| Siili tn 10 | 120 m | 149 | €2.86 | €0.52 | €9 | €748 306 | 2025 |
| Siili tn 11 | 60 m | 40 | €2.50 | €0.82 | €17 | no | 2025 |
| Siili tn 13 | 140 m | 35 | €3.60 | €1.05 | €24 | €47 231 | 2025 |
| Siili tn 15 | 60 m | 36 | €2.97 | €1.03 | €3 | €212 686 | 2025 |
| Siili tn 16 | 220 m | 90 | €2.89 | €1.21 | – | no | 2025 |
| Siili tn 17 | 80 m | 28 | €3.42 | €1.16 | €15 | €175 963 | 2025 |
| Siili tn 18 | 270 m | 60 | €3.00 | €2.18 | €16 | no | 2025 |
| Siili tn 19 | 130 m | 49 | €3.52 | €0.75 | €4 | €330 060 | 2025 |
| Siili tn 21 | 220 m | 99 | €4.66 | €3.23 | €7 | €2 665 015 | 2025 |
| Siili tn 23 | 270 m | 15 | €3.60 | €2.01 | €11 | €38 459 | 2025 |
| Siili tn 25 | 290 m | 38 | €3.96 | €2.17 | – | €44 876 | 2025 |
| Siili tn 27 | 330 m | 36 | €2.67 | €0.49 | – | €58 796 | 2025 |
| Neighbours' median | €2.99 | €1.04 | €11 |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Siili tn 7a (this one) | – | 114 | – | €5.66 | – | €3 167 495 | 2024 |
| Sõpruse pst 163 | 140 m | 72 | €2.61 | €0.66 | €23 | no | 2025 |
| Sõpruse pst 167 | 150 m | 90 | €3.13 | €1.07 | €3 | €613 548 | 2025 |
| Sõpruse pst 169 | 180 m | 72 | €2.34 | €0.53 | €27 | no | 2025 |
| Nõmme tee 108 | 200 m | 12 | €1.84 | €0.80 | €23 | €58 406 | 2025 |
| Nõmme tee 110 | 240 m | 12 | €2.53 | €0.72 | – | €44 327 | 2025 |
| Sõpruse pst 190 | 250 m | 90 | €3.13 | €0.71 | €8 | €460 831 | 2025 |
| Nõmme tee 106 | 250 m | 12 | €1.71 | €0.96 | – | €3 075 | 2025 |
| Sõpruse pst 186 | 260 m | 72 | €2.58 | €0.73 | – | no | 2025 |
| Sõpruse pst 173 | 260 m | 89 | €2.87 | €1.61 | €31 | €497 514 | 2025 |
| Nõmme tee 97 | 270 m | 21 | – | – | – | no | 2025 |
| Neighbours' median | €2.58 | €0.73 | €23 |
What owners pay for
Fees by type in 2024, as written in the report. "Average flat" = amount ÷ 114 flats ÷ 12; a bigger flat pays more.
| Fee | What it covers | Per year | €/m²/month | Average flat / month | Year before |
|---|---|---|---|---|---|
| Hooldustasudday-to-day upkeep and small fixes | day-to-day upkeep and small fixes | €36 515 | €0.44 | €27 | €42 814 |
| Remonditasudsaved in the repair fund for future works | saved in the repair fund for future works | €247 806 | €3.00 | €181 | €290 350 |
| Intressitasudrepays the association's loan and interest | repays the association's loan and interest | €183 677 | €2.22 | €134 | €161 196 |
| Total | €467 998 | €5.66 | €342 |
Fee names as written in the report.
Compared with Siili subdistrict
Green band = the middle half of the area's associations (2024), tick = median, dot = this association.
Association fees per year
All flats together, excluding utilities.
Repair fund and works
The repair fund is the association's savings for the roof, pipes, façade and so on. When it grows, more is saved than spent; when it shrinks, the money has gone into repairs.
Money in and out
When the collected bar is taller the fund grew; when spending is taller, savings were used.
Works done, per the reports
Loans
An association loan is shared by all owners: when a flat is sold, its share stays with the building, not the seller. That is why a buyer should know the balance and the end date.
€3 167 495 outstanding at the end of 2024 ≈ €27 785 per flat
Principal due in the next 12 months €88 108 ≈ €7 342 a month (€64 per flat, plus interest)
| Lender | Balance | Rate | Ends |
|---|---|---|---|
| – | €3 167 495 | Euribor + 1.90% | 2047-03 |
Loan balance at year end
Lower bars = the loan is being repaid.
All figures by year
The last column is the change from the first year to the latest: green = good news for owners, orange = a cost or risk is growing.
| 2024 | 2023 | 2022* | Change | |
|---|---|---|---|---|
| Association fees per year | €467 998 | €396 753 | €200 138 | +134% |
| Repair spending | €247 806 | €192 743 | €134 391 | +84% |
| Loan balance | €3 167 495 | €3 235 872 | €2 658 245 | +19% |
| Cash | €88 809 | €380 625 | €340 669 | −74% |
| Reserve capital | €18 590 | €18 590 | €18 590 | ≈ |
| Association expenses (income statement) | €284 844 | €235 154 | €179 524 | +59% |
| Result for the year | €5 567 | €11 948 | −€2 834 | – |
* from the comparative column of the following year's report.
"Of which repair fund" is hidden: the figure read from the report matched repair spending.
Cash at year end
Money in the bank (incl. the repair fund).
Board's management report
Short summary of the 2024 report.
Aruandes märgitud tähelepanekud: KredEx/tervikrenoveerimise projekt.
members: 111 private + 3 companies.
See also
Frequently asked questions
What are the running costs of the Siili tn 7a apartment association?
Per the association's 2024 annual report: a typical flat paid €313 a month; the association's own fees excluding utilities €5.66/m² per month.
Does the Siili tn 7a apartment association have a loan?
Yes. The loan balance at the end of 2024 was €3 167 495 (≈ €27 785 per flat), Euribor, last repayment 2047. The loan stays with the building when a flat is sold; repayments are part of the monthly fees.
Have the fees of the Siili tn 7a apartment association gone up?
Member fees totalled €200 138 in 2022 and €467 998 in 2024 — a change of +134%. Latest year: +18% vs 2023.
How does the Siili tn 7a apartment association compare with neighbouring buildings?
There are 24 associations with reports on the same street and within 500 m. Their median: total costs €2.89/m² per month; repair fund €15/m².
How big is the Siili tn 7a apartment association and who manages it?
114 flats, 3 buildings. Registry code 80010231; reports 2022–2024 (e-Business Register).
Terms in plain words
- Total owner costs (€/m² a month, incl. utilities)
- Everything owners paid the association (the report's flat table), heating, water and electricity included, divided by the flats' floor area and 12 months. Closest to what an owner actually pays each month.
- Association fees (€/m² a month, excl. utilities)
- The association's own charges — upkeep, management, repair fund, loan, insurance — without utilities, per m² of flats a month.
- Typical flat per month (€ a month)
- The median flat's yearly charge in the report's flat table, divided by 12. Half of the flats pay more, half less.
- Repair fund balance (€ at year end)
- Money saved for future repairs and not yet spent, at the end of the financial year.
- Repair fund balance (€ per m² of flats)
- The repair fund balance divided by the flats' floor area, so buildings of any size compare. Not a monthly charge.
- Repair-fund charge (€/m² a month)
- The part of the fees that goes into the repair fund.
- Loan balance (€ at year end)
- The unpaid part of the association's loan at year end. It stays with the building when a flat is sold; repayments are part of the monthly fees.
- Association fees per year (€, all flats together)
- The same charges as a yearly total for all flats (the report's "member fees").
- Association expenses (income statement) (€ a year)
- The association's own expenses for the year per its accounts (upkeep, management, repairs, interest). Not the same as the owners' "total owner costs".
- Reserve capital (€)
- The association's buffer for unexpected costs. By law at least 1/12 of its budgeted annual costs.
- Cash (€ at year end)
- Money in the bank at year end, the repair fund included.
- Result for the year (€)
- Income minus expenses. An association is not for profit: a small plus or minus is normal; several large losses in a row mean costs are paid from reserves.
We read the association's reports, meeting decisions and the price, and tell you what to watch.
Source: apartment association annual reports (e-Business Register); floor area: Building Register. Figures are machine-read from the reports and may contain reading errors — check the original report in the e-Business Register before deciding. How the figures are made (methodology) · Checklist before buying. Flats' floor area 6 890 m².