Personally I don't think the facilities there warrant these fees,especially since they don't include utilities.
It's all a matter of perspective.
The Palms, accross the street, built by the same developer, charge substantially more in condo fees.
My one bed condo with some odd 70 square meters costs $150 US/month.
Considering the quality of the management, well maintained buildings and common grounds, security guards, 24 hour power and water, pool, laundry facility, etc, I think it's quite reasonable.