If you sit on your MCST council or are evaluating a managing agent for the first time, having a clear picture of condo property management responsibilities makes a significant difference to how you oversee your estate and what you hold your managing agent accountable for. Condo property management goes well beyond collecting maintenance fees and arranging occasional repairs. When done properly, it covers financial administration, regulatory compliance, resident relations, facilities...

Energy bills are one of the largest recurring costs in any managed property. In Singapore, common property electricity consumption covers lifts, ACMV systems, corridors, carparks, water pumps, and security lighting, and can account for 30 to 50 per cent of a condominium's annual maintenance fund expenditure. Understanding how to reduce energy consumption in a building is not just an environmental exercise. It has a direct, measurable impact on your maintenance fees, and the long-term value of...

If you've recently bought a unit in a condominium or a commercial development in Singapore, you've probably come across the phrase "strata management" and wondered what it actually means, and who exactly is responsible for what. This strata management guide covers everything you need to understand: what strata management is, how the system works in Singapore, what your MCST does, and where your managing agent fits into the picture. What Is Strata Management? Strata management is the...