Service buyers – a part to play in lifting salaries of low-wage workers at condos

We have not arrived at an acceptable matrix to measure what are called good services and what’s not for condos. When it came time to renew the contracts of companies, some MCSTs would try hard to convince the service providers to renew the contracts at the same, or even a reduced fee. It is common Read more about Service buyers – a part to play in lifting salaries of low-wage workers at condos[…]

Can a  Management Corporation ( MCST) invest its monies for better ROI?

The bank interest rates from fixed deposits had fallen from a high of more than 2% per annum before COVID-19 period  to about 0.5% per annum currently. Many people felt that placing monies as fixed deposits in banks at such low interest rate is like giving  monies away to the banks. Some opined that only Read more about Can a  Management Corporation ( MCST) invest its monies for better ROI?[…]

Can a subsidiary proprietor ( lot owner)  attend a council meeting of a Management Corporation (MCST)?

The Strata  Act in Western Australia (WA) which is called Community Titles Act 2018 is silent on whether a lot owner could attend a council meeting of the strata scheme. Why would WA deprive their stakeholders,the  lot  owners from attending council meetings? WA has about 325,000 strata properties  spread over 73,000 strata schemes. About 83% Read more about Can a subsidiary proprietor ( lot owner)  attend a council meeting of a Management Corporation (MCST)?[…]

Webinar- Electric Vehicle Charging Units for Strata Developments at ASM

The Association of Strata Managers (ASM) just concluded a webinar on Electric Vehicle Charging Units for Strata Developments. Among the  speakers invited,  include officers from the National Electric Vehicle Centre(NEVC). The attendees include strata practitioners, developers and officers from BCA. It was a very engaging session with non-stop questions  from the attendees.Due to time,  some Read more about Webinar- Electric Vehicle Charging Units for Strata Developments at ASM[…]