The council of a management corporation (MCST) were very excited to organise a water carnival for their estate. A water carnival usually involved bringing inflatable floats into a swimming pool, turning it into a wonderland for children. There would be so much fun and joy. It was an event that everyone wanted it happened. ❓️A Read more about Do you know what your insurance policy cover?[…]
A newly installed 1st Council of a management corporation (MCST) were excited about organising a party to create neighbourliness among residents and wanted to use about $5,000 from the management fund.The Council had also decided to replace the existing managing agent (outgoing MA) that had served the MCST since the issue of the Temporary Occupation Read more about Is BMSMA silent on the use of management fund for social activities?[…]
On 17 May 2024, three articles about human resources appeared in the Straits Times. One reported about a new framework from the Singapore Institute of Architects, to curb brain drain affecting the profession . The other was about an aging workforce in the manufacturing sector. The third was about the misperceptions of accountancy as a” Read more about We want more![…]
Not long ago, we read about severe flood across Dubai and many flights were cancelled. Back home, heavy rain prompted flood warnings for large parts of Singapore on the morning of May 4, and caused delays at Changi Airport. Many developments including condos in Singapore are built with basements used as carpark, some with more Read more about Flood at basement carpark[…]
It’s bored to attend an Annual General Meeting (AGM) of a Management Corporation (MCST)! The AGM was a “sparring” moment between two camps, each trying to outdo the other. The Managing Agent (MA) did not control the AGM, resulting in too much time discussing unrelated matters. Many motions were passed because subsidiary proprietors (SP) represented Read more about Attending an AGM?[…]
I’m truly honored to be featured by @GlobalLeadersTodayMagazine for my journey in Singapore’s strata management industry. Founding Wisely 98 Pte Ltd back in 1993 was a big leap, but I was driven by a vision to modernize strata operations through technology and innovation. Over the past 35 years, my team and I have been on Read more about Digitalising Strata Management- A Conversation with Teo Poh Siang[…]
When Tom Skiba, CEO of Community Associations Institute spoke at the CPD class of the Association of Strata Managers last month 12 March, he asked the class of 120 practitioners this question: “ Did anyone choose to be a Strata Manager when you were a student?” There was a complete silence. None of us has Read more about What should you choose for a career?[…]
Is it true that a strata manager should act only when consent from majority of the Council Members are obtained? Imagine that the Chairperson of the Council wanted to add 2 more items into the Agenda for a coming AGM of a management corporation (MCST) when the Agenda were already formally approved at an earlier Read more about What if consent is not obtained?[…]
I met 4 persons lately to settle some personal matters. At the end of the meeting, one of them asked what I do for a living. I replied: “I provide service in problem-solving for strata titled buildings.” I clarified further that my company provides condo management service that we called strata management service for management Read more about Rating the Service of Strata Managing Agent[…]
We seldom meet trainers from far away to conduct CPD classes. We not only have one but 3 of them today: Prof Jeevan D’Mello from Dubai, Mr Pepe Gutierrez from Spain and Mr Tom Skiba from the United States. This full day session was conducted by the Association of Strata Managers (ASM) in conjunction Read more about Special ASM CPD Class from CAI[…]