A friend who is the Chairperson of a management corporation (MCST) of a 300-units condo met me recently. He asked: “How is value in condo service measured?” He asked further: “You are the Founder of Wisely 98 Pte Ltd and the President of the Association of Strata Managers , surely you want to bring value Read more about Value of Service in Condo Management[…]
一年之计在于春一日之计在于晨大年初一拜个年幸福快乐好龙年 Wishing everyone Happy and Prosperous in this Year of the Dragon. 🍊🍊🍊🍊🍊🍊🍊🍊🧧🧧🧧🧧🧧🧧🧧🧧
Elevating our knowledge on Lift and Escalator Systems on 31 Jan 2024! 🛗💡From smooth rides to advanced technology, our team is taking the elevator of knowledge to the top floor! Thank you Mr Felix Neo of Elevating Studio for navigating us through the fascinating world of Lifts & Escalators! Let’s keep elevating together. 🌐🛠
The scope of strata management is broad, wide and deep. Knowing the basic accountings and interpretation of financial statements are basic skill sets required from those who professed as strata managers. Watch this video.
The number of active strata schemes in Malaysia is about 22k served by close to 600 property management companies (managing agents). Singapore has close to 4k of active schemes served by about 150 managing agents. The ratios of the strata schemes to managing agents in Malaysia and Singapore are estimated at 36:1 and 26:1 respectively. Read more about Masterclass in Strata Management 17 Jan 2024[…]
Are you willing to go above and beyond for your Company? Do you believe in the value of true service? This Annual Service Awards on 6th January 2023, was an opportunity to recognise employees who have demonstrated their commitment to serving in our Company for at least three years. The awards come in the form Read more about Annual Service Award 2023[…]
President of Community Association Institute, Vishnu Sharma in his opening address at the IRECMS- Dubai/World Realty Congress, shared that more than 50% of the home owners associations in the US have no reserve for capital expenditures for their estates. Fortunately, the banks in the US are willing to lend funds to home owner associations for Read more about Where could management corporations borrow monies from?[…]
The theme was Finance, Talent and Techology challenges faced by Community Association Companies. One of the biggest challenges faced by these companies is attracting and retaining talent. With the young workforce, especially GEN Z, seeking work-life-balance and companies that invest in them, the old methods may no longer work. Leaders with a big dream and Read more about CAM G10 Summit[…]
Are you entrusting your million-dollar property to the right people? Are the occupants in your strata building safe and satisfied? Do strata managers have the necessary expertise and skills to manage your property? These are important questions to consider. If you’re looking for answers, join my first Masterclass for Strata Management. In this class, I Read more about Strata Management Masterclass[…]
Strict liability is a legal term that refers to a type of liability that does not require proof of fault. It means that the defendant with a case under strict liability is held responsible for the damages, regardless of whether he was negligent or not. In MCST 3602 v MacFadden, Declan Pearse [2021] SGHC 260, Read more about The Question about Strict Liability[…]