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[…]
I concluded my presentation for the delegates today as follows: We are in a transition phase. This transition requires People, Process and Perseverance People- The change must be directed from people at the top management. A successful change requires commitment from the top management Process- The digital tool is dead. The process in making thing Read more about 9th International Facility & Strata Management Conference 2023[…]
THE longest rally in Singapore’s housing rents in a decade may be coming to an end. Read on… https://www-businesstimes-com-sg.cdn.ampproject.org/c/s/www.businesstimes.com.sg/property/singapore-face-first-rental-slump-four-years-bloomberg-analyst?amp
Completed a class today on Application of Builiding Maintenance & Strata Management Act at Singapore Polytechnic. This is one of the 4 compulsory modules that any trainee is required to complete before he could be conferred as an Accredited Strata Manager. The trainees posed many interesting questions during the two days sessions. #stratamanagement #Legislations #training Read more about Application of Builiding Maintenance & Strata Management Act at Singapore Polytechnic[…]
Date: 16 Nov 2023Time: 8.30am to 5.30pmVenue: Marina Bay Sands Singapore Theme: Sustaining Facility Management for a Resilient Built-Environment Accredited Strata Managers will be rewarded with 4 CPD points after the completion in attending this conference. Register at: https://bit.ly/IFSMC2023 #conference #facilitymanagement #stratamanagement #digitalisation #sustainability