A managing agent walked in with polished slides, glowing testimonials and a promise: “Leave it to us. We’ll handle everything.”
It all sounded perfect.
I once spoke to a senior executive of a reputable property developer who proudly said, “We’ve appointed our managing agent. They’ll take care of it all.”
But three months into the contract, the reality hit hard.
The agent missed critical statutory steps.
No proper preparation for the Management Corporation (MC) formation.
No effective engagement with condo owners.
No readiness for the all-important first Annual General Meeting (AGM) for condo owners.
What followed was a storm of complaints — incomplete works, unclear maintenance charges and angry owners.
The first AGM was chaotic.
And worse?
The developer’s name built over years of trust was affected.
Outsourcing does not mean leaving responsibility to others.
That’s why I am returning to the Real Estate Developers’ Association of Singapore (REDAS) on 6 August 2025, to share “ Strata Property Management Mastery: Planning Through Post-Handover .”
This course helps property developers and professionals:
✅ Fulfill statutory obligations
✅ Navigate the handover with confidence
✅ Conduct a compliant and smooth 1st AGM (physical and digital)
✅ Manage funds and insurance wisely
✅ Preserve brand reputation through trust and transparency
Whether you are building your first or 50th project, this course is your roadmap to doing it right.
Let’s build not just properties but enduring communities. Join me (details in Comment).
————————————————————-
I am Teo Poh Siang, founder of Wisely 98 Pte Ltd. People called me Dr. Condo. I provide consultancy for condos and train the next generation of industry leaders.
#stratamanagement #managingagent #wisely98pteltd
