Tag: Property management

Forming a MCST

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MCST is the short form of Management Corporation Strata Title No. XXXX. This is the description for an organisation formed to manage the matters of a condominium. The "XXXX" refers to a number that the Building Control Authority would allocate to this organisation to identify it. As an example, MCST No. 940 refers to the [...]

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Viet woman found dead in condo pool

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This is a problem for most condominiums. How to detect such drowning situations & render help immediately? In the night, especially after the facilities are closed, no one expect anyone to go near the pool nor use it. The guards will only find out when they go on their patrols. Snippet from AsiaOne Thursday, Oct [...]

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Taking the driver’s seat in a condo

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Snippet from The Straits Times By Tan Hui Yee Correspondent tanhy [at] sph [dot] com [dot] sg SUPPOSE you buy a luxury car one day, which comes with a one-year warranty and a paid chauffeur for that period. There's not much to complain about, as you zip around town in the cool comfort of the [...]

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Town councils’ electricity bills soar

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This is a challenge most Managing Corporations are facing. The inflationary forces are making it difficult not to increase maintenance fees. Snippet from Yahoo! News By Liyana Low In a bid to lower soaring electricity bills, town councils are looking at ways to manage their electricity consumption rather than raise service and conservancy charges (S&CC). [...]

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Condo cheapos shamed

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Snippet from the New Paper :- Thu, Apr 01, 2010 NAME and shame – and do so with a method more associated with loan sharks. One condominium seems to have taken a leaf from their infamous 'Owe$Pay$' strategy by putting up the names of residents who are behind in their maintenance fees. The Castle Green [...]

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Sophia Road condo scans visitors’ thumbrints, IC

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Sophia Road condo scans visitors' thumbrints, IC By Geraldine Yeo & Elysa Chen FIRST, the security guard took his identity card and scanned it into a computer. Next,he took his thumbprint using an infrared scanner. No, retiree Chan Hon Wah was not at the immigration counter of an airport. The 60-year-old and his wife were [...]

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SMRT: Guards didn’t do night patrols at Bishan depot

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For condominiums, if the guards are not doing their job patrolling around, intrusions happening cannot be caught red-handed. Thefts can happen or worse, injury to the resident may happen. Snippet from the Straits Times SMRT: Guards didn't do night patrols at Bishan depot Operator reprimands security agency; work to upgrade fences not done yet at [...]

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Property Management 102

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  Council Members For residents who are keen to contribute to the estate's well being, they can join the Management Council of their estate. These residents get nominated and voted into the Council during the Annual General Meeting (AGM) of the estate. The role of a Council Member is voluntary and no compensation is paid [...]

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Property Management 101

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Whether you are staying in a private condominium, HDB or occupying a commercial complex, warehouse or factory, as long as it is strata titled, you would need someone to help you manage the common area unless you want to do it yourself. As the name implies, the common area is the space used by everyone [...]

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