MCSTGuru Staff

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So far MCSTGuru Staff has created 24 blog entries.

Liberalisation of the Electricity Market in Singapore: A Price Comparison

Singapore's electricity market heralded in a new era on 1 April 2018. A total of 14 new retailers have entered into the retail electricity market to offer competitive price plans to consumers in Singapore. Prior to this, consumers could only purchase from the Singapore Power Group (SP). Those residing in premises with postal codes

By | 2018-07-22T16:35:11+08:00 April 2nd, 2018|Categories: Electricity|Tags: |0 Comments

Schemes to support security services buyers

Factsheet on Best Sourcing One of the pillars of the Security Industry Transformation Map (ITM) is to support buyers to adopt the best sourcing of security services. In line with that, there are several schemes to support buyers of security, cleaning and landscaping services - all these services are services condo MCSTs are familiar

By | 2018-07-22T17:39:11+08:00 March 7th, 2018|Categories: Landscaping, Security|Tags: , , , |0 Comments

Industry Transformation Map targets facilities management

In a positive development towards improving the facilities management industry, the Building and Construction Authority has announced the launch of the Real Estate Industry Transformation Map. The BCA, working together with the Council of Estate Agents, stated that Industry Transformation Map initiatives will focus on transforming the Facilities Management (FM) and property transaction services sectors to

Neighbourly dispute escalates into defamation litigation

In John Robertson Gillies v Suresh Balan (also known as Sureash Balan) [2017] SGDC 324, District Judge Chiah Kok Khun chided the parties and their advisers in this civil litigation. In his judgment, he stated that what was a neighbours’ quarrel escalated into a defamation suit. "There are of course better ways to resolve neighbourly disputes other than litigation. These

By | 2018-07-22T16:54:15+08:00 January 21st, 2018|Categories: Law, Owner's Rights|Tags: , |0 Comments

Rubbish Removal at Condos – Who’s in charge?

All households in Singapore receive a monthly communication from SPgroup detailing utilities services: electricity, gas, and water.  Those services are charged based on metered usage and are billed by SPgroup but each of the services are provided for by different providers.  Another charge that we seldom pay attention to is for rubbish removal. On

By | 2018-07-22T16:54:19+08:00 January 11th, 2018|Categories: Maintenance|Tags: , |1 Comment

Best Practices in Maintaining Condominium Estates Learning Circle Launched

On 28 October 2017, MCSTGuru held its inaugural Learning Circle for the strata management community today at the Lifelong Learning Institute. It was attended by well over 40 learners. The learners were mostly made up of the management corporations (MCSTs) representing private residential and mixed-used developments in Singapore, property owners, and vendors. Noi Rahman,

By | 2018-04-17T04:41:43+08:00 October 29th, 2017|Categories: Education, Event|Tags: , |2 Comments

Wide-ranging changes proposed by BMSM Bill

A slew of wide-ranging changes have been proposed by the Building Maintenance and Strata Management Bill 2017 read in Parliament on 1 August 2017. The BMSM Bill, a result of the Public Consultation held earlier in the year is intended to do the following: to clarify what constitutes common property; to impose new duties

By | 2018-04-17T04:44:11+08:00 August 4th, 2017|Categories: Law|Tags: |1 Comment

Important Issues in En Bloc Sales

There are several reasons why an en bloc sale or collective sale is carried out. Apart from the potential gain from the sale, for properties on 99-year leases, such a sale ensures the future redevelopment of the property before the lease runs out and the government acquires it back at zero dollars. Owner's approval

By | 2018-07-22T16:45:36+08:00 July 20th, 2017|Categories: En Bloc, Law|Tags: , , |0 Comments

Sinking Fund – What You Need to Know about It

Subsidiary proprietors in condominiums must make contributions for the maintenance of common property and ancillary expenses. Such contributions for maintenance comes in two forms - the management fund and the sinking fund. The management fund is for the day-to-day recurring expenses incurred in the running of the condominium estate. The sinking fund is to

Management Corporations Responsibilities and Owners’ Rights

The Building Maintenance and Strata Management Act (BMSMA) in Singapore provides a framework for management corporations (MCST), which comprise all unit owners within a development, to manage their own estates. The legislation is important as good sense and consideration are no longer enough in today’s environment with many people living or working in a