Another MCSTGuru Best Practices in MCST Management series was held on Saturday, 11 May 2019 at the Hive at Lavender with support from IMDA. About 70 attendees representing owners, council members, managing agents, and other stakeholders listened to two expert seminars and then participated in a lively Q&A that had to be cut short
Building Maintenance and Strata Management (Amendment) Act 2017 comes into effect on 1 February 2019
The Building and Construction Authority (BCA) issued a circular on 3 December 2018 regarding the commencement of the Building Maintenance and Strata Management (Amendment) Act 2017 (“Amendment Act”) on 1 February 2019. The commencement date of 1 February 2019 applies to all provisions, with the exception of those relating to: the appointment of the
MCSTGuru Best Practices in Condominium Management Series Insurance and Safety for MCSTs: What council members need to know
MCSTGuru was pleased to host the second seminar in the “Best Practices in Condominium Management” series on Friday 11 May from 6:30 - 8:30pm. The four panelists, Lim Tong Chuan, Jonathan Lim, Mohamed Nazem Suki, and Rex Yeap, each offered useful tips and perspectives on issues related to managing safety and risk for MCSTs.
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
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