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Strata Property Management: Legislations and Management Challenges

Strata title allows ownership of individual units (termed a strata lot) in a property development and shared ownership of common property such as lift lobbies, driveways, garden and swimming pools. This form of property ownership (particularly in housing) is popular in land scarce Singapore as it allows individual owners to enjoy landed-property type of facilities and amenities.

The Building Maintenance & Strata Management Act (BMSMA) governs management and maintenance of strata-titled properties to primarily ensure that a structure and processes are in place for maintenance and management of the common property and that individual owners contribute towards this cost based on the size (share value) of their unit. Those involved in the management of such properties will require fundamental knowledge of the BMSMA to pre-empt issues which may arise and to carry out their work effectively.

At the end of the course, trainees should be able to understand the:

  • Unique features of strata-titled properties
  • Purpose and main provisions of the BMSMA
  • Roles of the Developer as interim trustee manager prior to registration of the Strata Title
  • Formation of and role of the Management Corporation (MC) and take-over procedures from the Developer
  • Procedures for establishment and administration of the maintenance fund, pre and post MC formation
  • Administrative procedures and documentation in strata titled management
  • Defects management
  • Role of the Managing Agent in strata titled properties.

Strata Titled Properties

  • Basic Concepts of Strata-Titled Property
  • BMSMA: The Vested Parties
  • Share Value: Significance & Representation
  • Share Value Determination (Residential Properties, Mixed Use Developments, Two-Tier Strata Development)

 

Role of the Commissioner of Buildings (COB)

  • Function of the COB
  • Administrative Role
  • Monitoring Powers & Empowerment
  • Enforcement Role to Act

 

Duties & Responsibilities of the Developer

  • Before MCST Registration & MC Constitution
  • After MCST Registration to First AGM: Initial Period
  • After First AGM: Handover to MCST

 

Duties & Responsibilities of Subsidiary Proprietors (SP)

  • Rights of SPs
  • Responsibilities of SPs
    – Compliance/Observe By-Laws
    – Maintenance Contributions
    – Maintenance of Lot & Exterior Features
    – Inter-floor Leaks
    – Compliance with Notices Issued by Public Authorities
    – Improvement & Alterations to Lots
    – Installation of Safety Equipment Permitted

 

Duties & Responsibilities of the Management Corporation (MC)

  • Preamble: MC & Two-Tier MC
  • Duties of the MC
  • Election of the MC Council
  • Rights & Conduct of MC Council Members
  • Duties of Office Bearers
  • Vacation & Removal: MC Council Member & Office Bearer
  • Restrictions to the Council

 

Duties & Responsibilities of Managing Agents (MA)

  • Role & Responsibilities of MAs
  • Professionalising of MA Services

 

Strata Property Management Administration & Documentation

  • General Meetings & Resolutions
  • MC Council Meetings
  • Insurances
  • Dispute Resolution
    – Informal Resolution
    – Mediation
    – Strata Titles Boards (STBs)

 

Michael Tan Kie Thye

Michael Tan has over 35 years of experience in property management, mainly with strata-titled residential and commercial properties. His expertise is in the application of strata laws in operations and is well-versed with two-tier management corporations.

Michael had held senior appointments with some of the major International Property Consultants, namely Jones Lang Wootton (now Jones Lang LaSalle) (as Senior Manager), Colliers International (as Director), Savills CKH Property Management Pte Ltd (as Assistant Managing Director) as well as with Knight Frank Singapore as Deputy Managing Director, Asset & Estate Management and member of the Board)

After leaving the managing agent industry in 2020, Michael has been appointed Consultant to some Management Corporations to advise on compliance matters relating to the Building Maintenance & Strata Management Act. He also holds an Advanced Certificate in Learning & Performance (ACLP) and is presently giving lectures on strata management with the Real Estate & Construction Academy.

Option 1 (Face-to-Face)Venue: Unit #04-08, Devan Nair Institute for Employment & Employability
80 Jurong East St 21, Singapore 609607

Option 2 (Live Streaming via RECC Elearning Portal)Username and password will be assigned on receipt of registration and course fees

$615 nett per person. Course fees includes full colour course documentation and refreshments at tea breaks.

The course will benefit those who have a vested interest in buildings including:

  • Developers
  • Building Owners
  • Government Officials
  • Architects
  • Engineers
  • Project Managers
  • Quantity Surveyors
  • Contractors/Sub-Contractors/Suppliers
  • Property Managers
  • Facilities Managers
  • Maintenance Managers
  • Management Corporations
  • Town Councils
  • and Others

Cancellations made one week before the scheduled commencement date of the course will be subjected to an administrative fee of $100.00. The full fee of $615.00 will be payable thereafter for any cancellation; substitutions can be made at any time.

Mr Ken Chew
Tel: 6563 4166
Fax: 6563 4156 
E-mail:exectrg@recc.com.sg

It may be necessary for reasons beyond RECC’s control, to change the content and timing of the programme and the identity of the course leader/s.

1 Day Training Course

7th Run

Strata Property Management: Legislations and Management Challenges

Qualified for 7 PDUs by PE Board

$615.00 / person

Course Date & Venue:

19 March 2024, 9:00am to 6:00pm

Course Objectives

Unique features of strata-titled properties Purpose and main provisions of the BMSMA Roles of the Developer as interim trustee manager prior to registration of the Strata Title.

Joining Participants: