Strata Titles Board rules that MCST has no power to permanently remove common property

To all management committee (MC) , Many a times, when  a new Managing Agent (MA) is appointed, the accounts will be managed and input by the accounts department of the MA. If for any reasons the MA is to be replaced, the handover of accounts will be carried out and the new MA will have…

One of the MA told me that the property industry people, especially with the SP, would like to see themselves communicating with a person than a faceless email account They prefer mary.loh@your_company.com.sg rather than an email account as manager@your_company.com.sg The problem is when Mary resign, you either has to send an announcement to all stakeholders…

To all MC, Each MA will create a new email for your SP to contact them for report of defects, applications , or any correspondences. When the MC decided to change your MA, what happened to the follow ups that are still pending? Who owns the email trials? How do you handle the emails that…

Looking at the picture, both are fruits, but looking closer, one is an apple and the other is an orange, but they are considered fruits generally. A lot of accounting software is designed for trading or service businesses but not for property management (MCST)  account. If your software is not designed for a MCST business,…

Your vendors will send their invoice(s) to your MA, so will your banker, sending your monthly bank statement to your MA. Question : What happened when you change your MA? Answer 1 : Your new MA will have to inform all your vendors and banker a change of mailing address. Informing your vendors are much…

Do you see the picture above familiar? Stacks of envelops ready to be sent out? Chances is that you are not sending the SP statement of accounts via email, and your current system do not support direct email from the software you are using. There is a trend of younger owners and they are requesting…