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

Owners book facilities within the condo and paid a relatively small fee from tens to hundreds of dollars or when there are deposits involved. Not many condo have Paynow to be directly transferred to the MCST bank account, so handling of cash must still be managed properly. Many a times, these amount are recorded as…

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…

Currently, user generate late payment interest for SP that pay after the grace period, at the end of the month, after the bank reconciliation. That would mean after the month end, into the next month. When an SP pay after the grace period, we are able to calculate the late payment interest immediately and post…

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,…

Lets’ face it, all business owners will have a fare share of complaints and bitter experiences their customers had with your company products, services or worst, both, or even the front line staff. Whistle blowing is another more serious matter for any wrong doings by any rank in the company. We have a fair share…

Many a times, operation staff are requesting for quotes from new or existing vendors for ad hoc repairs or purchase of new parts or replacing existing tools or parts. It is made worst when they prepare the documents in their own drive and information is not shared out as how many RFQ sent or no…