Executive Training Course (1-Day)
STRATA PROPERTY MANAGEMENT:
Legislation and Management Challenges
» Qualified for 7 PDUs by PE Board
Course Background
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.
Course Objectives
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.
- Course Programme
- 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)
Course Leaders
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.
Course Dates
Friday 7 Jan 2022 / Monday 7 Mar 2022
Course Fees
$615 nett per person. Course fees includes full colour course documentation and refreshments at tea breaks.
All Singaporeans aged 25 and above can use their $500 SkillsFuture Credit from the government to pay for a wide range of approved skills-related courses. Visit the SkillsFuture Credit website (www.skillsfuture.sg/credit) to choose from the courses available on the Training Exchange course directory. NTUC members may claim up to $250 under the Union Training Assistance Programme (UTAP).
Course Accreditation and Certificate of Attendance
The course has been approved for 7 PDU units under the PE Board Continuing Professional Development programme. Attendance certificates will be issued; they may also be suitable for meeting the CPD requirements of other relevant professional bodies not operating a CPD course accreditation system.
Who should attend
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
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.
Registration & Enquiries
Mr Ken Chew
Tel: 6563 4166
Fax: 6563 4156
E-mail: exectrg@recc.com.sg
Please note:
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.
