All Updates

Application for Exemption under Section 134(a) of the Building Maintenance and Strata Management Act (“BMSMA”)

To expedite the process of the termination of a strata subdivision of a building where the management corporation is constituted by sole subsidiary proprietor, they can seek from the Minister for National Development (“MND’) to exempt from requirement of the 21-day notice period and 12-week waiting period [Section 2 (7) of the BMSMA] to procure the resolution by consensus to terminate the Management Corporate Strata Title.

Budget 2011

Good Governance for Management Corporation

Please click here to download.

Knowledge Base:

MCST

Budget 2010

Changes in FRS1 - MCST Reporting Formats Revised

Dear Valued Clients,

In line with changes of FRS 1, FS reporting formats have been revised accordingly. The Financial Statements issued for period beginning on or after 1^st Jan 2009 shall be based on this Financial Statements Illustration. Please take note that only relevant areas are amended and or modified to suit the MCST entity.