Common property in strata titled developments in Singapore

Author:

Christudason Alice

Abstract

In the face of Singapore's land scarcity problem, there is an increasing prevalence of strata‐titled developments providing private housing in Singapore. This paper considers the awareness in certain quarters of certain fundamental aspects of this unique form of property ownership. The particular aspect which this paper considers is the understanding and interpretation of the term “common property” among two important groups of people. The first group comprises those who purchase strata title properties – they are referred to as “subsidiary proprietors”. The second group comprises “managing agents” (MAs), who may be delegated this task of professionally managing and maintaining the strata‐titled development. The findings of a survey are that their understanding of this fundamental term is inadequate. Based on these findings, the paper concludes with recommendations for improving the level of professionalism among MAs through licensing and courses for continuing professional development. This will bode well for the overall state of strata‐titled developments which are not only here to stay, but are expected to increase in number in Singapore.

Publisher

Emerald

Subject

Business, Management and Accounting (miscellaneous),Finance

Reference6 articles.

1. BCA (2003), Building and Construction Authority, available at www.bca.gov.sg/.

2. Bugden, G.F. (1993), Strata Title Managment Practice in New South Wales, 6th ed., CCH Australia, North Ryde.

3. Christudason, A., Ho, N. and Ricquier, W.J.M. (2001), Halsbury's Laws of Singapore Land Volume 14, Butterworths, Asia.

4. Khublall, N. (1995), Strata Titles, Butterworths, Asia.

5. Teo, K. (2001), Strata Title in Singapore and Malaysia, Butterworths, Asia.

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