Ageing condos could get help to fix estate problems, maintain sinking funds under new proposal

Ageing condos could get help to fix estate problems, maintain sinking funds under new proposal

The Straits Times - Business·2026-03-04 15:02

SINGAPORE - Owners of older condominiums could find it easier to get urgent estate problems fixed, under a new proposal to reduce the consent threshold for essential works.

And to tackle higher maintenance costs and insufficient funds, management corporation strata titles (MCSTs) could also be told to make key financial information available to owners and prospective buyers.

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