6 Answers

askguru expert
Hi Jeremy Phuah, thanks for writing to us on AskGuru.

MCST refers to Management Corporation Strata Title (MCST) for the management of common property in strata-titled developments such as condominiums. The Building Maintenance and Strata Management Act (BSMA) provides that a non-profit corporation, called the Management Corporation (MC) must be formed by all the subsidiary proprietors (after legal completion) to own and administer the common property. For more information, please refer to this link: https://www.propertyguru.com.sg/property-guides/importance-of-management-corporation-strata-title-mcst-9866

Hope this answers your question.

Best Regards,

Team PropertyGuru
Kelly S.R
MANAGEMENT CORP STRATA TITLE

THIS IS WHERE YOU PAY FOR THE MAINTENANCE AND SINKING FUND OF YOUR ESTATE
Abby 经纪人 Tee &&
Management corporation strata
Mani Subramanian Veeramani
Jeremy,

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Shawn Khoo
In real estate term, MCST stands for “Management Corporation Strata Title”. it simply refers to the managing body of a condominium or any compound which has multiple owners and shared public facilities (such condominiums, strata-landed, or any commercial building such as offices, shopping malls).
Each Management Corporation is contracted to manage an estate it is given a name that runs like this: Management Corporation Strata TItle Plan No. xxxx (where “xxxx” are running numbers).

MCST take charge the common compound/services of the development such as swimming pool, tennis court, gym, security and so on. All such public facilities have to be managed, maintained by professionals.

All owners are therefore required to pay for the MCST’s services through their monthly maintenance fees.

Hope the above address to your concern, but if there are more queries, please feel free to call/WhatsApp me at 9366 1846, or email: shawnkhooch@gmail.com if more information is needed.

I’m obliged to assist your needs.

Warm Regards,
Shawn Khoo
PNG Propnex
BA Design (Hons), DIP Architecture

Email: shawnkhooch@gmail.com
Contact: (+65) 9366 1846
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Daniel Ho
MCST = Management Corporation Strata Title.

While each condo estate has a common name, eg "Marina One Residences" or "Sims Urban Oasis", it will have an official or legal name.
Such a legal name will run in the format like:
"Management Corporation Strata Title Plan No. 1234".
This is the official identifying name of the estate and is in bank accounts and legal documents.

The basis of such a name, and the word "plan" is that this is how the Strata Title Board has approved the title division or title stratification of the land title among the subsidiary owners. While the condo sits on one piece of land (usually one), the ownership is shared amongst the subsidiary owners by a fixed scheme.
This plan/scheme is drawn up by the developer and is approved by the Strata Title Board.

Feel free to contact me if you have more questions.

Regards

Daniel Ho
OrangeTee Real Estate
wa.me/+6593868788
93868788