Managing million-dollar sinking funds, costly repairs: Do condo councils need mandatory training?
Raluca Maniță
The Building and Construction Authority has proposed a requirement for council members to undergo mandatory training as part of its review of the Building (Strata Management) Act. SINGAPORE: Like most ageing developments, the bill to keep Pine Grove condominium running has grown steadily over the years. The former Housing and Urban Development Company (HUDC) estate, which is more than 40 years old, is due for repainting works estimated to cost about S$1.8 million (US$1.4 million). Mandatory
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