yard: where you install your washing machine and dryer, a place to hang your clothes to dry etc
Bin Centre
STRATA MANAGEMENT GUIDE : or refer to bca.gov.sg website
Plot Ratio: 容积率
Gross Plot Ratio : >=2.8 (high density)
Master Plot Ratio
Gross Plot Ratio * Site Area = Gross Floor Area
Sims residences:
Developer: CASELDINE INVESTMENTS PTE LTD
Architect: SAA ARCHITECTS PTE LTD
Main Contractor: LKN CONSTRUCTION PTE LTD
Land Size (sqm): 5,698
Master Plan GFA (sqm): 15,954
Master Plan Plot Ratio: 2.80
99 Yrs From 11/08/1997
Common Terms:
Management Corporation(MC): Collectively the owners of the lots in the strata scheme. This is formed when the strata plan is registered. The MC is formed automatically when the strata title application is registered, and comprises of all Subsidiary Proprietors (SPs, i.e. unit owners) of the condo. The MC is considered a corporate entity. This means it is capable of suing or being sued.
The Management Corporation Strata Title (MCST) refers to the managing body of a strata-titled property such as a condominium (colloquially known as a “condo”). This managing body is also known as the Management Corporation (MC), and its main role is to control and manage common property of the condo.
Management Council: Representatives of the owners elected at the annual general meeting. The powers of the management council are limited under the Building Maintenance and Strata Management Act but the owners may also impose further restrictions. The Management Corporation(MC) will be represented by a council (known as the Management Council), which comprises of a representative body of members elected from among the SPs or their nominees
Subsidiary Proprietors (SPs): unit owners
quorum: the minimum number of members of an assembly or society that must be present at any of its meetings to make the proceedings of that meeting valid. Before any motion can be voted upon at a general meeting, a quorum must exist, i.e. • 30% of the total share values of the strata scheme OR • If there is no quorum, those present after an adjournment of half and hour after the appointed time shall constitute the quorum A quorum must consist of at least 2 subsidiary proprietors persons or the Chairman alone. At management council and executive committee meetings, a quorum is constituted when more than half of the members are present
Proxy: A person appointed in writing by an owner or mortgagee to attend a management corporation meeting and vote on that person's behalf.
Share Value: Each lot is given a "share value" and this is shown on the strata plan. The amount of the share value varies depending on a number of factors, i.e. area of the lot. Levies payable are based on the share value of the lot.
STB: The Strata Titles Boards are tribunals established under the Building Maintenance and Strata Management Act (BMSMA) to mediate and hear applications between subsidiary proprietors and management corporation, or between subsidiary proprietors, in matters relating to certain disputes arising in respect of strata titled property and orders for collective sales of property under the Land Titles (Strata) Act.
Management fund: Levies are paid into this fund for the purpose of meeting its actual or expected liabilities incurred or to be incurred within the period (not exceeding 12 months) specified in the determination in respect of — (a) the regular maintenance and keeping in good and serviceable repair of parts of the parcel being the common property, fixtures, fittings and other property (including movable property) held by or on behalf of the management corporation; (b) the common expenses of the management corporation; (c) the payment of insurance premiums; and (d) all other liabilities incurred or to be incurred during that period by or on behalf of the management corporation in carrying out its powers, authorities, duties and functions.
Sink fund: Levies are paid into this fund for the purpose of (a) painting or treating of any part of the common property which is a structure or other improvement for the preservation and appearance of the common property; (b) major repairs and improvements to, and maintenance of, the common property and boundary wall; (c) the renewal or replacement of the common property, fixtures, fittings and other property (including movable property) held by or on behalf of the management corporation; (d) the acquisition of movable property; and (e) such other liabilities expected to be incurred at a future time where the management corporation determines in a general meeting that the whole or part thereof should be met from its sinking fund.
Strata Plan: This is the plan registered at the Singapore Land Authority office which shows the building on the land indicating lots and common property.
Strata Roll: This is a register of the owners of each lot in the strata scheme. It also includes the name of any mortgagee, or lessee (if notified).
Unanimous resolution: The motion is decided at a general meeting of which at least 21 days' notice specifying the motion has been given and is supported by every valid vote cast for the motion.
90% resolution: The motion is decided at a general meeting of which at least 21 days’ notice specifying the motion has been given and, on a poll, at least 90% of the total share value of all valid votes are cast for the motion
Common disputes brought before the Boards include those on inter-floor water leakages, performance or failure to perform certain duties under the BMSMA or by-laws, applications to convene meetings or invalidate resolutions passed by the management corporations, car parking woes, complaints with regards to alterations to common property, applications to revoke or invalidate certain by-laws, supply of information by management corporation, or management corporation requesting to enter an apartment to carry out particular work.
As a neutral tribunal, the Strata Titles Boards does not advise one party against the other nor provide legal advice on any matter which may potentially be heard before it.