Singapore has a high-quality built environment, so most of us don’t’ ponder questions like “what if my condo runs out of money?” Or “will the government kick out an incompetent management council?” These are questions to which we often receive wrong answers. As such, we spoke to BCA to clear up some common misconceptions in the Singapore property market: 

Misconception #1: The first MCST of a condo is the best one, because they are picked by BCA; so condos that haven’t changed the original management are better

This is a misconception that may have grown out of another one: that the first MCST of a condo tends to be more professional. At some point, this may have been erroneously justified with claims that the first MCST is somehow picked by BCA, and is therefore “vetted”.

BCA has clarified that at the first Annual General Meeting (AGM), the Subsidiary Proprietors (SPs) will elect the