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Allow public access to sinking fund records
The Straits Times
|August 18, 2025
I refer to the article "Some ageing condos in Singapore struggle with failing infrastructure, inadequate sinking funds" (Aug 7).
I refer to the article "Some ageing condos in Singapore struggle with failing infrastructure, inadequate sinking funds" (Aug 7). Singapore's condominium market is a vital part of our housing landscape, yet a crucial piece of financial information remains hidden: the financial health of our management corporation strata titles (MCSTs).
While all MCSTs are currently required to submit their maintenance fund and sinking fund details to the Building and Construction Authority (BCA), this data is not publicly accessible. It's time for this to change.
This story is from the August 18, 2025 edition of The Straits Times.
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