Impact of Strata Living in Singapore

In: Business and Management

Submitted By jaffer
Words 531
Pages 3
Singapore comprises all of 700 square kilometres and currently has a population of five million +. To alleviate Singapore’s land scarcity problem, Singapore’s planning agency – the Urban Redevelopment Authority, assigned higher development intensity or plot ratios for various sites in 1994. Such sites became highly prized assets overnight, and this triggered the so-called CS (Collective Sales) phenomenon, especially of strata developments (or condominiums) with freehold titles. CS is a form of collective action whereby all owners of separate units within a development sell their properties collectively and at the same time to a single party or a consortium/joint venture, which has the intention of redeveloping the site into a new development. The Land Titles (Strata) Act (Chapter 158) (in short LTSA) came into effect in 1967 to facilitate the subdivision of building or land into strata units (Christudason, 2003). The strata units are known as a “strata lot” which is a volumetric parcel defining a flat unit.
There is a widening disconnect between effective and efficient dispute resolution processes for strata systems and faster, simpler and cheaper settlement of disputes.
Disputes can be extremely upsetting and disruptive to individual members and to the strata community. Unresolved disputes or continuing violations can produce negative impacts on these important elements of a good neighbourhood. Living in a good neighbourhood includes having good and friendly neighbours even if there is not much interaction and active engagement involved. However, when people live close together, disagreements and disputes may arise over quality of life issues commonly referred to as “home-garden-and-kitchen” conflicts. Sometimes, disputes occur due to the “querulous behaviour” of residents who would make trivial complaints just to create issues in the neighbourhood. In courts,…...

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