Top Condo Management Companies in Singapore: How They Work & Why They Matter
Last updated: 24 Aug 2025 • by CondoListing.sg
Ever wondered who keeps your condo’s facilities running smoothly? In Singapore, every condo is managed by a Management Corporation Strata Title (MCST), often with a professional Managing Agent (MA). Here’s a guide to how they work, why they matter, and who the key players are.
1) What is an MCST?
When a condominium is completed, a Management Corporation Strata Title (MCST) is formed to oversee the upkeep of common property. The MCST is a legal body created under the Building Maintenance and Strata Management Act (BMSMA).
The MCST collects maintenance fees, manages the sinking fund, and ensures compliance with building regulations. See BCA’s guide to condominium management for more. The quality of management directly impacts maintenance fees and how effectively they’re used.
2) Role of Managing Agents (MAs)
Most MCSTs appoint a licensed Managing Agent (MA) to handle day-to-day operations. Duties include:
- Overseeing security, cleaning, and landscaping vendors
- Maintaining facilities like pools, gyms, lifts
- Ensuring fire safety compliance (SCDF guidelines)
- Preparing budgets & audited financial statements
- Organising AGMs and executing residents’ resolutions
MAs must be licensed under the BCA’s Managing Agent Licensing Framework.
3) Top condo management companies in Singapore
Here are some of the major players providing managing agent services to Singapore condos:
- Knight Frank Property Asset Management – manages a wide portfolio of luxury and mass-market condos.
- Colliers International Property Management – strong in premium projects and mixed-use developments.
- Savills Property Management – active in residential and integrated developments.
- CBRE Property Management – global firm with large-scale strata expertise.
- Local firms (e.g. Wisely 98, AA Management) – boutique service for mid-sized condos.
For the full list of licensed MAs, visit the BCA’s register of Managing Agents.
4) AGMs & resident participation
Every MCST must hold an Annual General Meeting (AGM). At the AGM, residents can:
- Vote on the annual budget and confirm maintenance fees
- Elect a council of subsidiary proprietors
- Raise motions on by-laws (e.g. pets, parking, rentals)
See BCA’s guide to residents’ rights for official info.
5) How to assess management quality
When evaluating a condo, look for these indicators:
- Cleanliness & upkeep: Are common areas well maintained?
- Transparency: AGM minutes & financial statements should be accessible.
- Responsiveness: Ask residents about the MA’s service quality.
- Budget efficiency: Compare maintenance fees against facilities provided.
- Compliance: Confirm the MA is BCA-licensed.
A good managing agent also shapes the lifestyle and community experience within the condo.
6) FAQ
Who appoints the Managing Agent?
The MCST council, elected by owners, appoints the MA — usually renewed at each AGM.
Can residents change the MA?
Yes. At an AGM or EGM, owners can vote to change the MA if standards are unsatisfactory. See BCA guidelines.
Are Managing Agents regulated?
Yes. All MAs must be licensed by the BCA.
What happens if no MA is appointed?
The MCST council must self-manage, which can be difficult for larger developments.