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Property Management Contract Template for Singapore

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Key Requirements PROMPT example:

Property Management Contract

"I need a Property Management Contract for a newly constructed 50-unit luxury condominium in Singapore's Orchard Road area, with emphasis on high-end amenities management and concierge services, starting from March 2025."

Document background
The Property Management Contract is essential for property owners and management companies operating in Singapore's real estate sector. This document is used when engaging professional property management services, ensuring compliance with Singapore's strict regulatory framework, including the Building Maintenance and Strata Management Act. It outlines comprehensive service provisions, maintenance requirements, financial obligations, and operational standards. The contract is particularly important in Singapore's context due to the high density of strata-titled properties and the government's emphasis on professional property management.
Suggested Sections

1. Parties: Identifies and defines the contracting parties - the property management company and the property owner/corporation

2. Background: Context of the agreement including property details and purpose of engagement

3. Definitions: Key terms used throughout the agreement including technical and legal definitions

4. Scope of Services: Detailed description of management services including maintenance, security, cleaning, and administrative duties

5. Term and Termination: Duration of agreement, renewal terms, and conditions for termination by either party

6. Fees and Payment Terms: Management fees, payment schedule, additional charges, and late payment provisions

7. Obligations of Property Manager: Specific duties including compliance, reporting, maintenance, and service delivery standards

8. Obligations of Property Owner: Owner's responsibilities including access, information provision, and decision-making authority

9. Insurance Requirements: Required insurance coverage, minimum limits, and certificate requirements

10. Compliance with Laws: Obligations to comply with Singapore property management and building maintenance laws

Optional Sections

1. Performance Standards: Specific KPIs and service levels for property management performance measurement

2. Staff Requirements: Specifications for on-site staff including qualifications and working hours

3. Emergency Procedures: Detailed protocols for handling various types of emergencies

4. Sustainable Management Practices: Requirements for environmental compliance and green building maintenance

Suggested Schedules

1. Schedule 1 - Property Details: Comprehensive description of the managed property including facilities and equipment

2. Schedule 2 - Service Level Agreement: Detailed service standards, KPIs, and performance measurement criteria

3. Schedule 3 - Fee Schedule: Detailed breakdown of management fees, additional charges, and payment terms

4. Schedule 4 - Maintenance Schedule: Calendar of planned maintenance activities and their frequencies

5. Schedule 5 - Staff Organization Chart: Management team structure and reporting relationships

6. Schedule 6 - Emergency Procedures Manual: Comprehensive emergency response procedures and contact information

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































Clauses






























Industries

Building Maintenance and Strata Management Act (BMSMA): Primary legislation governing strata-titled properties management, defining property managers' duties and powers, maintenance fund requirements, and dispute resolution mechanisms

Building Control Act: Regulates building works, construction standards, and ensures building safety and accessibility requirements are met during property management

Fire Safety Act: Outlines fire safety requirements, emergency response procedures, and mandatory regular fire safety inspections for property management

Environmental Public Health Act: Covers cleanliness standards, sanitation requirements, waste management regulations, and pest control requirements for property management

Security and Private Security Industry Act: Governs security services requirements, licensing of security personnel, and implementation of security measures and protocols

Personal Data Protection Act (PDPA): Regulates the handling of residents' personal information, data protection obligations, and consent requirements in property management

Employment Act: Governs employment terms and conditions for maintenance staff, including workplace safety requirements in property management context

Workplace Safety and Health Act: Establishes safety standards for maintenance work, risk assessment requirements, and protection measures for workers and occupants

Contract Law (Common Law): Covers contract formation, terms and conditions, breach and remedies under Singapore's common law system

Companies Act: Regulates corporate entities and corporate governance requirements when dealing with company-related property management matters

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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