What Does It Mean?
Management Corporation Strata Title (MCST)
Management Corporation Strata Title (MCST) is the legal body formed by all unit owners in a strata-titled development to manage and maintain the common property, including lobbies, lifts, pools, and gardens.
Sinking Fund
The sinking fund is a reserve maintained by the MCST for major repairs and improvements such as repainting, lift replacement, or waterproofing. Contributions are collected alongside regular maintenance fees.
Management Fund
The management fund covers the day-to-day operating costs of a condo development, including security, cleaning, landscaping, utilities for common areas, and insurance.
Worked Example
Typical monthly MCST fees for a 3-bedroom condo (~1,200 sqft):
Luxury condos with extensive facilities (concierge, multiple pools, tennis courts) can exceed $1,000/month in MCST fees.
Why It Matters
MCST fees are a recurring cost that directly impacts your net rental yield and cash flow. A $600/month MCST fee on a $3,500/month rental reduces your gross yield by over 17%.
Where to Find This on ShiokNest
- Property detail pages (fees section)
- Annual Maintenance Checklist
- Property detail pages
Look for the tooltip icon next to this metric on ShiokNest for a quick reminder of its definition.
Official Sources
Loading quiz...
Frequently Asked Questions
Can MCST fees increase?
What if I disagree with how MCST funds are spent?
This glossary article is auto-generated from ShiokNest's financial data and updated periodically. Rates and figures are current as of March 2026. Check official sources for the latest.