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Strata title is a form of ownership and housing tenure devised for multi-level apartment blocks and horizontal subdivisions with shared areas. The word "strata" refers to apartments on different levels. Strata title was first introduced in 1961 in the state of New South Wales, Australia, to better cope with the legal ownership of apartment ...
Strata management, sometimes known as "body corporate management", is a specialist area of property management involving the day-to-day operation and management of a property that is jointly owned and comprises multiple units, common areas and common facilities.
Strata properties are a popular housing choice in B.C. because it is convenient, provides security and added amenities and is usually less costly than buying a single-family home. [ 5 ] As the price of single-family housing has soared to unprecedented levels in Vancouver , the number of new condominium sales has increased, along with prices.
Condominium (strata title), where one owns the interior of the unit and also a specified share of the undivided interest of the remainder of the building and land known as common elements. Freehold, where one owns exclusively the land and the dwelling without any condominium aspects. These may share the foundation as well but have narrow air ...
It has features similar to the strata title system in Australia, and condominium systems in the United States. Following a consultation by the Law Commission, [1] it was introduced by the Commonhold and Leasehold Reform Act 2002 as an alternative to leasehold, and was the first new type of legal estate to be introduced in English law since 1925 ...
Project Title : Upgrading of Suntec City Location : Suntec city, Singapore Owner : The Management Corporation Strata Title Plan No. 2197 Architect : Liu & Wo Architects Pte Ltd Year of construction : 2006 . In 2006, the old curtain wall was deemed to dark and the owners of requested for an upgrade into a more transparent and bright façade.
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Civil & Civic went on to become Australia's leading provider of project management services in the construction industry, delivering a number of landmark projects including Stage I of the Sydney Opera House, [3] Australia's first all concrete skyscraper (Caltex House), [4] and the world's first high-rise strata title apartment building (Blues ...