Property Management Agreement Template for Singapore

A Property Management Agreement sets out the legal relationship between property owners and the professionals they hire to manage their real estate in Singapore. This contract spells out how the property manager will handle day-to-day operations, from collecting rent and maintaining the property to dealing with tenants and contractors.

Under Singapore's Building Maintenance and Strata Management Act, these agreements must clearly define the manager's duties, fees, and reporting obligations. They typically cover key areas like maintenance schedules, emergency responses, financial reporting, and the scope of the manager's authority to make decisions on the owner's behalf. Good agreements protect both parties by setting clear expectations and standards.

Use a Property Management Agreement when you're ready to hand over the management of your residential or commercial property to a professional in Singapore. This is especially important for landlords who own multiple properties, live overseas, or lack the time and expertise to handle day-to-day property operations themselves.

The agreement becomes essential when dealing with high-value properties, multiple tenants, or complex maintenance requirements. It provides clear direction for handling rent collection, maintenance schedules, tenant complaints, and emergency repairs. For strata-titled properties under MCST management, having this agreement helps ensure compliance with Building Maintenance and Strata Management Act requirements.

• Contract For Property Management Services: Basic agreement for single residential or commercial properties, covering standard services like rent collection and maintenance
• Condominium Management Agreement: Specialized for managing strata-titled properties, focusing on common areas and facilities management
• Managing Agent Contract: Comprehensive agreement for large-scale property portfolios, including multiple buildings or developments
• Management Lease Agreement: Combines property management with lease terms, often used for serviced apartments
• Real Estate Management Contract: Full-service agreement covering both property management and real estate transactions

• Property Owners: Individuals, companies, or investment trusts who engage management services for their Singapore properties, setting expectations and delegating authority
• Property Management Companies: Licensed firms that execute the agreement's terms, handling daily operations and maintenance
• Legal Counsel: Lawyers who draft and review Property Management Agreements to ensure compliance with Singapore regulations
• MCST Councils: Management corporation representatives who oversee agreements for strata-titled properties
• Building Managers: On-site professionals who implement the agreement's operational requirements
• Tenants: While not direct parties to the agreement, they interact with property managers under its terms

• Property Details: Gather complete address, property type, and facility specifications to define the management scope
• Service Scope: List specific duties like maintenance schedules, rent collection, tenant management, and emergency protocols
• Financial Terms: Document management fees, operational budgets, and payment schedules
• Authority Limits: Define spending thresholds and decision-making powers for the property manager
• Legal Requirements: Check compliance with Building Maintenance and Strata Management Act regulations
• Party Information: Collect full legal names, registration numbers, and contact details of all involved parties
• Documentation: Use our platform to generate a comprehensive agreement that includes all these elements in compliance with Singapore law

• Party Identification: Complete legal names, registration numbers, and addresses of property owner and management company
• Property Description: Detailed specification of managed property, including address and facilities covered
• Service Scope: Comprehensive list of management duties, maintenance responsibilities, and reporting requirements
• Financial Terms: Management fees, payment schedules, expense policies, and budget authorization limits
• Duration & Termination: Contract period, renewal terms, and conditions for early termination
• Liability & Insurance: Risk allocation, required insurance coverage, and indemnification provisions
• Dispute Resolution: Singapore law as governing law, mediation procedures, and jurisdiction clauses
• PDPA Compliance: Data protection obligations and privacy safeguards

A Property Management Agreement differs significantly from a Facilities Management Agreement, though they're often confused. While both deal with property maintenance, their scope and focus are quite different.

• Scope of Authority: Property Management Agreements cover comprehensive property operations, including tenant relations, rent collection, and strategic decisions. Facilities Management focuses solely on maintaining building systems and infrastructure
• Financial Responsibilities: Property managers handle complete financial oversight, including rent collection and budget management. Facilities managers typically only manage maintenance budgets
• Legal Obligations: Property managers act as the owner's representative in tenant matters and third-party contracts. Facilities managers have limited legal authority, mainly dealing with contractors and service providers
• Regulatory Compliance: Property Management Agreements must address Singapore's Building Maintenance and Strata Management Act requirements. Facilities agreements focus on technical compliance and safety standards