by Archi-QS | Sep 27, 2023 | All Posts, Strata Services
In the event of a capital work cost surpassing the capabilities of the capital works fund, strata schemes may resort to a Special Levy. This financial mechanism involves distributing a one-off cost among the property owners within the scheme. Why Special Levies arise?...
by Archi-QS | Sep 19, 2023 | Strata Services
If you don’t know when you should choose a detailed detailed Capital Works Plan, keep reading this blog post to find out! A detailed Capital Works Plan is suitable for properties: That have undergone major capital works upgrades. Have plans to undergo major capital...
by Archi-QS | Sep 11, 2023 | All Posts, Strata Services
When it comes to maintaining a building’s integrity, there’s a common misconception that we simply set a date for replacements or repairs and expect residents to foot the bill. But here’s the real deal – that’s not how Capital Works Plans...
by Archi-QS | Sep 4, 2023 | All Posts, Quantity Surveying, Strata Services
A Capital Works Plan, formally known as a Sinking Fund Forecast, is a document that outlines the anticipated future expenses required to maintain and upgrade the common property of a strata scheme over 10 years. It serves as a roadmap for managing the financial...
by Archi-QS | Sep 14, 2022 | All Posts, Council Cost Reports, Insurance Valuations, Project Management, Quantity Surveying, Strata Services, Tax Depreciation, Updates, Insights & Thoughts
Visionaries: Samuel Star (Archi-QS Founder and Principal) has been published in the June-August 2022 Built Environment Economist. With over 30 years of accumulated knowledge and experience in the quantity surveying industry, Samuel is undeniably a visionary of his...
by Archi-QS | Dec 8, 2021 | All Posts, Architecture, Project Management, Quantity Surveying, Strata Services, Updates, Insights & Thoughts
Project Remediate is the introduction of a 10-year interest-free loan to applicable owners’ corporations for cladding remediation works. The NSW Government will pay for the interest on the loans on behalf of unit owners to fund and fast-track the removal of high-risk...
