Insights and News
When should I choose a detailed Capital Works Plan?
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...
The Role of Quantity Surveyors to Achieve Your Dream Home
The September edition of the Built Environment Economist features an article authored by our principal, Samuel Star. This article comprehensively outlines the various roles of a Quantity Surveyor within the realm of construction and renovation...
Minimising Out of Pocket Expenses with our Capital Works Plans
At Archi-QS, we understand the profound impact that our recommendations in a Capital Works Plan can have on the lives of residents within a building. We recognize that each property is unique, and a one-size-fits-all approach won't cut it. That's...
Capital Works Plan: The Truth Behind It
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 work!...
The Importance of Updating Capital Works Plans Regularly
When should I update my Capital Works Plan? As mandated by the Strata Schemes Management Act 2015 No 50 section 80, a capital works plan needs to be reviewed every 5 years: “(3) An owner’s corporation may, by resolution at a general meeting,...
Capital Works Plan: A Comprehensive Introduction
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...