Newbie Simply Sakal bags management contract for 843-unit Siglap condo

Singapore

SAKAL Real Estate Partners, a relative newbie in the residential management-services industry, has clinched a mega contract - one for managing a condominium with over 800 units.

This new client is the brand-new 843-unit Seaside Residences in Siglap, which is getting its temporary occupation permit (TOP) later this year.

Before this, the biggest contract in the 27-month old firm's portfolio was a 73-unit condo.

Steven Ming, its managing partner and co-founder, said the Covid-19 circuit breaker has had a blanket effect on all businesses, but Sakal has been able to mitigate potential disruptions by leaning on technology and by being nimble.

"We continue to engage potential clients through the use of video-conferencing tools. It soon became apparent to the clients we spoke with that building an ecosystem that reduces the traditional reliance on labour on the ground is both need…