While New Zealand’s apartment market is not the same scale as Singapore’s, it’s creating problems that a new watchdog wants to help fix.
The rapid growth of apartment living has given rise to a new watchdog group, set up to give owners and body corporate managers a louder voice.
SCANZ, or Strata Community Association New Zealand, is an offshoot of an Australian organisation.
SCANZ president and body corporate manager Joanne Barreto said the estimated $40 billion body corporate sector in New Zealand would only grow bigger and tighter rules were needed.
