maintain and enhance the property in order to cope with the market value
PROPERTY MANAGEMENT
Project owner : (9)
- project developer
- construction and engineering
- sales and marketing
- documentation and legal
- customer care
- accounting & treasury
- procurement
- general services
- other support services
Support group : (6)
- admin
- accounting, treasury & audit
- facilities management
- legal
- general services
- other services
Site deployment: (5)
- property manager
- admin office
- facilities officer & engineer
- accountant
- admin assistant/ billings clerk
Principal role of property management
maintain and enhance the property
Basic property management services: (9)
- security and safety services
- general upkeep of common areas
- landscaping
- waste management
- community development
- repair and enhancements
- ground maintenance
- admin services
- pool services
handles the construction
Contractor
post construction (2)
- turn over
- operations
Turn over is initiated by the
Developer
Receives units
Turn over group
Receives common areas
Property management
Operations is handled by
Property management
Property management is under
condominium corporation
Provides professionally run property with highest standard of quality services
Property management
After 50 years, condominium corporation property managers will decide if they will
- retrofit
- demolish
- sell
98%
Substantial completion
How many percent for occupancy permit
98%
How many percent for punch listing rectification
2%
Who will pay for the electric & water consumption
Construction
Contractor
Who will pay for the electric & water consumption
Turn over
Developer
Who will pay for the electric & water consumption
Unit turn over
Unit owner
Facility officer should either be a
- Civil engr.
- electrical engr.
- mechanical engr.
