MONUMENTAL ACHIEVEMENT AT BMSPA 2023, P1 PLUS
Examining the Resilience of Malaysian Property Developers During & After Covid-19 p6 Increase in New Launches in 1H 2023 p8 Commendable Performance at The Henry Butcher Malaysian & Southeast Asian Art Auction p10 JULY - SEPTEMBER 2023
Business Valuation for Transactions in Uncertain Times p11
2023 MARKS EXACTLY 20 YEARS OF MY TIME IN THE PROPERTY MANAGEMENT INDUSTRY. in the 21st century. No longer is
have been with us for more than 10 or
property management just about
15 years. This has injected meaningful
brick and mortar, it now demands
memories as we learn and grow
soft skills to communicate daily, not
together with the changing market
forgetting to educate and train the new
trends especially during the pandemic.
hands. Perhaps this is something the universities can look into so qualified
Property management to a large extent
graduates can instantly plug into the
requires a full gamut of skills. At the
system.
core are consistency, pragmatism, the desire for continuous improvement and
B
Suffice to say, the practice is not as
engaging in constant communication
straightforward anymore these days
with the stakeholders. This is vital
ack then, the practice was
but when done right, the satisfaction
because discrepancies can crop up at
challenging yet simple on many
derived from the job motivates us to
any stage. It is therefore important to
strive harder on every new day.
embrace bottom-up communication
fronts. We only had to deal with the
as well instead of just the conventional
fundamentals ie. security, cleanliness, lifts and landscaping. The complexity increases when add-on features are unconventional such as a concierge. The market is different today as developers adopt creative concepts to meet the increasingly sophisticated market demand. Thanks also to the KDN PP18893/11/2015(034373)
rising affluence including international brands (eg. Four Seasons Hotel Kuala Lumpur) entering the local market, property owners have over time raised their maintenance wishlist. Coupled with technological advancements and the shortage of manpower in this industry, we certainly have our work re-framed
top-down model. BMSPA 2023 With more people moving into In a way, 4 July 2023 lit up as a bright
stratified housing, our role as a
new day for us at Henry Butcher
property manager has also become
Malaysia Mont Kiara (HBMK). This is in
more critical. It is not enough to just
reference to the awards we won at the
be well-versed with maintenance and
BMSPA (Best Managed & Sustainable
good governance, we also need to
Property Awards) 2023. When asked
be conversant with the laws, bylaws,
how I feel about winning again, I can
best practices and to think out-of-the-
only say I am very happy and proud,
box when the time calls for it. To that
and I have to thank my dedicated team
end, I am happy to share that we have
at HBMK who have all played their part
achieved another new milestone in the
in making this happen.
setting up of a Sub-MC (Management Corporation) with a project owner
I would also like to thank my clients
complete with Commissioner of
who have entrusted us with managing
Buildings’ oversight.
their prized assets, some of whom