The residential market is not the sole domain where quality property management is highly valued. The same study by JLL shows that consistent quality property management contributes greatly to the competitiveness of office buildings. On the other hand, multi-owner strata-titled office buildings face the same challenges in securing quality property management as do many residential projects. Property management is more than just housekeeping and security work. There is plenty of evidence that without professional property management, real estate assets can lose competitiveness, no matter how well they were built.

Source: Bangkok Post March 29, 2017 04:07 UTC