Simon Griffiths was in charge of managing the company's real estate CBRE Cambodia for 4 years, who participated in major construction projects, many celebrities in Phnom Penh, and the experience of buying - selling - leasing and management of real estate development projects for more than 10 years, both in the Kingdom Cambodia and the United Kingdom.
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Condo buyers, most buyers do not care who is responsible for the construction has been completed and that materials quality, long-term foundation.
The construction will not care and can make a dramatic impact on prices when sold or leased and there are also many other effects. According to Simon Griffiths, chief representative of CBRE.
In an interview, especially with real estate Post Griffiths explains why real estate investors and consumers in the city needs to carefully consider the construction management and management of services.
While the real estate market is hotly hectic activity and new condo buildings are springing appears more constant In Phnom Penh, rare topics that will be discussed is whether this condo will be How some have been completed, and construction buying, selling or renting?
Although the real estate management influence the consumer's decision before working without including advantages when sell or rent, this point was not much interested. Location and reputation of the investor or the owner of the project equipment, construction and beauty are the factors that influence the consumer's decision whether to buy or not? Although the real estate management and is a key before buying a condo.
A sentence saying: be careful when customers condo has a lower management fee!
Isaac thought that if you buy a Porsche sports series fuel bottles along the way, or even willing 2 penny per liter, high quality fuel which can protect your vehicle? How will you take care of your car clean or willing to host ACU? And you will love and want to protect what you have to spend money on.
Identical to spend money on real estate. Low price controls will make no quality control, and it will make a rapid impact on customers and tenants, although - - Short-term rental. If no quality control costs to buy condos very risky, do not need to talk about go to live in a condominium. If so, why are the majority of buyers for condominiums with high quality but then demanded lower management fees, ?
Let's enter this discussion to the subject property market. Mostly called standard market price for management services in the city are set to be in a range from 0 , $ 50 and $ 1 per square meter, but consumers generally think $ 1 meter excessive fees.
Now try to think that there are 100 condominium buildings and each building has a size of 100 square meters, if you pay $ 0.50 Monthly cost per square meter for the management services will be $ 5,000 per month for all condos. This money is for the administrator to repair buildings accounting technical life insurance cleaned free 24-hour security protection spare parts, construction materials and many other parts. This spending could make the building process forward, you can forget about the quality (such as the quality that our customers should ) and faced with low safety standards broken equipment and buildings that are very poor, which employs no water working well.
Now do you want to pay a lower management fee or willing to pay more to get the quality should be enjoyable?
Even if you pay $ 1 to 1 square meter condo building process forward, but you still can not get high quality.
Most customers who are interested in this factor management services was too low, making it difficult for investors or project owners to provide quality real high. Plus with a decent salary for employees to have a high quality management services is even more difficult.
In total, most of which have been called: the standard market price for condominium management services in Phnom Penh, this is not possible and it created a controversy that customers can not get what they expected and what they should get from a quality management services. Sometimes it is even more serious when customers think management services more and more cheap and good, including investors and the owner plans to do to attract those customers to buy to do this not only help sales provide quality of service.
The result is a case that the effective discount management services help sales, but does not provide the same quality expectations . To provide quality services at cheaper will provide a tough obstacle to project owners to offer spelling achievement with real quality.
The actual status of the project, which is set for a lower quality property management services have affected the sales price when rental and standard of living that cause customer dissatisfaction and could damage the reputation investors or project owners. It's not a long-term view and make the loss of benefits.
So how project owners and customers should consider how?
As the owner of the project, you must not think the only option to quickly sell out. Properly spent, including the strength and wisdom to those able to provide the quality of construction management services buildings as well as to customers who should be appropriate, although not able to sell quickly.
As you purchase comprehensive before buying something, not only face value . Be aware that what you want quality at any level, and whether you want some things from your spending. If you pay less low quality, so you are ready to get it done before your work expenses .
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