FLATTED FACTORY MANAGEMENT IN SINGAPORE

Abstract

Property Management is not an unenviable task. It "is a highly skilled profession - not the sort of thing anybody can do - it covers every aspect of the profession"1. The property manager has to be builder, surveyor, lawyer, accountant, architect and quantity surveyor : he must also be a diplomat. And to manage flatted factories, which are occupied not only by a few people, but by thousands of workers who are usually lowly educated, certainly calls for more than just a 'manager's skill'. Undoubtedly problems will arise, solutions will be sought but have their causes been analysed, have they been nipped in the bud? Flatted factories have proliferated over the last decade. And though the writing may be on the wall now discouraging immense supply of flatted factories, what of the existing ones? Returns on investment in this sector are already poor but are there remedies? Would good management of such properties help or would they become obsolete properties with accelerated, deterioration? A This dissertation therefore serves to highlight the methods and problems of flatted factory management and attempts to pinpoint the problems and the causes.