Top 4 property management companies in Malaysia
pssst…want to find quick and FREE solutions to your property management stresses? Scroll to the bottom 😉
Property management companies play a very big and important role when it comes to the management of the rental properties out there. This includes the involvement of a third party which manages the day to day operations regarding the management, renting, and maintaining the property on behalf of the owner. So, if you want someone to take care of the renting facility while you are away or busy, then this can be the best opportunity. You can handover to any trusted property management company and you are all set to go!
See Also: Common Concerns When Renting Out Your Property
Why do you need Property management companies?
Hiring a property management company is not necessary but it can certainly make your work easier and smoother and that is exactly why most of the people these days want to hire them. If you own multiple rental properties then, you can imagine how easy your work will get once you hire a property management company. Owning a big area can also put you in trouble when it comes to legal matters as well as the maintenance. Property management firms help you get rid of the burden on your shoulders and carry on the work with ease. So, if you are tired and too confused while managing your work as well as this property business, we think it’s time for you to hire a professional and let them deal with the rest!
Here are the top 4 property management companies you should hire for better management and easy workflow:
1. ARE Property Management
Where is it Located: Suite A-05-07, Plaza Mont Kiara, 50480
KL, Malaysia
The company was founded in 2013 by Mr. MK Chen. They offer their services by adding a personal touch. The company will offer you some great deals over leasing, maintaining, and management services. The main focus of this company is maintaining rental services. When it comes to property management, they cover negotiating tendencies, maintaining adequate insurance, determining the service charges and sinking funds, cyclical replacement schedules, collection of rent, financial and performance reports, security-related arrangements, meetings regarding the managerial corporations, monitoring of tax-related information and implication of the same, establishing a proper tenant mix, maximizing occupancy rate, maximizing capital value and budgets.
2. Savills
Where is it located: Level 9, Menara Millenium,
Jalan Damanlela, Bukit Damansara,
Kuala Lumpur
When we talk globally, this company has over 35,000 employees in the entire world and all of them working towards real estate service providing. The executive chairmen of the Asia Pacific region are Mr.Robert Mckellar and he has been part of this company since 1988. The department of property management is handled under Mr. Vincet Tiong. Being one of the humongous real estate companies, they provide some amazing solutions to all the big corporate houses. Yes, this is the thing with them, they only provide solutions to commercial and mixed development with an area of 23,00,000 square ft., this can include all the major offices and properties like institutions and other corporate clients.
3. KJ Property Management
Where is it located: Unit 507, Block B,
Pusat Dagangan Phileo Damansara I,
46350 Petaling Jaya,
Selangor Darul Ehsan,
Malaysia
They are a professional firm dealing with property management, project management, market, and feasibility research of commercial, residential, and office buildings. They currently have over 300 employees with 10 employees working on the property management team which are currently managing about 60 commercial and residential projects in total. They have the authority to collect rents and fees, enforce the house related rules, inspect the properties, and a lot more. They also prepare monthly financial, operational, and technical reports. The maintenance related work is also given to them for monitoring purposes and that’s not all, they also deal with periodical physical inspections to take care of the health and maintenance of the building.
4. Magna Prima
Where is it located: Ideal Convention Centre Shah Alam IDCC Mall,
Jalan Pahat L 15/L, Seksyen 15, 40000 Shah Alam,
Selangor, Malaysia
The company started with a private limited tag in 1995 and converted to a public limited company in 1997. The chairman and director of the company are Tan Sri Datuk Adzmi bin Abdul Wahab, he is also devoted to the same position by a lot of other property management, trading, construction, and manufacturing companies. There are a total of 6 people on the board. The company has a strong portfolio consisting of great work of building properties as well as townships. They offer regular inspections, licensed on-site repairs, and maintenance as a part of their packages. They are suitable for working along with both commercial as well as residential properties.
But wait… want a FREE, do-It-yourself property management tool?!? Well, let us introduce to you…the answers to all your property management stresses – SPEEDMANAGE!
SPEEDMANAGE
Where is it located: A-G-23, Eve Suite,
Jalan PJU 1A/41,
Ara Damansara, 47301
Petaling Jaya, Selangor
Speedmanage.com is a now a FREE to assist landlords in managing multiple properties. Rental collection service is provided free and tenant can pay via FPX auto debit. SPEEDMANAGE also provides eviction support and demand letters whenever needed. Their dashboard to overview all properties is extremely helpful as a property investor. SPEEDMANAGE is not a property management company it is a do-it-yourself property management tool… That is fast, easy and FREE!
Moreover, if you DIY your property, you can create tenancy agreement with them so save plenty of hustle. They are designed to be fair and square where both parties are adequately protected.
These top 5 property management companies will help you reach a goal and stay focused on your work in a much organized manner. So, what are you waiting for? Visit them today and know more about their work and clientele.
