Property Management Association Unites with Real Estate Leaders and Top Property Management Firms to Host 'The Future of Property Management' Event, Aiming to Elevate Thai Property Management Standards to International Recognition
The Property Management Association of Thailand collaborates with leading real estate operators and property management professionals to showcase visions and exchange knowledge, opinions, and experiences to enhance the standards of property management in Thailand for greater efficiency. They organized the inaugural event, 'The Future of Property Management,' featuring esteemed experts from both the public and private sectors to set the direction and establish standardized practices for international advancement.

Currently, property management is not a new concept; however, it is often overlooked by many executives. Property management involves maximizing the value of an organization’s assets. Leading organizations both domestically and internationally have adopted property management principles and found that focusing on property management helps achieve organizational goals, utilize assets efficiently, and provide worthwhile returns. This approach can reduce overall costs and minimize unnecessary demand for new assets through systematic management planning.
Therefore, the Property Management Association of Thailand, led by President Samapob Boonnak, is pushing for collaboration with relevant organizations to develop the property management business to meet internationally recognized standards. They have partnered with leaders in the Thai real estate sector, including Pruksa Real Estate Public Company Limited, SC Asset Corporation Public Company Limited, AP (Thailand) Public Company Limited, L.P.N. Development Public Company Limited, Samakorn Public Company Limited, and Ananda Development Public Company Limited, along with professional property management firms such as Quality Property Management Co., Ltd., to host the discussion event “The Future of Property Management”. This event aims to create opportunities for networking and exchanging visions, knowledge, and opinions, as well as aligning operational practices to enhance benefits and efficiency, ultimately advancing the quality of Thailand’s property management sector to an international level.

The event took place on December 14, 2017, at the FYI Center, Building 2, 11th Floor, Ananda Campus, and was honored by experts from both the public and private sectors, including Associate Professor Manop Pongsatat from the Faculty of Architecture, Chulalongkorn University, a real estate expert; Samapob Boonnak, President of the Property Management Association of Thailand; Kittipol Pramoch Na Ayutthaya, Managing Director of Samakorn Public Company Limited and former President of the Thai Real Estate Association; Suriyah Pheansri, Chair of the Corporate Social Responsibility Working Group at SC Asset Corporation Public Company Limited; Seth Srisayan, Deputy Chief Business Extension at AP (Thailand) Public Company Limited; Nakorn Muthusri, founding former President of the Property Management Association of Thailand; Surapol Manunphon, Executive Chairman of Quality Property Management Co., Ltd.; and Chanont Ruangkritya, CEO and Managing Director of Ananda Development Public Company Limited, who shared their visions and exchanged opinions on sustainable asset management through collaboration between project developers and property management companies, as well as fostering understanding of the roles and responsibilities of the juristic committee to enhance property management efficiency. Additionally, the event featured technology and innovation providers related to property management, such as Warranty Service and Seekster, presenting new innovations to facilitate more convenient and efficient property management.
Currently, the volume of construction projects and real estate development for residential purposes in Thailand continues to grow significantly, responding to the increasing housing demand from both Thai and foreign consumers. However, there are often complaints from buyers or residents regarding the lack of transparency, honesty, and fairness in the management of each project by property managers or juristic persons. This highlights the necessity to elevate the quality standards of property management businesses, particularly for condominiums and housing estates, to align with international standards and governance.
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