Property Management

Property management is the overseeing of residential, commercial and/or industrial real estate, including apartments, detached houses, condominium units, and shopping centres. It typically involves the managing of property that is owned by another party or entity.

The economic role played by G FIVE HOLDINGS SDN BHD and its alliance are to slow down obsolescence and depreciation and counter them with technology and renewal of the life cycle. In other words, the function of G FIVE HOLDINGS SDN BHD and its alliance are to reduce the rate of depreciation and enhance the lifecycle of the building through enhancement efforts, refurbishment, or renewal of the building.

G FIVE HOLDINGS SDN BHD and its alliance have taken on “property management” includes the management, maintenance and control of any land, building and any interest therein, excluding the management and maintenance of property-based businesses, on behalf of the owner for a fee.