Académique Documents
Professionnel Documents
Culture Documents
Manage property
Points/explaination
Assets value
References
if you have checked with some bankers, there is
no such department yang betul betul manage the
real estate lah, the most yang kita ada, adalah
property development and also property
maintenance that falls under the same division
(Zul-Affin)
The function is basically to manage, satu, adalah,
our own property, our own building that includes
branches, because we have got branches all over
the country, kita ada kita punya business loan
centre, so anything to do with these branches,
business loan centre, maintenance ke even we need
to build a new building for our branches or
business loan centre, falls under this property
division. (Zul-Affin)
..whenever you give out loans, there are certaincertain pinjaman that you take property as the
collateral. Property in the form of building, okay,
land, it could be, you know, any types of land,
Malay-reserved land ke, apa jenis tanah, leasehold
ke freehold ke as long as kita tengok the value of
that particular assets tu commensurate dengan the
loan amount yang kita nak bagi, we take it as
collateral. (zul-Affin)
..sebab bila kita give out loans and we take all these
assets as collateral we need to make sure that these
assets are in a good shape..(Zul-Affin)
For example, a building, though it is located in the
prime area, tapi kalau you tak betul-betul manage
Strategy
Axiata)
..we have an internal department. In fact, in
downstream, I mean, the retail side, we have three
departments. One is called the retail network,
which they have a retail planner to do all the
feasible studies and see which are suitable lands for
stations and then they pass on to the real estate
department to do acquisitions. So, all the licensing,
acquisition. So, they focus on that. As well as
disposal..(Jolene-Shell)
difficulty
Workplace
Difference
Axiata)
Secara jujurnya, in Celcom, dia punya background
background
Unsructured
management
Work load
Operational
Asset yg merosot
satu..(Faizal-Tabung haji)
Macam last year kan, macam building building
yang tak boleh bagi income kan, so kita jual lah
Itu memang target hartanah tu memang target
pengurusan hartanah..(Faizal-Tabung haji)
Customers
satisfaction
Market performance
Challenging
Property system
(Azan-Axiata)
For the Celcom aa, you look at our office, we are
using our own system prism, that called, Prism.
That one is the Property System. So, in the Prism,
we have all the database sites for all the ten
thousand sites, we know which site is active, which
site you have to renew. So, from there, they will
pop up the notice. This site is going to terminate in
two days lah, expired..(Azan-Axiata)
We have yearly, half-yearly and also months. Sort
KPI
Limited staff
Maybank)
Dalam Property Management Maybank kita ada 19
staff. Tapi because of sekarang ni, dia dah grow.
Dia expect income pun grow. So, we try to cut the
number of staff, so you try to optimise, satu orang
buat more than, katakan lah sekarang you buat lima
ke apa, kan. So, maybe dia expect, seven to nine.
Property problem
Maybank)
Kita perlukan ramai sales people lah sebenarnya.
(tak untung)
Kos operasi
Bank restriction
Maybank)
Tapi, bank dia ada restriction lah. Maknanya, you
tak boleh beli for the purpose of investment. As
long as you ada bukak branch... So those yang
excess place upper floor tu, dia kena rent out lah. .
(Roy-Maybank)
So, maknanya, kita akan buy back lah, purchase.
So, dia akan pass to my team, so that kita akan
Lease shoplots
Broker issue
Outsources
New strategy
Management push
i.
Conducts valuation
ii.
value of
assets
locations for
iii.
properties
Manage risks
associated with
iv.
properties
Ignore obsolete
v.
properties
Has proper IT system
for managing
properties
The main properties that we manage in our
company are office and land (Non-hydrocarbon
assets). The most important/ valuable asset for this
company are Hydrocarbon sites and buildings/land.
Our company will dispose or sub-lease for
Choose a property
marketing
and sale
ii.
attract customers
Provides space that
iii.
attracts customers
Considers symbolic
2. promote
i.
statement through
iv.
design of property
Creates workplaces
that support the
v.
company's brand
Provides
environment that
supports the sale
3. increase
i.
Develops workplace
ii.
based on usability
Designs facilities to
innovations
allow innovative
iii.
processes
Emphasizes
knowledge in work
iv.
setting
Allows employees to
Shell)
From management view, collaborative workplace
environment will support work culture.
Management also provides good facilities to
support staff innovation. The company already
provides a new headquarters as itself initiated. The
company has also requested input from the
employee during planning stages (workplaces
design). (Jolene-Shell)
participate in
workplace design
company. (Ann-Shell)
The company provides food place for employee
employee
satisfaction
convenient to
4. increase
i.
ii.
iii.
iv.
employees
Ensures pleasant
working environment
(for conducive environment). Our company very
Provides a functional
concern about the responses from employee.
workplace
Provides enough
(Azan-Axiata).
facilities for
v.
employees
Responses quickly to
real estate
requirements
5. increase
i.
productivity
ii.
Maintain facilities to
employee. (Ann-Shell)
The workplace is really important for optimal
accommodate
optimal operations
Provides
environment that
enhances
iii.
productivity
Chooses convenient
layouts for
iv.
v.
and delivery of
products
Choose location that
is convenient for
employees
accessibility
i.
flexibility
ii.
Chooses leasing
productivity. (Ann-Shell)
Company more prefer leasing compare owning
instead of owning
property
Prefers short-term
leases compared to
iii.
long-term leases
Creates fix and
standard workplace
iv.
solutions
Favours multi-
v.
purpose facilities
Selects fully serviced
offices
Minimizes
acquisition and
financing costs
Maximize operating
ii.
iii.
expenses
Creates economies of
i.
scale in purchasing
(eg. buying furniture,
iv.
facilities etc.)
Avoid routine
v.
maintenance
Balances between
house services
Avoid real estate
reduction strategies
as a financial control
vii.
mechanism
Utilizes government
viii.
property incentives
Establishes
workplace standards
depends on assets. Among activities were done inhouse by real estate included a stakeholder
management and service providers. There are
several rules are being implemented in the
workplace, such as clear desk policy, dynamic desk
sharing, reduce waste policy and HSSE. Also, our
company makes a transition between different team
in real estate must be done efficiently to ensure a
smooth handover and operations. (Ann-Shell)