Condo/Moobaan Management standards in Chiang Mai
As with many other Thai cities (including Bangkok, although, to be fair, to a lesser extent than previously) standards of property management and maintenance in Chiang Mai are pretty poor.
I well understand that developers are keen to build and reap profits, and then leave the ongoing management to some other so called specialised property management company—which may start with good intentions but, after a while, struggles to collect monthly dues from owners to carry out necessary repairs and maintenance.
The end result? The management standards and maintenance levels in moo baans or condo blocks deteriorates; common areas are unkempt and people essentially give up.
In theory, values of assets drop…
There’s a great opportunity for some of these developers to build a brand around quality management services, but not many seem to want to take this leap….
What do you think? Is there an easy solution to improve management and maintenance of properties in the city or it too far engrained into the local psyche that things will never change for the better?
Perfect Homes is a leading Chiang Mai real estate agency with extensive experience in the city, regionally, nationally and internationally.