KUALA LUMPUR, Nov 21 — Malaysia is expected to receive an influx of property investors next year due to its stable environment, said Malaysian Institute of Property and Facility Managers (MIPFM) president Adzman Shah Mohd Ariffin.
He said as such, property and facility managers should equip themselves with the right knowledge and be technology-savvy to improve performance of malls, office buildings and industrial complexes.
Speaking to reporters at the MIPFM Conference 2019 media briefing here today, Adzman Shah said practitioners need to be equipped with the latest technological solutions and keep abreast of latest market developments.
This is because local practitioners are facing increasing challenges such as issues related to strata property management, shortage of skilled staff, technological changes, upcoming amendment of Strata Management Act 2013 (Act 757), new legislation such as the Rent Act and implementation of parcel rent.
“We have more sophisticated developments being done, where they have several tiers of security and smart homes, and for it to be executed well, Malaysia needs competent technologically savvy, property and facilities managers.
“With all this in mind, MIPFM aspires to play a more active role in taking the profession to the next level with plans to conduct an accreditation course for practitioners in property and facility management to promote consistent practice standards and enhance competency among members which will help to improve the quality and value-add our service to clients,” he added.