Buying property in Singapore is not the most difficult task on hand. Fortunately, the market looks very promising in the coming years.
However, buying a property is just your first undertaking, may it be a commercial property, a landed house, or a condo building. You also need to make sure that someone can manage the property for you.
In this article, I present some of the biggest and most popular property management companies in Singapore.
Savills is one of the biggest property management companies in the world, having presence all over the world. The head office of the company is based in London, UK.
The company established in 1855 and currently employs more than 35,000 people. In addition to Singapore, they have 700 offices in 60 countries.
Savills started its Singapore operations in 2011 and partnered with a well known local property management company called the CKH Strata Management. In 2014, when both companies merged, they changed the name to Savills Property Management.
Savills Property Management became the largest strata management company in 2015 when it acquired another local company, the Ace Body Corporate Management Pte Ltd.
It currently manages around 40,000 units in more than 160 projects, including well-known clients like The Orchid Residences and D’Leedon.
Chan Kok Hong, the founder of Chan Kok Hong Property Consultants is the current managing director.
Savills Property Management is an ISO-9001:2000 certified company.
The company mainly offers services to big corporate clients as well as tailored services for individual clients. Their services cover all areas and property types like residential projects, shopping malls, and industrial complexes. They also offer asset- and strata management services.
Savills Property Management Pte Ltd
20 Martin Road
#03-01 Singapore 239070
Mapletree Investments Pte Ltd is a leading real estate developer and property management company based in Singapore. The company was founded in 2001 as an investment company, which now manages four leading real estate investment funds and six private equity real estate funds.
They’ve won around 240 awards and accolades in the last few years in different categories.
Mr. Edmund Cheng is the chairman of the company, who is also the acting chairman of Civil Aviation Authority of Singapore. Before joining Mapletree, he worked as the Executive Director of Wing Tai Malaysia Berhad.
In addition to their head office in Singapore they have offices in Japan, China, South Korea, Malaysia, Vietnam, in the UK, and Australia.
It currently owns and manages properties worth of $46 billion, including offices, residential property, retail property, corporate housing, serviced apartments, industrial projects, and other commercial properties.
They currently have 3,000 employees and the head office is located in the Mapletree Business City, a large business district developed by Mapletree.
Mapletree manages commercial, residential, retail, and logistics properties, that include some of the leading large-scale real estate projects in the country, like Mapletree Business City and VivoCity.
10 Pasir Panjang Road, #13-01,
Mapletree Business City,
Citiprop was founded in 1980 as Citiprop Pacific but later changed its name to Citiprop Property Management Pte Ltd, or simply Citiprop.
They offer highly personalized property management services to expatriate clients, who want to invest in Singapore. The board has both expatriates along with Singaporeans.
The staff at Citiprop is from seven different countries, allowing the company to offer services in ten different languages.
Some key persons include: KC NG, a Singaporean who’s the co-founder of the company, Kerry James (Australian), and Juliet Stannard (British).
Juliet Stannard founded her own relocation company named No Stone Unturned in 1998, but she later merged her company with Citiprop.
The company offers services to both corporate and individual clients and cover all types of residential and commercial properties.
314 Tanglin Road #01-01. Phoenix Park Office Campus (4,744.75 km)
Founded in 1997, Exceltec has evolved to become a leading property & facility management company in Singapore. Mr. Koh Hock Seng is the founder and the managing director.
Exceltec is accredited by the Ministry of Finance with an EPPU S10 grading. It’s also recognized by the Building & Construction Authority (BCA) in Singapore.
Exceltec has won several awards in the last few years that include:
- SME 1000 Award 2018 by DP Information Group
- Established Brand Category Winner by Singapore Prestige Brand Award (SPBA)
Some of their clients include Nissan, Volvo, Bosch, Menlo Worldwide Logistics, Singapore Turf Club, and SkillsFuture SG.
Exceltec offers a wide range of property management services, including property & strata management services, integrated facilities management services, environmental & cleaning services, project management, and green sustainability.
They mostly help big corporate clients.
No. 2 Jurong East Street 21
#05-05 IMM Building
5. Property Facility Services
Property Facility Services Pte Ltd, also known as PFS, is a well-recognized property and facility management company in Singapore. It was founded in 2001, but has become one of the fastest growing property management company during the last decade.
The company offers property and asset management services to corporate clients, with a goal to standardize operations and reduce running costs.
PFS manages all types of properties, including commercial property and residential property.
Services include inspections, maintenance, supervision of staff, payments, and management of upgrading works and repairs.
51 Cuppage Rd, Singapore 229469
6. Barringham International
Barringham International Property Management Group is an international property management company founded in 1998. The company has around 500 employees and B.H Jalil is the managing director of the Singapore branch.
The company started its operations in 2003 when they established Barringham Singapore. Soon, it emerged as one of the biggest property management companies in the country.
In addition to Singapore, the company has offices in Brunei Darussalam, Malaysia, Indonesia, China, Australia, UAE, and the UK.
It’s won several awards in the past years, for example, the “Best Service Award” in 2009 and the “Outstanding Maintenance Award” in 2007.
Barringham Singapore provides a full range of services related to strata-property management, including both commercial and residential services.
The services include regular maintenance, upgrades, repairs, fire safety, supervision of contractors and staff, a 24/7 emergency management service unit (EMSU Team), security and housekeeping, contracts, and crisis management.
701 Geylang Road, #03-04, Teambuild Centre, Singapore 389687
7. Crimson Estate Management
Crimson Estate Management is a well-known property and facility management company that offers consultancy and independent audit services. The team consist of both lawyers and accountants, as well as mechanical- and electrical engineers.
It’s also an ISO 9001 certified company.
Crimson Estate Management offers property management services for commercial, condominiums, and industrial projects.
The facility management services include cleaning, security services, managing agent/staff services, and pest control.
16 Kallang Place, #07-03, Singapore 339156
CBRE is the biggest commercial real estate firm in the world and that offers a wide range of property management services. The head office is based in Los Angeles (California) and the company has more than 450 offices in 100 countries and employs around 80,000 people.
CBRE Singapore was founded in 1977 when it merged with a well-established local property firm, CH Williams. The office later became CBRE’s regional headquarter for Southeast Asia and currently employs more than 1,250 people.
David Fogarty is the Managing Director of CBRE Singapore, he also also acts as Regional Client Director for APAC. He has more than 20 years of experience working in real estate. Before joining CBRE, he worked as National Director of the Knight Frank Management business in Australia.
CBRE has been a Fortune 500 company since 2008 and has ranked as the best real estate brand by Lipsey Company for the past 17 years.
In addition, it’s rated as Fortune’s Most Admired Companies for the last six years.
CBRE offers a wide range of integrated services to corporate and business clients, including facility management, project management, appraisals and valuations, and property development services.
6 Battery Road
9. Abacus Property
Abacus Property is a leading property management company with a portfolio valued at around $10 billion. The company is currently managing more than 10,000 units in some of the most well-known industrial, commercial, and mixed-use projects.
Abacus Property is an ISO 9001: 2015 certified company that has an APFM A accreditation. It was founded in 2008 and within just a decade it emerged as one of the largest property management companies in Singapore.
Royston Chong is the Executive Director, a position he’s held since its inception in 2008. He’s a Certified Property & Facility Manager (CPFM) and a member of the Association of Property & Facility Managers (APFM).
The company offers property management services to the Singapore Management University and Singapore Sports Council. Some mixed-use projects currently managed include Palm Vista, Parc Aston, The Azzuro, and Hume Park I & II.
Abacus Property offers a wide range of services to corporate clients, including asset management, property management, corporate tenancy management, corporate relocations, and cleaning projects.
45 Lorong 5 Toa Payoh #01-11 The Actuary Singapore 319455