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Factors affecting operation and maintenance costs of Ho Chi Minh City condominium projects | |
Author | Duong Quang Minh |
Call Number | AIT Thesis no.CM-11-16 |
Subject(s) | Condominiums--Vietnam--Ho Chi Minh |
Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Construction Engineering and Infrastructure Management. |
Publisher | Asian Institute of Technology |
Series Statement | Thesis ; no. CM-11-16 |
Abstract | High-rise residential property management sector in Vietnam is still staying at the early stage of development. There is lack of maintenance concept of building development because most of project owners are only attracted in completion project. Condominium managers have not appropriate maintenance policy for the completed building, and it deteriorates faster than expected service year. Maintenance issues become emerging problems that should be concerned. This study aims to investigate practical management of condominium projects in Ho Chi Minh City through management of operation and maintenance expenditures. Around the areas of HCMC, the researcher visited many exiting condominiums that have been operating since year 2000. In achieving these objectives, opinions of in-house employment condominium managers and out-sourcing employment condominium managers were sampled through structured questionnaires. The data collected were analyzed using descriptive and inferential statistics. There is a difference between condominium manager's perception about two sub-factors affecting on operation and maintenance cost. They are "Lacking of involvement of maintenance experts during design stage" and "Materials selection does not comply with the client's activities due to inadequate accurate material information source" On the other hand, real cost data were also collected from five condominium projects. The purpose the study was that identified the most important O&M costs of condominium by comparing costs among condominiums. Benchmarking was established to compare cost each other. The result of comparison was that found out six most important cost including management cost, electricity consumption, water consumption, cleaning and waste disposal, and lift maintenance cost. After all, the study proposed many solutions that not only help condominium managers managing their assets better but also help other participants concerning about maintenance issues for developing new projects. |
Year | 2011 |
Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. CM-11-16 |
Type | Thesis |
School | School of Engineering and Technology (SET) |
Department | Department of Civil and Infrastucture Engineering (DCIE) |
Academic Program/FoS | Construction Engineering and Infrastructure Management (CM) |
Chairperson(s) | Chotchai Charoenngam; |
Examination Committee(s) | Hadikusumo, Bonaventura H.W.;Huynh Trung Luong; |
Scholarship Donor(s) | Asian Institute of Technology Center in Vietnam (AITCV) AIT Fellowship; |
Degree | Thesis (M.Eng.) - Asian Institute of Technology, 2011 |