Housing as a form of property investment required proper management and maintenance in order to ensure a better – standard of living. The inadequacy of good management can however resulted to serious problems that could redness estate life cycle.
Management strategies in this respect are meant to be objectives, plans and policies carefully set up to ensure or to achieve a desirable result. In the course of management; contrary of general belief, management entails more than mere rents collection.
It thus involves finding tenants, arranging, preparing leases, then dealing with the maintenance weather for a landlord or tenants account.
In this research work, effort would be examine the existing management and maintenance procedure of housing estates with a focus on Olofa housing estate and to look into the management problems that effect the living standard of the inhabitant of case study.
The dissertation also looks into the effective measures that should be taken to ensure the housing units provided for the tenant/inhabitant are well managed and preserve to enhance their aesthetic and capital value.
TABLE OF CONTENT
1.1 Statement of problem
1.2 Aim and Objectives
1.3 Significance of the study
1.4 Scope of the study
1.5 Limitation of the study
1.6 Study area
1.7 Location plan
1.8 Definition of terms
2.0 Literature Review
2.1 Concept of property management
2.2 Property management functions
2.3 Basic management functions
2.4 Management policies and administration of the estate
2.5 Objectives of low cost housing estate
2.6 Housing facilities within the estate
2.7 Strategies for effective management challenges or problem of management
2.8 Challenges of Property Management
3.0 Research Methodology
3.1 The research design
3.2 Data presentation analysis
3.3 Instrumentation for data collection
3.4 Method of data analyses
4.0 Brief History of the case study
4.1 Evaluation of the case study
4.2 Data interpretation and analysis of result
4.3 Survey and presentation of data
4.4 Data analysis
5.0 Summary, Conclusion and Recommendation
Housing has been universally accepted as one of the basic needs of every individual, family and the community at large. It is a matter of fact more than mere shelter as it cuts across all the social services and utilities that makes a community a conducive environment.
Problems of housing are not restricted to quantity of the available units. Most of the housing estates are now in more deplorable conditions with poor and inadequate facilities and services. While many building structures are obsolete waiting for renewal others are weakened rapidly depreciated due to lack of repairs. The maintenance culture has been noted poor and inadequate this resulting in a continual loss of their usefulness and value.
The provision of housing estate is one thing the management of the unit to another. It is unfortunate to note that a lot of problems have been identified with the management of low income residential housing estate that requires prompt and urgent solutions.
Also, the provisions which were made to ease the weight of the accommodation problems in the urban areas have now ended up as a heavier burden on the inhabitants of the estate: poor management and ineffective implementation of policies are identified in the study as major constraints.
The process of management procedure are usually neglected equally, the authority charged with the responsibilities of ensuring that the housing estates exist to achieve their stated objectives are sometimes over – strained with the burdens of management therefore a lot are left undone. The functions letting, rent collection, repairs and social welfare that are meant to bring housing authorities and the occupiers into association are not consistently efficient.
This study has tried to dwell much on the need for adequate supervision and efficient management procedure necessary to achieve an optimum result. It also examines the deplorable conditions of the features constituting housing units and suggest possible solutions and recommendations towards a standardized and decent housing environment, in our housing estates especially those for the low income earners.
According to Dakhil (1978) proper housing is an important need for every human being. The proper utilization of his resources and economic well being greatly depend on the type of accommodation he has been provided with. However, a man’s income can justify his accommodation and if this is low he has to be happy with a low cost house.
STATEMENT OF PROBLEM
Management of housing estate goes beyond examining physical condition of the property only but basically how function does all the facilities put in place is.
The estate is now in more deplorable and bad condition of management due to lack of repairs and maintenance of the estate which resulted to loss in usefulness and value of the estate.