Property Management in the Greater Bay Area
PFMD Chairman Sr Charles Hung was invited to attend the Property Management Week 2022 Award Ceremony and discussion forum on 8 July. The function was organised by the Hong Kong Institute of Certified Property Managers (HKCPM) with support from the Property Management Services Authority (PMSA). The opening addresses were delivered by HKCPM Chairman Dr Lobo Fung and PMSA Vice Chairperson Sr Prof Eddie Hui.
Property management not only involves cleaning and security, but environmental controls, repairs and maintenance, financial and asset management, facilities management, human resources management, legal advice services, etc. The property management business has developed rapidly in the Greater Bay Area (GBA), nine Southern Chinese cities with a combined population of about 78 million, with IT technologies that may even be more advanced than Hong Kong’s. However, Hong Kong has its competitive advantages such as professionalism (ie, licencing under the PMSA) and personal integrity. Its expertise should emphasise the pro-technology development, sustainability, and humanisation aspects.