President’s Message

President’s Message (2023–2025)

I am deeply honored to have been elected as the President of The Hong Kong Association of Property Management Companies Limited (HKAPMC) for the term 2023-2025. With immense appreciation for the support and trust of all Council Members, it is my privilege to lead HKAPMC into a new era of growth and progress.

On behalf of Broadway-Nassau Investments Ltd, I would like to express my heartfelt gratitude to all Council Members and member companies for their continued faith in our abilities. Together with our fellow Council Members, my aim is to represent our members diligently and proactively engage in discussions and coordination with the HKSAR Government and external bodies. We are committed to upholding the interests, rights, powers, and privileges of our members, as well as addressing other matters that serve the common interests of the Hong Kong property management industry as a whole.

Since its founding in January 1990, HKAPMC has been dedicated to establishing the professional status of property management in our territory. The upcoming term of the Council will continue to uphold these objectives by organizing various activities and actively seeking input from our members and the industry at large. This feedback will enable us to effectively represent your concerns, viewpoints, and suggestions to the government. Additionally, we have focused on facilitating the industry’s adaptation to the new licensing regime and encouraging property management companies (PMCs) to obtain the necessary licenses before the transitional period ends on July 31, 2023. By doing so, we strive to enhance the industry’s professional standing and social recognition.

Amidst the challenges posed by the COVID-19 pandemic, our commitment to addressing unemployment has led to HKAPMC being commissioned by the Civil Service Bureau to create 6,000 time-limited new jobs under the Job Creation Scheme. This initiative, funded by the Anti-epidemic Fund 1.0 & 2.0 Scheme launched by the HKSAR Government, involves a total subsidy of HK$720 million.

Furthermore, apart from the pandemic and the licensing regime, the Hong Kong property management industry faces uncertainties and challenges in the years ahead. The establishment of the Review Committee on the Building Management Ordinance by the Government necessitates our engagement. We will encourage our members to provide their opinions and actively participate in discussions regarding any proposed amendments.  Additionally, we will collaborate with other property management-related professional bodies to ensure that our views and suggestions, as reflected in the consultation document, are thoroughly communicated to and acknowledged by the government.

With over 33 years of relentless efforts, HKAPMC has made significant strides towards the professional development of property management practices in Hong Kong. We have established our credibility and esteemed status within the professional arena, gaining recognition from the government, the industry, and the general public.

Currently, we boast 112 company members who work collaboratively to provide high-quality management services for over 70% of the residential units, industrial and commercial buildings, car parks, and public and private facilities in the territory. Moving forward, we will remain steadfast in our commitment to serve as a catalyst for continuous professional development and a leading advocate in sharing our in-depth knowledge of the industry. Our goal is to offer expert opinions and specific recommendations on policies and measures for the planning and future development of the property management industry.

Once again, I extend my heartfelt gratitude to all our members and the industry for your unwavering support and encouragement over the past 33 years. With the unwavering support of our members, I am confident that HKAPMC will continue to maintain its leading position in the trade. I eagerly look forward to working closely together to tackle new challenges, contribute to the sustainable development of property management, and help build a better future for Hong Kong!

With warmest regards,

Dr. Cheng Kam Wah, Edmond

President

The Hong Kong Association of Property Management Companies Limited