The Importance of Data Analytics in Property Management
Effective property management lies in informed decision-making. In today’s fast-paced world, the traditional way of making decisions based on experience and market knowledge is no longer practical as data has become a fundamental part of…
Property Management: 5 Ways to Reduce Operational Costs
According to the Government, Hong Kong’s Statutory Minimum Wage will be raised from HK$40 to HK$42.1 per hour starting May 1, 2025. While this adjustment aims to improve the livelihoods of workers, it will inevitably…
ESG initiatives in Property Management
The Hong Kong Government announced the Hong Kong Climate Action Plan 2050, which outlines strategies and targets for achieving net zero greenhouse gas emissions by around 2050. Hong Kong is also committed to taking action…
5 Key Business Trends for 2025 that Every Leader Should Know
2025 is around the corner, and the business world continues to evolve and transform swiftly, bringing new opportunities and challenges—they are two sides of the same coin. As we head into the new year, it…
Everything Employers Should Know about Abolition of MPF Offsetting Mechanism
With a view to enhance the retirement protection of employees and strengthen the retirement reserves, the Legislative Council passed the Employment and Retirement Schemes (Offsetting Arrangement) (Amendment) Bill 2022 on 9 June 2022. The Ordinance…
Joint Property Management: The Power of Consolidation
When it comes to single private residential buildings in Hong Kong, property management has always been a challenge for owners as it encompasses diverse aspects, including handling administration, operations, and management such as cleansing, security,…
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