Category: Blog

Joint Property Management The Power of Consolidation
  • November 25, 2024

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, maintenance and repairs, and regulatory compliance. According to the Building Management Ordinance (Cap. 344) (BMO), the Owner’s Corporation (OC) of […]
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Secure ERP Software as a Shield Against Data Risks and Business Threats
  • October 25, 2024

Secure ERP Software as a Shield Against Data Risks and Business Threats

In the digital era, running business always focuses on digital transformation and data. The traditional way of managing a property management company involves manual processes that are complex and time-consuming, requiring a large amount of manpower. On the other hand, several business risks like ever-changing laws and regulations, tenant information security, software vulnerability, and cyberattacks […]
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Understanding Property Management Systems (PMS) in Hong Kong
  • September 27, 2024

Understanding Property Management Systems (PMS) in Hong Kong

Managing properties in Hong Kong can be complex due to the growing real estate market. To streamline operations and enhance efficiency, many businesses are adopting a PMS system. A property management system goes beyond simple software; it automates daily tasks, improves communication, and ensures legal compliance. In this guide, we will explore the key features of a PMS property […]
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How PropTech Can Help Property Management Companies Enhance Tenant Experience
  • September 26, 2024

How PropTech Can Help Property Management Companies Enhance Tenant Experience

In today’s competitive commercial real estate market, property management companies must excel in tenant management to sustain profitability and growth. Effective tenant management involves more than just maintaining the property; it requires building strong relationships, efficiently addressing tenant needs, and leveraging Property Technology.  Property Technology, or PropTech, encompasses a broad spectrum of technologies designed to […]
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Unlocking Property Management Success
  • August 28, 2024

Unlocking Property Management Success: Ensuring Compliance and Accuracy

Property management plays a crucial role in ensuring that properties are maintained, tenant relationships are managed, and compliance with various regulations is met. More importantly, property management is a multifaceted field requiring a delicate balance of administrative control, strategic foresight, and a deep understanding of legal regulations. Success in this industry hinges not only on […]
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Talent Management in Property Management
  • July 29, 2024

Talent Management in Real Estate

Today’s traditional employment relations are changing rapidly. In the digital era, HR functions have been undergoing a fundamental transformation as the widespread use of technology and AI have had a significant impact on how people live their lives and how companies make decisions. Traditional HR management is focused on hiring, training, compensation, and evaluation. However, […]
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The Future of Commercial Real Estate: Impacts and Applications of AI
  • June 24, 2024

The Future of Commercial Real Estate: Impacts and Applications of AI

Traditional methods of running a real estate or property management company such as underwriting, conducting due diligence, and managing properties, are predominantly manual and people-focused. In the era of AI, Generative AI has been increasingly adopted in various industries such as the financial industry and the healthcare industry. The adoption and application of AI in […]
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Building
  • April 25, 2024

HR Challenges and Solutions in Commercial Real Estate for 2024

The rapidly transforming business landscape in the Real Estate and Property Management Industry means that there are several human resource management challenges that will continue to evolve in the future. Human resource management is an essential driver to the success of the real estate sector and the property management industry. Human-related factors and human resources […]
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418 Rule Relaxed
  • March 27, 2024

“418” Rule Relaxed: Everything Employers Need to Know

After years of debate, the Government has announced to ease the “continuous contract” requirement (known as the “418” rule) under the Employment Ordinance in February 2024. The Labour Advisory Board (LAB) has reached a consensus that the 418 rule is to be relaxed by using aggregate working hours of four weeks as a counting unit […]
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