The fire at Fa Yuen Street hawker stalls and other incidents have raised public concerns over safety of buildings as they have claimed several lives in the past years.
     Mr Share Tai Ki, Past President of the Hong Kong Institute of Housing, was appointed as a member of the Advisory Committee on the Regulation of Property Management Industry. "A two-tier licensing regime can provide a clear guideline for Hong Kong residents when choosing appropriate property managers," said Mr Share. "Management of large residential estates costs as much as over HK$100 million each year and major maintenance work can cost a similar amount. Therefore, it is necessary to have a two-tier licensing regime to cater for different expectations from large housing estates to single residential blocks on the capability of property management companies and individual property managers."



     The Hong Kong Institute of Housing was incorporated in Hong Kong in 1988. Currently, the institute has around 2,500 members. Together, the institute's members are responsible for the management of over 70% of all the housing stock in Hong Kong. Members are engaged in the co-ordination and execution of housing services incorporating the design, provision, improvement, rehabilitation, management and administration of all types of housing. Apart from actively expanding local network, HKIH is forging close links with property management associations and academic institutions in Taiwan, Macau and many parts of mainland China.
    The Hong Kong Institute of Housing will be celebrating its 25th Anniversary in 2013 with a series of activities. In order to provide a more in-depth picture of the work of Professional Property Managers and the latest development of the local property management industry, a special supplement will be published in Building Journal (English), Construction & Contract News (Chinese) and also uploaded on the portal site www.building.hk (English & Chinese), with a combined readership of over 500,000 in the region.
    Extra copies of the printed issues will be circulated to individual members of Hong Kong Institute of Housing and corporate members of The Hong Kong Association of Property Management Companies.
    For more information about HKIH 25th Anniversary Special Supplement, please <click here>