The 3rd International Property Management and Procurement Expo Grandly Opens

Gathering Near 300 Exhibitors with a Newly Established "Security Technology Zone"

HONG KONG, Aug. 30, 2023 /PRNewswire/ -- Organized by Comasia Limited, the 3rd International Property Management and Procurement Expo grandly opens today and will run for three consecutive days until 1 September at the Hong Kong Convention and Exhibition Centre. The Expo gathers near 300 exhibitors, 450 booths, and showcases more than 1,000 international brand products and services. The opening ceremony was graced by Mr. Tse Chin-wan – Secretary for Environment and Ecology, HKSAR, Mr. Peter Cheung, Director of Comasia Limited, and Mr. Tony Tse, President of the Hong Kong-Guangdong-Macau Greater Bay Area Property Management and Facility Management Federation (also a Legislative Council Member).

As several Asian countries have experienced rapid economic development in recent years, the number of private and commercial buildings in the region has surged, creating significant demand for property management services. Particularly in Mainland China and Hong Kong, the market has maintained steady growth. In Hong Kong alone, there are over 2.5 million residential units, and the total revenue of property management services reaches HKD 76.9 billion. The Expo serves as a platform for property management professionals and suppliers from Mainland China, Hong Kong, and other parts of Asia to showcase, network, and negotiate, aiming to consolidate industry development opportunities and create more sustainable and diversified business prospects.

Mr. Peter Cheung, Director of Comasia Limited, stated: "In response to various demands in the property management market, the 3rd International Property Management and Procurement Expo covers five major directions: promoting cooperation and raising standards in the Greater Bay Area property management industry, cloud real estate technology, environmental property management, 'intelligent' basic procedures for property management and security services, and establishing a licensing system for the property management industry. The Expo provides a platform for Owners' Corporations and Management Committees to collaboratively explore different plans with property management companies, aiming to enhance building value and residential quality." He further added that the ten major building appreciation schemes include enhancing estate image, upgrading clubhouse facilities and activities, strengthening garden planning and maintenance, establishing a sustainable environmental image for the estate, improving comprehensive parking facilities, introducing 'Cloud Interactive Community', intelligent security management, engineering and maintenance services, focusing on staff appearance and service attitude, and long-term estate planning.

The Expo this year also gains support from six industry associations, including the Hong Kong Property Management Association, Hong Kong Property Management Federation, Chartered Institute of Housing Asia Pacific Branch, Hong Kong Facility Management Association, Security Industry Commerce Association, and Hong Kong Property Innovation, Technology and Environmental Association.

To align with "Professionalization, Intelligence, and Environmental Protection in Property Management," the three-day Expo will host a total of five thematic seminars, covering property management and environmental protection, real estate and housing management, new energy and green technology, data privacy, and security and safety management. A number of heavyweight speakers will share the latest developments in the property management industry, including Mr. Tse Chin-wan – Secretary for Environment and Ecology, Ms. Ho Wing yin, Winnie – Secretary for Housing of Housing Bureau, and Ms. Mak Mei Kuen, Alice - Secretary for Home and Youth Affairs, Mr. Raymond Siu Chak Yee – Commissioner of Police of Hong Kong Police Force, Mr. Tai Sheung Shing, Victor – Under Security for Housing of Housing Bureau, Ms. Yu Po Mei, Clarice – Director of Building of Buildings Department among other government officials who will attend the seminars.

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