In accordance with the requirement stipulated in the Property Management Services Ordinance (Cap. 626) (PMSO), the Property Management Services Authority (PMSA) will publish in the Gazette tomorrow the list of licensees as of 31 October 2021 under the licensing regime for the property management industry. The list contains the information about a total of 4,876 licensed property management practitioners (PMPs) and companies (PMCs), including name and licence number, for public inspection. As of mid-November, the PMSA has issued over 5,000 PMP and PMC licences, whereby formal PMP and PMC licences account for 58%, while provisional PMP licences account for 42%.
Under the licensing regime, all PMCs providing properties (subject to deeds of mutual covenant) in Hong Kong with more than one category of prescribed property management (PM) services as well as PMPs designated for managerial or supervisory role in such PMCs for providing PM services, must hold a valid PM licence starting from 1 August 2023 in order to continue to provide PM services in accordance with the PMSO.
The PMSA Chairperson Mr Tony TSE said, “The PMSA makes available, free of charge, the register of licensees containing the list of licensed PMCs as well as formal and provisional PMP (Tier 1) and (Tier 2) licence holders for public inspection. When selecting and engaging PMC, members of the public may inspect the register first to ascertain whether the PMC concerned holds valid licence before commencing the engagement procedure so as to obtain more comprehensive information and protection.
Information about the licensed PMCs as well as formal and provisional PMP (Tier 1) and (Tier 2) licence holders can be checked through the following channels:
- Register of licensees (online version) – available at the PMSA website https://eapplication.pmsa.org.hk/registers/; or
- Register of licensees (original version) – available at the PMSA office (Units 806-8, 8/F., Dah Sing Financial Centre, 248 Queen’s Road East, Wan Chai, Hong Kong) during office hours.
PMPs who do not meet the relevant criteria for academic and/or professional qualifications for formal PMP licence but possess the specified work experience may apply for provisional licence during the transitional period under the licensing regime (until 31 July 2023) and attend the PMSA Specified Courses designated for the licensing regime. Upon successful completion of the Specified Courses within the validity of the provisional licence, they may apply for formal PMP licence without fulfilling the academic and/or professional qualifications required.
Ends/Thursday, 25 November 2021
Issued at HKT 16:00
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