In accordance with the requirement stipulated in the Property Management Services Ordinance (Cap. 626), the Property Management Services Authority (PMSA) will publish in the Gazette tomorrow the list of licensees as of 30 April 2022 under the property management (PM) industry licensing regime. The list contains the information about a total of 6,621 licensed property management practitioners (PMPs) and companies (PMCs) for public inspection.
As of early May this year since the implementation of the PM industry licensing regime, the PMSA has issued over 6,800 PMP and PMC licences, whereby formal PMP and PMC licences account for 62%, while provisional PMP licences account for 38%.
The PMSA Chairperson Mr Tony TSE said, “The PMSA has enhanced its promotional efforts since the beginning of the year and has actively encouraged PMCs to make licence applications. Currently, over 120 PMCs have submitted licence applications with 66 of them already successfully licensed. Less than 500 days remain for the three-year transitional period (up till the end of July 2023) under the licensing regime. I strongly appeal to PMCs which have not yet been licensed to seize the time left and make use of the PMSA’s dedicated licensing services offered for individual PMCs to apply for licence soonest possible so that the processing work of the licence applications could be staggered orderly, thereby avoiding the risk of delay in the application process arising from a large volume of applications submitted to be processed within a short time frame before the end of the transitional period.”
Under the licensing regime, all PMCs providing properties subject to deeds of mutual covenant with more than one category of prescribed PM services, as well as PMPs designated for managerial or supervisory roles in such PMCs for providing PM services, must hold valid PM licence starting from 1 August 2023 in order to continue to provide PM services in accordance with the law after the transitional period.
Chairperson TSE added, “Owners’ organisations should communicate with their PMCs engaged and encourage them to apply for licence soonest possible in order to obtain valid PMC licence on or before August 1, 2023 to avoid not being able to provide PM services seamlessly after the transitional period, which would bring inconvenience to the daily life and work of the occupants.”
Owners’ organisations and the public may inspect the register with the information of licensed PMCs as well as formal and provisional PMPs (Tier 1) and (Tier 2) licence holders, including their name and licence number, 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 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. Up till now, over 2,200 people have attended the Specified Courses which have been included in the Reimbursable Course List under the Continuing Education Fund (CEF). Upon completion of the Specified Courses, graduates can apply for the CEF to subsidise the course fees.
Ends/Thursday, 12 May 2022
Issued at HKT 14:30
NNNN