Property Management Services Authority to Implement By Stages Continuing Professional Development Scheme on Mandatory Basis

The Property Management Services Authority (PMSA) announced today the implementation of Continuing Professional Development (CPD) Scheme on mandatory basis by stages which will require property management practitioner (PMP) licence holders’ participation in CPD activities on mandatory basis after the property management (PM) industry licensing regime transitional period (from 1 August this year onwards), in order to drive the industry to advance with times and raise its professional standard.

PMP (Tier 1) licence holders will be required to participate in the CPD Scheme on mandatory basis from 1 January 2024 onwards; and PMP (Tier 2) licence holders will be required to participate from 1 January 2025 onwards.

The CPD Scheme has been implemented on voluntary basis since early 2022 and uses calendar year (from 1 January to 31 December of each year) as the counting unit. PMP (Tier 1) and (Tier 2) licence holders are recommended to undertake respectively for each year at least 12 and 6 hours of CPD activities/courses which meet the requirement of the Scheme. Under the mandatory participation arrangement, the number of CPD hours required for each year will remain unchanged as at current level and the PMSA will assess licensees’ CPD hours upon completion of each concerned calendar year.

To enforce the aforementioned arrangements, from 1 August this year onwards, the PMSA will, in accordance with the Property Management Services (Licensing and Related Matters) Regulation, impose a condition on all newly issued or renewed PMP (Tier 1) licences (3-year validity), requiring the licensees concerned to fulfil the CPD participation requirement for each year (i.e. attaining at least 12 CPD hours) in the two immediate CPD years before the expiry year of their newly issued/renewed licence (i.e. the year of 2026 or thereafter) (please refer to examples in Table 1).

As for PMP (Tier 2) licence holders, as mandatory participation will come into effect from 2025 onwards, a condition will be imposed on all PMP (Tier 2) licences (3-year validity) issued or renewed within the period from 1 August to 31 December this year, requiring the licensees concerned to fulfil the CPD participation requirement (i.e. attaining at least 6 CPD hours) in the CPD year (i.e. the year of 2025) before the expiry year (i.e. the year of 2026) of their newly issued or renewed licence. For PMP (Tier 2) licences (3-year validity) issued or renewed from 2024 onwards, a condition will be imposed requiring the licensees concerned to fulfil the CPD participation requirement for each year (i.e. attaining at least 6 CPD hours) in the two immediate CPD Scheme years before the expiry year of their newly issued or renewed licence (i.e. the year of 2027 or thereafter) (please refer to examples in Table 2).

Chairperson of the PMSA Dr James WONG said, “Only 20 days remain under the transitional period of the PM industry licensing regime, representing that the PM industry of Hong Kong will soon embrace a new era whereby all relevant PMCs and PMPs are licensed and moving towards enhanced quality and professionalism. Through implementing the CPD Scheme, the PMSA aims to equip PMP licence holders with new knowledge and skills to advance with times in order to cope with daily PM work and take on new challenges so as to provide quality PM services to clients, thereby enhancing the professional standard and status of the PM industry.”

For details of the CPD activities/courses organised or recognised by the PMSA under the CPD Scheme, please visit the PMSA website https://www.pmsa.org.hk/en/professional-development/cpd/.