Property Management Services Authority to Gazette List of Property Management Company and Property Management Practitioner Licence Holders
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 Property Management Company (PMC) and Property Management Practitioner (PMP) licence holders under the property management (PM) industry licensing regime as of 30 April 2025.
The three-year transitional period of the PM industry licensing regime ended on 31 July 2023. As of today, the PMSA has already issued 820 PMC licences and over 20,000 PMP licences. Discounting those who have obtained both formal and provisional licences as well as those who hold more than one class of licence, there are currently more than 15,000 PMP licence holders who together provide PM services to over 2.4 million units in different types of properties in Hong Kong.
Dr James Wong, Chairperson of the PMSA, said, “After the smooth transition of the licensing regime, the industry has continued to apply for licence proactively; the PMSA receives around 200 new PMP licence applications every month, including provisional PMP licence holders applying for formal PMP licence, and PMP (Tier 2) (commonly known as PM Officer) licence holders who have strengthened their academic and professional qualification, accumulated sufficient PM experience and applying for PMP (Tier 1) (commonly known as PM Manager) licence. This reflects that the PM industry has confidence in the licensing regime and the industry’s long-term development, and considers PM as a sunrise industry which could provide a career ladder for PMPs to develop and upgrade themselves within the industry.”
During the three-year transitional period of the PM industry licensing regime, the PMSA issued provisional licence to around 5,500 experienced PMPs who did not have the relevant academic/professional qualification, and over 4,000 (75%) of them have successfully completed PMSA Specified Course and obtained formal PMP licence. Those yet to enrol in PMSA Specified Courses should identify appropriate course provider and enrol in such course soonest possible so as to ensure completion of the course within the validity of their provisional licence and then apply for formal PMP licence. In respect of the latest enrolment situation for the Specified Course, please visit the PMSA website (https://www.pmsa.org.hk/en/professional-development/pmsa-specified-courses) for more information. Specified Course attendants may apply for subsidy under the Continuing Education Fund.
In addition, the PMSA has recognized 11 professional bodies related to property management under the PM industry licensing regime and accepted their relevant membership as professional qualification meeting the requirement for obtaining a PMP (Tier 1) licence. Many licensed PMPs indeed come from diverse professional fields, including surveying, building services engineering, and facility management. This reflects that those within or outside of the PM profession have confidence in the licensing regime and the long-term development of the PM industry, and are convinced that holding PMP licence issued by the PMSA will be beneficial to their future professional development.
Under the Property Management Services Ordinance (Cap. 626), PMCs providing more than one category of prescribed PM services to property subject to deed of mutual covenant, and PMPs serving managerial or supervisory roles in licensed PMCs to provide PM services must hold valid PM licence issued by the PMSA. There are two classes of PMP licences. PMP (Tier 1) licence holders shall, in addition to holding a relevant Bachelor’s degree or above and with relevant PM work experience, also possess professional qualification as a member of a PMSA Recognised Professional Body. PMP (Tier 2) licence holders shall hold associate degree / diploma or above and possess relevant PM work experience.
Ends/Thursday, 22 May, 2025
Issued at HKT 13:00
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