Opening ceremony of this year's PropEx were officiated by Hon. Tony Tse Wai-chuen, BBS, JP, Chairperson of Property Management Services Authority (PMSA) along with Mr. C.S. Lee, Director of Comasia Limited; Dr. Cheng Kam Wah, Edmond, President of The Hong Kong Association of Property Management Companies; Mr. Davis Wong, President of The Federation of Hong Kong Property Management Industry; Mr. Matthew Ng, Chairman of Chartered Institute of Housing Asian Pacific Branch; Mr. Johnny Ho, Chairman of Chamber of Security Industry; and Ms. Ida Chi, Chairperson of Hong Kong Property Innovative Technology and Environmental Protection Association. Hon. Tony Tse Wai-chuen, BBS, JP, Chairperson of Property Management Services Authority, addressed, "The theme of the Expo this year is 'Upgrade Estate Management, Release Real Asset Value". To many people of Hong Kong, their property is their greatest asset. Many factors affect property value but quality and professional PM services are undoubtedly major factors in maintaining or even enhancing the value of properties. Furthermore, if properties are well-managed, we may all live and work in comfort." Mr. C.S. Lee, Director of Comasia Limited, said, "Riding on the monumental success of the inaugural edition of PropEx in November 2021, the second edition sets to once again render property managers and service providers in Hong Kong, Mainland China and across Asia an exceptional platform to access new solutions to enhance their service quality and help make their operation cost-effective, more professional and all-rounded. Property management is also relevant to our living. With the help of technological solutions, the benefits are not limited to enhancing quality of property management, or adding value to the property itself, but also the vast improvement of residents' quality of life. So we sincerely invite members of owner's committee, owners' corporation and fellow property management practitioners to visit this PropEx edition and explore more." With the total revenue of property management services in Hong Kong recorded a stable growth from HK$49.7 billion in 2013 to HK$62.7 billion in 2017, and is forecasted to reach HK$81.4 billion by 2022, growing at a CAGR of 5.4% during 2017 to 2022. The extension from fundamental security and cleaning to diversified value-added services covering every aspect of household has been driving evolution of modern property management service. To enhance service quality and stay on course, property management industry is actively adopting new technologies such as IT, Cloud Computing, Blockchain Data and Artificial Intelligence to make property management service smarter. The second PropEx edition is set to offer an exhibition, exchange and business matching platform for Hong Kong, its property management industry and related suppliers of supporting facilities and products to seize industry opportunities, promote more sustainable and diversified business development. This PropEx edition receives full support from five industrial associations, namely The Hong Kong Association of Property Management Companies, The Federation of Hong Kong Property Management Industry, Chartered Institute of Housing Asian Pacific Branch, Chamber of Security Industry, and Hong Kong Property Innovative Technology and Environmental Protection Association. A series of seminars will also be held during the three-day event, featuring heavyweight speakers to come across the latest property management trends and share their insights in areas like energy conservation and enhancement through application of property management technology for inspiring fellow practitioners to purse excellence. PM Pioneer...

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