Hong Kong is the meeting point of the
East and West. People come here from all over the world for business,
to study, to meet friends and relatives, and for a host of other
reasons.
They usually rent or buy properties during their stay.
Hong Kong properties, however, are unique
in many ways. In the first place, no one can purchase freehold land. Secondly, people invariably co-own a land lot with other co-owners; all occupants, therefore, are subject to mutual rights and obligations – even if they live in what appears to be a detached house. And, even the simplest structural work done to their home might require consent from the appropriate owners' corporation or governmental authority.
Needless to say, proper and timely advice
from property professionals may avoid unnecessary disputes and problems
in the future.
Cultural diversity and the Institute
Property professionals from other
countries,
who call Hong Kong their home, can bring their valuable experience to
serve both the local population, as well as new arrivals settling here.
Invariably, some visitors may feel more at ease when served by property
professionals from the same culture, or who speak the same language.