TABLE OF CONTENTS - The Professional Green Building Council

Theme B: Creating a livable, healthy and environmentally viable cities3. Protect optional rights: The property management company is normally selectedthrough bargaining, public bidding or commissioning. In order to prevent that thedeveloper appoint its subsidiary company for property management, thegovernment stipulates that after 2~5 years managing with its subsidiary company;when the contract expired, the developer has to choose other property managementcompanies.4. Public contract: The Hong Kong government asks to make public contract whenone building has two owners. After registration the contract becomes a legaldocument and is always effective even the owner or property managementcompany is replaced.5. Comply to the relevant standards: Although the property management manualdoes not have legal effectiveness, the property management still has to complywith the ordinance.5.2 China Property Management Trend1. China property management modelAccording to the research, there are two main management models in China:(1)Professional property management model: It provides householder withnon-gratuitous integrated service. It mainly focuses on high benefit properties; forexample: office building, villa and etc.(2) Specialize and administrative management model: The management is forsmall area of residence providing quiet, comfortable and safety living environment.2. The current development implementation principle in China347