HONG KONG SAR - Media OutReach Newswire - 22 March 2024 – The inaugural "PropTech Excellence Awards" jointly organized by the Hong Kong PropTech Association (HKPTA) and Hong Kong Cyberport Management Company Limited was successfully held on 21 March 2024 at Cyberport. Distinguished attendees included Ms Winnie HO Wing Yin, JP, the Secretary for Housing of the Hong Kong Special Administrative Region Government and Ms. Lillian CHEONG Man Lei, JP, Under Secretary for Innovation, Technology and Industry of the Hong Kong Special Administrative Region Government, who served as guest of honor and keynote speaker respectively. Nearly 250 leaders and elites from the real estate technology industry participated in the event, celebrating with the award winners.

The "PropTech Excellence Awards" shines a spotlight on the impact of organizations, individuals, and startups in the field of real estate technology, showcasing how technology can be used to improve citizens' lives, business operations, and sustainable development. The awards cover a diverse range of categories, including design and construction, safety, ESG, property management, sales, and marketing. This edition received over 80 applications, resulting in the selection of 41 awards. The "PropTech Solution of the Year" and "PropTech Startup Solution of the Year," were respectively awarded to the Hong Yip Service Company Limited and the Ergatian Limited. The "PropTech Leader of the Year" was awarded to Dr. Ir. Conrad Wong, Vice Chairman of Yau Lee Holdings Limited.

Ms. Vivian CHAN, Founding President of HKPTA stated, " This award celebrates the contributions of companies and individuals in the field of real estate technology, shining a spotlight on them to drive industry development. The awards have received support from government departments and major corporations, and many participants have presented impressive applications. We can truly feel their passion for PropTech and dedication to advancing this field. The achievements of the awardees not only demonstrate their talents and efforts but also showcase the strength and potential of Hong Kong's real estate technology sector. Today marks not only the award ceremony for the PropTech Excellence Awards but also the third anniversary of the establishment of the Hong Kong PropTech Association. I aspire to continue promoting exchanges between Hong Kong and foreign countries, enabling local real estate technology to thrive, and working together to build an intelligent and sustainable city. "
Guest of Honour Ms. Winnie HO Wing Yin, JP, Secretary for Housing of the HKSARG, shared in her speech, "PropTech encompasses various aspects, and property management is just a part of it. It is believed that there is great potential for PropTech in Hong Kong, the Greater Bay Area, Southeast Asia, and countries along the Belt and Road. In fact, the Housing Authority has already taken steps in this direction. The 2023 Policy Address mentioned that 10 housing estates would be selected as pilot sites to implement different new technologies and promote smart estate management. If outcomes are satisfactory, this initiative could be extended to a significant number of other housing estates. Ladies and gentlemen, please take note of the potential and business opportunities offered by the Housing Authority. I encourage everyone to continue exploring the realm of PropTech and contribute to creating another business opportunity for Hong Kong, leveraging its innovation and technology potential."
Ms. Lillian CHEONG Man Lei, JP, Under Secretary for Innovation, Technology and Industry of the HKSARG, said "I believe Hong Kong has the potential to take on a leading role in the field of technology in the Asia-Pacific region. Despite its relatively small size, Hong Kong is a highly developed and densely populated city. If new technologies can be applied here, it will serve as a great demonstration and standardization platform. In the downstream industries of real estate technology, there is a strong need for a platform that connects everyone and showcases technologies, including IoT and generates more innovative ideas. Together, we can drive industry development, harness the advantages of real estate technology, ultimately creating it as one of the new industries. I believe this goal is within our reach."
The HKPTA believes that the competition will provide participants with invaluable experiences, encouraging dialogues among industry professionals and expediting the progression towards smart and sustainably growing cities in Hong Kong.
Please click here to download the photos:

Hashtag: #HongKongPropTechAssociation

The issuer is solely responsible for the content of this announcement.

About HKPTA

The Hong Kong PropTech Association (HKPTA) is an independent organisation representing Hong Kong's PropTech community. The Association aims to build a collaborative ecosystem of real estate technology stakeholders from property developers and technology companies to investors and startups by creating awareness, employment, education, advocacy, and investment opportunities around PropTech. We are dedicated to fostering communication, innovation driving agenda within the property industry, and encouraging technology-enabled solutions to improve our lives, businesses, cities, and environment.