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Manpower Dynamics. Data Intelligence.

Real Estate Services

Real estate development; Property management and maintenance; Estate agency; Estate surveying, valuation and consultancy; Related education institutes/government departments /utilities.

Real Estate Services Inner Banner

Year 2018 Tooltips

Managerial and Professional

0

Supervisory

0

Technical Support and Operative

0

Total

0

Managerial and Professional

0

Vacancy rate: 3.4%

Supervisory

0

Vacancy rate: 4.7%

Technical Support and Operative

0

Vacancy rate: 7.0%

Total

0

Vacancy rate: 6.2%

 

All the percentages are rounded to nearest 0.1%.

Managerial and Professional

0

Turnover rate: 7.7%

Supervisory

0

Turnover rate: 10.9%

Technical Support and Operative

0

Turnover rate: 25.0%

 

All the percentages are rounded to nearest 0.1%.

Monthly Income Tooltips

 

All the percentages are rounded to nearest 0.1%.

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Managerial and Professional

74.3%First Degree

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Supervisory

32.1%Diploma/ Certificate

32.3%Secondary 4 to 7

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Technical Support and Operative

52.8%Secondary 3 or below

 

All the percentages are rounded to nearest 0.1%.

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Managerial and Professional

30.8%10 years or more

37.4%6 years to less than 10 years

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Supervisory

52.9%3 years to less than 6 years

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Technical Support and Operative

47.2%1 year to less than 3 years

41.4%Less than 1 year

 

All the percentages are rounded to nearest 0.1%.

Recruitment Difficulties

1st

Lack of candidates with relevant experience

2nd

Unsatisfactory terms of employment in  the  industry 

3rd

Insufficient trained/qualified manpower in the related disciplines

Manpower Demand

Average Annual Growth

0

2018

Actual

0

2022

Forecast

0

Note(s):
(1) The figures included employees and vacancies.
(2) The manpower forecast is based on the statistical modelling of relevant economic indicators which reflect important changes in the local economy, demography and labour market.

 

All the percentages are rounded to nearest 0.1%.

Report

Real Estate Services Industry - 2018 Manpower Survey Report Image
  • Real Estate Services
  • 2018 Manpower Survey Report

Increase in the Demand for High Caliber Practitioners

The Property Management Services Ordinance was enacted in 2016 and the Property Management Services Authority has been established to promote competence and professionalism of practitioners. It is expected that the professional status of the industry will be enhanced leading to an increase in the demand for high caliber practitioners.

Real Estate Services Industry - 2021 Manpower Update Report Image
  • Real Estate Services
  • 2021 Manpower Update Report

Demand for Talents with Tech-savvy and Innovative Thinking

To stay competitive, real estate services companies need tech-savvy leaders and employees who can harness innovative thinking, form the right strategies and apply the systems and tools that best fit the needs of the business. Talents with advanced data analytics skills for insight generation, competence in applying property technologies for delivering business solutions and customer experiences with agility and creativity will be in strong demand. Effective interpersonal communication skills, attention to details, good people skills with clients are also essential for the industry. Given the increasing demand for transparency on sustainable and socially responsible practices, ESG (Environmental, Social and Governance) talents are sought-after in providing insights and creating long-term values for stakeholders of companies.