How a Hong Kong Luxury Estate Saved HK$1 Billion in Renovation Cost with Tech Solutions Hong Kong's property market has been booming, but beneath its surface lies a hidden crisis: the staggering cost of maintaining and renovating its aging estates.
A recent example from The Residence Bel Air shows that technology can be a game changer in keeping these costs under control.
The estate's owners' committee, led by Allen Ha Wing on, implemented a preventive maintenance model called "homegevity. " This innovative approach combines science and technology to extend the lifespan of properties.