The Origin of Property Management Industry and the Domestic Development of China

As the consumption link of real estate commodities, property is the continuation and perfection of real estate development, and it is a comprehensive management service model gradually established to adapt to the market mechanism.

property management

Property management originated from 65438-09 in Britain in 1960s. At that time, it was the great development of the British industrial revolution, and a large number of rural people poured into industrial cities, which caused an increase in urban housing demand. However, the lack of management has led to social problems such as serious house damage and deteriorating living environment.

Property management is a new industry. It is generally believed that property management has a history of only about 20 years in China, which originated from developed coastal cities and gradually extended to inland areas. In foreign countries, property management has a history of 100 years.

From the origin of domestic property management,1the mid-9th century to the 1920s was the germination and initial development period of the real estate industry in old China. During this period, many 89-story buildings were built in Shanghai, Tianjin, Wuhan, Guangzhou, Shenyang, Harbin and other cities. There are 28 high-rise buildings 10 above in Shanghai. In the real estate market at that time, there were professional operating companies such as agency leasing, cleaning and sanitation, and security services. The management methods of these professional companies are the early forms of property management in China.

In the early 1980s, with the implementation of China's national policy of reform and opening up, property management, a product of market economy, was introduced from Hong Kong. Shenzhen is recognized as the birthplace of property management in China. In the process of property management in China, numerous firsts have been created. Shenzhen owners are the pioneers and promoters of property management in China. Today, Shenzhen's property management is still at a high level in China, and its management concept and practical experience are still worth emulating and popularizing. The landmark events are:

1981March 10, Shenzhen Property Management Company, the first professional company in Shenzhen to manage foreign-related commercial housing, was formally established and began to implement unified property management for foreign-related commercial housing in Shenzhen Special Economic Zone, which is the first step of domestic property management in China and marks the birth of this new industry.

On June 30th, 1993, Shenzhen established the Domestic Property Management Association; 1994, Shenzhen promulgated the Regulations on Property Management of Residential Areas in Shenzhen Special Economic Zone.

1in April, 1994, the Ministry of Construction issued Order No.33, Measures for the Administration of Newly Built Residential Quarters in Cities, which clearly pointed out that "socialized and professional management mode will be gradually implemented in residential quarters, and professional management will be uniformly implemented by property management companies".

On September 1 2003, the first property management regulation in China came into effect, which provided an important legal basis for standardizing property management, safeguarding the legitimate rights and interests of owners and property management enterprises, and improving people's living and working environment.

The Twelfth Five-Year Development Plan of Real Estate Industry points out that during the Twelfth Five-Year Plan period, we will continue to increase the effective supply of housing, curb speculative demand for investment, actively develop the secondary housing market and rental market, and continue to strengthen the monitoring of the real estate market.

(The above answers were published on 20 13-04-22. Please refer to the actual situation for the current purchase policy. )

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