Modern Living Investments Holdings

What Modern Living Investments Holdings does

Modern Living Investments Holdings Limited is a Hong Kong-based property management services group listed on the Growth Enterprise Market (GEM) of the Hong Kong Stock Exchange (Stock Code: 00711.HK) and operating as a wholly-owned subsidiary of Asia Allied Infrastructure Holdings Limited since 2024. Founded in 2002, the group delivers recurring property management services including estate management (general management, tenancy management, financial management, repair and maintenance), security services (guarding, access control, CCTV monitoring, emergency response) and cleaning services (waste collection, recycling, environmental hygiene), supplemented by a project management add-on for substantial building works. The company serves a concentrated base of public housing estates under contract with the Hong Kong Housing Authority, plus private residential courts and shopping centres, operating through approximately 38 on-site management offices across Hong Kong.

The group's go-to-market is enterprise field sales through Hong Kong government tendering, with pricing and contract terms not publicly disclosed. Its principal intangible asset is its Property Management Company Licence (C-150061) and registration on the HK Housing Authority's List of Property Services Agents, which is the regulated gateway to public sector contracts. In December 2023 the company launched what it describes as Hong Kong's first digital twin-based property management technology platform, developed in collaboration with HKUST and housed under subsidiary Modern PropTech Limited, representing its first move beyond traditional service delivery into proprietary property technology. Following its 2024 acquisition by Asia Allied Infrastructure, Modern Living's strategic role is shifting toward a platform component within a larger diversified infrastructure conglomerate, with significant board and management turnover completed during the year.

Name

Modern Living Investments Holdings

Legal name

Modern Living Investments Holdings Ltd

Website

https://modernliving.com.hk

Company type

Public

Founded year

2002

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Modern Living Investments Holdings is a Hong Kong-based property management services group providing estate management, security and cleaning primarily to public housing estates under contract with the Hong Kong Housing Authority, operating since 2002 and now a subsidiary of Asia Allied Infrastructure Holdings.

Ownership category

akta.pro rank

Product category

Property Management Services

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro industry

PRIMARYBPAJAMAI

Affordable & Public Housing Asset Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Real Estate Asset & Portfolio Management

SECONDARYBPAJAMAA

Residential Real Estate Asset Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Real Estate Asset & Portfolio Management

Keywords

• Property management services
• Estate management
• Security services
• Cleaning services
• Public housing management

Headquarters

HQ city

Sha Tin

HQ country

Hong Kong SAR China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Property Management Services: Recurring property management service contracts providing estate management, tenancy management, financial management, repair and maintenance, security services, and cleaning services to public housing estates under contract with the Hong Kong Housing Authority

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Modern Living Investments Holdings provides property management services to public housing estates, private residential courts, and shopping centres in Hong Kong under contracts with the Hong Kong Housing Authority. The core offerings comprise three integrated service lines: estate management (general management, tenancy management, financial management, repair and maintenance), security services (guarding, access control, patrolling, CCTV monitoring, emergency response), and cleaning services (waste collection, recycling, environmental hygiene). Project management for substantial building works is offered as an additional service module.

Product overview

Modern Living Investments Holdings Ltd is a property management services company that operates as a unified platform providing three core service lines: Estate Management Services (covering general management, tenancy management, financial management, and repair/maintenance), Security Services (including guarding, access control, CCTV monitoring, and emergency response), and Cleaning Services (waste management, recycling, and environmental hygiene). The company also offers Project Management Services as an add-on module for substantial building works. In 2023, the company expanded into technology-enabled services through its Digital Twin-Based Property Management Technology Platform developed with HKUST, representing its first major technology product innovation.

Differentiator

Problem solved

Functional benefit

Products and services

• Estate Management Services Comprehensive property management services covering general management, tenancy management, financial management, repair and maintenance, delivered to public housing estates and private residential courts under contract with the Hong Kong Housing Authority.
• Security Services Security guarding, access control, patrolling, CCTV monitoring, emergency response, and building services security maintenance delivered to managed residential estates and shopping centres.
• Cleaning Services Professional cleaning services including waste collection, recycling programs, environmental hygiene maintenance, and distribution of degradable garbage bags for managed estates, shopping centres, and residential courts.
• Project Management Services Professional project management services delivered for substantial repair, maintenance, or building works where external contractors or consultants are engaged on managed estates.
• Digital Twin-Based Property Management Technology Platform Hong Kong's first digital twin-based property management technology platform developed in collaboration with HKUST, enabling advanced property management through data modeling and simulation of building systems and operations.

Named customers35 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature1 record

Partnerships

One partnership is on record.

• Hong Kong University of Science and Technology (HKUST)flagshipStrategic or Co-development Partner · 19 December 2023Strategic collaboration to develop Hong Kong's first digital twin-based property management technology platform, representing innovation in property management through advanced technology integration.

Scale indicators2 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• Hang Lung Properties: Hong Kong-listed property developer that directly manages its own residential estates and shopping centres in HK; adjacent operating model in property management services.
• Savills Property Management (Hong Kong): Global real estate services firm with a HK property management practice covering residential estates, shopping centres and Grade-A offices; competes for HK and private residential management mandates.
• Cushman & Wakefield Hong Kong: International real estate services firm with HK property management operations across residential, commercial and retail assets; comparable service mix and target clients to Modern Living.
• Sun Hung Kai Properties (SHKP) Property Management: Hong Kong's largest developer with in-house property management for its extensive residential estates and malls; competes for HK private residential management and adjacent mandates.
• Jones Lang LaSalle Hong Kong (JLL): Global real estate services firm offering property and facilities management in Hong Kong, including residential estate management, competing with Modern Living for both public and private estate mandates.

Direct peers

• Citybase Property Management Limited: Hong Kong-based property management firm providing estate, security and facility management for HKHA and private residential estates, directly comparable in scope and customer profile.
• China Overseas Property Holdings (COGO): Hong Kong-listed property management group providing estate and facility management services for residential and commercial developments, competing for HKHA and private contracts in Hong Kong.
• China Resources Property Management (Hong Kong): Hong Kong arm of China Resources Mixc Lifestyle, a major property manager in HK including public and private residential estates, with similar recurring fee-based revenue model.
• Hong Yip Service Company Limited: Direct HK peer providing property management services to Hong Kong Housing Authority public housing estates and courts. Operates the same business model (estate management, security, cleaning) for HKHA under contract tender.

Emerging players

• Synergis Property Services (Hong Kong): Hong Kong property and facility management services provider active in residential estate management; smaller-scope peer with overlapping service offering for HKHA and private estates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Modern Living Investments Holdings