In Hong Kong, buying a property is not just about securing a home or investment\u2014you are also acquiring a share of the building. As a co-owner, attending Owners\u2019 Corporation meetings (whether AGM or EGM) is both your right and responsibility.<\/p>\n\n\n\n
However, many owners find meetings tedious and believe that \u201cmy vote won\u2019t matter,\u201d choosing not to attend. Today, the PropMark team breaks down how owners\u2019 meetings work, why your vote can impact tens of thousands of dollars, and how to handle proxy forms safely.<\/p>\n\n\n\n Under the Building Management Ordinance (Cap. 344), major building decisions must be approved through owners\u2019 meetings.<\/p>\n\n\n\n Lift upgrades, security contracts, and cleaning services are often decided through voting.<\/p>\n\n\n\n \ud83d\udc49 Not attending = giving away your decision-making power<\/p>\n\n\n\n Older buildings often require major repairs costing millions.<\/p>\n\n\n\n \ud83d\udc49 Cost per unit can range from thousands to tens of thousands Owners may authorize someone to attend and vote on their behalf.<\/p>\n\n\n\n 1\ufe0f\u20e3 Always name your proxy<\/strong> 2\ufe0f\u20e3 Indicate voting choices clearly<\/strong> 3\ufe0f\u20e3 Submit before deadline<\/strong> 4\ufe0f\u20e3 Sign consistently<\/strong> There have been cases where proxy forms were collected and misused to influence decisions.<\/p>\n\n\n\n \u2705 Never sign incomplete forms Low participation can lead to:<\/p>\n\n\n\n \ud83d\udc49 Ultimately affecting all owners<\/p>\n\n\n\n Owning property is a long-term commitment, and active participation is key to protecting your investment.<\/p>\n\n\n\n Next time you receive a meeting notice\u2014don\u2019t ignore it.<\/p>\n\n\n\n Attend if possible, or submit a properly completed proxy form.<\/p>\n\n\n\n Because one vote can make a real difference.<\/strong><\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" In Hong Kong, buying a property is not just about securing a home or investment\u2014you are also acquiring a share of the building. As a co-owner, attending Owners\u2019 Corporation meetings (whether AGM or EGM) is both your right and responsibility.<\/p>\n However, many owners find meetings tedious and believe that \u201cmy vote won\u2019t matter,\u201d choosing not to attend.
The truth is: the cost of silence can be very expensive.<\/strong><\/p>\n\n\n\n
\n\n\n\nWhy attend? How major spending decisions are made<\/h2>\n\n\n\n
Key decisions include:<\/h3>\n\n\n\n
1. Selecting contractors and service providers<\/h3>\n\n\n\n
\n\n\n\n2. Large-scale maintenance projects<\/h3>\n\n\n\n
\ud83d\udc49 Even if you don\u2019t vote, you are still legally required to pay<\/p>\n\n\n\n
\n\n\n\nCan\u2019t attend? Use Proxy Forms properly<\/h2>\n\n\n\n
\ud83d\udccc Four key rules<\/h3>\n\n\n\n
Never submit a blank proxy form<\/p>\n\n\n\n
Mark \u201cFor \/ Against \/ Abstain\u201d<\/p>\n\n\n\n
Usually at least 48 hours before the meeting<\/p>\n\n\n\n
Signature must match official records<\/p>\n\n\n\n
\n\n\n\nBeware of proxy manipulation risks<\/h2>\n\n\n\n
\ud83d\udee1\ufe0f Three safety tips<\/h3>\n\n\n\n
\u2705 Attending in person overrides your proxy
\u2705 Submit forms yourself<\/p>\n\n\n\n
\n\n\n\n\ud83d\udca1 PropMark Reminder: \u201cEvery vote counts\u201d<\/h2>\n\n\n\n
\n
\n\n\n\nConclusion<\/h2>\n\n\n\n
\nThe truth is: the cost of silence can be very expensive.<\/p>\n","protected":false},"author":5,"featured_media":434,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[657,635],"tags":[663,661,615,613,659],"class_list":["post-438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-management","category-property-owner-guide","tag-agm-voting","tag-annual-general-meeting","tag-building-management-ordinance","tag-owners-corporation","tag-owners-meeting"],"jetpack_featured_media_url":"https:\/\/hk.propmark.com\/hong-kong-real-estate-blog\/wp-content\/uploads\/2026\/06\/propmark-hk-owners-agm-voting-vs-building-renovation-costs.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/hk.propmark.com\/hong-kong-real-estate-blog\/wp-json\/wp\/v2\/posts\/438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hk.propmark.com\/hong-kong-real-estate-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hk.propmark.com\/hong-kong-real-estate-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hk.propmark.com\/hong-kong-real-estate-blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hk.propmark.com\/hong-kong-real-estate-blog\/wp-json\/wp\/v2\/comments?post=438"}],"version-history":[{"count":2,"href":"https:\/\/hk.propmark.com\/hong-kong-real-estate-blog\/wp-json\/wp\/v2\/posts\/438\/revisions"}],"predecessor-version":[{"id":491,"href":"https:\/\/hk.propmark.com\/hong-kong-real-estate-blog\/wp-json\/wp\/v2\/posts\/438\/revisions\/491"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hk.propmark.com\/hong-kong-real-estate-blog\/wp-json\/wp\/v2\/media\/434"}],"wp:attachment":[{"href":"https:\/\/hk.propmark.com\/hong-kong-real-estate-blog\/wp-json\/wp\/v2\/media?parent=438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hk.propmark.com\/hong-kong-real-estate-blog\/wp-json\/wp\/v2\/categories?post=438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hk.propmark.com\/hong-kong-real-estate-blog\/wp-json\/wp\/v2\/tags?post=438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}