HONG KONG SAR – Media OutReach – 9 February
2021 – Although Covid-19 has brought depression to the world, it does not
affect the “customization enthusiasm” in Hong Kong’s renovation industry,
rather, it helps the business to grow. Whether it is office renovation or
household renovation, many people hope to improve productivity by personalizing
the space, which further helps to improve their quality of life and the efficiency
at work.

Business
owners renovate their offices with emphasis on practicality and flexibility of
space
According
to the latest published report on January 2021, Premium Office Rent Tracker,
December 2020, office rents in Central and Eastern districts Hong Kong are
among the top 20 in the world. Among them, rents of the central districts are
the most expensive, reaching the cost of
$240/square feet every year. Moreover, as the Hong Kong marketing
environment is changing rapidly, the traditional office working mode needs to
adapt to the constantly changing needs for the work environment. Due to the
great impact of the COVID-19 pandemic, it’s inevitable for the companies to
make some adjustments, whether integrate or expanse business, therefore, the question
for business owners to consider is how to make the best use of the small space.
John Wong, the manager of A1 WORKMAN, said that more than 30% of
customers choose to renovate their offices and use the custom furniture
services in order to maximize the use of the space as well as coordinating the
office styles. Besides, customers desire to have more than just a flexible
office space but an office to meet the future intelligence requirement.
The
large amount of old houses increase the need for second-hand apartments renovation
According
to the reports from Centaline Property Agency, 60% of apartments purchased by
Hong Kong consumers are among the categories of buildings aged 15 years or
above and secondhand houses. These second-hand apartments are worrying many
residents as they might have safety issues or structural problems, therefore,
there are increase demands of old house renovation services in Hong Kong. “We
too receive a lot of inquires from people regarding the renovation services,
many property buyers tend to renovate their secondhand apartments before moving
in, and before the renovation starts, demolition and restoration need to be
done first. On the other hand, some people are concerned about the water-proof
ability because the buildings are old, so they also want to use the renovation
service.
Though people are fond of online shopping for disinfection
home appliances and DIY small projects, they still rely on renovation companies
for the big projects.
According to our survey, over 40% of property
owners hope to redefine their homes based on their own aesthetic and living habits,
creating the “ideal home” in accord with the personality and needs. However,
most people are not able to do it due to the lack of time and the lack of
skill, they may do some DIY works for small items, yet they still rely on
renovation companies for the bigger project. In addition, people stay home
longer now because of the pandemic and many families choose to order home
appliances online, as a result, some Hong Kong renovation firms decided to
establish the online stores for household appliances to meet this need. Take A1
WORKMAN for example, they set up a website for online home appliance purchase
which not only provides online inquiry services but also delivery and on-site instillation
service in areas like Tuen Mun, Tsuen Wan, Kwai Chung and Kwai Tsing, etc.
According to A1 WORKMAN, the best selling products are sterilization air
conditioner, fan, air purifier, vacuum cleaner, kitchen appliances and so on.
The use of space in the future is sure to
change along with the development of the society, it is going to suit the needs
of everyday life and the change of home/office settings. No matter the development,
the first and foremost requirement is to be safe and practical. In a word, the
priority of renovation and remodeling is to focus on quality and safety.
About A1 WORKMAN
A1 WORKMAN is a professional renovation company
in Hong Kong. It undertakes various renovation projects. Their business
includes: home decoration, air-conditioning engineering, store and warehouse
decoration, banner production, office and building construction, building
inspection, aluminum window construction, home furnishing and commercial
demolition and restoration, door lock installation and change. https://workman.com.hk/
Services
Stakeholder mapping, analysis, engagement and communication needs to be detailed to avoid business losses or even worse, a crisis. How can you do this effectively to prevent failure? ...
Data-driven business decisions have never been as crucial, especially in this era. MGBF leverages off, technology, experience and market presence to aid businesses in making accurate decisions. ...
MGBF provides comprehensive strategic advice and results-focused solutions to solve clients' problems in business-government relations so they can focus on their core business. ...
A critical business challenge is meeting the right decision-makers and potential buyers through the best channel and platform. How will you improve your business competency? ...
Upcoming Events
Expanding on the global digital arms race that governments and corporations are engaged in, this full-day forum will see industry leaders speak, and four interactive panel sessions. Event date: 21 March 2023. Contact us to book your seats now!
The threat matrix has evolved to include information warfare, cyberspace incursions, big data and behavioural communications. Business leaders need to be aware of these threats to survive. What are you doing as a key stakeholder?
Corporations and their leadership often face weaponised information attacks in the media. Understanding these advanced business threats is crucial. Recently completed. View proceedings online.
Special session: Cyberwarfare Waged on the Corporate Sector - Lessons from the Russia-Ukraine Crisis. Corporations are in a digital arms race that many don't realise. How does this relate to your organisation?
MGBF In The News
The Malaysia Global Business Forum (MGBF) will be hosting a roundtable on ‘Designing the Future of the Digital Economy’ on 23 February 2023. It is the culmination of the first three MGBF Exclusive Roundtable Series titled ‘The Evolving Threat Matrix in the Digital Economy’ held throughout 2022. According to the […]
The Founding Chairman of the Malaysia Global Business Forum (MGBF), Nordin Abdullah, today spoke on Bernama TV’s leading English talk show, The Brief, hosted by Jessy Chahal, on the topic of a stable political reality and what that means for the Malaysian economy. Nordin said, “The first thing that it […]
More than 1,100 years ago, Muhammad ibn Musa al-Khwarizmi was developing the mathematical formulas that we know today as algorithms which now have become so intertwined with the business fortunes of global media giants and the very fabric of geopolitics. A series of recent high level international reports have revealed […]
KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia post-pandemic. The first challenge in investor attraction is “selling” the country. In the context of Asia, Malaysia is competing with some very established investment destinations. The second […]
Malaysia, in particular Kuala Lumpur, continues to position itself as a regional centre to do business, educate a family and enjoy a global lifestyle. One company, KSK Land, has taken the lead in positioning itself and the city of Kuala Lumpur as a property investment destination for the global citizen […]
The upcoming budget represents an opportunity to build resilience in the critical sectors that will form the backbone of the country’s future-facing economic ambitions. This however needs to be achieved in the context of managing the community sectors most impacted by COVID-19 over the past two years. The Keluarga Malaysia (Malaysian Family) […]
Malaysia Global Business Forum (MGBF) has moved to support the creative economy as the overall economy moves into a recovery phase following the COVID19 pandemic. As a step in the direction of normalcy, the MGBF has agreed to host the art exhibition “I Know You’re Somewhere So Far” by one […]
Congratulations to Datuk Seri Ismail Sabri Yaakob for taking up the mantle of the ninth prime minister of Malaysia. There is nothing normal about the situation; it could not have been scripted but it has kept the spectrum of media, mainstream and social, gripped. The first order of business for […]
In a stirring speech to the nation, President Joseph R. Biden, Jr. stamped his brand of leadership on the presidency, in his first act as the 46th president of the United State of America, it signaled several shifts. Perhaps the weather was foreboding with snow falling before the ceremony that […]
KUALA LUMPUR, 6 July 2022 – As the global economy continues to deal with unprecedented levels of disruption caused by the pandemic and the conflict between Russia and Ukraine, the convergence of energy security and food security issues has become a front-of-mind issue faced by policy makers and consumers alike. […]
KUALA LUMPUR, 23 June 2022 — Malaysia Global Business Forum (MGBF) ties up with scoutAsia to ensure that businesses are equipped with deeper regional insights. The past two years has seen a massive shift in the way businesses are conducted with digitisation, digitalisation and automation continuously being adopted to improve […]
KUALA LUMPUR, 25 May 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Security Concerns in Critical Value Chains’ was held in a hybrid setting yesterday at the Eastin Hotel Kuala Lumpur. The guest of honour was Yang Berbahagia Tan Sri Dato’ Seri Rafidah Aziz, former minister of […]
We live in the age of crisis. At the heart of any crisis is the threat of rapid change. Change too deep or too wide that the current coping mechanisms for an individual, corporation or government are unable to remain resilient. An unwelcome paradigm shift, like the proverbial spider, that […]
The Malaysia Global Business Forum (MGBF) has released a report following the roundtable on ‘Digital Resilience in the Corporate Sector’, which was recently held in Kuala Lumpur. In attendance as guest of honour was Deputy Minister of Communications and Multimedia, Datuk Zahidi Zainul Abidin. The report recommended several critical development […]
Trade and investment delegations will trickle back over the next few months, but the second half of the year should see considerable return of business travellers. It was learnt that over 50 per cent of international business chambers and industry associations surveyed will consider sending exploratory teams to Malaysia during […]
KUALA LUMPUR, 30 March 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Digital Resilience in the Corporate Sector’ was held in a hybrid setting yesterday at the Element by Westin Kuala Lumpur. The discussion focused on what business leaders need to understand, to ensure business resilience and […]
The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Addressing Weaponised Information in the Media’ was held in a hybrid setting today at the Hilton Kuala Lumpur. The discussion focused on addressing one of the most relevant threats to businesses in the digital economy – cyber threats causing physical and […]
The current floods that have impacted various parts of the country have given rise to an extensive commentary on the response cycles of various stakeholders. It has in turn led to continued crisis communications and statements in the media by agencies and ministries alike. This binary approach to the discussion […]
The formation of a special Cabinet committee to develop strategic measures to safeguard the economy amid the Covid-19 outbreak shows the Malaysian government is serious about creating a balance between the continued safety of the general population and the survival of the economy. In the global context, as many countries […]