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EMSD releases latest lift maintenance cost information of private residential and commercial premises

HK

EMSD releases latest lift maintenance cost information of private residential and commercial premises
HK

HK

EMSD releases latest lift maintenance cost information of private residential and commercial premises

2024-05-27 15:20 Last Updated At:19:58

Unlocking the secrets: emsd reveals new data on elevator maintenance costs for homes and businesses

The Electrical and Mechanical Services Department (EMSD) today (May 27) released the latest maintenance cost information on lifts in private residential and commercial premises in Hong Kong for public reference in choosing registered lift contractors.

The EMSD had earlier engaged an independent consultant to conduct a sampling survey on the maintenance costs of lifts in private residential and commercial buildings in Hong Kong. The consultant analysed the data collected from about 9 430 lifts at about 2 420 locations, and calculated the average monthly maintenance costs of the lifts as follows:

Private residential buildings

Lift travellevel

Rated speed of lift

Average monthly liftmaintenance cost

Changes as comparedwith last survey (Note)

1 to 15

≤ 1.0m/s

> 1.0m/s

$5,276

$6,144

+3.1%

+2.6%

16 to 25

≤ 1.5m/s

> 1.5m/s

$5,492

$7,416

+3.4%

+1.5%

26 to 35

≤ 1.75m/s

> 1.75m/s

$6,539

$9,557

+1.9%

+0.4%

More than 35

≤ 2.5m/s

> 2.5m/s

$10,206

$10,781

+1.2%

+2.1%

Private commercial buildings

Lift travellevel

Rated speedof lift

Average monthly liftmaintenance cost

Changes as comparedwith last survey (Note)

1 to 15

≤ 1.5m/s

> 1.5m/s

$7,241

$9,187

+2.7%

+0.7%

16 to 25

≤ 2.0m/s

> 2.0m/s

$8,355

$12,310

+2.9%

+0.5%

26 to 35

≤ 3.0m/s

> 3.0m/s

$10,898

$15,584

+2.9%

+3.2%

More than 35

≤ 3.5m/s

> 3.5m/s

$21,872

$25,971

+0.0%

+3.6%

The cost information is available in the Responsible Persons' Corner on the EMSD website (www.emsd.gov.hk/en/lifts_and_escalators_safety/responsible_persons_corner/index.html). The EMSD will update it on a half-yearly basis.

In choosing registered lift contractors, the responsible persons for lifts are advised to make reference to the materials published in the Responsible Persons' Corner in addition to the price factor. The materials include:

* performance ratings of registered contractors;

* sample contracts for procurement of lift maintenance services;

* a guidebook for persons responsible for lifts;

* guidelines for selection of registered contractors for provision of maintenance services;

* guidelines for modernisation of existing lifts;

* guidelines for management of lift maintenance works;

* a checklist for building management staff to conduct daily safety inspection of lifts; and

* common questions and answers on lift management.

Note: The above price figures were updated on March 31, 2024, whereas the previous price figures were updated on September 30, 2023.

Source: AI-generated images

Source: AI-generated images

Investhk reception celebrates hong kong's global business advantages with over 400 industry leaders - chief executive calls for continued growth and investment.

The Chief Executive, Mr John Lee, today (June 20) welcomed over 400 senior representatives from Mainland and foreign companies at an Invest Hong Kong (InvestHK) reception, thanking them for their lasting confidence in Hong Kong's business environment and calling upon them to continue using the city's global advantages to expand their business worldwide.

Speaking at the reception, Mr Lee said that under the "one country, two systems" principle, Hong Kong has the distinctive advantage of enjoying strong support of the country and being closely connected to the world. The city is one of the most liberal and easiest places to do business in the world. In the latest World Competitiveness Yearbook 2024, Hong Kong's ranking jumped two places to fifth globally, and topped the world in "international trade" and "business legislation". Mr Lee said that Hong Kong plays important roles as a "super-connector" and a "super value-adder" between the Mainland and the rest of the world, serving as a two-way springboard for attracting overseas enterprises and for Mainland enterprises to "go global". Mr Lee said that Hong Kong warmly welcomes enterprises, talent, and investment to seize the unlimited opportunities offered by this vibrant international city.

The Secretary for Commerce and Economic Development, Mr Algernon Yau, also attended and joined Mr Lee to offer a toast to the guests.

The Director-General of Investment Promotion, Ms Alpha Lau, thanked the guests for their confidence in Hong Kong by setting up businesses in the city. She said that InvestHK and the Office for Attracting Strategic Enterprises (OASES) will offer the best support for helping Mainland and foreign companies tap business opportunities and thrive in Hong Kong.

The guests who attended the reception are company representatives from various sectors around the world and had been assisted by InvestHK and the OASES over the past year in setting up or expanding their business in Hong Kong.

InvestHK is the department of the Hong Kong Special Administrative Region Government to attract foreign direct investment and support Mainland and overseas businesses to set up or expand in Hong Kong. It has nine sector teams catering to the needs of different companies, and in recent years has expanded with new pillars, namely, the fintech and family office units to attract companies in these areas to set up in Hong Kong and develop a comprehensive ecosystem.

For photos of the reception, please visit: www.flickr.com/photos/investhk/albums/72177720318075925.

Chief Executive thanks Mainland and foreign investors for setting up businesses in Hong Kong  Source: HKSAR Government Press Releases

Chief Executive thanks Mainland and foreign investors for setting up businesses in Hong Kong Source: HKSAR Government Press Releases

Chief Executive thanks Mainland and foreign investors for setting up businesses in Hong Kong  Source: HKSAR Government Press Releases

Chief Executive thanks Mainland and foreign investors for setting up businesses in Hong Kong Source: HKSAR Government Press Releases

Chief Executive thanks Mainland and foreign investors for setting up businesses in Hong Kong  Source: HKSAR Government Press Releases

Chief Executive thanks Mainland and foreign investors for setting up businesses in Hong Kong Source: HKSAR Government Press Releases

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