Hong Yip Service Co. Ltd., established in 1967, is a wholly owned subsidiary of New World Development Company Limited, focusing on property and facilities management services. Since its inception, the company has been renowned for its professional property management services, which were formally acquired by New World Development in 1973, further solidifying its leadership position in the industry. Hong Yip Service's scope of business is extensive, managing over 1700 properties including private residences, luxury homes, office buildings, shopping malls, car parks, schools, and sports complexes, showcasing its rich experience and expertise in property and facility management.