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Adams, D and Hastings, E M (2000) Making urban renewal pay: the Hong Kong experience. Journal of Financial Management of Property and Construction, 5(01), 79–84.

  • Type: Journal Article
  • Keywords: Hong Kong; land policy; public-private development partnerships; urban renewal
  • ISBN/ISSN: 1366-4387
  • URL: http://www.emeraldinsight.com/journals.htm?issn=1366-4387
  • Abstract:
    This paper evaluates the initial operations of the Land Development Corporation, established by the Hong Kong Government in 1988 to undertake, encourage, promote and facilitate urban renewal. It demonstrates how, in the absence of significant public funding, the Corporation had to rely on innovative forms of partnership with leading private-sector developers. The LDC's initial activities were thus concentrated on projects likely to produce the highest financial return rather than necessarily contribute most to urban renewal. The paper suggests more extensive urban renewal in Hong Kong may be hard to achieve without acceptance that such activities cannot be always financially viable.

Bollen, R (2000) Applying quantitative techniques to evaluate residential development profitability. Journal of Financial Management of Property and Construction, 5(01), 51–64.

Deakin, M (2000) The development of property asset management: towards a pro-investment form. Journal of Financial Management of Property and Construction, 5(01), 15–31.

Edwards, D J and Holt, G D (2000) Quantifying the cost of plant operators' productivity. Journal of Financial Management of Property and Construction, 5(01), 85–92.

Fortune, C and Birnie, J (2000) Money illusions and the judgements of professional quanitity surveyors. Journal of Financial Management of Property and Construction, 5(01), 41–50.

Kishk, M and Al-Hajj, A (2000) A fuzzy model and algorithm to handle subjectivity in life cycle costing based decision-making. Journal of Financial Management of Property and Construction, 5(01), 93–104.

Ojo, S O, Adeyemi, O Y and Ikpo, I J (2000) Effects of procurement methods on clients objectives of time and cost in the Nigerian construction industry. Journal of Financial Management of Property and Construction, 5(01), 105–8.

Swaffield, L M and Pasquire, C L (2000) Improving early cost advice for mechanical and electrical services by considering functions and client/design team communication. Journal of Financial Management of Property and Construction, 5(01), 3–13.

Tanratanawong, S and Scott, S (2000) A neural network model to forecast national construction output. Journal of Financial Management of Property and Construction, 5(01), 65–77.

Tse, R Y C (2000) A study of housing and real estate markets in Macau. Journal of Financial Management of Property and Construction, 5(01), 33–40.