Solving the problem of building dilapidation in Hong Kong

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review

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Author(s)

Detail(s)

Original languageEnglish
Pages (from-to)109-120
Journal / PublicationInternational Journal for Housing Science and Its Applications
Volume32
Issue number2
Publication statusPublished - 2008
Externally publishedYes

Abstract

The problems of building dilapidation in Hong Kong are growing rapidly, so building rehabilitation has become a matter of great urgency. To tackle this problem, a maintenance reserve should be established in each multi-ownership building. Yet, difficulties may arise in raising money for such a reserve for many buildings, so this paper proposes to use the concept of transferable development rights to ease the cash flow hitch. Copyright © 2008 IAHS.

Research Area(s)

  • Built environment, Cost modeling, Maintenance