Abstract: The objective of this paper is to investigate the determinants and structure of public sector rents in Hong Kong. It looks at the trends and patterns of public housing rents over the past 20 years or so. The paper discusses ...

Abstract: Affordability is a dominant and controversial issue in housing policy all over the world. Hong Kong is no exception. In 1987, the government took a notable shift in its housing policy toward a more market-oriented system. ...

Abstract: The objective of this research is to investigate whether a relationship exists between development conditions in government land leases and housing supply and to what extent these development conditions affect Hong Kong’s ...

Abstract: This study aims to develop a new option pricing model within a two-phase real option framework to adjust underestimation due to depreciation in urban redevelopment projects (approximately 70% bias in a 10-year Urban Renewal ...

Abstract: An improved real option pricing model that incorporates the depreciation effect for two-stage redevelopment projects will be demonstrated to estimate the redevelopment project values in a wide range of scenarios. Based on ...

Abstract: As an important intercity commuting approach, the intercity metro line is expected to increase the housing choices of residents in core cities and then change the price difference between property markets in two connected ...

Abstract: The port of Hong Kong is the primary import/export hub for the Pearl River Delta. However, with the exception of Fung, rigorous attempts in forecasting cargo traffic for the port have been lacking. The official forecast ...

Abstract: The relationship between housing characteristics and residential property price is complex to illustrate. To have a better understanding of the housing-price structure, structural or spatial submarkets have been introduced ...

Abstract: The relationship between housing characteristics and residential property price is complex to illustrate. To have a better understanding of the housing-price structure, structural or spatial submarkets have been introduced ...

Abstract: Urban landscapes are important factors that affect housing prices, and significant differences between landscape preferences of various homebuyers may be observed because of the different reasons for purchasing a house ...