Purpose – The purpose of this paper is to examine the feasibility of adopting a market‐based land use model, Transfer of Development Rights (TDR), which is very popular in America and other countries as a positive land use control mechanism for conservation, in an evolving socialist land...

Privatisation of services from the public sector is topical currently mainly because of the potential savings and efficiency to be gained. In the aspect of property management, the Hong Kong Housing Authority owns more than 600,000 units of public housing flats and the requirement for good and...

Purpose – To examine how an incomplete and biased legal/regulatory framework governing the allocation of property rights within a residential community in Hong Kong blocks the natural choice of a market contractual arrangement for the governance of the community as well as the management...

Purpose – This paper aims at examining the emergence of the current structure of the real estate agency businesses in Beijing in the age of information technology. Design/methodology/approach – The study utilises the analytical framework developed under the Grounded Theory model by coding...

Purpose – The purpose of this paper is to understand how design of housing development affects a sense of neighbourhood. Design/methodology/approach – Questionnaire surveys were carried out in two residential communities in Hong Kong with very different design concepts and the results were...

Purpose – This paper sets out to examine the inflation‐hedging ability of housing properties in Shanghai. Design/methodology/approach – This paper examines both the short‐term and long‐term hedging characteristics of Shanghai residential properties against three types of inflation:...

The development of the real estate market in China has been well‐documented, but one of the most interesting, yet chaotic issues in this market has not been fully covered. It is the problems and opportunities arising from the needs for the management of existing properties. Supply of prime...