This study empirically tests volatility effects on land development options using data on the government's land sales by tender for the period from 1995 to 2018. We find that development land option premiums increase by 6% on average with one standard deviation increase in conditional...

By raising money from a large number of people via the internet, crowdfunding offers the promise of a “democratization of finance”. Recently, the crowdfunding of large-scale urban projects appears to have gained traction as a handful of high-profile real estate and infrastructure projects...

Many metropolitan cities in Asia are planning and implementing extensive investment in mass transit networks and thus are now on the threshold of becoming transit cities or car traffic saturation cities. The promotion of transit-oriented development (TOD) policies will be a key to the...

The paper examines the politics of infrastructure in the post-privatisation era. It shows the tensions between the interests of private investors and the expectations of the citizenry for the assembly of a raft of capital assets that collectively underpin the operation of liveable sustainable...

Do the managerial practices of local leaders matter for cities and their residents? Since the Progressive Era, reformers and scholars alike have theorized that municipal governments would operate more cost-effectively if they were modeled after businesses. But who benefits when city leaders...

If you look today at the skyline of downtowns throughout the Middle East and beyond, the joint-stock corporation has transformed the urban landscape. The corporation makes itself present through the proliferation of its urban mega-projects, including skyscrapers, downtown developments and gated...

The process to introduce the idea of land readjustment to a number of Asian developing countries-mainly sponsored by the Japanese government-has been one of the most significant international collaborations in urban planning in the twentieth century. When such processes succeed, they can replace...

In this article, basing on available studies of public procurement forms of design services in spatial planning, urban planning and architecture, was attested that, with fulfilling high organizational standards, most excellent form is contest. It ensures the choice of studies which in the best...

Many metropolitan cities in Asia are planning and implementing extensive investment in mass transit networks and thus are now on the threshold of becoming transit cities or car traffic saturation cities. The promotion of transit-oriented development (TOD) policies will be a key to the...

In a dynamic market, the city has become a main source of competitiveness, along with financial and economic benefits. Due to the processes of digitalization, a new concept has been developed, namely smart cities. This concept delivers economic and financial potential, not only to cities, but...