Purpose – This paper seeks to explore the relationship between market positioning and rents of retail facilities in Hong Kong. Design/methodology/approach – Regression analysis is deployed in the paper to find out the impact of various attributes, in terms of a retail facility's physical...

The paper examines how building height is determined in the absence of building height regulatory restrictions. A model is developed for determining optimal height using simple neo-classical economic analysis; this is then tested using empirical data from Hong Kong. The results show that the...

Improvements in transport were commonly found to have a positive effect on the price of housing. As the construction of infrastructure often lasts for years, it is plausible to assume that investors will take expected improvements into consideration when pricing and trading neighbourhood...

Purpose – The purpose of this paper is to develop a hypothesis for evaluating the potential contribution of planning conditions to protect the environment by reducing environmental complaints (ECs) in an institutional context of growing communicative planning and interpret the results of an...

A large, by a factor of ≈103−104, enhancement of Hall effect in cosputtered magnetic granular metals such as (NiFe)x-(SiO2)1−x near the metal-insulator transition has been termed giant Hall effect (GHE). It is associated with a high resistivity which increases slowly with decreasing...

Purpose – To examine how the allocation of property rights in multiple‐ownership buildings in Hong Kong creates an environment in which the optimization of asset value may be difficult to achieve and in this situation how owners chose to overcome the associated problems of collective action...

This paper presents and validates a novel empirical approach for measuring the value of the option to redevelop using a standard hedonic dataset. Our analysis generalizes the standard hedonic model to account for the option value of reconfiguring hedonic characteristics. We test this model with...

In this article, we provide a systematic study on effectively approximating the Gerber–Shiu functions, which is a hardly touched topic in the current literature, by incorporating the recently popular Fourier-cosine method. Fourier-cosine method has been a prevailing numerical method in option...