By John Lam Asset Enhancement • Building Law • • • 0 Comments

Senior Citizen Housing display away the stranded podium retail asset

Senior Citizenship house is now calling for de-densitified 

Why the World’s Highest Virus Death Rate Is in Europe’s Capital

Senior Citizen becomes the upset topic of today C -19 prevalence. Many asset managers are looking the way to improve the stranded property for post c-19. GBE noticed the demand for de-densitified the habitation has triggered the call for more Senior Citizenship habitation houses.

In the metropolitan like Hong Kong, the aged population also faces the strong need for sleeping accommodation. The podium floors which are worst hit by declining retails business, is now hot for turning into elderly center. GBE shares with you that the technical constraint in premises for elderly houssuch window provision, headroom, DMC restriction, town planning ,street level entrance for emergency , catering and sanitary provision, supporting facilities, and operation needs. The licensing authority is Social Welfare Department while the law is Residential Care Homes (Elderly Persons) Ordinance.

By samsontam@me.com Asset Enhancement 0 Comments

Electrical Riser Replacement for Chiller System – Commercial Building

Electrical riser replacement is one of the critical repairing items for buildings. Lack of planning and design may lead to serious issues such as power supply failure, equipment failure, and so on.  The Chiller system is one of the important facilities which can affect the owners and tenants during the summer period especially the summer temperature become higher and higher compare to ten years before.  The maintenance schedule may also be affected due to such weather change and shorten the period of time for repairing and maintenance. Therefore, the replacement and repairing works can only be scheduled during December to March. Planning for temporary electricity supply is one of the most critical issues which will affect tenant and daily operation. Weekend and night time will be the best options for such replacement in order to minimize the affection to tenants and owners.  Phase by phase schedule has to be well planned for continuous air conditioning supply is also important to prevent sudden power or equipment failure. Preserve enough time for a test run is also important for preventing any kind of accident in the daytime. Planning and design carefully is always the most important part of project management.

 

 

By John Lam Uncategorized 0 Comments

Technical Consideration to Residential units in UK

Real estate development in UK Great Britain.We have recently received a lot of inquiries regarding the UK residential market. Putting aside valuation and rental income for a moment, there are many technical considerations involved when dealing in the UK residential market. On a high level, the HK and UK residential market can be quite similar, such as residential unit layout, headroom, room size, window provision, bathroom design, and apartment provision. Nevertheless, there are many material differences between the two markets that demand caution. For example, the concept of “area” can be confusing from the various ways it is presented, the concept of “Air Rights” similar to that in New York City, the prevalence of historical external facades that are maintained at the owner’s expense, or lifts that may not reach your floor. One interesting thing is that the elevator may not reach your preferred floor. Also , remember the judge leading the Grenfell Tower Inquiry has ruled that the cladding installed on the tower did not comply with building regulations, finding that the polyethylene-cored panels were the “primary cause” of the rapid spread of flames. It can end your building apartment life immediately

One popular way to get into the market is via pre-sale. While pre-sale activities are increasingly common, there is little to no regulation that governs these activities. Some apartments on the market for sale may not even have “planning permission”. Hence, project delivery risks are often underestimated. Meanwhile, some projects are developed in special districts, such as “Business Regeneration Zone”, which may not be well understood by most potential buyers. Moreover, agency activities involving sales of UK property in Hong Kong may not be regulated under the HK legislative framework. Overseas buyers and investors should tread carefully and with guidance from experts.