By Cindy Kwok Real Estate • • 0 Comments

Know More about Timber Formworks

Timber formworks is the most common for concreting. In general specification of government Edition 2017 GS 2017-02, section 6 emphasizes the formworks requirements. Seldom is discussed the requirement for basic component of formworks and how it affects the construction quality.

The stratum, the propping, falsework, crossing bracing, head tree, purlin/runner and plywood soffit are all critical components to affect the formworks stability, concrete quality, the finishes level and the subsequent follow up works.

 

Credit:

Drawing extracted from R.Chudley 2nd Ed Building Construction Handbook.

Photo : Construction Project under GBE inspection.

By Cindy Kwok Asset Enhancement • Real Estate • • • 0 Comments

Floor Plate Subdivision in Hong Kong Part 1

As a consequence of the market segment happens across the rental market, the demand to some room size is highly concentrated. It makes the landlord to consider the floor plate subdivision for better yield income.

Unfortunately, some essential technical consideration such as DMC restriction, window, provision, HVAC, fire safety code etc are not given strong attention. This ends with the inferior and un-friendly layer. More story to tell from GBE later.

 

By Cindy Kwok Market Insight • Real Estate • • 0 Comments

Insight from Bloomberg – Fed Warns of Significant Hit to Asset Prices If Crisis Grows

GBE agrees very much this headline from Bloomberg. It comes to our attention some institutions have been carrying out silently “de risking” or “de leveraging” in their already heavy-loaded asset portfolio taking the advance that the real estate market out-looks apparently look relatively stable than other investment

 

Credit:

https://www.bloomberg.com/news/articles/2020-05-15/fed-warns-of-significant-hit-to-asset-prices-if-pandemic-grows

By Cindy Kwok Market Insight • • 0 Comments

Insight form Mckinsey

A good insight articles about “reaction called for PE portfolio manager” published Mckinsey. The author stressed again the digital and growth initiative fund approach. GBE believes it is to create a product which the real estate and digital are mutually benefit.

 

Credit:

https://www.mckinsey.com/industries/private-equity-and-principal-investors/our-insights/how-private-equity-operating-groups-are-taking-on-the-challenge-of-the-coronavirus?cid=soc-app

 

By Cindy Kwok Asset Enhancement • Real Estate • • • • 0 Comments

Floor Plate Subdivision in Hong Kong Part 2

Subdivided Units are a ubiquitous type of rental housing in Hong Kong. Landlord always make an arduous effort on bedroom designs but disdain other technical issues. Therefore, some essential technical consideration such as ‘Black Toilet’ emerged.
Typically, it can be tackled by BA16 modification. Have you ever thought about Minor Works?

 

By Cindy Kwok Real Estate • • 0 Comments

Water Seepage Inspection

The water seepage has always been the most panic issue for owners and tenants. The chemical injection has been suggested if the repairing area is limited and no waterproofing membrane can be applied from an exterior wall or above the flooring. After the first chemical injection which the water seepage can happen to other weaken points. Close-up monitoring is necessary for a second or third time. The clients should consider a one-stop solution from inspection to rectification to solve the water seepage issue.

 

By Cindy Kwok Building Law • • • 0 Comments

Macau Land Law No. 10/2013

In 2015, the Macau government has announced one of the most influential amendment to the land law no 10/2013 . It expressly empowers the government to forfeiture/terminate/revoke of land tenure if there was no development being executed as per the land contract. This becomes very alarming for property investor.

The law permits some excuses for the landlord if they can show the reasons why tenure non-fulfillment persists. Engineering technical reasons are usually considered acceptable if it is convincing.

In 2020, the post-pandemic has caused many asset be evaluated and be available for sale. Property investor must pay enough attention for the effective tenure legitimacy.

 

By Cindy Kwok Design • • • 0 Comments

Conceptual Design for Shanghai Exhibition from Our Partner KPDO

Glad that we can submit the design & management proposal for the exhibition in Shanghai. The artistic design from KPDO has expressed the theme of 4 seasons, idea of regeneration, reborn and recycle.

Adopting the vertical blind creates both visual effect from different perspective, it also provides the good sound barrier for privacy.

By samsontam@me.com Market Insight • • • • 0 Comments

Larry Fink Sees More Remote Work Hampering Commercial Real Estate

GBE <> Remote Working space
It becomes very obvious the future office works will be displaced by the home-office , block-chain, cloud storage and app, 5G connectivity. The commercial floor space needs to evolve into the screen-based environment to pull the workforce back together.

https://www.bloomberg.com/news/articles/2020-04-23/fink-sees-more-remote-work-hampering-commercial-real-estate?fbclid=IwAR03m8WCLnAFfbxpGFCWHFQaiyap0lqOeHMz8MXxilyGdUQBod1PyhFvxgY

Thank to Bloomberg.com