Abstract | In planning, especially in the metro area, the priority of considerations are often; improvement of space standards, more open spaces, lowering of development densities, etc. Yet, without due consideration to economic viability of redevelopment, the historical evolution of an individual district, legislative constraints on the building bulk, market demands and customers' requirements, ideals would definitely not be properly materialised. The article attempts to explore how metro planning affects property development and in turn the opportunity costs and social costs, and how the trade can contribute to metro planning through input and feedbacks to facilitate its success. |
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