Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/150019
Title: REFURBISHMENT VS REDEVELOPMENT
Authors: MUJTABA MOHAMMAD SHARIQ
Keywords: Refurbishment
Redevelopment
Project Management
Refurbishment and Redevelopment Economics
Issue Date: 1990
Citation: MUJTABA MOHAMMAD SHARIQ (1990). REFURBISHMENT VS REDEVELOPMENT. ScholarBank@NUS Repository.
Abstract: The 'demolish and develop' syndrome of the 60's, 70's and early 80's is over. More buildings which have utilised the maximum permissible plot-ratio are reaching maturity. There is a nation-wide need for refurbishment to arrest the deterioration and obsolescence of such buildings. Nevertheless a project manager must still consider the other renewal option available, i.e. redevelopment. The dissertation tries to arrive at an economic model for office buildings to serve as a guideline for project managers on the maximum limit of expenditure on refurbishment work for it to be an economic proposition. It first considers the various factors influencing the decision to refurbish before deriving a comparative economic model for redevelopment and refurbishment. Case studies are taken to test the economic model. Next it reports on the project management aspects of refurbishment works in Singapore through the study of cases, literature, and published information supplemented with a field survey comprising discussion and interviews with the various building professionals, in the industry. It concludes that an economic model incorporating the various factors affecting the decision can be very useful for developers and project managers when faced with a decision to select from the two options of redevelopment and refurbishment for urban renewal
URI: http://scholarbank.nus.edu.sg/handle/10635/150019
Appears in Collections:Master's Theses (Restricted)

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