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Potentials of TDR for Balancing Built Heritage Conservation and Compact Development in Hong Kong

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Proceedings of the 21st International Symposium on Advancement of Construction Management and Real Estate

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Abstract

Increasing world population has continually stressed the need for intensive but sustainable development. Vertical and high density compact development threat the built heritage conservation, especially the privately owned built heritage. Transfer of development rights (TDR) has been provided as one of the economic incentives by Hong Kong government to encourage the private owner to conserve the built heritage. TDR does not prevent new development when realizing the conservation goals. The research aims to analyze the contribution of TDR for built heritage conservation in Hong Kong from the social, economic, and environmental perspective of sustainable development. Then the research evaluated the implementation of TDR in Hong Kong, supplemented by the local interview to identify the difficulties in implementing TDR. The research found TDR is a proper method with great potentials to deal with the conservation of privately owned built heritage in Hong Kong, however, government support, public support and institutional cooperation should be improved in order to serve better for compact development.

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Authors and Affiliations

  1. Department of Urban and Rural planning, Hefei University of Technology, Hefei, China

    Jun Hou

  2. Department of Building and Real Estate, The Hong Kong Polytechnic University, Hung Hom, China

    Edwin H. W. Chan

Authors
  1. Jun Hou
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  2. Edwin H. W. Chan
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Corresponding author

Correspondence to Jun Hou .

Editor information

Editors and Affiliations

  1. Department of Real Estate and Construction, The University of Hong Kong, Hong Kong, Hong Kong

    K. W. Chau

  2. Department of Real Estate and Construction, The University of Hong Kong, Hong Kong, Hong Kong

    Isabelle Y.S. Chan

  3. Department of Real Estate and Construction, The University of Hong Kong, Hong Kong, Hong Kong

    Weisheng Lu

  4. Faculty of Architecture, The University of Hong Kong, Hong Kong, Hong Kong

    Chris Webster

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Hou, J., Chan, E.H.W. (2018). Potentials of TDR for Balancing Built Heritage Conservation and Compact Development in Hong Kong. In: Chau, K., Chan, I., Lu, W., Webster, C. (eds) Proceedings of the 21st International Symposium on Advancement of Construction Management and Real Estate. Springer, Singapore. https://doi.org/10.1007/978-981-10-6190-5_98

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