Hong Kong’s home prices and rents are expected to continue rising in the second half despite higher mortgage rates and other external factors.
Ricacorp Properties said yesterday that as of last Friday, there were 64,342 deals in the housing market in the first half – an 11-year high – driven by a 27 percent jump in sales in the secondary market to 56,468 units totaling HK$187.6 billion, a 48 percent increase over the previous year.
SOURCE: The Standard – Hong Kong’s First FREE English Newspaper.
As part of the 2007-2011 Strategic Policy of Urban Apartment Developments, five projects are now underway in the city, including Menara Cawang in East Jakarta, City Park in Cengkareng and Kebagusan City in South Jakarta.
The development project came about after the failure of the Indonesian government’s 2003 National Development of One Million Houses program,
SOURCE: The Jakarta Post – Urban development project underway.
LAHORE: Housing societies of the city do not have an environment plan approved by the Environment Protection Agency (EPA) and the agency has not made a law to induce these housing societies to quantify trees on their land to protect the city’s environment, an Environment Protection Department (EPD) official told Daily Times on Sunday.
He said the Defence Housing Authority (DHA), Model Town Society and many other societies did not have any scientific “Land Use Planning” (LUP) under an approved environment plan to ensure a specific number of trees on their land.
Read more @ the SOURCE: Daily Times – Leading News Resource of Pakistan – Housing societies have no environment plans: EPD official.
The Times of India looks at foreign firms in India and talks about
Be it a slum redevelopment project in congested Mumbai or Kolkata’s new museum of modern art, the global imprint on the country’s fast-changing urban landscape is evident. Made in India but designed by a clutch of foreign architects looking to cash in on the country’s real estate boom.
This is true of many developing nations (UAE, China, India, Vietnam, Tanzania,) that when the first major projects such as airports, museums, galleries, opera houses are slated for design and then construction many foreign firms are issued the contracts. And as the article speaks about it has a lot to do with star marketing power but often it has more to do with the experience of designing and building large scale projects and finalising them within a short time frame(eg Olympic, Commonwelath Games Venues).
The author refers to RMJM, Foster and Partners, HOK, who all have experience in large scale projects but also have offices all around the world so they understand what it takes to open a new office in a developing nation and to make it work.
Having international firms design infrastructure, civic and residential projects is not all bad, the country benefits from projects being seen on the world scale an example is the Olympic Stadium (bird’s nest) in Beijing many people have known about this building years in advance of the Olympics. The main benefit to the developing country is that many of these large firms employ local workers and train them in the international standard of design, engineering and detailing which they can then take to a local firm or move on and open their own firm. This is true of many of the major cities in China where over the last 15 years foreign firms have opened offices and worked on large scale projects and local firms have learnt from their successes and failures (in design and business) and now compete quite successfully against foreign firms.
Most of all it is up to local firms, schools and governments to educate the current and future designers of India so that they can compete and win against foreign firms not just from North America and Europe developed Asian countries but their developing neighbors such as China.
SOURCE of Original Article: Times of India – Foreign hands building India – Author: Neelam Raaj
RhinoTerrain SARL today announced the release of RhinoTerrain 1.0 for Rhinoceros 4.0, a plugin for generation and analysis of accurate 3D terrain models for use in Architecture, Survey, Civil Engineering and Landscaping practices plus support for output to 3d printers.
Features include Fast Terrain Creation, True terrain visualisation, Contour Curve Generation and Terrain Importer.
The plug-in is available for purchase now at 695 USD / 695 Euros
SOURCE: Rhino Press Release