BRE 572 Real Estate Development
Individual Term Paper
2025
Assessment Weighting
This term paper carries 50% weighting for the overall assessment of this subject.
• Students can choose Any topics related to real estate development Paper Format
The length of your term paper is strictly limited to not more than 5 pages, single sided, inclusive of all text, figures and tables etc. Separate pages stating the reference materials are permissible. Minimum font size is 12. Page margins must be at least 1” at all sides.
Information on the Paper
Please indicate your name, student number and your programme at the top right-hand corner of the first page. Please state the term paper question number clearly on each page.
Selection of Questions
You Might pick ONE of the following questions: This is only a suggestion and you might choose other topics
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Term Paper Questions and Numbers
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Key Learning
Unit(s)
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1. Gore & Nicholson (1991) have identified different ways to
conceptualize the land development process. Discuss to what
extent their models are useful in characterizing and evaluating the property development process in your city. You may choose one
property type (i.e. either office, housing and industrial development) to illustrate your answer.
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2+
either
8, 9, or 10.
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2. “Development control decisions are outcomes of a mix of technical considerations and political struggle.” Critically evaluate the validity of this statement with reference to the development control system in your city.
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3
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3. Leitner (1994) examines a number of theoretical explanations of
property cycles in his paper. Discuss whether there have been
property cycles in your city and what are the contributing factors.
Critically evaluate, with local examples, the role of property finance in influencing property cycles in your city.
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4
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4. Some researchers argue that property development becomes
increasingly speculative and the requirements of end-users are no longer the prime consideration in property investment decisions. Discuss to what extent you agree with this proposition with reference to the property market in your city.
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4, 5 and 10.
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5. “Globalization of real estate is a myth.” Discuss to what extent you agree with this statement with reference to the property market in your city.
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5
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6. “Open policy and market reform in China Mainland has changed the
relationship between state and market in land development.”
Discuss the validity of this statement in a mainland Chinese city of your selection.
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6
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7. Discuss the institutional arrangements in implementing urban
renewal in your city and explain to what extent Leo and Fenton’s (1990) arguments are valid in your case. Critically evaluate, with local examples, the success and problems of urban regeneration policy in your city.
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7
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8. Discuss the key factors causing office decentralization and dispersal of office buildings, and evaluate their relationship. Explain, update and/or compare Hui and Tse (2004) findings with the office market performance in your city. Explain to what extent De Magalhaes’
(1998) discussions on Sao Paulo are also applicable to the office market in your city.
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9
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9. Discuss the differences between developer’s promotion and self-
promotion of housing development in your city. Drawing reference from overseas experience, discuss their underlying causes and
implications on the housing market in your city.
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9
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10. Identify the major types of industrial property development in your city and explain your classification. Evaluate the validity of the arguments of Adams et al (1993) and Henneberry (1998) in explaining the industrial property development in your city. Discuss to what extent the industrial property stock in your city can support hi-tech and/or high value-added industrial production.
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10
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