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The Construction Industry and Surveying Profession (Land Conversion…
The Construction Industry and Surveying Profession
Features of building industry
Low entry barrier
Competition largely on price
High risk
Highly competitive but low return
Success depends on management
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High level of subcontracting
Many Contractors are developers
Labour intensive but inadequate skilled workers
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Few large sophisticated local contractors
Many small contractors on Hong Kong
Difficult to control actions of cutting corners
High level of quality control by government contracts
Construction Industry Council
Surveying profession
Building surveyor
General practice surveyor
Land surveyor
Quantity surveyor
Planning and development surveyor
Property and facility management surveyor
Land Conversion Process
Project inception
Clients
Land acquisition
Feasibility studies
Choice of site
Project finance
Project design and approval
Project management
Project procurement
Construction
Completion
Market and disposal
Management and maintenance,
refurbishment, alterations
and additions
Rebirth/ redevelopment