Research Article

Evaluation on Site Selection of Urban Renewal Projects from the Perspective of Space Benefit: Macau Special Administrative Region as an Example

Table 2

Macau urban renewal methods.

LeadingFolk-ledGovernment-led

OrganizeHomeowners’ association and neighborhood federationUrban renewal council
Sources of fundsCrowdfundingCompany investment“Company + government + residents” joint investment
RepresentMing Hing Building, Ju Fu GardenNew Funing, Hyde BuildingYouhan seventh floor group
FeaturesEasy ownership, obvious benefits, and small scaleComplex ownership, insufficient funds, and large scale
StateFinishFinishProcessing

Source: made by the author.