Research Article

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

Table 9

Analysis on the shortfall of benefit and output of Macau urban renewal site selection.

ā€‰ItemFuning BuildingHyde BuildingMing Hing BuildingJu Fu Garden

Slack variable S+ analysisHouse price after renovation (average psf/10,000 mop)0000.911
Retrofit time0000
Building area after renovation (m2)0002144.48
Proportion of public service area0000.571
Summary0002145.962

Underproduction rateHouse price after renovation (average psf/10,000 mop)0001.719
Retrofit time0000
Building area after renovation (m2)0002.847
Proportion of public service area0000.151

Source: made by the author.