Definition And Concepts In Building Refurbishment Construction Essay


This essay has been submitted by a student. This is not an example of the work written by our professional essay writers.

Although building cannot have an infinite economic life, it is widely acknowledged that the process of fabric and structural decline can be slowed down by routine maintenance programs. Occasionally, a shortsighted slumlord will direct a property manager to operate a property to get the maximum returns in term of rental. This usually occurs when an owner refuses to make any repairs except those necessary to keep the property operating. This type of owner treats building as an operating asset in state of an investment. Nowadays, this kind of situation is getting lesser and lesser cause more and more office building is being held as investment by public listed company of good reputation. This is true especially for building acquired and maintained by REITs company as the property portfolio.

Nowadays, more building owners treat their property as an investment. This is especially true when they engage the service of a property manager. In this situation, property is being exploited by achieving the best return on capital possible and generates productivity from occupier. At the same time, the property will also be well managed in order to add capital appreciation to the property. Failure to maintain the property regularly can impair the structural integrity of the fabric, accelerating the decline in investment returns until the point where refurbishment options need to be considered (John R. Mansfield, 2000).

Technically, refurbishment is the process of making as good as new, including essential modernization and renovations. But, Quah suggests that “refurbishmentâ€Â has become a generic, interchangeable term, apparently distinguishable from other specialist activities. Therefore, a clear definition of refurbishment is being quoted from other researchers to clear the doubts.

Egbu (1996) considers “refurbishmentâ€Â to encompass rehabilitation, alteration, adaption, extension, improvement, modernization and repair work carried out to an existing building to permit it reuse for various specific reasons. This definition tells the main reasons of refurbishment, which is to make sure a building is able to operate continuously, and offer better services that suit the demand of the tenants.

Normally owners have different perspective when it comes to decide whether to refurbish or redevelop their office building. There are also no rules in the decision-making for refurbishment or redevelopment of office building. But, Reginald Lee from university of Reading has formulated three important issues when it comes to the stage when decision is required.

The existing condition of the building needs to be surveyed. If the structural was sound, refurbishment might be considered. If it was very dilapidated, demolition and redevelopment mould probably be the only realistic course of action. This might occur where the structure has been allowed to deteriorate over a no of years, beyond useful refurbishment.

The third issue concerning desirable level of refurbishment cannot be considered in isolation. As construction resource is limited and required a large amount of capital, a correct decision is important. Refurbishment by arresting decay extends the physical life of a building, thereby delays and defers expenditure on redevelopment to a large extend this will depend upon the degree to which it is possible to modify the internal layout to accommodate changing tenants requirements there is thus a relationship between the adaptability of the design, building life, maintenance costs and new construction cost.

Older building do not make the best possible use of space for modern-day use. Normally in Malaysia, a design efficiency of 75% is considered the desirable norm of an office building. New high rise building aim to have a design efficiency of above 75% whereas buildings constructed between 1920 and 1970 have at best 60% to 70% efficiency. In order to adapt a building for today processes, refurbishment may become so intensive to make redevelopment a better alternative. Better use of space can often be achieved by a completely new design. If the existing space available is insufficient, the possibility of extending the premises may be considered. If space around the site does not permit this approach, some form of redevelopment may become essential. Te efficiency ratio (net let table area divided by gross floor area) of older buildings. A well conceived building today can have an efficiency ratio of about 80%

If building cost is expected to rise drastically in the future, it is better not to postponed the decision for redevelopment by choosing refurbishment. The expected rise in building cost will have an effect on the decision

Writing Services

Essay Writing

Find out how the very best essay writing service can help you accomplish more and achieve higher marks today.

Assignment Writing Service

From complicated assignments to tricky tasks, our experts can tackle virtually any question thrown at them.

Dissertation Writing Service

A dissertation (also known as a thesis or research project) is probably the most important piece of work for any student! From full dissertations to individual chapters, we’re on hand to support you.

Coursework Writing Service

Our expert qualified writers can help you get your coursework right first time, every time.

Dissertation Proposal Service

The first step to completing a dissertation is to create a proposal that talks about what you wish to do. Our experts can design suitable methodologies - perfect to help you get started with a dissertation.

Report Writing

Reports for any audience. Perfectly structured, professionally written, and tailored to suit your exact requirements.

Essay Skeleton Answer Service

If you’re just looking for some help to get started on an essay, our outline service provides you with a perfect essay plan.

Marking & Proofreading Service

Not sure if your work is hitting the mark? Struggling to get feedback from your lecturer? Our premium marking service was created just for you - get the feedback you deserve now.

Exam Revision

Exams can be one of the most stressful experiences you’ll ever have! Revision is key, and we’re here to help. With custom created revision notes and exam answers, you’ll never feel underprepared again.