Mahkota Madani Residence

Total Page:16

File Type:pdf, Size:1020Kb

Mahkota Madani Residence Mahkota Madani Residence COMMERCIAL BANTEN, HOUSING INDONESIA EthisCrowd.com is an award-winning Property Islamic Crowdfunding platform. The EthisCrowd community invests directly into social impact property and infrastructure projects. Our community includes crowdfunders investing in smaller amounts, larger investors in our Lead Investor Program (register at this link) and Islamic Banks and Institutions from around the world. Ethis is headquartered in Singapore, with offices in Jakarta, Kuala Lumpur, and Dubai. Our focus is Indonesia - a hotspot for international investors. Here are details of the Mahkota Madani Residence Campaign. 04 08 14 24 About Ethis Introduction Executive Project Group to Indonesia Summary Partners 29 32 36 38 Market Risk Profile Legality Investment Overview Structure & Exit Strategy collaterals 4 5 Umar Munshi Maritz Mansor Founder, Ethis Group COO, Ethis Group CEO, EthisCrowd Chief Investment Officer Chairman, IFT Alliance Datuk Radzif Yunus Ronald Wijaya Abdul Majed Ahmad Chairman, Ethis Group Founder, Ethis Group Product Manager Former MD SME Bank CEO, Ethis Indonesia EthisCrowd, (Malaysia) Advisor, Kapital Boost Entrepreneur and former Indonesia Ethis’ due diligence and structuring 6 Shariah Advisors Shariah Consultant Yousuf Sultan Certified Shariah Advisor & Auditor (CSAA, AAOIFI, Bahrain) CIFE (Ethica, Dubai) PhD Candidate (INCEIF, Malaysia) Certified Mufti (Jamia Shariyyah, Bangladesh) 7 With a population of 262 Million, Indonesia is one of the fastest growing countries in the world. The YoY GDP growth is 5.2%. This puts the country in top 3 positions amongst the G20 countries and above major developed countries such as the United States and many European countries. Source: OECD statistic 2018 Growth of real gross domestic product (GDP) in the G20 in 3rd quarter 2018 The growth in GDP is followed by growth in various sectors, including property development. The soaring residential property index indicates high demand with low supply. https://www.statista.com/statistics/278735/gross-domestic-product-gdp-growth-in-the-g20-states/ Indonesia Housing Price Index The index increased to 208.22 points in the first quarter of 2019 from 207.35 points in the fourth quarter of 2018. It averaged 160.87 index points from 2006 to 2019, reaching an all-time high of 208.22 points in the first quarter of 2019. Tradingeconomics.com 13 Introduction Indonesia continues to grow strongly, projected to be the 5th largest economy in the world by 2030. Huge investment is required to fulfil the needs of its large and emerging lower-income population. There is a critical shortage of 11.4 million houses, a need that needs to be addressed urgently. The project developer is pleased to offer you the opportunity to invest directly in the Mahkota Madani Residence, in Tangerang City, Banten. This housing estate will provide homes for 16 Families and benefiting from the attractive location in term in property value gain. 14 To provide funds to PT Barokah Bangun Sejahtera for the construction of 4 (out of 16) housing units in the Mahkota Madani commercial housing estate Istisna’: A contract of sale of specified items to be manufactured or constructed. Payments are made in stages based on agreed milestones. The completed unit is handed over to Ethis upon completion. Murabahah: A sale transaction in which the seller expressly discloses the profit margin. Wakalah Letter: A letter to appoint an agent to carry out specific duties or projects. SGD 259,747 12% Retail 8-9 months 3-4 months (USD 187,164) 13% Lead (Construction) (Sale and payout) Ethiscrowd will charge 12.5% of the gross projected returns as a Wakalah Fee (Agency Fee). For further details, please refer to the Principal Wakalah Agreement. Tangerang city, Banten, is the growing regency which located 18 KM from the main city of Jakarta. Kota Tangerang, Banten Total population: 2, 139,891People as spillover from Jakarta, favourite place to live. ● GDP Growth 5.91% - ● No. of Schools: ● No. of Health facilities : above National level 5.2 % 473 Elementary school More tha 100 Public health 196 Junior high school centre 220 Senior high school 28 Hospitals 18 The Project Mahkota Madani Residence is located in Larangan, Kota Tangerang, Banten. It is classified as a commercial housing unit for medium to high income household in Indonesia. The development is consisted of 16 units with a total area of 2,019 Sqm. Out of 16 units, 4 units have already been booked by potential buyers. PT Barokah Bangun Sejahtera (PT BBS) has started the land and foundation development of the 4 units. Ethis investors’ involvement in this project is limited to the construction of the 4 booked housing units. The project developer targets to complete the construction of these units in 8-9 months. Sales and payment processing for payouts is expected to take an additional 3 to 4 months. As of early August 2019, the process of land development and levelling has been ongoing. The foundation for 4 housing units have also started. The targeted buyer group is generally medium to high income household. Government employees and private institution workers who commute daily to and from Jakarta are potential buyers of the units in Mahkota Madani Residence. This is due to the short distance to the highway and the capital city. Southeast Asia’s largest economy and one of the most stable emerging markets in the world. Opportunity to invest in a sector with large and growing natural demand. Long term prospects are good with significant future growth expected. PT Barokah Bangun Sejahtera has several years of experience in the development of medium to high end housing complexes and offices. While catering for social needs, investors are entitled to a healthy projected returns in 1 year. This project will provide 16 medium to high income families with new houses. A strategic location with fast-growing population in Banten, Indonesia. 4 booked units by potential end buyers. The units in the project will be collateralised to the investors in the project. A reputable property developer.. PT Ethis Modal Indonesia (PT EMI) PT EMI is a licensed real estate developer, contractor and agency in Indonesia with an authorised capital of IDR 15b (appx USD 1.1 m). PT EMI acts as the representative for the investors to safeguard investors’ interest in this project. PT EMI will be monitoring and tracking the project and providing reports to investors on the utilisation of the funds until the project is successfully completed. The presence of EMI is essential in this project in order to execute foreign investment in Indonesia. Husni Muhammad Badjamal CEO, PT Ethis Modal Indonesia Mohammad Hafiz Mr Mohammad Hafiz has 10 years experience from private institution companies in Indonesia as a marketing manager and Human resource management. Mr Hafiz last experience was at PT Riau Andalan Paper & Pulp (Paper one) one of the biggest paper company in Indonesia. Mr Hafiz then starting PT BBS in 2017 and since then the company has executed 5 project including renovation of public hospital and residence development Azis Wira Andhika Arjoso Mr Azis Wira Andhika Arjoso is the commissioner and shareholder of PT BBS, with experience in business operation Mr Azis task mainly to oversee the management of PT BBS. Mr Azis has been with PT BBS since its inception and managed to supervise the 5 projects of PT BBS. PT. BAROKAH BANGUN SEJAHTERA (PT BBS) Established in 2017, PT BBS is a property development company focusing on residency development, commercial property renovation, and supply of construction equipments to property development companies. TRACK RECORD 2017 2017 2017 2018 RSI Residence Cijantung Pesona Damai Jatisari Residence Kranggan Renovation of Atma Jaya development Residence, Bekasi development. Hospital, Pluit, Jakarta GDV: SGD 350,000 GDV: SGD 180,000 SGD 150,000 SGD 69,000 Government Spending on Infrastructure (IDR trn) The world’s fourth largest population, Increase Indonesia has high demand and a of IDR 29.5 trn massive shortage of houses. Increase of This housing crisis affects approximately IDR 27.1 trn 11.8 million Indonesians who do not have homes till today. Source: PWC, Indonesian Infrastructure Stable foundations for growth, 2016 To cope with this housing shortage, the Shift on State Budget Allocation, 2011-2017 (Rp trillion) Indonesian government launched the One Million Homes programme in 2015. This programme targets to reduce the housing shortage from 11.4 million to 6.9 million homes. Housing falls here Note: 2016 and 2017 figures are based on projections Source: Ministry of Finance Source: PWC, Indonesian Infrastructure Stable foundations for growth, 2016 Source: Setkab.go.id Sale of Units The price of units is projected to be IDR 1.1Bl (SGD 108,024). Housing units in this price range are considered as commercial. This makes the opportunity to buy accessible to medium and high income household. The units are easily marketable due to strategic location of the project. The main risk of this project is delays in the processing and sale of the units to the end buyers. Mitigation strategy PT Barokah Bangun Sejahtera (PT BBS) has secured 4 ready buyers. Ethis team has verified the booking of the four units. These units will also be collateralized to the investors in the project as a protection to their initial investment capital. The project developer has provided the following as collateral: ❖ PPJB - Conditional Sale and Purchase certificate of the 4 housing units ❖ Post dated cheque with a total value of the crowdfunded amount ❖ Personal guarantee from the director of CEO of PT Barokah Bangun Sejahtera ❖ Land of the project Before disbursing the funds received from the investors in the project to the project developer, the ownership of the units in Mahkota Madani Resident housing project will be transferred to PT EMI using "PPJB". PT EMI will hold on to the PPJB certificates on behalf of EthisCrowd investors until the units are sold.
Recommended publications
  • Essays on Real Estate Perspective Concerning the Socially Deprived
    Organizational and Economic Aspects of Housing Management in Deprived Areas Gunnar Blomé Stockholm 2011 Building and Real Estate Economics Department of Real Estate and Construction Management School of Architecture and the Built Environment Royal Institute of Technology (KTH) 1 © Gunnar Blomé 2011 Royal Institute of Technology (KTH) Building and Real Estate Economics Department of Real Estate and Construction Management School of Architecture and the Built Environment SE – 100 44 Stockholm Printed by E-print Stockholm ISBN nr: 978-91-85783-19-9 TRITA-FOB-PHD-2011:4 2 Abstract This dissertation consists of five papers with different objectives. The overall objective is to improve knowledge of effective policies regarding socially deprived large housing estates. All studies deal with the real estate context from a housing company decision-making perspective. The first two papers focus on organisational issues and the following three papers deal with economic issues related to the development of a specific housing area. The research is based on case studies which involve specific methodologies such as interviews, direct observation and collecting data from company accounts. The main message of this thesis is that landlord policies and resources spent on operation and maintenance contribute to local area development. It is also underlined that there is a need for a paradigm shift in Swedish housing, since the regulatory framework appeared to be inadequate. The experience from this study shows that many problems can be solved within the existing laws and through efficient customised property management, but landlords need more effective incentives to improve their policies further. The first two papers address issues about how to organise local management resources in large housing estates.
    [Show full text]
  • Creating Community and Belonging in a Designated Housing Estate for Disabled People
    Social Inclusion (ISSN: 2183–2803) 2020, Volume 8, Issue 3, Pages 66–76 DOI: 10.17645/si.v8i3.2806 Article Creating Community and Belonging in a Designated Housing Estate for Disabled People Liz Ellis *, Sarah-Anne Muñoz, Katia Narzisi, Sara Bradley and Jenny Hall Division of Rural Health and Wellbeing, University of the Highlands and Islands, Inverness, IV2 3JH, Scotland; E-Mail: liz.ellis@uhi.ac.uk (L.E.), sarah-anne.munoz@uhi.ac.uk (S-A.M.), katia.narzisi@uhi.ac.uk (K.N.), sara.bradley@uhi.ac.uk (S.B.), jenny.hall@uhi.ac.uk (J.H.) * Corresponding author Submitted: 15 January 2020 | Accepted: 21 April 2020 | Published: 31 July 2020 Abstract In recent years there has been an ideological push within social care away from segregated housing provision towards supported housing integrated within the wider community (McConkey, Keogh, Bunting, Iriarte, & Watson, 2016; Merrells, Buchanan, & Waters, 2019; Overmars-Marx, Thomése, Verdonschot, & Meininger, 2014). Despite this, many housing so- lutions for older and disabled people continue to be built on a designated basis, with physical and emotional wellbeing outcomes being both contested and mixed. After reviewing key policy relating to social care housing alongside some of the theoretical and ideological positions, this article explores the social and emotional outcomes of a diverse group of disabled people living with mental health difficulties, physical and intellectual impairments, illnesses and age-related conditions, who moved into a small, purpose-built estate of smart homes. Drawing primarily on qualitative data collected from ten- ants prior to moving and again seven months following relocation, the impact of moving into the estate on tenants’ sense of wellbeing and feelings of inclusion will be analysed and discussed in relation to efforts to build a new community.
    [Show full text]
  • The Regeneration of Large-Scale Social Housing Estates
    The regeneration of large-scale Social Housing estates Spatial, territorial, institutional and planning dimensions © 2020, Brussels, SoHoLab Please do not distribute without the permission of the authors. First Version: 27/06/2018, Final Version: 21/03/20 ISBN 9789464007190 D/2020/SoHoLab, uitgever All rights reserved. No part of this report may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, without the prior persmission of the publisher. This document was produced the SoHoLab research team consisting of Architecture Urbanisme Société: Savoirs Enseignment Recherche (AUSser CNRS 3329); Department of Architecture and Urban Studies, Politecnico di Milano (PoliMi, DAStU); and Cosmopolis, Vrije Universiteit Brussel (VUB). The project has recieved funding from the European Union’s Horizon 2020 research and innovation programme, Agence National de la Recherche (ANR, France), Innvoris (Brussels, Belgium), Ministero dell’Istruzione dell’Università é della Ricerca (MIUR, Italy) under grant agreement No 693443. Refer to this report as: Aernouts, N., Maranghi, E. & Ryckewaert, M. (Eds.) (2020). The regeneration of large-scale Social Housing estates. Spatial, territorial, institutional and planning dimensions, Brussels: Soholab, 191 p. For more information: www.soholab.org Research team: Regional partners: Local partners: European and regional co-financing: The regeneration of large-scale Social Housing estates Spatial, territorial, institutional and planning dimensions Nele Aernouts, Elena Maranghi and Michael Ryckewaert (Editors) This report is dedicated to the memory of Andrei Feraru whose invaluable contribution to this project ended too soon. About | 7 About Already since the 1970s, internationally, the regeneration of large- scale modernist social housing estates has been on the research and policy agenda.
    [Show full text]
  • Density, Distribution & Cost
    Density, tion&Costi l I I I I I I I l I l I '-{.{*n*G ; I i' i ,1 r' r- F DENSTTY, DISTRIBUTION AND COSTS HOUSING STUDY ) Sponsored by the .Centre for Urban and Community Studies,t University, of foronto Funded by Ltre eentral Mortgage and Housing Corporation, Ottawa PRINCIPAL INVESTIGATOR : A. J. Diamond RESEARCH ASSOCIATES: John Bizzell Robert van Spyk CONSULTANT: Dr. W. Michelson RESEARCH TEAIVI: Terry Cecil Peter Turner Maldwyn Williams r April I970 r t_ \ TABLE OF CONTENTS CHAPTER PAGE 1 Introduction 1 2 Occupant Characteristics 16 3 Dwelling 23 4 Exterior Space 30 5 Circulation 45 6 Public Safety 59 7 Built Forrn 63 I Zoning 86 9 Field Analysis 101 10 Costs 110 1T Demonstrat.ion 152 Appendix A: Analytical Sampling l--43 Appendix B: Space as A Variable in Sociological Inquiry 1- 35 Appendix C: Household Activity Analysis 1-10 I Appendix D: Housing Issues r-7 Appendix E: Bibliography 1-8 i l_ "/ \ ] Introduction 1 J l I ) 1 INTRODUCTlON The reasons for undertaking this research may be simply stated: at present the predominant forms of housing built are at two ends of the density scale either very low or very high. Further, the small amount of housing which attempts to fill the middle ground does not satisfy the needs of occupants in general, and low income family urban dwellers in particular. Thus our attempts have been to investigate whether the characteristics of the highly favoured single family dwelling could be incorporated into housing forms in the middle range of densities.
    [Show full text]
  • Regulating Marginality: How the Media Characterises a Maligned Housing Option
    International Journal of Housing Policy ISSN: 1949-1247 (Print) 1949-1255 (Online) Journal homepage: http://www.tandfonline.com/loi/reuj20 Regulating marginality: how the media characterises a maligned housing option Jill L. Grant, Janelle Derksen & Howard Ramos To cite this article: Jill L. Grant, Janelle Derksen & Howard Ramos (2018): Regulating marginality: how the media characterises a maligned housing option, International Journal of Housing Policy, DOI: 10.1080/19491247.2018.1436848 To link to this article: https://doi.org/10.1080/19491247.2018.1436848 Published online: 26 Feb 2018. Submit your article to this journal Article views: 21 View related articles View Crossmark data Full Terms & Conditions of access and use can be found at http://www.tandfonline.com/action/journalInformation?journalCode=reuj20 INTERNATIONAL JOURNAL OF HOUSING POLICY, 2018 https://doi.org/10.1080/19491247.2018.1436848 Regulating marginality: how the media characterises a maligned housing option Jill L. Grant a, Janelle Derksen a and Howard Ramosb aSchool of Planning, Dalhousie University, Halifax, Canada; bDepartment of Sociology and Social Anthropology, Dalhousie University, Halifax, Canada ABSTRACT Communities often stigmatise forms of housing targeting low-income tenants. This paper examines how media sources characterise one such form: rooming houses that provide multiple, low-cost, single-room accommodations in structures with shared bathrooms and/or kitchens. By analysing newspaper and online media coverage in Halifax, Canada, we illustrate the way the media describe the rooming house as a risky structure and its occupants as dangerous and marginalised persons requiring surveillance and regulation. Media coverage can play an important role in creating the social context within which local government fashions planning and housing policy interventions to control the size, location, and operation of unpopular housing options.
    [Show full text]
  • Project Description
    General Plan Update Section 3.0 Project Description 3.0 PROJECT DESCRIPTION 3.1 ENVIRONMENTAL LOCATION AND SETTING The City of Murrieta is located in southeastern Riverside County, and is comprised of 26,852 acres (41.96 square miles) of which 21,511 acres (33.61 square miles) is located within the City limits and 5,341 acres (8.34 square miles) is located within the City’s Sphere of Influence. Surrounding cities include Menifee to the north, Temecula to the south and east, Wildomar to the west, and unincorporated Riverside County to the north, south, and east. The San Diego County border is just south of Temecula, and Orange County lies on the other side of the Santa Ana Mountains to the west. Regional access to the City is provided by the Interstates 15 and 215; refer to Exhibit 3-1, Regional Location Map. 3.2 BACKGROUND The City’s existing General Plan (1994, 2006 amendments) consists of the following eight State mandated and optional elements: Land Use Housing Circulation Conservation and Open Space Safety Noise Air Quality Economic Development Murrieta has changed significantly since its first General Plan was adopted in 1994. Subsequent updates to the Land Use Element, Circulation, and Economic Development Elements were completed in 2006. The national recession and pause in development pressure has provided an opportunity to realign City policy to prepare for the next period of growth. In 2009, the City of Murrieta initiated a comprehensive update of the General Plan. ECONOMIC DEVELOPMENT FOUNDATION FOR GENERAL PLAN UPDATE Prior to commencing the comprehensive update to the City’s General Plan, the City Council undertook a number of steps that lead to Council’s determination that economic development is the City’s number one priority and how that priority would serve as the foundation for the General Plan Update.
    [Show full text]
  • Housing Preferences of Middle Income Tenant Households in Umoja Estate, Nairobi, Kenya
    HOUSING PREFERENCES OF MIDDLE INCOME TENANT HOUSEHOLDS IN UMOJA ESTATE, NAIROBI, KENYA Prepared for HOUSING DEVELOPMENT DEPARTMENT NAIROBI CITY COUNCIL with assistance from AGENCY FOR INTERNATIONAL DEVELOPMENT by Marja C. Hoek-Smit Consultant NATIONAL SAVINGS AND LOAN LEAGUE January 1983 Opinions expressed in this report are those of the author and do not necessarily reflect those of the HDD, USAID or NSLL. TABLE OF CONTENTS Page Acknowledgements j List of Tables ii Summary and Conclusions iii I. INTRODUC TbON 1 A. Ba'kground 1 B. Method 3 II. THE SURVEY POPULATION 5 A. Introduction B. Density and Occupancy Patterns 5 C. Household Structure 9 III. INCOME STRUCTURE AND HOUSING EXPENDITURE PATTERNS 12 A. Introduction 12 B. Sources of Income of the Head Household 12 C. Contributions to Other Household Members 16 D. Housing Expenditure Patterns 17 E. Savings and Other Assets 20 IV. HOUSING PREFERENCES 23 A. Introduction 23 B. House Type 24 C. Space Requirements 26 D. Other Design Aspects 28 V. PREFERENCES CONCERNING NEIGHBORHOOD FEATURES 34 A. Introduction 34 B. Environmental Quality 34 C. Locational Aspects 34 D. Community Facilities 37 E. Preferred Area Within Nairobi 38 APPENDIX Interview form ACKNOWLEDGEMENT This study was a cooperative effort between the Community Development Staff of the Housing Development Department of the Nairobi City Council and the Agency for International Development. Mrs. W. Gathirwa of the HDD organised and coordinated the fieldwork, with the assistance of Mr. James Khaminwa. Valuable advice and guidance was given by Mr. Gilbert Njau, Director of the HDD, Mrs. M. Muthuku, head of the Community Development Section of the HDD, and Mr.
    [Show full text]
  • Privatising Management Services in Subsidised Housing in Hong Kong
    The research register for this journal is available at The current issue and full text archive of this journal is available at http://www.mcbup.com/research_registers http://www.emerald-library.com/ft Privatising Privatising management management services in subsidised housing services in Hong Kong Ling Hin Li and Amy Siu 37 Department of Real Estate and Construction, The University of Received August 1998 Hong Kong, Hong Kong, China Revised June 2000 Keywords Tenant, Property management, Housing, Privatization, Hong Kong Abstract Privatisation of services from the public sector is topical currently mainly because of the potential savings and efficiency to be gained. In the aspect of property management, the Hong Kong Housing Authority owns more than 600,000 units of public housing flats and the requirement for good and efficient property management services is enormous. The current policy of privatising these services to the private management agents has proved to be a correct direction in terms of retaining the growth of the public sector, and also improving the level of services to the tenants. While the privatisation scheme might bring in more opportunities for growth of the property management companies in the private sector, it is more important for the government to forge a proper transitional arrangement to switch to full private management in order not to endanger the already low morale in the public sector. 1. Introduction Privatisation is a general term describing a multitude of government initiatives designed to increase the role of the private sector in the provision of the conventional public services. The principles behind privatisation represent an ideology that puts larger emphasis on the efficiency of the market forces than on the public sector.
    [Show full text]
  • Suburban and Urban Housing in the Twentieth Century
    Suburban and urban housing in the twentieth century RUTH MCMANUS* Geography Department, St Patrick’s College, Drumcondra [Accepted 01 February 2011. Published 19 April 2011.] Abstract Ireland experienced dramatic political, social and economic change in the twentieth century, of which the shift from a majority rural to a majority urban population was one of the most notable. These changes are refl ected in the nature and form of the built environment. In this essay, the evolution of urban and suburban housing during Ireland’s fi rst urban century is considered. Existing patterns of unplanned middle- class suburban expansion were supplemented, from the 1920s, by a programme of planned working-class suburbanization. State intervention thus impacted on the location and form of new housing estates, while layouts owed much to the early British town-planning movement. High levels of owner-occupation in Ireland, the combined result of government policy and individual preference, were also refl ected in a preference for particular housing forms. The predominance of the standardised three- or four-bedroom, semi-detached or detached house, was not challenged until the 1990s when there was a surge in apartment provision, largely driven by tax incen- tives. Changing norms in terms of housing size, facilities and design were shaped by the standards adopted by government and local authorities, as well as to the pressures of the speculative building process. Introduction and The place called home, in an Irish context, changed little in the course of the twentieth context century, and yet it also changed dramatically. This apparent contradiction can be explained by the fact that, while the typical home at the beginning of the twenty-fi rst century remains the single-family detached or semi-detached dwelling, its location and context are now rather different.
    [Show full text]
  • Czech Panelã
    Architecture Publications Architecture 2012 Czech paneláks are disappearing, but the housing estates remain / České paneláky miznú, ale sídliská zostávajú Kimberly Elman Zarecor Iowa State University, zarecor@iastate.edu Eva Špačková Vysoká škola báňská - Technická univerzita Ostrava Follow this and additional works at: http://lib.dr.iastate.edu/arch_pubs Part of the Architectural History and Criticism Commons, and the Slavic Languages and Societies Commons The ompc lete bibliographic information for this item can be found at http://lib.dr.iastate.edu/ arch_pubs/47. For information on how to cite this item, please visit http://lib.dr.iastate.edu/ howtocite.html. This Article is brought to you for free and open access by the Architecture at Iowa State University Digital Repository. It has been accepted for inclusion in Architecture Publications by an authorized administrator of Iowa State University Digital Repository. For more information, please contact digirep@iastate.edu. Czech paneláks are disappearing, but the housing estates remain / České paneláky miznú, ale sídliská zostávajú Abstract A common lament about the legacy of communism in Europe is the damage that it did to the built environment. Particular ire is directed at the concrete prefabricated housing blocks, known in Czech and Slovak as paneláks (structural panel buildings), groups of which were arranged in housing estates (sídliště in Czech and sídlisko in Slovak) to create the region’s characteristic postwar districts. Paneláks were not only signs of the increased production of new housing, but also indicated the acceleration of urbanization in the region as residents moved from rural areas to towns and cities for work. According to United Nations statistics, 75 percent of the Czech population lived in urban areas by 1980, compared to only 54 percent in 1950 .
    [Show full text]
  • Understanding the Assumptions and Impacts of the Victorian Public Housing Renewal Program
    May 2019 Understanding the assumptions and impacts of the Victorian Public Housing Renewal Program Final report of a research project with Cities of Moreland, Darebin and Yarra Dr David Kelly Professor Libby Porter Contact: libby.porter@rmit.edu.au 03 9925 3585 The authors acknowledge that this report was undertaken on the unceded lands of the Woiwurrung and Boonwurrung speaking peoples of the Kulin Nation. We respectfully acknowledge Ancestors and Elders, past and present. Understanding the assumptions and impacts of the Victorian Public Housing Renewal Program Purpose Final report of a research project with Cities of Moreland, Darebin and Yarra Disclaimer: The findings, views and claims expressed in this report are those of the authors. They do not necessarily reflect the official policy or position of the Cities of Moreland, Darebin or Yarra. Authors Dr David Kelly Professor Libby Porter Contact: Libby.porter@rmit.edu.au, 03 9925 3585 May 2019 The authors acknowledge that this report was undertaken on the unceded lands of the Woiwurrung and Boonwurrung speaking peoples of the Kulin Nation. We respectfully acknowledge Ancestors and Elders, past and present. Contents Summary ................................................................................................................................. 3 Introduction .............................................................................................................................. 5 Part One: The PHRP in context ..............................................................................................
    [Show full text]
  • HOUSING in ROMANIA Project Co-Financed from the European Regional Development Fund Through the Operational Programme Technical Assistance (OPTA) 2007-2013
    Public Disclosure Authorized HOUSING IN ROMANIA Project co-financed from the European Regional Development Fund through the Operational Programme Technical Assistance (OPTA) 2007-2013 Public Disclosure Authorized Public Disclosure Authorized TOWARDS A NATIONAL HOUSING STRATEGY Public Disclosure Authorized Regional Development Program 2 | Harmonizing Public Investments Component 4: FINAL REPORT (1) August 27, 2015 i ii Contents Abbreviations and Acronyms .............................................................................................................................................. v Currency Equivalents ........................................................................................................................................................... vii Acknowledgements ............................................................................................................................................................. viii EXECUTIVE SUMMARY ......................................................................................................................................... 1 I. INTRODUCTION ................................................................................................................................... 28 1.1 Background .................................................................................................................................................... 28 1.2 Definitions ......................................................................................................................................................
    [Show full text]