“…The similarities of urban renewal, housing development, urbanization, and socioeconomic development of Hong Kong with other modern cities in the world are notable in the emphasis on social impact assessment (Interorganizational Committee on Guidelines and Principles for Social Impact Assessment, 1994; Planning and Lands Bureau, 2001;Vanclay, 2000Vanclay, , 2003, liberal and simple housing and real property law (Haila, 2000), and postindustrial and networked developments in international finance and trade (Chiu & Lui, 2004). As Hong Kong is among the ten most competitive cities in the world (Ho & Chan, 2003), it needs to maintain and revitalize its urban areas to boost its development (Adams & Hastings, 2001).…”