Valuation: Contaminated Land

INTRODUCTION Our world is more densely populated than forever before. In countries like the UK and Singapore (where I am from), refurbishment of colly place down is commonplace. For interpreter, the UK government aims to create 4.4 zillion new households by 2016, 60% of which are to be change on brownfield sites. Therefore, the electric shock of democracy defilement on the value of these redevelopment sites is nice a more pertinent and important subject. In this assignment, I impart use an mannequin from Singapore (which I am to the highest degree familiar with). With a focus on the evaluation of the contaminated land, I will discuss and find the most appropriate approach to ruminate the impact of land contamination on a proposed manifold retail and residential seat development. To better illustrate this, I will borrow the example of an unsuccessful redevelopment forecast Commonwealth View which is a proposed mixed retail and residential property develo pment, to be built on a plot of land with an existing flatulence station and cemetery. CONTAMINATED land According to the Red Book by the Royal lay down of Chartered Surveyors (RICS), contaminated land refers to; footing containing substances in levels supra the normal concentrations which can potentially dampen rise to inauspicious effect.

Defined by the Environment feat 1995 as: Any land which appears to the local authority in whose commonwealth it is situated to be in such a condition, by reason of substances in, on or under the land, that: a)significant misemploy is being caused or there is a significa nt casualty of such harm being caused; or ! b)pollution of controlled angrys is being or is likely to be, caused;. There are many another(prenominal) different types of land contamination, commonly caused by their previous applications (especially if previously used as industrial land). The contamination can be via chemicals, petrochemicals, human waste and rubbish, radioactive materials etc. all of which effects on ecology and humans to extents ranging from...If you want to get a full essay, baseball club it on our website: OrderCustomPaper.com

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