Y.H. Chiang
BA(AS), BBldg,, MBA, PhD, MRICS, AHKIS, RPS(QS)

Professor, BSc (Hons) Surveying - Award Coordinator (4-year curriculum FT) & Academic Advisor

Tel.: (852) 2766 5822
E-mail address : bschiang@polyu.edu.hk
 

Y.H. Chiang obtained his BA in Architectural Studies, Bachelor of Building and Mater of Business Administration from the University of Hong Kong. He is a member of both the Royal Institution of Chartered Surveyors and the Hong Kong Institute of Surveyors. Before joining the University in 1990, he had been working for the Hong Kong Government for ten years in the field of Quantity Surveying. His current research interests are in property investment in the portfolio context, and competitiveness issues in property and construction.

Teaching
 
Main areas
Construction economics, real estate finance & investment
Research and Scholarly Activities
 
Research
Interests
Construction economics, real estate finance & investment, strategic management
 
Current
Research
Projects
Sustainable Building Maintenance: Balancing Employment, Costs and Carbon
The Nexus between Firm Efficiency, Construction Volume and Competitiveness
 
Research
Students
Supervision

 

Thesis Topics of PhD students supervised:
The Two-Sector Imbalanced Structure Model: Theoretical and Empirical Analysis of Real Estate Cycle in China
Construction Industry Development and Government Policy
The Role of Finance in Competitiveness of Contractors ¡V The Case of Indigenous Contractors in Hong Kong
A Study of the Competitiveness of Local Contractors in Hong Kong
The Investment Performance of Hong Kong Real Estate and Property Stocks
The Determinants of Capital Structure: Evidence on Hong Kong Property Companies (DBA thesis)
Administration
 
 
BSc (Hons) Surveying - Award Coordinator (4-year curriculum FT)
Academic Advisor
Consultancy and Professional Service
 
Consultancy
Consultancy service to the project "Development Strategy for Professional Resources of Hong Kong's Construction And Related Engineering Services Sector" , commissioned by the Development Bureau, the Government of HKSAR, 2007-2008
Consultancy service to the project "Application of Public-Private Partnerships in Urban Rail-Based Transportation Project" , submitted to the Asian Development Bank (ADB) by MTR Corporation Limited, HK, 2007-2008
Consultancy service to the project "Reinventing Hong Kong Construction Industry for its Sustainable Development" , commissioned by the CII-HK, HKU and HKPolyU, 2007-2008
 
Professional
Service
Member, Appeal Tribunal Panel, Buildings Ordinance (Cap. 123)
External Examiner, Bachelor of Applied Science (Honours) (Construction Management and Economics), HKU SPACE
Member of editorial board of the International Journal of Information Technology Project Management (IJITPM).
Selected Recent Publication List
 
Book and Research Monograph (Selected)
1
Chiang, Y.H., Anson, M. and Raftery J. (eds). (2004) The Construction Sector in Asian Economics. London: Spon Press, Taylor & Francis. 491pp.
 
Externally
Refereed
Journal
Paper
Construction
1
Chiang, Y.H., Li, J., Choi, T. and Man, K.F. (2013). Evaluating Construction Contractors’ Efficiency in Hong Kong Using Data Envelopment Analysis Assurance Region Model. Journal of Facilities Management, 11:1, 52-68.
2
Chiang, Y.H., Li, J., Choi, T.N.Y., and Man, K.F. (2012) Comparing China Mainland and China Hong Kong Contractors’ Productive Efficiency: A DEA Malmquist Productivity Index Approach.Journal of Facilities Management, 10:3, 179-197.
3
Chiang, Y.H., Cheng, Eddie W.L. and Lam, Patrick T.I. (2011): A three-phase approach to construction borrowing decisions, Architectural Science Review, 54:3, 225-231.
4
Chiang, Y.H. and Cheng, Eddie W.L. (2011) Revealing bank lending decisions for contractors in Hong Kong. International Journal of Project Management. 29:2,137-45.
5
Chiang, Y.H. and Cheng, Eddie W.L. (2010) Construction loans and industry development: The case of Hong Kong.  Construction Management and Economics, 28:9, 959-69.
6
Chiang, Y.H., Cheng, W.L. Eddie and Lam, Patrick T.I. (2010) Epistemology of capital structure decisions by building contractors in Hong Kong, Journal of Construction Innovation: Information, Process, Management, 10:3, 329-45.
7
Chiang, Y.H., Cheng, W.L. Eddie and Lam, Patrick (2010) Employing the NPV-consistent IRR methods for PFI contracts. ASCE Journal of Construction Engineering and Management. 136:7, 811-14.
8
Chiang, Y.H. and Cheng, W.L. Eddie (2009) Perception of Financial Institutions toward Financing PFI. ASCE Journal of Construction Engineering and Management. 135:9, 833-840
9
Chiang, Y.H. (2009) Subcontracting and its ramifications: a survey of the building industry in Hong Kong. International Journal of Project Management. 27:1, 80-88.
10
Jaillon, L., Poon, C.S. and Chiang, Y.H. (2009) Quantifying the waste reduction potential of using prefabrication in building construction in Hong Kong. Waste Management. 29, 302-320.
11
Chiang, Y.H., Tang, B.S. and Wong, Francis K.W. (2008) Volume building as competitive strategy.Construction Management and Economics, Vol.26, No.2, 161-176.
12
Chiang, Y.H. and Tang, B.S. (2006) Trust, Partnership and Power in Construction: Theory and Applications in Hong Kong. Journal of Construction Procurement. Vol.11, No.2, 94-111.
13
Chiang, Y.H., Cheng, Eddie W.L. and Tang, B.S. (2005) Examining repercussions of consumptions and inputs placed on the construction sector by use of I-O tables and DEA. Building and Environment, Vol.41, No.1, pp.1-11.
14
Chiang, Y.H., Edwin Chan, H.W. and Lawrence Lok, K.L. (2006) Prefabrication and barriers to entry - A case study of public housing and institutional buildings in Hong Kong. Habitat International, Vol.30, No.3, pp.482-99.
15
Chiang, Y.H. and Tang, B.S. (2003). "Submarines don't leak, why do buildings? - Building quality, technological impediment and organization of building industry in Hong Kong". Habitat International, Vol.27, Issue 1, pp.1-17.
16
Chiang, Y.H., Tang, B.S. and Leung, W.Y. (2001). "Market Structure of the Construction Industry in Hong Kong". Construction Management and Economics, Vol.19, No. 7, pp.675-87.
Real Estate
1
Li, J. and Chiang, Y.H. (2012) What Pushes Up China's Real Estate Price? International Journal of Housing Markets and Analysis, 5:2, 161 -176.
2
Li, J., Chiang, Y.H. and Choy, Lennon (2011) Central-local conflict and property cycle: A Chinese style, Habitat International, 35:1, 126-32.
3
Chiang, Y.H., Choy, Lennon H.T. and Li, J. (2012) Public Expenditure and Property Cycle: The Case in Shanghai. Journal of Construction in Developing Countries, 17(1), 87–101.
4
Chiang, Y.H., So, Joinkey C.K. and Tang, B.S. (2008) Time-Varying Performance of Four Asia-Pacific REITs. Journal of Property Investment and Finance. Forthcoming
5
Chiang, Y.H. and So, Joinkey C.K. (2006) Devising a Conducive Regulatory Framework for Hong Kong Real Estate Development Trusts. Journal of Financial Management of Property and Construction, Vol.11, No.2, August, pp.91-104
6
Chiang, Y.H., So, Joinkey C.K. and Yeung, Stanley C.W. (2006) Real Option Land Premium in Hong Kong Land Prices. Journal of Property Investment and Finance, Vol.24, No.1, pp.239-58
7
Chiang, Y.H., Chan, A.P.C. and Hui, E.C.M. (2002). ¡§Capital Structure and Profitability of the Property and Construction Sectors in Hong Kong". Journal of Property Investment & Finance, Vol.20, No.6, pp.434-53.
8
Ganesan S. and Chiang, Y.H. (1998). "The Inflation Hedging Characteristics of Real and Financial Assets in Hong Kong". The Journal of Real Estate Portfolio Management, Vol 4, No.1, pp.55-67
9
Chiang, Y.H. and Ganesan, S. (1996). "Property Investment in Hong Kong". The Journal of Real Estate Portfolio Management, Vol. 2, No.2, pp.141-58
10
Chiang, Y.H. and Chan, M.W. (1995). "Property Investment in a Portfolio Context - The Potential of Mortgage Backed Securities for Institutional Investors in Hong Kong". A conference paper selected for inclusion in the International Journal for Housing Science and Its Applications, Vol. 19, No.4, pp.277-88.
 
AsiaConstruct 
Paper
Anson, M., Cheng, Eddie, Chinag, Y.H., and Mak, Stephen W.K. (2010) An Annual Report of the Construction Industry of China Hong Kong for the 16th Asia Construct 2010 Conference. November 26-28, 2010, Hanoi, Vietnam.
Anson, M., Cheng, Eddie, Chiang, Y.H. and Mak, Stephen W.K. (2010) Theme paper: Sustainable Urban Development from the View of the Asia’s Real Estate Market for the 16th Asia Construct 2010 Conference. November 26-28, 2010, Hanoi, Vietnam.
Anson, M, Chiang, Y.H., Choy, Lennon H.T., Hui, Eddie C.M. and Mak, Stephen W.K. (2007) An Annual Report of the Construction Industry of China Hong Kong for the 13th Asia Construct 2005 Conference, October 18-19, 2007, Seoul, South Korea, pp. 1-18
Anson, M., Chan, Edwin H.W., Chiang, Y.H., Choy, Lennon H.T., Hui, Eddie C.M. and Mak, Stephen W.K. (2006) Financing Construction ¡V Hong Kong Report in Anson, M. (ed.) Financing Construction, pp. 1-40
 
Doctoral Thesis
1
Chiang, Y.H. (1997). Property Investment in Portfolio Context - An Analysis of Risks and Return of Office Property Investment in Hong Kong. Unpublished PhD dissertation, University of Hong Kong
Photo and Video Shooting
 
May 5, 2012
IRE Forum at HangZhou

 


Updated on 18 October 2012