Sunday, July 6, 2014

Development Economic (QSB 4223)

Lecturers: Mr. Ho June Khai                   
                  Ms. Dianne Kok Hui Wei  


Objectives 

  • To understand the general principles of economics and the relationship between the construction industry and also property development process.
  • To understand feasibility study in property development.
  • To understand finance operating system in construction industry.





Assignment 


The assignment is divided into Group Assignment (65%) and Individual Assignment (35%). 
There are required 9 students for the group assignment, we were required to carry out analysis of the number of units for the type of houses to be built for the proposed development project. Besides that, we need to prepare financial appraisal and cash flow. Whereas for the individual assignment, based on the analysis done in the group assignment, we were required to give comment on the cash flow and viability of the project based on 'Build-then-Sell' concept.



Learning Outcomes 

This module helps us to understand more on the various techniques of development appraisal and source of finance available. We learnt how to calculate the developer's budget. Besides that, we also learnt how to execute the cost-benefits analysis in the earlier stage of investment proposal and valuation system to help on decision making during the feasibility stage. The assignment helps in getting better understanding about cash flow process and the property development process

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