BPE 34603 - LN 3 04 MAC 2019.pptx - PROPERTY DEVELOPMENT(BPE 34603 PROPERTY DEVELOPMENT CYCLES Prepared By Assc Prof Sr Dr Azlina Md Yassin CRITICAL

BPE 34603 - LN 3 04 MAC 2019.pptx - PROPERTY...

This preview shows page 1 - 12 out of 36 pages.

PROPERTY DEVELOPMENT CYCLES Prepared By: Assc. Prof. Sr. Dr. Azlina Md. Yassin PROPERTY DEVELOPMENT (BPE 34603)
Image of page 1
CRITICAL FACTORS AFFECTING REAL ESTATE INDUSTRY 1. Economic growth (GDP). 2. Government Policies, interest rates and schemes. 3. Population growth & urbanization. 4. Household income growth. 5. Infrastructures & catalyst development.
Image of page 2
Determinant factor for Property Pricing 1. Market 2. Country’s Economy 3. Actual Cost level 4. Marketing Cycle
Image of page 3
Determinant factor for Property Pricing Market Demand Supply
Image of page 4
Country’s Economy Economic Growth Purchasing Power Level of Income Determinant factor for Property Pricing
Image of page 5
Image of page 6
Stock Purchase Price Wholeseller’s Price Market Price Marketing Cycle Retailer’s Price Determinant factor for Property Pricing
Image of page 7
PRICE FOR PROPERTY Price What does it refer to ?? Other Factors % profit from cost Reflects/reflected by Market Value Based upon Offer Price/ Market testing
Image of page 8
Costs Determined by: (1) Land costs (2) Construction costs (3) Infrastructures & Utilities (roads, electricity, water, telephone, lifts, escalators etc.) (4) Professional (fees) Costs (5) Preliminary Costs (site & legal) (6) Preliminary Costs (site preparation) (7) Contingencies (8) Project Management Fees Etc. (9) Advert & Promotion (10) Marketing/ Agent
Image of page 9
(4) Professional (fees) Costs (based on needs of Prop. Dev. Architect C&S/ M&E Engineer Land Surveyor Quantity surveyor Lawyer Marketing Agent Town Planner Valuer Interior designer etc.
Image of page 10
(5) Preliminary Costs (site & legal) Premium Subdivision Preliminary Survey costs Planning costs Development & Building Plan Fees Etc.
Image of page 11
Image of page 12

You've reached the end of your free preview.

Want to read all 36 pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture