DEVELOPMENT APPRAISAL
-
Upload
atieazieda -
Category
Documents
-
view
12 -
download
3
description
Transcript of DEVELOPMENT APPRAISAL
ORGANIZATION CHART
Head Of Property Consultant
Amirul Asyraf
Chief Research Executive
Noor ‘Azyyati Binti IsmailChief Sales & Marketing
Executive Chief Financial Executive Executive Director
Chief Developement Executive
Proposed
Development
Mixed Development
Property Type I. Medium Single Storey Terrace House
II. Double Storey Terrace House
III. Double- Storey Shop Office
Lot Number Lot 45626
State Perak
District Manjung
Mukim Lumut
Land Area 15.0014 acres
Category of Land
Use
Agriculture
Facilities Surau, recreational park
Concept Gated and Garden
EXECUTIVE SUMMARY
• HOUSING DEMAND• LOCATION• COMMERCIAL
SECTOR
• COMPETITOR
• SHAPE• CATEGORY OF
LAND USE• EXISTING
CONDITION OF LAND
• LOCATION• LAND TENURE• ACCESSIBILITY• TOPOGRAPHY
STRENGTH WEAKNESSES
OPPORTUNITIESTHREAT
S.W.O.T. ANALYSIS
• POPULATION IN MANJUNG, 2010
• INCOME TRADE IN MAJUNG PERAK, PERAK, 2012
Source: Department of Statistics Malaysia, 2010
Source: Department of Statistics Malaysia, 2012
ECONOMIC FEASIBILITY STATE 2009 2012 Average Annual
Growth Rate (%)
W.P.Kuala Lumpur 5488 8586 14.9
W.P.Labuan 4407 6317 12.0
Perlis 2617 3538 10.1
Terengganu 3017 3967 9.1
Negeri Sembilan 3540 4576 8.6
Sabah 3102 4013 8.6
Kedah 2667 3425 8.3
Perak 2809 3548 7.8
Kelantan 2536 3168 7.4
Johor 3835 4658 6.5
W.P. Putrajaya 6747 8101 6.1
Serawak 3581 4293 6.0
Selangor 5962 7023 5.5
Pulau Pinang 4407 5055 4.6
Pahang 3279 3745 4.4
Melaka 4184 4759 4.3
Malaysia 4,025 5000 7.2
• SINGLE STOREY TERRACE HOUSE
• DOUBLE STOREY TERRACE HOUSE
MARKET FEASIBILITY
Year Existing
stock
Incoming
supply
Planned
supply
2010 6,766 376 1,526
2011 7,175 702 1,601
2012 7,508 885 1,685
2013 7,903 1,236 1,622
2014 8,661 1,540 1,446
Year Existing
stock
Incoming
supply
Planned
supply
2010 13,247 666 561
2011 13,637 926 304
2012 13,832 1,394 437
2013 13,906 1,736 305
2014 14,071 1,512 330
Source : Property Market Report (2010-2014)
• DOUBLE STOREY SHOP OFFICE
Year Existing
stock
Incoming
supply
Planned
supply
2010 3,847 47 1,295
2011 3,918 132 1,273
2012 3,967 246 478
2013 4,048 362 375
2014 4.060 350 414
Source : Property Market Report (2010-2014)
• SINGLE STOREY TERRACE HOUSE
Source: Property Market Report from year 2010 to year 2014
SELLING PRICE
YEAR PRICE SINGLE
STOREY TERRACE
PRICE DOUBLE
STOREY TERRACE
DOUBLE STOREY SHOP
OFFICE
2010 140,000 258,000 320,0002011 178,800 288,800 350,0002012 198,737 334,130 395,0002013 209,263 367,000 380,0002014 219,726 385,350 399,000
• DOUBLE STOREY TERRACE HOUSE
• DOUBLE STOREY SHOP OFFICE
Type Location Number of unit Price
single storey terrace house
Intermediate lot
Corner lot
125
10
RM 200,000
RM 210,000
Double storey terrace
Intermediate lot
Corner lot
78
6
RM 320,000
RM 336,000
Double storey shop office
Intermediate lot
Corner lot
55
5
RM 418,000
RM 438,900
SELLING PRICE FOR PROPOSED DEVELOPMENT
Type of
property
Lot
Area
(sq.ft.)
Units Percentage
(%)
single storey
terrace house
20’ x 65’ 135 28%
Double storey
terrace house
20’ x 70’ 84 19%
Double storey
shop Office
30’ x 70’ 60 13%
LAYOUT PLAN
• SINGLE STOREY TERRACE HOUSE
FLOOR PLAN
Structure : Reinforced concrete framework.
Roof : Concrete roof tiles
Wall : Brick wall plastered on both side
Floor : Ceramic floor tiles
Windows : Aluminum window with tinted glass
Doors : sliding door and flash door
• DOUBLE STOREY TERRACE HOUSES
Structure : Reinforced concrete framework.
Roof : Concrete roof tiles
Wall : Brick wall plastered on both side
Floor : Ceramic floor tiles
Windows : Aluminum window with tinted glass
Doors : sliding door and flash door
Staircases : reinforcement concrete
staircase.
• DOUBLE STOREY SHOP OFFICE
Structure : Reinforced concrete framework.
Roof : Concrete roof tiles
Wall : Brick wall plastered on both side
Floor : Ceramic floor tiles
Windows : Aluminum window with tinted glass
Doors : sliding door and flash door
Staircases : reinforcement concrete
staircase.
PRODUCT
• related to the needs and wants of people
PLACE
• located near with city
PRICE
• set accordingly to the current market and the surrounding area
PROMOTION
• assorted strategies of promoting the product
MARKETING OBJECTIVESTo make sure the
marketing tools used are within
the marketing
budget
To make sure the proposed
development will give profit and
benefit
To make sure the
product of the
development will be
completely sold within 12 months
period
To achieve the mission and vision of
the proposed
development
MARKETING MIX
PRE-MARKETING STRATEGIES
Analyzing market Competitiv
e pricing
MARKETING PROMOTION
Pre-launching
Launching
ceremonyDiscount for early
birds
Free lawyer
fee
MARKETING TOOLS
business card & website
Flyers & Brochure
Showroom
Billboard and bunting
TARGET MARKET
Geographic segmentation
Demographic segmentation
Psychographic segmentation
FINANCEGROSS DEVELOPMENT VALUE RM 76, 402, 300
(-)
GROSS DEVELOPMENT COST RM 59, 747, 381
DEVELOPER’S PROFIT RM 16, 654, 920
DEVELOPERS PROFIT ON GROSS DEVELOPMENT VALUE
DEVELOPER PROFIT = 16,654,920 X 100= 22%
GROSS DEVELOPMENT VALUE 76,402,300
DEVELOPER PROFIT ON TOTAL DEVELOPMENT COST
DEVELOPER PROFIT = 16,654,920 X 100= 28%
TOTAL DEVELOPMENT VALUE 59,747,381