Frequently Asked Question
FEASIBILITY / MARKETABILITY STUDY SCOPE OF WORK
1. Economic Analysis
This section encompasses the analysis of the economic and development trend on a macro and micro platform. It will include socio-economic analysis such as the population growth, employment opportunities, disposable income and economic database. It will also comprise a review of the present and future developments and factors that will have direct or indirect influence on the project study.
2. Property Sector Analysis
Issues that will be analyzed for each of the sectors and sub sectors are:
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Pricing |
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Supply |
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Demand |
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Market Trend |
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Competition |
3. Property Market Analysis
Analysis of the complementary and competitive developments within and around the project in study with emphasis on:
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Price / rental comparison |
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Location / Accessibility |
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Scale and type of development |
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Product mix |
4. Site Analysis
An assessment of the project in study to determine its suitability and viability in relation to its location and terrain. This analysis covers:
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Description of site |
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Accessibility or proximity to facilities and amenities |
5. Financial Analysis
This section examines the financial feasibility of the proposed development with emphasis on cash flow and probable financial returns.
6. Proposed Development Strategy.
Recommendation of the most viable development concept based on the analysis above
7. Marketing Strategies
Proposition on the marketing strategies to be adopted based on the contemporary market demands, trends and position. This will cover:
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Determination of the target market |
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marketing campaign to attract the target market |
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SWOT analysis including factors affecting sales |
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Overall market conceptualization |
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What are the necessary fees required for a real estate property transaction ?
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What is your scope of work in doing feasibility & marketability study ?
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Who can appraise my property and what does an appraisal report contain?