QSB4224/QSB60303 Development Economics
Taught by
Ms. Tay Shir Men & Mr. Soon Lam Tatt
About this module
Introduce the development, roles and contribution of construction industry to national economy
Covers various techniques of development appraisal and source of finance available
Learning Outcome
1 Introduction to development economics
2 Property development process
3 Property investment economics
4 Development appraisals
5 Factors in property development
6 Market research
7 Cost benefit analysis
8 Development finance
Assessment Components
Mid-term test 20%
Assignment 30%
Final examination 50%
Assignment
A group of student act as cost consultant of a property developer engaged for a proposed project: a piece of freehold land measuring 10 acres 1 rood 10 pole beside Taylor's University Selangor. We are required to prepare a report which include:
a) Development composition
b) Financial appraisal
c) Cash flow
d) NPV calculation and comment
e) Comment on cash flow and viability of the project based on 'Build-then-Sell' concept
