Property Portfolio Management for Singaporean- myassignmenthelp

Question: Discuss about theProperty Portfolio Management for Singaporean Market. Answer: Introduction: The main aim of selecting the project is to increase the relevant revenue from investment, which could directly help in generating higher return from investment. The evaluation of the benefit that could be conducted from the investment option might directly help in generating higher revenue. In addition, the overall development of 700 unites of condominium needs to be conducted in the selected plot, as it might help in generating higher returns from investment. The assignment also focuses in delivering higher revenue from investment, which could help in generating higher revenue. This relevant increment in the overall revenue could be attained from investments, which might directly increase the relevant returns from investment. However, from the evacuation of the Singaporean market condition it could be identified that the residential market in the country is relatively at boom. The company is mainly targeting the rich clients, who could afford condominium for their residential purposes. This relevant increment in the overall residential market could mainly help in generating the required level of profitability. The increment in population and the facilities that is been provide from the project location can mainly help in attracting more customers and sell all the relevant condominium that will be developed by the organisation. Site Analysis: Figure 1: Mentioning the site location (Source: as depicted in the case study) The above figure mainly represents the site location, where the overall project needs to be conducted. The depiction of the site condition mainly represents the overall amenities that could be provided from the project site. The site mainly has both social as well and transport facilities, which could be enjoyed by the organisation. In addition, the overall evaluation of the site mainly helps in identifying the relevant amenities, which could be provided from the new project. The relevant project is mainly situated near major amenities that are used by individuals, while residing in a particular residential plot. In this context, Bodie, Kane Marcus (2014) mentioned that properties with access of high amenities mainly have higher price range among customers. The relevant description and evaluation of the amenities are mainly depicted as follows. Social amenities: Amenities such as primary and secondary school are also provided near the projected land parcel, which could help in supporting the residence of condominium. The social amenities mainly, help developers to attract more customers into the vicinity, which directly increases prices of the property. The residential plot also has Different types of schools with relevant education levels that could be helpful for citizens to increase their intellectual condition. The plot is also surrounded by two different schools of different levels, which could allow the residence to support their families with studies. The residential plot also has access to library and other city center facilities mainly help in improving living standards of the residents living near the plot. In this context, Booyens De (2016) stated that residential plots having high social amenities have high demand among customer and give the highest rate to the builder. Transport amenities: This project is also situated near Queenstown metro station, which could provide the relevant transport facility to the residents of the new residential project.The residential plot also have transport amenities which could allow the residence to avail different types of facilities in their daily life. Transport amenities such as metro station, highways and adequate transport facility would eventually allow the residence of the plot to utilize the facilities in their daily life. The residential plot also has facilities for the residence for accessing the petrol pump, which could be helpful in their daily life (Chourmouziadis Chatzoglou, 2016). Hospital and shipping amenities: The site also has facilities for hospital and shipping amenities, which could directly help in supporting activities of the residents in the plot. Seeing the overall facilities that are provided from the relevant site the valuation of the project is seemed to be adequate, which might help in generating higher revenue from investment. There is lower bid, which could be conducted for the current place, where the organisation could adequately win the relevant bid process. Furthermore, the overall cost assumption is mainly detected to be at S$483.18 million, which could directly help in generating the required level of profits for the organisation. Hence, the relevant S$871.14 per square foot per plot is mainly identified to be the relevant cost for 99 years for the relevant project. The reduced bidders could mainly decline the competition level of the organisation. Market Research: The relevant market research mainly involves demand and supply outlook of the current plot, which might help in generating higher revenue from investment. Adequate adjustments and comparables are also conducted from investment, which might directly involve relevant sales projections, time-frame and sales strategy. Relevant recent policies affecting the value of organisation are also evaluated. Gutierrez Magnusson (2014) mentioned that with the adequate market research organisation are mainly able to identify investment opportunity. From the relevant evaluation of the current market conduction the organisation is mainly able to identify the relevant supply and demand factors of the residing condominium. The relevant market research directly indicates that the currently there are low residential complex, which is situated in the current place. In addition, there is low supply of residential condominium near Dundee Road in Queenstown, which directly reflects the increased demand that c ould be seen among potential residents. The demand for residential condominium is relatively higher among potential customers, which could directly have a positive research for the organisation. The relevant comparables can be identified from this situation, which could in turn help in generating higher revenue from investment. In addition, from the overall valuation the relevant sales projection of 700 residential condominiums is mainly identified from the current scenario, which could help in generating higher revenue from investment. The sales projection is mainly estimated from the square foot of the overall project, which is estimated to be utilised for selecting the relevant project. From the evaluation of past projects it could be understood that the use of residential condominium could eventually allow the organisation to generate higher revenue from investment. The past project launches have been effectively conducting in Singapore, which could allow the organisation to adequately generate the relevant profits that could be obtained from investments. Kumar (2014) mentioned that with the help of adequate evaluation of past projects overall financial viability of the project can be understood by the organisation. However, the time frame will mainly take around 5 years for completing the relevant project of residential condominium. However, relevant sale strategy could also be adopted by the organisation for selling the residential condominium near Queenstown. In addition, the overall sale strategy would mainly emphasise on the amenities that could be utilised by residents living in land parcel situated at Dundee Road in Queenstown. The adoption of sale strategy could eventually help in selling the residential condominium and generate higher revenue from investment. Michalski (2013) mentioned that use of adequate selling strategy could eventually allow the organisation to generate higher revenue from investment. Estimation of Gross Development Value (GDV): The overall estimation of gross development value could mainly be conducted by evaluating the financial viability of the project. In addition, relevant fees and costs need to be identified for the relevant projects, which might help in identifying the gross development value of the project. Poon Poon (2017) argued that without the adequate estimation of cost structure relevant acceptance of the project cannot be conducted by companies. In addition, the valuation also helps in controlling the relevant costs, which needs to be conducted for completing the residential condominium. The first type of expenses that needs to be conducted for starting the project of residential condominium is relevant fees. The overall fees such as bidding fees, planning fees, development and construction fees that needs to be conducted by the company for completing the relevant project. These fees are mainly considered to be the overall expenses, which needs to be conducted in the initial stage. The overall expense on bidding fees needs to be conducted for allowing the company to get relevant permission in bidding for the land parcel. However, in Singapore relevant construction and building fees need to provide for adequately completing construction on vacant land (Schyns, 2016). The other expenses that need to be conducted excluding fees are the costs and expenses incurred for completing the residential condominium. In addition, this relevant expenses needs to be conducted on certain cost such as building materials and construction costs. The relevant increment in the overall cost needs to be conducted, which might in turn help in completing the overall project. The construction of 645 residential condominiums mainly needs a relevant cost structure, which directly involves different costs for completing the project. From the overall evaluation of the scenario the cost of rent for the residential condominium is appropriate, as the value of bid is relatively high in nature. The overall type of cost that needs to be executed from the construction site is the expenses regarding construction of the site. Moreover, these expenses regarding the construction site could eventually increase different segments of costs needs to be included into their operations. The co nstruction cost will incur expense such as material costs, labour cost and equipment cost, which needs to be maintained by the organisation. Souza (2014) mentioned that identified expenses could mainly help in evaluating the relevant viability of the construction project and determine the relevant income that could be projected from the investment. Particulars Amount Sale price 645,000,000 Bidding cost 483,180,000 Construction cost Site work (fees) 5,258,000 Foundation 63,096,000 Framing 26,290,000 Exterior finishes 9,464,400 Interior finishes 8,412,800 Final expenses 11,567,600 Total expenses 124,088,800 The above table mainly represents the overall expenses and income that needs to be conducted by the company in completing the residential. Hence, the overall expenses needs to be conducted by the organisation for completing the overall project. Final Recommendation: From the overall evaluation of the current parcel of land relevant benefits that could be identified from the project can be determined. In addition, the evaluation of case can mainly help in generating higher revenue from investments. In addition, the case study mainly represents the overall price range, where relevant bid price for the parcel land could be conducted. This relevant bidding of the land could eventually help in successfully wining the bid for the parcel land. The evaluation of the project mainly represents the relevant income, which could be generated from the development of residential condominiums. The overall evaluation could mainly represent the overall financial statues that could be generated by the organisation. The financial projection is also identified, which could be used by the organisation for generating higher revenue from investment. Hence, from the overall evaluation of the overall project it could be identified that the revenue generated from the oper ations can be higher. In addition, the project revenue mainly indicates the high returns that might be generated from the land parcel. Conclusion: From the overall valuation of the assignment relevant viability of the project can be identified. The relevant valuation of the new project mainly represents the financial viability of the project where the total selling of 645 residential condominiums will be conducted. The site analysis and evaluation is also conducted, where viability of the amenities that could be provided from the site can also be identified. The residential condominiums could directly reflect income that could be generated by the organisation. Reference and Bibliography: Bodie, Z., Kane, A., Marcus, A. J. 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