This subject aims to give students the knowledge and skills to be able to operate as a property, design or construction professional in the area of development advice and decision-making in property development. It comprises: the development process and the major players; time value of money; the decision to build; property market research and analysis; appreciation of investment and market valuation methods; development appraisal including residual analysis and cash flow modelling; price and worth; risk, return and risk analysis. -- Course Website
Prerequisites: Either 702-115 Introduction to Property OR 702-115 Property 1 OR 702-211 Income Property Analysis OR 702-361 Construction Cost Planning