Development Economics

Course code ARBE3304Units 10Level 3000Faculty of Engineering and Built EnvironmentSchool of Architecture and Built Environment

This course develops the students understanding of development economics through the process of a feasibility study of a commercial property project. It examines the site analysis, market research, property management, property finance and the methods of investment appraisal; thereby developing the students ability to evaluate property investment

Available in 2015

BCA SingaporeSemester 1
Callaghan CampusSemester 1
Distance Education - CallaghanSemester 1
Previously offered in 2014
ObjectivesOn completion of this course students should be able to:
Understand the operation of property management
Conduct life-cycle costing analysis
Identify the sources of property finance
Understand the taxation implications and capital allowances in the property development process
Apply the methods of investment appraisal
Prepare a feasibility analysis for a commercial facility
ContentIntroduction to the process of feasibility study
Site analysis
Market analysis
Property Management and life-cycle costing analysis
Valuation of Property
Property finance and Tax implications/capital allowances
Time value of money
Present and future value calculation
Methods of investment appraisal
Discounted cash flow analysis
Risk analysis in discounted cash flow
Review of discounted cash flow analysis and process of feasibility study
Replacing Course(s)This replaces the existing 10 credit course ARBE2300 Construction Integrated Project 2.
TransitionARBE2300 Construction Integrated Project 2 to ARBE3304 Development Economics.
Industrial Experience0
Assumed KnowledgeARBE1300 or equivalent to ARBE2307 or equivalent - Students should have a basic knowledge of economics in construction industry (ARBE2307) before enrolling in this course
Modes of DeliveryDistance Learning : IT Based
External Mode
Flexible Delivery / Student Centred Learning
Internal Mode
Teaching MethodsCase Study
Email Discussion Group
Problem Based Learning
Self Directed Learning
Assessment Items
Quiz - On-lineCalculations of property investment analysis
Reports1.Property Management and life-cycle costing of a commercial facility
2.Feasibility study of a commercial facility
Contact HoursLecture: for 2 hour(s) per Week for Full Term
Tutorial: for 1 hour(s) per Week for Full Term
Timetables2015 Course Timetables for ARBE3304