ARBE6321

Property Economics and Finance

Faculty of Engineering and Built Environment School of Architecture and Built Environment

10 Units 6000 Level Course

Available in 2013

WebLearn GradSchool	Trimester 2

Previously offered in 2012, 2011, 2010, 2009

Explores the property and urban economics in national and international levels. Sources and types of property finances are examined for various types of property developments. Taxations in relation to property are taken into account of the financial considerations.

Objectives

1. Understand the property and urban economics at national and international levels.
2. Understand various forms of taxation in relation to property investment and development.
3. Ability to analyze the property finance for various property developments, including financing and evaluation techniques.

Content

1. Property and urban economics:
- National economics,
- Development and investment markets,
- Property market cycles,
- Global property and urban economics

2. Property taxation:
- Income tax
- Profit tax
- Capital gains tax
- Depreciation allowances
- Land tax
- Negative gearing

3. Property finance
- sources and types of property finance
- debt vs equity,
- financing techniques
- evaluation techniques
- risk management

Replacing Course(s)

ARBE6320

Transition

Not applicable.

Industrial Experience

Assumed Knowledge

Not applicable

Modes of Delivery

Distance Learning : IT Based
External Mode

Teaching Methods

Case Study
Self Directed Learning
Tutorial

Assessment Items

Essays / Written Assignments	1. Report on the current property and urban economics at national and/or international level
Essays / Written Assignments	2. Case study project on the property finance of a project development.

Contact Hours

Self Directed Learning: for 10 hour(s) per Week for Full Term
Tutorial: for 3 hour(s) per Week for Full Term

Timetables