Portfolio for Development Economics

This module has a group assignment which enable me to put theories regarding development appraisals into practice. This group assignment requires student to calculate the total development cost and gross development value of the project that is given.

                              Figure 1.1 Residual Method of Valuation

Besides that, I also learned in-depth on property development, property investment, factors in property development, development finance, cost benefit analysis and market research which helps me to understand professional practice on development economics field.

Other than that, I also learned to locate, extract, synthesise and utilise information effectively by doing group assignments as some of the details given in the group assignment required to use and few are not. For example, I need to figure out how much is the effective development area and how many number of units can be built for double storey shop/office, double storey terrace and double-storey low cost for the proposed development project. Hence, I also need to think critically and creatively on the arrangement of the units for each type of houses. In addition to that, I also need to analyse problems and achieve an effective solutions for that.

Besides that, I also need to be aware and form opinions from diverse perspectives as different people will have different opinions on the number of units for each type of houses that can be built for the group assignment.

                                      Figure 1.2 Analysis of number of units of each type of houses

                                          Figure 1.3 Net Present Value