Consultancy
FEASIBILITY STUDY
A rational approach towards ensuring the success of a development project must require economic and financial appraisals to be carried out before and during the concept stage. These exercises enable the developer to establish his objectives. Thereafter, it will be necessary for these appraisals to be reviewed and up-dated at regular intervals.
The vital areas covered in a feasibility study shall include:
-
Its capacity analysis to determine the design concept and optimum envelop of the building structure(s).
-
Surveys to determine market trends in supply and demand and the capital growth rates in the industry.
-
Market studies to ascertain the marketability and viability of the proposed development.
-
Financial appraisals to determine the total development costs, capital structure, loan requirement, the estimated profit margin or investment return arising from undertaking the proposed development.
