HK$3,000 – HK$3,500

Property Development Strategies [AUG 2020]

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Location

RICS Office

Room 3707-09, Hopewell Centre

183 Queen's Road East

Wanchai, HKI

Hong Kong

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Event description
You will get a full comprehension on the elements that need to be considered when setting up your strategy, and ways to mitigate the risks.

About this Event

Workshop Overview

What makes a successful development? Who is involved and what are their expectations? Will the building stand the test of time? In order to answer these questions and provide a successful development strategy you need to understand the fundamentals of the development process, from the initial concept through to deciding to build the scheme.

Property Development Strategies will deal with all the factors that impact on the decision-making process, including site appraisal, planning, development appraisal, market trend and development finance.

Language

English

Agenda

A consideration of the development phases

  • Land and property acquisition matters / Planning
  • Market trends / Financial appraisals
  • Development finance / Procurement strategy
  • Case study exercise
  • Valuation of development land / Residual appraisal
  • Cash flows / Discounted cash flows
  • Excel spreadsheets and software packages

Risk analysis

  • Sensitivity analysis
  • Probability analysis

Development finance

  • An overview of the types of finance and when they are appropriate. How the finance can be reflected in the valuation

Learning outcome

  • Identify the fundamentals of the development process and the valuation of development land
  • Manage the process, up to the start of construction, either as an agent, other advisor or developer
  • Recognise the different issues at the various stages of the development management process.
  • Assess different methods of valuing development land and when to use the types of appraisals.
  • Recognise the different methodologies for the assessment of both project and financial risk.
  • Analyse types of development finance and how they can be accounted for in the valuation

Trainer

Mr Johnny Siu FRICS

FHKIS, MBA(HKU)

Mr Siu has been a chartered general practice surveyor for 31 years and he is now a senior professional in the civil services. He has been serving both the RICS and HKIS as an APC assessor since 1993. Before joining the HKSAR Government. Mr. Siu was an executive in HSBC group and had worked in Marketing Department, Wayfoong Property Limited and the Group Head Property Office, HSBC for over 13 years. Part-time lecturing is also Mr Siu’s favourite and he has been a part-time lecturer in various universities for over 20 years.

Mr Siu is the co-author of the book, Valuation of Development Land in Hong Kong (2001 edition). This book has been used as a standard textbook for surveying students in the universities and is the only valuation textbook written by a practicing surveyor who is still handling property valuations daily. Apart from property profession, Mr Siu has a personal pursuit in the telecommunication industry and is now a member of the Radio Spectrum and Technical Standards Advisory Committee to advise the Director-General of Communications, OFCA on a number of telecommunication matters.

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Date and Time

Location

RICS Office

Room 3707-09, Hopewell Centre

183 Queen's Road East

Wanchai, HKI

Hong Kong

View Map

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