Year-end Sale % OFF 
Abstract
The primary aim of this Paper is to outline results and to summarize research findings on property development strategies and processes that increase the chances of successful Real Estate development starting by using the eight stages of Cadman and Topping to anticipating possible risks and looking at alternative development scenarios under the influence of a pandemic, and developments’ digital technology. The case study that will be taken in this paper is the LRT CITY Ciracas Project in Jakarta, which is an Apartment and Retail complex project developed with the TOD concept or Transit Oriented Development, where the project complex is directly connected to the LRT CITY Ciracas station. The property development process is complex and high risk. Land value-oriented developers will create development scenarios that seek to analyze the best land value to be developed in accordance with the regulations and market needs at that time by presenting innovative designs or superior designs that meet feasibility studies and are presented with development stages that can also maximize land value. The Evaluation stage is the deciding point where the developer can make a decision to move forward until the development is complete, even though there are difficulties and risks that might hinder the development process that must be faced or the developer can decide to back off and change his development plan. In addition to risk, developers need to take into account the development steps so that unexpected things do not arise.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Application on Sciences, Technology and Engineering
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
