November 2014
arum prasasti, mt. mm.
design & engineering business development corporate secretary
“The
feasibility study
is an evaluation and analysis
of the potential of a proposed project which is
based on extensive investigation and research to
support the process of decision making.”
It determines if it:
(1) is technically
feasible
,
CONSTRAINTS OF REAL ESTATE INVESTMENT:
-
HIGH VALUE OF INVESTMENT
-
LONG PERIOD OF TIME
-
HIGH RELIANCE ON EXTERNAL FACTORS
(REGULATIONS, MACRO ECONOMY, etc.)
-
IMMOBILE ASSET
-
SCARCITY OF LAND
HIGHLY NEED
- Economic Feasibility
- Information related to the project site; labor; utilities; rail, air, and road service to the site; and the overall economic impact of the project.
- Market Feasibility
- Technical Feasibility
- The technical feasibility reports shall address the suitability of the selected site for the intended use including an
environmental impact analysis.
- Financial Feasibility