A quantitative analysis to determine the potential demand for a new property development project in a specific area.
This analysis assesses various factors such as demographic trends, local economic conditions, current market conditions, and competitor offerings to determine the demand for new housing or commercial properties.
The goal of a market demand analysis is to provide developers and investors with a better understanding of the market and to help make informed decisions about new projects.
This project approach contains the following:
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Land-use rights investigation
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Review of municipal planning documents
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Site analysis
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Econometric data modelling
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Visit to site & surrounding areas
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Current & future construction in the area
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Socio-economic data extraction & analysis
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Mapping & report writing