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MMP732 - Property Development

Year:

2020 unit information

Important Update:

Classes and seminars in Trimester 2, 2020 will be online.

Last updated: 2 June 2020

Enrolment modes:Trimester 2: Cloud (online)
Credit point(s):1
Previously coded as:SRP732
EFTSL value:0.125
Unit Chair:Trimester 2: Kang Koo
Prerequisite:

Nil

Corequisite:Nil
Incompatible with:

Nil

Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - cloud:

Online independent and collaborative learning activities including 3 scheduled online seminars

Content

The aim of this unit is to discuss the concepts of property development based on the highest and best use framework. The reference is made to both residential and commercial property developments and includes reference to financial analysis and risk-return evaluations.

On completion of the unit students should be able to:
  • Describe the process of property development for commercial and non- residential buildings
  • Describe the procurement options which are available to property developers
  • Explain market research strategies
  • Describe the concepts of promotion and selling of commercial property developments
  • Explain the drivers behind sustainability in property development
  • Describe a number of key significant international property development projects.
  These are the Learning Outcomes (ULO) for this Unit
At the completion of this Unit, successful students can:
Deakin Graduate Learning Outcomes

ULO1

Describe and evaluate the characteristics of the site and demographics of the neighbourhood (market analysis) to develop a site inspection report.

DGLO1: Discipline-specific knowledge and capabilities

ULO2

Apply planning considerations, findings from site inspection, highest and best use analysis, and financial evaluation to create a development proposal report.

DGLO1: Discipline-specific knowledge and capabilities
DGLO5: Problem solving

ULO3

Explain the operation of property development companies focusing on investors and traders

DGLO1: Discipline-specific knowledge and capabilities
DGLO4: Critical thinking
DGLO6: Self-management

ULO4

Demonstrate autonomy, well developed judgement and responsibility to create an industry specific Development Proposal report.

DGLO1: Discipline-specific knowledge and capabilities
DGLO6: Self-management

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

:
Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week 
Written Assignment (individual) 2500 words 25% Week 5
Written Assignment (individual) 2500 words 25% Week 10
Examination 2 hours 50% Exam period

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MMP732 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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