QUOTE(DS4 @ Apr 18 2018, 07:04 PM)
Land size 72acre
Plot ratio 6
Maximum GFA 72 x 43560 x 6 = 18,817920sqft
Maximum NSA = GFA x 70% efficiency building tower = 13,172,544sqft
Estimated GDV = 15billion
Estimated NDV = GDV - 8% = 13.8billion
Minimum Net selling price to achieve 13.8billion = RM1,047per square feet.
Please note that the above calculation are based on gross land of 72acres.
In actual scenario, u need to subdivided your 72ac land into several smaller parcel of 2-5acre in normal circumstances for phase 1, 2,3...development (since it has claimed that the overall take 15years)
As such, i am estimate the final net usable land is only 60% of 72ac.
The plot ratio calculation shall be based on 43.2ac instead of 72ac.
As a result, the NSA will be dropping to 13,172,544 x 60% = 7,903,526sqft.....
When u only have approximately 8million square feet of NSA to sell....
How you can achieve RM15billion from 8million square feet NFA?
Unless, u plan to sell at (RM15,000,000,000 % 8,000,000sqft) = RM1,875 per square feet???? [kepong u know?]
RM15billion GDV for 72ac land even with plot ratio of 6 is not REALISTIC...
Wow, holy fuck... your analysis, good educational purpose. (start googling those unknown keywords...)Plot ratio 6
Maximum GFA 72 x 43560 x 6 = 18,817920sqft
Maximum NSA = GFA x 70% efficiency building tower = 13,172,544sqft
Estimated GDV = 15billion
Estimated NDV = GDV - 8% = 13.8billion
Minimum Net selling price to achieve 13.8billion = RM1,047per square feet.
Please note that the above calculation are based on gross land of 72acres.
In actual scenario, u need to subdivided your 72ac land into several smaller parcel of 2-5acre in normal circumstances for phase 1, 2,3...development (since it has claimed that the overall take 15years)
As such, i am estimate the final net usable land is only 60% of 72ac.
The plot ratio calculation shall be based on 43.2ac instead of 72ac.
As a result, the NSA will be dropping to 13,172,544 x 60% = 7,903,526sqft.....
When u only have approximately 8million square feet of NSA to sell....
How you can achieve RM15billion from 8million square feet NFA?
Unless, u plan to sell at (RM15,000,000,000 % 8,000,000sqft) = RM1,875 per square feet???? [kepong u know?]
RM15billion GDV for 72ac land even with plot ratio of 6 is not REALISTIC...
thanks man.