national university of singapore
DEPARTMENT OF REAL ESTATE

RE1105 UNDERSTANDING DESIGN & CONSTRUCTION AY201415
PROBLEM-BASED LEARNING
PROJECT BRIEF 1

Your Client

DRE Ltd is one of Asia Pacific’s most successful real estate investment houses with an established track record of high profile transactions and specialist knowledge of quality real estate in the region. The company’s familiarity with the investment and management process is complemented by an intimate knowledge of the workings of the region’s real estate markets, a strong network of global contacts and the backing of domain expertise and industry experience.

DRE wishes to become a global property player across Asia Pacific, Middle East, Europe and North America. However, this century is said to belong to Asia with vast opportunities for property developments and investments. Asian GDP is predicted to grow to more than 50% of global GDP, while America’s share will slip to perhaps less than 15%. Thus, DRE’s immediate focus is in the Asian region.

Your Assignment

Your client is now considering the purchase of an existing building in Singapore.

You are appointed as Property Consultant to prepare a management report with the following terms of reference for their consideration:

1. To describe briefly the subject property (e.g. legal tenure, developer, type of use, etc.);
2. To describe the location of the subject property based on estimated distances or duration of time or both from key amenities: MRT, bus, schools, markets, shopping centres, expressway(s), residential neighbourhoods, etc) and comments on their accessibility;
3 To list the finishes/building materials used in at least 4 basic areas (eg lobby, hall, corridors, units, toilets, etc) and briefly highlight their advantages and disadvantages of the finishes;
4. To undertake measurement by estimation in terms of