The real estate development course aims to introduce students to what real estate development (RED) is and what the development process entails. It seeks to provide students with a good overview of what goes into the various stages of the development process with emphasis on feasibility studies, financing and management.

This year, the class will undertake a feasibility study for a real-life client. This client needs a feasibility study conducted for a development they want to embark on. The outputs expected are a feasibility report and recommendations for financing and property management, post development. Students in the class will be split into teams to conduct the study, going through the 8-stages of the development process. They will do this as they are taken through the various stages of development process in the class, visit the site and also interact with professionals who will help them make development and investment decisions for the client. The bottom line is a development which is sustainable where its financial model is concerned, and one that is environmentally considerate.