NATIONAL UNIVERSITY OF SCIENCE AND TECHNOLOGY
FACULTY OF THE BUILT ENVIRONMENT
DEPARTMENT OF LANDSCAPE ARCHITECTURE AND URBAN DESIGN
PROPERTY DEVELOPMENT
BLP 1101
SUPPLEMENTARY EXAMINATION PAPER
JULY 2016
This examination paper consists of 2 pages
Time Allowed: 3 hours
Total Marks: 100
Special Requirements:
Examiner’s Name: Mr B Chigara
INSTRUCTIONS
1. Answer any four (4) questions
2. Each question carries 25 marks
3. Where required give examples and draw illustrations and diagrams
MARK ALLOCATION
QUESTION MARKS
1. 25
2. 25
3. 25
4. 25
5. 25
6. 25
TOTAL 100
Page 1 of 2
Copyright: National University of Science and Technology, 2015
Page 1 of 2
Question 1
Describe the sequence of events in a typical property development process. [25]
Question 2
Property development is a multidisciplinary activity. Discuss. [25]
Question 3
a. React to the assertion that market research is a prerequisite for viable and confident
completion of property development projects. (15)
b. Explain the components of such research. (10)
[25]
Question 4
Explain the following as they relate to property development and the economy
i. Business cycle (8)
ii. Credit cycle (8)
iii. Property development cycle (9)
[25]
Question 5
Discuss the factors that should be taken into account in appraising a site for a proposed office
development. [25]
Question 6
ZESA holdings carried out a market survey before the construction of Parklands shopping mall
in Bulawayo and the survey showed that the proposed project is viable. However, when
completed, the shopping mall absorption rate still remains low. As a Property Consultant, advise
your client, ZESA Holdings, of what may have gone wrong and what can be done to bring life to
the shopping mall. [25]
Page 2 of 2