A dynamic simulation model for economic feasibility of apartment development projects

A dynamic simulation model for economic feasibility of apartment development projects

Many factors influence the success of apartment development projects, but it is difficult to quantitatively measure them. In terms of risk control, the five most direct influence factors are sales ratio, unit sale price, financial cost, land cost, and construction cost. These factors will vary duri...

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Bibliographic Details
Main Authors: Kwangchae Lee, Seunghyun Son, Doyeong Kim, Sunkuk Kim
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2019-05-01
Series:International Journal of Strategic Property Management
Subjects:
apartment
development projects
economic feasibility
risk factors
system dynamics
simulation model
Online Access:https://journals.vgtu.lt/index.php/IJSPM/article/view/9822

Internet

https://journals.vgtu.lt/index.php/IJSPM/article/view/9822

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