1 Faculty of Built Environment > Undergraduate Prospectus > 1
2 Faculty of Built Environment > Undergraduate Prospectus > 2
3 Faculty of Built Environment > Undergraduate Prospectus > 3 ESTATE MANAGEMENT Introduction In July 1996, the first intake of students began their education in Bachelor of Estate Management under a new programme known as the Estate Management Programme, Faculty of Engineering. The Estate Management programme was upgraded to the Department of Estate Management in February 1998 as a step to strengthen the management of the course. The syllabus for the Estate Management programme in University of Malaya has been put together with the assistance of the Institution of Surveyors Malaysia. It takes into account the general guidelines proffered by the Royal Institution of Chartered Surveyors (RICS). The content and the arrangement of the syllabus were dedicated to getting professional recognition for the Bachelor of Estate Management. The launch of this programme obtained the approval of the Board of Valuers, Appraisers and Estate Agents (BOVAEA) Malaysia. Department Objectives The objectives of the Estate Management programme are to produce professional graduates: 1. Who are knowledgeable specifically in the discipline of estate management. 2. Who are highly competent and possess transferable skills in developing their careers. 3. Who are able to become reflective learners within the subject specific context. 4. Who possess high moral attributes with high discipline, ethics and commitment in serving the community and the country
4 Faculty of Built Environment > Undergraduate Prospectus > 4 Academic Programme Bachelor of Estate Management (8 Semesters) This programme has been designed to incorporate ideas and contributions from the Institution of Surveyors Malaysia (ISM). The structure of this programme is in accordance to the general structure recognised by a renowned institution in the United Kingdom, the Royal Institution of Chartered Surveyors (RICS). The programme structure comprises a full time study term of 4 years the successful completion of which confers upon the candidate a degree in the field of estate management. In order to be registered as a valuer, the candidate is further required to accumulate 2 years of work experience under the supervision of a Registered Valuer before sitting for a Test of Professional Competence (T.P.C) conducted by the Board of Valuers, Appraisers and Estate Agents, Malaysia.
5 Faculty of Built Environment > Undergraduate Prospectus > 5 Learning Objectives To produce property consultants who are knowledgeable, skilful, socially responsible and able to contribute to the property industry and also abide by the ethical and professional standards and codes. At the end of the programme, graduates are able to: PO1 Apply real estate knowledge in meeting the needs of academia and industries, both locally and globally. PO2 Coordinate and manage various types of landed properties effectively. PO3 Demonstrate social skills and responsibilities in providing property consultancy and valuation services. PO4 Inculcate professionalism in their work ethics in catering the needs of clients, professions and society. PO5 Communicate effectively with members of the construction and financial sector and public at large. PO6 Develop analytical and problem solving capabilities. PO7 Acquire and manage relevant information and knowledge in property consultancy and valuation services throughout challenging property cycle. PO8 Utilise their managerial and entrepreneurial skills in their real estate career. Recognition The Bachelor of Estate Management (Honours) programme, University of Malaya has received recognition from local and international bodies namely the Malaysian Public Service Department, Board of Valuers, Appraisers and Estate Agents (BOVAEA) Malaysia and The Royal Institution of Chartered Surveyors (RICS) United Kingdom.
6 Faculty of Built Environment > Undergraduate Prospectus > 6 ACADEMIC STAFF HEAD OF DEPARTMENT ASSOCIATE PROFESSORS SENIOR LECTURERS Associate Professor Dr. Md. Nasir Daud PhD GIS in Valuation (Newcastle, UK), M.Sc Statistics & Operational Research (Essex) B.Sc Land Management (Reading) Registered Valuer & Estate Agent Room : UD22, Survey Block. Tel: / Dr. Sr Noor Rosly Hanif PhD Planning and Land Development (Dundee, UK) Masters of Land Economy (Property Investment & Development) (Aberdeen, UK) B.Sc (Hons) Estate Management (UiTM), Dip. Estate Management (UiTM) Registered Valuer & Estate Agent Room : UC18, Survey Block. Tel: / Dr. Anuar Alias PhD Property Development and Environment (UM) M.Sc Project Management (USM), B.Surv. (Hons) Property Management (UTM), Dip.Valuation (UTM,) PGCert. of Professional Development (UCONN) Registered Valuer & Estate Agent Room : UD08, Survey Block. Tel: Dr. Sr Wan Nor Azriyati Wan Abd. Aziz PhD Housing and Planning (Dundee, UK) Masters of. Environment (UPM), B.Sc (Hons) Estate Management (UiTM), Dip. Estate Management (UiTM), Registered Valuer & Estate Agent, MISM Room : C11, Built Environment Block. Tel: Dr Sr Rosli Said PhD (Real Estate Finance) (Ulster), M.Sc. Urban Land Appraisal (Reading), B.Sc. (Hons) Land Management (Reading) Dip. Valuation (UTM), MISM Room : UC13, Survey Block. Tel: Sr Yasmin Mohd Adnan M.BA (UiTM), B.Sc. (Hons) Land Management (Reading), FISM Registered Valuer & Estate Agent Room : UD18, Survey Block. Tel:
7 Faculty of Built Environment > Undergraduate Prospectus > 7 LECTURERS Sr Zahiriah Yahya M.Sc. in Facilities Management (UiTM), Bachelor of Estate Management (Hons) (UiTM), Diploma in Estate Management (UiTM), MISM Registered Valuer & Estate Agent Room : UC01, Survey Block. Tel: Sr Hasniyati Hamzah* Masters in Property Law (Aberdeen, UK), B.Sc. Land Management (Reading), MISM Sr Abdul Ghani Sarip M.Sc. Geoinformatics (Geographical Information System) (UTM) B. (Hons) Estate Management (UM), Dip. Valuation (UTM), MISM Room : UD15, Survey Block. Tel: Ainoriza Mohd. Aini* M.Sc. Corporate Real Estate Finance & Strategy (City, UK), B. (Hons) Estate Management (UM) Zairul Nisham Musa M.Sc. Facilities Management (Greenwich), B.Sc. (Hons) Estate Management (Luton), Dip. Valuation (UTM) Room : UD15, Survey Block. Tel: Sr Zulkifli Esha M.Sc. Real Estate Development & Investment (Greenwich) B.Sc. (Hons) Estate Management (Luton), Dip. Valuation (UTM), MISM Room : UD16, Survey Block. Tel: * On study leave VISITING PROFESSOR Professor Gregory Lloyd M.Sc. Rural and Regional Resources Planning (Aberdeen) B.A. (Honours) Economics (Sheffield), FRSA, FIED, FHEA, MRSA, MIAAP Head of School of the Built Environment University of Ulster, Newtownabbey, Northern Ireland.
8 Faculty of Built Environment > Undergraduate Prospectus > 8 EXTERNAL EXAMINERS Professor Graeme Newell Professor of Property Investment University of Western Sydney Fellow of API, FRICS Dr. Rahah Bt. Ismail State Valuation Director, SMS, KMN, FRICS, FISM Ph.D (Property Studies) (University of the West of England, U. K), M. Sc. (Urban Land Appraisal)(Reading), B. Surveying (Hons)(Property Management), UTM ADJUNCT PROFESSOR Dr. Norziha Md Zain B Survey (Prop Mgnt)(UTM), PG Dip (Human Resource Mgnt) (Sheffield Hallam) MSc (Human Resource Mgnt) (Sheffield Hallam), PhD (Management) (UPM) Registered Valuer and Estate Agent Dr. Teoh Poh Huat MBA (Herriot Watt), DBA (South Australia) Registered Valuer & Estate Agent
9 Faculty of Built Environment > Undergraduate Prospectus > 9 PROGRAMME STRUCTURE : BACHELOR OF ESTATE MANAGEMENT (SESSION 2011/2012) YEAR I YEAR II YEAR III YEAR IV TOTAL CATEGORY NO CODE SUBJECT S1 S2 S3 S4 S5 S6 S7 S8 1 BVEV1101 Introduction to Property 4 4 CORE COURSES 106 Credits 85% UNIVERSITY COURSES 18 Credits 15% 2 BVEV1102 Principles of Economics BVEV1103 Legal Studies BVEV1104 Accounting and Financial 3 3 Management 5 BVEV1105 Construction Economics BVEV1106 Property Market Analysis 2 2 PRE- REQUISITE 7 BVEV1207 Property Investment Analysis 3 3 BVEV BVEV1108 Introduction to Town Planning BVEV2209 Methods of Valuation BVEV2210 Property Maintenance 3 3 BVEV BVEV2111 Land Development Law BVEV2212 Urban Land Economics 3 3 BVEV BVEV2213 Investment Valuation 4 4 BVEV BVEV2214 Property Management 4 4 BVEV BVEV2215 Building Legislation 3 3 BVEV BVEV2216 Property Taxation 3 3 BVEV BVEV3217 Business Valuation 5 5 BVEV BVEV3218 Land Acquisition and Compensation 3 3 BVEV BVEV3219 Town Planning Project 3 3 BVEV BVEV3120 Property Finance BVEV3221 Property Development 5 5 BVEV BVEV3122 Corporate Real Estate BVEV3123 GIS and Spatial Analysis BVEV3124 Academic Project I (Research 2 2 Methodology) 25 BVEV4125 Marketing and Business Skills BVEV4126 Ethics and Professional Practice BVEV4227 Advanced Valuation 3 3 BVEV BVEV4280 Academic Project II (Thesis) 4 4 BVEV BVEV4281 Integrated Project 5 5 BVEV3217 & BVEV4282 Corporate Attachment Programme All above 31 Elective Course GXEX1401 Information Skill GXEX1414 Islamic and Asian Civilisation/ 2 2 /1413 Introduction to Malaysia* 34 GXEX1411 Ethnic Relationship Co-Curriculum English English GXEX1412 Basic Entrepreneurship Culture 2 2 TOTAL S TOTAL SUBJECTS Note : * Course offered to non-malaysian students in lieu of Islamic and Asian Civilisation
10 Faculty of Built Environment > Undergraduate Prospectus > 10 PROGRAMME STRUCTURE : BACHELOR OF ESTATE MANAGEMENT (SESSION 2011/2012) COMPONENTS Compulsory University Courses COURSE CODE YEAR 1 (Bachelor of Estate Management) SEMESTER 1 SEMESTER 2 COURSE TITLE COURSE CODE GXEX1401 Information Skill 1 GXEX1412 COURSE TITLE Basic Entrepreneurship Culture English 1 English TOTAL 9 BVEV1101 Introduction to Property 4 BVEV1105 Construction Economics 3 Programme Core Courses BVEV1102 Principles of Economics 2 BVEV1106 Property Market Analysis 2 BVEV1103 Legal Studies 3 BVEV1207 BVEV1104 Accounting and Financial Management 3 BVEV1108 Property Investment Analysis Introduction to Town Planning TOTAL 16 TOTAL COMPONENTS Compulsory University Courses COURSE CODE YEAR 2 (Bachelor of Estate Management) SEMESTER 3 SEMESTER 4 COURSE TITLE COURSE CODE COURSE TITLE GXEX 1414 Islamic & Asian Civilization 2 GXEX 1411 Ethnic Relations 2 4 TOTAL BVEV2209 Methods of Valuation 5 BVEV2213 Investment Valuation 4 Programme Core Courses BVEV2210 Property Maintenance 3 BVEV2214 Property Management 4 BVEV2111 Land Development Law 3 BVEV2215 Building Legislation 3 28 BVEV2212 Urban Land Economics 3 BVEV2216 Property Taxation 3 TOTAL 16 TOTAL 16 32
11 Faculty of Built Environment > Undergraduate Prospectus > 11 YEAR 3 (Bachelor of Estate Management) COMPONENTS COURSE CODE SEMESTER 5 SEMESTER 6 COURSE TITLE COURSE CODE COURSE TITLE TOTAL Compulsory University Courses Co-curriculum 2 Elective Courses 3 5 Programme Core Courses BVEV3217 Business Valuation 5 BVEV3221 Property Development 5 BVEV3218 Land Acquisition and Compensation 3 BVEV3122 Corporate Real Estate 3 BVEV3219 Town Planning Project 3 BVEV3123 GIS and Spatial Analysis 3 27 BVEV3120 Property Finance 3 BVEV3124 Academic Project I (Research Methodology) 2 TOTAL 16 TOTAL YEAR 4 (Bachelor of Estate Management) COMPONENTS COURSE CODE SEMESTER 7 SEMESTER 8 COURSE TITLE COURSE CODE COURSE TITLE TOTAL BVEV4125 Marketing and Business Skills 3 BVEV4126 Ethics and Professional Practice 3 Programme Core Courses BVEV4227 Advanced Valuation 3 BVEV4280 Academic Project II (Thesis) 4 BVEV4282 Corporate Attachment Programme BVEV4281 Integrated Project 5 TOTAL 18 TOTAL OVERALL TOTAL : 124
12 Faculty of Built Environment > Undergraduate Prospectus > 12 PROGRAM CORE COURSES PROPERTY VALUATION BVEV credits INTRODUCTION TO VALUATION This course provides a theoretical foundation for understanding the valuation profession. It presents an overview of property markets and real estate characteristics. It introduces the general approach to valuation and emphasizes the computational skills. 1. define the concepts of real estate, property ownership, valuation theory and the process of valuation; 2. describe the property market and real estate characteristics; 3. clarify fundamental knowledge of real estate and property valuation; and 4. calculate market value using computer and calculator. CS1, LL1 BVEV credits PRINCIPLE OF ECONOMICS This course provides a theoretical foundation of understanding to the land economics course. The course introduces the knowledge in both micro and macroeconomics which covers a range of economic theories and concepts. 1. clarify relevant economic principles; 2. discuss economic principles; and 3. explain the workings of economic factors. CS1, LL1 BVEV 1103 LEGAL STUDIES This course focuses on Malaysian Legal System, tort and contract. It includes the principles and sources of Malaysian law, processes, systems and procedures, common law, statute and equity. This course covers the law of contract (Contracts Act 1950) emphasizing on capacity, consideration, intention to create legal relation and methods of discharging of contracts. It will also include the types of remedies covering damages, specific performance and injunction by making a specific reference to the Specific Relief Act The law of torts includes negligence, duty of care, breach of duty, causation, remoteness, professional negligence, nuisance and trespass to land. 1. explain the Malaysian legal system; 2. identify the principles, sources, processes and procedures of the Malaysian legal system, tort and contract; 3. practise knowledge on the Malaysian legal system; and 4. clarify the principle and procedure of law of tort and contract.
13 Faculty of Built Environment > Undergraduate Prospectus > 13 Continuous Assessment 50% Final Examination 50% CS1, LL1, EM1 BVEV 1104 ACCOUNTING AND FINANCIAL MANAGEMENT This course deals with the concept and basic principles of accounting which include balance sheet, ledger, trading account, and profit-and-loss account. The course also introduces the financial management which provides an understanding on accounting ratio and the application of financial statement. 1. explain the basic principles in accounting and financial management in accordance to accounting standards; 2. clarify the theories, concepts and practice in accounting and financial management; and 3. differentiate various business establishments. CS1, CS2, CT1, LL1, KK1, KK2 BVEV 1105 CONSTRUCTION ECONOMICS This course provides a foundation of understanding to the building components, principles and stages of building construction and building defects. The costing of different components and construction phases are emphasised. The course tests the students ability in comprehending the theories into a studio based coursework, case study and assessment. 1. clarify the building terminology, technology and construction techniques; 2. demonstrate the knowledge of building technology; and 3. determine components and total costs of construction. CS1, CS2, CT1, TS1 BVEV credit PROPERTY MARKET ANALYSIS This course delivers the methodological and technical knowledge of a wide range of analytical methods used in data analysis. It provides the analysis of data in various forms using a variety of qualitative and quantitative tools and techniques. The tools and techniques in this course include methods of grouping, structuring, sampling and presentation of data, tabling, frequency distribution, graphical representation, measures of location and deviation. Basic econometric concepts are introduced and students practise regression analysis and other statistical tools. 1. recognise the statistical methods, covering the use of quantitative and qualitative data analysis; and 2. distinguish methods of data analysis.
14 Faculty of Built Environment > Undergraduate Prospectus > 14 CS1, CT1, LL1 BVEV 1207 PROPERTY INVESTMENT ANALYSIS The course provides an in-depth understanding of various types of property investment, the risk elements in capital investment and anticipated return, capital budgeting and a series of investment analysis techniques for capital budgeting and portfolio analysis, Capital Cost and Capital Structure Policy. 1. explain the principles of real estate investment; 2. demonstrate relevant techniques to analyse investment; and 3. justify the real estate investment decisions. CS1, CS2, CT1, CT2, LL1 BVEV 1108 INTRODUCTION TO TOWN PLANNING This course provides a theoretical understanding of town planning. It is divided into three major aspects: the planning theories and models, the development plan system and the land and property development control system in Malaysia. 1. explain the principles of town planning; 2. clarify statutory requirements in town planning; and 3. discuss the implication of development plans on property development. CS1, LL1, EM1 BVEV credits METHODS OF VALUATION The course introduces the students to methods of valuation and discounting techniques. The course tests student ability to apply the various valuation methods in determining the value of various types of property which include residential property, industrial property, commercial property and agricultural property. Student must be able to demonstrate their capacity to apply the techniques. 1. explain the valuation methods and discounting techniques in determining the market value of different types of property; 2. demonstrate the ability to compute the market value of different types of property; 3. assess market rental for different type of property; 4. discuss various valuation methods; and 5. differentiate the suitability of valuation methods for different types of property.
15 Faculty of Built Environment > Undergraduate Prospectus > 15 CS1, CS2, CS3, CT1, CT2, TS1, LL1 BVEV 2210 PROPERTY MAINTENANCE This course provides a theoretical foundation to understanding building services. The course exposes students to the various components of building services such as plumbing and sanitary systems, mechanical transportation, fire fighting system, communication systems, air conditioning system and security system as well as building automation system. The course will guide the students on the preparation of Defects Report. The course tests the students understanding in comprehending the theories into a studio based coursework and assessment. 1. identify types of building defect, causes and remedies; 2. explain the importance of building maintenance and building services system; and 3. explain the building services system and its operation. CS1, LL1 BVEV 2111 LAND DEVELOPMENT LAW The course provides legislative understanding related to legislations in land development which include the National Land Code 1965, Environmental Quality Act 1974, Environmental Quality Order 1987 and Housing Development Act 1966 (Amended). The course emphasis on the land alienation system in Malaysia, category of land use, amalgamation, subdivision, partition, surrender and re-alienation, land development requirements and regulations, land premium, and sale and purchase agreement. 1. explain the relevant regulatory framework governing land development; 2. relate the development laws to the environmental management aspect of sustainable development; and 3. apply the above knowledge in considering requirements and restrictions to be adhered to in land development procedures. CS1, CS2, CT1, CT2, LL1, EM1 BMEM 2212 URBAN LAND ECONOMICS This course provides an insight into the urban land economics, urban planning and economy. It constitutes a range of urban economic theories and concepts which include characteristics of land and its market, theory of rent and location, urban structure theory and urban growth theory. The second part provides an understanding on the economic approach to urban problems including housing, transportation and their implementation, related issues as well as their impact on the environment.
16 Faculty of Built Environment > Undergraduate Prospectus > explain the aspects of real estate and their relationship to urban economy; 2. clarify the issues of urban development and redevelopment; and 3. understand the economic theory with regard to urban real estate. CS1, CS2, CT1, CT2, LL1, LL2, BVEV credits INVESTMENT VALUATION The course introduces the theoretical investment methods and approaches in determining values of a wide range of interests in investment property. The course will also describe the valuation of respective interests of landlord and tenant for different purposes such as lease purpose, marriage value, and the valuation of premium, surrender and leaseback. 1. explain the principles of investment valuation; 2. apply the principles of investment valuation in determining values of a range of interests in investment properties; 3. relate the principles of investment valuation in determining value of a range of interests; 4. appraise the various interests in investment properties; and 5. determine the marriage value. CS1, CS2, CS3, CS4, CT1, CT2, TS1, LL1 BVEV credits PROPERTY MANAGEMENT The course provides knowledge of principles and theory of management and organisation and their application to an actual management and maintenance exercise of different types of properties such as residential, commercial, retail and industrial properties. 1. define the functions of management and their relation to property management; 2. identify the various roles of a property manager and the scope of work in property management; 3. prepare a property management report; and 4. perform property management. CS1, CS2, LL1, LL2, KK1, KK2, LS1, LS2, LS3
17 Faculty of Built Environment > Undergraduate Prospectus > 17 BVEV 2215 BUILDING LEGISLATION The course offers an insight into legislations related to the building construction and conservation which contains a series of relevant legislations such as the Strata Title Act 1985, the Road, Drainage and Buildings Act 1974, and the Uniform Building By Law 1984, Local Government Act 1976, National Heritage Act 2005, Housing Development Act (Control and Licensing) 1966, Commissioner of Building Act 2007 and Building and Common Property Act explain the specific legal provisions in relation to building; 2. clarify the importance of the different provisions of the law in respect to buildings; and 3. relate various provisions of the building law with relevant current issues. CS1, CS2, CT1, CT2, LL1 BVEV 2216 PROPERTY TAXATION This course provides a core understanding of the relevant legislations related to property taxation. The course constitutes the legislations related to the statutory valuation: Local Government Act 1976, Town and Country Planning Act 1976, Stamp Duty Act 1949, Real Property Gains Tax 1976 and Income Tax Act The second part of this course will introduce valuation practice pertaining to ratings, development charge and notice of purchase. 1. explain the specific legal provisions in relation to property taxation; 2. relate the importance of the different provisions of the law in respect to property taxation and valuation practice; and 3. analyse the market value of different types of properties in relation to property taxation. CS1, CS2, CS3, CS4, CS5, CS6, CS8, CT1, CT2, TS1, TS2, TS3, TS4, TS5, LL1, LL2 BVEV credits BUSINESS VALUATION The course develops application of concept and approaches in determining the valuation of special properties and business assets. The course tests the students competency to determine the values of a range of special properties which include hotels and conference centres, petrol stations and cinemas, theme parks and recreation centres and golf courses, mining and timber concessions and patent rights, franchises, royalties and goodwill. The course commences with an introduction to the purpose and objective of capital valuation and going concern valuation for a range of valuation purposes such as for sale and purchase, tender, financing, insurance and internal company use. 1. explain the concepts and approaches in valuing business properties; 2. determine the market value for various purposes of valuation in relation to business properties; 3. justify the decision on choosing the appropriate method in determining the market value of business properties; 4. value tangible and intangible assets; and 5. specify the appropriate valuation method in valuing various business properties.
18 Faculty of Built Environment > Undergraduate Prospectus > 18 CS1, CS2, CS3, CS4, CS5, CT1, CT2, Ct3, CT4, CT5, TS1, TS2, TS3, TS4, TS5, LL1, LL2 BVEV 3218 LAND ACQUISITION AND COMPENSATION This course provides a core understanding of the Land Acquisition Act 1960 (Amended). The students will be exposed to the land acquisition process: purpose of acquisition, acquisition procedure and the determination of adequate compensation. Students will apply appropriate valuation methods for compensation purposes in accordance to the Schedule 1 of Land Acquisition Act specify the legal provisions in relation to land acquisition and compensation; 2. relate the importance of the land acquisition act 1960 to the valuation practice; and 3. integrate the understanding and reproduce appropriate valuation methods in determining the adequate compensation of different types of properties. CS1, CS2, CS3, CS4, CS5, CS6, CS8, CT1, CT2, CT3, TS1, TS2, TS3, TS4, TS5, LL1, LL2 BVEV 3219 TOWN PLANNING PROJECT The course exposes the students to a more advanced knowledge in the implementation of development plan, development policy, planning standard and regulations. The course emphasises on the understanding of the practical aspect of the planning process, the procedure and legal framework involved in governing the process. The students are examined on the ability to comprehend the above aspects in the property development process. This is a studio based course. 1. specify the legal provisions in relation to land acquisition and compensation; 2. relate the importance of the land acquisition act 1960 to the valuation practice; and 3. integrate the understanding and reproduce appropriate valuation methods in determining the adequate compensation of different types of properties. CS1, CS2, CS3, CS5, CS6, CS8, CT1, CT2, CT3, TS1, TS2, TS3, TS4, TS5, LL1, LL2, LS1, LS2, LS3, LS4
19 Faculty of Built Environment > Undergraduate Prospectus > 19 BVEV3120 PROPERTY FINANCE The course exposes the students to the application of financial theory and policy in real estate sector. The course commences with an understanding of financial institutional framework related to property finance. It also comprises various aspects of securities mortgages. The course concludes with an exposure to relevant legislations governing property finance. 1. explain the concepts of property finance; 2. compare the types of financing, its creation and sources for financing; and 3. determine the lending process, repayment methods and determination of borrower capability. CS1, CS2, CT1, CT2, LL1, KK1 BVEV credits PROPERTY DEVELOPMENT The course commences with an introduction to urban real estate development process. The course will also expose the students to an understanding of the development cycle, structure and agencies in the development, redevelopment, conservation and rehabilitation of city. The final part of this course develops the skills to undertake property market study and assess the feasibility and viability of land development projects. 1. explain the concepts of development and redevelopment; 2. specify the stages involved in land development; 3. assess land development projects using appropriate financial tools; 4. display the skills to undertake property development; and 5. manage a development project. CS1, CS2, CS3, CS8, CT1, CT2, CT3, CT5, LL1, LL2 BVEV3122 CORPORATE REAL ESTATE This course provides an understanding on the concepts of management and planning strategies on operational real estate. The course also includes space planning, maintenance, outsourcing and performance monitoring. 1. explain the role corporate real estate in an organisation; 2. perform strategic decision-making in corporate real estate; and 3. apply strategic planning and manage corporate real estate. CS1, CS2, CT1, CT2, CT3, LL1, LL2
20 Faculty of Built Environment > Undergraduate Prospectus > 20 BVEV3123 GIS AND SPATIAL ANALYSIS The course is divided into two parts: site and building survey, and application of GIS in real estate. The first part provides a theoretical foundation of understanding of principles of land and building surveying and referencing to fulfil the requirement of Malaysian Valuation Standard. Students will have hands-on experience at the field work on the equipment used in land surveying. A studio based task is given for plotting the measurements. The second part introduces GIS application in real estate profession. The course establishes the methods and preparation of data input, range of GIS techniques for data validation and concludes with an exposure to current issues and GIS future in real estate. The course incorporates GIS computer based exercise. 1. Clarify basic principles of surveying measurement techniques and procedures and GIS in the context of its components, functions and spatial analysis; 2. Prepare referencing information, record and calculation to produce site data; and 3. Handle various types of survey instruments and GIS computing. Continuous Assessment 100% CS1, CS2, TS1, TS2, TS3, TS4, TS5, LL1, LS1, LS2, LS3, LS4 BVEV credits ACADEMIC PROJECT I (RESEARCH METHODOLOGY) This course provides basic grounding on how to carry out real estate research. It provides an introduction to the research methodology and research design. 1. conduct literature review; 2. assess the suitability of research methods for different research questions; and 3. produce a research proposal. Continuous Assessment 100% CS1, CS2, CS3, CT1, CT2, CT3, CT6, LL1, LL2, LL3, EM1, EM2, EM3 BVEV4125 MARKETING AND BUSINESS SKILLS This course provides a theoretical foundation of understanding to the knowledge of marketing and business skills in real estate. The course also exposes the students to the principle of marketing and its application to real estate profession in accordance to Malaysian Estate Agency Standards. 1. describe the scope and the principles of marketing; 2. clarify marketing concepts based on real estate practice in accordance to relevant regulations; 3. analyse real estate marketing practice; and 4. practise real estate marketing. CS1, CS2, CS3, CT1, LL1, KK1