Land premiums amounted to HK$65.5 billion ($8.4 billion) in the 2010–2011 financial year, making up 17.4 percent of receipts; stamp duty from property sales made up another 6.5 percent, meaning 24 percent of government income came from property deals. The capital-intensive nature of the practice of land premiums means that the well-capitalised and established players in the industry are favoured. It has been speculated that civil servants from the Lands department have incentive to offer deals amenable to major developers, as many find ready employment and also professional afterlife with the major developers. The advantages of a robust marketing strategy, similar to what you would find in our business plan template designed for real estate development, are numerous. It helps you use your budget wisely, directing your marketing efforts where they have the greatest impact. It distinguishes your development in a crowded market by clearly communicating its unique selling points—whether that’s eco-friendly design, luxury amenities, or prime location.
- Most people looking to rent a high-end property are expats, international investors, or vacationers who are looking for a short rental or a long-term rental.
- I like that there are a ton of modules to choose from, whether it’s basics like property search, calls to action, and contact information popups or extras like testimonials, a mortgage calculator, and featured listings.
- The maximum loan amount obtained for this project is equal to the total development cost multiplied by the loan-to-cost percentage.
- We boast decades of cumulative experience as a real estate development company in Texas.
- It could also be when you expect to expand your real estate development business to a new city.
We delved into the industry reputation of each company by examining customer reviews and recognizing any industry awards they may have acquired, which are often a testament to excellence in