Financial model improvement in high-rise building projects : a case study of the Grand Manhattan Project in Vietnam | |
| Author | Doan Van Huy |
| Call Number | AIT Proj. no.MPM-CM-23-15 |
| Subject(s) | Tall buildings--Finance--Vietnam--Case studies Feasibility studies--Vietnam--Case studies |
| Note | A project submitted in partial fulfillment of the requirements for the degree of Master of Engineering (Professional) in Construction Engineering and Infrastructure Management |
| Publisher | Asian Institute of Technology |
| Abstract | The Feasibility Study, titled "A Case Study of The Grand Manhattan Project" represents a rigorous examination of the viability and potential outcomes of a proposed project. This study is a culmination of 3.5 months of comprehensive research and analysis, conducted as part of my academic program at the esteemed Asian Institute of Technology (AIT). The project aims to analyze the original Feasibility Study and updated Feasibility Study in order to get lessons learned and propose recommendations for improving the financial performance of similar real estate projects in high-rise buildings in the future. The findings of this study indicate that the key financial indicators, such as internal rate of return, net present value, revenue, and cash flow, have been analyzed to provide the owner with a clear understanding of the project's financial performance. These analysis results offer a critical understanding of the project's feasibility, potential challenges, and opportunities, such as construction delays, changes in Covid-19 and economic conditions, and increasing bank loan rates. The outcomes of this study hold considerable importance in the context of current stagnant real estate. The results of this study are essential for investors and project managers who seek to minimize risks and optimize financial performance for similar high-rise building projects in the future. In summary, this Feasibility Study reflects AIT's commitment to fostering academic excellence and contributing to informed decision-making. It is anticipated that the insights presented herein will serve as a valuable resource for individuals and organizations seeking to make informed decisions regarding high-rise real estate development in the future. |
| Year | 2023 |
| Type | Project |
| School | School of Engineering and Technology |
| Department | Department of Civil and Infrastucture Engineering (DCIE) |
| Academic Program/FoS | Construction Engineering and Infrastructure Management (Professional Master) (MPM-CM) |
| Chairperson(s) | Hadikusumo, Bonaventura H. W.;Chotchai Charoenngam (Co-chairperson) |
| Examination Committee(s) | Sakul Pochanart;Wasan Teerajetgul |
| Degree | Project (M. Eng.) - Asian Institute of Technology, 2023 |