#TITLE_ALTERNATIVE#

• Main Author: (19004100), FARHAN
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/7875
• Institution: Institut Teknologi Bandung

This business plan is about Indonesia Future Property (IFP) Limited Company who is planning to develop a real estate project called Cigadung Green Estate (CGE) in North Bandung as they first project. This business plan will be used to get investors for start up capital. <br /> <br /> <br /> <br /> <br /> Cigadung Green Estate is a middle up housing project that has environment concept by having large green site, green architectures, friendly materials and using environment technology. <br /> <br /> <br /> <br /> <br /> Location plays an important role in determining quality of real estate. CGE is located in Cigadung which is near to the city centre. CGE site is positioned in a green valley so we can feel fresh air and healthy environment. There is also incredible attractiveness such as Cidurian River, natural spring water, views to mountain light, golf court and natural green site. <br /> <br /> <br /> <br /> <br /> CGE has 3 clusters to deliver a convenience by optimization site attractiveness. Each cluster has different market. Mini Apartment (Miniment) is for students who come from other cities and also for employees who work in Bandung. Miniment used as secondary place living so the price should be affordable. Next is Green Cluster for family as primary living place. Last is Villa Sungai for relaxing place. <br /> <br /> <br /> <br /> <br /> Needs for housing in North Bandung is very high after several famous universities held private test and after Cipularang Highway operated. These two aspects are primarily encouraging Bandung City to grow faster, especially in housing needs. About 6,058 new living places, whether is primary living or secondary living places, are needed in North Bandung per year. Many new living properties are built in last three years in North Bandung. They are still looking for more new projects because they known that housing demand is higher than the supply. <br /> <br /> <br /> <br /> <br /> Cigadung Green Estate has a payback period for investor in 21 months and the return for investors is 28.69 percent in two years. This return is high and low risk because the money will be used for land relocations and used 20 percent discount rate. <br /> <br />