A developer has requested your advice for the selling price per sg.m. of flats in an area of your choice. You should retrieve 20 asking prices for residential flats in your preferred area from agents' websites. Proceed with all necessary adjustments and estimate a value per sg m, for a typical 2 bedroom flat that he is aiming to build. Additionally, retrieve asking rental prices for the same area and proceed with the necessary adjustments in order to estimate the ARY. Present your analysis and the way of thinking in 500 words and also support your opinion with an excel table showing your adjustments.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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A developer has requested your advice for the selling price per sg.m, of flats in an area
of your choice. You should retrieve 20 asking prices for residential flats in your preferred
area from agents' websites. Proceed with all necessary adjustments and estimate a
value per sg.m, for a typical 2 bedroom flat that he is aiming to build. Additionally,
retrieve asking rental prices for the same area and proceed with the necessary
adjustments in order to estimate the ARY. Present your analysis and the way of
thinking in 500 words and also support your opinion with an excel table showing your
adjustments.
Transcribed Image Text:A developer has requested your advice for the selling price per sg.m, of flats in an area of your choice. You should retrieve 20 asking prices for residential flats in your preferred area from agents' websites. Proceed with all necessary adjustments and estimate a value per sg.m, for a typical 2 bedroom flat that he is aiming to build. Additionally, retrieve asking rental prices for the same area and proceed with the necessary adjustments in order to estimate the ARY. Present your analysis and the way of thinking in 500 words and also support your opinion with an excel table showing your adjustments.
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