ARC 3612 PROJECT MANAGEMENT- PROJECT 1- DEFINING AND DOCUMENTING A RESIDENTIAL CONSTRUCTION PROJECT

architecture . Interior

SCHOOL OF ARCHITECTURE, BUILDING & DESIGN

ARC 3612 PROJECT MANAGEMENT

PROJECT 1:DEFINING AND DOCUMENTING A RESIDENTIAL CONSTRUCTION

PROJECT

TUTOR: AR. BADRUL HISHAM

ANGELINE KON KEE HOOI 0302068CHAN JASMINE 0308513

HELSA JOSEPHINE 0305813LIM SHU YIN 0307795LIM SU YING 0308502

LIM WEI ZE 0305863NICOLE LIM XU TENG 0307814

1.0 COMPANY PROFILE1.1 Introduction1.2 Organisation Chart

2.0 PRELIMINARY STUDY2.1 Project Scope2.2 S.W.O.T. Analysis2.3 Project Viability

3.0 PROJECT MANAGEMENT3.1 Work Breakdown Structure3.2 Pert’s Chart/Gantt Chart3.3 Risk Analysis3.4 Success Criteria3.5 Maintenance Proposal

4.0 DESIGN DEVELOPMENT4.1 Architecture4.1.1 Plans4.1.2 Elevations4.1.3 Elevations (Colour Selection)4.1.4 Sections4.1.5 Site Elevations

4.2 Civil & Structural Engineering4.2.1 Ground Floor Structural Plan4.2.2 First Floor Structural Plan4.2.3 Roof Level Structural Plan4.2.4 Structural Model4.2.5 Calculation of Column Loads and Feasibility4.2.6 Reinforcement of Existing Structure4.2.7 Staircase Details

4.3 Mechanical & Electrical Engineering4.3.1 Electrical System4.3.2 Hot & Cold Water Supply System4.3.3 Sanitary System4.3.4 Rainwater Harvesting System

4.4 Interior Design4.4.1 Case Studies4.4.2 Proposals of Interior Design Styles4.4.3 Furniture Layout Plans4.4.4 Finishes Selection4.4.5 Interior Spaces Overview4.4.6 Interior Openings4.4.7 Interior Fittings

4.5 Landscape Design4.5.1 Concept4.5.2 Conceptual Visuals4.5.3 Proposed Landscaping

4.6 Quantity Surveying4.6.1 Return On Investment4.6.2 Breakdown of Renovation Cost

5.0 REFERENCES

6.0 APPENDIX6.1 Attendance Records6.2 Meeting Agenda6.3 Meeting Minutes

CONTENT

1.1 INTRODUCTIONA young and free spirit design studio established in 2012 that specializes in small residential projects. We aim to achieve the home spirit within the team in every single projects. Running wild in exploring wow inspiration from different elements in daily life.

VISIONTo be creative and distinctive

We dedicated to transform design idea into tangible reality through our professionalism and great passion with a visionary approach. We strive to create unique yet practical design exclusively just for the clients.

1.2 ORGANISATIONAL CHART

1.0 COMPANY PROFILESCOPEArchitecture. Interior Design

We provide full range of services from preliminary feasibility studies and programming, schematic design, design development, contract documents, tendering and construction administration, and finally post-construction services.

LOGOFrom A –Z

Our logo carries the meaning of ourjob scope of covering the project fromhead to toe. Besides, it is also the lastInitials of our founder which is the architect in our company.

C&S ENGINEER

IR. LIM SHU YIN

M&E ENGINEER

IR. ANGELINE KON

QUANTITY SURVEYORSR. NICOLE

LIM

INTERIOR DESIGNERLIM SU YING

LANDSCAPE

ARCHITECT

HELSA JOSEPHINE

ARCHITECTAR. NICK LIM WEI ZE

PROJECT MANAGERCHAN JASMINE

architecture . Interior

2.1 PROJECT SCOPEClient : Ms Fernn Ang

Proposal : Redesigning Compact Living

Objective : To design a comfortable living space that would provide yield enhancement (rental) or capital gain (sale)

Usage type : Residential (long term/short stay)

Market Value : RM420,000; Rental – RM1000 per month, yield of 2.85%

Returns : 1. Capital gains of at least 20% per annum 2. Rental yield of at least 3.5% for long term

Budget : Up to RM100,000

Timeline : Up to 6 months

SITE PLAN

Reference: Project brief from Ms Fernn AngReference: Project brief from Ms Fernn Ang

2.0 PRELIMINARY STUDYLOCATION PLAN

PROJECT DETAILSLOCATION : SS19, Subang JayaPROPERTY TYPE : Double-Storey Link House (End Lot)LAND SIZE : 16’ x 45’TOTAL BUILT-UP : 82.80 m2

2.2 S.W.O.T ANALYSIS

2.0 PRELIMINARY STUDY

TO RENT COMPARISONS FOR SALE

RM1000 - RM1500 RATE RM550,000 – RM600,000

2 Months ESTIMATED CONSTRUCTION DURATION 3 Months

Rental yield of 3.5% based on current market value with

renovation costRETURNS Capital gains of 20% based on current

market value with renovation cost

Regular basis after each rent MAINTENANCE Ends after renovation

PROPOSALS

2.3 PROJECT VIABILITY

HELPFUL HARMFUL

INTERNAL

The house exposes to three faces ( front, back and side) which slows more natural light to penetrate

through. Location of the house is subtle.

EXTERNAL

Rich surrounding context with educational buildings(primary school) and retails. Quiet area might leads to safety issue.

s wo T

COMPARISONS BETWEEN TO RENT AND FOR SALE

DECISION: FOR SALE

1. WITHIN RESIDENTIAL ZONERedesigning the house for young family is a suitable choice as it is within the residential area in SS19. There are shops within walking distance from the house which provides convenience to the buyer. Besides the nearby public primary school is an advantage towards our house.

2. HIGHER RETURNCompare to long term rental basis, getting a buyer can earn a higher percentage of profit within a shorter time. As the colleges and universities are not within the area, renting the unit for students might not be a wise choice. Furthermore, poor public transport system is also the disadvantage for students who do not own a car. Hence, finding a buyer who is looking for permanent stay is a better option.

3. LOW MAINTENANCEThere will be minimal maintenance or even no maintenance needed after the house is sold off as it will be the responsibility of the buyer who is the new owner of the unit. Whereas if the house is being rented out regular maintenance fee will be an expensive cost.

2.0 PRELIMINARY STUDY

PROS & CONS

TO RENT FOR SALE

PROS

1. Easier to get a tenant.2. Lower budget for minor

renovation.

1. Nearby public schools and retail shops.

2. Low or no maintenance.3. Higher return.

CONS

1. No surrounding college or university.

2. Inconvenience of public transport.

3. High maintenance.4. Lower return or no

return

1. Longer time to get a buyer.

2. Higher budget for major renovation.

2.3 PROJECT VIABILITY

Design Stage

Architect Civil & Structure

Schematic Design

Detail Design

Renovation

Pre-Design Stage

Project Brief & Budget Constraints

Scope & Schedule

Site Study & Local Authority Visit

Design Requirement

Feasibility Study

Final Proposal

Schematic Design

Construction Detail Design

Final Proposal

Mechanical & Electrical

Schematic Design

System Detail Design

Interior Design

Layout Design

Selection of Materials &

Fixtures

Landscape Design

Layout Design

Selection of Landscaping

Materials

Quantity Surveying

Preliminary Costing

Cost Breakdown

Post Design Stage

Final Proposal

Submission to Local Authority

Preparation of Tender Documents

Tender

3.1 WORK BREAKDOWN STRUCTURE

3.0 PROJECT MANAGEMENT

3.2 GANTT CHARTCLIENT-CONSULTANT MEETING

Client: Ms Fernn AngProposed House Renovation At Lot PT7632, No. 123, Jalan SS19/6A, Petaling Jaya, Selangor.


Stages Type of Risks Likelihoo

dSeveri

ty Impact Strategy Contingency

PRE-DESIGN

Change of program 3 4Time and effort wasted

in preparing the previous proposal

Prepare new proposal for the new program

Regular meetings and discussions with the client

Misunderstanding of project brief 2 4 Inappropriate design

proposal Understand the project scope and follow the

schedule plannedRegular meetings and

discussions with the client

Reduction of budget 2 4 Team being underpaidTo convince the clientReduce the scope of

projectDesign that is beyond client’s expectation

Cancellation of project 1 5 Losing the project To convince the client Design that is beyond

client’s expectation.

DESIGN

Internal conflict 3 4 Poor performance Project manager to resolve the conflict.

Project manager to build up the teamwork.

Miscommunication between client and

team2 4 Not meeting client’s

requirementDiscussions with client for

clarification of projectUpdate the result of

discussion consistently

Costing error 3 3 Resulting in over budgeting

Considering reducing budget in materials

(replaced with recycled materials)

Detail drawings to be supervised.

Untallied drawings 2 3 Inconsistency in project presentation

Technical meetings within the team to ensure the

consistency before presentation

Regular meetings and discussions with the client

POST DESIGN

Late approval by local authority 2 4 Delay in project Changes for submission

requirementsTo check with the local

authority before finalizing design

3.3 RISK ANALYSIS


Exceeds customer’s expectation by completing the project within three constraints: deadline, budget and quality.

KEY SUCCESS INDICATORS1. Project efficiency- Meeting schedule- Completing within budget2. Impact on the customer- Fulfilling customer’s needs- Meeting functional performance 3. Direct and business success- Immediate revenue and profit enhanced- Larger market share generated4. Preparing for the future- Create new opportunity - Increase capability and competency

A success project is with the help of proper management and planning. Meeting the objective of the project shows the understanding in business drivers and brings satisfaction to the client. Project manager is able to keep track with the objective and improve the whole performance through these measurable regulators.

3.4 SUCCESS CRITERIAA successful project is the one being delivered on time, within budget and meet scope specifications.

1. Understanding the project scope- Redesigning compact living within a budget of RM100,0002. Starting the project with a plan ahead- Gives direction to the team with each responsibilities3. Good communication- Meeting for discussion in regular basis to update the each progress and ensure everyone is on the same path4. Widen resources, skills and knowledge- Research and development in skills for each role in order to produce qualitative outcome5. Well management & control of project- Following the management framework in an ongoing project to ensure success6. Learn from the past mistakes- Improvise and rework from the error


TIME

SCOPECOST

QUALITY

SATISFACTION

SCHEDULEBUDGETVOLUMEQUALITYRE

GULA

TORS

3.5 MAINTENANCE PROPOSALAs the design approach is to redesign the house into a compact living and sell it off instead of renting, a lower maintenance is required compared to rental basis as it will be the buyer’s responsibility to take care of the house. Therefore, much precautions should be taken before handing the house to the client.

ManagementA structured working schedule should be planned in the early stage of the preparation for the project so that each team member will be guided to work according to the flow. Besides, the working environment should be inspiring to boost the member’s productivity during the project.

ArchitectThe architect has to make sure that the house is practical and promising up to the client’s requirement. Besides, he will have to ensure that the extension of the building is according to by-law and did not break any rules and regulations set by the local authority.

C&S EngineerAs the building is extended with a new roof structure, the engineer has to make sure that the building structure can withstand the load from the new added elements. Besides, the engineer has to enhance the existing structure due to lack of maintenance from the previous tenant.

M&E EngineerMostly all the existing system will be renewed for further usage hence the engineer has to make the renewal is done appropriately to avoid accident or leakage. Besides, proposing system that is energy saving could enhance the sale of the house.


Interior DesignerAs the client wanted an easy maintain and minimal look new interior, the designer will have to make sure that the selected design concept is meeting the requirement which is simple yet practical. Besides, as a lot of openings are being proposed to enhance the lighting in the house, privacy of the owner of the house is one of the issues that should be taken care of.

Landscape ArchitectThe landscape designer will have to ensure that the proposed landscape is not only nice to view at, but also easy maintained. The outdoor furniture has to be durable and weather resistance so that it can last long.

Quantity SurveyorCosting is one of the major factor in the project hence it should be calculated as precise as possible according to the constraints set by the client. Furthermore, the surveyor has to make sure that each of the team member is paid accordingly and sufficiently from the project.

4.0 DESIGN DEVELOPMENT

4.1 ARCHITECTURE4.1.1 PLANS


4.1 ARCHITECTURE4.1.2 ELEVATIONS


4.1 ARCHITECTURE4.1.3 ELEVATIONS (COLOR SELECTION)


4.1 ARCHITECTURE4.1.4 SECTIONS


4.1 ARCHITECTURE4.1.5 SITE ELEVATIONS

Existing structural planNew structural plan


4.2 CIVIL AND STRUCTURAL 4.2.1 GROUND FLOOR STRUCTURAL PLAN



4.2 CIVIL AND STRUCTURAL 4.2.2 FIRST FLOOR STRUCTURAL PLAN



4.2 CIVIL AND STRUCTURAL 4.2.3 ROOF LEVEL STRUCTURAL PLAN

Structural model (Front perspective) Structural model (Rear perspective)

New structural members Existing structural members


4.2 CIVIL AND STRUCTURAL 4.2.4 STRUCTURAL MODEL

Column B1, 1Dead load:Roof = 45.55 kNFirst floor = 96.78 kNLive load:Roof = 6.37 kNFirst floor = 9.56 kN

Column C1, 1Dead load:Roof = 18.97 kNFirst floor = 62.82 kNLive load:Roof = 3.21 kN

First floor = 6.45 kN

Column C, 1Dead load:Ground floor = 56.11 kNLive load:Ground floor = 8.33 kN

Ultimate Load of column C, 1Total dead load x 1.4 = 392.3 kNTotal live load x 1.6 = 54.28 kNUltimate load = 392.3 + 54.28

= 446.58 kN

Assumption Fcu = 30N/mm² (concrete strength)Fy = 460N/mm ² (yield strength of reinforcement)Ac = 120mm x 250mm =30000mm ² (Column section area)Asc = 30000 x 2% = 540mm ²

N, capacity of concrete= 0.4 x Fcu x Ac + 0.8 x 540 x 460= 0.4 x 30 x 30000 + 0.8 x 540 x 460= 558.72 kN

Original column size of 120mm x 225mm is sufficient to sustain the new ultimate load.

Transfer of load from the roof to the ground along column B1,1, column C1, 1 and column C,1.


4.2 CIVIL AND STRUCTURAL 4.2.5 CALCULATION OF COLUMN LOADS AND FEASIBILITY

Small cracks restoration & Reinforcing weak walls Jointing new walls

Small cracks found within the existing structure can be restored to its original tensile strength by pressure injection of grout or epoxy into the cracks of the wall. The old structure may require reinforcement for weak walls, in which the same technique is applied through making injection holes on the wall which is to be reinforced. Construction of a new lateral

structure to reinforce existing walls. Connection steels are grouted in drilled holes to create the jointing between the existing structure and the new structure.


4.2 CIVIL AND STRUCTURAL 4.2.6 REINFORCEMENT OF EXISTING STRUCTURE

Cable turnbuckle suspension cable

Cable turnbuckle hinge

Tension cable

Stainless steel U plate welded to tread and wall

Steel pin bolted to tread and wall

Bolt and washer securing the U plate

Open riser treadThreaded washer and bolt support at cable end

Suspension bolt

Bolt securing and attached

Chrome washerBolt

Cable end

Cable anchor that attaches to

to tension cable

steel plate bolted to underside of beam

Cable suspended open riser staircase

Normal staircase supported by masonry wall below

The design of the staircase includes that of a standard concrete stairs with timber finishing and also steps that are cable suspended and mounted to the wall.

The structure is constructed above the masonry walls of the storeroom space beneath the staircase. The cable suspended staircase is securely anchored to the First floor beams as well as the wall.

U-plates grip and supports the tread as they are welded & bolted to the wall. Tension cables support the other side of the treads which also forms the balustrade for the whole staircase.


4.2 CIVIL AND STRUCTURAL 4.2.7 STAIRCASE DETAILS


4.3 MECHANICAL & ELECTRICAL4.3.1 ELECTRICAL SYSTEM



Note: COP 28, Cables installed behind walls (MS 1979:2007)Where cables are installed buried behind walls, they shall be installed horizontally or vertically. i.e. parallel to the edges of the room. Subject to the dimensions of the columns and beams, they shall be within 150 mm from the top of the walls and 150 mm from the edge of the wall



Electrical Schematic Layout

Water Heater

Features:- Sleek and Stylish In-Mould Casing Technology- Stepless Electronic Power Control- IP25 Splash Proof Protection- 1 Touch Shower On / Off Safety Switch Technology - Reinforced 3 Layer Flexi-Hose

Volume : 1000 litersDimensions : 240 X 360 X 70 mmInlet/ Outlet Connection: ø15mm (1/2” BSP)

– Single Point SystemMin. Water Pressure :10 kPaMax. Water Pressure : 380 kPaMin. Water Flow : 2 litres per minuteMax. Water Flow : 8 litres per minute

Hot and Cold Water Supply System Schematic Layout


4.3 MECHANICAL & ELECTRICAL4.3.2 HOT & COLD WATER SUPPLY

Total Water Heater: 3Total Cost : RM 770 x 3 units

= RM2310

Sanitary System Schematic Layout


4.3 MECHANICAL & ELECTRICAL4.3.3 SANITARY SYSTEM

80 Gallon Rainwater Harvesting Tank

The Minister of Housing and Local Government on 7 May 1998 has expressed the Government’s interest for houses to be designed for collecting rainwater. In 1999, the Ministry of Housing and Local Government has produced a Guideline on Installing a Rainwater Collection and Utilization System.

Rainwater is collected from roof of the and filtered before entering below ground rainwater harvesting tank.

The water can then either be pumped either directly to WCs and vehicle jet washes, or to a high level break tank within the house which will then service the non-potable appliances as per normal.

Potential Rainwater From Roof

Roof Yield = Roof Area x Average Annual Rainfall= (32.3+26.7) X 2400mm= 141,600 litres per year

Features:- Made from 100% pre-consumer waste- UV-resistant LLDPE polyethylene- 45% more water than a 55 gallon container- No bisphenol A in our plastic!- Unlimited number of units can be connected in series- Assembly Required- Built-in store/divert diverter valve- Garden hose shut off valve included- Child safe design- The bottom of the diverter box is designed to

accept 4 inch landscape pipe.

Capacity : 80 Galloons (302.8 litres)Dimensions : 711.2 X 711.2 X 1320.8 mmInlet/ Outlet Connection: ø101.6mm diameter (4”)

Cost for tank : RM 764.6100

Cost for drain pipe : RM 69.81

80-gallon Molded Plastic Rain Water Harvesting Tank Schematic Section

Rainwater Harvesting System Schematic Design


4.3 MECHANICAL & ELECTRICAL4.3.4 RAINWATER HARVESTING SYSTEM

Rainwater Harvesting System Layout


4.3 MECHANICAL & ELECTRICAL4.3.4 RAINWATER HARVESTING SYSTEM

Location: Taman Tun Dr Ismail, Kuala Lumpur, Federal Territory of Kuala Lumpur, MalaysiaTerrace 23

GROUND FLOOR PLAN FIRST FLOOR PLAN

Case Study 1

• Linear and narrow layout.

• Double-story unit.

• Family living of design layout.

• Contemporary interior design with simple, raw finishes to outline a clean visual layout, giving an illusion of “enlargement” in space.

HIGHLIGHTS:

• Green building feature – Roof Garden


4.4 INTERIOR DESIGN4.4.1 CASE STUDIES

GROUND FLOOR PLAN FIRST FLOOR PLAN

Case Study 2

Location: Jalan Kaloi, 59100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur.

L 45 – Community Library & Student Housing

• Narrow rooms/ limited spaces.

• Double-story unit.

• Student dormitory interior design

layout.

• Industrial interior design furniture

and fixtures.

• Easy cleaning and maintenance.

HIGHLIGHTS:


4.4 INTERIOR DESIGN4.4.1 CASE STUDIES

• Living Area• Dining Area• Kitchen• Bathroom• Staircase

MOOD BOARD 1 – Ground Floor:

• Bedroom 1• Bedroom 2• Bathroom• Master Bedroom• Master Bathroom

MOOD BOARD 2 – First Floor:

Design Style - Industrial

• CLEAN LINES• FORM FOLLOW FUNCTION• LOWER SITTING FURNITURE• EMPHASIZE NEGATIVE SPACES• HELP SMALL SPACES APPEAR LARGER• NEUTRAL COLOURS• 20 YEARS IN THE FUTURE – “RETRO”

| CONTEMPORARY

| ADVANTAGES

| MINIMALIST• NATURAL LIGHTS TO HIGHLIGHT SPACES

& SHAPES• BARE MINIMUM OF FURNITURE• HIDEEN STORAGE

(CABINETS BLEND INTO WALL)

• SIMPLE & TIDY• VISUALLY ENLARGE SMALL SPACES• EASY MAINTENANCE


4.4 INTERIOR DESIGN4.4.2 PROPOSALS OF INTERIOR DESIGN STYLE

First Floor Plan


4.4 INTERIOR DESIGN4.4.3 FURNITURE LAYOUT PLANS

Ground Floor Plan

Wall Finishes

Floor Finishes

TIMBER STAIR STEPS- Give contrast and warm-up the

cold tone of industrial design.


4.4 INTERIOR DESIGN4.4.4 FINISHES SELECTION

Industrial Cold Series


4.4 INTERIOR DESIGN4.4.5 INTERIOR SPACES OVERVIEW

Ground Floor Plan


4.4 INTERIOR DESIGN4.4.5 INTERIOR SPACES OVERVIEW

First Floor Plan

Large openings are selected to allow more natural light penetration and natural wind to flow into the narrow spaces, it celebrates the realm of industrial design, meantime creating lively and brighter ambience in the house.


4.4 INTERIOR DESIGN4.4.6 INTERIOR OPENINGS

Ground Floor Plan


4.4 INTERIOR DESIGN4.4.6 INTERIOR OPENINGS

First Floor Plan


4.4 INTERIOR DESIGN4.4.7 INTERIOR FITTINGS

Ground Floor Plan


4.4 INTERIOR DESIGN4.4.7 INTERIOR FITTINGS

First Floor Plan

• Ornamental grass• Water feature• Grass• Gravels

LANDSCAPING


4.5 LANDSCAPE DESIGN4.5.1 CONCEPT


4.5 LANDSCAPE DESIGN4.5.2 CONCEPTUAL VISUAL

3D RENDERINGS

Ground Floor Plan

CAR PORCH

LANDSCAPE


4.5 LANDSCAPE DESIGN4.5.3 PROPOSED LANDSCAPING

Minimalist Gate

• Simple design• Complementing the design approach

of industrial design• Not overpowering the façade• Can be constructed from construction

waste

Concrete Tiles

• Non-slip tiles• Suitable for outdoor purposes• Easy maintenance• Complementing the design approach

of industrial design

Bamboo Palm

• Plant type: House Plant• Height: Ranging from 1.7 m to 3m• Leaf Colour: Green• Growth Rate: Average

Water Feature

• 1.7 m in height• Gives a strong sense of nature to

compliment the small area of the landscape

• Provide the sound of nature• Gives a strong aesthetic value• Gives a calm effect through the sense

of hearing

Fake Grass

• Wide range of grass colour shade selection

• Comes in role or tiles; for easier customization of size needed

• Offer a real aesthetic value with a real grass

• Very easy maintenance as watering and trimming is not needed


4.5 LANDSCAPE DESIGN4.5.3 PROPOSED LANDSCAPING

SELL

Property Gains = Selling Price – Acquisition Price

Selling Price = (Acquisition Price + Renovation Cost) x 20% Capital Gain

= (RM420,000 + RM100,000) x 20% Capital Gain

= RM624,000

Property Gains = RM624,000 – RM420,000

= RM204,000

Net Property Gains = Property Gains – Property Gain Tax of 30% – Agency Fee of 2% – Legal Fee of 1% & 0.7%

= RM204,000 – (RM204,000 x 30%) – (RM624,000 x 2%) – (RM150,000 x 1% + RM474,000 x 0.7%)

= RM204,000 – RM61,200 – RM12,480 – RM4818

= RM125,502

Selling of property would obtain a net property gain of RM125,502 at its minimum. Depending on which year the property is being sold, the longer it takes to sell the property, the lower the percentage of property gain tax.

Thus, selling of property is viable for this project.


4.6 QUANTITY SURVEYING4.6.1 RETURN OF INVESTMENT

Rent For Short Stay

Rental Yield Per Annum

= [(Rental Per Year – Maintenance Fee of 10%) / (Acquisition Price + Renovation Cost)] x 100%

According to rental yield per annum of 6.5%,

Rental Per Year

= [(6.5 /100) x (RM420,000 + RM100,000) x 110%]

= [RM33,800 x 110%]

= RM37,180

Occupied Period

= Rental Per Year After Renovation / Rental Per Night

= RM37,180 / RM300

= 124 days

= 1/3 of a year

In order to obtain a rental yield per annum of 6.5% for short stay, the rental per year ought to be at the value of RM37,180 and the occupied period per year is 124 days, which is equivalent to 1/3 of a year. The number of short or long holidays per year is only about 7 times. It means that the probability of the house being rented for short stay would only be about 7 times per year.

7 times x Average of 3-day stay= 7 times x 3 days x RM300 = RM6,300

Thus, renting the house for short stay is not viable for the project.

Rent For Long Term

Rental Yield Per Annum

= [(Rental Per Year – Maintenance Fee of 10%) / (Acquisition Price + Renovation Cost)] x 100%

According to rental after renovation of RM1500 per month,

Rental Per Year = RM1500 x 12 months

= RM18,000

Rental Yield Per Annum= [(RM18,000 – RM1800) / (RM420,000 + RM100,000)] x 100%

= 3.1%

According to rental yield per annum of 3.5%,

Rental Per Month

= [(3.5 /100) x (RM420,000 + RM100,000) x 110%] / 12

= [RM18,200 x 110%] / 12

= RM20020 / 12

= RM1668

In order to obtain rental yield per annum of 3.5% for long term stay, the monthly rental ought to be at the value of RM1668. As compared to the current rental value of RM1500, the difference is only RM168.

Thus, renting the house for long term is viable for this project.


4.6 QUANTITY SURVEYING4.6.1 RETURN OF INVESTMENT

4.0 DESIGN DEVELOPMENT4.6 QUANTITY SURVEYING4.6.2 BREAKDOWN OF RENOVATION COST


Superstructure19%

Interior19%

Mechanical and Electrical

11%Water Supply2%

Sanitary System12%

Landscape4%

Other11%

Consultant Fees23%

The total renovation cost for this project is RM142,651.10, inclusive of furniture and fixture. Excluding furniture and fixture, the total renovation cost would be RM130,651.10.Renovation Cost


5.0 REFERENCESArya, Anand S. Guidelines For Earthquake Resistant Non-Engineered Construction. Tokyo, Japan: International Association for Earthquake Engineering, 1986. Print

Aquabarrel. (n.d.). Overview of ALL Complete Rain Containment Kits. Retrieved October 11, 2015, from http://www.aquabarrel.com/product_rain_barrel_complete.php

Board of Engineers. (2005, July 19). A Guide to Engineering Practice for M&E Engineers. Retrieved September 14, 2015, from http://www.bem.org.my/v3/pdf/circulars/Guide%20M&E.pdf

Cawangan Kejuruteraan Mekanikal, JKR. (2011). Mechanical System Design and Installation Guidelines for Architects and Engineers. Retrieved October 10, 2015, from https://www.jkr.gov.my/cawmekanikal/Dokumentasi/Garis%20Panduan/Garispanduan%20Arkitek%20dan%20Jurutera.pdf

Joven. (n.d.). Instant Water Heater- i-Series. Retrieved October 10, 2015, from http://www.jovenelectric.com/product_details.php?p_id=81&category_id=2&series_id=5

Rainharvesting Systems. (2005, March 31). Rainharvesting Systems. Retrieved October 10, 2015, from http://rainharvesting.co.uk/pdfs/Domestic%20Indirect%20system.pdf

Rosly, B. (2014, September 23). Real Property Gains Tax in Malaysia. Retrieved from Ringgit Plus: https://ringgitplus.com/en/blog/Personal-Finance-News/Real-Property-Gains-Tax-in-Malaysia-What-Who-Where-and-How-Much.html

Unknown. (2014, November 17). Calculating Rental Yield and ROI. Retrieved from Property Guru: http://www.propertyguru.com.my/resources/for-rent-guide/calculating-rental-yield-and-roi?gclid=Cj0KEQjw-b2wBRDcrKerwe-S5c4BEiQABprW-L4821cuEcatzTzqLeRIPRS8pknUi02zHPupKvfdGMsaApOb8P8HAQ

Unknown. (2015, September 25). Building Materials Price. Retrieved from CIDB Malaysia: http://www.cidb.gov.my/cidbv4/index.php?option=com_content&view=article&id=184&Itemid=328&lang=en

Unknown. (2015, October 2). Calculation Method (Legal Fees). Retrieved from eLawyer: http://www.elawyer.com.my/legal_calculator_info.php

Unknown. (2015, September 20). Preliminaries Rates. Retrieved from Quantity Surveyor Online: http://quantitysurveyoronline.com.my/preliminaries-rates.html

Unit Perancang Ekonomi, Jabatan Perdana Menteri Malaysia. (2005). Garis Panduan Dan Peraturan Bagi Perancangan Bangunan Oleh Jawatankuasa Kecil Piawaian Dan Kos Bagi Jppn Jabatan Perdana Menteri. Retrieved September 14, 2015, from http://www.jpph.gov.my/V2/pdf/GarisPanduanBangunan.pdf

6.0 APPENDIX6.1 ATTENDANCE RECORDS

6.0 APPENDIX6.1 ATTENDANCE RECORDS

6.0 APPENDIX6.1 ATTENDANCE RECORDS 6.2 MEETING AGENDA

6.0 APPENDIX6.3 MEETING MINUTESCLIENT-CONSULTANT MEETING 1









Education

ARC 3612 PROJECT MANAGEMENT- PROJECT 1- DEFINING AND DOCUMENTING A RESIDENTIAL CONSTRUCTION PROJECT