Course Title: Introduction to Property Development

Part A: Course Overview

Course Title: Introduction to Property Development

Credit Points: 12.00


Course Code




Learning Mode

Teaching Period(s)


City Campus


325H Property, Construction & Project Management


Sem 2 2011,
Sem 2 2012,
Sem 2 2013,
Sem 2 2014,
Sem 2 2015,
Sem 2 2016,
Sem 2 2017,
Sem 1 2018,
Sem 2 2018


Singapore Inst of Management


325H Property, Construction & Project Management


Offsh1 14,
Offsh3 14,
Offsh1 15,
Offsh3 15,
Offsh1 16,
Offsh3 16,
Offsh1 17,
Offsh3 17


Voc Training Ctre of Hong Kong


325H Property, Construction & Project Management


Offsh1 16

Course Coordinator: Hyemi Hwang

Course Coordinator Phone: +61 3 9925 0412

Course Coordinator Email:

Course Coordinator Location: 8.8.12

Pre-requisite Courses and Assumed Knowledge and Capabilities

You should have satisfactorily completed the prerequisite course OMGT2214 Valuation & Property Principles before you commence this course.

Course Description

This course will introduce you to property development. The course will focus on the different stages of property and cover the activities of the various property stakeholders during the property development process.
Topics covered include:

  • Introduction to the property development process
  • Identification and acquisition of land for development
  • Overview of property development funding and financial structures
  • Managing construction and completion process.

Objectives/Learning Outcomes/Capability Development

The specific capabilities you will develop and be assessed on in this course are

1 Determine and apply knowledge of complex property and valuation theory to your professional practice and/or further study
2 Professionally communicate to a range of audiences, demonstrating in depth knowledge of the discipline and of the needs of diverse property and valuation stakeholders
3 Apply logical, critical and creative thinking to analyse, synthesise and apply theoretical knowledge, and technical skills, to formulate evidenced based solutions to industry problems or issues
4 Utilise appropriate methods and techniques to design and /or execute research based or professionally focused property or valuation projects, demonstrating capacity for independent and collaborative learning, addressing real world industry issues
5 Collaborate effectively with others and demonstrate intellectual independence and autonomy to solve problems and/or address industry issues and imperatives
6 Critically examine and reflect on the profession , in local and/or global contexts, and question accepted interpretations and decision making

Upon successful completion of this course you will be able to:

  • Describe the process of property development and reflect on local and global practice 
  • Apply property development techniques to assess land for development opportunities
  • Evaluate the impact of equity and debt on property development options
  • Identify the development risks for property stakeholders
  • Develop promotion and marketing plans for the disposal of a completed property development

Overview of Learning Activities

Your understanding of property development process will be further developed through class activities and individual and/or group assignments which will include a focus on analysis and report skills required to work within the property development sector.

Overview of Learning Resources

RMIT will provide you with resources and tools for learning in this course through our online systems. The learning resources for this course will be communicated to you during the semester.

Overview of Assessment

You will be assessed on how well you meet the course’s learning outcomes and on your development against the program learning outcomes. Assessment may include, but is not limited to, assignments and tests. Feedback will be provided throughout the semester in class and/or online discussions, through individual and group feedback and by individual consultation.

If you have a long term medical condition and/or disability it may be possible to negotiate to various aspects of the learning or assessment methods. You can contact the program coordinator or the Disability Liaison Unit if you would like to find out more. An assessment charter ( summarises your responsibilities as an RMIT student as well as those of your teachers.

Your course assessment conforms to RMIT assessment principles, regulations, policies and procedures which are described and referenced in a single document:;ID=ln1kd66y87rc