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Technical Due Diligence for Property Development

Asia Civil were engaged to complete a full technical and commercial due diligence and provide delivery recommendations for this partially completed development in Batam.

The development scheme included six residential towers (2,700 apartments), a hotel, basement parking, commercial spaces, surrounding infrastructure, common facilities and recreational amenities.

Asia Civil worked in collaboration with Cushman & Wakefield (marketing and sales assessment) and WT Partnership (quantity surveying) to complete this engagement.

Subsequently Asia Civil undertook a preliminary Value Engineering exercise to explore cost and time saving opportunities, including the application of innovative construction technologies.

Key Features:

• Asia Civil deployed seven staff to the project site to conduct a site appraisal (progress and quality) of development work completed to date.

• A full procurement assessment was undertaken on all items installed, delivered and under manufacture.

• Asia Civil prepared a preliminary Project Completion Plan.

• Asia Civil prepared a detailed estimate of cost, time and cashflow to complete the project.

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