A feasibility study evaluates the practicality of a proposed property development project or municipal precinct plan.
These investigations focus on whether the intended project will be suitable for the proposed location. As such, factors such as surrounding land-uses, accessibility, traffic volumes, and municipal plans are considered and analysed.
A feasibility study is concerned with examining the impact the project may have on the local community and vice versa.
This project approach contains the following:
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Land-use rights investigation
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Review of municipal planning documents
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Socio-economic data extraction & analysis
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Visit to site & surrounding areas