Week 5 - Market Appraisal for Building Development

Market Analysis

Group Practical

The market is an essential important in the group of consumers or organisations that is interested in the building development and has the resources to purchase it, and who are permitted to acquire it. In this market appraisal, it was classified into two analysis which were PESTLE and SWOT analysis.

PESTLE Analysis

PESTLE Analysis

PESTLE is an acronym for Political, Economic, Social, Technological, Legal and Environmental. It is a useful tool for understanding market growth or decline in the building development. Besides that, it can help me to analyse the external building development environment. Furthermore, it can help me to find out the opportunities and minimize the threats in the building development. Though the this method, I can control and avoid my failure of the beginning building development.

SWOT Analysis

SWOT Analysis

SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats. It is an extremely useful tool for understanding and decision making for all categories of situations in the building development. It is similar same as PESTLE analysis to minimize threats and take the greatest possible advantage of opportunities available in the building development. Hence, I can clearly and understand of my competitor, which can give me the insight need to craft a coherent and achieve competitive position.

Pallet Wall

Please visit my group pallet wall presentation to get more detail information about the proposal of redevelopment project which located at 102 Matilda Street, Sheffield S1 4QF by scanning the QR code or website link shown below:

Website : http://padlet.com/Tsiang/proposal