Tagor | Real Estate Management

Based on the site-specific conditions to be considered, several real estate development management solutions should be explored:

This would include completion with revisions that would play a role in improving the marketability, functionality and sustainability of unfinished developments.
For example, changes to land use range and mix urban or landscape structure or form, movement and access, building typologies or design
Units’ sizes could be changed to provide housing which is more in line with the market demand.

Consolidation of any completed or near-completion elements of the development with significant alternations to uses and/or built form of the remaining incomplete element (e.g. switch between residential, offices, commercial)

A phase or element of the originally planned and permitted development can be satisfactorily completed in isolation from the remainder of the scheme.
The remaining unfinished element should be restored to an acceptable state (functionally, visually and safety-wise). It may be necessary to rectify existing problems such as sanitary, drainage, roads, lighting and the landscape/open space.
This would also improve the image of the development and assist in restoring consumer confidence to purchase currently vacant units.

Opportunities for significant change will be limited given the urban context and predominant residential use, which may decrease the possibilities in the management of the real estate.