Client

Investment Arms Of Insurance Companies

Products & Services

• Site Assessment 
• Preliminary Business Planning
• High-level Financial Model

Description of Project

Client

The client operates as the investment division within an insurance company with the core objective is to optimise returns on these funds by strategically diversifying their portfolio, encompassing bonds, equities, real estate holdings, and alternative investments. 

Background

The Client s desirous to develop a land parcel in Bukit Jambul, Penang of size approximately 2.25 acre into a mixed development with retail and wellness components. 

We have been appointed to provide consultancy support to secure the necessary rezoining approval from the State Planning Council (SPC).

Challenges & Expectations

High-level financial and business planning for the proposed mixed commercial development is required to obtain approval for rezoning from the State Planning Council (SPC)

Our Role on the Project

Scope of Services

To develop a high-level financial and business planning for mixed commercial development in Penang.

Solutions / Outcomes Delivered

• Site assessment conducted for baseline development profile and existing development plan were reviewed.
• Development philosophy and components were defined.
• Developed wellness business options, which components including Senior Active Living / Retirement Homes, Wellness Center that includes Geriatric Care, Aged Nursing Care, etc.
• Short- to medium-term business plan formulated.
• Financial model built to quantify project cost and benefits. 
• Estimated gross profit, net operating profit before tax, free project cash flow over 20 years
• Estimated financing requirements and investment outlay of the project
• Estimated net present value (“NPV”), internal rate of returns (“IRR”), Return of Investment (“ROI”), and break-even point.