In 2016, a national study announced that most families in the Suva Nausori area were living in squatters. The Fale Authority was given the task of identifying locations in the Suva Nausori corridor to build family homes suitable for families living in squatters. The six housing development projects are currently dominating the Davuilevu 3A, Raiwaqa, Vatuwaqa, Delainavesi, Lakena and Samabula. These six projects each started with 100 homes, have sold all of them, and are currently developing phase 2.
As one of the three partners and real estate agents of Homes Development Real Estate, it is your
responsibility to analyze the information concerning the past 600 home sales and choose which
development project to focus on for selling homes in phase 2.
Because your real estate firm is so small, you and your partners have decided that the firm should
focus on selling homes in only one of the development projects.
From the Fale Authority you have obtained a spreadsheet file that contains information
concerning each of the sales for the first 600 homes. It contains the following fields:
It is your responsibility to analyze the sales list and prepare a report that details which housing
development project your real estate should focus on. Your analysis should cover as many
angles as possible.
1) You do not know how many other real estate will also be competing for sales in each of the
housing development projects
2) Phase 2 for each housing development project will develop homes similar in style, price
and square footage to their respective first phases.
3) As you consider the information provided to you, think in terms of what information is
important and what information is not important. Be prepared to justify how you approach
4) Upon completing your analysis, provide concise, yet detailed and thorough documentation
(in narrative, numeric, and graphic forms) that justifies your decision.