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Estate Agent's Examination Part 1&2

BOVAEP Diploma in Estate Agency (VAL)

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Estate Agent's Examination Part 1&2 > Archive for 2.1 Land Econ (Page 2)

Category: 2.1 Land Econ

Alonso’s Original Publication 1960

18/03/2015 Thomas Sim PEA2066

Q.What exactly is Alonso’s Urban Land Market theory? A.The original text by Professor William Alonso published in Proceeding of the Regional Science Association, 1960 is extracted here. Ref:Alonso, William. 1960. Read More …

2.1 Land Econ2.1

Urban Land Use Models

17/03/2015 Thomas Sim PEA2066

Q. Give a summary of various urban land use models. A. An extract from Jean-Paul Rodrigue (2013) Chapter 6 is verbatim below. 2. Urban Land Use Models The relationships between transportation Read More …

2.1 Land Econ2.1

Urban Land Use Theories

16/03/2015 Thomas Sim PEA2066

Q.List out the common urban land use theories. A. Ref:Slides. Chapter 5 Urban Land Use Theories, 6th Year Geography, available athttp://www.lcgeography.preswex.ie/uploads/6/9/4/9/6949966/chapter_5_urban_land-use_theories.ppt

2.1 Land Econ2.1

Alonso’s Bid Rent Theory

16/03/2015 Thomas Sim PEA2066

Q.b) Explain the relation of land rent and distance quoted by Alonso and support your explanation with a sketch graph. (10 marks) A. The bid rent theory is a geographical Read More …

2.1 Land Econ2.1

Land Market Demand and Supply Q1

08/02/2015 Thomas Sim PEA2066

Q. a) Explain the relationship of demand and supply factors to the land market. (10 marks) b) Explain the characteristics of land market. (10 marks) (20 marks, 2013 Q1) A. Read More …

2.1 Land Econ, 2013 D07 LEc2.1

Von Thunen & Multiple Nuclei Q2

08/02/2015 Thomas Sim PEA2066

Q. With the aid of diagrams briefly explain and analyse the following theories: a) Von Thunen concept. (10 marks) b) Multiple Nuclei Theory. (10 marks) (20 marks, 2013 Q2) A. Read More …

2.1 Land Econ, 2013 D07 LEc2.1

Urbanization Issues Q3

08/02/2015 Thomas Sim PEA2066

Q. a) Explain five (5) major factors that contribute to the rapid urban development. (10 marks) b) Explain five (5) recommended solutions to overcome urbanization problems. (10 marks) (20 marks, Read More …

2.1 Land Econ, 2013 D07 LEc2.1

Factors determining ROI in Property Development Q4

08/02/2015 Thomas Sim PEA2066

Q. a) Describe and explain THREE (3) differences between Short-term finance and Long-term finance in property development. (10 marks) b) Explain the factors to be considered in determining the return Read More …

2.1 Land Econ, 2013 D07 LEc2.1

Bridging urban and rural areas Q5

08/02/2015 Thomas Sim PEA2066

Q. Explain four (4) examples of the present strategies that are implemented in the regional development corridors to bridge the gap between urban and rural areas in Malaysia. (20 marks, Read More …

2.1 Land Econ, 2013 D07 LEc2.1

Government Intervention in the Construction Industry Q6

08/02/2015 Thomas Sim PEA2066

Q. Discuss four (4) significant of government intervention in the construction industry. (20 marks, 2013 Q6) A. This is a common question and usually appears on Q6. Similar questions were Read More …

2.1 Land Econ, 2013 D07 LEc2.1

Transportation and Land Economics Q7

08/02/2015 Thomas Sim PEA2066

Q.Explain the following: a) Four (4) factors influencing demand for transport. (10 marks) b) Four (4) factors influencing demand and supply of housing. (10 marks) (20 marks, 2013 Q7) A.The Read More …

2.1 Land Econ, 2013 D07 LEc2.1

Government Initiatives in solving housing problems Q8

08/02/2015 Thomas Sim PEA2066

Q. List down five (5) of the government initiatives towards solving the housing problems in the cities and assess the advantages and disadvantages of these initiatives. (20 marks, 2013 Q8) Read More …

2.1 Land Econ, 2013 D07 LEc2.1

Ricardo’s Theory of Rent

20/09/2014 Thomas Sim PEA2066

Q. Illustrate Ricardo’s theory of rent and the assumptions. A. Ricardo in his theory states the Law as follows: “That portion of the produce of earth which is paid to Read More …

2.1 Land Econ2.1

Investing in Residential v Commercial Properties

20/09/2014 Thomas Sim PEA2066

Q. What are the benefits of investing in commercial properties versus residential properties? A. Read risk and return of commercial properties versus residential properties here. The following article is extracted Read More …

2.1 Land Econ2.1

Cooling Measures to Curb Speculation

20/09/2014 Thomas Sim PEA2066

Q. Discuss the various measures by government to curb speculation in property market. A. Refer write up on Views on Property Cooling Measures. Over the last 5 years, the government Read More …

2.1 Land Econ2.1

GTP (Government Transformation Programme)

13/09/2014 Thomas Sim PEA2066

Q.Briefly explain the GTP (Government Transformation Programme). A.On 28 Jan 2010, the detailed roadmap of Malaysia Government Transformation Programme (GTP) was unveiled. This GTP roadmap is crucial to catch up Read More …

2.1 Land Econ2.1

Open Market v Force Sale

04/09/2014 Thomas Sim PEA2066

Q. Would it be more expensive if property is traded in open market? Is the cost higher?  

2.1 Land Econ, Investment2.1, 2.3, 2.5

Ricardo’s Theory of Rent Q2

09/08/2014 Thomas Sim PEA2066

Q.c) Illustrate Ricardo’s theory of rent and the assumptions. (10 marks) (10 marks, 2012 Q2c) A.Ricardo in his theory states the Law as follows: “That portion of the produce of Read More …

1.3 Economics, 2.1 Land Econ1.3, 2.1

Land (real estate) Development Process

25/07/2014 Thomas Sim PEA2066

Q. In as much detail as possible, explain the land development process in Malaysia. A. Read Planning Structure in Malaysia here. LAND DEVELOPMENT PROCESS IN MALAYSIA Looking from the Malaysian Read More …

2.1 Land Econ, TCPA19762.1, 2.4

Land Development Process

25/07/2014 Thomas Sim PEA2066

Q.In as much detail as possible, explain the land development process in Malaysia. A.LAND DEVELOPMENT PROCESS IN MALAYSIA Looking from the Malaysian land administrative perspective, land development in Malaysia simply Read More …

2.1 Land Econ, National Land Code2.1, 2.4

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