Optimally Using Land's Potential through Redevelopment

Public housing redevelopment allows using land at its fullest potential. Through this project, old stock on the land is upgraded, additional affordable houses are added to GHB's inventory, and the remaining FSI will be used and sold in the free market by the developer. The project is optimally viable with 36% of IRR and 265% of RoI. Considering the involvement of multiple stakeholders as it is a complex redevelopment project, it is still financially adequate enough if tripartite negotiations are done strategically.