Pitfalls to know before your project starts: don’t miss out on ‘a hundred million’

Large land parcels in Auckland, and across New Zealand, are becoming increasingly sought-after and expensive for one reason: their subdivision and development potential. Yet the process of subdividing and developing land is complicated and demanding, far beyond what ordinary investors and developers can readily manage. The land subdivision seminar series jointly presented by YIJU New Zealand and the New Zealand Chinese Building Industry Association is designed to provide comprehensive guidance across disciplines and project stages for investment, property and construction professionals interested in subdivision. 

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The seminar series, ‘The golden age of subdivision for everyone: can anyone manage a land subdivision?’, has already held two successful sessions, attracting more than 350 attendances from New Zealand’s property, construction and related industries. The practical, focused content has provided valuable guidance and received an enthusiastic response from audiences. The seminars have also offered opportunities to meet professionals across the industry and access further relevant resources.

On 10 December, the series will hold its final session, shifting the focus to the later stages of land development projects. Experienced professionals with many years in planning, design, engineering and marketing for land development and construction will explore ‘Later project stages: interpreting policy, urban planning, engineering approvals, marketing and case studies’. They will introduce key steps in the later stages of a project through shared experience and practical case analysis. As with the previous two sessions, the aim is to give industry attendees practical guidance, helping them participate more effectively in the subdivision boom and achieve the best returns from their projects.

The main areas covered in this seminar are:

• How to benefit from the second-term Labour Government’s large-scale housing development drive

The widespread enthusiasm for subdivision ultimately rests on analysis and expectations of the new Labour Government’s housing construction policies. So how can you take advantage of the Government’s new housing policies, or even participate in the new KiwiBuild and social housing construction programmes? As land development becomes a rush to join in, what positive contribution can professional project managers and quantity surveyors make to a subdivision project’s ultimate success?

• Assessing your project’s development potential through urban planning

Almost everyone working in New Zealand property knows the independent media outlet ‘Workers Talk Property’. Its founder, Ben Yu, will share his knowledge of government planning for urban development, transport, infrastructure and land supply, and analyse the opportunities and challenges these policies may bring for land values and high-density development.

• Moving your project forward after resource consent in the later stages of land development

Many developers understand the resource consent application process, but are less clear about what to do after approval to maximise cost savings and efficiency. What further design work is needed once resource consent has been granted? What should you watch for during construction? Towards the end of the project, what is the process from council inspections and approvals from the land registration authority through to obtaining titles?

• Revealing the secrets behind a billion in property sales

A development project’s ultimate success is measured by its return on investment. A marketing expert with experience in more than a thousand property transactions will draw on personal experience to explain the fundamental difference between marketing and sales. Covering product design and positioning, pricing, channels, promotion, systems and personnel, the presentation will explore why effective marketing matters to project outcomes.

• Avoiding pitfalls in the era of widespread development: subdivision case studies

At the first seminar, NZCBIA Secretary-General and Archiland Auckland General Manager Dylan Huang explained how to identify land suitable for medium-density subdivision through two categories: ‘Basic’ and ‘Bonus’ — essential requirements and features that add value. Returning as the final speaker, he will reveal the reality of an era in which subdivision opportunities and risks coexist. Using some of this year’s latest subdivision cases, he will explain how to assess a project as a whole amid changing market conditions and government requirements, from innovative initial planning to coordinating internally with the teams involved at each stage and responding externally to council requirements and reviews throughout the process.

The final seminar may also be the last event in 2020 to bring together so many leading industry figures. If you are interested in land subdivision and development, intend to participate, or have questions you need answered, do not miss this opportunity to speak with and consult experts face to face. To ensure questions are not overlooked in a busy discussion, you can also leave a comment below this article in advance. YIJU New Zealand will pass it on to the relevant experts so they can address it during the seminar.

Registration for the third seminar is now open. We look forward to welcoming colleagues from across the property and construction industries!