BUSINESS MODEL
Pan Hong's business operations model:

           Site Selection & Market Research

           Land Acquisition

 

 

           Project Conceptualisation, Planning & Design
           Construction Work
           Pre-Sales & Sales of Properties
           Delivery & After-Sales Service

 

Site Selection & Market Research

 

Zoning plans or city planning restrictions imposed by the city government
Accessibility, convenience & infrastructural support 
Marketability & estimated demand in the area 
Analysis of target customers 
Proximity to lush natural surrounding
Time & cost of development, return on investment, and availability of financing

 

Land Acquisition

 

Acquire directly from the government land bureau through public tender or auction, purchase from other companies or acquire other companies that hold suitable PROPERTY PORTFOLIO

 

Project Conceptualisation, Planning & Design

 

All designs and concepts are in accordance with the city planning requirements & applying and obtaining all relevant certifications
Construction land planning certificate approval for construction site 
Permit for construction site planning construction project planning certificate 
Requisite permit to commence project

 

Construction Work

 

Select contractors by way of open tenders

 

Pre-Sales & Sales of Properties

 

Commence pre-sales upon obtaining/satisfaction of the following;
Land use rights certificates for the land obtained 
Permit for construction works planning and the permits for commencement of construction works 
Incurred at least 25% of total investment & completion and delivery have been ascertained

 

Delivery & After-Sales Service

 

Assist customers in arranging for financing and title registration procedures
A Sub-Division to handle customer complaints and feedback