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oce-property-dev

Property development lifecycle in OpenConstructionERP: lead to SPA to handover — feasibility, budgeting from cost bases, sales tracking and construction handover. Use for residential/commercial development projects.

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Property Development in OpenConstructionERP

Lifecycle

Lead → Feasibility → Design → SPA (sale) → Construction → Handover
StageWhat the platform does
Leadland/opportunity record, key metrics
Feasibilityrough budget from CWICR cost bases (m² rates), margin check
DesignBIM model, BOQ, detailed estimate
SPAsale/presale tracking, payment milestones
ConstructionBOQ + schedule + field modules (see oce-field-ops)
Handovercloseout report, as-built docs, punch closeout

Feasibility estimation

Use cost-base intensity rates (per m²) from a loaded base:

# rough budget: GFA × regional m² rate from CWICR items
gfa_m2 = 12_000
m2_rate = 1_050  # TRY/m², from cost-base roll-ups for residential
budget = gfa_m2 * m2_rate

Then refine with a real BOQ as design progresses. Early-phase estimates carry ±30% — label them.

Sales & SPA

  • Track units, price lists, sold/reserved/available.
  • Payment milestones tied to construction progress (SPA installments).
  • Cash-flow: sales inflow vs construction outflow over the schedule.

Handover

  • Punch-list closeout (see oce-field-ops).
  • As-built package: final BOQ, models, docs, warranties.
  • Defect liability tracking post-handover.

Best practices

  1. Keep feasibility numbers honest — they set the land price.
  2. Tie SPA milestones to construction gates, not calendar guesses.
  3. One project currency for the development; report to investors in their currency separately.
  4. Retain the as-built package in the project record — it is the warranty baseline.

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