Case studyKAN InvestmentInvestment planning · Project coordination

Investment planning for a serviced apartment development

Responsible for the financial model and project coordination for a serviced apartment development. The model compared two room configurations while design approval and construction pricing were still being finalised, to support the configuration decision.

Option comparison Construction budget Model file

CompanyKAN Investment

Period2026, ongoing

RoleExecutive Assistant to CEO

ToolsExcel

Data noteFigures are model forecasts as of September 2026, not achieved returns. Design approval and a revised construction quotation are pending; results will be refreshed.

2room configurations compared

10 yearsoperating cash-flow forecast

34contractors and supervisors tracked

12project milestones tracked

Context and responsibilities

The project converts a building into rental rooms for serviced apartment operation. The key question was how a six-room or eight-room layout would change the capital required, operating cash flow and projected return.

Responsibility 1

Financial model

Built the five-month construction budget and funding schedule.
Built the ten-year operating cash flow for each room configuration.
Calculated investment, NPV, IRR, payback and terminal value.

Responsibility 2

Build cost and contractor review

Reviewed structural-only and turnkey construction quotations.
Compiled a contractor shortlist and tracked construction and supervision quotes.
Followed up design, foundation, fire-safety and final-pricing questions.

Responsibility 3

Project readiness

Coordinated permit-related preparation and neighbour commitments.
Tracked design and contractor dependencies across 12 milestones.
Reviewed property-management software and operator options.

Room configuration comparison

Both options use the selected turnkey construction cost, 80% occupancy in Year 1, 92% stabilised occupancy and a 12% discount rate.

VND million

Total investment

NPV (12% discount rate)

IRR

Payback year

Operating cash flow per yearCumulative net cash, excl. terminal valueVND billion

Show the numbers

The eight-room option adds approximately VND 510m of initial investment and VND 138m of Year 1 operating cash flow. These are forecasts, not achieved returns.

Construction budget and funding schedule

Six-room configuration, effective construction area of 367 m². The turnkey quotation was selected as the cost base.

Monthly funding requirement · VND million

Structural works + finishing labourVND 1,651.5m

Turnkey, fully finished (selected)VND 2,422.2m

The eight-room option adds 55 m² of finishing area and VND 363m to the construction package, for a total modelled investment of VND 4,199.1m.

Contractor and supervision sourcing

A shortlist of 20 contractors with published price ranges, extended to 34 firms tracked for construction and supervision quotations.

34 firms tracked9 responded6 not suitable for the scope13 no reply6 not yet contacted

Part-time supervisionMonthly quotations received from four firms, based on 3-4 site visits per week.VND 14-18m per month

Full-time supervisionOffice-hours supervision, Monday to Saturday, from one consultant.VND 30m per month

Package supervisionFixed-fee supervision for the full construction period, from two firms.VND 35-100m per package

Published contractor rates on the shortlist ranged from about VND 4.5m to 8.0m per m² for turnkey work. At least three comparable construction quotations were required before selection.

Project readiness tracking

A milestone and dependency tracker covering legal, design, construction, financial model and operations items, with a document register. Construction pricing depends on the permit and the final design, which in turn drive the model update.

12 milestones3 completed4 in progress4 pending1 not startedstatus, late September 2026

Outcomes

The project is pre-construction; outcomes are decision support and readiness rather than operating results.

Configuration caseOnly the eight-room option shows a positive NPV under the current assumptions, with payback one year earlier.

Defined cost baseBudget and funding schedule built on the selected turnkey quotation, ready to refresh when the revised quotation is received.

Tracked dependenciesPermit, design, quotation and model updates are sequenced and reviewed in one tracker.