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Apartment feasibility, sized around your scheme.

Scheme, mix, basement and podium as first-class inputs. Per-unit pricing flows into a tail-loaded settlement waterfall and profit on cost.

  • Inputs7 blocks
  • Outputs8 metrics
  • CashflowMonthly
  • ScenariosLive

What this model does

Apartments feasibility, end to end.

Decide whether the apartment scheme works at the right build rate, the right mix and the right settlement profile. Profit on cost, equity IRR and peak debt fall out of the scheme, not a single $/m² rate.

Calculation flow05 steps
  1. 01

    Scheme

    FSR, GFA, levels, NSA, BUA and car park levels captured as inputs.

  2. 02

    Cost stack

    Apartments, basement and podium build rates assembled by component.

  3. 03

    Revenue

    Pricing per unit type, GRV by mix, agent fee and GST applied.

  4. 04

    Cashflow

    Equity-first drawdown, S-curve build, tail-loaded settlement waterfall.

  5. 05

    Returns

    Profit on cost, equity IRR, peak debt and settlement tail returned.

Schema

Every input. Every output. In one view.

The full apartments feasibility model schema. 7 input blocks feeding 8 output metrics, with the calculation engine in between.

Inputs07 blocks
  1. 01

    Site

    Lot sizeZoningFSRHeight limitSetbacks
  2. 02

    Scheme

    LevelsGFANSABUACar park levels
  3. 03

    Unit mix and pricing

    1-bed2-bed3-bedPremium variants$/m² or $/unit
  4. 04

    Construction by component

    ApartmentsBasementPodiumRooftopContingency
  5. 05

    Statutory and soft

    Section 7.11DA feesMarketingLegal
  6. 06

    Finance

    EquitySenior debtInterest rateDrawdown
  7. 07

    Programme

    DAConstructionSettlement profileDefects
Outputs08 metrics
Primary outputAt base case
Profit on cost22.1%
MetricValue
  • GRV by unit type$162.4M
  • Total development cost$133.0M
  • Development margin18.1%
  • Equity IRR25.8%
  • Peak debt$91.2M
  • Peak equity$23.4M
  • Settlement tail9 months

Engine logic

Two engines. Scenarios and cashflow.

The two pieces that separate the apartments feasibility from a spreadsheet. Scenarios that share one project, and a monthly cashflow wired to every input.

Scenarios01 / 02

Multiple scenarios, one project

Switchable in a click. No copied files.

  1. 01

    Test mix splits as separate scenarios on one scheme.

  2. 02

    Move pricing per unit type and basement levels per scenario.

  3. 03

    Each scenario keeps its own cost stack, pricing and settlement profile.

  4. 04

    Compare profit on cost and peak debt side by side, no copied files.

Cashflow02 / 02

Monthly cashflow, fully connected

Every input touches the schedule.

  1. 01

    Monthly cashflow runs through DA, construction, settlement and defects.

  2. 02

    Apartment, basement and podium build rates each feed the S-curve.

  3. 03

    Equity-first drawdown, then senior debt against approved claims.

  4. 04

    Settlement waterfall tail-loaded across the post-completion months.

Excel replacement

Where the workbook quietly fails.

Every row is a recurring failure mode of the apartments feasibility spreadsheet, and how the model handles it once.

SpreadsheetPopurise model
  • 01One $/m² rate hides the basement costComponent rates for apartments, basement and podium
  • 02Settlement modelled as one monthTail-loaded settlement waterfall in the cashflow
  • 03Mix moves break the GRV formulaPricing per unit type, GRV in tabular nums

Use and verify

What it decides. What to check first.

The decisions the apartments feasibility is built to support, alongside the things to verify before you trust it on a live deal.

What it decidesUse cases
  1. 01

    Set the mix

    Test 1-2-3 bed splits against margin and peak debt. Move pricing per type, see the answer change.

  2. 02

    Right-size the basement

    Car park levels are a margin lever. Model the change properly.

  3. 03

    Stage the settlement

    Tail-loaded settlements model the way apartments actually sell down.

  4. 04

    Sense-check the build rate

    Different rates for apartments, basement and podium. Not a single number.

Pre-flight checklist05 checks

  • Construction modelled by component, not a single $/m² rate.

  • Per-unit pricing across the mix, with GRV in tabular nums.

  • Settlement waterfall tail-loaded with deposit and release timing.

  • Car park levels priced as their own input, not buried in build cost.

  • Scenarios for mix, pricing and build rate, switchable per project.

Worth checking before you stake a live deal on the apartments feasibility.Start modelling free
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Questions

Apartments feasibility, answered.

How Popurise handles the apartments feasibility.

Can I model staged settlements?

Yes. Set a settlement profile across multiple periods and Popurise handles the cashflow timing.

Does it handle BTR?

BTS is the primary focus. BTR-specific cashflow modelling is on the roadmap. Register interest on the BTR model page.

Can I break out basement and podium costs?

Yes. Construction is modelled by component, not as a single $/m² rate.

What about retail at the podium?

Residential-led mixed-use with a retail podium is supported via the mixed-use scheme inputs.

Run a apartments feasibility in minutes.

No spreadsheet. No setup. Open Popurise and model the deal.

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