5.0 FEASIBILITY STUDY

5.1 FEASIBILITY STUDY

Economic feasibility study can be summed up in the following:

“It is a process of collecting information and data about a proposed project, then analyzing the same from the financial, economic and technical aspects, in addition to sensitivity analysis, in order to be aware of the extent of such project success, under the prevailing circumstances in the market. Therefore, a decision should be made to continue or cease such project’’

For the purpose of this proposed development, the feasibility study is carried out based on the economic and market indicator which includes the supply and demand of surrounding, compilation of information on population statistic, the existing buildings, occupation, the pricing structure of the proposed development and others related to this proposed development.

Strategic

ZonesArea

Sq.KmsPopulation

2005Density

2005 (person/sq

.km)

Population 2020

Density 2020

(person/sq.km)

Bukit Jalil -Seputeh

43.2288 318,300 7,363 464,271 10.740

5.2 POPULATION STATISTIC

Table 5.2.1 : Population Statistic of Bukit Jalil SeputehSource : Kuala Lumpur Structure Plan 2020

According DBKL Structure plan 2020, the population in Bukit Jalil,Seputeh in 2020 is 464,271 approximately.

DBKL Structure plan 2020 was highlighted that all areas in Kuala Lumpur are expected to increase in population with the highest being in Bukit Jalil-Seputeh followed by City Centre and Sentul Manjalara Strategic Zone.

5.0 FEASIBILITY STUDY (CONT’D)

Malay Other Bumiputera Chinese Indian Others Non-Malays

Citizen

690,299 17,003 651,897 168,473 21,036 132,883

Table 5.3.1 : Population in Wilayah Persekutuan Kuala Lumpur, 2010

Source: Department of Statistics Malaysia

5.3 POPULATION STATISTIC BY ETHNIC

According to Department of Statistic Malaysia in 2010 the major ethnic in Wilayah Persekutuan Kuala Lumpur is Malay followed by Chinese and Indian.

5.4 HOUSEHOLD INCOME

Table 5.4.1 : Household income per capita by state , 2012Source : Malaysia Geospatial Forum, Sabah International

Congress ,2014

Table 5.4.1 shows the highest household income per capita is in Kuala Lumpur state which is contribute to GDP about RM 114,106 Billion in 2012.

5.0 FEASIBILITY STUDY (CONT’D)

Table 5.4.2 : Mean Monthly Household income & annual growth by State Malaysia 2009 & 2012Source : Department of Statistic, Malaysia

5.4 HOUSEHOLD INCOME (CONT’D)

5.0 FEASIBILITY STUDY (CONT’D)

    

Category of occupation Number ('000)

2011 2012Total 811.8            823.9    Managers 84.5              65.4    Professionals 112.5            115.9    Technicians and associate professionals 108.5            110.1    Clerical support workers 119.2            118.3    Service and sales workers 175.2            200.1    Skilled agricultural, forestry and fishery workers 0.1                 1.1    Craft and related trades workers 56.5              65.2    Plant and machine-operators and assemblers 64.0              62.2    Elementary occupations 91.2              85.6         

5.5 TYPE OF OCCUPATION OF RESIDENTS

Table 5.5.1 : Number of employed persons by occupation, W.P Kuala Lumpur, 2011-2012 

Source : Department Statistic of Malaysia