《Transit Core》Real Estate Starter Kit
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Tod looked at the list, took a deep breath, and then selected Real Estate Experience. He felt it as his money just... vanished.
Opening cash
$39,100,000
Real Estate Experience
-$10,000,000
Total Cash Spent
-$10,000,000
Remaining Cash before 'income'
$29,100,000
But he had to do it. Real estate was essentially the model most large sustainable train operators used. Even Hong Kong had the famous R+P model, which was subsequently replicated everywhere else in the world.
That moment, he noticed there’s a new real estate submenu which he could select, and once selected, a menu appeared.
Real Estate Experience Level 1 unlocked
Actions
Comments
Buy property or land
You may now purchase land or buildings surrounding your stations.
Develop or redevelopment
You may develop empty land, or redevelop existing land
Ah. But what could he do once he bought the land anyway? What sort of buildings could he build?
Actions on land
Effects
Build Residential Property
Residential Properties help to promote population growth in the district, and it's immediate vicinity to the train station also improves the daily revenues and traffics.
Increases ridership by 2 per day.
Rental income. Income is net, and per annum
Build Commercial Property
Commercial Properties help to promote job growth, traffic, and purchases
Increases ridership by 5 per day.
Rental income. Income is net, and per annum
Build Transport Hub ($10million)
Increases daily ridership by 500 for each connected station on your rail network. Maximum of 6, and can only be built at rail interchanges
Hmm. That wasn’t much, and it didn’t tell him how much each of the property costs anyway. Increased ridership sounds good, and they even pay rent.
But what’s the outlay? Tod only had $29million left, and he needed the best bang for his buck in order to grow quickly!
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Development cost (per unit)
Yearly income (rental)
Low Density
Medium
High Density
Low Density
Medium Density
High Density
Land use type
Land Cost
Per acre
<30 units
30-100 units
>100 units per acre
<30 units
30-100 units
>100 units per acre
Residential-only
$2m
$0.5m
$0.4m
$0.3m
$50k
$40k
$30k
Commercial/Mixed Use Properties
$3m
$0.6m
$0.5m
$0.5m
$60k
$50k
$50k
Residential-only
$10m
$1m
$0.9m
$0.8m
$100k
$90k
$80k
Commercial/Mixed Use Properties
$12m
$2m
$1.8m
$1.5m
$200k
$180k
$150k
Residential-only
$20m
$3m
$2.5m
$2m
$300k
$250k
$200k
Commercial/Mixed Use Properties
$30m
$5m
$4m
$3m
$500k
$400k
$300k
Oh. It’s cheaper to buy land in the outlying areas, and cheaper to build too! He looked at the numbers and had a brief headache. He had to calculate what’s the best way to spend is $29m!
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