Post Graduate Scholarship Recipients Announced

NZ Property Institute Announces Post Graduate Scholarship Recipients

The NZ Property Institute today announced two scholarship recipients. Each recipient will receive $1500, and a certificate acknowledging their success for being a recipient of the NZ Property Institute Post-graduate scholarship.

Institute CEO said today," We recently reviewed all our awards and prizes. This involved initiating a three-stage project to targets undergraduate, postgraduate and workplace excellence. The awards framework is designed to recognise contributions to the property profession and sector, to encourage youth to pursue academic study in Property, and to provide research outcomes of use to the sector."

There are two recipients of NZ Property Institute Post-graduate scholarship for 2003. The first recipient, Conal Newland, has recently completed a Master of Business Studies, majoring in Property. His research report, titled "Price does not equal Cost" focused on the usage of the Modal House by New Zealand's valuers and the quality of available residential construction costing data. This paper has been completed and successfully submitted for a publication in the Institutes Property Journal.

The other recipient, Song Shi, is currently studying a Master Business Studies (MBS) majoring in Valuation and Property Management. Song is carrying out a paper looking at the issue of the 'Leaky Home Stigma'. This research involves two stages, with the first one using qualitative research, concentrating on the following questions: - Is there a stigma attached to the leaking homes? - Why a stigma might exist and what it consists of? The second stage will investigate the scale of the leaking house stigma through sales analysis. The sales data will be collected from both public and private information.

Each recipient receives a payment to the value of $1500. This payment will be given to the student, over the length of his/her research, and a progress report is required from the student (by the Institute) partway through the research.

Applications for 2004 scholarships close on 1 May 2004. For further information about this scholarship, and other awards presented by the Institute, please visit: http://www.property.org.nz, 'Products and Services', 'Awards', 'Tertiary Awards'.

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