Compile a report for a Malaysian company Myson Vacuum Cleaners who have decided to set up a production plant in Swansea.

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Quantitative Techniques For Business

  • Background

I was asked to compile a report for a Malaysian company Myson Vacuum Cleaners who have decided to set up a production plant in Swansea.  As part of this process, they need to house various Malaysian workers for five years within the Swansea area to supervise the setting up of the factory.

The following report surveyed three and four bedroomed properties within Swansea and its surrounding area, and indicates the cost of housing their staff based on properties currently available from local letting agencies.

For this survey I decided to go through the main established estate agents that let houses in Swansea.  

I decided to choose the most established agencies due to their established history and reliability.  However, I have also chosen to include Homehunters, which is solely a letting agency so that we could have some sort of comparison between the ‘estate agents’ and the more common ‘letting agent’.

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  • Methods of obtaining data

My initial source of data was Internet searches in the Swansea area, which proved unreliable because the established estate agents compile letting lists, which are only obtainable from their premises.  Letting agencies however provide more than adequate amounts of information of available properties on their individual websites.  

I therefore spent time browsing around and obtaining as many letting lists on three and four bedroomed houses in Swansea and the area.  I also spoke to the estate agents themselves who in each case explained the letting procedure to me in detail.  Although ...

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