Comparison on Cost Estimation for Setting Up the Tsuen Wan District Office

Unit 1003 Prosperity Centre & Unit 1113 Manhattan Centre

Unit Price Initial Setup Cost Initial Setup Cost

Item Quantity
(HK$) for 1003 PROS for 1113 MANC
1. Office Automation System
a. Desktop Computer 1 8,000 8,000 8,000
b. Printer 1 2,000 2,000 2,000
c. Fax 1 2,000 2,000 2,000
d. Laminator 1 1,000 1,000 1,000
e. Shredder 1 1,000 1,000 1,000
f. Photocopier 1 10,000 10,000 10,000
g. Digital Camera 1 3,000 3,000 3,000
h. Telephone Set 5 300 1,500 1,500
i. Central Server 1 70,000 70,000 70,000

2. Office Accessories
2
a. White Board (150x120)cm 1 600 600 600
b. Key Box 1 300 300 300
c. Stationery and other stuffs 1 2,000 2,000
d. Umbrella Stand 1 500 500 500

3. Pantry
a. Refrigerator 1 1,500 1,500 1,500
b. Microwave Oven 1 700 700 700
c. Electric Thermo Pot 1 500 500 500

4. Decoration and Furniture 1 100,000 240,000

204,600 344,600

Note
2
- It assumes that about 1,230ft can be leased in Prosperity Centre.
- It also assumes that the landlord bears the cost of installation of false ceiling, carpet and painting of the
walls, only the cost of erection of meeting room, purchase of office furniture and installation of air-ducts will
be borne by us.
- If the landlord agrees to bear the cost of some basic setup work, it estimates that about HK$140,000 of
the initial setup cost can be saved if we lease the unit of Prosperity Centre.
 Estimation on the Monthly Operations Cost
Unit 1003 Prosperity Centre

Item Cost (HK$)

1. Rental 10,000
2. Management Fee 3,850
3. Government Rates (estimate) 600
4. Electricity 2,000
5. Telephone, Fax and Broadband Services 1,000
6. Stationery and other office accessories 1,000
7. Repair & Maintenance 200
8. Other General Expenses 2,000
20,650

Note

- The normal time of the air-conditioning service is 8am-8pm from Monday to Friday, and 8am-
3pm on Saturday. The additional air-conditioning service charge has not been confirmed yet,
but referring to the current arrangement of Yoo Hoo Tower, HK$200 per hour will be levied.

- Propose to give a counter-offer to the landlord at HK$10-11 psf inclusive, so the total sum of
Item 1-3 will be reduced to HK$12,300 to HK$13,530 per month.