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Apartment Development Cost Estimate
Apartment Development Cost Estimate
Car Park office Block ( Basement & Podium) Apartment -902,560* 300.00 Office- 220,000 * 400.00 (Less 7.5% discount for 30% of the Apartment unit ,Bumiputra share) Sub- total on Sale
$ $ $ $ $
C 1 2 3 4 5 6 7 8 9 10 11
0.05% of Gross Development Value 0.025% of Gross Development Value 2% of Gross Development Value 1% of Gross Development Value 0.5% of Gross Development Value 0.2% of Gross Development Value RM 1000.00 per unit Apartment RM 20,000.00 per acre per year 0.5% of 270,768,000.00 RM 600.00 per unit Apartment
0.05% * 348,420,562 0.025%* 348,420,562 2%* 348,420,562 1%* 348,420,562 0.5%* 348,420,562 0.2%* 348,420,562 904* 1000 20,000.00*3
$ $ $ $ $ $ $ $ $ $ $
174,260.00 87,130.00 6,970,411.00 3,485,205.00 1,742,602.00 696,841.00 904,000.00 60,000.00 1,353,840.00 542,400.00 16,016,689.00
600*904
D 1 2 3 4 5 6 7 8
2% of Construction Cost 1.2% of Construction cost 1% of Construction Cost 0.7% of Construction Cost 1% of Construction Cost RM 20,000.00 RM 60,000.00 0.25% of Gross Development Value
2%* 252,334,325.00 1.2%* 252,334,325.00 1.0%* 252,334,325.00 0.7%* 252,334,325.00 1%* 252,334,325.00
0.25%* 348,420,562
$ $ $ $ $ $ $ $ $
E 1 2
$ $ $
F 1 G
1 H 1
Allow for Contigencies & Inflation LAND CONVERSION Land Conversion Premium TOTAL GROSS DEVELOPMENT COST GROSS DEVELOPMENT PROFIT RETURN ON GROSS DEVELOPMENT VALUE RETURN ON GROSS DEVELOPMENT COST
3% of Construction cost
3%* 252,334,325.00
7,570,029.00
15%* 25,347,438.00
$ $ $
3,802,115.00 337,194,058.00 TOTAL GROSS DEVELOPMENT VALUE 30,481,662.00 8.29% 9.03% $ 367,675,720.00
$ $
56,833,380.00 59,925,049.00
B 1 2 3 4 5 6 7 8 9
0.05% of Gross Development Cost 0.025% of Gross Development Cost 2% of Gross Development Cost 1% of Gross Development Cost 0.5% of Gross Development Cost RM 20,000.00 per acre per year
20,000.00*3
$ $ $ $ $ $
$ $
123,260.10 2,386,534.40
C 1 2 3 4 5 6 7 8
2% of Construction Cost 1.2% of Construction cost 1% of Construction Cost 0.7% of Construction Cost 1% of Construction Cost RM 10,000.00 RM 30,000.00
$ $ $ $ $ $ $ $
D 1 E 1
Financing Cost Bank Interest CONTIGENCIES Allow for Contigencies & Inflation TOTAL GROSS DEVELOPMENT COST
840,000.00
3% of Construction cost
$ $
1,797,751.47 70,047,505.69
SPECIFICATION FOR ARCHITECTURAL FINISHES EXTERIOR FACADE Casement window with brickwall Emulsion Paint to brickwall INTERIOR MAIN LOBBY Homogenous granite tiles to floor & wall frameless Glass Panel wall LIFT LOBBY Homogenous tiles to floor & wall Plasterboard ceiling OFFICE cement rendered to floor Gypsumpboard ceiling cement plastered to wall & Emulsion paint
SPECIFICATION FOR M&E SERVICES VERTICAL TRANSPORTATION a) standard lift with normal control FIRE FIGHTING a) wet & dry riser b) sprinklers to office, lift lobby, car park, circulation area c) CO2 system to comsumer switch room transformer room, high tension switch room & TNB switch room MECHINICAL VERTICULATION a) exshuat fan to basement car park ELECTRICAL SERVICE a) ceiling recess light to office floor b) downlight in lift lobby & main lobby c) bare channel lighting to all circulation area & services room AIR-CONDITIONING a) centralised air cond. System with out
1 a b 2 a b 3 a b c
4 a b c
SERVICES ROOM cement rendered to floor offform with emulsion paint cement rendered to wall & Emulsion paint TOILET homogenous tiles to floor ceramic tiles to wall up to 7 ft height reminder cement plastered & Emulsion paint Standard range sanitary ware Gypsumboard Ceiling
variable volume control Sanitary & Plumbing a) Standrad range sanitary wares b) UPVC pipe sanitary stack
5 a b
c d
$ $ $ $
C 1 2 3 4 5 6 7 8 9 10 11
0.05% of Gross Development Cost 0.025% of Gross Development Cost 2% of Gross Development Cost 1% of Gross Development Cost 0.5% of Gross Development Cost 0.2% of Gross Development Cost RM 1000.00 per unit Apartment RM 20,000.00 per acre per year 0.5% of 270,768,000.00 RM 600.00 per unit Apartment
$ $ $ $ $ $ $ $ $ $ $
99,062.97 49,531.48 3,962,518.69 1,981,259.34 990,629.67 396,251.87 904,000.00 129,000.00 1,353,840.00 542,400.00 10,408,494.02
600*904
D 1 2 3 4 5 6 7 8
2% of Construction Cost 1.2% of Construction cost 1% of Construction Cost 0.7% of Construction Cost 1% of Construction Cost RM 10,000.00 RM 30,000.00 0.25% of Gross Development Value
0.25%* 270,768,000
$ $ $ $ $ $ $ $ $
E 1 2
COMPANY OVERHEADS Adminstration & Management Advertising, Promotion & Marketing Sub-Total company Overhead Financing Cost Bank Interest CONTIGENCIES Allow for Contigencies & Inflation LAND CONVERSION Land Conversion Premium TOTAL GROSS DEVELOPMENT COST
$ $ $
F 1 G 1 H 1
1,800,000.00
3% of Construction cost
3%* 192,355,276
5,770,658.28
15%* 25,347,438.00
$ $
3,802,115.00 237,388,442.86
$ $
182,504,520.00 192,355,276.00
27,992,080.00 29,641,684.00
B 1 2 3 4 5 6 7 8 9
0.05% of Gross Development Cost 0.025% of Gross Development Cost 2% of Gross Development Cost 1% of Gross Development Cost 0.5% of Gross Development Cost RM 20,000.00 per acre per year
20,000.00*3
$ $ $ $ $ $
$ $
62,082.58 1,231,808.62
C 1 2 3 4 5 6 7 8
2% of Construction Cost 1.2% of Construction cost 1% of Construction Cost 0.7% of Construction Cost 1% of Construction Cost RM 10,000.00 RM 30,000.00
$ $ $ $ $ $ $ $
D 1 E 1
Financing Cost Bank Interest CONTIGENCIES Allow for Contigencies & Inflation TOTAL GROSS DEVELOPMENT COST 8% at Bridging Loan of RM 7 Million 8% * 34mil* 2.5 year $ 6,800,000.00
3% of Construction cost
$ $
889,250.52 41,653,879.86
$ $ $ $
$ $ $ $ $ $ $
C 1 2 3 4 5 6 7 8 9 10 11
0.05% of Gross Development Cost 0.025% of Gross Development Cost 2% of Gross Development Cost 1% of Gross Development Cost 0.5% of Gross Development Cost 0.2% of Gross Development Cost RM 1000.00 per unit Apartment RM 20,000.00 per acre per year 5% of 337,260,00.00 RM 600.00 per unit Apartment
$ $ $ $ $ $ $ $ $ $ $
95,190.58 47,595.29 3,807,623.18 1,903,811.59 951,905.79 380,762.32 904,000.00 129,000.00 16,863,000.00 542,400.00 25,625,288.74
600*904
D 1 2 3 4 5 6 7 8
2% of Construction Cost 1.2% of Construction cost 1% of Construction Cost 0.7% of Construction Cost 1% of Construction Cost RM 10,000.00 RM 30,000.00 0.25% of Gross Development Value
0.25%* 337,260,000
$ $ $ $ $ $ $ $ $
E 1 2
COMPANY OVERHEADS Adminstration & Management Advertising, Promotion & Marketing Sub-Total company Overhead Financing Cost Bank Interest CONTIGENCIES Allow for Contigencies & Inflation LAND CONVERSION Land Conversion Premium TOTAL GROSS DEVELOPMENT COST
$ $ $
F 1 G 1 H 1
8% * 15mil* 2 year
2,400,000.00
3% of Construction cost
3%* 209,901,676.50
5,545,082.30
15%* 62,271,548.00
$ $
9,340,732.20 250,496,100.55
$ $
170,009,230.00 184,836,076.50