This document outlines the costing of expenses for land development totaling 34,910 square meters across two land titles. It details the costs of land acquisition at PHP1,000 per square meter, settlement payments, landfill activities involving over 8,000 truckloads, and various permitting fees. The total cost is estimated at PHP41,037,175 or PHP1,175.51 per square meter.
This document outlines the costing of expenses for land development totaling 34,910 square meters across two land titles. It details the costs of land acquisition at PHP1,000 per square meter, settlement payments, landfill activities involving over 8,000 truckloads, and various permitting fees. The total cost is estimated at PHP41,037,175 or PHP1,175.51 per square meter.
This document outlines the costing of expenses for land development totaling 34,910 square meters across two land titles. It details the costs of land acquisition at PHP1,000 per square meter, settlement payments, landfill activities involving over 8,000 truckloads, and various permitting fees. The total cost is estimated at PHP41,037,175 or PHP1,175.51 per square meter.
[A] Deed of Absolute Sale @ Php 1,000.00 per square meter
Creditable Withholding Tax (6% of Php1k/sqm) PhP 2,094,600.00
VALUE ADDED TAX (12% of Php1k/sqm) 4,189,200.00 Documentary Stamps Tax (1.5% of Php1k/sqm) 523,650.00 Transfer Tax (0.75% of Php1k/sqm) 261,825.00 Registration (0.5% of Php1k/sqm) 174,550.00 Notarial Fees (1% of Php1k/sqm) 349,100.00 Under the Table 30,000.00 Sub-total 7,622,925.00
LGU (Mayor) PhP 1,000,000.00
Engineering Team (Clearing/Demolition) 2,000,000.00 Payment to Settlers (approx. Php250k per house) estimated 20 houses = 5,000,000.00 Sub-total 8,000,000.00
LANDFILL - 3 to 4 meters depth PhP
4m depth x 34,910sqm. = 139,640 cubic meters 139,640 cubic meters / 16 cu.m. per truckload = 8,727.5 truckloads 8,727.5 truckloads x Php2,300 (cost per truck) = Sub-total 20,073,250.00
COSTING OF EXPENSES TCT 650735 TCT 650734 TOTAL LOT AREA Land Area: 6,706.00 sqm 28,204.00 sqm 34,910.00
[A] Deed of Absolute Sale @ Php 1,000.00 per square meter
Creditable Withholding Tax (6% of Php1k/sqm) PhP 2,094,600.00
VALUE ADDED TAX (12% of Php1k/sqm) 4,189,200.00 Documentary Stamps Tax (1.5% of Php1k/sqm) 523,650.00 Transfer Tax (0.75% of Php1k/sqm) 261,825.00 Registration (0.5% of Php1k/sqm) 174,550.00 Notarial Fees (1% of Php1k/sqm) 349,100.00 Under the Table 30,000.00 Sub-total 7,622,925.00
LGU (Mayor) 1,000,000.00
Engineering Team (Clearing/Demolition) 2,000,000.00 Payment to Settlers (approx. Php250k per house) estimated 20 houses = 5,000,000.00 Sub-total 8,000,000.00
LANDFILL - 3 to 4 meters depth
4m depth x 34,910sqm. = 139,640 cubic meters 139,640 cubic meters / 16 cu.m. per truckload = 8,727.5 truckloads 8,727.5 truckloads x Php2,300 (cost per truck) = Sub-total 20,073,250.00
BRIDGE CONSTRUCTION (25m x 10m) by DPWH 8,000,000.00
COSTING OF EXPENSES TCT 650735 TCT 650734 TOTAL LOT AREA Land Area: 6,706.00 sqm 28,204.00 sqm 34,910.00
[A] Deed of Absolute Sale @ Php per square meter
Creditable Withholding Tax (6% of Php1k/sqm) PhP -
VALUE ADDED TAX (12% of Php1k/sqm) - Documentary Stamps Tax (1.5% of Php1k/sqm) - Transfer Tax (0.75% of Php1k/sqm) - Registration (0.5% of Php1k/sqm) - Notarial Fees (1% of Php1k/sqm) - Under the Table Sub-total
LGU (Mayor) PhP
Engineering Team (Clearing/Demolition) Payment to Settlers (approx. Php250k per house) estimated 20 houses = Sub-total
LANDFILL - 3 to 4 meters depth PhP
4m depth x 34,910sqm. = 139,640 cubic meters 139,640 cubic meters / 16 cu.m. per truckload = 8,727.5 truckloads 8,727.5 truckloads x Php2,300 (cost per truck) = Sub-total