The document compares the existing plans for the JP Garcia Tower to plans redesigned by Archion Architects. The existing plans have commercial space and parking on the ground floor, with offices on the upper floors and condos on the top floors. Archion's plans reduce the total floor area but increase the amount of commercial and saleable space. They convert basement floors to parking and make more efficient use of space throughout the building.
The document compares the existing plans for the JP Garcia Tower to plans redesigned by Archion Architects. The existing plans have commercial space and parking on the ground floor, with offices on the upper floors and condos on the top floors. Archion's plans reduce the total floor area but increase the amount of commercial and saleable space. They convert basement floors to parking and make more efficient use of space throughout the building.
The document compares the existing plans for the JP Garcia Tower to plans redesigned by Archion Architects. The existing plans have commercial space and parking on the ground floor, with offices on the upper floors and condos on the top floors. Archion's plans reduce the total floor area but increase the amount of commercial and saleable space. They convert basement floors to parking and make more efficient use of space throughout the building.
EXISTING
PLANS ARCHION
PLANS CFA NFA Remarks CFA NFA Remarks
27,607.23
16,582.08
27,481.85
16,919.69
Capital
Cost
966,253,050.00
CFA
x
Php
35,000
961,864,750.00
CFA
x
Php
35,000 Gross
Profit
1,658,208,000.00
NFA
x
Php
100,000
1,691,969,000.00
NFA
x
Php
100,000 Net
Profit
691,954,950.00
Capital
-‐
Gross
730,104,250.00
Capital
-‐
Gross Gross
to
Net
Net
Profit
/
Gross
Net
Profit
/
Gross
41.73% 43.15% Ratio Profit Profit
Cost
of
Addt'l
Parking
(@800K/slot)
=
28,000,000.00 Total
Additional
Profit
=
66,149,300.00
Profit
Computation
-‐
Based
on
Condo
Floors
Only
EXISTING
PLANS ARCHION
PLANS CFA NFA Remarks CFA NFA Remarks
18,331.15
13,939.03
18,570.00
14,143.44
Capital
Cost
641,590,250.00
CFA
x
Php
35,000
649,950,000.00
CFA
x
Php
35,000 Gross
Profit
1,393,903,000.00
NFA
x
Php
100,000
1,414,344,000.00
NFA
x
Php
100,000 Net
Profit
752,312,750.00
Capital
-‐
Gross
764,394,000.00
Capital
-‐
Gross Gross
to
Net
Net
Profit
/
Gross
Net
Profit
/
Gross
53.97% 54.05% Ratio Profit Profit
Profit
Difference:
12,081,250.00
Number
of
Addt'l
Parking
=
35.00
Cost
of
Addt'l
Parking
(@800K/slot)
=
28,000,000.00 Total
Additional
Profit
=
40,081,250.00