Transcription
JUBM & ArcadisConstruction Cost HandbookMALAYSIA2020JUBM Sdn Bhd (27638-X)Arcadis (Malaysia) Sdn Bhd (520443-H)Arcadis Projeks Sdn Bhd (233819-K)KDN PP10466/05/2013(032500)
ImperiaCondominium &Office, Puteri Harbour,JohorFour Seasons, Kuala LumpurCentral Plaza I-City, SelangorEtiqa Office Tower,Kuala LumpurWomen Children Hospital, Kuala Lumpur
The following handbook of information relating to theMalaysian construction industry has been compiled by:JUBM Sdn BhdArcadis (Malaysia) Sdn BhdArcadis Projeks Sdn BhdLevel 5, Menara TSR12 Jalan PJU 7/3, Mutiara Damansara47810 Petaling JayaSelangorTelephoneFaxEmailWebsite: (6 03) 2106 8000/ 2106 9000: (6 03) 2106 9090: info-my@arcadis.com: http://www.arcadis.com Arcadis (Malaysia) Sdn BhdAll rights reserved. No part of this publication may bereproduced or copied in any form without prior writtenpermission from Arcadis (Malaysia) Sdn Bhd.The information contained herein should be regarded asindicative and for general guidance only. Whilst everyeffort has been made to ensure accuracy, no responsibility can be accepted for errors and omissions, howevercaused.Unless otherwise stated, costs reflected in thishandbook are Malaysian costs at 4th Quarter 2019.Arcadis (Malaysia) Sdn Bhd (520443-H)Arcadis Projeks Sdn Bhd (233819-K)JUBM Sdn Bhd (27638-X)KDN : PP10466/05/2013 (032500)For private circulation to staff and business associates only.Printed: January 2020byTrumatch Printing & Packaging Sdn Bhd (KDN: PQ1780/4589)No.55, Jalan PBS 14/8,Taman Perindustrian Bukit Serdang,43300 Seri Kembangan, Selangor Darul Ehsan1
TABLE OF CONTENTSPage No.2410Table of ContentsAbout UsCalendars1. CONSTRUCTION COST DATAConstruction Cost SpecificationKuala Lumpur Construction Cost Trend(2009 - 2019)Construction Costs for Kuala LumpurConstruction Costs for Johor BahruConstruction Costs for PenangConstruction Costs for Kota KinabaluConstruction Costs for KuchingConstruction Costs for Selected Asian CitiesMajor Rates for MalaysiaMajor Rates for Selected Asian CitiesACMV Costs for Various Designs &Developments in Kuala LumpurM&E Costs for Selected Asian CitiesUnit Costs for Ancillary Facilities for Kuala LumpurFit-Out Costs for Kuala Lumpur12141618202224263234404248502. GENERAL CONSTRUCTION DATAJUBM - Arcadis Building Works CompositeTender Price Index (BWCTPI)JKR Tender Price IndexValue of Construction Work Done byType of Construction ActivityPerformance of The Construction SectorEstimating Rules of ThumbTechnical SpecificationsAverage Unit PricesUnit Price IndexConstruction Sector IndicatorsCommodities Price Trend (Jan to Oct 2019)Malaysia Construction Sector - Employment & GrossDomestic ProductProgress Payments5253545556586062636466673. PROPERTYResidentialHotelOfficeShopping ComplexShopIndustrial2707274767879TABLE OF CONTENTS
Page No.4. FINANCIALFinancial Definitions & FormulaeMortgage Repayment TableMalaysia Balance of Payments- Goods & ServicesConsumer Price Index & ProducerPrice IndexPrime Rates & Base Lending RatesInterest Rates : Banking InstitutionsCurrency ChartExchange Rates82838485868788895. OTHER INFORMATIONUtility Costs for Selected Asian CitiesWeight & MeasuresConversion GuidePublic HolidaysArcadis Asia Leadership TeamArcadis Asia ServicesDirectory of OfficesTelephone Directory (Malaysia)TABLE OF CONTENTS9296981001061081101183
ABOUT USArcadis is the leading global Design & Consultancy firmfor natural and built assets. Applying our deep marketsector insights and collective design, consultancy,engineering, project and management services we workin partnership with our clients to deliver exceptional andsustainable outcomes throughout the lifecycle of theirnatural and built assets. In Asia, we have over 4,000people covering the Asia market across all sectorsfocused on improving quality of life.As Arcadis (Malaysia) Sdn Bhd, we are one of thelargest and longest established Quantity Surveyingpractices in the country. Together with our collaborativepartner, JUBM Sdn Bhd, we offer a multi-disciplinaryconstruction cost consultancy service and providesintegrated solutions to our clientele throughout Malaysiaworking from five offices in Kuala Lumpur, Penang,Johor Bahru, Kota Kinabalu and Kuching.We provide our specialist services to nearly all marketsegments in the construction industry from religiousbuildings to residential homes, hospitality to corporateheadquarters, mixed use developments to masterplanning.The diverse range of project experience provides us witha rich and extensive construction cost database whichenables the company to handle the simplest to the mostcomplex projects entrusted by clients who recognizedour value and dynamism.(Log on to www.arcadis.com for more details.)4ABOUT US
Our Core ValuesPeople FirstWe care for each other and create a safe andrespectful working environment where our peoplecan grow, perform, and succeed.IntegrityWe always work to the highest professional andethical standards and establish trust by being open,honest and responsible.Client SuccessWe are passionate about our clients’ success andbring insights, agility, and innovation to co-createvalue.CollaborationWe value the power of diversity and our globalcapabilities and deliver excellence by working asOne Arcadis.SustainabilityWe base our actions for clients and communities onenvironmental responsibility and social and economic advancement.ABOUT US5
ABOUT US2A Selection ofOur ProjectsCommercial1.2.3.4.Mercu 3, KL Eco City, Kuala Lumpur 2017Damansara City 2 Office Tower,Kuala Lumpur 2017Imperia Office Tower, Puteri Harbour,Johor 2015Environmental Preservation and InnovationCentre (EPIC), Negeri Sembilan 20175.Etiqa Office Tower, Kuala Lumpur 20186.Sunway Nexis, Selangor 201434Retail7. KLP Fashion Avenue, Kuala Lumpur 20128. Sunway Velocity, Kuala Lumpur 20169. Central Plaza I-City, Selangor 201910. Setia Walk, Selangor 20145Residential11. Pandora Service Apartment, Selangor 201612. Imperia Condominium, Puteri Harbour,Johor 201513. Pantai Sentral Park, Kuala Lumpur 201814. Irama Wangsa Condominiums,Kuala Lumpur 201815. Setia Sky Residences, Kuala Lumpur 20161016. Le Nouvel Condominium,Kuala Lumpur 2016Hospitality, Sports & Leisure1117. Legoland Malaysia Theme Park, Johor 201218. Four Seasons, Kuala Lumpur 201819. St. Regis, Kuala Lumpur 201720. Sofitel Damansara City, Kuala Lumpur 201721. Setia Subterranean Penang InternationalConvention & Exhibition Centre (SPICE),Penang 20171422. Malaysia International Trade and ExhibitionCentre (MITEC), Kuala Lumpur 201623. Pavilion Hotel, Kuala Lumpur 201824. Ritz Carlton Langkawi, Kedah 201725. Impression Theatre, Melaka 20186ABOUT US
7912681316119172015182125242322(Cont’d)ABOUT US7
ABOUT US(Cont’d)A Selection ofOur Projects26Healthcare26. Women Children Hospital, Kuala Lumpur 20173127. Sunway Medical Centre, Selangor 199828. Pantai Hospital (Extension), Kuala Lumpur 201529. UCSI Hospital, Negeri Sembilan 2019Private Educational30. Universiti Teknologi Petronas, Perak 200331. Sunway Monash University, Selangor 200732. Tropicana International School, Selangor 201633. Asia Pacific Univeristy Campus,Kuala Lumpur 20163934. Wesley Methodist International School,Penang 2018Transport & Infrastructure35. Electrified Double Track-Padang Besarto Ipoh (Station Building) 20143236. 6 Stations for Kelana Jaya LRT LineExtension, Kuala Lumpur 201437. KVMRT Sungai Buloh - Kajang Line 201738. KVMRT Sungai Buloh - Putrajaya Line 20223439. Semangar Water Treatment Plant(Extension), Johor 201740. Integrated Water Supply, Kuala Lumpur 200841. Bus Rapid Transit (BRT) Sunway 2015Industrial42. PML Production Facility, Selangor 20115043. Giant Distribution Centre (Sepang),Selangor 200944. Perodua - Second National Car Plant,Selangor 1994Religious Buildings45. Masjid Jamek Abdullah Hukum, KL EcoCity, Kuala Lumpur 20164546. Lutheran Bible Training Institute,Selangor 2010Public47. Brunei Chancery, Putrajaya 201748. Citizenship and Immigration Canada (CIC)Annexe of Canadian High Commission,Kuala Lumpur 20044649. Federal Government Administrative Centre,Putrajaya 201050. IBS Housing, Putrajaya 20118ABOUT US
4433282729354336474041304248373849ABOUT US9
CALENDARSCALENDARSS M51219266132027W T F1 2 38 9 1015 16 1722 23 2429 30 31S4111825W T F1 2 38 9 1015 16 1722 23 2429 30JAN7142128S 0291623M313101724M29162330S MT512192661320277142128S MT51219267142128W T F1 2 38 9 1015 16 1722 23 2429 30 31S MTW411182551219266132027T F S1 2 37 8 9 1014 15 16 1721 22 23 2428 29 30 31S18152229S313101724MTWS M17 814 1521 2228APR61320274111825JULOCT4111825S M10TTF15 6 7 812 13 14 1519 20 21 2226 27 28 29JANTS29162330WT F S1 2 35 6 7 8 9 1012 13 14 15 16 1719 20 21 22 23 2426 27 28 29 30APRM313101724M29162330S MT411182551219266132027T F S1 2 37 8 9 1014 15 16 1721 22 23 2428 29 30 31S18152229S313101724MTWS M17 814 1521 2228 294111825WS30291623JULTF15 6 7 812 13 14 1519 20 21 2226 27 28 72431W T F S4 5 6 711 12 13 1418 19 20 2125 26 27 28F15 6 7 812 13 14 1519 20 21 2226 27 28 29S29162330S M17 814 1521 2228 29T29162330W T F S3 4 5 610 11 12 1317 18 19 2024 25 26 27TWS M41118255 6 712 13 1419 20 2126 27 28S18152229T18152229W T F S2 3 4 59 10 11 1216 17 18 1923 24 25 2630T3101724W T F S4 5 6 711 12 13 1418 19 20 2125 26 27 28T18152229W29162330T291623W T F S3 4 5 610 11 12 1317 18 19 2024 25 26 27S M17 814 1521 2228 29T29162330W T F S3 4 5 610 11 12 1317 18 19 2024 25 26 2731TWS M41118255 6 712 13 1419 20 2126 27 28T18152229W29162330F4111825S5121926T310172431W T F S4 5 6 711 12 13 1418 19 20 2125 26 27 28S MT51219267142128W T F1 2 38 9 1015 16 1722 23 2429 30S4111825T29162330W T F S3 4 5 610 11 12 1317 18 19 2024 25 26 27W T F1 2 38 9 1015 16 1722 23 2429 30 31S4111825TWTFFEB41118255 6 712 13 1419 20 2126 27 142128S M61320277142128JUNSEPT F S3 4 510 11 1217 18 1924 25 2631DEC2021MAR613202771421286132027S M51219266132027T3101724JUNSEPT7142128DECCALENDARS
CONSTRUCTION COST DATAConstruction Cost SpecificationKuala Lumpur Construction Cost Trend(2009 - 2019)Construction Costs for Kuala LumpurConstruction Costs for Johor BahruConstruction Costs for PenangConstruction Costs for Kota KinabaluConstruction Costs for KuchingConstruction Costs for SelectedAsian CitiesMajor Rates for MalaysiaMajor Rates for Selected Asian CitiesACMV Costs for Various Designs &Developments in Kuala LumpurM&E Costs for Selected Asian CitiesUnit Costs for Ancillary Facilitiesfor Kuala LumpurFit-Out Costs for Kuala Lumpur1
DOMESTICOFFICE /COMMERCIAL12INDUSTRIAL HOTELSIncluding public area fit-out and M&E, but excluding shop fit-out.OUTLINE SPECIFICATIONApartment units with fit-out, but excluding decorative light fittings and loose furniture.(Malaysia only) 6-12 units per floor, excluding air-conditioning, kitchen cabinets andhome appliances.Apartment units with good quality fit-out, including air-conditioning, kitchen cabinets andhome appliances, but excluding decorative light fittings and loose furniture.Houses with fit-out, including air-conditioning, kitchen cabinets and home appliances,but excluding decorative light fittings, loose furniture, garden and parking.(Malaysia only) Excluding air-conditioning, kitchen cabinets and home appliances.Houses with good quality fit-out, including air-conditioning, kitchen cabinets and homeappliances, but excluding decorative light fittings, loose furniture, garden and parking.RC structure, curtain wall, including public area fit-out, tenant area with raised floor/carpet, painted wall and false ceiling. (Malaysia only) Average standard quality officesexclude tenant fit-out and raised floor. Prestige quality offices exclude tenant fit-out.Budget hotels - 3-star, mid marketBusiness hotels - 4/5 -starLuxury hotels - 5-star1) Interior decoration2) Furniture (fixed and movable)3) Special light fittings (chandeliers, etc.)4) Operating Supplies and Equipment (OS&E) excluded.Industrial units, shell only (Conventional single storey RC structure with steel roof and M&E to main distribution, but excluding air-conditioning, heating and lighting.framed units)RC structure, including small office with simple fit-out and M&E, but excludingOwner operated factories, low rise, light weight industry air-conditioning and heating.Out-of-town shopping centre, average standardRetail malls, high endHigh rise offices, prestige qualityMedium/high rise offices, average standardDetached houses, high endTerraced houses, average standardApartment, high rise, high endApartment, high rise, average standardBUILDING TYPE1CONSTRUCTION COST SPECIFICATIONCONSTRUCTION COST DATA1. CONSTRUCTION COST DATACONSTRUCTION COST DATA
CONSTRUCTION COST DATA13Including fit-out, loose furniture and air-conditioning.(Malaysia only) Student hostels to university standard.Dry sports (no swimming pool) and are for ‘leisure centre’ type schemes includingmain sports hall, ancillary sports facilities, changing and showers, restaurant/cafe,bar, etc. Costs include a/c, Furniture, Fittings and Equipment (FF&E).Excluding medical and operating equipment.Students’ residencesSports clubs, multi purpose sports/leisure centres (drysports)General hospitals - public sectorSchools (primary and secondary)RC structureRC structure, natural ventilation, no facade enclosure.Including fit-out and air-conditioning, but excluding educational equipment.(Malaysia only) Schools with standard government provisions.Underground/basement car parks ( 3 levels)Multi storey car parks, above ground ( 4 levels)Notes:1. The costs for the respective categories given above are averages based on fixed price competitive tenders. It must be understood that the actual costof a building will depend upon the design and many other factors and may vary from the figures shown.2. The costs per square metre are based on Construction Floor Areas (CFA) measured to the outside face of the external walls/ external perimeterincluding lift shafts, stairwells, balconies, plant rooms, water tanks and the like.3. All buildings are assumed to have no basements (except otherwise stated) and are built on flat ground, with normal soil and site condition.The cost excludes site formation works, external works, land cost, professional fees, finance and legal expenses.4. The standard for each category of building varies from region to region and do not necessary follow that of each other.5. All costs are in US /m2 CFA unless otherwise stated. Fluctuation in exchange rates may lead to changes in construction costs expressed in U.S. dollars.OTHERS
1CONSTRUCTION COST DATA1. CONSTRUCTION COST DATAKUALA LUMPUR CONSTRUCTIONCOST TREND (2009 - 5001,00050002009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019Bungalows (mass housing)Terraced housesAverage standard apts high riseLow cost flats, low rise ( 6 levels)Detached houses and bungalowsLuxury apts, high riseLow cost flats, high rise ( 15 levels)Low cost ,0002,5002,0001,5002009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019Average standard offices, high risePrestige offices, high riseShopping CentresAll costs are at an average level unless otherwise stated14CONSTRUCTION COST DATA
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019Light duty flatted factoriesHeavy duty flatted factories and warehousesSingle storey conventional factory of structural steelworkOwner operated factories, low 03,0002,0001,0002009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019Resort Hotel inclusive of F.F.&E.3-star budget hotels, ditto5-star luxury hotels, dittoAll costs are at an average level unless otherwise statedCONSTRUCTION COST DATA15
16Resort hotels, inclusive of F.F.&E.3-star budget hotels, ditto5-star luxury hotels, dittoHOTELSAverage standard offices, high risePrestige offices, high riseShopping centresOFFICE / COMMERCIALDetached houses (mass housing)Detached houses (high end)Terraced housesAverage standard apartments, high riseLuxury apartments, high riseLow cost housingLow cost flats, low rise ( 6 levels)Low cost flats, high rise ( 15 006559351,2501CONSTRUCTION COST DATACONSTRUCTION COSTS FOR KUALA LUMPURCONSTRUCTION COST DATA
CONSTRUCTION COST 001,0201,2152,4301,3051,7651,4501,775The above costs are at 4th Quarter 2019 levels, inclusive of preliminaries (10%) but exclusive of contingencies.Basement car parks ( 3 levels)Elevated car parks ( 4 levels)Primary and Secondary schoolsStudent hostelsSports clubs inclusive of F.F.&E.OTHERSLight duty flatted factoriesHeavy duty flatted factories and warehousesSingle storey conventional factory ofstructural steelworkOwner operated factories, low 801,6902,040
18Resort hotels, inclusive of F.F.&E.3-star budget hotels, ditto5-star luxury hotels, dittoHOTELSAverage standard offices, high risePrestige offices, high riseShopping centresOFFICE / COMMERCIALDetached houses (mass housing)Detached houses (high end)Terraced housesAverage standard apartments, high riseLuxury apartments, high riseLow cost housingLow cost flats, low rise ( 6 levels)Low cost flats, high rise ( 15 959651,0451CONSTRUCTION COST DATACONSTRUCTION COSTS FOR JOHOR BAHRUCONSTRUCTION COST DATA
CONSTRUCTION COST 0251,2152,4001,3301,8001,4201,730The above costs are at 4th Quarter 2019 levels, inclusive of preliminaries (10%) but exclusive of contingencies.Basement car parks ( 3 levels)Elevated car parks ( 4 levels)Primary and Secondary schoolsStudent hostelsSports clubs inclusive of F.F.&E.OTHERSLight duty flatted factoriesHeavy duty flatted factories and warehousesSingle storey conventional factory ofstructural steelworkOwner operated factories, low 301,5902,000
20Resort hotels, inclusive of F.F.&E.3-star budget hotels, ditto5-star luxury hotels, dittoHOTELSAverage standard offices, high risePrestige offices, high riseShopping centresOFFICE / COMMERCIALDetached houses (mass housing)Detached houses (high end)Terraced housesAverage standard apartments, high riseLuxury apartments, high riseLow cost housingLow cost flats, low rise ( 6 levels)Low cost flats, high rise ( 15 1CONSTRUCTION COST DATACONSTRUCTION COSTS FOR PENANGCONSTRUCTION COST DATA
CONSTRUCTION COST 1251,2801,5301,3051,520The above costs are at 4th Quarter 2019 levels, inclusive of preliminaries (10%) but exclusive of contingencies.Basement car parks ( 3 levels)Elevated car parks ( 4 levels)Primary and Secondary schoolsStudent hostelsSports clubs inclusive of F.F.&E.OTHERSLight duty flatted factoriesHeavy duty flatted factories and warehousesSingle storey conventional factory ofstructural steelworkOwner operated factories, low 801,6301,885
22Resort hotels, inclusive of F.F.&E.3-star budget hotels, ditto5-star luxury hotels, dittoHOTELSAverage standard offices, high risePrestige offices, high riseShopping centresOFFICE / COMMERCIALDetached houses (mass housing)Detached houses (high end)Terraced housesAverage standard apartments, high riseLuxury apartments, high riseLow cost housingLow cost flats, low rise ( 6 levels)Low cost flats, high rise ( 15 4,0606257758901CONSTRUCTION COST DATACONSTRUCTION COSTS FOR KOTA KINABALUCONSTRUCTION COST DATA
CONSTRUCTION COST 51,2202,6301,3451,7601,3601,690The above costs are at 4th Quarter 2019 levels, inclusive of preliminaries (10%) but exclusive of contingencies.Basement car parks ( 3 levels)Elevated car parks ( 4 levels)Primary and Secondary schoolsStudent hostelsSports clubs inclusive of F.F.&E.OTHERSLight duty flatted factoriesHeavy duty flatted factories and warehousesSingle storey conventional factory ofstructural steelworkOwner operated factories, low 101,5151,830
24Resort hotels, inclusive of F.F.&E.3-star budget hotels, ditto5-star luxury hotels, dittoHOTELSAverage standard offices, high risePrestige offices, high riseShopping centresOFFICE / COMMERCIALDetached houses (mass housing)Detached houses (high end)Terraced housesAverage standard apartments, high riseLuxury apartments, high riseLow cost housingLow cost flats, low rise ( 6 levels)Low cost flats, high rise ( 15 353,1857951,0201,1601CONSTRUCTION COST DATACONSTRUCTION COSTS FOR KUCHINGCONSTRUCTION COST DATA
CONSTRUCTION COST 4351,0551,1901,3952,5351,2351,5701,4001,535The above costs are at 4th Quarter 2019 levels, inclusive of preliminaries (10%) but exclusive of contingencies.Basement car parks ( 3 levels)Elevated car parks ( 4 levels)Primary and Secondary schoolsStudent hostelsSports clubs inclusive of F.F.&E.OTHERSLight duty flatted factoriesHeavy duty flatted factories and warehousesSingle storey conventional factory ofstructural steelworkOwner operated factories, low 051,6451,800
26Budget hotels - 3 star, mid marketBusiness hotels - 4/5 starLuxury hotels - 5 starHOTELSMedium/high rise offices, average standardHigh rise offices, prestige qualityOut-of-town shopping centre,average standardRetail malls, high endOFFICE / COMMERCIALApartments, high rise, average standardApartments, high rise, high endTerraced houses, average standardDetached houses, high endDOMESTIC- 585- 1,375- 345- 9901,005 - 1,4051,325 - 2,1901,910 - 2,455670 - 1,005570 - 750855 - 1,265540 - 720300700215730KUALALUMPURUS /m2- 951- 1,319- 618- 1,0529681,252 - 1,3851,602 - 1,8361,869 - 2,170918 -801 - 9511,002 - 1,285684 - 8858011,068501868BANGKOK*1,1972,2761,1533,1031,216 - 1,3561,371 - 2,2901,884 - 3,1581,112 - 1,558958 - 1,1521,287 - 1,616814 - 175 - 2,3552,790 - 3,1152,790 - 3,1152,065 - 2,2451,740 - 1,920 1,955 - 2,100 1,955 - 2,0301,3402,0651,7402,210SINGAPORE 1CONSTRUCTION COST DATACONSTRUCTION COSTS FOR SELECTEDASIAN CITIESCONSTRUCTION COST DATA
CONSTRUCTION COST DATA(Cont’d)27RM 4.15688BAHT 29.96N/A601 - 801200 - 327N/AN/AN/AN/A534 -- 750- 683- 984- 968- 1,756872584PHP 51.051,450 - 1,6655024837137551,207697 -519 -The above costs are at 4th Quarter 2019 levels, inclusive of preliminaries but exclusive of contingencies.* Rates exclude VAT and contingencies.@ Rates are exclusive of contingencies & include 12% VAT. Rates are nett of GST and exclusive of contigencies. Includes raised floor and ceiling to tenanted areas but excludes office carpets (normally under tenant’s fit-out) Open all sides with parapet.840 - 1,160535345310365735Exchange Rate Used : US 1 -525425 -310215245295585435315 -Underground/basement car parks ( 3 levels)Multi storey car parks, above ground ( 4 levels)Schools (primary & secondary)Students’ residencesSports clubs, multi purpose sports/leisurecentres (dry sports)General hospitals - public sectorOTHERSIndustrial units, shell only. (Conventionalsingle storey framed units).Owner operated factories, low rise, lightweight industryINDUSTRIAL930S 1.382,790 - 2,900940 - 1,255650 - 930 N/A1,595 - 1,7051,995 - 2,100N/A760 -
28Budget hotels - 3 star, mid marketBusiness hotels - 4/5 starLuxury hotels - 5 starHOTELSMedium/high rise offices, average standardHigh rise offices, prestige qualityOut-of-town shopping centre,average standardRetail malls, high endOFFICE / COMMERCIALApartments, high rise, average standardApartments, high rise, high endTerraced houses, average standardDetached houses, high endDOMESTIC1,410 - 1,725N/A1,780 - 2,137930US /m2808 - 8951,258 - 1,4911,590 - 1,740632465570455- 653- 1,035- 414- 544585 -570860394520710 -806948514610430 538 420 --INDIA*760 - 880877 - 1,195N/A650827438500HO CHI MINH#3,800 - 4,0403,940 - 4,5804,580 - 5,2703,840 - 4,5802,950 - 3,4103,550 - 4,1202,940 - 3,4503,020 - 3,4903,910 - 4,5504,120 - 4,7706,040 upHONG KONG -2,7314,7654,5416,0383,381 - 3,8304,591 - 5,4885,488 - 6,4873,805 - 4,5912,570 - 3,3183,318 - 3,6302,420 - 3,6302,2333,1183,8054,641MACAU 1CONSTRUCTION COSTS FOR SELECTEDASIAN CITIES(Cont’d)CONSTRUCTION COST DATACONSTRUCTION COST DATA
CONSTRUCTION COST DATAUnderground/basement car parks ( 3 levels)Multi storey car parks, above ground ( 4 levels)Schools (primary & secondary)Students’ residencesSports clubs, multi purpose sports/leisurecentres (dry sports)General hospitals - public sectorExchange Rate Used : US 1 OTHERSIndustrial units, shell only. (Conventionalsingle storey framed units).Owner operated factories, low rise, lightweight industryINDUSTRIAL770455595700862VND 23,300N/A-465353 -645415545545806393312 -715305249320335620420394INR 71.11653 -285227282305595357 -336 --3,8402,2802,6903,2504,320HK 7.824,800 - 5,3503,2001,9202,4902,8603,7502,290 - 2,880N/AThe above costs are at 4th Quarter 2019 levels, inclusive of preliminaries but exclusive of contingencies.# Rates are nett of VAT and contingencies.* Rates are based on projects in Bangalore and are nett of GST. Mumbai costs are generally 8% higher. Rates are exclusive of contingencies. Offices of average standard are built to the following provisions:(i) Curtain wall/window wall facade.(ii) Tenant are with screeded floor, painted wall and ceiling.Schools (primary and secondary) are of public authority standard, no a/c and complete with basic external works. Rates are exclusive of contingencies and any management contract fee.(Cont’d)29N/A- 2,944- 1,460- 2,570- 2,046N/AMOP 8.062,0081,1102,2201,759N/AN/A
30Budget hotels - 3 star, mid marketBusiness hotels - 4/5 starLuxury hotels - 5 starHOTELSMedium/high rise offices, average standardHigh rise offices, prestige qualityOut-of-town shopping centre,average standardRetail malls, high endOFFICE / COMMERCIALApartments, high rise, average standardApartments, high rise, high endTerraced houses, average standardDetached houses, high endDOMESTIC960 - 1,1831,604 - 2,1182,043 - 2,629970 - 1,1831,563 - 2,1162,113 - 2,5271,208 - 1,558- 762- 1,701- 504- 7621,173 - 1,6156911,561473689878 - 1,1611,139 - 1,421N/A- 669- 1,679- 944- 1,747SHANGHAI*851 - 1,1461,146 - 1,883649 - 8676091,4748711,674BEIJING*US /m2967 - 1,0641,563 - 2,2312,125 - 2,342981 - 1,2101,763 - 2,2002,171 - 2,6001,089 - 1,523- 679- 1,163- 560- 7001,068 - 1,493571923465610905 - 1,0471,143 - 1,538731 - 935- 601- 962- 450- 1,785CHONGQING/CHENGDU*763 - 8501,115 - 1,345735 - 8075468794101,571SHENZHEN/GUANGZHOU*1CONSTRUCTION COST DATA(Cont’d)CONSTRUCTION COSTS FOR SELECTEDASIAN CITIESCONSTRUCTION COST DATA
CONSTRUCTION COST DATA31RMB 7.00- 1,010- 519- 699- 553- 1,1471,427 - 1,841725371554406934529334RMB 7.00815451667517891423 -273 -1,162 - 1,455-594519 -741446517366884327268 537RMB 7.00N/A504 - 805360 - 397400 - 440N/AN/AN/A488 -561RMB 7.00N/A433 - 608345 - 425458 - 506N/AN/AN/A446 -The above costs are at 4th Quarter 2019 levels, inclusive of preliminaries but exclusive of contingencies.* Rates are exclusive of contingencies. Houses of Shanghai and Chongqing/Chengdu are built to shell and core standard ONLY,where all tenant or occupant areas are unfurnished. Schools (primary and secondary) are of public authority standard, no a/c andcomplete with basic external works
JUBM Sdn Bhd (27638-X) Arcadis (Malaysia) Sdn Bhd (520443-H) Arcadis Projeks Sdn Bhd (233819-K) KDN PP10466/05/2013(032500) JUBM & Arcadis Construction Cost Handbook MALAYSIA 2020
