Page 79 - Macau Building Development 2011 Issue No 2

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Approximate Building Costs for Major Cities in Asia 3 Quarter 2011 建
築
造
REGION
SEOUL TOKYO SINGAPORE KUALA BANGKOK JAKARTA BRUNEI MANILA 價
LUMPUR
2
BUILDING TYPE (USD/m CFA)
77
DOMESTIC
Average standard apartments, high rise ........ 1,389 2,244 1,710 485 803 605 885 840
Luxury apartments, high rise ........................ 1,736 3,127 2,805 1,124 1,127 815 1,095 1,058
Terraced houses ........................................... 1,736 N/A 2,075 335 566 N/A 535 592
Luxury houses .............................................. 2,084 2,741 2,440 1,010 938 485 765 1,159

OFFICE / SHOPPING CENTRE
Average standard offices, high rise ............... 1,237 2,701 2,115 791 727 585 885 825
Prestige offices, high rise .............................. 1,410 3,228 2,360 1,160 954 865 1,215 1,083
Average standard shopping centres .............. 1,575 2,203 2,280 791 776 505 865 750
Prestige shopping centres ............................. 2,182 2,315 2,520 963 905 540 1,120 966

INDUSTRIAL
Light duty flatted factories, high rise,
7.5 kpa (150 lb.) loading .............................. N/A 1,563 1,140 462 582 N/A 495 427
Heavy duty flatted factories and ware-
houses, high rise, 15 kpa (300 lb.) loading ... N/A 2,061 1,385 548 N/A N/A N/A 475
Single storey conventional factory
with structural steel roof ............................... 744 1,797 980 456 582 265 450 410

HOTEL
Resort hotels, inclusive of F.F.& E. ............... 1,612 3,523 2,520 1,402 2,199 1,225 1,460 1,285
3-star hotels, inclusive of F.F.& E. ................ 1,833 3,503 2,605 1,615 1,326 1,000 1,595 1,235
5-star hotels, inclusive of F.F.& E. ............... 2,444 5,127 3,500 2,354 1,875 1,420 2,205 1,598

OTHERS
Carparks, above ground ............................... 601 1,695 775 300 339 265 505 440

Exchange rate used: US$1 = KRW$1,083 JPY78.03 S$1.23 RM3.02 BHT30.93 IDR8,552 B$1.27 PHP42.75

Notes: The costs for the respective categories given above are averages based on fixed price competitive tenders.
It must be understood that the actual cost of a building will depend upon the design and many other
factors and may vary from the figure shown.

The costs per sq m are based on Construction Floor Areas measured to the outside face of the external
walls/external perimeter including lift shafts, stairwells, balconies, plant rooms, water tanks and the like.
All buildings are assumed to have no basements (except otherwise stated) and are built on flat ground,
with normal soil condition and site condition. The cost excludes site formation works, external works,
land cost,professional fees, finance and legal expenses.

The standard for each category of building vary from country to country and do not necessarily follow
those of Hong Kong.
Fluctuation in exchange rates may lead to changes in construction costs expressed in U.S.
dollars.

Source: DAVIS LANGDON & SEAH