construction costs for hong kong

8/2/2019 Construction Costs for Hong Kong

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Handbook 2005

www.davislangdon.comProperty & Construction Industry Handbook


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The following handbook of information relating to the

construction industry has been compiled by:

Davis Langdon & Seah Hong Kong Limited

2101 Leighton Centre

77 Leighton Road

Hong Kong

Telephone : (852) 2830 3500

Fax : (852) 2576 0416

Email : [email protected]

Website : www.dlsqs.com

Davis Langdon & Seah Hong Kong Limited

2009

All rights reserved. No part of this publication may be

re-produced or copied in any form without prior written

permission from Davis Langdon & Seah Hong Kong

Limited.

The information contained herein should be regardedas indicative and for general guidance only. Whilst

every effort has been made to ensure accuracy,

no responsibility can be accepted for errors and

omissions, however caused.

If advice concerning individual projects is required, we

would be happy to assist.

Unless otherwise stated, costs reected in this handbookare Hong Kong costs at 4th Quarter 2008.

Davis Langdon & Seah Hong Kong Limited would like to

acknowledge the assistance ofKnight Frank and Baker

& McKenzie in providing additional data and information

for this publication.

ISO 9001 : 2000Certicate No. : CC271

Published by Davis Langdon & Seah Hong Kong LimitedPrinted : March 2009 by R&R Publishing Limited

For private circulation to staffand business associates only


4/71

TABLE OF CONTENTS

1 2

Table of Contents 1

About Us 3Calendars 5

1. CONSTRUCTION COST DATA

Construction Costs for Hong Kong 9M&E Services Costs for Hong Kong 11

ACMV Costs for Various Designs

and Developments in Hong Kong 13Construction Cost Specication 15Fit-out Costs for Hong Kong 17Unit Costs for Ancillary Facilities

for Hong Kong 19Construction Costs for Selected Asian Cities 21M&E Costs for Selected Asian Cities 25Major Rates for Selected Asian Cities 29Construction Costs for Selected International

Cities 33

2. GENERAL CONSTRUCTION DATA

2009 Outlook 37Building Cost Trends in Hong Kong 40Labour Index in Hong Kong 43Material Prices in Hong Kong 44

Estimating Rules of Thumb 47Construction Activity in Hong Kong 49Construction Value in Hong Kong 50China's Buildings Going Green 51Hong Kong General Construction Insurance 53Specied Forms for Buildings Ordinance

or Regulations for Hong Kong 55Summary of Building Regulations for

Hong Kong 57Percentage Site Coverage and Plot Ratios

for Hong Kong 58Progress Payments 61

3. PROPERTY

Property Commentary 63Property Indicators 65Gross Floor Area (GFA) Calculations

in Hong Kong 67

Gross Floor Area (GFA) Calculationsin PRC 69

Construction Floor Area (CFA) Denition 71

4. FINANCIAL

Financial Denitions 73Financial Formulae 74

Mortgage Repayment Table 75Composite CPI 76Exchange Rates 77Currency Charts 79Prime Rates 81Hang Seng Index 83

5. OTHER INFORMATION

Fung Shui 85Quality Management System 88Utility Costs for Selected Asian Cities 89Conversion Factors 91IDD Codes and Time Differences 93Public Holidays 95Davis Langdon & Seah Professional Services 105China Map 115

International Directory of Ofces 117Telephone Directory 136


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DAVIS LANGDON & SEAH

ABOUT US

First established in 1934 in Singapore underthe name "Waters and Watson" we survived theSecond World War to become the pre-eminentQuantity Surveying and Construction CostManagement rm in Asia - operating for manyyears as Langdon Every and Seah. One of ourearly partners, Mr. Seah Mong Hee, was the rstAsian Chartered Surveyor (RICS) in the world.

Our Hong Kong ofce opened in 1949 and wequickly established ourselves as the leading rmin the profession. This year, we celebrate our 60thanniversary in Hong Kong.

Following a series of global mergers, DavisLangdon & Seah International was founded in1990. Today we operate in Asia, Europe and theMiddle East, USA, Australasia and Africa with over5,000 staff in 100 ofces across 23 countries.

We entered the China market in 1984, introducingmodern cost management techniques to itsnewly evolving construction market. Our initialcommissions were from Hong Kong and foreigndevelopers investing in China, although we havesince then further developed our client base toinclude state owned enterprises and local privatedevelopers. We now have 12 offices across

China located in Hong Kong, Shanghai, Beijing,Guangzhou, Shenzhen, Macau, Chongqing,Wuhan, Tianjin, Shenyang, Chengdu and Foshanwith a total staff count approaching 1,000.

For 60 years, DLS Hong Kong/China has beenproactively providing world-class constructionconsulting services for all types of building andinfrastructure projects. We are committed to furtherextending our professional expertise to relatedelds and further expanding our activities in Chinato support the needs of our clients as they exploreone of the world's largest and fastest growingmarkets.

3 4


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2 0 1 1

2 0 1 0

2 0 0 9

2 0 0 8

2008 JANUARY FEBRUARY MARCH S M T W T F S S M T W T F S S M T W T F S 1 2 3 4 5 1 2 1

6 7 8 9 10 11 12 3 4 5 6 7 8 9 2 3 4 5 6 7 813 14 15 16 17 18 19 10 11 12 13 14 15 16 9 10 11 12 13 14 1520 21 22 23 24 25 26 17 18 19 20 21 22 23 16 17 18 19 20 21 2227 28 29 30 31 24 25 26 27 28 29 23/3024/31 25 26 27 28 29

APRIL MAY JUNES M T W T F S S M T W T F S S M T W T F S

1 2 3 4 5 1 2 3 1 2 3 4 5 6 7 6 7 8 9 10 11 12 4 5 6 7 8 9 10 8 9 10 11 12 13 1413 14 15 16 17 18 19 11 12 13 14 15 16 17 15 16 17 18 19 20 2120 21 22 23 24 25 26 18 19 20 21 22 23 24 22 23 24 25 26 27 2827 28 29 30 25 26 27 28 29 30 31

JULY AUGUST SEPTEMBER S M T W T F S S M T W T F S S M T W T F S 1 2 3 4 5 1 2 1 2 3 4 5 6 6 7 8 9 10 11 12 3 4 5 6 7 8 9 7 8 9 10 11 12 1313 14 15 16 17 18 19 10 11 12 13 14 15 16 14 15 16 17 18 19 2020 21 22 23 24 25 26 17 18 19 20 21 22 23 21 22 23 24 25 26 2727 28 29 30 31 24/31 25 26 27 28 29 30 28 29 30

OCTOBER NOVEMBER DECEMBER S M T W T F S S M T W T F S S M T W T F S

1 2 3 4 1 1 2 3 4 5 6 5 6 7 8 9 10 11 2 3 4 5 6 7 8 7 8 9 10 11 12 1312 13 14 15 16 17 18 9 10 11 12 13 14 15 14 15 16 17 18 19 2019 20 21 22 23 24 25 16 17 18 19 20 21 22 21 22 23 24 25 26 2726 27 28 29 30 31 23/30 24 25 26 27 28 29 28 29 30 31

2009JANUARY FEBRUARY MARCH

S M T W T F S S M T W T F S S M T W T F S 1 2 3 1 2 3 4 5 6 7 1 2 3 4 5 6 7 4 5 6 7 8 9 10 8 9 10 11 12 13 14 8 9 10 11 12 13 1411 12 13 14 15 16 17 15 16 17 18 19 20 21 15 16 17 18 19 20 2118 19 20 21 22 23 24 22 23 24 25 26 27 28 22 23 24 25 26 27 28

2526 27 28 29 30 31 29

APRIL MAY JUNE S M T W T F S S M T W T F S S M T W T F S 1 2 3 4 1 2 1 2 3 4 5 6 5 6 7 8 9 10 11 3 4 5 6 7 8 9 7 8 9 10 11 12 1312 13 14 15 16 17 18 10 11 12 13 14 15 16 14 15 16 17 18 19 2019 20 21 22 23 24 25 17 18 19 20 21 22 23 21 22 23 24 25 26 2726 27 28 29 30 24/31 25 26 27 28 29 30 28 29 30

JULY AUGUST SEPTEMBER S M T W T F S S M T W T F S S M T W T F S 1 2 3 4 1 1 2 3 4 5 5 6 7 8 9 10 11 2 3 4 5 6 7 8 6 7 8 9 10 11 1212 13 14 15 16 17 18 9 10 11 12 13 14 15 13 14 15 16 17 18 1919 20 21 22 23 24 25 16 17 18 19 20 21 22 20 21 22 23 24 25 2626 27 28 29 30 31 23/3024/31 25 26 27 28 29 27 28 29 30

OCTOBER NOVEMBER DECEMBER

S M T W T F S S M T W T F S S M T W T F S1 2 3 1 2 3 4 5 6 7 1 2 3 4 5 4 5 6 7 8 9 10 8 9 10 11 12 13 14 6 7 8 9 10 11 1211 12 13 14 15 16 17 15 16 17 18 19 20 21 13 14 15 16 17 18 1918 19 20 21 22 23 24 22 23 24 25 26 27 28 20 21 22 23 24 25 2625 26 27 28 29 30 31 29 30 27 28 29 30 31

2010 JANUARY FEBRUARY MARCH S M T W T F S S M T W T F S S M T W T F S 1 2 1 2 3 4 5 6 1 2 3 4 5 6

3 4 5 6 7 8 9 7 8 9 10 11 12 13 7 8 9 10 11 12 1310 11 12 13 14 15 16 14 15 16 17 18 19 20 14 15 16 17 18 19 2017 18 19 20 21 22 23 21 22 23 24 25 26 27 21 22 23 24 25 26 2724/3125 26 27 28 29 30 28 28 29 30 31

APRIL MAY JUNE S M T W T F S S M T W T F S S M T W T F S 1 2 3 1 1 2 3 4 5 4 5 6 7 8 9 10 2 3 4 5 6 7 8 6 7 8 9 10 11 1211 12 13 14 15 16 17 9 10 11 12 13 14 15 13 14 15 16 17 18 1918 19 20 21 22 23 24 16 17 18 19 20 21 22 20 21 22 23 24 25 2625 26 27 28 29 30 23/3024/31 25 26 27 28 29 27 28 29 30

JULY AUGUST SEPTEMBER S M T W T F S S M T W T F S S M T W T F S 1 2 3 1 2 3 4 5 6 7 1 2 3 4 4 5 6 7 8 9 10 8 9 10 11 12 13 14 5 6 7 8 9 10 1111 12 13 14 15 16 17 15 16 17 18 19 20 21 12 13 14 15 16 17 1818 19 20 21 22 23 24 22 23 24 25 26 27 28 19 20 21 22 23 24 2525 26 27 28 29 30 31 29 30 31 26 27 28 29 30

OCTOBER NOVEMBER DECEMBER S M T W T F S S M T W T F S S M T W T F S

1 2 1 2 3 4 5 6 1 2 3 4 3 4 5 6 7 8 9 7 8 9 10 11 12 13 5 6 7 8 9 10 1110 11 12 13 14 15 16 14 15 16 17 18 19 20 12 13 14 15 16 17 1817 18 19 20 21 22 23 21 22 23 24 25 26 27 19 20 21 22 23 24 2524/3125 26 27 28 29 30 28 29 30 26 27 28 29 30 31

2011JANUARY FEBRUARY MARCH

S M T W T F S S M T W T F S S M T W T F S 1 1 2 3 4 5 1 2 3 4 5 2 3 4 5 6 7 8 6 7 8 9 10 11 12 6 7 8 9 10 11 12 9 10 11 12 13 14 15 13 14 15 16 17 18 19 13 14 15 16 17 18 1916 17 18 19 20 21 22 20 21 22 23 24 25 26 20 21 22 23 24 25 2623/3024/31 25 26 27 28 29 27 28 27 28 29 30 31

APRIL MAY JUNE S M T W T F S S M T W T F S S M T W T F S 1 2 1 2 3 4 5 6 7 1 2 3 4 3 4 5 6 7 8 9 8 9 10 11 12 13 14 5 6 7 8 9 10 1110 11 12 13 14 15 16 15 16 17 18 19 20 21 12 13 14 15 16 17 1817 18 19 20 21 22 23 22 23 24 25 26 27 28 19 20 21 22 23 24 2524 25 26 27 28 29 30 29 30 31 26 27 28 29 30

JULY AUGUST SEPTEMBER S M T W T F S S M T W T F S S M T W T F S 1 2 1 2 3 4 5 6 1 2 3 3 4 5 6 7 8 9 7 8 9 10 11 12 13 4 5 6 7 8 9 1010 11 12 13 14 15 16 14 15 16 17 18 19 20 11 12 13 14 15 16 1717 18 19 20 21 22 23 21 22 23 24 25 26 27 18 19 20 21 22 23 2424/3125 26 27 28 29 30 28 29 30 31 25 26 27 28 29 30

OCTOBER NOVEMBER DECEMBER

S M T W T F S S M T W T F S S M T W T F S1 1 2 3 4 5 1 2 3 2 3 4 5 6 7 8 6 7 8 9 10 11 12 4 5 6 7 8 9 10 9 10 11 12 13 14 15 13 14 15 16 17 18 19 11 12 13 14 15 16 1716 17 18 19 20 21 22 20 21 22 23 24 25 26 18 19 20 21 22 23 2423/3024/31 25 26 27 28 29 27 28 29 30 25 26 27 28 29 30 31

CALENDARS

5 6

30 31

29 30


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CONSTRUCTION COST DATA

Construction Costs for Hong Kong

M&E Services Costs for Hong Kong

ACMV Costs for Various Designs andDevelopments in Hong Kong

Construction Cost Specication

Fit-out Costs for Hong Kong

Unit Costs for Ancillary Facilities for Hong Kong

Construction Costs for Selected Asian Cities

M&E Costs for Selected Asian Cities

Major Rates for Selected Asian Cities

Construction Costs for Selected International Cities


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CONSTRUCTION COSTS FOR HONG KONG

6,4

85

-

6,7

20

665

-

860

7,1

50

-

7,5

80

9,2

45

-

9,7

10

1,8

05

-

2,1

60

11,0

50

-

11,8

70

11,1

00

-

12,9

30

2,0

30

-

2,6

10

13,1

30

-

15,5

40

14,4

45

-

15,9

80

1,9

35

-

2,4

00

16,3

80

-

18,3

80

21,0

70

up

2,2

20

-

3,2

30

23,2

90

up

10,4

10

-

11,9

40

2,9

60

-

3,6

80

13,3

70

-

15,6

20

14,3

80

up

3,8

30

-

4,9

00

18,2

10

up

10,6

80

-

13,2

80

3,2

50

-

3,8

40

13,9

30

-

17,1

20

14,7

40

up

3,6

20

-

4,4

00

18,3

60

up

13,4

10

-

14,7

90

3,9

40

-

4,5

00

17,3

50

-

19,2

90

19,1

10

up

4,2

20

-

5,4

60

23,3

30

up

6,0

20

-

6,6

40

1,6

00

-

1,8

10

7,6

20

-

8,4

50

6,4

00

-

7,2

50

1,7

46

-

2,0

80

8,1

46

-

9,3

30

4,7

90

-

5,3

60

1,1

70

-

1,7

20

5,9

60

-

7,0

80

8,2

40

-

8,4

90

1,3

70

-

1,9

10

9,6

10

-

10,4

00

10,0

70

-

10,6

00

1,9

70

-

2,9

60

12,0

40

-

13,5

60

9,1

00

-

10,3

30

2,0

40

-

2,7

10

11,1

40

-

13,0

40

15,4

20

-

17,6

30

3,7

70

-

4,5

70

19,1

90

-

22,2

00

DOMEST

IC

Lowcostho

using,

highrise

Averagesta

ndardapartments,

highrise

Luxuryapartments,

highrise

Terracedho

uses

Individualprestigehouses

OFFICE/C

OMMERCIAL

Averagesta

ndardofces,

highrise

Prestigeof

ces,

highrise

Averagesta

ndardshoppingcentres

Prestigeshoppingcentres

HOTELS

3-starbudgethotels,

inclusiveofF.F.

&E.

5-starluxuryhotels,

inclusiveofF.F.

&E.

INDUSTR

IAL

Lightduty

attedfactories,

7.5

kpa(150lb.)

loading

Heavyduty

attedfactoriesandwarehous

es,

15kpa(300lb.)

loading

OTHERS

Carparks,a

boveground

Primaryand

secondaryschools

Internationa

lschools

Studenthos

tels

SportsclubsinclusiveofF.F.

&E.

BUILDINGT

YPE

Thea

bovecos

tsarea

t4thQuarter2008leve

ls.

BUILDING

SERVICES

TOTAL

(HK$/m2)

CONSTRU

CTIONCOSTSFORHO

NGKONG

9 10


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M&E SERVICES COSTS FOR HONG KONG

--

305

-

360

30

-

50

120

-190

210

-260

665

-

860

405

-

500

710

-

770

60

-100

300

-340

330

-450

1,8

05

-2,1

60

550

-

720

800

-

900

60

-100

300

-380

320

-510

2,0

30

-2,6

10

750

-

910

770

-

940

15

-

30

--

400

-520

1,9

35

-2,4

00

800

-1,3

00

950

-1,3

00

40

-

80

--

430

-550

2,2

20

-3,2

30

1,2

00

-1,5

00

840

-1,0

00

260

-390

390

-500

270

-290

2,9

60

-3,6

80

1,6

50

-2,0

00

1,1

00

-1,4

00

300

-430

510

-700

270

-370

3,8

30

-4,9

00

1,4

30

-1,6

00

900

-1,0

00

300

-460

400

-480

220

-300

3,2

50

-3,8

40

1,6

50

-1,7

50

980

-1,2

50

340

-480

430

-600

220

-320

3,6

20

-4,4

00

1,5

00

-1,6

50

1,2

00

-1,3

00

370

-460

450

-550

420

-540

3,9

40

-4,5

00

1,6

00

-1,8

00

1,3

00

-1,8

00

430

-560

470

-700

420

-600

4,2

20

-5,4

60

370

-

400

380

-

430

240

-300

390

-410

220

-270

1,6

00

-1,8

10

370

-

400

470

-

530

240

-320

450

-550

216

-280

1,7

46

-2,0

80

120

-

300

450

-

560

240

-330

250

-350

110

-180

1,1

70

-1,7

20

300

-

520

620

-

710

110

-280

110

-130

230

-270

1,3

70

-1,9

10

720

-1,3

20

750

-

940

140

-280

110

-140

250

-280

1,9

70

-2,9

60

510

-

600

750

-1,0

00

140

-280

320

-360

320

-470

2,0

40

-2,7

10

1,5

00

-1,8

00

1,1

00

-1,3

00

390

-510

430

-510

350

-450

3,7

70

-4,5

70

DOMESTIC

Lowcosthous

ing,

highrise

Averagestand

ardapartments,

highrise

Luxuryapartm

ents,

highrise

Terracedhous

es

Individualpres

tigehouses

OFFICE/CO

MMERCIAL

Averagestand

ardofces,

highrise

Prestigeofce

s,

highrise

Averagestand

ardshoppingcentres

Prestigeshoppingcentres

HOTELS

3-starbudgethotels,

inclusiveofF.F.

&E.

5-starluxuryh

otels,

inclusiveofF.F.

&E.

INDUSTRIA

L

Lightdutyattedfactories,

7.5

kpa(150lb.)

loading

Heavydutya

ttedfactoriesandwarehouses,

15kpa(300

lb.)

loading

OTHERS

Carparks,abo

veground

Primaryandsecondaryschools

Internationals

chools

Studenthostels

SportsclubsinclusiveofF.F.

&E.

BUILDINGTYP

E

MECHANICAL

ELECTRICAL

FIRE

LIFTS/

HYDRAULIC

TOTAL

SERVICES

SERVICES

SERVICES

ESCALATORS

SERVICES

SERVICES

(HK$/m2)

M&ESERV

ICESCOSTSFORHON

GKONG

Thea

boveco

stsarea

t4thQuarter2008levels.

11 12


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ACMV COSTS FOR VARIOUS DESIGNSAND DEVELOPMENTS IN HONG KONG

13 14


11/71


CONSTRUCTION COST SPECIFICATION

The costs for the respective categories given on theprevious pages 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 gures shown.

The costs per square metre are based on construction

oor 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 basement (unless

otherwise stated) and to be built on at ground, with normal

soil conditions. The costs exclude external works, land

costs, professional fees, nance and legal expenses.

The standards for each category of building vary from

country to country and do not necessarily follow those

of Hong Kong.

DOMESTIC

Low cost housing is based on Hong Kong Housing

Authority's Harmony 1 Rental Block design.

Average standard apartments are based on blocks

containing 30-50 storeys, with 6-8 ats per storey and

600 s.f. - 1,000 s.f. per at.

Air conditioning, kitchen cabinets and home appliances

are included for average standard apartments, luxury

apartments, terraced houses and prestige houses.

All types of domestic construction include provision of

functional light ttings only and no feature light ttings

have been allowed. Fitting out works and loose furniture

are also not included.

OFFICE/COMMERCIAL

Ofce based on buildings 20-30 storeys high with oor

plans minimum 1,000 m2 per level.

Average standard ofces and shopping centres exclude

nishes, A/C ducting and light ttings to tenants areas.

Prestige offices have curtain wall elevations and

granite nished lobbies, with raised oor, suspended

ceiling, A/C ducting and light ttings to tenants areas.

INDUSTRIAL

Flatted factories exclude manufacturing equipment,

air-conditioning, electrical distribution systems

and special services provisions to tenants areas.

HOTELS

F.F. & E. includes interior decoration and loose furniture

etc. but excludes pre-opening expenses and hotel

operation system and equipment costs (e.g. cutlery,

crockery, linen, uniform, etc.).

Includes 1 level of basement.

OTHERS

Carparks to be multi-storey.

Primary and secondary schools with standard

government provisions.

International Schools with upgraded facilities.

Student hostels to university standard.

Sports club to the standard of the Government's indoor

recreational centre.

15 16


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FIT-OUT COSTS FOR HONG KONG

BUILDING TYPE HK$/m2 BUILDING TYPE HK$/m2DEPARTMENT STORES

General department store 5,200 - 8,200Prestige department store 8,800 up

Notes :

1. Includes electrical work, additional

FCUandminoralterationofre

services to suit layout.

2. Excludesfacademodication,data

cabling, operational items and

equipment (e.g. computers, P.O.S.,

ofceequipment)andopening

expenses.

RESTAURANTS General dining restaurant 6,700 -13,000

Fine dining restaurant 14,000 up

Note :

Includesfurniture,oor,wallandceiling

nishes,electricalwork,minoralterationto

air-conditioningandreservicesinstallation

tosuitlayout,exhaustforkitchenbut

excludesexhaustue,operationalitems

(e.g.cutlery,crockery,linen,utensils,etc.).

HOTELS

Public Areas (Front of House) :3-star Hotel 6,700 -10,0004-star Hotel 11,000 -14,0005-star Hotel 15,000 up

Guest Rooms :

3-star Hotel 4,800 - 6,0004-star Hotel 6,100 - 8,4005-star Hotel 8,500 up

Notes :

1.Includesfurniture,oor,walland

ceilingnishes,drapery,sanitary

ttingsandlightttings.

2. Excludes partitioning, M&E works,

buildingshell,chandeliers,operationalitems and equipment (e.g. cutlery,

crockery, linen, television, refrigerator

etc.),openingexpenses,stage

equipment and computer systems.

OFFICES

General ofce 4,200 - 6,500Executive ofce 6,600 - 8,900

Prestige ofce 9,000 upNotes :

1. Local/Taiwanese/PRC furniture allowed

forgeneralofces.

2. Includes furniture, partitioning, electrical

work, minor alteration to air-conditioning,

reservicesandsuspendedceiling

to suit ayout.

3.Excludestelephones,datacabling,

ofceequipment(e.g.computers,photo

copiers,faxmachines,UPS,etc).

17 18


13/71


DESCRIPTION UNIT HK$

UNIT COSTS FOR ANCILLARYFACILITIESFOR HONG KONG

PLAYGROUND EQUIPMENT

Outdoor playground equipment 200,000comprising various activities. per set to

550,000

GOLF SIMULATOR

Golf simulation systemcomplete with projector,high impact projection screen,articial turf, recording systemand control computer withsoftware (enclosing structure notincluded). per set 500,000

GOLF COURSES

(Based on average cost of an

18-hole golf course)

Excluding associated buildings 6,300,000and equipment. per hole to

11,000,000

STEAM BATHS

Steam bath for 4-6 peoplecomplete with all accessories(enclosing structure notincluded). per room 120,000

SWIMMING POOLS

Half Olympic (25m x 10.50m)

outdoor swimming pool built intoground, fully tiled; complete with

5m wide deck and associated

pool equipment and ozone

system. per pool 4,500,000

TENNIS COURTS

Single court on grade with

acrylic surfacing and complete

with chain link fence. per court 700,000

Single court on grade with

articial turf surfacing andcomplete with chain link fence. per court 800,000

Extra for lighting. per court 300,000

SQUASH COURTS

Single court with glass backwall

including associated mechanical

and electrical services but

excluding any public facilities

(enclosing structure not included). per court 350,000

SAUNAS

Sauna room for 4-6 peoplecomplete with all accessories(enclosing structure notincluded). per room 120,000

DESCRIPTION UNIT HK$

19 20


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CONSTRUCTION COSTS FOR SELECTEDASIAN CITIES

BUILDINGTYPE

(US$/m2)

DOMESTIC

Detachedhou

sesandbungalows

Terracedhous

es

Averagestandardapartments,

highrise

Luxuryapartm

ents,

highrise

OFFICE/CO

MMERCIAL

Averagestand

ardofces,

highrise

Prestigeofce

s,

highrise

Shoppingcen

tres

HOTELS

ResortHotel

3-starbudget

hotelsinclusiveofF.F.

&E.

5-starluxuryh

otelsinclusiveofF.F.

&E.

INDUSTRIA

L


7.5

kpa

(150lb.)

loa

ding

Heavydutya

ttedfactoriesand

warehouses

,15kpa

(300lb.)

loading

Singlestoreyconventionalfactoryof

structuralst

eelwork

Owneroperatedfactories,

lowrise

OTHERS

Basementcar

parks(

KUALA

LUMPUR

* @


15/71


CONSTRUCTION COSTS FOR SELECTEDASIAN CITIES

BUILDINGTYPE

(US$/m2)

DOMESTIC

Detachedhou

sesandbungalows

Terracedhouses

Averagestandardapartments,

highrise

Luxuryapartm

ents,

highrise

OFFICE/CO

MMERCIAL

Averagestandardofces,

highrise

Prestigeofce

s,

highrise

Shoppingcen

tres

HOTELS

ResortHotel

3-starbudget

hotelsinclusiveofF.F.

&E.

5-starluxuryh

otelsinclusiveofF.F.

&E.

INDUSTRIA

L


7.5

kpa

(150lb.)

loa

ding

Heavydutya

ttedfactoriesand

warehouses,

15kpa

(300lb.)

loading

Singlestorey

conventionalfactoryof

structuralsteelwork

Owneroperat

edfactories,

lowrise

OTHERS

Basementcar

parks(

construction costs for hong kong

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