BUILDING CONSTRUCTION BUDGETARY COST

Our Building Construction Prices are budgetary only.  All prices stated below include a general allowance for foundation and external works as well.

TYPES OF DEVELOPMENT

COSTS PER CONSTRUCTION FLOOR AREA

(LOW – HIGH)
Office Buildings PHP/SQM
     Base Build      37,000/sqm – 120,000/sqm
     Base Build plus Fit-Out      70,000/sqm – 200,000/sqm
BPO & Mixed Used PHP/SQM
     BPO and Retail      48,000/sqm – 70,000/sqm
     Office and Retail      46,000/sqm – 90,000/sqm
     BPO with Fit-Out      50,000/sqm – 60,000/sqm
     BPO without Fit-Out      30,000/sqm – 50,000/sqm
     BPO, Residential & Retail      65,000/sqm – 120,000/sqm
     Hotel and Office      65,000/sqm – 120,000/sqm
Hotels with Furniture, Fixtures & Equipments PHP/SQM
     Hotel & Resort      40,000/sqm – 100,000/sqm
School Institution PHP/SQM
     School & Universities      40,000/sqm – 50,000/sqm
Retail, Shopping and Industrial PHP/SQM
     Retail Shops      35,000/sqm – 55,000/sqm
     Shopping Mall      40,000/sqm – 60,000/sqm
     Warehouse Storage (cool and non cool)      65,000/sqm – 150,000/sqm
     Distribution and Manufacturing Warehouse      40,000/sqm – 200,000/sqm
     IT/Data Centers      200,000/sqm – 600,000/sqm

EXCLUTIONS:

  • Land Cost
  • Legal & Professional Fees
  • Development Charges
  • Taxes & Licenses
  • Finance & Interest Cost
  • Loose Furniture, Fittings and Works of Art
  • Tenancy Works
  • Site Infrastructure Works
  • Diversion of Existing Works
  • Models & Prototypes
  • Future Cost Escalation