BUILDING CONSTRUCTION COST FOR PHILIPPINES Total Construction Floor Area: Cost Estimates as of:
26,825.00 SQ.M. 30-Sep-13
DESCRIPTION
BUILDING Min
Ave
DOMESTIC Average Standard Apartments, high rise
760,711,853.43
804,221,202.98
Luxury Apartments, high rise
985,276,238.21
1,052,645,553.64
Town houses
597,902,674.47
659,657,880.28
1,142,471,307.56
1,249,841,154.03
618,955,585.54
685,623,137.27
1,118,611,341.67
1,172,647,146.76
870,186,991.01
979,662,128.59
Resort hotels, inclusive of FF&E
1,059,663,190.67
1,267,385,246.59
3-star budget hotels, inclusive of FF&E
1,079,312,574.34
1,134,751,906.83
5-star budget hotels, inclusive of FF&E
1,368,439,219.74
1,409,843,278.18
353,688,906.02
371,232,998.59
397,198,255.58
465,269,334.71
1,049,838,498.83
1,136,857,197.94
Individual prestige house
OFFICE/COMMERCIAL Average standard offices, high rise Prestige office, high rise Shopping Centers
HOTELS
INDUSTRIAL Owner operated factories, low rise
HOTELS Carparks, above ground General Hospitals
Cost are at 4th Quarter of 2012 levels. Manila building costs are expected to increase by approximately 0.5%
COST PER SQ.M.
M & E TOTAL SERVICES Max
Min
Ave
Max
Min
847,730,552.53
196,493,836.68
245,617,295.85
294,740,755.02
957,205,690.11
1,120,014,869.08
266,670,206.92
343,864,214.19
421,058,221.46
1,251,946,445.13
721,413,086.10
75,790,479.86
102,457,500.55
129,124,521.25
673,693,154.33
1,357,211,000.50
221,757,329.97
281,407,244.67
341,057,159.38
1,364,228,637.52
752,290,689.00
265,266,679.52
319,302,484.61
373,338,289.69
884,222,265.06
1,226,682,951.85
369,127,707.48
414,742,348.14
460,356,988.79
1,487,739,049.15
1,089,137,266.17
228,774,966.99
319,302,484.61
409,830,002.22
1,098,961,958.00
1,475,107,302.51
318,600,720.90
355,092,433.43
391,584,145.96
1,378,263,911.57
1,190,191,239.32
348,074,796.41
389,478,854.85
430,882,913.29
1,427,387,370.74
1,451,247,336.62
400,005,310.38
520,006,903.50
640,008,496.62
1,768,444,530.12
388,777,091.15
110,878,664.98
155,089,778.24
199,300,891.49
464,567,571.01
533,340,413.85
94,036,336.13
120,001,593.12
145,966,850.11
491,234,591.70
1,223,875,897.04
353,688,906.02
462,462,279.90
571,235,653.78
1,403,527,404.86
er month (compoundedly) during 2013
TOTAL Ave
Max
1,049,838,498.83
1,142,471,307.56
1,396,509,767.83
1,541,073,090.54
762,115,380.84
850,537,607.34
1,531,248,398.70
1,698,268,159.88
1,004,925,621.88
1,125,628,978.70
1,587,389,494.90
1,687,039,940.64
1,298,964,613.20
1,498,967,268.39
1,622,477,680.02
1,866,691,448.46
1,524,230,761.68
1,621,074,152.61
1,929,850,181.68
2,091,255,833.24
526,322,776.82
588,077,982.64
585,270,927.83
679,307,263.95
1,599,319,477.84
1,795,111,550.81
M&E SERVICES COST FOR PHILIPPINES Total Construction Floor Area: Projected Month of Construction:
26,825.00 SQ.M. 31-Dec-12
DESCRIPTION
ELECTRICAL SERVI Min
Ave
DOMESTIC Average Standard Apartments, high rise
96,570,000.00
105,958,750.00
104,617,500.00
136,807,500.00
Town houses
37,555,000.00
42,920,000.00
Individual prestige house
80,475,000.00
114,006,250.00
88,522,500.00
107,300,000.00
128,760,000.00
144,855,000.00
96,570,000.00
128,760,000.00
Resort hotels, inclusive of FF&E
118,030,000.00
128,760,000.00
3-star budget hotels, inclusive of FF&E
126,077,500.00
136,807,500.00
5-star budget hotels, inclusive of FF&E
144,855,000.00
185,092,500.00
53,650,000.00
73,768,750.00
29,507,500.00
36,884,375.00
134,125,000.00
170,338,750.00
Luxury Apartments, high rise
OFFICE/COMMERCIAL Average standard offices, high rise Prestige office, high rise Shopping Centers
HOTELS
INDUSTRIAL Owner operated factories, low rise
HOTELS Carparks, above ground General Hospitals
Cost are at 4th Quarter of 2012 levels. Manila building costs are expected to increase by approximately 0.5% Source: Langdon & Seah Philippines Inc.
ES
MECHANICAL SERVICES Max
Min
Ave
Max
Min
115,347,500.00
16,095,000.00
26,825,000.00
37,555,000.00
16,095,000.00
168,997,500.00
56,332,500.00
68,403,750.00
80,475,000.00
18,777,500.00
48,285,000.00
16,095,000.00
25,483,750.00
34,872,500.00
-
147,537,500.00
67,062,500.00
73,098,125.00
79,133,750.00
-
126,077,500.00
80,475,000.00
93,887,500.00
107,300,000.00
17,436,250.00
160,950,000.00
107,300,000.00
111,323,750.00
115,347,500.00
17,436,250.00
160,950,000.00
67,062,500.00
93,887,500.00
120,712,500.00
17,436,250.00
139,490,000.00
80,475,000.00
84,498,750.00
88,522,500.00
17,436,250.00
147,537,500.00
88,522,500.00
97,911,250.00
107,300,000.00
17,436,250.00
225,330,000.00
107,300,000.00
140,831,250.00
174,362,500.00
17,436,250.00
93,887,500.00
17,436,250.00
28,836,875.00
40,237,500.00
16,095,000.00
44,261,250.00
2,682,500.00
4,023,750.00
5,365,000.00
14,753,750.00
206,552,500.00
112,665,000.00
143,513,750.00
174,362,500.00
20,118,750.00
er month (compoundedly) during 2013
COST PER SQ.M.
IRE SERVICES Ave
LIFT/ESCALATOR Max
Min
Ave
Max
20,118,750.00
24,142,500.00
21,460,000.00
34,872,500.00
48,285,000.00
26,825,000.00
34,872,500.00
21,460,000.00
34,872,500.00
48,285,000.00
-
-
-
-
-
-
-
-
-
-
20,789,375.00
24,142,500.00
42,920,000.00
50,967,500.00
59,015,000.00
24,813,125.00
32,190,000.00
59,015,000.00
68,403,750.00
77,792,500.00
20,789,375.00
24,142,500.00
18,777,500.00
36,213,750.00
53,650,000.00
21,460,000.00
25,483,750.00
40,237,500.00
46,943,750.00
53,650,000.00
21,460,000.00
25,483,750.00
48,285,000.00
54,991,250.00
61,697,500.00
23,471,875.00
29,507,500.00
48,285,000.00
64,380,000.00
80,475,000.00
20,118,750.00
24,142,500.00
17,436,250.00
20,118,750.00
29,507,500.00
37,555,000.00
45,602,500.00
30,178,125.00
40,237,500.00
24,142,500.00
36,213,750.00
48,285,000.00
-
-
-
PLUMBING SERVICES Min
Ave
TOTAL Max
Min
Ave
37,555,000.00
46,943,750.00
56,332,500.00
187,775,000.00
234,718,750.00
53,650,000.00
61,697,500.00
69,745,000.00
254,837,500.00
328,606,250.00
18,777,500.00
29,507,500.00
40,237,500.00
72,427,500.00
97,911,250.00
64,380,000.00
81,816,250.00
99,252,500.00
211,917,500.00
268,920,625.00
24,142,500.00
32,190,000.00
40,237,500.00
253,496,250.00
305,134,375.00
40,237,500.00
46,943,750.00
53,650,000.00
352,748,750.00
396,339,375.00
18,777,500.00
25,483,750.00
32,190,000.00
218,623,750.00
305,134,375.00
48,285,000.00
57,673,750.00
67,062,500.00
304,463,750.00
339,336,250.00
52,308,750.00
61,026,875.00
69,745,000.00
332,630,000.00
372,196,875.00
64,380,000.00
83,157,500.00
101,935,000.00
382,256,250.00
496,933,125.00
18,777,500.00
25,483,750.00
32,190,000.00
105,958,750.00
148,208,125.00
13,412,500.00
18,777,500.00
24,142,500.00
89,863,750.00
114,676,875.00
46,943,750.00
61,026,875.00
75,110,000.00
337,995,000.00
441,271,250.00
Max
281,662,500.00 402,375,000.00 123,395,000.00 325,923,750.00
356,772,500.00 439,930,000.00 391,645,000.00
374,208,750.00 411,763,750.00 611,610,000.00
190,457,500.00
139,490,000.00 544,547,500.00
