4.

2 Architectural Engineering

4.2.1 Project Cost Analysis

BUILDING CONSTRUCTION COST
SPACES TOTAL AREAS COST/SQ.M. BUILDING COST
OFFICE BUILDINGS 156,876 SQ.M. 40,000 6,275,040,000
STRIP MALLS 13,072 SQ.M. 30,000 392,160,000
TOTAL : 6,667,200,000

PROJECT COST ANALYSIS

A. CONSTRUCTION COST
1. BUILDING COST (Total Bldg. Floor Area x Cost per SQ.M) 6,667,200,000
2. EQUIPMENT COST (15% OF LINE 1) 1,000,008,000
3. PREMIUM COST (3% OF LINE 1) 200,016,000
4. CONTINGENCIES (8% OF LINE 1) 533,376,000
5. CONSTRUCTION COST ( SUM OF LINE 1 TO 4) 8,400,600,000
6. ESCALATION COST ( 3% OF LINE 5) 252,018,000
7. TOTAL CONSTRUCTION COST (SUM OF LINE 5 & 6) 8,652,618,000
B. CAPITAL & OTHER COST:
8. PROFESSIONAL FEES 85,172,000

(28,500,000 + 1% of excess of 1 billion OF LINE 1)

(As per Architect’s Guidelines 2016)
9. SITE ACQUISITION COST 1,466,602,500

(Lot area x Land Market Value / Sq.m.)

(168,575 x 8,700/sq.m.)

10. LAND DEVELOPMENT & SITE IMPROVEMENT COST 146,661,000

(Net Area for Development=Total Lot Area–Building Footprint) x Cost/Sq.m.

11. FIXED EQUIPMENT COST INCL. OUTSIDE UTILITIES (8% OF LINE 10) 11,732,880
12. MISCELLANEOUS (5% OF LINE 1) 333,360,000
13. CONTINGENCIES on other Cost (5% OF LINE 10 TO 12) 24,587,694
14. TOTAL CAPITAL & OTHER COST (Total of Line 8 to 13) 2,068,116,074
C. PROJECT DEVELOPMENT COST
15. PROJECT COST (Sum of Line 7 & 14)

10,720,734,074

1

094.776.360. 16.312.357 4 2 .000 ANNUAL INCOME (PHP) 1. OF BUILDINGS 25. (SQM) NO. OF BUILDINGS 2.796 6 RENT PER SQM/MONTHLY 1000 TOTAL MONTHLY INCOME (PHP) 154.074 RETURN ON INVESTMENT CASH INFLOW OFFICE BUILDINGS LEASABLE AREA PER BLDG.000 17.857.054. OWNER’S CONTINGENCIES (5% of Line 1) 333.000 STRIP MALLS LEASABLE AREA PER BLDG. (SQM) NO. TOTAL PROJECT DEVELOPMENT COST (Sum of Lines 15 & 16) 11.

2.000 TOTAL CASH OUTFLOW OPERATIONAL EXPENSES 30% OF TOTAL CASH INFLOW (PHP) 443.800 NET INCOME (PHP) 1.8% TOTAL PROJECT COST/NET INCOME RETURN IN = 7.448.428.3 BUILDING TECHNOLOGIES 3 .2 BUILDING UTILITIES 4.350.000 TOTAL CASH INFLOW (ANNUALLY) (PHP) 1. RENT PER SQM/MONTHLY 1000 TOTAL MONTHLY INCOME (PHP) 9.2.2 YEARS 4.097.136.970.527.000 ANNUAL INCOME (PHP) 113.200 NET INCOME/ TOTAL PROJECT COST x 100 ROI = 13.