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FINANCIAL ASSESSMENTS

SUMMARY
100 Site Cost 2,000,000
200 Site Expenses 700,000 2,700,000
300 Building Cost 5,000,000
400 Building Expenses 1,720,000 6,720,000

TOTAL Estimated Capital Cost 8,420,000

500 Estimated Gross Income/annum 690,000


600 Estimated Outgoings/annum 250,000

TOTAL Estimated Net Income/annum 440,000

Net Return Before Tax= 5.53%


(Without Capital Growth)

DEVELOPMENT DETAILS
Design / Pre Construction Periods 18 months
Construction Period 18 months

Building (Proposed)
Gross Area :
Nett Lettable :
Net Gross Overall :
Net Typical Floor :
Floor Space Index :
Number of floors :

ANALYSIS OF ASSESSMENT
Site Cost (110)
Purchase Price =
Cost per square meter =
Cost per sq. m net lettable =
Building Cost (310)
Contract price =
Cost per gross square meter =
Cost per net lettable area =
Income Mix (less parking) =
Outgoings =
Site Expense Ratio =
Building Expense Ratio =

Total Estimated Capital Cost =


100 SITE COSTS
Land =
Legals =
Stamp Duty =
Agents Fee =

190 Total Site Cost =

200 SITE EXPENSES


(18 months period)
Majlis =
Land Tax =
Others =
Interest @ 12% per annum
On site cost (2,000,000) =
for 18 months
On site expenses for =
9 months

290 Total Site Expenses =

300 BUILDING COST


310 Building 11,000 @ 400 + 2,000 @ 220 =
Demolition =
Survey and Soil Testing =

390 Total Building Cost =

400 BUILDING EXPENSES


(18 months period)
410 Project Contingency @ 10%
of Item 390

420 Fees
421 Architect, Engineers and =
Quantity Surveyors @ 10%
Marketing and other =
advisers @ 2.5%
Contingency for additional =
design @ 2.5%

429 Total
Interest @ 12% per annum
Items 390 + 420 for say =
period of 6 months
Letting up fees @ 15% =
of estimated gross rental
Opening and Promotion expenses =

490 Total Building Expenses

500 ESTIMATED GROSS INCOME


(per annum)
sq.m rate
Basement 1,000 80 =
Ground Floor 1,000 120 =
Offices 8,000 60 =
Car Parking 50 200 =

600 ESTIMATED OUTGOINGS (per annum)


Rates and Taxes =
Majlis =
Land Tax =
Etcs =

Security / Caretaking =
Cleaning - Public Areas =
Repairs and Maintenance (say) =
Lighting Public Areas =
Garbage Removal =
Sprinkler Maintenance =
Insurance (include stamp duty) =
Fire & extraneous causes @ 0.15% =
on building cost (310), Fees (421)
Two Years Loss of Gross Income =
Public Risk =
Workers Compensation =

Air Conditioning
Running and Maintenance =
Sinking Fund =
Mechanical Ventilation Running
and Maintenance

Lifts
Running Cost @ 2,000 per lift =
Maintenance Cost @ 2,000 per lift =

Carpet Depreciation
15 psm =

Management and Void Allowance


2.5% of gross rent =
Management 2.5% of estimated gross
rent
Sundries =
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual
(MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR)
Income
Sales (Projects)
Progress Claims

Direct Costs
Projects
Labour
Material
Subcontract
Contracts
Labour
Material
Subcontract

GROSS PROFIT

Operating Costs
Controllable Costs
Salaries & Wages
Advertising
Office Supplies
Maintenance
Fixed Expenses
Rent
Interest
Depreciation
Electricity
Water
Telephone
Internet
Insurance

Total
NET PROFIT
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual
(MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR) (MYR)
Sales (Projects)
Deposits
Instalments

Contracts
Progress Claims
(less retention)

Other inflows
Fees
Loans

TOTAL RECEIPTS

Direct Costs
Projects
Fees (Arch etc)
Labour
Material
Subcontract
Contracts
Fees (Engr etc)
Labour
Material
Subcontracts

Operating Costs
Controllable
Salaries & Wages
Selling
Advertising
Fixed
Tax
Rent
Interest
Depreciation
Administration

TOTAL PAYMENTS

Cash at Beginning
Cash at End
Cash Increase/Decrease