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  • Hargeisa, Somaliland: General

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    Idiris Mohamoud
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    The document proposes a 12-floor apartment building project in Hargeisa, Somaliland containing 24 apartments with 3 bedrooms each plus living, dining and kitchen areas. Common amenities would include a kids play area, gym, prayer room, barbershop/salon, parking spaces, lifts, stairs, maintenance room, backup generator, and janitor's room. The budget estimates a development cost of $42,000 per apartment, $100,000 per floor, and $1.2 million for the whole building. Individual apartments would be sold for $65,000 each, or $130,000 per floor. The projected return on investment is a maximum of 2 years.

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    The document proposes a 12-floor apartment building project in Hargeisa, Somaliland containing 24 apartments with 3 bedrooms each plus living, dining and kitchen areas. Common amenities would include a kids play area, gym, prayer room, barbershop/salon, parking spaces, lifts, stairs, maintenance room, backup generator, and janitor's room. The budget estimates a development cost of $42,000 per apartment, $100,000 per floor, and $1.2 million for the whole building. Individual apartments would be sold for $65,000 each, or $130,000 per floor. The projected return on investment is a maximum of 2 years.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    2 views6 pages

    Hargeisa, Somaliland: General

    Uploaded by

    Idiris Mohamoud
    The document proposes a 12-floor apartment building project in Hargeisa, Somaliland containing 24 apartments with 3 bedrooms each plus living, dining and kitchen areas. Common amenities would include a kids play area, gym, prayer room, barbershop/salon, parking spaces, lifts, stairs, maintenance room, backup generator, and janitor's room. The budget estimates a development cost of $42,000 per apartment, $100,000 per floor, and $1.2 million for the whole building. Individual apartments would be sold for $65,000 each, or $130,000 per floor. The projected return on investment is a maximum of 2 years.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 6

    PROJECT PROPOSAL

    HARGEISA, SOMALILAND

    GENERAL

    ❶ 12 floors

    ❷ 24 apartments

    ❸ 3 bedroom apartment
    +living+dining+kitchen

    ❹ Kids-play area, gym, surau, barbershop/


    salon, parking spaces

    ❺ Lifts

    ❻ Stairs

    ❼ MEP room, backup generator

    ❽ Janitors room

    ❾ Supermarket

    BUDGET

    • Development cost/apartment: USD


    42000.00

    • Estimated cost/floor: USD 100,000.00

    • Estimated cost/building: 1,200,000.00

    • Sale rate/apartment: USD 65,000.00

    • Sale rate/floor: USD 130,000.00

    RETURN ON INVESTMENT

    • Maximum 2 years
    Reception

    Living

    Dining

    M.Bedroom

    Restroom

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