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MÁTA-NAW

Blending Modern Living with Natural Beauty:


A Mid-Rise Condominium and Hotel in Tanay, Rizal

PROJECT COST

Land Acquisition the Site is located in Brgy. Sampaloc, Tanay Rizal with the total lot
area of 139,698 square meter based on the said location.

ESTIMATED BUILDING COST

Table 3.1.3 Mid-Rise Condominium and Hotel


Space function Area (sqm) Quantity Total Floor Parameter Total
Cost/sqm Cost

Entrance 150.00 5 750 65, 000 48, 750, 000

Elevator 4.00 10 40 35, 000 1, 400, 000

Public restroom 110.00 50 5, 500 35, 000 192, 500, 000

Admin office 500.00 2 1, 000 40, 000 40, 000, 000

Fire exit 36.00 40 1,440 30, 000 43, 200, 000

Garbage Room 30 25 525 30,000 1, 575, 000

(MRF)

Rentable stalls 3,000. 00 1 3, 000 45, 000 135, 000, 000


area

Lobby 500.00 7 3, 500 55, 000 192, 500, 000

kiosk 60.00 2 120 60, 000 7, 200, 000

Reception Area 300.00 5 1, 500 50, 000 75, 000, 000

Waiting Lounge 50.00 7 350 45, 000 15, 750, 000

Parking Area 5,000.00 1 5, 000 30, 000 150, 000, 000

Mailing room 20.00 25 500 25, 000 12, 500, 000

CCTV/ Security 120.00 1 120 30, 000 3, 600, 000


Area

Advertising 25.00 1 25 25, 000 625, 000

Employee 25.00 6 150 25, 000 3, 750, 000


Lounge

Metering Office 50.00 1 50 30, 000 1,500, 000

Generator Room 50.00 20 1,000 30, 000 30, 000, 000

BANDOLA | GUEVARRA | MORALES 1


MÁTA-NAW
Blending Modern Living with Natural Beauty:
A Mid-Rise Condominium and Hotel in Tanay, Rizal

AHU 30.00 20 600 30, 000 18, 000, 000

Pump Room 30.00 20 600 30, 000 18, 000, 000

Electrical Room 120.00 20 2, 400 30, 000 72, 000, 000

Telcos (condo 80.00 3 240 30, 000 7, 200, 000


Only)

HOTEL

Standard 30.00 250 7, 500 50, 000 375, 000, 000

Deluxe 48.00 200 9, 600 50, 000 480, 000, 000

Luxury 62.00 100 6, 200 50, 000 310, 000, 000

CONDOMINIUM

Studio Type 36.00 50 1, 800 50, 000 90, 000, 000

1 Bedroom unit 52.00 30 1, 560 50, 000 78, 000, 000

2 Bedroom Unit 75.00 30 2,250 50, 000 112, 500, 000

3 Bedroom Unit 90.00 20 1, 800 50, 000 90, 000, 000

Penthouse 150.00 2 300 50, 000 15, 000, 000

AMENITIES

Function Room 500 5 2, 500 50, 000 125, 000, 000

Gym 800, 00 1 800 50, 000 40, 000, 000

Pool 2,000.00 1 2, 000 50, 000 100, 000, 000

Courts/Sports 5, 000.00 1 5, 000 45, 000 225, 000, 000


Area

Spa/Sauna 500.00 1 500 45, 000 22, 500, 000

Outdoor Cinema 1,500.00 1 1, 500 25, 000 37, 500, 000

Central Park 7, 000.00 1 7, 000 50, 000 350, 000, 000

Fitness Area 2, 000.00 1 2, 000 45, 000 90, 000, 000

Outdoor Dining 1,000.00 2 2, 000 50, 000 100, 000, 000

Indoor Water 2,500.00 1 2, 500 60, 000 150, 000, 000


Falls

TOTAL COST 3, 925, 050, 000

Note: This computation is just a preliminary estimate of the proponents

BANDOLA | GUEVARRA | MORALES 2


MÁTA-NAW
Blending Modern Living with Natural Beauty:
A Mid-Rise Condominium and Hotel in Tanay, Rizal

LAND DEVELOPMENT

Computation for Site development was based on “Guidelines for Site development Cost” by
WILLIAM PENA.

Site Preparation

Estimate 3%- 5% of Building Cost

Estimated Building Cost x 4% 3, 925, 050, 000 x .04

Total site preparation Cost 157, 002, 000

Note: This computation is just a preliminary estimate of the proponents

Sidewalks and Parking

Estimate 7% -9% of Building Cost


Estimated Building Cost x 8% 3, 925, 050, 000 x .08

Total Sidewalks and Parking Cost 314, 004, 000

Note: This computation is just a preliminary estimate of the proponents

On Site Utilities

Estimate 2% -4% of Building Cost


Estimated Building Cost x 3% 3, 925, 050, 000 x .03

Total On site Utilities Cost 117, 751, 500

Note: This computation is just a preliminary estimate of the proponents

BANDOLA | GUEVARRA | MORALES 3


MÁTA-NAW
Blending Modern Living with Natural Beauty:
A Mid-Rise Condominium and Hotel in Tanay, Rizal

Storm Drainage

Estimate 0.5%-1.5% of Building Cost

Estimated Building Cost x 1% 3, 925, 050, 000 x .01

Total Storm Drainage Cost 39, 250, 500

Note: This computation is just a preliminary estimate of the proponents

Landscape

Estimate 1%- 3% of Building Cost

Estimated Building Cost x 2% 3, 925, 050, 000 x .02

Total Landscape Cost 78, 501, 000

Note: This computation is just a preliminary estimate of the proponents

Outdoor Lighting

Estimate 1% of Building Cost

Estimated Building Cost x 1% 3, 925, 050, 000 x .01

Total Outdoor lighting Cost 39, 250, 500

Note: This computation is just a preliminary estimate of the proponents

Off-Site Utilities

Estimate 3%- 5% of Building Cost

Estimated Building Cost x 4% 3, 925, 050, 000 x .04

Total Off-Site Utilities Cost 157, 002, 000

Note: This computation is just a preliminary estimate of the proponents.

BANDOLA | GUEVARRA | MORALES 4


MÁTA-NAW
Blending Modern Living with Natural Beauty:
A Mid-Rise Condominium and Hotel in Tanay, Rizal

Furnishing and Equipment

Furniture and equipment that will be used for the project are estimated 20% of the Total Project
Cost

Estimated Building Cost x 20% 3, 925, 050, 000 x .20

Total Furnishing and Equipment Cost 785, 010, 000

Note: This computation is just a preliminary estimate of the proponents.

TOTAL LAND DEVELOPMENT COST

DEVELOPMENT COST

Site Preparation 157, 002, 000

Sidewalks and Parking 314, 004, 000

On-Site utilities 117, 751, 500

Off-Site Utilities 157, 002, 000

Storm Drainage 39, 250, 500

Landscape 78, 501, 000

Outdoor Lighting 39, 250, 500

Total Land Development Cost 902 761 500

Note: This computation is just a preliminary estimate of the proponents.

TOTAL ESTIMATED PROJECT CONSTRUCTION COST


Estimated Building Cost 3, 925, 050, 000

Land Acquisition 4, 889, 430, 000

Estimated land Development Cost 902 761 500

Estimated Manpower Cost 1, 177, 515, 000

Estimated Furnishing and Equipment 785, 010, 000

Total Estimated Project Construction Cost 11, 679, 766, 500

Note: This computation is just a preliminary estimate of the proponents.

BANDOLA | GUEVARRA | MORALES 5


MÁTA-NAW
Blending Modern Living with Natural Beauty:
A Mid-Rise Condominium and Hotel in Tanay, Rizal

Table 3.14 Annual Return of Investment

AMENITIES and COMMERCIAL

TOTAL FLOOR AREA PRICE PER SQM TOTAL PRICE PER


(PHP) YEAR (PHP)

OUTDOOR CINEMA 1, 500 3,000/ month 54, 000, 000


CENTRAL PARK 7, 000 3,000/month 252, 000, 000
OUTDOOR 500 3,000/month 18,000, 000
SPA/FITNESS

RENTABLE STALLS 3, 000 3,000/month 108, 000, 000

RESTAURANT 1,500 3,000/month 54, 000, 000

OUTDOOR 1,000 3,000/month 36,000,000


DINING
TOTAL 594, 000, 000

HOTEL

Total Floor Area Average Daily Price Per Sqm Total Price Per
Check In (Php) Year (Php)

STANDARD 9,000/250 unit 150 5, 200/day 280, 800, 000

DELUXE 9,600/200 unit 100 9, 500/day 342, 000, 000

LUXURY 6,200/100 unit 50 12, 700/day 228, 600, 000

ADMINISTRATIVE

BUILDING 200 3,000/month 7,200,000


ADMIN
TOTAL 858 600,000

Note: This computation is just a preliminary estimate of the proponents

BANDOLA | GUEVARRA | MORALES 6


MÁTA-NAW
Blending Modern Living with Natural Beauty:
A Mid-Rise Condominium and Hotel in Tanay, Rizal

CONDOMINIUM

15%-20% 72 months Total Price Per


Downpayment downpayment Year (Php)

STUDIO TYPE UNIT 5. 400, 000 75,000 /month 900, 000

1 6, 400, 000 88, 000/ month 1, 056, 000


BEDROOM UNIT

2 7, 000, 000 97, 222/ month 1, 166, 664


BEDROOM UNIT

3 8, 000, 000 111, 111/ 1, 333, 332


BEDROOM UNIT month

PENTHOUSE 11, 000, 000 152, 777/ 1,833, 324


month

STUDIO TYPE UNIT 1,800/50 unit 40,000/ month 24,000,000

1 BEDROOM UNIT 1,560/30 unit 55,000/ month 19,800,00

2 BEDROOM UNIT 2,250/30 unit 70,000/month 25,200,000

3 BEDROOM UNIT 1,800/20 unit 90,000/month 21,600,000

PENTHOUSE 240/2 unit 150,000/month 3,600,000

ANNUAL GROSS INCOME 1, 551, 757, 653


Note: This computation is just a preliminary estimate of the proponents

BANDOLA | GUEVARRA | MORALES 7


MÁTA-NAW
Blending Modern Living with Natural Beauty:
A Mid-Rise Condominium and Hotel in Tanay, Rizal

TOTAL REVENUE FOR YEARS 1, 551, 757, 653 x 30

= 46, 552, 729, 590

GRAND TOTAL COST 11, 679, 766, 500

ESTIMATE
CURRENT VALUE 46, 552, 729 590

COST OF INVESTMENT 11, 679, 766, 500

PROFIT 34, 872, 963, 090

RETURN OF INVESTMENT

34, 872, 963, 090 x 100 33.48 % in 30 years

11, 679, 766, 500

33.48% + 1.116% per year (increased)

30 years

Note: This computation is just a preliminary estimate of the proponents

BANDOLA | GUEVARRA | MORALES 8

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