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 Architects 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 AreaBuilding 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
 16. OWNERS CONTINGENCIES (5% of Line 1)

333,360,000
17. TOTAL PROJECT DEVELOPMENT COST (Sum of Lines 15 & 16) 11,054,094,074

RETURN ON INVESTMENT

CASH INFLOW

OFFICE BUILDINGS
LEASABLE AREA PER BLDG. (SQM) NO. OF BUILDINGS
25,796 6
RENT PER SQM/MONTHLY 1000

TOTAL MONTHLY INCOME (PHP) 154,776,000

ANNUAL INCOME (PHP) 1,857,312,000

STRIP MALLS
LEASABLE AREA PER BLDG. (SQM) NO. OF BUILDINGS
2,357 4

2
 RENT PER SQM/MONTHLY 1000

TOTAL MONTHLY INCOME (PHP) 9,428,000

ANNUAL INCOME (PHP) 113,136,000

TOTAL CASH INFLOW (ANNUALLY) (PHP) 1,970,448,000

TOTAL CASH OUTFLOW

OPERATIONAL EXPENSES

30% OF TOTAL CASH INFLOW (PHP) 443,350,800

NET INCOME (PHP) 1,527,097,200

NET INCOME/ TOTAL PROJECT COST x 100

ROI = 13.8%

TOTAL PROJECT COST/NET INCOME

RETURN IN = 7.2 YEARS

4.2.2 BUILDING UTILITIES

4.2.3 BUILDING TECHNOLOGIES