Page 86 - URBAN REDEVELOPMENT PROPOSITIONS - MRT PANTAI STATION
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GROSS DEVELOPMENT COST (GDC)
Unit Unit RM/Unit RM
(i) Earthworks, Infrastructure & Landscaping 4.55 acre 1,500,000 6,830,000
503,440,000
(ii) Building Construction Cost 1,430 unit
510,270,000
(iii) Contingencies @ 5% 25,510,000
535,780,000
Gross Construction Cost (GCC)
(iv) Professional Fee @ 6.50% of Bldg Cost 32,720,000
(v) Development, Project & Site Management Fees @ 1.5% of Bldg Cost 7,550,000
(vi) Marketing Sales & Sales Administration Fee @ 2.5% of GDV 25,440,000
(vii) Land Conversion 28,000,000
(viii) Development Order/ Planning Fees 1430 150 200,000
(ix) Project & Sales Office
(a) Capital Cost Say 1,000,000
(b) Operating Cost 48 months 300,000 14,400,000
(x) Advertising & Promotion Cost 1.50% GDV Say 15,300,000
(xi) Statutory Fee, Development Charges & Contribution
Development Charges 1.50% of GDV 15,270,000
SYABAS (Water rect) & IWK 1.25% of GDV 12,720,000
TNB 1,430 unit 450 643,000
ISF Infra service Fund -road 1,430 unit 500 710,000
5,000
20,000
ISF Infra service Fund - drain 5 acre
Others 1,000,000
Survey Fees 5 acre 100,000 500,000
(xii) Building Plan & Infra Fees 1,430 unit 250 400,000
(xiii) Strata Titles 1,430 unit 2,860,000
2,000
(xiv) Legal & Miscellaneous Fees 1,430 Unit 1,430,000
1,000
(xv) Advertising Permit & Developers License (APDL) Say 500,000
(xvii) Bridging Finance 30% GDC at 7.0% pa for 3 years 3.00 33,750,000
730,193,000
Gross Development Cost (GDC)
