Construction Cost Handbook 2016 Vietnam

8/15/2019 Construction Cost Handbook 2016 Vietnam

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2/156

L A N G

D O N & S E A H V I E T N A M C O . , L T D

2

1

3

4

5

Handbook Cover Photos:

1. Harmony Apartment – Hanoi

2. Hilton Hanoi Hotel – Hanoi

3. The Estella Height 1 – HCMC

4. Mipec Riverside Residence – Hanoi

5. Saigon Center Phase 2&3 – HCMC

2


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Copyright Statement and information ca-

veat

Ninth Edition 2016

© Langdon & Seah Vietnam Co., Ltd

All rights reserved. No part of this publication

may be produced, copied, stored or transmitted

in any form without prior written permission fromLangdon & Seah Vietnam Co., Ltd.

The information contained herein should be

regarded as indicative and for general guidance

only. Langdon & Seah Vietnam Co., Ltd makes

no representation, expressed or implied, withregard to the accuracy of the information herein

and cannot accept any responsibility or liability

for any errors or omissions that may be made.

handbook are current as at 4th Quarter 2015.

3


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Table of Content 4Calendars 6

Introduction 7

4

L A N G


TABLE OF CONTENT

10

18

26

28

36

44

50

52

53

54

5862

63

64

67

72

77

82

1. CONSTRUCTION COST DATA

Construction Market 2016 Outlook

Major Rates for Selected Asian Cities

Construction Cost Specification

Construction Costs for Selected Asian Cities

M&E Costs for Selected Asian Cities

Utility Costs for Selected Asian Cities

2. GENERAL CONSTRUCTION DATA

Material Price Indices

Import Duties

Progress Payments

Estimating Rules of Thumb

3. PROPERTY INVESTMENT

Building Control and ProceduresProject Closed Out Procedures

Typical Submission Flowchart

Key Planning Parameter

Building Areas Definitions

Procurement Strategies

Contractor Selection Strategies

Property Overview


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5

90

90

91

93

94

98

104

108

109

110

112

121

122

124

126

128

132

134137

139

155

4. VIETNAM BUSINESS ENVIRONMENT

Language

Accounting System

Banks

Government Administration

Taxation

Insurance

Workforce

5. OTHER INFORMATION

Vietnam Map

Domestic Routes

Relevant Websites

Public Holidays

Prime Rates

IDD Codes and Time Differences

Conversion Factors

Some Interesting Facts

Vietnam Key Data

Arcadis Asia Leadership Team

Arcadis Asia Sectors Arcadis Asia Services

Directory of offices

Acknowledgement


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6

L A N G


CALENDARS

INTRODUCTION

JAN E MAR

PR MAY N

JUL AUG SEP

T V DE

J N E M R

PR MAY JUN

JUL AUG SEP

CT OV DEC

2016

2017

8 9

15 16 17 18 19 20 21

22 23 24 25 26 27 28

29 30 31 26 27 28

6 7

10 11 12 13 14

4

5 6 7 8 9 10 11

12 13 14 15 16 17 18

19 20 21 22 23 24 25

1 2 3 4

5 6 7 8 9 10 11

12 13 14 15 16 17 18

19 20 21 22 23 24 25

1 2 3

2 3 4 5 6 7 8

9 10 11 12 13 14 15

16 17 18 19 20 21 22

23 24 25 26

1

27

15 16 17 18 19 20 21

22 23 24 25 26 27 28

29 30 31

10 11 12 13 14

26 27

1

29 30

28 29 28 29

6

7 8 9 10 11 12 13

14 15 16 17 18 19 20

21 22 23 24 25 26 27

1 2 3 4 5

30

4 5 6 7 8 9 10

11 12 13 14 15 16 17

18 19 20 21 22 23 24

25 26 27 28

1 2 3

29

2 3

9 10 11 12 13 14 15

16 17 18 19 20 21 22

23 24 25

1

4 5 6 7 8

26 27 28 29

30 5

6 7 8 9 10 11 12

13 14 15 16 17 18 19

20 21 22 23 24 25 26

1 2 3 4

27 28 29 30

3 4

10 11 12 13 14 15 16

17 18 19 20 21 22 23

24 25 26

1 2

5 6 7 8 9

27 28 29

4

5 6 7

12 13 14 15 16 17 18

19 20 21 22 23 24 25

26 27

1 2 3

8 9 10 11

28 29

10 11 12 13 14 15 16

17 18 19 20 21 22 23

3 4

24 25 26

1 2

5 6 7 8 9

27 28 29 30

2 3 4 5

28 31

30

31 30

31

31 30

6 71 2 3 4 5

30

31

3 4

10 11 12 13 14 15 16

17 18 19 20 21 22 23

24 25 26 27 28 29

1 2

5 6 7 8 9

27 28 29 30

6

7 8 9 10 11 12 13

14 15 16 17 18 19 20

21 22 23 24 25 26 27

1 2 3 4 5 5

6 7 8 9 10 11 12

13 14 15 16 17 18 19

20 21 22 23 24 25 26

1 2 3 4

3 4 5 6 7 8 9

10 11 12 13 14 15 16

17 18 19 20 21 22 23

24 25 26 27

1 2

28

2 3

9 10 11 12 13 14 15

16 17 18 19 20 21 22

23 24 25

1

4 5 6 7 8

26 27 28 29

28 29

31

30 31

29 30 29 30

7

8 9 10 11 12 13 14

15 16 17 18 19 20 21

22 23 24 25 26 27 28

1 2 3 4 5 6

31

5 6 7 8 9 10 11

12 13 14 15 16 17 18

19 20 21 22 23 24 25

26 27 28 29

1 2 3 4

30

3 4

10 11 12 13 14 15 16

17 18 19 20 21 22 23

24 25 26

1 2

5 6 7 8 9

27 28 29 30

31 6

7 8 9 10 11 12 13

14 15 16 17 18 19 20

21 22 23 24 25 26 27

1 2 3 4 5

28 29 30 31

4 5

11 12 13 14 15 16 17

18 19 20 21 22 23 24

25 26 27

1 2 3

6 7 8 9 10

28 29 30

30 31 5

6 7 8

13 14 15 16 17 18 19

20 21 22 23 24 25 26

27 28

1 2 3 4

9 10 11 12

29 30

4 5

11 12 13 14 15 16 17

18 19 20 21 22 23 24

25 26 27

1 2 3

6 7 8 9 10

28 29 30 31


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future annually published handbooks, focuses on the

major cities in Asia.

The handbook is structured to serve as a general

reference guide on construction cost indicators in Asia.

The information contained in this handbook has been

compiled by Langdon & Seah Vietnam Co., Ltd. Any

further information and/or if advice relating to particular

Langdon & Seah Vietnam Co., Ltd

7

INTRODUCTION

INTRODUCTION

6


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Construction Market 2016 Outlook

Major Rates for Selected Asian Cities

Construction Costs for Selected Asian Cities

M&E Costs for Selected Asian Cities

Utility Costs for Selected Asian Cities

CONSTRUCTION COST DATA

1


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CONSTRUCTION MARKET 2016 OUTLOOK

12

CONSTRUCTION COST DATA10

1

L A N G



2015 was very important year for our business and we

witnessed both a change of brand name and an

increase in synergies.

In 2016 and as ARCADIS we can now deliver global

construction and engineering expertise to all areas

within the built and natural environments.

We all know Vietnam has experienced a difficult time

over the past few years but so also has the rest of the

world. We at ARCADIS strongly believe that Vietnam

is now positioned for better times ahead and we look

forward to being involved in Vietnam ongoingdevelopment.

As in 2015 much of the press has focused more on

politics rather than economic growth. The downturn in

China, the raising of interest rates in the USA and

potential the UK and geo political tensions all provide

reasons to expect lower global growth in 2015 than inprevious years.

Although Global GDP will be lower in 2016 we note

that Vietnam GDP growth remains quite strong at circa

6% on 2015 and circa 6.6% in 2016 it will remain

largely driven by exports and Foreign DirectInvestment.

THE GLOBAL ECONOMY 2016

Global GDP in 2015 will grow around 2.0% and the

fastest growing region will be Asia but few countries inthe region will improve upon their 2014 & 2015 growth.

Vietnam will likely be one the fastest growing Asian

economy at 6.6% growth.

The US and UK are likely to remain the best perform-

ing developed economies and Japan will continue itsown economic and structural reforms. QE has now

stopped in USA and UK where interest rate rises are


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13CONSTRUCTION COST DATA 11

expected. Europe and Japan will continue their

ongoing of QE and China.

All commodities will at best be flat in 2016 and this will

continue to affect most Emerging Markets.

THE VIETNAM ECONOMY 2016

Vietnam will have one of the higher GDP growth rates

in the region at circa 6.6% and growth will continue to

be fuelled by exports and Foreign Direct Investment

(FDI). Low commodity prices will affect Vietnam

exports but we note that due to a greater increase of

higher value exports than the commodity downturn will

not significantly hamper expert grown. In fact Vietnambalance of payments may improve due to the

commodity downturn.

The banking sectors non performing loans issues are

being rectified and as consequence we do expect an

improvement in money supply into the domestic

economy.

THE VIETNAM CONSTRUCTION MARKET 2016

The market will continue to remain flat and due to

limited access to credit. We do expect a greater FDI

focus into property development including private

investment into the residential market, industrial sector

and continued Overseas Development Assistance

(ODA) into the infrastructure sector.

Global commodity prices will at best be flat in 2016 but

from a low base and accordingly construction costs willnot increase significantly in 2016.


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16


1

L A N G D O N & S E A H V I E T N A M C O . , L T D


2 , 2 0 0

2 , 0 0 0

1 , 8 0 0

1 , 6 0 0

1 , 4 0 0

1 , 2 0 0

1 , 0 0 0

8 0 0

6 0 0

4 0 0

2 0 0

0

8 0 7 0 6 0 5 0 4 0 3 0 2 0 1 0 0

A n n u a l F o r e i g n I n v e s t m e n t ( 1 9 9 8 - 2 0 1 5 )

1 9 9 8

5 . 1 0

2 . 4 7

2 8 5

1 9 9 9

2 . 5 7

0 . 9 8

3 2 7

2 0 0 0

2 . 8 4

1 . 3 1

3 9 1

2 0 0 1

3 . 1

4

1 . 7

1

5 5

5

2 0 0 2

3 . 0 0

1 . 2 7

8 0 8

2 0 0 3

3 . 1 9

1 . 1 4

7 9 1

2 0 0 4

4 . 5 5

1 . 2 2

8 1 1

2 0 1 5

2 2 . 7 6

1 4 . 5 0

2 , 0 1 3

2 0 0 5

6 . 8 4

1 . 9 7

9 7 0

2 0 0 6

1 2 . 0 0

4 . 6 7

9 8 7

2 0 0 7

2 1 . 3 0

6 . 0 4

1 , 5 4 4

2 0 0 8

7 1 . 7 3

1 1 . 5 0

1 , 5 5 7

2 0 0 9

2 2 . 6 3 1 0 . 0 0 1 , 1 5 5

2 0 1 0

1 8 . 6 0

1 1 . 0 0

9 6 9

2 0 1 1

1 2 . 7 0

1 0 . 0 5

9 1 9

2 0 1 2

1 2 . 1 8

1 0 . 0 0

9 8 0

2 0 1 3

2 0 . 8 2 1 0 . 5 5 1 , 1 7 5

2 0 1 4

2 0 . 2 3

1 2 . 3 5

1 5 8 8

R e g i s t e r e d C a p i t a l ( b n U S $

)

L e g a l C a p i t a l ( b n U S $ )

N o . o f P r o j e c t s


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6 , 0 0 0

5 , 0 0 0

4 , 0 0 0

3 , 0 0 0

2 , 0 0 0

1 , 0 0 0

0

5 0

4 5

4 0

3 5

3 0

2 5

2 0

1 5

1 0 5 0

CONSTRUCTION COST DATA 13

F D I b y c o u n

t r i e s a s o f D e c 2 0 1 5

C h i n a

9 . 9 9

1 , 2 8 4

T a i w a n

3 0 . 6 9

2 , 4 7 5

M a l a y s i a

1 3 . 4 2

5 2 3

J a p a n

3 8 . 4 1

2 , 8 8 3

S . K o r e a

4 4 . 9 0

4 , 9 4 4

S i n

g a p o r e

3 4 . 7 2

1 , 5 2 6

B . V . I s l a n d s

1 9 . 2 1

6 2 0

H o n g K

o n g

1 5 . 6

9

9 7 2

T h a i l a n d

7 . 3 6

4 1 5

U n i t e d

S t a t e s

1 0 . 7 8

7 8 0

R e g i s t e r e d C a p i t a l

N o . o f P r o j e c t s


14/156

(Source: Vietnam Investment Review)

FDI BY SECTORS AS OF DECEMBER 2015

18


1



1

2

3

Sector

Industry and construction

Manufacturing

Property

Accommodation

Construction

Mining

Electricity, gas andwater production anddistribution

Information andCommunication

Wholesale & Retail;Repair

Water supply & Waste

treatment Agriculture & Forestry & Aquaculture

Service

Art & Entertainment

Logistics

Finance, Banking &

InsuranceHealth care & Social welfare

Science & Technology

Education and Training

Administration & Support-

ing services

Homecare

Others

Total

No. ofprojects

16,097

10,697

492

442

1,258

95

108

1,254

1,708

43

522

3,310

143

499

82

108

1,920

239

167

150

19,929

RegisteredCapital

(mn US$)

260,944

160,600

50,473

11,952

10,834

4,388

12,662

4,209

4,469

1,356

3,637

14,457

3,622

3,786

1,334

1,761

2,098

709

406

2 3.09

742.17

279,039

LegalCapital

(%)

94%

1%

5%

100%

1%5%

94%


15/156

VIETNAM ANNUAL ODA

19


Billion US$

( S o u r c e : M

i n i s t r y o f P l a n n i n g a n d I n

v e s t m e n t )

O D A C

o n c l u s i o n

O D A D

i s b u r s e m e n t

7 6 5 4 3 2 1 0

1 9 9 8

2 . 4 4

1 . 2 4

1 9 9

9

1 . 5 0

1 . 3 5

2 0 0 0

1 . 7 7

1 . 6 5

2 0 0 1

2 . 4 1

1 . 5 0

2 0 0 2

1 . 8 1

1 . 5 3

2 0 0 3

1 . 7 6

1 . 4 2

2 0 0 4

5 . 5 7

1 . 6 5

2 0 0 5

2 . 5 2

1 . 7 9

2 0

0 6

2 . 8 2

1 . 7 9

2 0 0 7

3 . 8 0

2 . 1 8

2 0 0 8

3 . 4 6

2 . 1 4

2 0 0 9 5

. 4 0 4 . 1 0

2 0 1 0

3 . 4 0

3 . 5 4

2 0 1 1

6 . 8 0

3 . 6 5

2 0 1 2

5 . 8 7

4 . 1 8

2 0 1 3

6 . 6 5 . 1 3

2 0 1 4

4 . 3 8

5 . 6 6

2 0 1 5

3 . 5 5 . 0 0


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17/156

C o n s t r u

c t i o n V a l u e ,

U S $ b n

C o n s t r u

c t i o n ,

% o

f G D P

C o n s t r u

c t i o n ,

R e a l G r o w t h ,

% y

- o - y

2 0 0 0

2 0 0 1

2 0 0 2

2 0 0 3

2 0 0 4

2 0 0 5

2 0 0 6

2 0 0 7

2 0 0 8

2 0 0 9

2 0 1 0

2 0 1 1

2 0 1 2

2 0

1 3

2 0 1 4

2 0 1 5

2 0

0 0

2 0 0 1

2 0 0 2

2 0 0

3

2 0 0 4

2 0 0 5

2 0 0 6

2 0 0 7

2 0 0 8

2 0 0 9

2 0 1 0

2 0 1 1

2 0 1 2

2 0 1 3

2 0 1 4

2 0 1 5

1 . 6 3

1 . 9 4

2 . 0 7

2 . 3

9

2 . 8 2

3 . 3 6

4 . 0 3

4 . 9 5

5 . 8 3

6 . 1 9

7 . 2 6

7 . 8 6

8 . 5 9

9 . 1 4

9 . 8 0

1 0 . 3 9

5 . 3 5

5 . 8 0

5 . 8 9

6 . 0

5

6 . 2 5

6 . 3 6

6 . 6 2

6 . 9 6

6 . 4 9

6 . 7 0

7 . 0 3

6 . 4 1

6 . 0 8

5 . 3 5

5 . 3 3

5 . 4 4

7 . 5 1

1 2 . 7 8

1 0 . 5 7

1 0 . 5 9

9 . 0 3

1 0 . 8 0

1 1 . 0 5

1 2 . 1 0

0 . 0 2

1 1 . 3 6

1 0 . 0 6

( 0 . 9 7 )

2 . 0 9

5 . 8 3

7 . 0 7

1 0 . 8 2

1 . 6

3

1 . 9

4

2 . 0

7

2 . 3

9

2 . 8

2

3 . 3

6

4 . 0

3

4 . 9

5

5 . 8

3

6 . 1

9

7 . 2

6

7 . 8

6

8 . 5

9

9

. 1 4

9 . 8

0

1 0

. 3 9

- 2 4 6 8 1 0

1 2

C o

n s t r u c t i o n V a

l u e , U S $ b n


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MAJOR RATES FOR SELECTED ASIAN CITIES

22


1

L A N G



m 3

m 3

m 3

m 3

m 3

m 3

k g

k g

m 2

m 2

m 2

D E S C R I P T I O N

U

n i t

H O C H I M I N H #

V N D

K U A L A L U M P U

R

R M

B A N G K O K #

B A H T

B R U N E I

B $

1 .

E x c a v a t i n g b a s e m e n t n o t e x

c e e d i n g 2 m d e e p

2 .

E x c a v a t i n g f o r f o o t i n g s n o t e

x c e e d i n g 1 . 5 m d e e p

3 .

R e m

o v e e x c a v a t e d m a t e r i a l s o f f s i t e

4 .

H a r d

c o r e b e d b l i n d e d w i t h f i n e m a t e r i a l s

5 .

M a s s c o n c r e t e g r a d e 1 5

6 .

R e i n

f o r c e d c o n c r e t e g r a d e 3

0

7 .

M i l d

s t e e l r o d r e i n f o r c e m e n t

8 .

H i g h

t e n s i l e r o d r e i n f o r c e m e

n t

9 .

S a w

n f o r m w o r k t o s o f f i t s o f s u s p e n d e d s l a b s

1 0 .

S a w n f o r m w o r k t o c o l u m n s

a n d w a l l s

1 1 .

1 1 2 . 5 m m t h i c k b r i c k w a l l s

6 8 , 3

0 0 - 7 5 , 4

0 0

7 6 , 4

0 0 - 8 4 , 5

0 0

7 0 , 4

0 0 - 7 7 , 8

0 0

3 5 0 , 0

0 0 - 3 8 6 , 9 0

0

1 , 3

7 7 , 9

0 0 - 1 , 5

2 2 , 9 0 0

1 , 7

8 7 , 4

0 0 - 1 , 9

7 5 , 5 0 0

1 7 , 6

0 0 - 1 9 , 5

0 0

1 6 , 0

0 0 - 1 7 , 7

0 0

1 8 4 , 0

0 0 - 2 0 3 , 3 0

0

2 3 5 , 3

0 0 - 2 6 0 , 0 0

0

1 9 8 , 0

0 0 - 2 1 8 , 8 0

0

1 5 - 2 0

1 5 - 2 0

2 0 - 2 5

6 0 - 7 0

2 4 0 - 2 8 0

2 6 0 - 3 2 0

3 . 0

0 - 3 . 3

0

3 . 0

0 - 3 . 3

0

3 8 - 4 5

3 8 - 4 5

4 5 - 5 0

1 2 0

1 2 0

1 2 0

6 5 0

2 , 2

0 0

2 , 6

0 0

2 3

2 2

4 2 0

4 2 0

7 0 0

3 . 5

0

3 . 0

0

3 . 0

0

4 3 . 0

0

1 2 4 . 0

0

1 3 0 . 0

0

0 . 6

5

0 . 6

5

1 5 . 0

0

1 5 . 0

0

1 7 . 5

0


19/156

A v e r a g e e x p e c t e d p r e l i m i n a r i e s

m 2

m 2

k g

k g

m 2

m 2

m 2

m 2

m 2

%

23


1 2 .

" K l i p

l o k C o l o r b o n d " 0 . 6

4 m m p

r o f i l e d s t e e l s h e e t i n g

1 3 .

A l u m

i n i u m c

a s e m e n t w i n d o w s

, s i n g l e g l a z e d

1 4 .

S t r u

c t u r a l s t e e l w o r k -

b e a m s , s t a n c h i o n s a n d t h e l i k e

1 5 .

S t e e

l w o r k - a n g l e s ,

c h a n n e l s , f l a t s a n d t h e l i k e

1 6 .

2 5 m

m C

e m e n t a n d s a n d ( 1 : 3 )

p a v i n g

1 7 .

2 0 m

m C

e m e n t a n d s a n d ( 1 : 4 )

p l a s t e r t o w a l l s

1 8 .

C e r a m i c t i l e s b e d d e d t o f l o o r s

c r e e d ( m / s )

1 9 .

1 2 m

m f

i b r o u s p l a s t e r b o a r d c e i l i n g l i n i n g

2 0 .

T w o

c o a t s o f e m u l s i o n p a i n t t o

p l a s t e r e d s u r f a c e s

4 9 4 , 2

0 0 -

5 4 6 , 2

0 0

2 , 6

6 0 , 0

0 0 -

2 , 9

4 0 , 0 0 0

2 6 , 0

0 0 -

2 8 , 7

0 0

2 8 , 5

0 0 -

3 1 , 5

0 0

5 7 , 4

0 0 -

6 3 , 5

0 0

8 2 , 0

0 0 -

9 0 , 6

0 0

2 3 9 , 5

0 0 -

2 6 4 , 7

0 0

2 8 3 , 5

0 0 -

3 1 3 , 3

0 0

7 7 , 7

0 0 -

8 5 , 8

0 0

8 -

1 2

5 5 -

6 0

3 5 0 -

5 0 0

6 . 0

0 -

8 . 0

0

6 . 0

0 -

8 . 0

0

1 5 -

2 2

1 5 -

2 2

5 0 -

7 0

3 5 -

4 5

3 . 5

0 -

4 . 5

0

6 -

1 2

1 , 2

0 0

7 , 0

0 0

5 5

5 5

2 0 0

2 2 0

1 , 2

0 0

8 0 0

1 2 0

1 2 -

1 8

5 8 . 0

0

1 6 0 -

2 1 0

3 . 5

0

3 . 2

0

9 . 0

0

8 . 0

0

3 3 . 0

0

2 8 . 0

0

5 . 0

0

5 -

8

T h e a b o

v e c o s t a r e a t 4 t h Q u

a r t e r 2 0 1 5 l e v e l s , e x c

l u s i v e o f p r e l i m i n a r i e s

a n d c o n t i n g e n c i e s u n l e s s o t h e r w i s e s t a t e d

.

# R a t e s

a r e n e t t o f V A T


20/156


21/156

21

A v e r a g e

e x p e c t e d p r e l i m i n a r i e s

m

2

m

2

k g

k g

m

2

m

2

m

2

m

2

m

2 %

25


1 2 .

" K l i p l o k C o l o r b o n d " 0 . 6

4 m m p r o f i l e d s t e e l s h e e t i n g

1 3 .

A l u m

i n i u m c a s e m e n t w i n d o w s , s i n g l e g l a z e d

1 4 .

S t r u c t u r a l s t e e l w o r k - b e a m s , s

t a n c h i o n s a n d t h e l i k e

1 5 .

S t e e

l w o r k - a n g l e s , c h a n n e l s , f l a t s a n d t h e l i k e

1 6 .

2 5 m m C e m e n t a n d s a n d ( 1 : 3 ) p a v i n g

1 7 .

2 0 m m C e m e n t a n d s a n d ( 1 : 4 ) p l a s t e r t o w a l l s

1 8 .

C e r a

m i c t i l e s b e d d e d t o f l o o r s c r e e d ( m / s )

1 9 .

1 2 m m f i b r o u s p l a s t e r b o a r d c e i l i n g l i n i n g

2 0 .

T w o



2 5 0

1 , 2

0 0

2 5

2 5

6 0

7 5

1 6 0

1 5 0

2 5

6 - 1 0

1 , 1

0 0

1 0 , 5

0 0

9 5

9 5

2 5 0

2 7 5

1 , 6

0 0

9 6 5

2 2 0

1 2 - 1 8

4 3 . 0

0

2 9 0 . 0

0

4 . 8

0 - 5 . 8

0

4 . 8

0 - 5 . 8

0

2 1 . 0

0

2 2 . 0

0

7 4 . 0

0

3 0 . 0

0

3 . 5

0 - 4 . 0

0

1 3 - 1 7

8 8 0

2 , 9 5

0

3 8 4 2 1 4 0

1 4 5

3 8 0

5 7 0

6 0 1 0 - 1 5

N / A

8 1 5

9 . 3

5

8 . 5

0 2 7

2 8

1 4 0

1 6 2

3 2

7 - 1 0

T h e a b o

v e c o s t a r e a t 4 t h Q u a r t e r 2 0 1 5 l e v e l s , e x c l u s i v e o f p r e l i m i n a r i e s

a n d c o n t i n g e n c i e s u n

l e s s o t h e r w i s e s t a t e d

.

# R a t e s

a r e n e t t o f V A T

* * R a t e s

a r e n e t t o f G S T

J a k a r t a - I t e m 1 9 - 9 m m g y p s

u m b o a r d

M a n i l a -

I t e m 1 3 - A l u m i n i u m

w i t h a n o d i z e d f i n i s h ; 6 m m t h i c k

S i n g a p o

r e - I t e m 5 - R a t e f o r

l e a n c o n c r e t e b l i n d i n g

H o n g K o

n g - I t e m 3 - R a t e i n c

l u d i n g d u m p i n g c h a r g

e s

B e i j i n g -

I t e m 1 3 - r a t e f o r d o u

b l e g l a z e d w i n d o w


22/156


22


1

L A N G




U

n i t

R M B

R M B

R M B

R M B

1 .

E x c a v a t i n g b a s e m e n t n o t e x

c e e d i n g 2 m d

e e p

2 .

E x c a v a t i n g f o r f o o t i n g s n o t e

x c e e d i n g 1 . 5

m d

e e p

3 .

R e m

o v e e x c a v a t e d m a t e r i a l s o f f s i t e

4 .

H a r d c o r e b e d b l i n d e d w i t h f i n e m a t e r i a l s

5 .

M a s

s c o n c r e t e g r a d e 1 5

6 .

R e i n

f o r c e d c o n c r e t e g r a d e 3

0

7 .

M i l d

s t e e l r o d r e i n f o r c e m e n t

8 .

H i g h

t e n s i l e r o d r e i n f o r c e m e n t

9 .

S a w

n f o r m w o r k t o s o f f i t s o f s

u s p e n d e d s l a b s

1 0 .

S a

w n f o r m w o r k t o c o l u m n s

a n d w a l l s

1 1 .

1 1 2 . 5

m m t

h i c k b r i c k w a l l s

m 3

m 3

m 3

m 3

m 3

m 3

k g

k g

m 2

m 2

m 2

C H O N G Q I N G

/ C H E N G D U

S H E N Y A N G

S H A N G H A I

S H E N Z H E N

/ G U A N G - Z H O U

3 0

3 0

9 8

1 6 5

3 2 0

4 2 0

3 . 4

0

3 . 4

0 8 4

8 4

8 5

3 0

2 5

6 5

1 8 0

4 4 9

4 8 4

5 . 0

0

5 . 0

0 8 0

8 0

6 0

1 8

2 5

5 2

1 5 0

3 4 0

3 6 0

3 . 5

0

3 . 5

0 5 0

5 0

6 5

2 2

2 5

3 5

1 5 0

4 1 0

5 0 0

4 . 2

0

4 . 2

0 9 0

9 0

7 0


23/156

A v e r a g e


m

2

m

2

k

g

k

g

m

2

m

2

m

2

m

2

m

2 %

23


1 2 .

" K l i p l o k C o l o r b o n d " 0 . 6

4 m m p r

o f i l e d s t e e l s h e e t i n g

1 3 .

A l u m

i n i u m c

a s e m e n t w i n d o w s ,

s i n g l e g l a z e d

1 4 .

S t r u c

t u r a l s t e e l w o r k -

b e a m s , s


1 5 .

S t e e l w o r k - a n g l e s ,

c h a n n e l s , f

l a t s a n d t h e l i k e

1 6 .

2 5 m m C

e m e n t a n d s a n d ( 1 : 3 ) p a v i n g

1 7 .

2 0 m m C

e m e n t a n d s a n d ( 1 : 4 ) p l a s t e r t o w a l l s

1 8 .

C e r a

m i c t i l e s b e d d e d t o f l o o r s c

r e e d ( m / s )

1 9 .

1 2 m m f

i b r o u s p l a s t e r b o a r d c e i l i n g l i n i n g

2 0 .

T w o



N / A

6 9 0

1 0 . 0

0

8 . 0

0 2 5

2 6

1 5 5

1 5 0

3 9

5 -

1 0

N / A

5 2 5

1 0 . 0

0

8 . 0

0 3 0

2 5

1 5 0

1 8 0

3 0

5 -

1 0

N / A

7 0 0

8 . 5

0

8 . 5

0 2 8

3 2

1 2 0

1 2 0

3 5

5 -

1 0

N / A

7 0 0

9 . 8

0

9 . 8

0 2 5

2 6

1 6 5

1 2 0

3 0

5 -

1 0

T h e a b o



l e s s o t h e r w i s e s t a t e d .

S h a n g h a i - I t e m 1 1 - R a t e f o r

1 2 0 m m t h i c k c o n c r e t e b l o c k w a l l s

C h o n g q i n g / C h e n g d u , S h e n y a n g - I t e m 1 3 - r a t e f o r d o u b l e g l a z e d w i n d o

w


24/156


22


1




U A C A M

L U O E S

^ ^

I N D I A @

M O P

m

3

m

3

m

3

m

3

m

3

m

3

k

g

k

g

m

2

m

2

m

2

U n i t

W R K

s R

D A L I A N

R M B

1 .

E x c a v a t i n g b a s e m e n t n o t e x c

e e d i n g 2 m d

e e p

2 .

E x c a v a t i n g f o r f o o t i n g s n o t e x

c e e d i n g 1 . 5

m d

e e p

3 .

R e m o v e e x c a v a t e d m a t e r i a l s

o f f s i t e

4 .

H a r d c o r e b e d b l i n d e d w i t h f i n e m a t e r i a l s

5 .

M a s s

c o n c r e t e g r a d e 1 5

6 .

R e i n f o r c e d c o n c r e t e g r a d e 3 0

7 .

M i l d s t e e l r o d r e i n f o r c e m e n t

8 .

H i g h

t e n s i l e r o d r e i n f o r c e m e n

t

9 .

S a w n

f o r m w o r k t o s o f f i t s o f s u

s p e n d e d s l a b s

1 0 .

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n f o r m w o r k t o c o l u m n s a n d w a l l s

1 1 .

1 1 2 . 5

m m t

h i c k b r i c k w a l l s

2 8

3 3

3 0

1 7 0

4 2 0

5 0 0

4 . 2

0

4 . 2

0 9 2

9 2

7 0

1 2 0

1 4 0

9 0

1 , 1

0 0

1 , 4

0 0

1 , 3

0 0

8 . 0

0

8 . 0

0

2 8 0

2 8 0

5 0 0

1 7 5

1 9 5

N A

4 , 0

2 5

5 , 6

5 0

6 , 8

5 0

6 3

6 5

6 0 0

6 5 0

9 4 0

1 , 9

3 0

1 , 9

3 0

9 , 9

0 0

2 9 , 2

0 0

6 4 , 4

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0 0

1 , 2

4 0

1 , 2

8 0

2 9 , 4

0 0

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0 0


25/156

5 - 1 0

A v e r a g e


m

2

m

2

k g

k g

m

2

m

2

m

2

m

2

m

2 %

29


1 2 .

" K l i p

l o k C o l o r b o n d " 0 . 6

4 m m p

r o f i l e d s t e e l s h e e t i n g

1 3 .

A l u m

i n i u m c

a s e m e n t w i n d o w s ,

s i n g l e g l a z e d

1 4 .

S t r u c t u r a l s t e e l w o r k -

b e a m s , s


1 5 .

S t e e

l w o r k - a n g l e s ,

c h a n n e l s ,

f l a t s a n d t h e l i k e

1 6 .

2 5 m

m C

e m e n t a n d s a n d ( 1 : 3 ) p a v i n g

1 7 .

2 0 m

m C

e m e n t a n d s a n d ( 1 : 4 ) p l a s t e r t o w a l l s

1 8 .

C e r a

m i c t i l e s b e d d e d t o f l o o r s c r e e d ( m / s )

1 9 .

1 2 m

m f

i b r o u s p l a s t e r b o a r d c e

i l i n g l i n i n g

2 0 .

T w o

c o a t s o f e m u l s i o n p a i n t t o p l a s t e r e d s u r f a c e s

N / A

7 0 0

9 . 8

0

9 . 8

0 3 7

4 0

1 4 0

1 4 0

3 2

N / A

4 , 0

0 0

3 8

4 3

1 2 0

1 5 0

5 0 0

6 5 0

2 0 0

6 -

1 2

1 , 4

2 5

5 , 2

5 0

1 0 3

1 0 3

4 0 0

3 4 0

1 , 4

5 0

1 , 1

0 0

2 1 0

8 -

1 2

3 9 , 3

0 0

3 2 1 , 0

0 0

1 , 6

6 0

1 , 6

6 0

3 , 1

6 0

9 , 3

0 0

6 4 , 4

0 0

2 6 , 5

0 0

7 , 8

7 0

6 -

1 1

T h e a b o



l e s s o t h e r w i s e s t a t e d .

@ A

l l r a t e s a b o v e a r e S u p p l y

& F i x b a s e d o n p r o j e c t s i n B a n g a l o r e a n d a

r e n e t t o f V A T a n d S e r v i c e T a x . M u m b a i c o s t s a r e g e n e r a l l y 8 %

h i g h e r

^ ^ R a t e s i n c l u d e l a b o u r c o s t s

a n d a r e n e t t o f V A T

D a l i a n -

I t e m 1 3 - r a t e f o r d o u b l e g l a z e d w i n d o w


26/156

N O I T A C I F I C E P S

E N I L T U O

G N I D

L I U B

D O M E S T I C

O F F

I C E /

C O M M E R C I A L

H O T

E L S

I N D U S

T R I A L

CONSTRUCTION COST SPECIFICATION

30


1

L A N G



A p a r t m e n t s , h i g

h r i s e , a v e r a g e s t a n d a r d

A p a r t m e n t s , h i g

h r i s e , h i g h e n d

T e r r a c e d h o u s e

s , a v e r a g e s t a n d a r d

D e t a c h e d h o u s e s , h i g h e n d

A p a r t m e n t u n i t s

w i t h f i t - o u t , i n c l u d i n g a i r - c o

n d i t i o n i n g ,

k i t c h e n c a b i n e t s a n d h o m e a p p l i a n c e s ,

b u t e x c l u d i n g d

e c o r a t i v e l i g h t f i t t i n g s a n d l o o s e f u r n i t u r e

A p a r t m e n t u n i t s

w i t h g o o d q u a l i t y f i t - o u t , i n

c l u d i n g a i r - c o n d i t i o n i n g ,

k i t c h e n c a b i n e t s a n d h o m e

a p p l i a n c e s ,

b u t e x c l u d i n g d e c o r a t i v e l i g h t

f i t t i n g s a n d l o o s e f u r n i t u r e

H o u s e s w i t h f i t - o

u t , i n c l u d i n g a i r - c o n d i t i o n i n g ,

k i t c h e n c a b i n e t s a n d h o

m e a p p l i a n c e s ,

b u t

e x c l u d i n g d e c o

r a t i v e l i g h t f i t t i n g s ,

l o o s e f u

r n i t u r e , g a r d e n a n d p a r k i n g

H o u s e s w i t h g o o

d q u a l i t y f i t - o u t , i n c l u d i n g a i r - c o n d i t i o n i n g ,

k i t c h e n c a b i n e t s a n d h o m e

a p p l i a n c e s ,

b u t e x c l u d i n g d e c o r a t i v e l i g h t

f i t t i n g s ,

l o o s e f u r n i t u r e , g a r d e n a n d p a r k i n g

M e d i u m / h i g h r i s

e o f f i c e s , a v e r a g e s t a n d a r d

H i g h r i s e o f f i c e s

, p r e s t i g e q u a l i t y

O u t - o f - t o w n s h o

p p i n g c e n t r e , a v e r a g e s t a n

d a r d

R e t a i l m a l l s , h i g

h e n d

R C s t r u c t u r e , c u

r t a i n w a l l , i n c l u d i n g p u b l i c a r e a f i t - o u t , t e n a n t a r e a w i t h r a i s e d f l o o r / c a r p e t ,

p a i n t e d w a l l a n d

f a l s e c e i l i n g

I n c l u d i n g p u b l i c a r e a f i t - o u t a n d M & E , b u t e

x c l u d i n g s h o p f i t - o u t

I n d u s t r i a l u n i t s ,

s h e l l o n l y

( C o n v e n t i o n a l s

i n g l e s t o r e y f r a m e d u n i t s )

O w n e r o p e r a t e d f a c t o r i e s , l o w r i s e , l i g h t w e i g h

t i n d u s t r y

R C s t r u c t u r e w i t h s t e e l r o o f a n d M & E t o m a i n d i s t r i b u t i o n , b u t e x c l u d i n g a / c , h e a t i n g a n d l i g h t i n g

R C s t r u c t u r e , i n c l u d i n g s m a l l o f f i c e w i t h s i m

p l e f i t - o u t a n d M & E , b u t e x c l u d i n g a / c a n d h e a t i n g

B u d g e t h o t e l s -

3 - s t a r , m i d m a r k e t

B u s i n e s s h o t e l s

- 4 / 5 - s t a r

L u x u r y h o t e l s - 5 - s t a r

1 ) I n t e r i o r d e c o r a t i o n

2 ) F u r n i t u r e ( f i x e d a n d m o v a b l e )

3 ) S p e c i a l l i g h t

f i t t i n g s ( c h a n d e l i e r s , e t c . )

4 ) O p e r a t i n g S u

p p l i e s a n d E q u i p m e n t ( O S

& E ) e x c l u d e d


27/156

O T H

E R S

31


R C s t r u c t u r e

R C s t r u c t u r e , n a t u r a l v e n t i l a i o n , n o f a c a d e e n c l o s u r e

I n c l u d i n g f i t - o u t

a n d a / c , b u t e x c l u d i n g e d u c a t i o n a l e q u i p m e n t

I n c l u d i n g f i t - o u t , l o o s e f u r n i t u r e a n d a / c

D r y s p o r t s ( n o

s w i m m i n g p o o l ) a n d a r e

f o r ' l e i s u r e c e n t r e ' t y p e

s c h e m e s i n c l u d i n g m a i n

s p o r t s h a l l , a n c i l l a r y s p o r t s f a c i l i t i e s , c h a n

g i n g a n d s h o w e r s , r e s t a u r a n t / c a f e , b a r , e t c . C o s t s

i n c l u d e a / c , F u r n i t u r e , F i t t i n g s a n d E q u i p m e n t ( F F & E ) .

E x c l u d i n g m e d i c a l a n d o p e r a t i n g e q u i p m e n t

U n d e r g r o u n d / b

a s e m e n t c a r p a r k s ( < 3 l e

v e l s )

M u l t i s

t o r e y c a r p a r k s , a b o v e g r o u n d (


28/156

CONSTRUCTION COSTS FOR SELECTEDASIAN CITIES

D E S C R I P T

I O N

H O C H I M I N H # #

B A N G K O K #

B R U N E I

J A K A R T A # # #

K U A L A

L

U M P U R

U S $ / m 2

32


1

L A N G



6 0 5 - 7 5 5

7 6 5 - 8 8 5

4 0 5 - 4 7 5

4 6 5 - 5 6 5

3

0 5 - 4 6 0

7

3 5 - 8 8 0

2

1 0 - 3 0 5

7

1 5 - 8 8 0

5

7 5 - 6 6 5

8 3

5 - 1 , 1

3 0

5

1 5 - 6 1 5

6

3 5 - 8 2 5

9 6

5 - 1 , 3

5 0

1 , 6

7 5 - 1 , 9

6 0

1 , 8

5 5 - 2 , 1

7 5

1 , 0

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Construction Cost Handbook 2016 Vietnam