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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
D O N & S E A H V I E T N A M C O . , L T D
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
D O N & S E A H V I E T N A M C O . , L T D
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
D O N & S E A H V I E T N A M C O . , L T D
CONSTRUCTION COST DATA
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
CONSTRUCTION COST DATA12
1
L A N G D O N & S E A H V I E T N A M C O . , L T D
CONSTRUCTION COST DATA
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
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(Source: Vietnam Investment Review)
FDI BY SECTORS AS OF DECEMBER 2015
18
CONSTRUCTION COST DATA14
1
L A N G D O N & S E A H V I E T N A M C O . , L T D
CONSTRUCTION COST DATA
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$)
260,944
160,600
50,473
11,952
10,834
4,388
12,662
4,209
4,469
1,356
3,637
14,457
3,622
3,786
1,334
1,761
2,098
709
406
2 3.09
742.17
279,039
LegalCapital
(%)
94%
1%
5%
100%
1%5%
94%
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VIETNAM ANNUAL ODA
19
CONSTRUCTION COST DATA 15
Billion US$
( 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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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
CONSTRUCTION COST DATA18
1
L A N G
D O N & S E A H V I E T N A M C O . , L T D
CONSTRUCTION COST DATA
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
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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
CONSTRUCTION COST DATA 19
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
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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
CONSTRUCTION COST DATA 21
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
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
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MAJOR RATES FOR SELECTED ASIAN CITIES
22
CONSTRUCTION COST DATA22
1
L A N G
D O N & S E A H V I E T N A M C O . , L T D
CONSTRUCTION COST DATA
D E S C R I P T I O N
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
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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
CONSTRUCTION COST DATA 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
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
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 .
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
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MAJOR RATES FOR SELECTED ASIAN CITIES
22
CONSTRUCTION COST DATA24
1
L A N G D O N & S E A H V I E T N A M C O . , L T D
CONSTRUCTION COST DATA
D E S C R I P T I O N
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 .
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
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
0 0
7 8 , 0
0 0
1 , 2
4 0
1 , 2
8 0
2 9 , 4
0 0
2 9 , 4
0 0
4 4 , 7
0 0
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5 - 1 0
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 %
29
CONSTRUCTION COST DATA 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
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
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 .
@ 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
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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
CONSTRUCTION COST DATA26
1
L A N G
D O N & S E A H V I E T N A M C O . , L T D
CONSTRUCTION COST DATA
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
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O T H
E R S
31
CONSTRUCTION COST DATA 27
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 (
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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
CONSTRUCTION COST DATA28
1
L A N G
D O N & S E A H V I E T N A M C O . , L T D
CONSTRUCTION COST DATA
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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