COST DATA - SHENZHEN

Approximate Building Cost Data for Shenzhen 1st Quarter 2009

Building Type
Cost in RMB/m2
Construction Floor Area
Comments
 

1RESIDENTIAL
1High rise medium quality residential
1High rise luxury residential
1Low rise residential
1Individual villas

RESIDENTIAL
RMB2,300 - 3,200
RMB3,200 - 4,000
RMB1,900 - 2,900
RMB3,400 - 4,800

   

1COMMERCIAL
1Grade A Offices, high rise
1Medium quality offices
1Grade A offices, high rise
1Shopping Malls
14-star hotels
15-star hotels

#D1E6F1MMERCIAL
RMB4,000 - 5,500
RMB5,400 - 7,600
RMB4,700 - 8,500
RMB7,600 - 9,100
RMB9,100 up

D1E6F1MMERCIAL



1Figures include FF&E
1Figures include FF&E
 

1INDUSTRIAL
1
High rise warehousing & storage
1Low rise factories
1Logistics centres

1INDUSTRIALSTRIAL
RMB2,000 - 2,900
RMB2,400 - 3,700
RMB2,400 - 3,700

1

 

1PUBLIC & SOCIAL
1Multi-storey Carparks
1Primary & secondary schools

1PUBLIC & SOCIAL
RMB2,000 - 2,700
RMB3,200 - 4,300

PUBLIC & SOCIAL


1

Notes:

The figures noted above give a rough guide to the probable cost of building.

Figures outside the given ranges may be encountered.

Figures generally include for all building works, finishings and mechanical and electrical installations but exclude special equipment, furniture, loose fittings,external works and site abnormals.

Professional fees, legal costs, developers in-house costs and other ancillary costs are excluded.

Land Costs are excluded.

Municipal & Statutory Approval costs are excluded.

GST Costs (where applicable) are excluded.