Page 78 - Building Journal - June 2015
P. 78
BUILDING COSTS
Approximate Building Costs for major Cities in Asia 4 Quarter 2014
th
Building Type Shanghai Beijing Guangzhou Chongqing Dalian Shenyang
/ Shenzhen / Chengdu
RMB / m2 CFA
DOMESTIC
˙ Apartments, high rise, average
standard
- Shell and core 2,470-2,850 2,600-3,000 2,260-2,500 2,200-2,600 2,380-2,570 2,280-2,475
- Full fit 4,280-4,750 4,100-4,500 3,380-3,730 3,170-4,150 3,610-4,180 3,330-3,800
˙ Apartments, high rise, high end
- Shell and core 3,050-3,330 3,100-4,500 2,840-3,090 2,690-3,270 2,750-3,130 2,660-3,045
- Full fit 10,460-11,420 10,100-11,500 5,620-6,200 5,090-6,730 6,850-7,510 5,510-6,180
˙ Terraced houses, average standard
- Shell and core 2,850-3,050 3,000-3,500 2,550-2,810 2,500-3,080 2,660-3,050 2,475-2,850
- Full fit N/A 6,000-6,500 N/A N/A N/A N/A
˙ Detached houses, high end
- Shell and core 4,280-4,750 4,500-5,000 3,480-3,840 3,460-4,040 3,610-4,000 3,330-3,620
- Full fit N/A 11,500-12,000 N/A N/A N/A N/A
OFFICE / COMMERCIAL
˙ Medium/high rise offices, average 5,700-7,600 6,000-8,000 4,920-5,440 5,280-6,250 5,420-5,800 5,230-5,700
standard
˙ High rise offices, prestige quality 7,600-9,500 8,000-13,000 6,760-7,470 6,730-9,130 7,410-7,800 7,130-8,080
˙ Out-of-town shopping centre, N/A 4,500-6,000 4,680-5,170 4,130-5,380 4,750-5,330 4,280-4,750
average standard
˙ Retail malls, high end 8,080-10,450 8,000-11,000 6,920-7,640 7,200-9,600 7,320-8,270 7,130-8,080
INDUSTRIAL
˙ Industrial units, shell only. 3,330-3,800 3,500-4,000 3,200-3,530 2,880-3,840 N/A N/A
(Conventional single storey
framed units)
˙ Owner operated factories, low N/A N/A N/A N/A N/A N/A
rise, light weight industry
HOTEL
˙ Budget hotels - 3-star, mid market 6,180-7,600 6,500-8,000 6,360-7,030 6,250-7,680 6,460-7,030 6,280-6,940
˙ Business hotels - 4/5-star 10,450-14,250 11,000-14,000 10,270-11,350 11,530-14,400 10,930-12,360 9,500-12,360
˙ Luxury hotels - 5-star 14,250-17,100 14,000-18,000 14,010-15,480 N/A N/A N/A
OTHERS
˙ Underground/basement car parks 4,750-6,660 5,000-5,500 3,230-5,190 N/A N/A 3,600-4,000
(<3 levels)
˙ Multi storey car parks, above 2,370-3,330 3,000-3,500 2,310-2,550 2,210-2,600 2,330-2,430 2,230-2,400
ground (<4 levels)
˙ Schools (primary and secondary) 3,330-4,280 3,500-4,500 2,560-2,830 N/A N/A N/A
˙ Students' residences 2,370-3,330 2,500-3,500 1,630-1,800 N/A N/A N/A
˙ Sports clubs, multi purpose 6,180-7,600 6,000-8,000 4,790-5,300 N/A N/A N/A
sports/leisure centres (dry sports)
with a/c and including FF&E
˙ General hospitals - public sector 9,500-12,350 8,000-10,000 N/A N/A N/A N/A
Source: Langdon & Seah
76 Building Journal
