QUOTE(kochin @ Jul 25 2013, 10:05 AM)
i find it hard to believe that detached houses and bungalows cost more than double of terrace houses.
while it's true that terrace houses enjoy slightly lower cost due to the fact of sharing of walls in between the units, but that alone should not justify doubling the cost.
after all, the main difference between terraces and detached are the land area.
on the other hand, apartments can really vary in terms of cost due to the finishes.
anyway, assuming these datas are indeed correct, it goes to show that construction cost alone for apartments at approx rm150-rm200psf. give or take adding in the ancillary cost such as land cost, consultants' fees, marketing, development cost, contribution to authorities, etc,
so one should have an idea of how much the real raw cost without profit of a project is.
The others for apartment/high rise:-
Luxury Apartment, high rise = 2857 - above
Low Cost housing = 467 - 530
Low Cost Flat, low rise (< 6 levels) = 583 - 688
Low Cost Flat, high rise (< 15 levels) = 698 - 814
Land Cost - cant comment, cause depend when is the developer entry time
Consultant Fees - Sadly to say Malaysia consultant is only receiving peanuts fees, except Architect (in the range of 3-8% of total development cost)
Marketing Cost - I can say the cost can be ignore... too little
Contribution = this kinda depend on luck...
so now everyone know how much is developer profit margin...