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 Ask me anything abt Construction Industry!, Q&A

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louisckw
post Mar 8 2016, 10:29 AM

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QUOTE(iwubpreve @ Oct 17 2014, 01:30 PM)
hey guys, u may ask me anything about construction industry and i'll try my best to answer all ur question.
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Construction Industry is so complex and actually affect various party namely,

House buyer / Purchaser
Developer
Consultant (Architect, Engineer and etc)
Main Contractor
Subcontractor / Vendor / Supplier
Local Authority (DBKL, BOMBA, SYABAS, TNB, TELEKOM, POS, JKKP, IWK and etc.)

u can also ask me about construction law. I know a lot abt that too biggrin.gif
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Base material cost for a 20'x70' double storey is how much at minimum? How many party it went through, and each party mark up how much for profit?

In the end if I pay RM500k for that house, actually how much profit is made by all parties involved?
louisckw
post Mar 8 2016, 11:02 AM

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QUOTE(iwubpreve @ Mar 8 2016, 10:47 AM)
previously I done 1 checking on actual cost for some project. data is like this.
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additional almost 100% of the house value also goes to the bank... means if house is 500k, in the end already paid the bank 1 million including interests...
louisckw
post Mar 8 2016, 11:10 AM

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QUOTE(iwubpreve @ Mar 8 2016, 11:09 AM)
actually those money needed to spend. those consultant, management practice their professionalism and skill so u can stay in a safe place.
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yala... i never said dowan to pay... everyone has to cari makan also
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