Please note that this is for budgetary purpose only. Be aware that the actual costs may vary depending on numerous factors.

Please take a moment to review the parameters for each selection/input, the amounts excluded from the calculation, and other important information below. This will help you understand how the estimate was calculated and what factors may affect the final cost.

parameters for each selection/ input

1. PLOT'S TOPOGRAPHIC CHARACTERISTICS - The cost of building on a plot of land is affected by the topography of the land, such as whether it is flat, gently sloping, or steeply sloping. The cost of constructing a building on a plot of land is influenced by various factors, one of which is the topography of the site. In the case of a flat terrain, the cost of earthworks is typically lower as there is a minimal need for excavation and backfilling operations. However, in sites with a sloping terrain, the cost associated with earthworks is significantly higher as a result of increased excavation and backfilling requirements, as well as the potential need for retaining structures such as concrete retaining walls to level the site.

2. PLOT AREA (IN M2) - The size of the plot of land plays a crucial role in determining the cost of external works required for a construction project. These works may include, but are not limited to, perimeter concrete works, which are necessary to establish the boundaries of the site. Additionally, the size of the plot may also influence the cost of other external works such as landscaping, drainage and utility installation, and the provision of access roads and sidewalks, among others.

3. The Building Unit Area (in m2) refers to the Gross Floor Area (GFA) of the building to be constructed. It should be noted that the GFA does not include the area of balconies, covered verandas, roof gardens or any other similar structures.

4. NUMBER OF STOREYS (MAXIMUM 7) - The number of storeys in a building has a direct impact on the cost of construction. It should be noted that at storey 4, an elevator is included in the cost estimate. Additionally, to ensure the accuracy of the cost estimation, it is recommended to not include more than 7 storeys in the input value..

5. LEVEL OF FINISHES - The cost of building is affected by the quality of the finishing materials used for walls, floors, ceilings, and external works. Standard finishes refer to low-end quality materials, luxury alternatives. High-end refers good quality finishing materials but not Elit-level. Mid-range refers to to a combination of the two.

6. ENERGY EFFICIENCY REQUIREMENTS - The cost of building is affected by the energy efficiency of the building. High-efficiency includes provisions for high-performance aluminum doors and windows, thermal insulation, and high-efficiency mechanical and electrical equipment to ensure minimum energy consumption. Low-efficiency includes basic aluminum, minimal thermal insulation, and standard mechanical and electrical equipment that meet the minimum standards set by local authorities. Mid-efficiency is a combination of both high and low-efficiency options.

7. Amenities - The cost of building is affected by the amenities included, such as a pool or spa. The estimate takes into account the building area and serves as a guide for the amount needed in case of use.

AMOUNTS EXCLUDED FROM THE CALCULATION AND OTHER INFORMATION

1. The estimated amount does not include any expenses related to the planning and design phase of the project. This may include costs for architectural, quantity surveying and engineering services, feasibility studies, and other pre-construction activities. Additionally, any fees associated with obtaining necessary permits or approvals from local or government agencies are not included in the amount provided. These additional costs will need to be budgeted for separately.

2. The QS-ing Buildbudget is a valuable tool that allows for rough cost estimates to be made at a very early stage of a construction project. It also presents the financial impact of different design and material options and how they influence the overall budget. This tool helps to make informed decisions to meet your desired budget.

3. It is regularly updated every 3 months, using indices provided by the government, making it a useful tool that helps to keep the project on track and within budget from the beginning.