Widnell

Approximate Building Cost Data for Macau 1st Quarter 2007
Building Type	Cost in Macau Patacas/m2 Construction Floor Area	Comments
1RESIDENTIAL 1High rise medium quality residential 1High rise luxury residential 1Low rise residential 1Individual villas	RESIDENTIAL MOP 5,300 - 8,000 MOP 8,000 - 14,100 MOP 9,000 - 12,000 MOP 12,000 up	1
1COMMERCIAL 1Medium quality offices Grade A offices, high rise Prestige shopping malls 13-Star hotels 15-Star hotels	MOP 8,000 - 11,000 MOP 9,500 - 13,000 MOP 9,000 - 13,000 MOP 13,000 - 16,000 MOP 19,000 up	Fi Figures include FF&E 1 1Figures include FF&E 1Figures include FF&E
1INDUSTRIAL 1High rise warehousing & storage 1Low rise factories	N/A N/A	1
1PUBLIC & SOCIAL 1Multi-storey carparks 1Primary & secondary schools Casinos	MOP 4,500 - 5,500 MOP 7,000 - 9,000 MOP 22,000 up	P Figures include FF&E

1Notes:
1The figures noted above give a rough guide to the probable cost of building.
1Figures outside the given ranges may be encountered
1Figures generally include for all building works, finishings and mechanical and electrical installations but
1exclude special equipment, furniture, loose fittings,external works and site abnormals.
1Professional fees, legal costs, developers in-house costs and other ancillary costs are also excluded.