Widnell

Approximate Building Cost Data for the Philippines 2nd Quarter 2005
1Building Type	1Cost in Peso/m2 Construction Floor Area	1Comments
1RESIDENTIAL 1High rise medium quality residential 1High rise luxury residential 1Low rise good quality residential 1Individual villas	RESIDENTIAL Php23,000 - Php29,000 Php30,000 - Php36,000 Php16,000 - Php20,000 Php25,000 up	1 1
1COMMERCIAL 1Grade A Offices, high rise 1Medium quality offices 14-star hotels 15-star hotels	#D1E6F1MMERCIAL Php28,000 - Php33,000 Php22,000 - Php28,000 Php55,000 - Php65,000 Php65,000 up	1Complete with open plan fit-out to offices 1Complete with open plan fit-out to offices 1Figures include FF&E 1Figures include FF&E
1INDUSTRIAL 1High rise warehousing & storage 1Low rise factories	1INDUSTRIALSTRIAL Php17,000 - Php21,000 Php16,000 - Php20,000	1 1 1
1PUBLIC & SOCIAL 1Multi-storey Carparks 1International Schools 1Sports stadium	1PUBLIC & SOCIAL Php12,000 - Php15,000 Php21,000 - Php25,000 Php28,000 - Php40,000	PUBLIC & SOCIAL 1Figures 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
1All costs exclude Value Added Tax (VAT).