Pinnacle@Duxton flats cost just 150k to build

[makapaaa]

http://forum.channelnewsasia.com/viewtopic.php?t=280173

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J10A



Joined: 12 May 2009
Posts: 563


</TD><TD class=row1 height=28 vAlign=top width="100%"><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD width="100%">Posted: Thu Sep 17, 2009 12:21 am Post subject: Pinnacle@Duxton flats cost just 150k to build</TD><TD vAlign=top noWrap> </TD></TR><TR><TD colSpan=2><HR></TD></TR><TR><TD colSpan=2>The Total Breakeven Cost of a new flat
comprises Construction Cost (CC), Land
Cost (LC) and Other Related Costs (ORC).
Take for example, the Pinnacle@Duxton
project which has 1,848 units in 50-
storey blocks occupying a small plot of land.
From available public tender information, the
actual CC component is $150,000 per unit.
The onus is now on HDB to publicly disclose
the remaining LC and ORC components.
A quick estimate of LC plus ORC is
around $80,000, leading to an estimated
Total Breakeven Cost of $230,000 per flat.
When launched in 2004, the average selling
price was $370,000 (actual range: $288,000
to $450,000), which translates to an average
profit of $140,000 per unit sold.

so who is making all the money???

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[makapaaa]

 

[singveld]

can you stop posting photo of her, the sight of her make me lose my appetite.

 

[halsey02]

can you stop posting photo of her, the sight of her make me lose my appetite.

Not to mention, so early in the morning; my "KONG LONG" ( Dinosaur), was just limbering up for action, now retreated into the 'cave'...and refuse to come out...damn!...NO MORE!, of that PICTURE...NO MORE!:o

 

[swampthing]

Once again, the joke is on Singaporeans.

 

[angie II]

can you stop posting photo of her, the sight of her make me lose my appetite.

.
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[Watchman]