building economics final assignment report

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SCHOOL OF ARCHITECTURE, BUILDING AND DESIGN Bachelor of Quantity Surveying (Honours) BUILDING ECONOMICS QSB 60804 Lecturer: Sr. Dianne Kok Hui Wei Student Name Semester Student ID Lau Chin Sheng 5 0317899 Hong Kai Yin 5 0323361 Jackson Ting Shii Hang 5 0324326 Lee Ern Hui 5 0319703 King Kiu Chun 5 0318727 Lee Jia Kiam 4 0320029 Hor Weng Lim 5 0319441

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Page 1: Building economics final assignment report

SCHOOL OF ARCHITECTURE, BUILDING AND

DESIGN

Bachelor of Quantity Surveying (Honours)

BUILDING ECONOMICS

QSB 60804

Lecturer: Sr. Dianne Kok Hui Wei

Student Name Semester Student ID

Lau Chin Sheng 5 0317899

Hong Kai Yin 5 0323361

Jackson Ting Shii Hang 5 0324326

Lee Ern Hui 5 0319703

King Kiu Chun 5 0318727

Lee Jia Kiam 4 0320029

Hor Weng Lim 5 0319441

Page 2: Building economics final assignment report

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Table of Content

Item Content Page No.

Cover Page

Table of Content 1

1.0 Introduction 2

1.1 Benchmark Project 3

1.2 Proposed Building Design 4 - 9

2.0 Construction Cost 10

2.1 List of Assumptions 10

2.2 Breakdown of Construction Cost 11 - 13

2.3 Breakdown of Allowances 14 – 15

2.4 Breakdown of Road Improvement 15

2.5 Contract Sum Percentage 16

3.0 REFERENCES 17

Page 3: Building economics final assignment report

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1.0 Introduction

The site has been proposed is located at the town centre of Kuala Lumpur which

contain of a lot old buildings that required to be demolished in order has spaces to begin the

new buildings. This project is proposed by a Singapore Client who wishes to develop a new

landmark which is able to stand-up with others building surround within the Golden Triangle

Area Kuala Lumpur. Besides, the client has also required the proposed building to achieve

the GBI (Green Building Index) at Platinum level in Malaysia. So, this building no longer

only served for people talking their business here but the building itself also enjoy the energy

saving and reach the environmental-friendly at all time. Hence, the building will call attention

for other developers in Malaysia to take attention about the importance of sustainable

building and environmental protections.

Our site is located within the area so called Golden Triangle Area of Kuala Lumpur

city. Also, it is mostly prosperous, busy and bustling area which most of the business and

commercial area takes place. The area has been developed for business purposes which most

of the international business or financial group of company based within this area. There is

some example such as Petronas Tower, Suria KLCC Shopping Centre, KLCC Convention

Centre and etc. So, the area would be very packed or crowded with people around the site at

all time. The new developing is a heavy traffic and commercial area which require a very

high skills of awareness when doing any construction works because no one wants to cause

any trouble when doing heavy demolishing or construction works. Besides, we have taken

those construction precautions into our considerations to keep our construction work safely

and without being interrupted from the very beginning until the end.

The site being proposed are separate into 3 plots. Areas for each plot are slightly

different which Plot A1 5,990.8 sqm; Plot A2 is 1,612.4 sqm and Plot A3 is 180.0 sqm. Plot

A1 is served for Office and Commercial uses, Plot A2 designed for open spaces and Plot A3

is a subterranean space served for underground pedestrian walkway that linked to existing

MRT Station purposes.

Page 4: Building economics final assignment report

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1.1 Benchmark Project

The benchmark we have been taken for our project is SP Setia’s corporate HQ. SP

Setia’s corporate HQ is Malaysia’s third building The SP Setia corporate headquarters is set

on three acres and has a timeless design. It can be seen from Persiaran Setia Alam. It is the

first privately owned office and the third building in Malaysia to be certified Green Building

Index (GBI) Platinum, as well as GreenRE Platinum. This year, the S P Setia Corporate HQ

won The Edge Malaysia-PAM Green Excellence Award at The Edge Malaysia Property

Excellence Awards 2015.

Figure 1: SP Setia’s Corporate HQ

The building’s concept is derived from the collective vision of SP Setia to build a

headquarters with an environment that encourages a balanced and green lifestyle in every

aspect of the company’s philosophy. In addition, a link bridge to Setia City Mall, situated

opposite the HQ, has been built to encourage the staff to walk instead of drive. The link

bridge sets an example for other neighbouring developments since the master plan of Setia

City has a network of pedestrian paths and elevated walkways linking the various buildings

within the commercial centre.

One of the innovations is the incorporation of a raised floor system where building

services such as air conditioning, power and data cabling are distributed beneath the floors.

This allows for fast and inexpensive reconfiguration of office spaces, and lower energy costs,

supplying air-conditioned air directly to breathing zones.

Page 5: Building economics final assignment report

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1.2 Proposed Building Design

In this development, the maximum permissible Gross Floor Area (GFA) allowed is

77,162 square metre and all the requirements listed in the client’s requirements must be

complied. After a few discussions, our group members had conducted several studies on

different types of mixed development office building and come out with a benchmark project.

SP Setia’s Corporate Head Quarter, which we will be used as a references for the design draft

of proposed building. This SP Setia’s Corporate Headquarter building consist of two block of

office buildings and an Elevated Pedestrian Links.

Figure 2: Proposed Building Facade

In order to comply with the Planning & Urban Design Requirement stated in the

Technical Condition of Tender, we come out with the best design of the building to achieve

the client’s requirements and save up the construction cost.

Page 6: Building economics final assignment report

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Our proposed building design consist 6-storey low-rise building with rooftop garden

and also one block of 16-storey office building connected to the low-rise building as well as a

pedestrian walkway at lower ground floor level and 2nd floor level and also a covered

walkway at 1st floor level. Above the 22nd floor level, have a covered rooftop for M&E, water

tank and also motor room. The total height for the 6-storey low-rise building is 20m high.

The 16-storey office block height is 51.2m. Besides that, there is a rooftop garden built on top

of the low-rise building and complying the set-back restriction for building height which set

out in the Condition 4.6 & 4.7. Approximate 54,195 square metre is for office used and 100

square metre is used for F&B which comply with the Condition 4.2. Besides that, the outdoor

refreshment area (15m wide) consist of 1016 square metre is also provided in the proposed

building design in order to comply with the Condition 4.5. The rooftop garden at 7th floor

with green facade, services used in the building is to achieve the GBI with Platinum which

set out in Condition 4.13 & 7.6. More than that, 70 units of additional car park will be located

at the 1st floor of the building, this is comply with the Condition 4.27.

The lower ground floor level with a height of 3.2m will consist of retail stores and car

park. Our car park only located at the lower ground floor. This is because of the client’s

requirement to achieve the Green Building Index (GBI) with Platinum level. At 1st floor level

with a height of 4m, it consist of lobby and retail stores. At 2nd floor level with a height of

3.2m, it consist of small offices and retail stores. At 3rd floor to 6th floor level with a height of

3.2m each floor, it only consist of offices. At 7th floor, it consist of a rooftop garden. The

office building which is connected to the low-rise building is start from 7th floor to 22nd floor.

The pedestrian walkway and covered walkway had been blended into the design of the

building by locating at the lower ground, 1st and 2nd floor level.

Page 7: Building economics final assignment report

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LOWER GROUND FLOOR (LG)

Figure 3: Lower Ground Floor Plan

Lower Ground Floor

1 ingress & 1 Egress for Lower Ground Floor Car Park Area.

3935 sqm for Car Park and Car Way.

Ramps for Accessing Elevated Car Park Area.

341 Car Park Lots.

4 Lifts access to Low-rise Building.

6 Staircase access to Low-rise Building.

90 sqm for Retail Store.

173 sqm for Underground Pedestrian Walkway.

Page 8: Building economics final assignment report

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FIRST FLOOR LEVEL (1ST)

Figure 4: First Floor Plan & High Rise Building Lobby Plan

1556 sqm for AGUs (Retails, Gym, Recreation) – Low-rise.

2334 sqm for Lobby & AGUs – High-rise.

1016 sqm for Outdoor Refreshment Area and F&B.

Lobby with Reception, Clerk Office, 2 women’s and 2 men’s washroom.

70 Additional Car Park will be located at Outer Part of Building.

Page 9: Building economics final assignment report

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FOOD & BEVERAGES (F&B) (1ST FLOOR)

Figure 5: F&B Kiosk Area

100 sqm for one storey height F&B Kiosk Area.

Attached with 1016 sqm Outdoor Refreshment Area.

7TH FLOOR LEVEL TO 22ND FLOOR LEVEL

Figure 6: Typical Office Plan

10 offices in one floor, each office 230 sqm.

Page 10: Building economics final assignment report

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ROOF TOP 7TH FLOOR LEVEL

Figure 7: Roof Garden

Figure 8: Roof Garden Concept

Page 11: Building economics final assignment report

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2.0 Construction Cost

Gross Floor Area

(GFA) (m2)

Cost (RM)

Office 63,454 190,362,000.00

Retail 1,427 3,283,282.00

F&B 100 200,000.00

Designated Car Park (LG) 7,021 9,127,560.00

Additional Car Park (UG) 806 564,480.00

Rooftop Garden 1065 165,075.00

Pedestrian Walkway (2nd) 212 8,097,222.00

Covered Walkway (1st) 850 935,000.00

Underground Walkway (LG) 606 11,394,871.00

Contingencies (Allow 5% of CS) - 16,202,274.00

Cost Escalation (Allow 5% of CS) - 16,202,274.00

Green Mark Requirements (Allow 10% of CS) - 32,404,549.00

2.1 List of Assumptions

No. Description Assumptions

1 Facade area From podium to high rise office

building

2 At-Grade covered pedestrian Using 12.38mm laminated glass

3 Market Rate Commercial is higher than residential.

4 Soft scape & Planting RM 127.00/m2

5 Roof top Garden RM155.00/m2

6 Night Lighting RM 500,000.00

7 Road Improvement Work RM 430,210.00

8 Demolish Existing Tide gate and

Replace With New Water Control Gate

RM 95.00/m2

Page 12: Building economics final assignment report

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2.2 Breakdown of Construction Cost

(a) Office

Construction Cost = RM 3,000 x 63,454 m2

= RM 190,362,000.00

(b) Retail

Construction Cost = (RM 2,300 x 869 m2) + (RM 2,300 x 558 m2)

= RM 3,283,282.00

(c) F&B

Construction Cost = RM 2,000 x 100 m2

= RM 200,000.00

Page 13: Building economics final assignment report

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(d) Designated Car Park

Construction Cost = RM 1,300 x 7021 m2

= RM 9,127,560.00

(e) Additional Car Park

Construction Cost = RM 770 x 806 m2

= RM 620,928.00

(f) Rooftop Garden

Construction Cost = (RM155 x 1.1) x 1065 m2

= RM 181,583.00

(g) Pedestrian Walkway (2nd)

Construction Cost = (RM50000000/ (240*6)*1.1) x 212 m2

= RM 38,194.44 x 212 m2

= RM 8,097,222.00

Page 14: Building economics final assignment report

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(h) Covered Walkway (1st)

Construction Cost = = (RM 1,000 x 1.1) x 850 m2

= RM 1,100 x 850 m2

= RM 935,000.00

(i) Underground Walkway (LG)

Construction Cost = (RM100000000/ (1170*5)*1.1) x 606 m2

= RM 18,803.42 x 599m2

= RM 11,394,871.00

Page 15: Building economics final assignment report

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2.3 Breakdown of Allowances

Description Unit Rate Qty Cost (RM)

a) Utilities Detection Works (Underground

electrical, water and data lines)

i. Equipment for digging Item 5,000.00

ii. Manual Labour for digging Item 9,000.00

iii. Materials Item 6,350.00

iv. Backfilling and make good Item 7,300.00

TOTAL for UTILITIES DETECTION WORKS 27,650.00

Description Unit Rate Qty Cost (RM)

b) Site Survey / Investigation

i. Site Laboratory and Equipment (Lab container,

Troxler, Concrete Cube Crusher and etc.)

Item 35,500.00

ii. Soil sampling Item 4,500.00

iii. Underground water sampling Item 5,000.00

iv. Weather station (Rain gauge, Barometer and etc.) Item 6,300.00

TOTAL for SITE SURVEY / INVESTIGATION 51,300.00

Description Unit Rate Qty Cost (RM)

c) Geotechnical Investigation Works

i. Drilling for water table Item 40,000.00

ii. Drilling for rock formation and soil samples Item 60,000.00

TOTAL for GEOTECHNICAL

INVESTIGATION WORKS

100,000.00

Description Unit Rate Qty Cost (RM)

d) Hoarding Item 12,000.00

e) Signboard Item 10,000.00

f) Painting and Decorations (along walkway) Item 134,000.00

Description Unit Rate Qty Cost (RM)

g) Utilities Connection Charges

i. Light and power connection Item 5,000.00

ii. Water for the connection Item 5,000.00

TOTAL for UTILITIES CONNECTION

CHARGES

10,000.00

Page 16: Building economics final assignment report

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Description Unit Rate Qty Cost (RM)

h) Traffic Impact Assessment

i. Traffic dower lights Item 2,000.00

ii. Traffic Signage (“Speed Limit”, “Road Closed”) Item 2,000.00

iii. Flag Men (4 people @ RM60/hr, 4hr/day, 20 days) Item 4,000.00

iv. Cleaning & Removing Debris Item 2,000.00

TOTAL for TRAFFIC IMPACT ASSESSMENT 10,000.00

Description Unit Rate Qty Cost (RM)

i) Protection of Existing Roadside Trees Item 23,000.00

2.4 Breakdown of Road Improvement

Length of the existing road – 280m

Width of road – 10m

Area of road – 2800m2

Description Unit Rate (RM)

1 Excavation M2 13.00

2 Trim, Grade and Roll M2 1.70

3 50mm thick Sand Blanket M2 3.00

4 Road Base Crusher Run M2 32.00

5 Concrete Binder Course M2 27.00

6 Wearing Course M2 23.00

7 Prime Coat M2 1.10

8 Premix Binder Cost M2 1.20

9 Resurfacing of Existing Road Surface M2 25.00

10 Precast Concrete Kerb M 50.00

11 Painting to Kerb M 5.00

12 Road Marking & Directional Graphic M 16.60

Total item for road improvement in m2 127 m2

Total item for road improvement in m 71.6 m

Total amount for m2 item 355,600.00

Total amount for m item 35,448.00

Total of Lump Sum amount for Road Improvement 391,048.00

Page 17: Building economics final assignment report

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2.5 Contract Sum Percentages

Description Percentage Amount (RM)

Preliminaries 10.00% 39,209,998.90

Structures & Architecture 52.05% 204,068,661.30

M&E 22.95% 90,006,330.60

Others (Contingencies, GBI

& Cost Escalation)

15.00% 58,814,998.20

TOTAL 100.00% 392,099,989.00

Page 18: Building economics final assignment report

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3.0 References

Books References:

- JUBM & Arcadis Construction Cost Handbook Malaysia 2017

Website References:

http://www.agrtexglass.com.my/arrowhub-sdn-bhd-1072267-k/

http://www.themalaymailonline.com/malaysia/article/linkway-for-pedestrians-between-kl-sentral-

and-muzium-negara-mrt-station-to#xkFJlUiIhuBPkEpS.97

https://www.edgeprop.my/content/mrt-corp-kl-sentral-walkway-tunnel-cost-rm340m

https://www.malaysiakini.com/news/342494

https://www.oxfordbusinessgroup.com/analysis/linking-state-rolling-out-multiple-transport-

infrastructure-upgrades

http://www.quantitysurveyoronline.com.my/preliminaries-rates.html

** Some of the references are from previous Elemental Cost Analysis (ECA).