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Project SeaStar 6.5ha - Bali
Build Data

Summary Construction Data - Conservative
                                            Construction          FF&E             Total        Build              Total                    Build
                                                    cost           cost             cost        Area               Build      N° of         Cost
                                                 per m²          per m²           per m²          m²                cost      Units       per Unit

Villas (including villa pools)               7.000              1.500              8.50    13,500            114,750               75         1,530
Suites buildings                             6.000              1.500              7.50     7,200             54,000               90           600
Restaurants                                  5.500              2.000              7.50     2,268             17,010                3         5,670
Beach/Country Club                           4.000              1.500              5.50       420              2,309                1         2,309
Bars                                         5.500              1.500              7.00       420              2,939                2         1,469

Spa                                          4.500              1.000              5.50       336              1,848                1         1,848
Pools                                        3.000              0.500              3.50     1,176              4,116                2         2,058
Activity Areas & Public Facilities           5.500              1.000              6.50       378              2,457                3           819
Kids club                                    3.500              2.000              5.50                            0
Back of the house                            2.500              1.000              3.50     1,785              6,248                1         6,248

Warehouse & Stores                           2.500              0.500              3.00                            0
Public & Villa Gardens                       0.300              0.300              0.60    24,200             14,520
Parkland                                     0.300              0.300              0.60     8,300              4,980
Access & Circulation                         0.500              0.300              0.80     9,750              7,800

Contingency Fee                               10%                                                             23,298

Total Summary Cost of Construction                                                                           256,274              178         1,440




Construction Algorithm
Construction begins                               01-Apr-10

Planned build months                                    24
Calculated build months                                 24


Straight Line                                                     4.17% a month

Straight+Max                            Start %                  0%          Ramp over      6           mo             Max   5%         /mo

3pt Ogive                               Mo                       6             12           6
                                        % /Mo                   20%           65%          15%

5pt Ogive                               Mo                        3            9            7                 3               2
                                        % /Mo                    2%           30%          52%               13%             4%



        Select Construction Algorithm                         Lag Sales Curve by            1           month(s)
                 5pt Ogive                                    Advance Sales Curve by        1           month(s)




Development Fees
Fee % of Construction Cost                          10.0%




Financing
                                            Funds              Interest      Payment
Project Financing                           50,000               0%                0

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3. Seastar 6.5ha Construction Cost Data

  • 1. Project SeaStar 6.5ha - Bali Build Data Summary Construction Data - Conservative Construction FF&E Total Build Total Build cost cost cost Area Build N° of Cost per m² per m² per m² m² cost Units per Unit Villas (including villa pools) 7.000 1.500 8.50 13,500 114,750 75 1,530 Suites buildings 6.000 1.500 7.50 7,200 54,000 90 600 Restaurants 5.500 2.000 7.50 2,268 17,010 3 5,670 Beach/Country Club 4.000 1.500 5.50 420 2,309 1 2,309 Bars 5.500 1.500 7.00 420 2,939 2 1,469 Spa 4.500 1.000 5.50 336 1,848 1 1,848 Pools 3.000 0.500 3.50 1,176 4,116 2 2,058 Activity Areas & Public Facilities 5.500 1.000 6.50 378 2,457 3 819 Kids club 3.500 2.000 5.50 0 Back of the house 2.500 1.000 3.50 1,785 6,248 1 6,248 Warehouse & Stores 2.500 0.500 3.00 0 Public & Villa Gardens 0.300 0.300 0.60 24,200 14,520 Parkland 0.300 0.300 0.60 8,300 4,980 Access & Circulation 0.500 0.300 0.80 9,750 7,800 Contingency Fee 10% 23,298 Total Summary Cost of Construction 256,274 178 1,440 Construction Algorithm Construction begins 01-Apr-10 Planned build months 24 Calculated build months 24 Straight Line 4.17% a month Straight+Max Start % 0% Ramp over 6 mo Max 5% /mo 3pt Ogive Mo 6 12 6 % /Mo 20% 65% 15% 5pt Ogive Mo 3 9 7 3 2 % /Mo 2% 30% 52% 13% 4% Select Construction Algorithm Lag Sales Curve by 1 month(s) 5pt Ogive Advance Sales Curve by 1 month(s) Development Fees Fee % of Construction Cost 10.0% Financing Funds Interest Payment Project Financing 50,000 0% 0