This document provides a preliminary cost appraisal for a proposed Grade A office building development in Kuala Lumpur. It includes a breakdown of the gross floor area and construction floor area for office, commercial, and basement car park spaces. A total development gross floor area of 76,560 square meters is proposed, with key components being 62,288 square meters of office space and 7,300 square meters of commercial space. The document also provides cost estimates for various items such as land acquisition, construction, utilities, and green building requirements, with a total estimated cost of RM441 million or RM5,762 per square meter.
1. GRADE A OFFICE BUILDING IN KUALA LUMPUR
PRELIMINARY COST APPRAISAL NO. 1
GFA (m2
) CFA (m2
)
Office 62,288 73,182
Commercial 7,300 8,585
Basement Car Parks for Office Use 4,665 incl
Basement Car Parks for Commercial Use 555 incl
Additional 70 Car Parking Lots for Public Use 1,050 1,050
Plot A2 F&B Kiosk 100 100
Pedestrian Access 602 602
Total 76,560 83,519
Items Unit Qty Rate RM RM
1 Plot A1 - Office
a) Grade A Office CFA (m
2
) 68,517 4,200 287,770,000
b) Basement Car Parks (311 lots @ 15m2 per lot) CFA (m2
) 4,665 1,753 8,180,000
c) Associated External Works (allowance) item 10.0% 29,600,000
Sub-total (For Plot A1 - Office) GFA (ft2
) 670,468 486 325,550,000
2 Plot A1 - Retail
a) Retail CFA (m
2
) 8,030 3,138 25,190,000
b) Basement Car Parks (37 lots @ 15m2 per lot) CFA (m
2
) 555 1,753 970,000
c) Associated External Works (allowance) item 10.0% 2,520,000
Sub-total (For Plot A1 - Retail) GFA (ft
2
) 78,577 365 28,680,000
3 Plot A2 (At-Grade Open Space)
a) F&B - Food court (Single-Storey Structure) (GFA=100m2) CFA (m2
) 100 1,823 180,000
b) Softscape with Lush Landscaping & Hardscape (inlcuded park furniture, water feature, signage) m2
1,356 150 200,000 TCOT Clause 4.20
Sub-total (For Plot A2 At-Grade Open Space) GFA(ft
2
) 1,076 353 380,000
4 Cost Associated to Land Parcel (Allowance)
a) m2 2,500 1,000 2,500,000 TCOT Clause 4.7
b) Pedestrian Network m
2 834 1,744 1,450,000
c) At-Grade Pedestrian Network m
2 865 1,220 1,060,000
e) Additional 70 Car Parking Spaces for Public Use (70 lots @ 15m2
per lot) CFA (m
2
) 1,050 1,753 1,840,000 TCOT Clause 4.27.2
f) Night Lighting item 500,000 TCOT Clause 4.28
g) Road Improvement Works item 200,000
h) Demolition Works
i) Demolish former Telok Ayer Performing Arts Centre (182 Cecil Street) and all the annex
buildings within Plot A1 and A2
item 330,000 TCOT Clause 4.31.1(a)
ii) Demolish existing surface car park and kerbside car and motorcycle parking lots along Telok
Ayer Street
item 55,000 TCOT Clause 4.31.1(b)
i) m2 126 9,225 1,160,000 TCOT Clause 4.32.2
5 Others (Allowance)
a) Utilities Detection Works item 45,000
b) Site Survey/Investigation item 80,000
c) Geotechnical Investigation Works item 220,000
d) Hoarding and Signboard item 120,000
e) Cadastral Survey (Plot A1, A2 & A3) (Allowance) item 50,000
f) Utilities Connection Charges item 120,000
g) Services Diversion - As per Tender Documents excluding GST)
- Electricity (Clause 4.2.1) item 120,000
h) Traffic Impact Assessment item 50,000
i) item 150,000
Sub-total (For Cost Associated to Land Parcel (Item 4 & 5)) GFA (ft2
) 824,092 12 10,050,000
6 Green Building Index Requirements
a) Green Building Index Platinum (allowance of 10% of total building work) item 10% 35,460,000
Sub-total (For Green Mark Platinum Requirements) GFA (ft2
) 824,092 43 35,460,000
400,120,000
GFA (m2
) 76,560 5,226
GFA (ft
2
) 824,092 486
7 Contingencies (Allowance at 5% of Item 1 to 6 above) item 5% 20,010,000
420,130,000
GFA (m
2
) 76,560 5,488
GFA (ft
2
) 824,092 510
8 Cost Escalation (Assuming tender to be called in one year's time) item 5% 21,010,000
441,140,000
GFA (m
2
) 76,560 5,762
GFA (ft
2
) 824,092 535
Cost per sq ft of GFA (823,785ft
2
)
Protection of Existing Roadside Trees
Greenery Replacement and Landscaping (Assume Sky Terraces/Roof Gardens, etc. (Single
Storey Volume))
Total for Item 1 to 6 (Excluding Contingencies & Cost Escalations)
Cost per sq m of GFA (76,560m
2
)
Min. 7.0m wide Covered Linkway to Connect the Proposed Development to the Existing Bus
Shelter Along Cecil Street (Approx. 18m length)
Cost per sq m of GFA (76,560m2
)
Total for Item 1 to 7 (Including Contingencies but Excluding Cost Escalations)
Cost per sq m of GFA (76,560m
2
)
Cost per sq ft of GFA (823,785ft
2
)
Cost per sq ft of GFA (823,785ft2
)
Total for Item 1 to 8 (Including Contingencies & Cost Escalation)
2. GRADE A OFFICE BUILDING IN KUALA LUMPUR
PRELIMINARY COST APPRAISAL NO. 1
PARAMETERS / ASSUMPTIONS
(1) Site Area : 7,783.2 m2
Plot A1 (Main Parcel) : 5,990.8 m2
Plot A2 (Open Space) : 1,612.4 m2
Plot A3 (Subterranean space below Telok Ayer Street) : 180.0 m2
(2) Max. Plot Ratio : -
(3) Max. Permissible Gross Floor Area : 77,162.0 m2 or 830,572 ft2
(4) GFA Breakdown
Plot A1
Office (___% of GFA) : 62,288.0 m2 or 670,468 ft2
Retail (___% of GFA) : 7,300.0 m2 or 78,577 ft2
Plot A2
F&B 100.0 m2 or 1,076 ft2
(5) Basement Car Parks
Office
No. of Lots : 311 lots (Assume 15 m2 per lot)
Car Park Areas : 4,665 m2 (if no drawing is available)
Commercial
No. of Lots : 37 lots (Assume 15 m2 per lot)
Car Park Areas : 555 m2 (if no drawing is available)
Additional 70 lots (Commercial)
No. of Lots : 70 lots (Assume 15 m2 per lot)
Car Park Areas : 1,050 m2 (if no drawing is available)
Total Car Park Area 6,270 m2 *lot area includes allowances for circulation
(6) Office
No. of Blocks / Storey : 25
Construction Floor Area
Office GFA : 62,288 m2
Add Lift Shaft (10% of GFA) : 6,229 m2
Basement Car Parks : 4,665 m2
Total CFA : 73,182 m2
(7) Commerical
No. of Blocks / Storey : 4
Construction Floor Area
Commercial GFA : 7,300 m2
Add Lift Shaft (10% of GFA) : 730 m2
Basement Car Parks : 555 m2
Total CFA : 8,585 m2
(8) Construction Floor Area
Office : 73,182 m2
Commercial : 8,585 m2
Total CFA : 81,767 m2
3. Tower 26 floors
Deduction for
walkway Office Retail Carpark
Floor Type of use Floor number Gross floor area/floor (GFA) GFA GFA GFA
G Retail 1 2,500 0.00 - 2,500.00 -
1st Office 1 2,500 212.00 2,288.00 - -
2nd to 25th Office 24 2,500 0.00 60,000.00 - -
TOTAL GFA (Tower) 62,288.00 2,500.00 -
Mall 4 floors
Deduction for
walkway Office Retail Carpark
Floor Type of use Floor number Gross floor area/floor (GFA) GFA GFA GFA
G Retail 1 1,200 0.00 - 1,200.00 -
1st - 3rd Retail 3 1,200 0.00 - 3,600.00 -
TOTAL GFA (Mall) - 4,800.00 -
Basement 1 floor
Deduction for
walkway Office Retail Carpark
Floor Type of use Floor number Gross floor area/floor (GFA) GFA GFA GFA
LG Carpark 1 7,000 390.00 - - 6,610.00
Ramps & M&E Services Carpark 1 340.00 - - (340.00) (6,610-6,270) m3
TOTAL GFA (Carpark) - - 6,270.00
Pedestrian
walkway 1 floor
Walkway Office Retail Carpark
Floor Type of use Floor number Gross floor area/floor (GFA) GFA GFA GFA
Underground (P1-P2) Walkway 1 390 390.00 - - -
1st (P1) Walkway 1 212 212.00
TOTAL GFA (Pedestrian walkway) 602.00 - - -
Plot A2 Open Space Walkway Office Retail Carpark
GRAND TOTAL 100.00 602.00 62,288.00 7,300.00 6,270.00
61,730.00 *required =>
TOTAL DEVELOPMENT GFA 76,560.00
77,162.00 *required =<