This document provides a breakdown and cost calculations for a proposed residential development project consisting of two 31-storey towers with 404 service apartment units over 7 floors of podium and 2 basement levels. It includes a breakdown of the gross floor area and construction area by floor. It also provides the estimated construction costs by element including structure, architectural, mechanical and electrical works. The total estimated cost is RM284 million. Structure works make up 29% of costs, architectural 40%, M&E 30% and others 1%. Cost references from construction handbooks are provided to estimate the average cost per square meter.

1. 5.3 BREAKDOWN OF COST CALCULATIONS

2. Area Calculation Breakdown for Overall Building (by Glodon TAS)
PIC CFA (m2) GFA (m2) Ancillary (m2)
Circulation
(m2)
Usable (m2)
Internal
Division (m2)
3,983.40 3,925.93 53.93 2,472.11 1,226.08 173.81
4,027.10 3,970.39 55.21 2,546.29 1,182.03 186.86
8,010.50 7,896.32 109.14 5,018.40 2,408.11 360.68
Alwin 5,855.26 3,909.31 1,064.25 2,345.16 289.71 210.19
Adele 3,539.27 3,476.44 45.94 2,489.87 771.74 168.89
3,357.15 3,301.06 49.26 2,111.72 940.24 199.85
3,355.85 3,300.69 50.98 2,108.02 988.01 153.68
3,319.42 3,266.99 49.75 2,084.72 979.30 153.22
3375.85 3,324.93 50.71 2,101.42 990.33 182.47
3374.23 3,323.70 50.63 2,076.42 1,016.62 180.03
3390.86 2,396.11 1,045.59 688.03 470.91 191.58
29,567.89 26,299.23 2,407.11 16,005.36 6,446.86 1,439.91
2,068.00 1,448.40 47.00 297.80 967.99 135.61
10,960.04 10,138.80 329.00 2,084.60 6,775.93 949.27
1,574.34 1,457.34 47.00 297.80 976.65 135.89
1,584.30 1,467.93 150.74 297.80 881.28 138.11
1,589.84 1,474.41 47.00 298.80 1,022.21 106.40
4,784.28 4,447.14 139.98 902.58 2,996.82 407.76
1,597.34 1,484.92 47.02 300.86 1,001.39 135.65
1,594.53 1,482.13 47.02 300.86 998.77 135.48
1,594.55 1,482.03 47.02 300.86 998.72 135.43
1,587.49 1,474.37 47.02 300.86 991.47 135.02
1,577.18 1,458.59 55.59 305.62 985.91 111.47
1,568.90 1,451.79 55.42 305.47 977.02 113.88
1,577.13 1,456.39 56.01 307.16 981.24 111.98
1,577.13 1,456.39 55.02 307.18 987.30 106.89
1,582.64 1,464.66 55.42 305.67 989.87 113.71
1,594.06 1,477.80 45.15 316.22 979.35 137.07
4,792.14 4,443.11 135.23 950.55 2,941.04 416.29
1,648.24 1,535.05 45.20 313.87 1,051.21 124.76
1,639.13 1,525.90 44.74 312.16 1,045.53 123.47
3,305.53 3,086.44 90.85 1,213.02 1,516.06 266.52
1,627.03 1,533.44 338.37 575.94 496.75 122.38
244.78 223.18 57.59 136.79 0.00 28.80
482.35 0.00 0.00 0.00 0.00 0.00
52,150.94 47,470.20 1,983.38 10,732.47 30,562.51 4,191.84
89,729.33 81,665.75 4,499.63 31,756.23 39,417.48 5,992.42
Roof Facilities Level
AlwinLift Motor Room
Roof Top
TOTAL (m2)
TOTAL (m2)
Level 31
Michelle
Level 32-34
Level 35
Level 37
Level 36&38
Level 26
Jacquelyn
Level 27
Level 28
Level 29
Level 30
Level 19-21
Darren
Level 22
Level 23
Level 24
Level 25
TOTAL (m2)
Level 8
Mong
Level 9-15
Level 16
Level 17
Level 18
Podium 1
Podium 2
ElissaPodium 3
Podium 4
Podium 5
Li JingPodium 6
Podium 7
FLOOR
Basement 2
Adele
Basement 1
TOTAL (m2)
Ground Floor

3. Area Calculation Breakdown for Tower A & B
FLOOR PIC CFA (m2) GFA (m2) NFA (m2) CFA (m2) GFA (m2) NFA (m2) Total CFA Total GFA Total NFA
Level 8 1,011.57 729.76 562.52 1,056.43 718.64 750.27 2,068.00 1,448.40 1,312.79
Level 9-15 5,518.24 5,108.32 4,626.65 5,441.80 5,030.48 4,562.88 10,960.04 10,138.80 9,189.53
Level 16 790.97 732.35 663.56 783.36 725.02 657.89 1,574.33 1,457.37 1,321.45
Level 17 798.29 740.34 669.33 786.02 727.59 660.49 1,584.31 1,467.93 1,329.82
Level 18 797.99 740.34 695.30 791.84 734.07 641.71 1,589.83 1,474.41 1,337.01
Level 19-21 2,402.78 2,228.97 2,028.00 2,381.50 2,218.17 2,012.46 4,784.27 4,447.14 4,040.46
Level 22 803.51 745.53 678.45 793.83 739.39 670.82 1,597.34 1,484.92 1,349.27
Level 23 800.70 742.74 675.83 793.83 739.39 670.82 1,594.53 1,482.13 1,346.65
Level 24 800.72 742.64 675.78 793.83 739.39 670.82 1,594.55 1,482.13 1,346.60
Level 25 796.36 737.89 671.17 791.13 736.48 668.12 1,587.49 1,474.37 1,339.29
Level 26 794.13 734.41 678.40 783.04 724.18 668.73 1,577.18 1,458.59 1,347.12
Level 27 788.38 727.96 671.88 780.51 723.84 666.03 1,568.90 1,451.79 1,337.91
Level 28 797.51 737.16 680.35 779.62 719.23 664.06 1,577.13 1,456.39 1,344.41
Level 29 797.51 737.16 680.35 779.62 719.23 670.15 1,577.13 1,456.39 1,350.50
Level 30 798.84 740.28 682.41 783.80 724.38 668.54 1,582.64 1,464.66 1,350.95
Level 31 803.08 743.79 675.27 790.97 734.01 665.45 1,594.06 1,477.80 1,340.72
Level 32-34 2,410.43 2,233.70 2,025.59 2,381.71 2,209.41 2,001.23 4,792.14 4,443.11 4,026.81
Level 35 825.89 766.85 773.06 822.35 768.20 637.22 1,648.24 1,535.05 1,410.28
Level 37 821.28 762.19 701.50 817.85 763.71 700.96 1,639.13 1,525.90 1,402.46
Level 36&38 1,658.17 1,547.92 1,413.31 1,647.36 1,538.53 1,406.61 3,305.53 3,086.44 2,819.92
25,016.36 22,980.29 20,928.70 24,780.40 22,733.32 20,715.27
Roof Facilities Level 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Lift Motor Room 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Roof Top 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 49,796.76 45,713.71 41,643.97
25,016.36 22,980.29 20,928.70 24,780.40 22,733.32 20,715.27
TOTAL
Alwin
TOTAL (m2)
TOTAL (m2)
TOWER A TOWER B
Mong
Darren
Jacquelyn
Michelle

4. COST REFERENCE (JUBM & ARCADIS CONSTRUCTION HANDBOOK)
1. Cost/m2
As shown in the picture below, the cost per square meter for luxury department in
year 2012 to year 2017 is approximately RM3,500.00/m2. Therefore, the cost per
square meter in year 2018 can be predicted within the range of RM3,500.00/m2 –
RM3,800.00/m2.
> Construction Cost Data from
JUBM & Archadis Handbook
2017
> Construction Cost Data from
JUBM & Archadis Handbook 2018

5. 2. Cost Reference for Cost/m2 (average value)
Cost data from year 2018 is used for project construction cost estimation.
RM3,175.00/m2 and RM3,850.00/m2 are used to get average cost per square meter for
project estimation.
^ Reference from JUBM & Archadis Handbook 2017
^ Reference from JUBM & Archadis Handbook 2018

6. 3. Average Maybank Base Lending Rate for 2018 to 2019 is 3%.
2017 Arcadis Based Lending Rate in Arcadis no longer in use effective 2019 by Maybank.

7. 4. Construction Cost Data for Ancillary Facilities

9. CADANGAN PEMBANGUNAN 2 BLOK 31 TINGKAT PANSAPURI SERVICE (404) UNIT
DI ATAS 7 TINGKAT PODIUM BERSERTA 2 TINGKAT BASEMEN DI ATAS LOT 160,
JALAN ROBSON OFF JALAN SYED PUTRA, MUKIM KUALA LUMPUR, WILAYAH
PERSEKUTUAN KUALA LUMPUR.
PRELIMINARY COST APPRAISAL PERCENTAGE
No. Element
Estimated
Construction Cost
(RM)
Percentage
Cost per m2 of CFA
(RM)
Structure 22,026,214.91 68% 2,749.67
Architectural 1,497,472.15 5% 186.94
M&E 8,717,507.39 27% 1,088.26
TOTAL 32,241,194.45 100% 4,024.87
Structure 21,726,494.09 56% 734.80
Architectural 8,313,428.50 22% 281.16
M&E 8,561,703.57 22% 289.56
TOTAL 38,601,626.16 100% 1,305.53
Structure 18,825,799.76 18% 718.57
Architectural 52,275,043.41 49% 1,995.30
M&E 34,800,216.62 33% 1,328.30
TOTAL 105,901,059.78 100% 4,042.17
Structure 18,648,227.09 17.78% 718.57
Architectural 51,781,963.75 49% 1,995.30
M&E 34,471,966.69 33% 1,328.30
TOTAL 104,902,157.54 100% 4,042.17
TOTAL 2,498,033.11 100% 96.26
81,226,735.85 29% 905.2417515
113,867,907.82 40% 1269.015469
86,551,394.27 30% 964.5830886
2,498,033.11 1% 27.83964967
284,144,071.04 100% 3166.679959
Architectural
Structure
M&E
TOTAL
Others
2
3
EXTERNAL WORKS
TOWER B
2,498,033.11 100.00% 96.26
TOTAL CONSTRUCTION COST
PODIUM CARPARK
TOWER A
Others
4
4
BASEMENT CARPARK
PERCENTAGE OF STRUCTURE, ARCHITECTURAL AND M&E COST
1

10. Cost Reference Cost Reference
Ref from JUBM &
Arcadis Cost
Handbook
(RM/m2)
Ref from JUBM
& Arcadis Cost
Handbook
(RM/m2)
3925.93 3,512.50 3,512.50
3970.39 3,512.50 3,512.50
7,896.32
3,909.31 3,650.00 3,650.00
3,476.44 3,175.00 3,175.00
3,301.06 3,175.00 3,175.00
3,300.69 3,175.00 3,175.00
3,266.99 3,175.00 3,175.00
3,324.93 3,175.00 3,175.00
3,323.70 3,175.00 3,175.00
2,396.11 3,650.00 3,650.00
26,299.23
Tower Tower A Tower B Tower A Tower B Tower A Tower B Tower A Tower B
Level 8 729.76 718.64 3,512.50 2,563,282.00 2,524,223.00 1,011.57 1,056.43 3,512.50 3,553,139.63 3,710,710.38
Level 9-15 5,108.32 5,030.48 3,512.50 17,942,974.00 17,669,561.00 5,518.24 5,441.80 3,512.50 19,382,818.00 19,114,322.50
Level 16 732.35 725.02 3,512.50 2,572,379.38 2,546,632.75 790.97 783.36 3,512.50 2,778,282.13 2,751,552.00
Level 17 740.34 727.59 3,512.50 2,600,444.25 2,555,659.88 798.29 786.02 3,512.50 2,803,993.63 2,760,895.25
Level 18 740.34 734.07 3,512.50 2,600,444.25 2,578,420.88 797.99 791.84 3,512.50 2,802,939.88 2,781,338.00
Level 19-21 2,228.97 2,218.17 3,512.50 7,829,267.66 7,791,311.59 2,402.78 2,381.50 3,512.50 8,439,747.19 8,365,004.70
Level 22 745.53 739.39 3,512.50 2,618,670.61 2,597,103.86 803.51 793.83 3,512.50 2,822,318.34 2,788,334.90
Level 23 742.74 739.39 3,512.50 2,608,877.76 2,597,103.86 800.70 793.83 3,512.50 2,812,448.21 2,788,334.90
Level 24 742.64 739.39 3,512.50 2,608,530.03 2,597,103.86 800.72 793.83 3,512.50 2,812,521.98 2,788,334.90
Level 25 737.89 736.48 3,512.50 2,591,838.63 2,586,871.95 796.36 791.13 3,512.50 2,797,214.50 2,778,833.59
Level 26 734.41 724.18 3,512.50 2,579,618.64 2,543,668.20 794.13 783.04 3,512.50 2,789,395.68 2,750,442.05
Level 27 727.96 723.84 3,512.50 2,556,941.94 2,542,480.98 788.38 780.51 3,512.50 2,769,198.80 2,741,551.91
Level 28 737.16 719.23 3,512.50 2,589,267.48 2,526,309.43 797.51 779.62 3,512.50 2,801,260.90 2,738,401.20
Level 29 737.16 719.23 3,512.50 2,589,267.48 2,526,309.43 797.51 779.62 3,512.50 2,801,260.90 2,738,401.20
Level 30 740.28 724.38 3,512.50 2,600,233.50 2,544,370.70 798.84 783.80 3,512.50 2,805,918.48 2,753,111.55
Level 31 743.79 734.01 3,512.50 2,612,555.35 2,578,203.10 803.08 790.97 3,512.50 2,820,832.55 2,778,292.66
Level 32-34 2,233.70 2,209.41 3,512.50 7,845,864.23 7,760,552.63 2,410.43 2,381.71 3,512.50 8,466,638.89 8,365,763.40
Level 35 766.85 768.20 3,512.50 2,693,543.06 2,698,302.50 825.89 822.35 3,512.50 2,900,952.68 2,888,493.84
Level 37 762.19 763.71 3,512.50 2,677,195.89 2,682,520.84 821.28 817.85 3,512.50 2,884,735.46 2,872,701.64
Level 36&38 1,547.92 1,538.53 3,512.50 5,437,054.95 5,404,079.60 1,658.17 1,647.36 3,512.50 5,824,329.15 5,786,337.95
Roof Facilities Level 770.35 763.09 3,650.00 2,811,777.50 2,785,278.50 817.37 809.66 3,650.00 2,983,400.50 2,955,259.00
Lift Motor Room 112.12 111.06 3,512.50 393,821.50 390,098.25 122.97 121.81 3,512.50 431,932.13 427,857.63
Roof Top 0.00 0.00 3,512.50 0.00 0.00 242.32 240.03 3,512.50 851,149.00 843,105.38
Total 23,862.76 23,607.47 Total 83,923,850.06 83,026,166.76 26,199.02 25,951.90 92,136,428.56 91,267,380.51
47,470.23 281,180,970.58 Total CFA 89,729.30 309,810,641.73
SUMMARY SUMMARY
Based on GFA GFA
Construction
Cost Including
10% Preliminaries
Construction
Cost Excluding
10% Preliminaries
Based on CFA CFA
Construction
Cost Including
10% Preliminaries
Construction
Cost Excluding
10% Preliminaries
Basement 7,896.32 27,735,824.00 25,214,385.45 Basement 8,010.50 28,136,881.25 25,578,982.95
Podium 26,299.23 86,495,129.75 78,631,936.14 Podium 29,567.89 98,269,951.40 89,336,319.45
Tower A 23,862.76 83,923,850.06 76,294,409.15 Tower A 26,199.02 92,136,428.56 83,760,389.60
Tower B 23,607.47 83,026,166.76 75,478,333.42 Tower B 25,951.90 91,267,380.51 82,970,345.92
Total 47,470.23 281,180,970.58 255,619,064.16 Total 89,729.30 309,810,641.73 281,646,037.93
10,372,693.25
29,567.89
3,390.86
3,374.2310,552,747.50
86,495,129.75
8,745,801.50
Podium 6
Total
Podium 7
Total GFA Total Construction Cost
Construction cost estimate based on High End Apartment units with good quality fit-out, including air-conditioning, kitchen cabinets and home appliances, but excluding decorative light fittings and loose
furniture.
CONSTRUCTION COST FOR MAIN BUILDING
Basement 2
3,375.8510,556,652.75
3,357.15
3,355.85
Podium 4
Podium 3
Podium 2
Podium 5
10,479,690.75
8,010.50
(m2)
CFAGFA Total Cost
13,945,994.88
13,789,829.13
(Area x RM/m2)
Total Cost
4027.10
3983.40
11,037,697.00
10,480,865.50
BasementBasement
(Area x RM/m2)
Total
Basement 1
Podium 1
(m2)
Ground Floor 14,268,981.50
27,735,824.00
Podium
5,855.26
28,136,881.25
14,145,188.75
3,539.27
13,991,692.50
Podium
Total Construction Cost
98,269,951.40
10,718,323.75
10,658,951.25
12,376,639.00
10,713,180.25
21,371,699.00
11,237,175.90
10,654,823.75
10,539,158.503,319.42

11. CADANGAN PEMBANGUNAN 2 BLOK 31 TINGKAT PANSAPURI SERVICE (404) UNIT DI ATAS 7 TINGKAT PODIUM
BERSERTA 2 TINGKAT BASEMEN DI ATAS LOT 160, JALAN ROBSON OFF JALAN SYED PUTRA, MUKIM KUALA
LUMPUR, WILAYAH PERSEKUTUAN KUALA LUMPUR.
Item Element Unit Quantity Rate Amount Source
A Signages
Corridor Signs No 76 48.22 3,664.72
Unit Signs No 404 50.00 20,200.00
Emergency Exit Signs No 111 88.00 9,768.00
Total 33,632.72
Item Element Unit Quantity Rate Amount Source
B Security
CCTV units with Set
Tower no. 114 362.50 41,325.00 Lazada ( incl labour)
Podium no. 42 362.50 15,225.00
Basement no. 12 362.50 4,350.00
Security Office no. 1 50,000.00 50,000.00
PA system and networking cable no. 1 100,000.00 100,000.00
Total 210,900.00
PRELIMINARY COST APPRAISAL
RATE BREAKDOWN
Cost Estimation for Element

12. Expected Profit Margin
Revenue
Tower A Tower B Cost per m2 Tower A Tower B
CFA 23,862.76 23,607.47 4,042.18 96,457,501.40 95,425,598.05
NFA 21,735.00 21,514.00
Based on nearby High Class Luxury Apartments with same amenities:- Conversion sq ft to sq m = X 10.764
Lowest Highest Avg Lowest Highest Avg
Setia Sky Seputeh Taman Seputeh 0.8 m 1,416.00 1,464.00 1,440.00 15,241.82 15,758.50 15,500.16
The Estabishment Bangsar 1.2 km 1,020.00 1,388.00 1,204.00 10,979.28 14,940.43 12,959.86
Sentral Suites KL Sentral 1.9 km 608.00 1,215.00 911.50 6,544.51 13,078.26 9,811.39
Riveria City Bricksfield 2 km 1,120.00 1,300.00 1,210.00 12,055.68 13,993.20 13,024.44
The Sloth Residency Jalan Robson 0 km 1,041.00 1,341.75 1,191.38 11,205.32 14,442.60 12,823.96
Projected Revenue
Tower A Tower B Cost per m2 Tower A Tower B
CFA 0.00 0.00 3,750.93 0.00 0.00
NFA 21,735.00 21,514.00 12,823.96 278,728,781.47 275,894,686.20
Total Revenue 554,623,467.66
Total Cost 336,568,652.15
Total Profit 218,054,815.51 64.79%
Expected Turnout Rate Percentage Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Onwards
Turnout at 50% 0.5 109,027,407.76
Turnout at 20% 0.2 43,610,963.10
Turnout at 10% 0.1 21,805,481.55
Turnout at 8% 0.08 17,444,385.24
Turnout at 6% 0.06 13,083,288.93
Turnout at 4% 0.04 8,722,192.62
Turnout at 2% 0.02 4,361,096.31
Total 1
Original Construction Total Cost
Original Construction Total Cost
Project Name Location Distance
Selling Price at launch per square ft. (RM) Selling Price at launch per square metre (RM)
218,054,815.51