From: Integrated framework for existing building alternatives by the building information modeling
Clause | Item | Value | Notes |
---|---|---|---|
Data | Land area | 2285 m2 | m2 |
Meter price of the vacant land | $3254 | $ | |
The total price of vacant land | $7,436,072 | $ | |
Cost estimation | Construction cost | $65,416 | $ |
Administration expenses | $981 | 1.5% Of construction cost | |
Supervising the implementation | $1635 | 2.5% Of construction cost | |
Selling commission marketing expenses | $371,830 | 5% Of the selling price | |
Total cost | $439,863 | $ | |
Net present value (NPV) | $5,891,377 | From cash flow |