PROPOSED 10 UNITS SINGLE STOREY SEMI DETACHED, 65 UNITS SINGLE STOREY TERRACE

AND 64 UNITS DETACHED HOUSE ON LOT NO. P.T 303, P.T 2443, P.T 2202, P.T 2175 AND P.T 2207
MUKIM LABU, DAERAH SEPANG, SELANGOR DARUL EHSAN

CONTENT
1.0

INTRODUCTION

2.0

SCOPE OF DEVELOPMENT

3.0

BASIS OF ESTIMATING AND ASSUMPTIONS

4.0

ESTIMATED DEVELOPMENT COST

5.0

COST EXCLUSION

6.0

PROJECTED REVENUE

7.0

CONCLUSION

8.0

PROPOSED PROFIT SHARING STRUCTURE

APPENDICES
Appendix A:
Appendix B :
Appendix C :

Projected Cash Flow Based On Normal Drawdown

Projected Cash Flow Based On Proposed Loan Drawdown and Repayment
Income From Installment Payment (RM) For Single Storey Semi
Detached

1.00 INTRODUCTION

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PROPOSED 10 UNITS SINGLE STOREY SEMI DETACHED, 65 UNITS SINGLE STOREY TERRACE
AND 64 UNITS DETACHED HOUSE ON LOT NO. P.T 303, P.T 2443, P.T 2202, P.T 2175 AND P.T 2207
MUKIM LABU, DAERAH SEPANG, SELANGOR DARUL EHSAN

1.1

This Preliminary Viability Study No.1 is prepared based on the architectural

layout plan and development data available at the time of estimating. It must be
considered very preliminary pending more detailed drawings and informations.

1.2

The purpose of this report is to evaluate the viability of Proposed 10 Units Single
Storey Semi Detached, 65 Units Single Storey Terrace And 64 Units Detached
House On Lot No. P.T 303, P.T 2443, P.T 2202, P.T 2175 And P.T 2207 Mukim
Labu, Daerah Sepang, Selangor Darul Ehsan.

1.3

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A revise study will be prepared once further details are available.

PROPOSED 10 UNITS SINGLE STOREY SEMI DETACHED, 65 UNITS SINGLE STOREY TERRACE
AND 64 UNITS DETACHED HOUSE ON LOT NO. P.T 303, P.T 2443, P.T 2202, P.T 2175 AND P.T 2207
MUKIM LABU, DAERAH SEPANG, SELANGOR DARUL EHSAN

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PROPOSED 10 UNITS SINGLE STOREY SEMI DETACHED, 65 UNITS SINGLE STOREY TERRACE
AND 64 UNITS DETACHED HOUSE ON LOT NO. P.T 303, P.T 2443, P.T 2202, P.T 2175 AND P.T 2207
MUKIM LABU, DAERAH SEPANG, SELANGOR DARUL EHSAN

3.00 BASIS OF COST ESTIMATES AND ASSUMPTIONS

Due to the nature of drawings and information, we have assumed the following:3.1

Preliminaries
We have allocated a sum of RM 790,000.00 of the construction cost for
preliminaries to cover insurance, contractors mobilisation, site office, staff
accommodations, etc.

3.2

Earthworks
Earthfilling to the site is not required.

3.3

Piling
Piling shall be R.C pile to a depth of 15 meters and we assumed all buildings to be
piled.

3.4

Pre-Development Cost
i.

Planning and Submission Fees

These fees to be paid to Authorities for Building Plan approval and
Development Order approval.
This fee has been allowed based on RM 30,000.00.

ii.

Soil Investigation
This has been allowed at RM 20,000.00

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PROPOSED 10 UNITS SINGLE STOREY SEMI DETACHED, 65 UNITS SINGLE STOREY TERRACE
AND 64 UNITS DETACHED HOUSE ON LOT NO. P.T 303, P.T 2443, P.T 2202, P.T 2175 AND P.T 2207
MUKIM LABU, DAERAH SEPANG, SELANGOR DARUL EHSAN

3.00 BASIS OF COST ESTIMATES AND ASSUMPTIONS (CONTD)

iii.

Survey Engineering
The cost incurred is estimated RM 15,000.00

iv.

Contribution to Authorities
Contribution are required to be paid to TNB, DID, Telekom, JBA, IWK,
etc for connecting services and we have allocated an amount of RM
200,000.00 for this item.

3.5

Professional Fees
We have included a sum of 10% of the construction cost to cover for professional
fees payable to Project Manager, Architect, Engineers and Surveyors.

3.6

Contingencies and Design Reserve

A provision of 4.5% of the construction cost has been allowed in our study to
cover contingencies and any unforeseen variations in design during the
construction period.

3.00 BASIS OF COST ESTIMATES AND ASSUMTIONS (CONTD)

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PROPOSED 10 UNITS SINGLE STOREY SEMI DETACHED, 65 UNITS SINGLE STOREY TERRACE
AND 64 UNITS DETACHED HOUSE ON LOT NO. P.T 303, P.T 2443, P.T 2202, P.T 2175 AND P.T 2207
MUKIM LABU, DAERAH SEPANG, SELANGOR DARUL EHSAN

3.7

Developers Management and Supervision Expenses

This has been budgeted at RM 10,000.00 per month at 1.5 factor of the
construction period (assumed 24 months of construction period) to cover
Developers expenses attributable to the project and staff remuneration.

3.8

Advertising and Promotional Expenses

Taking RM 50,000.00 from total estimated development cost.

3.9

Mechanical & Electrical Works

Cost for Mechanical and Electrical works have been allowed in the building cost
and need to be verified by the M & E Engineers as the design develops.

3.10

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The land is assumed to be free of any encumbrances.

PROPOSED 10 UNITS SINGLE STOREY SEMI DETACHED, 65 UNITS SINGLE STOREY TERRACE
AND 64 UNITS DETACHED HOUSE ON LOT NO. P.T 303, P.T 2443, P.T 2202, P.T 2175 AND P.T 2207
MUKIM LABU, DAERAH SEPANG, SELANGOR DARUL EHSAN

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PROPOSED 10 UNITS SINGLE STOREY SEMI DETACHED, 65 UNITS SINGLE STOREY TERRACE
AND 64 UNITS DETACHED HOUSE ON LOT NO. P.T 303, P.T 2443, P.T 2202, P.T 2175 AND P.T 2207
MUKIM LABU, DAERAH SEPANG, SELANGOR DARUL EHSAN

5.00 COST EXCLUSION

The following item have not been taken into account in this study:

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i.

Furniture and Furnishing

ii.

Any other item not specifically mentioned

PROPOSED 10 UNITS SINGLE STOREY SEMI DETACHED, 65 UNITS SINGLE STOREY TERRACE
AND 64 UNITS DETACHED HOUSE ON LOT NO. P.T 303, P.T 2443, P.T 2202, P.T 2175 AND P.T 2207
MUKIM LABU, DAERAH SEPANG, SELANGOR DARUL EHSAN

6.00 PROJECTED REVENUE

6.1

This report is to be financed partially by borrowed funds and income from sales.

6.2

No attempt has been made to ascertain the detailed statistical relationship between
supply and demand of single storey semi detached and single storey detached
houses over the next few years and for this report we assumed that there will be a
demand for this type of development in the vicinity.

6.3

No attempt has been made to ascertain the market trend and price for the next few
years.

6.4

The selling price of each building component, which has been pegged to suit
current market situation, is only as a guide. The developer is recommended to
engage a professional valuer for the purpose of determining a realistic selling
price.

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PROPOSED 10 UNITS SINGLE STOREY SEMI DETACHED, 65 UNITS SINGLE STOREY TERRACE
AND 64 UNITS DETACHED HOUSE ON LOT NO. P.T 303, P.T 2443, P.T 2202, P.T 2175 AND P.T 2207
MUKIM LABU, DAERAH SEPANG, SELANGOR DARUL EHSAN

6.00 PROJECTED REVENUE (CONTD)

6.5

Our study has been approached on 100% outright sales of the overall
development.

6.6

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We have allowed a development programme as follows :

10

PROPOSED 10 UNITS SINGLE STOREY SEMI DETACHED, 65 UNITS SINGLE STOREY TERRACE
AND 64 UNITS DETACHED HOUSE ON LOT NO. P.T 303, P.T 2443, P.T 2202, P.T 2175 AND P.T 2207
MUKIM LABU, DAERAH SEPANG, SELANGOR DARUL EHSAN

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PROPOSED 10 UNITS SINGLE STOREY SEMI DETACHED, 65 UNITS SINGLE STOREY TERRACE
AND 64 UNITS DETACHED HOUSE ON LOT NO. P.T 303, P.T 2443, P.T 2202, P.T 2175 AND P.T 2207
MUKIM LABU, DAERAH SEPANG, SELANGOR DARUL EHSAN

7.00 CONCLUSION

PROFIT

Less

PROJECTED REVENUE

RM

DEVELOPMENT COST

RM
-----------------------------

PRE-TAX PROFIT

RM
====================

RETURN ON DEVELOPMENT

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PROPOSED 10 UNITS SINGLE STOREY SEMI DETACHED, 65 UNITS SINGLE STOREY TERRACE
AND 64 UNITS DETACHED HOUSE ON LOT NO. P.T 303, P.T 2443, P.T 2202, P.T 2175 AND P.T 2207
MUKIM LABU, DAERAH SEPANG, SELANGOR DARUL EHSAN

8.00 PROPOSED PROFIT SHARING STRUCTURE

Developer

@70%

RM

Land Owner (State Government)

@30%

RM
-------------------------

TOTAL

RM
==================

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PROPOSED 10 UNITS SINGLE STOREY SEMI DETACHED, 65 UNITS SINGLE STOREY TERRACE
AND 64 UNITS DETACHED HOUSE ON LOT NO. P.T 303, P.T 2443, P.T 2202, P.T 2175 AND P.T 2207
MUKIM LABU, DAERAH SEPANG, SELANGOR DARUL EHSAN

9.00 BENEFIT TO THE STATE GOVERNMENT

i.

Land Premium

RM

ii.

Profit Sharing From Sales Revenue

RM
--------------------------TOTAL

RM

==================

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