RideRs digest 2016 - RLBassets.rlb.com/production/2016/04/05123707/RLB-Riders-Digest... · Riders...

2016

RideRs digest

Sydney,AuStrAliAEdition

Instant cost data on the spotRider Levett Bucknall smartphone appThe fastest way to get the latest construction cost information right at your fingertips

www.rlb.com/app

A yearly publication from RLB’s Research & Development department.

Riders Digest is a compendium of cost information and related data specifically prepared by RLB for the Australian construction industry.

RIDERS DIGEST44th Edition

For further information and feedback contact:

Rider Levett Bucknall13th Floor, 380 St Kilda Road, Melbourne Vic. 3004

Telephone: (03) 9690 6111Facsimile: (03) 9690 6577

A.B.N. 28 006 699 476Website: www.rlb.com

Contact: John Cross Oceania Research & Development Manager

Email: [email protected]

While the information in this publication is believed to be correct, no responsibility is accepted for its accuracy. Persons desiring to utilise any information appearing in this publication should verify its applicability to their specific circumstances. Cost information in this publication is indicative and for general guidance only and is based on rates ruling at Fourth Quarter 2015 (unless stated differently). All figures are rounded and exclude GST.

© Rider Levett Bucknall 2015

Reproduction in whole or part forbidden

Rider Levett Bucknall | Riders Digest 20162

ProfEssional sErvicEs

Introduction 6

Cost Consultancy Services 7

Advisory and Research 8

intErnational constrUction

Building Costs 10

Escalation 14

aUstralian constrUction

Building Costs 16

Building Services Costs 20

Tender Price Index 24

Tender Price Index Trends 26

Relativities Matrix 27

2016 RDO Calendar 28

Regional Indices 30

Definitions 31

constrUction

Building Services Costs 34

Unit Costs 38

Office Fitout Costs 39

Hotel Furniture, Fittings & Equipment Costs 40

Recreational Facilities Costs 41

Demolition Costs 43

Siteworks Costs 44

dEvEloPMEnt

Land Values 46

Rents & Yields 47

Rental Rates 48

Stamp Duties 49

Land Tax 50

Planning - Car Parking 51

Vertical Transportation 52

Construction Work Done 55

Office Sector Data 59

Retail Sector Data 62

Industrial Sector Data 64

contEnts

Rider Levett Bucknall | Riders Digest 2016 3

BEnchMarKs

Office Building Efficiencies 66

Labour and Materials Trade Ratios 67

Reinforcement Ratios 68

Progress Payment Claims 69

Kitchen Equipment 70

Common Industry Acronyms 72

Method of Measurement of Building Areas 73

assEts & facilitiEs

Sustainability and Quality 78

Management Standards 79

Useful Life Analysis 80

Outgoings 81

Essential Safety Measures 82

Capital Allowances (Tax Depreciation) 83

officEs

Oceania 86

Africa 87

Middle East 87

United Kingdom 88

Asia 88

Americas 91

calEndars

Public Holidays in Australia 94

Calendars 2015 - 2018 95


acKnoWlEdGEMEntsRider Levett Bucknall wish to express their appreciation for advice received from the following organisations in the preparation of this compendium –

Property council of australiaMeasurement of Net Lettable Area.

savills researchLand Values, Rent and Yields, Rental Growth, Sector Data.

colliers international – ntNorthern Territory land values and yields.

Mccartney taylor dimitroff Pty ltdKitchen Equipment.

WsP structuresReinforcement Ratios.

RIDERS DIGEST44th Edition

PROFESSIONAL SERVICES

6 Introduction

7 Cost Consultancy Services

8 Advisory

8 Research


introdUction ridEr lEvEtt BUcKnall

Rider Levett Bucknall (RLB) is an independent global consultancy practice with a commitment to delivering high quality outcomes through advice focused on cost, quality and sustainability within property, infrastructure, construction and facilities.

RLB offers a comprehensive range of complementary cost consultancy, project management and advisory services from conception, through the design and construction and operational performance of facilities to their eventual disposal or reuse. Our clients have rapid access to the latest industry intelligence and innovations, which serve to enhance value and mitigate risk. We provide expert time management of the relationship between value, time and cost from inception to completion.

RLB can trace their origins in Australasia back to the United Kingdom in 1785, when Henry Cooper, the son of a master carpenter, founded a firm of Quantity Surveyors in Reading, England. Rider Hunt commenced practice as Quantity Surveyors in the early 1900s when J. Rider Hunt purchased Henry Cooper & Son practices in London.

Tracing its roots, the firm has a long and proud history of offering an extensive range of cost consultancy and advisory services and delivering award-winning landmark projects.

For over 230 years, RLB has been at the forefront of innovation by embracing global best practice and using local knowledge to deliver full property solutions for clients across a number of sectors.

In Australia, RLB was first established as Rider Hunt in 1949 in Melbourne with a second office in Sydney in 1954. The strength of these offices continued with the post war boom and expanded as new offices and partnerships were established throughout Australia and New Zealand.

Now with over 3,600 professionals in more than 120 offices across Asia, Europe, the Middle East, Africa, the Americas and Oceania, RLB offers clients access to the highest quality expertise supported by a depth of knowledge and experience few firms can rival.

RLB conducts research and publishes its findings across a wide range of key issues that impact the economics of the built environment.

One such publication is the Riders Digest. First issued in 1973, the Riders Digest is an annual compendium of regional and international industry information.


RLB specialises in all aspects of cost consultancy and quantity surveying services throughout the lifecycle of a project. Our expertise includes construction cost estimating and cost management, production of bills of quantities, tender and contract documents and financial administration of building contracts.

Services offered by RLB include:

cost Planning and Estimating services• Preliminary construction cost estimates

• Estimates of building services cost

• Preparation of feasibility studies

• Evaluation of design concepts and specifications

• Procurement methods and forms of contract

• Project escalation factors

• Detailed estimates of construction cost

• Value engineering

tendering and documentation• Strategic advice on methods of project procurement

and tendering

• Pre-qualification of contractors for tendering

• Bills of Quantities

• Pre tender estimates

• Calling of tenders and/or negotiation of prices

• Tender evaluation reports

Post-contract services• Preparation of valuations for progress claims

• Contract cost management and administration

• Schedules of forecasted cash flow

• Valuation of project variations

• Valuation and resolution of financial (time and cost) claims

• Defect management and resolution

• Resolution of final variations and contractor claims

• Preparation of final accounts

other services • Independent certifier role

• Financier certification

• Escalation forecasting

• Project risk management

• Construction market research

cost consUltancy sErvicEs


advisory

asset advisory• Total asset management planning

• Whole of life planning and cost benefit analysis

• RElifing and repositioning of existing assets

• Sustainability and environmental issues

facilities consultancy• Capital expenditure forecasts and life cycle costs

• Facilities audit and operational performance review

• Building Quality Assessment and benchmarking

Building surveying• Condition / dilapidation surveys

• Tenancy ”make good” reinstatements

• Building conservation and heritage

Property taxation• Capital allowances / tax depreciation schedules

• Inventories / asset registers

• Advice on tax legislation impact assessment

risk Mitigation and due diligence• Acquisition, disposal and outsourcing issues

• Insurance building replacement cost

• Project risk assessment and analysis

Procurement strategies• Needs analysis and brief defunction

• PPP’s and own vs lease options

• Contractual arrangement

litigation support• Arbitration & mediation

• Claims negotiation

• Expert witness

rEsEarch

• Industry and sectoral workload

• Cost escalation

• Cost benchmarking by sector

• Industry trend analysis

advisory and rEsEarch

INTERNATIONAL CONSTRUCTION

10 Building Costs

14 Escalation


location /citylocal

cUrrEncy

cost PEr M2 cost PEr M2

officE BUildinG rEtail rEsidEntial MUlti storEyPrEMiUM officEs GradE a Mall striP shoPPinG

loW hiGh loW hiGh loW hiGh loW hiGh loW hiGh

aMEricas

BAHAMAS USD 2,495 4,455 2,335 3,270 1,635 2,830 1,520 2,390 1,410 4,565

BOSTON USD 2,155 3,015 1,885 2,635 1,290 2,260 970 1,560 1,455 3,500

DENVER USD 1,505 2,420 1,075 1,615 860 1,400 700 1,345 645 3,765

HONOLULU USD 2,745 5,060 2,315 3,820 1,990 4,735 1,670 4,145 1,830 7,320

LAS VEGAS USD 1,505 3,070 1,130 2,045 1,240 5,165 700 1,560 755 4,305

LOS ANGELES USD 2,155 3,230 1,505 2,260 1,345 3,015 1,075 1,720 1,615 3,335

NEW YORK USD 2,205 3,765 1,940 2,905 1,505 2,690 1,240 1,720 1,505 3,765

PHOENIx USD 1,505 2,585 1,075 1,720 1,130 1,775 755 1,345 970 4,305

SEATTLE USD 1,775 2,205 1,240 1,720 1,240 2,155 1,025 1,455 1,075 2,530

asia

BEIJING RMB 7,650 12,600 7,150 10,800 8,400 12,850 7,400 11,550 4,050 6,150

GUANGZHOU RMB 7,200 11,500 6,650 10,050 8,200 11,700 7,100 10,650 3,800 5,700

HO CHI MINH CITY VND ('000) 23,392 33,646 19,950 24,971 18,877 25,131 N/P N/P 14,985 22,719

HONG KONG $HKD 22,500 33,500 19,200 26,000 22,600 28,700 19,300 25,000 21,100 36,500

JAKARTA RP ('000) 9,648 13,200 6,670 10,620 6,520 8,515 N/P N/P 6,430 9,986

SHANGHAI RMB 7,400 11,650 6,600 10,050 7,950 12,300 6,900 11,050 3,650 5,800

SINGAPORE SGD 2,700 4,000 2,100 3,000 2,200 3,400 N/P N/P 2,000 3,200

EUroPE

AMSTERDAM EUR 1,300 1,650 950 1,400 750 950 600 800 850 1,350

BRISTOL GBP 1,960 2,580 1,580 2,370 2,700 3,800 860 1,625 1,700 2,400

DUBLIN EUR 1,800 2,000 1,600 1,800 1,900 2,100 1,000 1,200 1,400 1,600

LONDON GBP 2,396 3,120 1,975 3,077 3,195 4,491 1,026 1,922 2,008 2,785

MANCHESTER GBP 1,907 2,501 1,646 2,470 2,678 3,762 854 1,615 1,636 2,292

PARIS EUR 1,295 1,306 2,434 2,745 1,538 2,314 1,198 1,538 2,338 2,466

MiddlE East

ABU DHABI AED 5,800 7,000 4,700 6,600 4,100 6,500 N/P N/P 4,500 6,500

DUBAI AED 5,800 7,000 4,700 6,600 4,100 6,500 N/P N/P 4,500 6,500

DOHA QAR 6,500 8,500 6,100 8,200 5,300 6,500 N/P N/P 6,500 7,800

ocEania

ADELAIDE AUD 2,600 3,850 2,100 3,250 1,550 2,850 1,300 1,825 2,250 3,550

AUCKLAND NZD 3,000 4,200 2,500 3,800 1,900 2,600 1,100 1,600 2,600 3,800

BRISBANE AUD 2,600 4,000 2,000 3,000 2,300 3,100 1,100 1,600 2,000 3,200

CANBERRA AUD 3,194 4,141 2,590 3,267 2,195 3,080 1,175 1,936 2,653 3,850

CHRISTCHURCH NZD 3,700 4,800 3,150 4,200 1,650 2,200 N/P N/P N/P N/P

DARWIN AUD 3,000 4,100 2,350 3,750 1,700 2,550 1,200 2,050 2,010 2,650

GOLD COAST AUD 2,450 4,000 1,900 3,000 2,150 3,100 1,050 1,600 1,758 3,200

MELBOURNE AUD 3,000 3,750 2,325 2,900 2,025 3,000 1,060 1,550 2,200 3,500

PERTH AUD 3,150 4,770 2,575 3,740 2,300 2,800 1,025 2,565 2,230 3,830

SYDNEY AUD 3,250 4,600 2,400 3,450 1,800 3,750 1,400 1,800 2,350 4,350

WELLINGTON NZD 2,940 3,360 2,310 2,625 1,300 1,800 N/P N/P 2,625 3,360

All costs are stated in local currency as shown below, as at Fourth Quarter 2015.

Refer to www.rlbintelligence.com for updates.

intErnational constrUction BUildinG costs

N/P: Not published


location /citylocal

cUrrEncy


officE BUildinG rEtail rEsidEntial MUlti storEyPrEMiUM officEs GradE a Mall striP shoPPinG


aMEricas

BAHAMAS USD 2,495 4,455 2,335 3,270 1,635 2,830 1,520 2,390 1,410 4,565

BOSTON USD 2,155 3,015 1,885 2,635 1,290 2,260 970 1,560 1,455 3,500

DENVER USD 1,505 2,420 1,075 1,615 860 1,400 700 1,345 645 3,765

HONOLULU USD 2,745 5,060 2,315 3,820 1,990 4,735 1,670 4,145 1,830 7,320

LAS VEGAS USD 1,505 3,070 1,130 2,045 1,240 5,165 700 1,560 755 4,305

LOS ANGELES USD 2,155 3,230 1,505 2,260 1,345 3,015 1,075 1,720 1,615 3,335

NEW YORK USD 2,205 3,765 1,940 2,905 1,505 2,690 1,240 1,720 1,505 3,765

PHOENIx USD 1,505 2,585 1,075 1,720 1,130 1,775 755 1,345 970 4,305

SEATTLE USD 1,775 2,205 1,240 1,720 1,240 2,155 1,025 1,455 1,075 2,530

asia

BEIJING RMB 7,650 12,600 7,150 10,800 8,400 12,850 7,400 11,550 4,050 6,150

GUANGZHOU RMB 7,200 11,500 6,650 10,050 8,200 11,700 7,100 10,650 3,800 5,700

HO CHI MINH CITY VND ('000) 23,392 33,646 19,950 24,971 18,877 25,131 N/P N/P 14,985 22,719

HONG KONG $HKD 22,500 33,500 19,200 26,000 22,600 28,700 19,300 25,000 21,100 36,500

JAKARTA RP ('000) 9,648 13,200 6,670 10,620 6,520 8,515 N/P N/P 6,430 9,986

SHANGHAI RMB 7,400 11,650 6,600 10,050 7,950 12,300 6,900 11,050 3,650 5,800

SINGAPORE SGD 2,700 4,000 2,100 3,000 2,200 3,400 N/P N/P 2,000 3,200

EUroPE

AMSTERDAM EUR 1,300 1,650 950 1,400 750 950 600 800 850 1,350

BRISTOL GBP 1,960 2,580 1,580 2,370 2,700 3,800 860 1,625 1,700 2,400

DUBLIN EUR 1,800 2,000 1,600 1,800 1,900 2,100 1,000 1,200 1,400 1,600

LONDON GBP 2,396 3,120 1,975 3,077 3,195 4,491 1,026 1,922 2,008 2,785

MANCHESTER GBP 1,907 2,501 1,646 2,470 2,678 3,762 854 1,615 1,636 2,292

PARIS EUR 1,295 1,306 2,434 2,745 1,538 2,314 1,198 1,538 2,338 2,466

MiddlE East

ABU DHABI AED 5,800 7,000 4,700 6,600 4,100 6,500 N/P N/P 4,500 6,500

DUBAI AED 5,800 7,000 4,700 6,600 4,100 6,500 N/P N/P 4,500 6,500

DOHA QAR 6,500 8,500 6,100 8,200 5,300 6,500 N/P N/P 6,500 7,800

ocEania

ADELAIDE AUD 2,600 3,850 2,100 3,250 1,550 2,850 1,300 1,825 2,250 3,550

AUCKLAND NZD 3,000 4,200 2,500 3,800 1,900 2,600 1,100 1,600 2,600 3,800

BRISBANE AUD 2,600 4,000 2,000 3,000 2,300 3,100 1,100 1,600 2,000 3,200

CANBERRA AUD 3,194 4,141 2,590 3,267 2,195 3,080 1,175 1,936 2,653 3,850

CHRISTCHURCH NZD 3,700 4,800 3,150 4,200 1,650 2,200 N/P N/P N/P N/P

DARWIN AUD 3,000 4,100 2,350 3,750 1,700 2,550 1,200 2,050 2,010 2,650

GOLD COAST AUD 2,450 4,000 1,900 3,000 2,150 3,100 1,050 1,600 1,758 3,200

MELBOURNE AUD 3,000 3,750 2,325 2,900 2,025 3,000 1,060 1,550 2,200 3,500

PERTH AUD 3,150 4,770 2,575 3,740 2,300 2,800 1,025 2,565 2,230 3,830

SYDNEY AUD 3,250 4,600 2,400 3,450 1,800 3,750 1,400 1,800 2,350 4,350

WELLINGTON NZD 2,940 3,360 2,310 2,625 1,300 1,800 N/P N/P 2,625 3,360

The following data represents estimates of current building costs in the respective market. Costs may vary as a consequence of factors such as site conditions, climatic conditions, standards of specification, market conditions etc.

Rates are in national currency per square metre of Gross Floor Area except as follows:

chinese cities, hong Kong and Macau: Rates are per square metre of Construction Floor Area, measured to outer face of external walls.

singapore, ho chi Minh city, Jakarta and Kuala lumpur: Rates are per square metre of Construction Floor Area, measured to outer face of external walls and inclusive of covered basement and above ground parking areas.

chinese cities, hong Kong, Macau and singapore: All hotel rates are inclusive of Furniture Fittings and Equipment (FF&E).


location /citylocal

cUrrEncy


hotEls car ParKinG indUstrial WarEhoUsE3 star 5 star MUlti storEy BasEMEnt


aMEricas

BAHAMAS USD 1,530 4,885 2,725 7,070 N/P N/P N/P N/P 1,530 4,885

BOSTON USD 1,720 2,690 2,690 4,305 645 970 860 1,185 755 1,075

DENVER USD 1,130 1,775 1,990 3,015 430 755 645 1,025 700 1,185

HONOLULU USD 3,120 5,220 4,950 7,160 915 1,345 1,290 2,530 1,345 2,155

LAS VEGAS USD 1,290 2,420 3,500 5,005 540 915 645 1,615 540 1,075

LOS ANGELES USD 2,155 2,960 3,230 4,845 1,025 1,240 1,185 1,670 1,025 1,720

NEW YORK USD 1,990 2,850 3,445 5,115 700 1,130 915 1,345 970 1,400

PHOENIx USD 1,505 1,940 2,475 4,305 430 700 645 1,075 590 1,075

SEATTLE USD 1,505 1,940 1,990 2,960 700 915 915 1,345 805 1,185

asia

BEIJING RMB 9,700 12,450 13,000 17,200 2,250 3,050 3,750 6,550 4,350 5,500

GUANGZHOU RMB 9,600 11,700 13,000 16,800 2,100 3,000 3,700 6,400 4,150 5,150

HO CHI MINH CITY VND ('000) 22,867 29,583 30,418 37,252 8,528 12,742 17,537 23,963 5,845 8,849

HONG KONG $HKD 28,900 33,400 35,100 42,800 8,800 10,400 17,100 23,800 14,800 18,700

JAKARTA RP ('000) 10,410 11,875 13,670 17,420 3,460 4,450 4,450 6,190 4,650 5,680

SHANGHAI RMB 9,400 12,000 12,600 16,600 2,050 3,000 3,900 6,450 4,000 5,150

SINGAPORE SGD 3,300 3,700 4,300 5,600 700 1,400 1,500 2,250 1,100 1,600

EUroPE

AMSTERDAM EUR 1,200 1,500 1,500 1,900 400 600 650 1,000 375 525

BRISTOL GBP 1,300 1,740 2,250 3,000 400 800 925 1,440 360 650

DUBLIN EUR 1,340 1,440 2,000 2,200 400 500 600 1,000 400 560

LONDON GBP 1,706 2,191 2,526 3,400 410 820 1,090 1,760 443 799

MANCHESTER GBP 1,292 1,719 2,042 2,793 323 646 875 1,396 354 646

PARIS EUR N/P N/P 4,008 4,436 N/P N/P 880 N/P N/P 2,105

MiddlE East

ABU DHABI AED 6,000 8,500 9,000 12,000 1,800 3,600 2,850 4,500 1,500 2,700

DUBAI AED 6,000 8,500 9,000 12,500 2,300 3,600 3,100 4,500 1,850 2,900

DOHA QAR 7,500 8,500 11,500 14,500 N/P N/P 2,750 4,500 N/P N/P

ocEania

ADELAIDE AUD 2,500 3,400 3,500 4,400 600 900 1,300 1,900 625 1,100

AUCKLAND NZD 2,950 3,600 3,600 4,200 550 800 1,200 1,800 475 800

BRISBANE AUD 2,800 4,000 4,000 5,500 700 1,100 1,600 2,100 600 1,100

CANBERRA AUD 2,861 3,995 3,933 4,849 729 1,009 978 1,395 676 1,051

CHRISTCHURCH NZD 3,000 3,300 3,700 4,200 850 1,350 1,750 2,200 720 1,100

DARWIN AUD 2,800 3,500 3,550 4,400 750 1,250 1,170 1,530 780 1,400

GOLD COAST AUD 2,600 4,000 3,400 5,500 700 1,100 1,500 2,050 600 1,100

MELBOURNE AUD 3,050 3,500 3,450 4,500 655 1,060 1,110 1,365 555 1,100

PERTH AUD 2,645 3,635 3,600 4,430 750 1,000 1,850 3,100 550 1,020

SYDNEY AUD 2,850 3,600 4,050 5,350 700 1,050 1,000 1,600 670 1,050

WELLINGTON NZD 2,310 2,730 3,400 4,100 500 900 1,890 2,730 900 1,400

All costs are stated in local currency as shown below, as at Fourth Quarter 2015.


intErnational constrUction BUildinG costs

N/P: Not published


location /citylocal

cUrrEncy


hotEls car ParKinG indUstrial WarEhoUsE3 star 5 star MUlti storEy BasEMEnt


aMEricas

BAHAMAS USD 1,530 4,885 2,725 7,070 N/P N/P N/P N/P 1,530 4,885

BOSTON USD 1,720 2,690 2,690 4,305 645 970 860 1,185 755 1,075

DENVER USD 1,130 1,775 1,990 3,015 430 755 645 1,025 700 1,185

HONOLULU USD 3,120 5,220 4,950 7,160 915 1,345 1,290 2,530 1,345 2,155

LAS VEGAS USD 1,290 2,420 3,500 5,005 540 915 645 1,615 540 1,075

LOS ANGELES USD 2,155 2,960 3,230 4,845 1,025 1,240 1,185 1,670 1,025 1,720

NEW YORK USD 1,990 2,850 3,445 5,115 700 1,130 915 1,345 970 1,400

PHOENIx USD 1,505 1,940 2,475 4,305 430 700 645 1,075 590 1,075

SEATTLE USD 1,505 1,940 1,990 2,960 700 915 915 1,345 805 1,185

asia

BEIJING RMB 9,700 12,450 13,000 17,200 2,250 3,050 3,750 6,550 4,350 5,500

GUANGZHOU RMB 9,600 11,700 13,000 16,800 2,100 3,000 3,700 6,400 4,150 5,150

HO CHI MINH CITY VND ('000) 22,867 29,583 30,418 37,252 8,528 12,742 17,537 23,963 5,845 8,849

HONG KONG $HKD 28,900 33,400 35,100 42,800 8,800 10,400 17,100 23,800 14,800 18,700

JAKARTA RP ('000) 10,410 11,875 13,670 17,420 3,460 4,450 4,450 6,190 4,650 5,680

SHANGHAI RMB 9,400 12,000 12,600 16,600 2,050 3,000 3,900 6,450 4,000 5,150

SINGAPORE SGD 3,300 3,700 4,300 5,600 700 1,400 1,500 2,250 1,100 1,600

EUroPE

AMSTERDAM EUR 1,200 1,500 1,500 1,900 400 600 650 1,000 375 525

BRISTOL GBP 1,300 1,740 2,250 3,000 400 800 925 1,440 360 650

DUBLIN EUR 1,340 1,440 2,000 2,200 400 500 600 1,000 400 560

LONDON GBP 1,706 2,191 2,526 3,400 410 820 1,090 1,760 443 799

MANCHESTER GBP 1,292 1,719 2,042 2,793 323 646 875 1,396 354 646

PARIS EUR N/P N/P 4,008 4,436 N/P N/P 880 N/P N/P 2,105

MiddlE East

ABU DHABI AED 6,000 8,500 9,000 12,000 1,800 3,600 2,850 4,500 1,500 2,700

DUBAI AED 6,000 8,500 9,000 12,500 2,300 3,600 3,100 4,500 1,850 2,900

DOHA QAR 7,500 8,500 11,500 14,500 N/P N/P 2,750 4,500 N/P N/P

ocEania

ADELAIDE AUD 2,500 3,400 3,500 4,400 600 900 1,300 1,900 625 1,100

AUCKLAND NZD 2,950 3,600 3,600 4,200 550 800 1,200 1,800 475 800

BRISBANE AUD 2,800 4,000 4,000 5,500 700 1,100 1,600 2,100 600 1,100

CANBERRA AUD 2,861 3,995 3,933 4,849 729 1,009 978 1,395 676 1,051

CHRISTCHURCH NZD 3,000 3,300 3,700 4,200 850 1,350 1,750 2,200 720 1,100

DARWIN AUD 2,800 3,500 3,550 4,400 750 1,250 1,170 1,530 780 1,400

GOLD COAST AUD 2,600 4,000 3,400 5,500 700 1,100 1,500 2,050 600 1,100

MELBOURNE AUD 3,050 3,500 3,450 4,500 655 1,060 1,110 1,365 555 1,100

PERTH AUD 2,645 3,635 3,600 4,430 750 1,000 1,850 3,100 550 1,020

SYDNEY AUD 2,850 3,600 4,050 5,350 700 1,050 1,000 1,600 670 1,050

WELLINGTON NZD 2,310 2,730 3,400 4,100 500 900 1,890 2,730 900 1,400

The following data represents estimates of current building costs in the respective market. Costs may vary as a consequence of factors such as site conditions, climatic conditions, standards of specification, market conditions etc.

Rates are in national currency per square metre of Gross Floor Area except as follows:

chinese cities, hong Kong and Macau: Rates are per square metre of Construction Floor Area, measured to outer face of external walls.

singapore, ho chi Minh city, Jakarta and Kuala lumpur: Rates are per square metre of Construction Floor Area, measured to outer face of external walls and inclusive of covered basement and above ground parking areas.

chinese cities, hong Kong, Macau and singapore: All hotel rates are inclusive of Furniture Fittings and Equipment (FF&E).


2013 2014 2015 (f)

2016 (f)

2017 (f)

2018 (f)

africa CAPE TOWN N/P 5.0 6.0 7.0 8.0 4.8JOHANNESBURG N/P 8.3 7.2 7.5 8.0 4.8PRETORIA N/P 8.3 7.2 7.5 8.0 4.8aMEricas BOSTON 5.2 4.7 4.1 4.8 4.1 4.1CHICAGO 4.7 4.9 4.9 4.6 4.1 4.1HONOLULU 7.7 13.3 11.2 7.2 5.1 4.1LAS VEGAS 0.9 3.6 4.4 5.9 4.6 4.1LOS ANGELES 1.8 4.9 4.6 5.4 4.1 4.1NEW YORK 5.9 4.4 3.6 4.6 4.1 4.1PHOENIx 2.5 3.7 4.2 5.4 4.3 4.1SEATTLE 3.5 4.5 5.0 4.6 4.1 4.1WASHINGTON 5.4 5.5 4.7 4.3 4.1 4.1asia BEIJING 1.0 2.0 (0.0) 2.0 2.0 2.0GUANGZHOU 4.1 3.0 (2.0) 2.0 2.0 2.0HONG KONG 9.0 8.2 7.2 6.1 3.0 3.0MACAU 9.3 10.4 7.2 4.1 3.0 3.0SEOUL 2.4 1.1 0.4 1.5 1.7 1.8SHANGHAI 2.0 (1.0) (2.5) 3.0 2.0 2.0SINGAPORE 4.5 1.5 1.5 N/P N/P N/PEUroPE BERLIN N/P 1.8 2.2 2.0 2.0 2.0BIRMINGHAM 8.0 7.1 4.0 5.0 5.0 5.5BRISTOL 6.3 7.1 4.5 5.0 5.0 5.5DUBLIN 4.0 5.0 8.0 9.0 9.0 9.0LONDON 3.4 5.0 5.9 5.0 4.5 4.0WOKINGHAM 5.9 6.4 5.1 4.1 3.8 3.0MADRID N/P 0.0 (0.0) 0.1 0.8 0.1MANCHESTER 6.3 7.1 4.0 5.0 5.0 5.5MOSCOW N/P 0.0 (5.0) 0.0 1.0 1.5MiddlE East ABU DHABI 3.2 3.3 4.7 5.7 6.1 7.3DOHA 3.2 4.5 5.0 5.5 6.0 7.0DUBAI 3.2 3.7 4.6 3.1 2.5 2.9RIYADH 4.4 5.0 4.8 5.0 5.0 5.0ocEania ADELAIDE 0.9 0.6 0.8 2.5 3.0 3.0AUCKLAND 0.8 4.1 5.6 6.0 4.1 3.0BRISBANE (0.9) 5.1 5.9 5.1 4.1 4.1CANBERRA 2.2 1.6 2.0 2.2 3.0 3.0CHRISTCHURCH 5.1 6.0 6.0 6.0 5.0 5.0DARWIN 3.0 1.8 1.0 1.5 1.8 2.3GOLD COAST 0.0 4.1 5.9 6.0 5.0 4.0MELBOURNE 0.2 1.5 2.0 2.0 3.0 3.0PERTH 1.1 0.8 0.8 2.1 3.0 3.0SYDNEY 2.0 3.0 4.5 4.8 4.0 3.5TOWNSVILLE 1.3 2.0 3.0 3.0 4.0 4.0WELLINGTON 2.0 3.4 3.0 3.0 3.0 3.0

N/P: Not published

intErnational constrUction Escalation

All indices are stated as annual percentage changes, as at Fourth Quarter 2015.


rlB tEndEr PricE indEX

AUSTRALIAN CONSTRUCTION

16 Building Costs

20 Building Services Costs

24 Tender Price Index

26 Tender Price Index Trends

27 Relativities Matrix

28 2015 RDO Calendar

30 Regional Indices

31 Definitions


constrUction ratEs

The following range of current building costs could be expected should tenders be called in the respective city. Items specifically included are those normally contained in a Building Contract.

Specific exclusions:

• Goods & Services Tax (GST)

• Land

• Legal and professional fees

• Loose furniture and fittings

• Site works and drainage

• Subdivisional partitions in office buildings

• Telstra and private telephone systems (PABx)

• Tenancy works

aUstralian constrUctionBUildinG costs

city adElaidE BrisBanE canBErra darWin MElBoUrnE PErth sydnEy

cost ranGE PEr Gross floor arEa

$/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2

loW hiGh loW hiGh loW hiGh loW hiGh loW hiGh loW hiGh loW hiGh

officE BUildinGs

Prestige, cBd

10 TO 25 STOREYS (75-80% EFFICIENCY) 2,600 3,500 2,600 3,500 3,194 3,880 3,000 3,900 3,000 3,385 3,150 4,080 3,250 3,700


40 TO 55 STOREYS (68-73% EFFICIENCY) - - 2,900 4,000 - - - - 3,335 3,750 3,735 4,770 4,150 4,600

investment, cBd

UP TO 10 STOREYS (81-85% EFFICIENCY) 2,100 2,650 2,000 2,400 2,590 3,028 2,350 3,400 2,325 2,750 2,575 3,315 2,400 2,800


25 TO 40 STOREYS (71-76% EFFICIENCY) 2,550 3,250 2,400 3,000 2,757 3,267 - - 2,500 2,900 2,775 3,740 3,000 3,450

investment, other than cBd

WALK UP (83-87% EFFICIENCY) 1,750 2,250 1,400 1,900 1,383 1,894 2,180 2,790 1,225 1,700 2,300 3,100 1,900 2,250


10 TO 25 STOREYS (77-82% EFFICIENCY) - - 2,000 2,600 2,081 2,653 2,500 3,400 1,900 2,500 2,900 3,600 2,400 3,050

hotEls

Multi-storey

FIVE STAR 3,500 4,400 4,000 5,500 3,933 4,849 3,550 4,400 3,450 4,500 3,600 4,430 4,050 5,350

FOUR STAR 3,000 4,100 3,400 4,500 3,381 4,599 3,300 4,000 3,250 4,200 3,105 4,035 3,400 4,700

THREE STAR 2,500 3,400 2,800 4,000 2,861 3,995 2,800 3,500 3,050 3,500 2,645 3,635 2,850 3,600

car ParK

OPEN DECK MULTI-STOREY 600 900 700 1,100 729 1,009 750 1,250 655 1,060 750 1,000 700 1,050

BASEMENT: CBD 1,300 1,900 1,600 2,100 978 1,395 1,170 1,530 1,110 1,365 1,850 3,100 1,000 1,600

BASEMENT: OTHER THAN CBD 900 1,750 1,100 1,800 957 1,395 1,040 1,520 1,060 1,450 1,400 2,800 1,000 1,500

UNDERCROFT: OTHER THAN CBD 575 875 500 750 729 905 720 1,020 710 860 900 1,350 - -

indUstrial BUildinGs

6.00m to underside of truss and 4,500 M2 Gross floor area with:

ZINCALUME METAL CLADDING 625 1,000 600 900 676 697 780 1,370 555 960 625 815 670 820

PRECAST CONCRETE CLADDING 725 1,100 800 1,100 781 1,051 820 1,400 655 1,100 705 1,020 730 1,050

attached air conditioned offices

200 M2 1,550 2,100 1,600 2,000 1,613 2,071 1,670 2,380 1,475 1,900 1,450 2,110 1,800 2,350

400 M2 1,550 2,100 1,600 1,900 1,540 1,998 1,670 2,380 1,425 1,850 1,405 1,995 1,850 2,500


notEsi Car Parking costs have been excluded to arrive at the various building rates.

ii Refer to Page 31 for definitions.

ii The percentages shown against each building may be used to calculate the rate per Net Lettable Area.

Example: the NLA rate for a Premium Office CBD 10 to 25 Storeys would be calculated NLA rate = $/m2 ÷ the efficiency percentage.




$/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2


officE BUildinGs

Prestige, cBd



40 TO 55 STOREYS (68-73% EFFICIENCY) - - 2,900 4,000 - - - - 3,335 3,750 3,735 4,770 4,150 4,600

investment, cBd



25 TO 40 STOREYS (71-76% EFFICIENCY) 2,550 3,250 2,400 3,000 2,757 3,267 - - 2,500 2,900 2,775 3,740 3,000 3,450

investment, other than cBd

WALK UP (83-87% EFFICIENCY) 1,750 2,250 1,400 1,900 1,383 1,894 2,180 2,790 1,225 1,700 2,300 3,100 1,900 2,250


10 TO 25 STOREYS (77-82% EFFICIENCY) - - 2,000 2,600 2,081 2,653 2,500 3,400 1,900 2,500 2,900 3,600 2,400 3,050

hotEls

Multi-storey

FIVE STAR 3,500 4,400 4,000 5,500 3,933 4,849 3,550 4,400 3,450 4,500 3,600 4,430 4,050 5,350

FOUR STAR 3,000 4,100 3,400 4,500 3,381 4,599 3,300 4,000 3,250 4,200 3,105 4,035 3,400 4,700

THREE STAR 2,500 3,400 2,800 4,000 2,861 3,995 2,800 3,500 3,050 3,500 2,645 3,635 2,850 3,600

car ParK

OPEN DECK MULTI-STOREY 600 900 700 1,100 729 1,009 750 1,250 655 1,060 750 1,000 700 1,050

BASEMENT: CBD 1,300 1,900 1,600 2,100 978 1,395 1,170 1,530 1,110 1,365 1,850 3,100 1,000 1,600

BASEMENT: OTHER THAN CBD 900 1,750 1,100 1,800 957 1,395 1,040 1,520 1,060 1,450 1,400 2,800 1,000 1,500

UNDERCROFT: OTHER THAN CBD 575 875 500 750 729 905 720 1,020 710 860 900 1,350 - -



ZINCALUME METAL CLADDING 625 1,000 600 900 676 697 780 1,370 555 960 625 815 670 820

PRECAST CONCRETE CLADDING 725 1,100 800 1,100 781 1,051 820 1,400 655 1,100 705 1,020 730 1,050


200 M2 1,550 2,100 1,600 2,000 1,613 2,071 1,670 2,380 1,475 1,900 1,450 2,110 1,800 2,350

400 M2 1,550 2,100 1,600 1,900 1,540 1,998 1,670 2,380 1,425 1,850 1,405 1,995 1,850 2,500


aUstralian constrUctionBUildinG costsN.B. All costs current as at Fourth Quarter 2015.



$/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2


aGEd carE

SINGLE STOREY FACILITY 2,075 2,650 2,100 2,800 1,946 2,632 2,350 3,450 1,750 2,375 2,200 2,625 2,400 3,100

PrivatE hosPitals

low rise hospital

45-60 M2 GFA/BED 3,550 5,500 3,800 4,800 4,055 5,486 3,800 4,400 2,600 3,050 2,780 3,425 2,600 3,250

55-80 M2 GFA/BED WITH MAJOR OPERATING THEATRE

3,850 5,800 4,700 6,300 4,461 6,035 4,300 5,300 2,900 3,500 3,145 4,220 3,300 4,300

cinEMas

GROUP COMPLEx, 2,000 - 4,000 SEATS. (WARM SHELL)

2,700 3,650 2,400 3,400 2,840 3,173 2,680 3,400 2,325 2,600 2,535 2,995 3,000 4,100

rEGional shoPPinG cEntrEs

DEPARTMENT STORE 1,350 2,250 1,600 2,100 2,237 2,455 1,680 2,350 1,925 2,325 1,195 1,655 1,400 1,950

SUPERMARKET/VARIETY STORE 1,300 1,750 1,500 1,900 1,363 1,852 1,750 2,400 1,215 1,800 1,355 1,700 1,350 2,600

DISCOUNT DEPARTMENT STORE 1,100 1,350 1,300 1,700 1,238 1,457 1,600 2,200 1,150 1,600 1,995 2,870 1,200 1,450

MALLS 1,550 2,850 2,300 3,100 2,195 3,080 1,700 2,550 2,025 3,000 2,300 2,800 1,800 3,750

SPECIALITY SHOPS 975 1,650 1,100 1,500 1,145 1,540 1,400 2,000 1,060 1,500 1,010 1,445 1,550 2,300

sMall shoPs and shoWrooMs 1,300 1,825 1,100 1,600 1,175 1,936 1,200 2,050 1,060 1,550 1,025 2,565 1,400 1,800

rEsidEntial

SINGLE AND DOUBLE STOREY DWELLINGS. (CUSTOM BUILT)

1,550 3,400 1,700 3,400 1,530 2,507 1,750 2,750 1,365 2,700 1,420 2,263 1,550 4,350

rEsidEntial Units

WALK-UP 85 TO 120 M2/UNIT 1,650 2,750 1,500 3,200 1,633 3,277 1,970 2,370 1,465 3,050 1,745 2,803 - -

TOWNHOUSES 90 TO 120 M2/UNIT 1,700 2,600 1,500 2,700 1,633 3,194 1,970 2,370 1,415 2,650 1,585 2,613 - -

MUlti-storEy Units

Up to 10 storeys with lift

UNITS 60-70 M2 2,350 3,450 2,100 2,900 2,705 3,319 2,030 2,430 2,225 2,850 2,280 2,975 2,600 3,300

UNITS 90-120 M2 2,250 3,350 2,000 2,700 2,653 3,267 2,010 2,400 2,200 2,900 2,230 2,880 2,350 3,050

over 10 and up to 20 storey

UNITS 60-70 M2 2,450 3,550 2,400 2,900 2,923 3,537 2,100 2,520 2,530 3,235 2,725 3,375 2,750 3,600

UNITS 90-120 M2 2,400 3,450 2,400 2,800 2,861 3,537 2,050 2,480 2,500 3,250 2,655 3,275 2,600 3,400


UNITS 60-70 M2 2,750 3,500 2,400 3,200 3,371 3,850 2,340 2,650 3,000 3,500 3,405 3,830 3,550 4,350

UNITS 90-120 M2 2,700 3,450 2,300 3,000 3,267 3,642 2,280 2,580 2,800 3,400 3,335 3,780 3,400 4,000


UNITS 60-70 M2 - - 2,900 3,700 - - - - 3,350 4,000 3,810 4,475 4,100 4,950

UNITS 90-120 M2 - - 2,800 3,500 - - - - 3,200 3,900 3,665 4,395 4,000 4,850


Building Costs include Building Works and Building Services




$/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2


aGEd carE

SINGLE STOREY FACILITY 2,075 2,650 2,100 2,800 1,946 2,632 2,350 3,450 1,750 2,375 2,200 2,625 2,400 3,100

PrivatE hosPitals

low rise hospital

45-60 M2 GFA/BED 3,550 5,500 3,800 4,800 4,055 5,486 3,800 4,400 2,600 3,050 2,780 3,425 2,600 3,250


3,850 5,800 4,700 6,300 4,461 6,035 4,300 5,300 2,900 3,500 3,145 4,220 3,300 4,300

cinEMas


2,700 3,650 2,400 3,400 2,840 3,173 2,680 3,400 2,325 2,600 2,535 2,995 3,000 4,100


DEPARTMENT STORE 1,350 2,250 1,600 2,100 2,237 2,455 1,680 2,350 1,925 2,325 1,195 1,655 1,400 1,950

SUPERMARKET/VARIETY STORE 1,300 1,750 1,500 1,900 1,363 1,852 1,750 2,400 1,215 1,800 1,355 1,700 1,350 2,600

DISCOUNT DEPARTMENT STORE 1,100 1,350 1,300 1,700 1,238 1,457 1,600 2,200 1,150 1,600 1,995 2,870 1,200 1,450

MALLS 1,550 2,850 2,300 3,100 2,195 3,080 1,700 2,550 2,025 3,000 2,300 2,800 1,800 3,750

SPECIALITY SHOPS 975 1,650 1,100 1,500 1,145 1,540 1,400 2,000 1,060 1,500 1,010 1,445 1,550 2,300

sMall shoPs and shoWrooMs 1,300 1,825 1,100 1,600 1,175 1,936 1,200 2,050 1,060 1,550 1,025 2,565 1,400 1,800

rEsidEntial


1,550 3,400 1,700 3,400 1,530 2,507 1,750 2,750 1,365 2,700 1,420 2,263 1,550 4,350

rEsidEntial Units

WALK-UP 85 TO 120 M2/UNIT 1,650 2,750 1,500 3,200 1,633 3,277 1,970 2,370 1,465 3,050 1,745 2,803 - -

TOWNHOUSES 90 TO 120 M2/UNIT 1,700 2,600 1,500 2,700 1,633 3,194 1,970 2,370 1,415 2,650 1,585 2,613 - -

MUlti-storEy Units


UNITS 60-70 M2 2,350 3,450 2,100 2,900 2,705 3,319 2,030 2,430 2,225 2,850 2,280 2,975 2,600 3,300

UNITS 90-120 M2 2,250 3,350 2,000 2,700 2,653 3,267 2,010 2,400 2,200 2,900 2,230 2,880 2,350 3,050


UNITS 60-70 M2 2,450 3,550 2,400 2,900 2,923 3,537 2,100 2,520 2,530 3,235 2,725 3,375 2,750 3,600

UNITS 90-120 M2 2,400 3,450 2,400 2,800 2,861 3,537 2,050 2,480 2,500 3,250 2,655 3,275 2,600 3,400


UNITS 60-70 M2 2,750 3,500 2,400 3,200 3,371 3,850 2,340 2,650 3,000 3,500 3,405 3,830 3,550 4,350

UNITS 90-120 M2 2,700 3,450 2,300 3,000 3,267 3,642 2,280 2,580 2,800 3,400 3,335 3,780 3,400 4,000


UNITS 60-70 M2 - - 2,900 3,700 - - - - 3,350 4,000 3,810 4,475 4,100 4,950

UNITS 90-120 M2 - - 2,800 3,500 - - - - 3,200 3,900 3,665 4,395 4,000 4,850


aUstralian constrUctionBUildinG sErvicEs cost

N.B. All costs current as at Fourth Quarter 2015.


adElaidE BrisBanE canBErra darWin MElBoUrnE PErth sydnEy

$/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2


officE BUildinGs

Prestige, cBd

10 TO 25 STOREYS (75-80% EFFICIENCY) 726 1,083 793 1,203 836 1,213 1,160 1,523 775 1,195 930 1,280 913 1,226

25 TO 40 STOREYS (70-75% EFFICIENCY) 778 1,186 883 1,320 887 1,315 1,246 1,594 917 1,270 965 1,340 1,078 1,317

40 TO 55 STOREYS (68-73% EFFICIENCY) - - 1,034 1,515 - - - - 970 1,360 985 1,395 1,204 1,354

investment, cBd

UP TO 10 STOREYS (81-85% EFFICIENCY) 710 967 710 935 693 1,111 911 1,321 590 1,015 695 1,085 622 881

10 TO 25 STOREYS (76-81% EFFICIENCY) 713 1,019 761 1,029 734 1,111 983 1,445 655 1,085 720 1,125 739 964

25 TO 40 STOREYS (71-76% EFFICIENCY) 733 1,066 805 1,173 734 1,162 0 0 725 1,135 755 1,150 819 1,060

invEstMEnt, othEr than cBd

WALK UP (83-87% EFFICIENCY) 383 559 488 601 438 601 841 1,082 420 660 420 600 424 611

UP TO 10 STOREYS (82-86% EFFICIENCY) 529 755 649 906 581 836 882 1,281 510 823 565 820 612 847

10 TO 25 STOREYS (77-82% EFFICIENCY) - - 721 1,038 642 948 971 1,326 560 935 660 920 746 977

hotEls

Multi-storey

FIVE STAR 1,008 1,416 1,057 1,471 1,191 1,620 1,394 1,753 1,025 1,520 1,150 1,545 1,079 1,386

FOUR STAR 905 1,241 1,040 1,436 1,087 1,453 1,272 1,539 845 1,360 1,040 1,430 956 1,288

THREE STAR 853 1,040 912 1,298 857 1,244 1,122 1,386 770 1,225 825 1,235 813 1,074

car ParK

OPEN DECK MULTI-STOREY 127 259 114 251 162 263 201 363 93 274 135 285 57 144

BASEMENT: CBD 206 408 194 434 222 444 328 449 163 354 200 405 220 301

BASEMENT: OTHER THAN CBD 206 408 194 434 162 434 298 449 153 324 185 375 134 257

UNDERCROFT: OTHER THAN CBD 100 111 44 69 61 111 135 282 30 60 135 290 41 59



ZINCALUME METAL CLADDING 204 289 187 360 214 377 210 499 175 310 165 335 108 188

PRECAST CONCRETE CLADDING 204 330 187 360 214 366 225 518 175 310 175 355 108 190


200 M2 464 608 456 612 489 652 661 926 450 625 435 630 452 802

400 M2 457 601 456 612 489 590 661 926 450 830 435 595 452 815




$/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2


officE BUildinGs

Prestige, cBd

10 TO 25 STOREYS (75-80% EFFICIENCY) 726 1,083 793 1,203 836 1,213 1,160 1,523 775 1,195 930 1,280 913 1,226

25 TO 40 STOREYS (70-75% EFFICIENCY) 778 1,186 883 1,320 887 1,315 1,246 1,594 917 1,270 965 1,340 1,078 1,317

40 TO 55 STOREYS (68-73% EFFICIENCY) - - 1,034 1,515 - - - - 970 1,360 985 1,395 1,204 1,354

investment, cBd

UP TO 10 STOREYS (81-85% EFFICIENCY) 710 967 710 935 693 1,111 911 1,321 590 1,015 695 1,085 622 881

10 TO 25 STOREYS (76-81% EFFICIENCY) 713 1,019 761 1,029 734 1,111 983 1,445 655 1,085 720 1,125 739 964

25 TO 40 STOREYS (71-76% EFFICIENCY) 733 1,066 805 1,173 734 1,162 0 0 725 1,135 755 1,150 819 1,060

invEstMEnt, othEr than cBd

WALK UP (83-87% EFFICIENCY) 383 559 488 601 438 601 841 1,082 420 660 420 600 424 611

UP TO 10 STOREYS (82-86% EFFICIENCY) 529 755 649 906 581 836 882 1,281 510 823 565 820 612 847

10 TO 25 STOREYS (77-82% EFFICIENCY) - - 721 1,038 642 948 971 1,326 560 935 660 920 746 977

hotEls

Multi-storey

FIVE STAR 1,008 1,416 1,057 1,471 1,191 1,620 1,394 1,753 1,025 1,520 1,150 1,545 1,079 1,386

FOUR STAR 905 1,241 1,040 1,436 1,087 1,453 1,272 1,539 845 1,360 1,040 1,430 956 1,288

THREE STAR 853 1,040 912 1,298 857 1,244 1,122 1,386 770 1,225 825 1,235 813 1,074

car ParK

OPEN DECK MULTI-STOREY 127 259 114 251 162 263 201 363 93 274 135 285 57 144

BASEMENT: CBD 206 408 194 434 222 444 328 449 163 354 200 405 220 301

BASEMENT: OTHER THAN CBD 206 408 194 434 162 434 298 449 153 324 185 375 134 257

UNDERCROFT: OTHER THAN CBD 100 111 44 69 61 111 135 282 30 60 135 290 41 59



ZINCALUME METAL CLADDING 204 289 187 360 214 377 210 499 175 310 165 335 108 188

PRECAST CONCRETE CLADDING 204 330 187 360 214 366 225 518 175 310 175 355 108 190


200 M2 464 608 456 612 489 652 661 926 450 625 435 630 452 802

400 M2 457 601 456 612 489 590 661 926 450 830 435 595 452 815

BUildinG sErvicEs costs inclUdE:

Building Management

Electrical

Fire Protection

Hydraulic

Mechanical

Special Equipment

Vertical Transport

Refer to page 34 to 37 for detailed services costs.




$/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2


aGEd carE

SINGLE STOREY FACILITY 415 677 488 794 396 739 883 1,322 450 1,055 680 1,180 356 668

PrivatE hosPitals

low rise hospital

45-60 M2 GFA/BED 1,197 1,459 901 1,600 1,035 1,366 1,433 1,680 954 1,433 1,080 1,410 920 1,212


1,404 1,870 1,385 2,060 1,259 1,803 1,580 1,981 1,157 1,925 1,335 1,825 1,235 1,767

cinEMas


768 1,037 575 935 752 905 1,013 1,278 600 880 680 910 896 1,329


DEPARTMENT STORE 402 697 507 796 706 812 642 877 510 787 600 825 448 624

SUPERMARKET/VARIETY STORE 417 652 512 787 443 664 662 920 405 750 480 655 450 627

DISCOUNT DEPARTMENT STORE 424 595 487 652 443 601 602 840 355 650 495 625 423 565

MALLS 508 773 577 857 548 812 577 918 470 875 - - 480 774

SPECIALITY SHOPS 292 558 460 655 390 611 519 762 325 655 350 590 463 698

sMall shoPs and shoWrooMs 396 620 315 595 233 634 417 760 211 626 225 570 312 509

rEsidEntial


243 536 243 569 224 499 336 649 200 610 190 463 174 661

rEsidEntial Units

WALK-UP 85 TO 120 M2/UNIT 204 463 229 454 223 627 400 574 200 550 195 483 196 621

TOWNHOUSES 90 TO 120 M2/UNIT 207 471 229 445 117 627 400 574 200 530 195 483 168 588

MUlti-storEy Units


UNITS 60-70 M2 460 726 432 823 521 846 654 851 475 842 495 860 568 823

UNITS 90-120 M2 439 681 417 792 521 792 620 809 470 812 485 830 535 799


UNITS 60-70 M2 465 786 522 822 564 846 648 846 505 866 560 855 650 890

UNITS 90-120 M2 452 772 498 784 564 933 636 829 500 836 550 825 620 816


UNITS 60-70 M2 510 886 593 937 674 957 712 875 580 949 655 945 693 1,017

UNITS 90-120 M2 496 858 572 898 630 957 696 855 565 861 635 925 682 957


UNITS 60-70 M2 - - 786 1,051 - - - - 750 1,167 865 1,100 914 1,218

UNITS 90-120 M2 - - 731 1,000 - - - - 700 1,117 845 1,085 891 1,208

aUstralian constrUctionBUildinG sErvicEs cost

N.B. All costs current as at Fourth Quarter 2015.




$/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2


aGEd carE

SINGLE STOREY FACILITY 415 677 488 794 396 739 883 1,322 450 1,055 680 1,180 356 668

PrivatE hosPitals

low rise hospital

45-60 M2 GFA/BED 1,197 1,459 901 1,600 1,035 1,366 1,433 1,680 954 1,433 1,080 1,410 920 1,212


1,404 1,870 1,385 2,060 1,259 1,803 1,580 1,981 1,157 1,925 1,335 1,825 1,235 1,767

cinEMas


768 1,037 575 935 752 905 1,013 1,278 600 880 680 910 896 1,329


DEPARTMENT STORE 402 697 507 796 706 812 642 877 510 787 600 825 448 624

SUPERMARKET/VARIETY STORE 417 652 512 787 443 664 662 920 405 750 480 655 450 627

DISCOUNT DEPARTMENT STORE 424 595 487 652 443 601 602 840 355 650 495 625 423 565

MALLS 508 773 577 857 548 812 577 918 470 875 - - 480 774

SPECIALITY SHOPS 292 558 460 655 390 611 519 762 325 655 350 590 463 698

sMall shoPs and shoWrooMs 396 620 315 595 233 634 417 760 211 626 225 570 312 509

rEsidEntial


243 536 243 569 224 499 336 649 200 610 190 463 174 661

rEsidEntial Units

WALK-UP 85 TO 120 M2/UNIT 204 463 229 454 223 627 400 574 200 550 195 483 196 621

TOWNHOUSES 90 TO 120 M2/UNIT 207 471 229 445 117 627 400 574 200 530 195 483 168 588

MUlti-storEy Units


UNITS 60-70 M2 460 726 432 823 521 846 654 851 475 842 495 860 568 823

UNITS 90-120 M2 439 681 417 792 521 792 620 809 470 812 485 830 535 799


UNITS 60-70 M2 465 786 522 822 564 846 648 846 505 866 560 855 650 890

UNITS 90-120 M2 452 772 498 784 564 933 636 829 500 836 550 825 620 816


UNITS 60-70 M2 510 886 593 937 674 957 712 875 580 949 655 945 693 1,017

UNITS 90-120 M2 496 858 572 898 630 957 696 855 565 861 635 925 682 957


UNITS 60-70 M2 - - 786 1,051 - - - - 750 1,167 865 1,100 914 1,218

UNITS 90-120 M2 - - 731 1,000 - - - - 700 1,117 845 1,085 891 1,208


aUstralian constrUctionrlB tEndEr PricE indEX

datE adElaidE BrisBanE canBErra darWin MElBoUrnE PErth sydnEy

tPi cPi tPi cPi tPi cPi tPi cPi tPi cPi tPi cPi tPi cPi

DEC. 72 11.7 11.7 12.7 12.7 13.8 13.8 14.8 14.8 14.5 14.5

DEC. 73 14.7 13.3 15.6 14.5 15.3 15.7 17.0 16.4 16.2 16.4

DEC. 74 19.3 15.6 19.8 16.7 19.4 18.2 21.6 19.2 21.4 19.1

DEC. 75 22.6 17.7 20.6 19.1 22.6 20.9 26.3 22.0 24.6 21.7

DEC. 76 26.6 20.7 21.8 21.8 25.4 23.9 30.5 25.7 25.7 24.5

DEC. 77 28.9 22.7 23.6 23.7 27.7 26.2 34.2 28.6 27.7 26.5

DEC. 78 30.6 24.2 24.4 25.8 24.4 24.4 29.4 28.2 35.7 30.6 29.3 28.7

DEC. 79 32.6 26.7 26.9 28.1 26.7 26.9 32.3 31.0 36.0 33.5 32.5 31.7

DEC. 80 35.8 29.0 36.2 30.6 30.2 29.6 35.5 33.9 38.4 36.3 37.3 34.7

DEC. 81 40.5 32.3 41.0 34.2 34.9 32.9 39.6 37.8 43.9 40.8 43.6 38.6

DEC. 82 45.7 35.8 46.2 37.8 40.7 36.9 44.4 41.7 51.3 44.8 46.9 43.2

DEC. 83 48.5 39.1 49.5 40.9 45.2 39.8 47.3 45.7 53.4 48.6 49.7 46.4

DEC. 84 51.1 40.4 51.6 42.4 47.9 41.1 52.0 46.8 56.0 49.5 52.6 47.5

DEC. 85 55.6 43.8 54.3 45.7 53.9 44.7 58.5 50.7 65.8 53.6 60.6 51.5

DEC. 86 59.7 47.9 56.5 49.8 59.3 48.6 63.4 55.9 72.6 59.1 67.2 56.5

DEC. 87 65.0 51.1 60.4 53.3 63.3 51.8 69.3 59.8 76.5 63.2 74.1 60.5

DEC. 88 70.1 54.6 65.4 57.0 68.5 55.4 74.9 63.9 81.7 68.0 80.6 66.1

DEC. 89 75.4 58.6 60.5 61.4 70.9 59.5 81.9 69.2 89.5 73.3 86.8 71.0

DEC. 90 79.6 63.1 55.2 65.2 73.7 63.5 82.6 74.4 92.1 78.8 84.1 75.5

DEC. 91 79.7 64.3 53.3 66.3 65.8 64.6 76.7 75.6 91.2 78.6 75.1 76.6

DEC. 92 78.7 65.4 55.2 66.9 62.6 65.3 74.8 75.5 91.2 78.6 71.4 76.9

DEC. 93 81.2 66.6 57.5 68.1 76.0 66.7 77.0 77.4 91.2 80.5 72.5 77.9

DEC. 94 83.5 68.6 62.3 70.3 78.1 68.2 78.3 79.0 92.1 82.2 75.4 80.0

DEC. 95 84.7 71.6 65.5 73.4 82.6 71.9 79.8 82.7 93.0 86.2 79.1 84.7

DEC. 96 86.1 72.5 68.4 74.6 84.1 72.7 82.0 83.7 95.0 87.8 83.8 86.1

DEC. 97 86.8 71.6 71.7 75.1 83.9 71.8 84.1 83.7 97.2 87.1 89.7 86.0

DEC. 98 87.1 73.0 75.6 76.0 85.5 72.8 86.8 84.4 99.3 89.1 96.1 87.6

DEC. 99 87.0 74.3 78.2 76.7 87.1 74.0 88.0 89.4 86.1 101.9 90.9 100.0 89.3

DEC. 00 88.2 78.3 78.3 81.4 92.5 78.6 89.8 93.8 91.3 102.6 95.5 99.9 94.6

DEC. 01 90.1 80.7 79.7 84.0 93.1 80.8 91.8 96.7 94.1 100.6 98.3 100.9 97.8

DEC. 02 94.6 83.7 87.5 86.5 97.5 83.4 93.7 93.7 104.6 97.0 103.8 101.1 103.9 100.5

DEC. 03 102.9 86.4 95.0 89.2 103.0 85.6 101.1 95.2 110.1 99.2 112.1 103.1 110.1 102.8

DEC. 04 112.4 88.6 106.8 91.4 110.4 87.6 113.2 97.1 114.7 101.5 124.5 106.2 117.8 105.5

DEC. 05 119.4 91.0 118.9 94.1 117.8 90.3 121.8 100.0 118.4 104.2 135.0 110.4 123.1 108.0

DEC. 06 126.2 93.9 129.3 97.3 125.0 93.2 132.7 105.0 122.2 107.2 147.2 115.2 128.7 111.5

DEC. 07 134.0 96.5 137.5 101.0 130.8 96.3 144.7 108.0 128.0 110.6 163.4 118.8 133.2 114.2

DEC. 08 142.5 100.0 127.1 105.4 134.9 99.9 159.1 112.0 129.6 114.1 159.9 123.2 139.2 118.4

DEC. 09 138.6 102.1 119.8 108.0 136.5 102.2 164.7 115.4 131.8 116.2 150.0 125.7 139.2 121.0

DEC. 10 142.5 104.7 119.0 111.3 141.0 104.4 168.0 118.1 137.4 119.8 147.6 129.0 140.6 123.9

DEC. 11 137.9 108.5 119.3 114.0 143.0 108.0 148.8 121.0 141.4 123.5 149.5 132.8 143.7 127.9

DEC. 12 138.1 110.8 119.3 116.5 142.1 109.9 151.8 124.1 141.4 126.1 146.1 135.6 145.4 131.1

DEC. 13 139.3 113.3 118.2 118.9 145.3 112.3 156.4 129.5 141.8 129.5 147.7 139.6 148.3 134.6

MAR. 14 140.0 114.0 118.8 119.8 146.0 112.9 157.5 130.6 142.3 130.1 148.5 140.5 149.4 135.3

JUN. 14 140.0 114.5 119.4 120.4 146.0 113.1 158.7 131.5 142.9 130.9 149.2 141.5 150.5 135.8

SEP. 14 140.1 114.9 120.6 121.1 146.9 113.5 159.9 131.7 143.4 131.1 149.9 142.2 151.6 136.6

DEC. 14 140.1 115.2 122.4 122.0 147.5 113.6 161.1 132.0 143.9 131.4 150.7 142.3 152.8 136.9

MAR. 15 140.5 115.3 125.8 122.0 148.2 113.5 159.5 131.7 144.6 131.5 148.9 142.5 154.5 137.5

JUN. 15 140.6 115.9 127.7 122.8 149.3 114.0 159.9 131.7 145.2 132.4 148.9 143.3 156.2 138.8

SEP. 15 140.9 116.2 129.6 123.6 149.9 114.2 160.3 132.2 146.0 133.0 149.6 143.8 157.9 139.2

DEC. 15 141.2 131.6 150.5 160.7 146.8 150.0 159.7


The following indices reflect the change in tender levels for buildings, other than housing, as compared with the consumer price index. The Tender Price Index figures take into account labour and material cost changes and market conditions.

datE adElaidE BrisBanE canBErra darWin MElBoUrnE PErth sydnEy

tPi cPi tPi cPi tPi cPi tPi cPi tPi cPi tPi cPi tPi cPi

DEC. 72 11.7 11.7 12.7 12.7 13.8 13.8 14.8 14.8 14.5 14.5

DEC. 73 14.7 13.3 15.6 14.5 15.3 15.7 17.0 16.4 16.2 16.4

DEC. 74 19.3 15.6 19.8 16.7 19.4 18.2 21.6 19.2 21.4 19.1

DEC. 75 22.6 17.7 20.6 19.1 22.6 20.9 26.3 22.0 24.6 21.7

DEC. 76 26.6 20.7 21.8 21.8 25.4 23.9 30.5 25.7 25.7 24.5

DEC. 77 28.9 22.7 23.6 23.7 27.7 26.2 34.2 28.6 27.7 26.5

DEC. 78 30.6 24.2 24.4 25.8 24.4 24.4 29.4 28.2 35.7 30.6 29.3 28.7

DEC. 79 32.6 26.7 26.9 28.1 26.7 26.9 32.3 31.0 36.0 33.5 32.5 31.7

DEC. 80 35.8 29.0 36.2 30.6 30.2 29.6 35.5 33.9 38.4 36.3 37.3 34.7

DEC. 81 40.5 32.3 41.0 34.2 34.9 32.9 39.6 37.8 43.9 40.8 43.6 38.6

DEC. 82 45.7 35.8 46.2 37.8 40.7 36.9 44.4 41.7 51.3 44.8 46.9 43.2

DEC. 83 48.5 39.1 49.5 40.9 45.2 39.8 47.3 45.7 53.4 48.6 49.7 46.4

DEC. 84 51.1 40.4 51.6 42.4 47.9 41.1 52.0 46.8 56.0 49.5 52.6 47.5

DEC. 85 55.6 43.8 54.3 45.7 53.9 44.7 58.5 50.7 65.8 53.6 60.6 51.5

DEC. 86 59.7 47.9 56.5 49.8 59.3 48.6 63.4 55.9 72.6 59.1 67.2 56.5

DEC. 87 65.0 51.1 60.4 53.3 63.3 51.8 69.3 59.8 76.5 63.2 74.1 60.5

DEC. 88 70.1 54.6 65.4 57.0 68.5 55.4 74.9 63.9 81.7 68.0 80.6 66.1

DEC. 89 75.4 58.6 60.5 61.4 70.9 59.5 81.9 69.2 89.5 73.3 86.8 71.0

DEC. 90 79.6 63.1 55.2 65.2 73.7 63.5 82.6 74.4 92.1 78.8 84.1 75.5

DEC. 91 79.7 64.3 53.3 66.3 65.8 64.6 76.7 75.6 91.2 78.6 75.1 76.6

DEC. 92 78.7 65.4 55.2 66.9 62.6 65.3 74.8 75.5 91.2 78.6 71.4 76.9

DEC. 93 81.2 66.6 57.5 68.1 76.0 66.7 77.0 77.4 91.2 80.5 72.5 77.9

DEC. 94 83.5 68.6 62.3 70.3 78.1 68.2 78.3 79.0 92.1 82.2 75.4 80.0

DEC. 95 84.7 71.6 65.5 73.4 82.6 71.9 79.8 82.7 93.0 86.2 79.1 84.7

DEC. 96 86.1 72.5 68.4 74.6 84.1 72.7 82.0 83.7 95.0 87.8 83.8 86.1

DEC. 97 86.8 71.6 71.7 75.1 83.9 71.8 84.1 83.7 97.2 87.1 89.7 86.0

DEC. 98 87.1 73.0 75.6 76.0 85.5 72.8 86.8 84.4 99.3 89.1 96.1 87.6

DEC. 99 87.0 74.3 78.2 76.7 87.1 74.0 88.0 89.4 86.1 101.9 90.9 100.0 89.3

DEC. 00 88.2 78.3 78.3 81.4 92.5 78.6 89.8 93.8 91.3 102.6 95.5 99.9 94.6

DEC. 01 90.1 80.7 79.7 84.0 93.1 80.8 91.8 96.7 94.1 100.6 98.3 100.9 97.8

DEC. 02 94.6 83.7 87.5 86.5 97.5 83.4 93.7 93.7 104.6 97.0 103.8 101.1 103.9 100.5

DEC. 03 102.9 86.4 95.0 89.2 103.0 85.6 101.1 95.2 110.1 99.2 112.1 103.1 110.1 102.8

DEC. 04 112.4 88.6 106.8 91.4 110.4 87.6 113.2 97.1 114.7 101.5 124.5 106.2 117.8 105.5

DEC. 05 119.4 91.0 118.9 94.1 117.8 90.3 121.8 100.0 118.4 104.2 135.0 110.4 123.1 108.0

DEC. 06 126.2 93.9 129.3 97.3 125.0 93.2 132.7 105.0 122.2 107.2 147.2 115.2 128.7 111.5

DEC. 07 134.0 96.5 137.5 101.0 130.8 96.3 144.7 108.0 128.0 110.6 163.4 118.8 133.2 114.2

DEC. 08 142.5 100.0 127.1 105.4 134.9 99.9 159.1 112.0 129.6 114.1 159.9 123.2 139.2 118.4

DEC. 09 138.6 102.1 119.8 108.0 136.5 102.2 164.7 115.4 131.8 116.2 150.0 125.7 139.2 121.0

DEC. 10 142.5 104.7 119.0 111.3 141.0 104.4 168.0 118.1 137.4 119.8 147.6 129.0 140.6 123.9

DEC. 11 137.9 108.5 119.3 114.0 143.0 108.0 148.8 121.0 141.4 123.5 149.5 132.8 143.7 127.9

DEC. 12 138.1 110.8 119.3 116.5 142.1 109.9 151.8 124.1 141.4 126.1 146.1 135.6 145.4 131.1

DEC. 13 139.3 113.3 118.2 118.9 145.3 112.3 156.4 129.5 141.8 129.5 147.7 139.6 148.3 134.6

MAR. 14 140.0 114.0 118.8 119.8 146.0 112.9 157.5 130.6 142.3 130.1 148.5 140.5 149.4 135.3

JUN. 14 140.0 114.5 119.4 120.4 146.0 113.1 158.7 131.5 142.9 130.9 149.2 141.5 150.5 135.8

SEP. 14 140.1 114.9 120.6 121.1 146.9 113.5 159.9 131.7 143.4 131.1 149.9 142.2 151.6 136.6

DEC. 14 140.1 115.2 122.4 122.0 147.5 113.6 161.1 132.0 143.9 131.4 150.7 142.3 152.8 136.9

MAR. 15 140.5 115.3 125.8 122.0 148.2 113.5 159.5 131.7 144.6 131.5 148.9 142.5 154.5 137.5

JUN. 15 140.6 115.9 127.7 122.8 149.3 114.0 159.9 131.7 145.2 132.4 148.9 143.3 156.2 138.8

SEP. 15 140.9 116.2 129.6 123.6 149.9 114.2 160.3 132.2 146.0 133.0 149.6 143.8 157.9 139.2

DEC. 15 141.2 131.6 150.5 160.7 146.8 150.0 159.7


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rElativitiEs MatriX foUrth QUartEr 2015

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2016 rostErEd days off calEndar

adElaidE BrisBanE & darWin canBErra MElBoUrnE PErth sydnEy

Basis cfMEU EBa cfMEU EBa cfMEU EBa cfMEU EBa aWard cfMEU EBa

hoUrs Basis 36 36 36 36 38 38

JanMON 25 JANWED 27 JAN

MON 4 JANMON 25 JAN

MON 4 JANFRI 22 JAN

MON 25 JAN

WED 6 TO FRI 8 JAN

MON 25 JANMON 25 JAN MON 25 JAN

fEB MON 15 & 29 FEB MON 29 FEB MON 8 & 22 FEB MON 8 & 22 FEB MON 15 FEB MON 29 FEB

MarTUE 15 MARTHU 24 MARTUE 29 MAR

TUE 29 TO THU 31 MARTUE 15 MARTHU 24 MARTUE 29 MAR

TUE 15 MARTUE 29 MAR

TUE 8 MAR TUE 29 MAR

aPrTUE 26 APRWED 27 APR

FRI 1 APR TUE 26 APR

MON 18 APRTUE 26 APR


TUE 26 APR TUE 26 APR

May MON 16 & 30 MAY MON 30 MAY MON 9 & 16 MAY MON 9 & 23 MAY MON 16 MAY MON 23 MAY

JUnTUE 14 JUNWED 15 JUN

MON 27 JUNFRI 10 JUNTUE 14 JUN

TUE 14 JUNMON 27 JUN

TUE 7 JUN TUE 14 JUN

JUl MON 4 & 18 JUL MON 18 JUL MON 11 & 18 JUL MON 11 & 25 JUL MON 4 JUL MON 18 JUL

aUG MON 8 & 22 AUGMON 8 AUGTUE 9 AUG

MON 8 & 22 AUG MON 8 & 22 AUGMON 1 AUG

MON 29 AUGMON 15 AUG

sEP MON 5 & 19 SEP MON 19 SEPMON 5 SEPFRI 23 SEP

MON 5 SEPMON 19 SEP

TUE 27 SEP MON 12 SEP

octTUE 4 OCTWED 5 OCTMON 24 OCT

MON 17 OCT MON 31 OCT

TUE 4 OCTMON 24 OCT

MON 3, 17 & 31 OCT MON 31 OCT TUE 4 OCT

nov MON 14 & 28 NOVTUE 1 NOV

MON 28 NOVMON 14 NOV MON 28 NOV

WED 2 NOVMON 21 NOV

MON 28 NOV MON 7 NOV

dEcTHU 22 DECFR 23 DEC

MON 19 TO FRI 23 DECWED 28 TO FRI 30 DEC

MON 12 DECWED 28 DEC

FRI 23 DEC FRI 23 DECTUE 6 DEC

WED 28 DEC

total 26 26 26 26 13 13


adElaidE BrisBanE & darWin canBErra MElBoUrnE PErth sydnEy

Basis cfMEU EBa cfMEU EBa cfMEU EBa cfMEU EBa aWard cfMEU EBa

hoUrs Basis 36 36 36 36 38 38

JanMON 25 JANWED 27 JAN

MON 4 JANMON 25 JAN

MON 4 JANFRI 22 JAN

MON 25 JAN

WED 6 TO FRI 8 JAN

MON 25 JANMON 25 JAN MON 25 JAN

fEB MON 15 & 29 FEB MON 29 FEB MON 8 & 22 FEB MON 8 & 22 FEB MON 15 FEB MON 29 FEB

MarTUE 15 MARTHU 24 MARTUE 29 MAR

TUE 29 TO THU 31 MARTUE 15 MARTHU 24 MARTUE 29 MAR

TUE 15 MARTUE 29 MAR

TUE 8 MAR TUE 29 MAR

aPrTUE 26 APRWED 27 APR

FRI 1 APR TUE 26 APR



TUE 26 APR TUE 26 APR

May MON 16 & 30 MAY MON 30 MAY MON 9 & 16 MAY MON 9 & 23 MAY MON 16 MAY MON 23 MAY

JUnTUE 14 JUNWED 15 JUN

MON 27 JUNFRI 10 JUNTUE 14 JUN

TUE 14 JUNMON 27 JUN

TUE 7 JUN TUE 14 JUN

JUl MON 4 & 18 JUL MON 18 JUL MON 11 & 18 JUL MON 11 & 25 JUL MON 4 JUL MON 18 JUL

aUG MON 8 & 22 AUGMON 8 AUGTUE 9 AUG

MON 8 & 22 AUG MON 8 & 22 AUGMON 1 AUG

MON 29 AUGMON 15 AUG

sEP MON 5 & 19 SEP MON 19 SEPMON 5 SEPFRI 23 SEP

MON 5 SEPMON 19 SEP

TUE 27 SEP MON 12 SEP

octTUE 4 OCTWED 5 OCTMON 24 OCT

MON 17 OCT MON 31 OCT

TUE 4 OCTMON 24 OCT

MON 3, 17 & 31 OCT MON 31 OCT TUE 4 OCT

nov MON 14 & 28 NOVTUE 1 NOV

MON 28 NOVMON 14 NOV MON 28 NOV

WED 2 NOVMON 21 NOV

MON 28 NOV MON 7 NOV

dEcTHU 22 DECFR 23 DEC

MON 19 TO FRI 23 DECWED 28 TO FRI 30 DEC

MON 12 DECWED 28 DEC

FRI 23 DEC FRI 23 DECTUE 6 DEC

WED 28 DEC

total 26 26 26 26 13 13


aUstralian constrUctionrEGional indicEs

The construction cost information in this publication is based upon rates for capital city construction projects and are current for the Fourth Quarter 2015. For towns or cities outside capital cities, costs can be expected to vary in accordance with the following table of indices:

The above table should be used only as a comparative guide, and is only appropriate for the urban precincts nominated and for the larger commercial projects.

Care must be taken to review specific local market conditions within the anticipated time frame of a project development period before establishing and committing viable budgets for projects.

In the event that projects are required to be constructed in remote locations or in areas without urban infrastructure, then special consideration must be given to the budget structure of these projects. Each project must be considered in detail and its specific resource requirements assessed and sourced to establish budget costs.

RLB recommend that advice on local market conditions be sought from our regional offices when initial project budgets and feasibility studies are in the process of establishment. (Our regional offices are identified on page 86.)

nEW soUth WalEs QUEEnslandWEstErn

aUstralia

SYDNEY 100 BRISBANE 100 PERTH 100

ARMIDALE 105 CAIRNS 105 ALBANY 108

COFFS HARBOUR

100 GLADSTONE 125 BROOME 155

NEWCASTLE 98 GOLD COAST 95 BUNBURY 103

ORANGE 106 MACKAY 114 CARNARVON 155

TAMWORTH 102SUNSHINE COAST

95 ESPERANCE 125

WAGGA WAGGA 106 TOWNSVILLE 107 GERALDTON 105

WOLLONGONG 100 KALGOORLIE 120

KUNUNURRA 175

PORT HEDLAND

160

TOM PRICE 170


cBd

Central Business District

BUildinG WorKs

Building works include substructure, structure, finishings, fittings, preliminary items, attendance and builder’s work in connection with services.

BUildinG sErvicEs

Building services include special equipment, hydraulics, fire protection, mechanical, vertical transport, building management and electrical services.

officE BUildinGs

Prestige offices are based on landmark office buildings located in major CBD Office Markets, which are pacesetters in establishing rents.

investment offices are based on high quality buildings which are built for the middle range of the rental market.

hotEls

ratinGGfa PEr rooM

total accoMModation. PUBlic sPacE

FIVE STAR 85-110 M2 45-55 M2 40-55 M2

FOUR STAR 65-85 M2 40-45 M2 25-40 M2

THREE STAR 40-65 M2 30-40 M2 10-25 M2

Note: Public space includes service areas.

car ParKs

Open Deck Multi-storey – minimal external walling.

Basement – CBD locations incur higher penalties for restricted sites and perimeter conditions.


Quality reflects a simplified type of construction suitable for light industry.

Exclusions: Hardstandings, Roadworks and Special Equipment.

aGEd carE

Single storey domestic construction with no operating theatre capacity, minimal specialist and service areas. 35-45 m2 G.F.A./bed (150 beds).

aUstralian constrUctiondEfinitions


hosPital

Low rise hospital (45 - 60 m2 G.F.A./Bed) - Minimal operating theatre capacity, specialist and service areas.

Low rise hospital (55 - 80 m2 G.F.A./Bed) - Major operating theatre capacity including extensive specialist and service areas.

Exclusions: Loose furniture, special medical equipment.

cinEMas

Multiplex Group Complex (warm shell). 2,000 – 4,000 seats.

Exclusions: Projection equipment, seating.

shoPPinG cEntrEs

department storePartially finished suspended ceilings and painted walls.

Exclusions: Floor finishes, shop fittings etc.

supermarket/variety storeFully finished and serviced space.

Exclusions: Cool rooms, shop fittings, refrigeration equipment etc.

MallsFully finished and serviced space.

specialty shopsPartially finished with ceilings, unpainted walls and power to perimeter point.

Exclusions: Floor finishes and shop fittings.

sMall shoPs and shoWrooMs

Exclusions: Floor finishes, plumbing (other than hot and cold water to sink fittings in each shop) and shop fittings.

rEsidEntial

single storey or 1-3 storeyUnits reflect medium quality accommodation.

Multi-storeyUnits reflect medium to luxury quality and air conditioned accommodation up to 80 storeys in height.

Note: the ratio of kitchen, laundry and bathroom areas to living areas considerably affects the cost range. Range given is significantly affected by the height and configuration of the building.

Exclusions: Loose furniture, special fittings, washing machines, dryers and refrigerators.

SydneyCOnSTRUCTIOn

34 BuildingServicesCosts

38 UnitCosts

39 OfficeFitoutCosts

40 HotelFurniture,Fittings&equipmentCosts

41 RecreationalFacilitiesCosts

43 demolitionCosts

44 SiteworksCosts

Rider Levett Bucknall | Riders Digest – Sydney 201634S

Sydney COnSTRUCTIOnBUILdInG SeRVICeS COSTS

AllcostscurrentasatFourthQuarter2015.

SPeCIAL eQUIPMenTSpecialequipmentincludesBuildingMaintenanceUnits,MedicalGases,Chutes,IncineratorsandCompactorswhereappropriate.

HydRAULICHydraulicServicesincludeColdWaterSupply,Soil,WasteandVentilationPlumbingandAssociatedSanitaryFittingsandFaucetswhereappropriate.

SPeCIAL eQUIPMenT

HydRAULICFIRe

PROTeCTIOnMeCHAnICAL

VeRTICAL TRAnSPORT

BUILdInG MAnAGeMenT

eLeCTRICAL TOTAL

COST RAnGe PeR GROSS FLOOR AReA

$/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2

LOw HIGH LOw HIGH LOw HIGH LOw HIGH LOw HIGH LOw HIGH LOw HIGH LOw HIGH

OFFICe BUILdInGS

Prestige, CBd

10TO25STOReyS(75-80%eFFICIenCy) 34 50 87 121 65 92 333 392 179 242 35 85 180 244 913 1,226

25TO40STOReyS(70-75%eFFICIenCy) 39 50 103 124 71 92 343 402 246 296 51 85 225 268 1,078 1,317


Investment, CBd

UPTO10STOReyS(81-85%eFFICIenCy) - - 71 88 12 83 261 329 135 166 12 30 131 185 622 881

10TO25STOReyS(76-81%eFFICIenCy) 16 40 71 99 55 87 281 339 158 177 23 42 135 180 739 964


Investment, other than CBd

1TO3STOReyS(81-85%eFFICIenCy) - 11 67 89 12 34 230 263 - 50 11 30 104 134 424 611

UPTO10STOReyS(82-86%eFFICIenCy) 11 16 77 89 55 78 240 299 102 155 11 30 116 180 612 847


HOTeLS

Multi-Storey

FIVeSTAR 33 55 209 263 65 93 366 407 168 234 34 69 204 265 1,079 1,386

FOURSTAR 27 50 199 255 65 93 293 385 168 202 34 59 170 244 956 1,288

THReeSTAR 16 34 176 223 11 73 281 344 134 159 24 30 171 211 813 1,074

CAR PARK

OPendeCkMUlTI-STORey - - 17 22 11 23 - 17 - 27 - 11 29 44 57 144

BASeMenT:CBd - - 22 39 59 75 49 65 34 49 11 18 45 55 220 301

BASeMenT:OTHeRTHAnCBd - - 17 33 11 59 38 59 23 33 - 18 45 55 134 257

UndeRCROFT:OTHeRTHAnCBd - - 17 23 6 7 - - - - - 6 18 23 41 59

IndUSTRIAL BUILdInGS

6.00m to underside of truss and 4,500 m2 Gross Floor Area with:

ZInCAlUMeMeTAlClAddInG - - 48 55 11 23 - 11 - - - 5 49 94 108 188

PReCASTCOnCReTeClAddInG - - 48 55 11 23 - 11 - - - 5 49 96 108 190

Attached Air Conditioned Offices

200M2 - - 67 88 11 29 230 300 - 169 18 47 126 169 452 802

400M2 - - 67 88 11 29 230 304 - 167 18 47 126 180 452 815

Rider Levett Bucknall | Riders Digest – Sydney 2016 35S

FIRe PROTeCTIOnFireServicesincludedetectors,WardenCommunication,Sprinklers,Hydrants,HoseReelsandextinguishers.

MeCHAnICALMechanicalServicesincludeAirConditioning,Ventilation,HeatinganddomesticHotWaterwhereappropriate.

SPeCIAL eQUIPMenT

HydRAULICFIRe


VeRTICAL TRAnSPORT

BUILdInG MAnAGeMenT

eLeCTRICAL TOTAL


$/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2


OFFICe BUILdInGS

Prestige, CBd




Investment, CBd

UPTO10STOReyS(81-85%eFFICIenCy) - - 71 88 12 83 261 329 135 166 12 30 131 185 622 881



Investment, other than CBd

1TO3STOReyS(81-85%eFFICIenCy) - 11 67 89 12 34 230 263 - 50 11 30 104 134 424 611

UPTO10STOReyS(82-86%eFFICIenCy) 11 16 77 89 55 78 240 299 102 155 11 30 116 180 612 847


HOTeLS

Multi-Storey

FIVeSTAR 33 55 209 263 65 93 366 407 168 234 34 69 204 265 1,079 1,386

FOURSTAR 27 50 199 255 65 93 293 385 168 202 34 59 170 244 956 1,288

THReeSTAR 16 34 176 223 11 73 281 344 134 159 24 30 171 211 813 1,074

CAR PARK

OPendeCkMUlTI-STORey - - 17 22 11 23 - 17 - 27 - 11 29 44 57 144

BASeMenT:CBd - - 22 39 59 75 49 65 34 49 11 18 45 55 220 301

BASeMenT:OTHeRTHAnCBd - - 17 33 11 59 38 59 23 33 - 18 45 55 134 257

UndeRCROFT:OTHeRTHAnCBd - - 17 23 6 7 - - - - - 6 18 23 41 59

IndUSTRIAL BUILdInGS

6.00m to underside of truss and 4,500 m2 Gross Floor Area with:

ZInCAlUMeMeTAlClAddInG - - 48 55 11 23 - 11 - - - 5 49 94 108 188

PReCASTCOnCReTeClAddInG - - 48 55 11 23 - 11 - - - 5 49 96 108 190

Attached Air Conditioned Offices

200M2 - - 67 88 11 29 230 300 - 169 18 47 126 169 452 802

400M2 - - 67 88 11 29 230 304 - 167 18 47 126 180 452 815


Sydney COnSTRUCTIOnBUILdInG SeRVICeS COSTS

VeRTICAL TRAnSPORTTransportServicesincludelifts,escalators,Travelators,dumbwaiters,etc.whereappropriate.

BUILdInG MAnAGeMenTBuildingManagementServicesincludeCommunications,SecurityandBuildingAutomationSystemswhereappropriate.

SPeCIAL eQUIPMenT

HydRAULICFIRe


VeRTICAL TRAnSPORT

BUILdInG MAnAGeMenT

eLeCTRICAL TOTAL


$/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2


AGed CARe

SInGleSTOReyFACIlITy - 11 144 222 11 55 93 211 - - 5 16 103 153 356 668

PRIVATe HOSPITALS

Low Rise Hospital

45-60M2GFA/Bed 22 45 155 199 34 72 417 485 45 78 30 41 217 292 920 1,212

55-80M2GFA/BedWITHMAjOROPeRATInGTHeATRe

39 135 175 201 49 88 577 800 66 92 79 90 250 361 1,235 1,767

CIneMAS

GROUPCOMPlex,2,000-4,000SeATS.(WARMSHell)

11 23 89 143 66 88 370 535 168 220 11 52 181 268 896 1,329

ReGIOnAL SHOPPInG CenTReS

dePARTMenTSTORe - 17 67 79 61 68 180 245 - - - 11 140 204 448 624

SUPeRMARkeT/VARIeTySTORe - - 70 79 49 66 173 255 - - - 11 158 216 450 627

dISCOUnTdePARTMenTSTORe - 17 54 72 43 71 151 194 - - 29 46 146 165 423 565

MAllS - 30 64 82 49 74 173 290 - - - 25 194 273 480 774

SPeCIAlITySHOPS - - 66 84 51 78 211 301 - - - 18 135 217 463 698

SMALL SHOPS And SHOwROOMS - - 54 77 11 28 151 281 - - - 11 96 112 312 509

ReSIdenTIAL

SInGleAnddOUBleSTOReydWellInGS.(CUSTOMBUIlT)

- 11 82 163 6 28 11 250 - - - 18 75 191 174 661

ReSIdenTIAL UnITS

WAlk-UP85TO120M2/UnIT - - 99 209 6 22 11 189 - - 5 23 75 178 196 621

TOWnHOUSeS90TO120M2/UnIT - - 77 209 6 28 11 173 - - 5 23 69 155 168 588

MULTI-STORey UnITS


UnITS60-70M2 - 11 166 211 11 50 144 199 112 143 10 28 125 181 568 823

UnITS90-120M2 - 11 156 192 11 50 142 204 101 133 10 28 115 181 535 799

Over 10 and up to 20 storey

UnITS60-70M2 - 11 165 222 49 66 176 219 112 153 10 28 138 191 650 890

UnITS90-120M2 - 11 155 200 44 55 166 209 107 143 10 28 138 170 620 816


UnITS60-70M2 6 39 208 253 61 78 199 306 61 82 20 34 138 225 693 1,017

UnITS90-120M2 6 40 208 242 61 78 188 286 61 67 20 34 138 210 682 957


UnITS60-70M2 6 40 222 257 66 84 274 362 156 212 20 36 170 227 914 1,218

UnITS90-120M2 6 40 210 247 66 84 263 352 156 212 20 36 170 237 891 1,208


eLeCTRICALelectricalServicesincludetheprovisionoflightingandPowertooccupiedareaswhereappropriate.

SPeCIAL eQUIPMenT

HydRAULICFIRe


VeRTICAL TRAnSPORT

BUILdInG MAnAGeMenT

eLeCTRICAL TOTAL


$/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2 $/M2


AGed CARe

SInGleSTOReyFACIlITy - 11 144 222 11 55 93 211 - - 5 16 103 153 356 668

PRIVATe HOSPITALS

Low Rise Hospital

45-60M2GFA/Bed 22 45 155 199 34 72 417 485 45 78 30 41 217 292 920 1,212

55-80M2GFA/BedWITHMAjOROPeRATInGTHeATRe

39 135 175 201 49 88 577 800 66 92 79 90 250 361 1,235 1,767

CIneMAS

GROUPCOMPlex,2,000-4,000SeATS.(WARMSHell)

11 23 89 143 66 88 370 535 168 220 11 52 181 268 896 1,329

ReGIOnAL SHOPPInG CenTReS

dePARTMenTSTORe - 17 67 79 61 68 180 245 - - - 11 140 204 448 624

SUPeRMARkeT/VARIeTySTORe - - 70 79 49 66 173 255 - - - 11 158 216 450 627

dISCOUnTdePARTMenTSTORe - 17 54 72 43 71 151 194 - - 29 46 146 165 423 565

MAllS - 30 64 82 49 74 173 290 - - - 25 194 273 480 774

SPeCIAlITySHOPS - - 66 84 51 78 211 301 - - - 18 135 217 463 698

SMALL SHOPS And SHOwROOMS - - 54 77 11 28 151 281 - - - 11 96 112 312 509

ReSIdenTIAL

SInGleAnddOUBleSTOReydWellInGS.(CUSTOMBUIlT)

- 11 82 163 6 28 11 250 - - - 18 75 191 174 661

ReSIdenTIAL UnITS

WAlk-UP85TO120M2/UnIT - - 99 209 6 22 11 189 - - 5 23 75 178 196 621

TOWnHOUSeS90TO120M2/UnIT - - 77 209 6 28 11 173 - - 5 23 69 155 168 588

MULTI-STORey UnITS


UnITS60-70M2 - 11 166 211 11 50 144 199 112 143 10 28 125 181 568 823

UnITS90-120M2 - 11 156 192 11 50 142 204 101 133 10 28 115 181 535 799


UnITS60-70M2 - 11 165 222 49 66 176 219 112 153 10 28 138 191 650 890

UnITS90-120M2 - 11 155 200 44 55 166 209 107 143 10 28 138 170 620 816


UnITS60-70M2 6 39 208 253 61 78 199 306 61 82 20 34 138 225 693 1,017

UnITS90-120M2 6 40 208 242 61 78 188 286 61 67 20 34 138 210 682 957


UnITS60-70M2 6 40 222 257 66 84 274 362 156 212 20 36 170 227 914 1,218

UnITS90-120M2 6 40 210 247 66 84 263 352 156 212 20 36 170 237 891 1,208


Sydney COnSTRUCTIOnUnIT COSTS

ITeM

COnSTRUCTIOn RAnGe PeR

LOw HIGH

HOTeLS

Multi-Storey (excluding basements)

FIVeSTAR 450,700 537,400 BedROOM

FOURSTAR 340,600 470,700 BedROOM

THReeSTAR 213,900 271,600 BedROOM

CAR PARKS

Based on 30 m2 per car

OPendeCkMUlTI-STORey 23,400 37,300 CAR

BASeMenT-CBd 36,600 56,100 CAR

BASeMenT-OTHeRTHAnCBd 36,400 51,500 CAR

UndeRCROFT-OTHeRTHAnCBd 17,700 30,500 CAR

AGed CARe

FACIlITy 157,800 203,700 BedROOM

PRIVATe HOSPITALS

Low Rise Hospital

45-60M2GFA/Bed 156,000 198,000 Bed

55-80M2GFA/Bed 262,000 343,600 Bed

CIneMAS

GROUPCOMPlex,2,000-4,000SeATS(WARMSHell)

8,950 12,400 SeAT

HOUSInG

SInGleAnddOUBleSTOReydWellInGS.(CUSTOMBUIlT)-325M2 504,000 1,421,000 HOUSe

ReSIdenTIAL UnITS (exCL CARPARK/SITe wORKS)

TOWnHOUSeS(90-120M2) 173,600 432,500 UnIT

1TO3STOReyUnITS(85-120M2) 193,500 417,500 UnIT

MULTI STORey ReSIdenTIAL UnITS


UnITS60-70M2 179,900 227,100 UnIT

UnITS90-120M2 212,200 362,300 UnIT

Over 10 and up to 20 storeys

UnITS60-70M2 193,400 250,400 UnIT

UnITS90-120M2 232,500 409,400 UnIT


UnITS60-70M2 250,000 304,000 UnIT

UnITS90-120M2 293,000 450,000 UnIT


UnITS60-70M2 287,000 344,000 UnIT

UnITS90-120M2 358,300 580,500 UnIT


Sydney COnSTRUCTIOnOFFICe FITOUT COSTS

Thefollowingcosts,whichincludeworkstations,areanindicationofthosecurrentlyachievableforgoodqualityofficeaccommodation,inclusiveofalllooseandfixedfurniture.

TyPe OF TenAnCyOPen

PLAnnedFULLy

PARTITIOnedPeR

LOw HIGH LOw HIGH

InSURAnCeOFFICeS,GOVeRnMenTdePARTMenT

830 1,230 1,100 1,550 M2

MAjORCOMPAnyHeAdQUARTeRS

1,100 1,600 1,150 2,000 M2

SOlICITORS,FInAnCIeRS 1,300 2,100 1,750 3,250 M2

exeCUTIVeAReASAndFROnTOFHOUSe

5,450 10,200 M2

COMPUTeRAReAS 2,400 3,100 M2

Computerareasincludeaccessflooringandadditionalservicescostsbutexcludecomputerequipment.

wORKSTATIOnS

Fullyself-containedworkstationmodulesize1,800x1,800mmincludingscreensgenerally1,220mmhigh(managerial1,620mmhigh),desks,storagecupboards,shelving.

TyPe OF wORKSTATIOn LOw HIGH PeR

CAllCenTRe 1,850 3,100 eACH

SeCReTARIAl 2,600 7,000 eACH

TeCHnICAlSTAFF 3,350 8,900 eACH

exeCUTIVe 8,550 30,850 eACH

ReFURBISHMenT

OfficeThefollowingrefurbishmentcostsincludefordemolitionandremovalofpartitionsandinternalfinishes,providenewfloor,ceilingandwallfinishes,butexcludingfittingoutandremovalofasbestosandupgradingofbuildingforGreenStarratings.Thelowerendoftherangeindicatesre-useandmodificationofexistingspecialistbuildingservices,whiletheupperendoftherangeindicatescompletereplacementofequipmentandaccessories.

LOw HIGH PeR

CBdOFFICeSTyPICAlFlOOR 900 2,400 M2

CBdOFFICeSCOReUPGRAde(exClUdInGlIFTSMOdeRnISATIOn)

650 1,600 M2


Thecostofhotelfurniture,fittingsandequipment(FF&e)varieswithinawiderangeandisdependentonthequalityofitemsprovided.Thefollowinggivestheexpectedcostrangesfordifferentratinghotels.Thesecostsincludefittingoutpublicareas.

LOw HIGH PeR

THReeSTARRATInG 24,000 44,000 BedROOM

FOURSTARRATInG 31,000 51,000 BedROOM

FIVeSTARRATInG 49,000 94,000 BedROOM

Sydney COnSTRUCTIOn HOTeL FURnITURe, FITTInGS & eQUIPMenT COSTS


BASKeTBALL CenTRe

LOw HIGH PeR

COnSISTInGOFBRICkWAllS,STeelPORTAlFRAMeAndPURlInSWITHMeTAlROOF,TIMBeRFlOORTOPlAyInGAReA,PUBlICSeATInG,PUBlICTOIleTSAndCHAnGeROOMS.

1,100 1,450 M2

SwIMMInG POOL CenTReS

LOw HIGH PeR

InClUdInGFOyeR,kIOSk,OFFICe,lOCkeRS,AdMInISTRATIOnOFFICeS,CHAnGeROOMS.

1,800 2,750 M2

SwIMMInG POOLS

Highqualityfullytiledincludingdrainageandfiltrationbutexcludingsurroundingpavingandenclosures.

LOw HIGH PeR

HAlFOlyMPIC(25.0x12.5M) 400,000 567,000 eACH

•exTRAFORHeATInG 21,000 39,000 eACH

• exTRAOVeRFIlTRATIOnAnddOSInGPlAnTFOROZOneBASeddOSInGSySTeM

142,000 234,000 eACH

• exTRAFORWeTdeCk 55,000 84,000 eACH

OlyMPIC(50.0x21.5M) 1,570,000 2,205,000 eACH

• exTRAFORHeATInG 41,000 70,000 eACH

• exTRAFORFIlTRATIOnAnddOSInGPlAnT

288,000 494,000 eACH

• exTRAOVeRFIlTRATIOnAnddOSInGPlAnTFOROZOneBASeddOSInGSySTeM

94,000 167,000 eACH

SMALL BOAT And yACHT MARInA BeRTHS

Floatingpontoonwalkwaysservicedwithpowerandwater.

LOw HIGH PeR

dOUBlelOAdedBeRTHS 23,000 33,000 BeRTH

SInGlelOAdedBeRTHS 29,000 37,000 BeRTH

SUPeRyACHTS 233,000 308,000 BeRTH

Sydney COnSTRUCTIOn ReCReATIOnAL FACILITIeS COSTS


TennIS COURTS

Sixcourtswithminimalsiteformationandincludingsubbaseplayingsurface,chainwirefence3.60mhighandspoondrains.

LOw HIGH PeR

SynTHeTICGRASS 60,300 74,200 COURT

RedPOROUS(en-TOUT-CAS) 25,000 33,500 COURT

SynTHeTICACRylIC(FlexIPAVe) 42,700 49,700 COURT

ASPHAlT(5MM) 34,300 95,100 COURT

ReBOUndACe 98,800 109,700 COURT

COnCReTe 40,550 47,100 COURT

FlOOdlIGHTInG - - COURT

GOLF COURSeS

18holechampionshipcourseincludingsiteworks,finishingworks,irrigation,grassing,landscaping,greenkeeping,plant&equipment,coursefurnitureandgroundstafftopracticalcompletionbutexcludingmainswatersupplytocourse,roads,carparksandclubhouse.Thefollowingareindicativecostsonly.

LOw HIGH PeR

SAnd/SOIlSITe,ReQUIRInGMInIMAlexCAVATIOnAndSITePRePARATIOn

7,906,000 14,218,000 COURSe

SITeReQUIRInGROCkexCAVATIOn

13,585,000 17,847,000 COURSe

SWAMPySITeReQUIRInGdRedGInGFORlAkeS,eTC.AndexTenSIVeFIll

15,960,000 36,550,000 COURSe

PLAyInG FIeLdS

Soccer,Rugby,AustralianRules,Hockeyorsimilarturfedareaswithminimalsiteformationandincludingsubbase,drainageandturfing.

LOw HIGH PeR

exClUdeSSPRInkleRS 40 50 M2

GRAndSTAndS

Prestigemetropolitangrandstandwithahighstandardoffinishesandfacilitiesincludingbars,stores,meeting/changerooms,diningandkitchenarea.

LOw HIGH PeR

GRAndSTAnd 6,000 12,650 SeAT

Sydney COnSTRUCTIOn ReCReATIOnAL FACILITIeS COSTS


demolitioncostsincludegrubbingupfootings,sealingservices,temporaryshoring,supportsetc.removalofdemolishedmaterials,rubbishandsitedebris.

exclusions:workcarriedoutoutsidenormalworkinghours,creditvalueofdemolishedmaterialsandrestrictedsiteconditions.

BUILdInG TyPe LOw HIGH PeR

SInGleSTOReyTIMBeRFRAMedHOUSeWITHTIMBeRClAddInGAndTIledROOF

95 140 M2

SInGle/dOUBleSTOReyBRICkHOUSeWITHTIledROOF

105 160 M2

SInGleSTOReyFACTORy/WAReHOUSeWITHReInFORCedCOnCReTeGROUndSlAB,TIMBeRORSTeelFRAMedWAllS

•MeTAlClAd 105 120 M2

•BRICkClAd 120 130 M2

TWOSTOReyOFFICeBUIldInGWITHReInFORCedCOnCReTeFRAMeMASOnRyClAddInGAndMeTAlROOF

130 165 M2

MUlTISTOReyOFFICeBUIldInGUPTO15FlOORSWITHMASOnRyClAddInG

•ReInFORCedCOnCReTe 195 265 M2

•STRUCTURAlSTeel 230 300 M2

MUlTI-STOReyOFFICeBUIldInGUPTO25STOReyS,COnSTRUCTedOFSTeelFRAMeWITHMASOnRyClAddInG

230 330 M2

Sydney COnSTRUCTIOn deMOLITIOn COSTS


LAndSCAPInG

LOw HIGH PeR

lIGHTlAndSCAPInGTOlARGeAReASWITHMInIMAlPlAnTInGAndSITeFORMATIOnBUTexClUdInGTOPSOIlAndGRASSInG.

55,100 75,800 HeCTARe

denSelAndSCAPInGAROUndBUIldInGSInClUdInGSHRUBS,PlAnTS,TOPSOIlAndGRASSInG.

120 160 M2

GRASSInGOnlyTOlARGeAReASInClUdInGTOPSOIl,SOWInGAndTReATInG.

26 35 M2

CAR PARKS – On GROUnd

Basedon30m2overallareapercarwithasphaltpavingincludingsub-baseandsealing.

LOw HIGH PeR

lIGHTdUTyPAVInG. 1,600 3,600 CARSPACe

HeAVydUTyPAVInGTOFACTORyTyPeCOMPlex,lARGeAReAWITHMInIMAlSITeFORMATIOn,dRAInAGeAndkeRBTReATMenT.

3,700 4,400 CARSPACe

lIGHTdUTyPAVInGTOSHOPPInGCenTReCOMPlex,lARGeAReAWITHMInIMAlSITeFORMATIOn,AndInClUdInGdRAInAGeAndkeRBTReATMenT.

4,200 5,700 CARSPACe

ROAdS

Asphaltfinishincludingkerb,channelanddrainage.

LOw HIGH PeR

ReSIdenTIAleSTATe6.80MeTReSWIdeInClUdInGFOOT-PATHAndnATUReSTRIP.

1,150 1,800 M

IndUSTRIAleSTATe10.4MeTReSWIdeInClUdInGMInIMAlTOexTenSIVeFORMATIOn

1,750 2,700 M

Sydney COnSTRUCTIOnSITewORKS COSTS

SydneydeVelOPMenT

46 landValues

47 Rents&yields

48 RentalRates

49 Stampduties

50 landTax

51 Planning-CarParking

52 VerticalTransportation

55 ConstructionWorkdone

59 OfficeSectordata

62 RetailSectordata

64 IndustrialSectordata


ThevaluesshownareindicativeofcurrentlandvaluesinnewSouthWalesandmayvaryaccordingtoposition,planningrequirementsetc.

LOCATIOn (COSTS PeR M2) $/M2

LOw HIGH

OFFICeS

CBdHIGHRISePReMIUM 20,000 40,000

nORTHSydneyMIdRISeAGRAde 10,000 20,000

PARAMMATTAMIdRISeAGRAde 8,000 12,000

ReTAIL (eG 120 M2)

PITTSTReeTMAll 10,000 30,000

SeCOndARyCBd 5,000 20,000

neIGHBOURHOOdSHOPPInGCenTRe 300 400

SUBURBAnSTRIPSHOPPInG 500 5,000

IndUSTRIAL

WeST(3,000-5,000M2) 275 350

nORTHSHORe(3,000-5,000M2) 600 700

SOUTHeRn(5,000-10,000M2) 500 700

PreparedinassociationwithSavills

Sydney deVeLOPMenTLAnd VALUeS


Therentsandyieldsareindicativeofmodernaveragequalityexistingaccommodationineachlocation.Factorscausingvariationstotheseratesandyieldsare:location–age–quality–sizeofbuilding.Unlessotherwisestated,netrentalsaregivenbelow,ie.thetenantpaysalloutgoings.Allowancehasbeenmadefortheeffectsofrentalincentives,rentfreeperiods,etc.ie.theratesareneteffectiverents.

RenT $/M2 % yIeLd

LOw HIGH LOw HIGH

OFFICeS

CdB-HIGHRISePReMIUM 513 802 5.00 5.50

CBd-HIGHRISeGRAdeA 393 493 5.50 6.75

CBd-MedIUMRISe 313 366 6.50 8.00

nORTHSydney-HIGHRISe 379 527 6.25 7.00

nORTHSydney-MedIUMRISe 300 335 7.50 8.50

PARAMMATTA-MedIUMRISe 322 367 6.25 7.25

ReTAIL

PITTSTReeTMAll 5,000 10,000 5.00 6.50

MAjORReGIOnAlSHOPPInGCenTRe

1,000 2,600 5.25 7.00

OTHeRCBd 1,000 4,500 5.50 8.00

IndUSTRIAL

WeST 100 120 6.50 7.25

nORTHWeST 135 190 7.75 9.00

SOUTHeRn 130 190 6.50 7.00

PreparedinassociationwithSavills

Sydney deVeLOPMenT RenTS & yIeLdS


Thenetrentsindicatedbelowshowthechangeinlevelssince1988.Allowancehasbeenmadefortheeffectsofrentalincentives,rentfreeperiodsetc.

Sydney deVeLOPMenT RenTAL RATeS

OFFICeS IndUSTRIAL

CBdnORTH Sydney

SUBURBAn OFFICeS

weST PRIMe

1988 366 280 185 100

1989 394 300 230 103

1990 353 300 252 110

1991 282 290 261 105

1992 214 260 270 98

1993 175 220 263 98

1994 182 210 252 100

1995 235 220 247 105

1996 293 225 242 110

1997 326 240 243 120

1998 355 275 247 120

1999 366 300 252 118

2000 428 350 254 113

2001 439 390 260 112

2002 440 193 212 117

2003 428 195 174 113

2004 418 186 174 113

2005 366 164 202 115

2006 383 194 194 118

2007 399 257 192 118

2008 578 338 233 115

2009 457 321 219 105

2010 449 296 221 105

2011 468 372 221 108

2012 474 406 235 110

2013 462 419 289 110

2014 466 424 293 110

2015 462 428 295 110


StampdutyinnSWisliableforasaleortransferofland(includingimprovements)orabusiness.

Itisimmaterialwhetherornotthetransactioniseffectedbyawritteninstrumentorbyothermeans,includingelectronicmeans.Aliabilityfordutyariseswhenthesaleortransferoccurs.However,ifthesaleortransferiseffectedbyawrittenInstrument,liabilityfordutyariseswhentheinstrumentisfirstexecuted.

dutyispayablewithin3monthsofthedateliabilityarises.Thepurchaserortransfereeisliabletopaytheduty.

VALUe OF TRAnSACTIOn RATe OF dUTy

$0-$14,000$1.25FOReVeRy$100ORPARTOFTHeVAlUe

$14,001-$30,000$175PlUS$1.50FOReVeRy$100,THATTHeVAlUe>$14,000

$30,001-$80,000$415PlUS$1.75FOReVeRy$100,THATTHeVAlUe>$30,000

$80,001-$300,000$1,290PlUS$3.50FOReVeRy$100,THATTHeVAlUe>$80,000

$300,001-$1M$8,990PlUS$4.50FOReVeRy$100,THATTHeVAlUe>$300,000

OVeR$1M$40,490PlUS$5.50FOReVeRy$100,THATTHeVAlUe>$1M

PReMIUM PROPeRTy dUTy OVeR$3M

$150,490PlUS$7.00FOReVeRy$100,THATTHeVAlUe>$3M

Forfurtherdetailsrefertowww.osr.nsw.gov.au

Premium Property dutyisonlypayableonresidentialland(includingimprovements)fortransactionsover$3m.

Sydney deVeLOPMenTSTAMP dUTIeS


landtaxisappliedtothevalueofanypropertyyouownorjointlyownthatisabovethelandtaxthresholdasatmidnighton31decemberthepreviousyear.

Forlandtax,anownerisdefinedasanyofthefollowing:

• soleowner

• jointowners

• acompany

• ownersofcompanytitleunits

• trusteeofanytrust

• beneficiaryofatrustwhichisnotaspecialtrust

• societyororganisationwhoselandisnotexempt

• unitholderswithinterestinaunittrustwhichisentitledtothelandtaxthreshold

• trusteesofsuperannuationfunds

• certainlesseesofcrownorlocalcouncilland.

TOTAL UnIMPROVed VALUe OF LAnd

2016 TAx RATeS(LAnd Owned @ 31/12/15)

BelOW$432,000 nIl

$432,000-$2,640,999$100PlUS1.6%OFlAndVAlUeBeTWeen$432,000And$2,640,999

ABOVe$2,641,000$35,444PlUS2%OnVAlUeInexCeSSOF$2,641,000

TOTAL UnIMPROVed VALUe OF LAnd

2015 TAx RATeS(LAnd Owned @ 31/12/14)

BelOW$412,000 nIl

BeTWeen$412,001-$2,518,999

$100PlUS1.6%OFlAndVAlUeBeTWeen$412,000And$2,518,999

ABOVe$2,519,00033,812PlUS2%OnVAlUeInexCeSSOF$2,519,000

Forfurtherdetailsrefertowww.osr.nsw.gov.au

Sydney deVeLOPMenT LAnd TAx


ThefollowingcarparkinginformationisderivedfromtheSydneylocalenvironmentPlan2012,Part7-localprovisions–general,division1,whichdetailsthemaximumcarparkingspacestobeprovidedtoserviceparticularusesofland.landcategoriesA,B&CareidentifiedinthelandUseandTransportIntegrationmapandlandCategoriesd,e&FareidentifiedinthePublicTransportAccessibilitylevelmap,bothformingpartofthePlan.

TyPe OF PROPOSed USe MAxIMUM PARKInG SPACeS PeRMITTed

dWellInG-HOUSeS

lAndCATeGORyA-1SPACeFOReACHdWellInGlAndCATeGORyB-2SPACeSFOReACHdWellInGHAVInGMOReTHAn2BedROOMSAnd1SPACeFOReACHOTHeRdWellInGlAndCATeGORyC-2SPACeSFOReACHdWellInG

ReSIdenTIAlBUIldInGS(InClUdInGHOUSInGFORAGedPeRSOnS):

LAnd CATeGORynO. OF CAR SPACeS (CUMULATIVe) A B C

dweLLInGS

STUdIO 0.1 0.2 0.4

1BedROOM 0.3 0.4 0.5

2BedROOMS 0.7 0.8 1.0

3+BedROOMS 1.0 1.1 1.2

VISITORS

FIRST30dWellInGS n/A 0.167 0.2

FROM30–70dWellInGS n/A 0.1 0.125

FROM+70dWellInGS n/A 0.05 0.067

OFFICeAndBUSIneSSPReMISeS

LAnd CATeGORy

nO. OF CAR SPACeS d e F

MAx.FlOORSPACeRATIO 3.5:1 2.5:1 1.5:1

GFAPeRCARSPACe 175 125 75

IFTHeBUIldInGISOnlAndInCATeGORyd,eORFAndHASAFlOORRATIOGReATeRTHAnTHATSPeCIFIedABOVe,THeFOllOWInGFORMUlAISTOBeUSed

M= (G x A) ÷ (50 x T)WHeRe:MISTHeMAxIMUMnOOFPARkInGSPACeSG ISTHeG.F.AOFAllOFFICePReMISeSAnd

BUSIneSSPReMISeSInTHeBUIldInGInM2

A ISTHeSITeAReAInM2

T ISTHeTOTAlG.F.AOFAllBUIldInGSOnTHeSITeInM2

ReTAIlPReMISeS(dOeSnOTAPPlyTOBUIldInGSWITH>2,000M2

ReTAIlGFA)

LAnd CATeGORy

nO. OF CAR SPACeS d e F

MAx.FlOORSPACeRATIO 3.5:1

GFAPeRCARSPACe 90 60 50

IFTHeBUIldInGISOnlAndInCATeGORydHASAFlOORRATIOGReATeR3.5:1THeFOllOWInGFORMUlAISTOBeUSed

M= (G x A) ÷ (50 x T)WHeRe:MISTHeMAxIMUMnOOFPARkInGSPACeSG ISTHeG.F.AOFAllReTAIlPReMISeSInTHe

BUIldInGInM2

A ISTHeSITeAReAInM2

T ISTHeTOTAlG.F.AOFAllBUIldInGSOnTHeSITeInM2

PlACeSOFPUBlICWORSHIPAndenTeRTAInMenTFACIlITIeS

(A) 1SPACeFOReVeRy10SeATS,OR(B) 1SPACeFOReVeRy30M2OFTHeGROSS

FlOORAReAOFTHeBUIldInGUSedFORTHOSePURPOSeS

SeRVICedAPARTMenTS,HOTelORMOTel

1SPACeFOReVeRy4BedROOMSUPTO100BedROOMS,And1SPACeFOReVeRy5BedROOMSMOReTHAn100BedROOMS

OTHeRUSeS ReFeRTOSPeCIFICPROVISIOnSWITHInenVIROnMenTAlPlAn

Sydney deVeLOPMenT PLAnnInG – CAR PARKInG


LIFT SeLeCTIOn CHART

Tocalculatethenumberandtypeoflifts–

• locateapointonthegraphbyusingtheGFAinm2shownonthebottomaxisandnumberoflevelsontheleftaxis.

• Thecolourattheintersectionpointindicatestheliftcapacity,thehorizontallinestheliftspeedandtheangledlinesthenumberofliftsandthenumberofbanks.

• Byextendingthehorizontallinetothefarrighthandside,thetypeofliftrequiredcanbeobtained.

destinationcontrolisanoptionalliftcontrolsysteminwhichpassengerskey-inthenumberoftheirdestinationflooratabuttonpanellocatedintheircurrentliftlobbyarea.eachfloorlobbyhasabuttonpanel.Theliftscarsthemselvesdonothavedestinationbuttonsandaredesignatedtoservethefloorsasrequired.destinationcontrolwillgenerallyboostthe“Uppeak”ormorningperformanceoftheliftsystemandwillprovideadditionalsecurityprovisions.Theperformanceoftheliftsystemduringlunchtimesandattheendofthedayisgenerallynotimprovedwiththiscontrolsystem.lobbyareamayneedtobeincreased.

Sydney deVeLOPMenT VeRTICAL TRAnSPORTATIOn


70

,00

06

0,0

00

50

,00

04

0,0

00

30

,00

020

,00

010

,00

0

50

45

40

35

30

25

20

15 10

5 0

GF

A

LEVELS

GEARLESS

GEARLESS MACHINEROOMLESS (MRL)

24

20

18

14

12

8

65

4

3

3.5

m/s

5.0

m/s

3.0

m/s

2.5

m/s

160

0kg

. 23

pers

on

135

0kg

. 20

pers

on

113

0kg

. 16

pers

on

90

0kg

. 13

pers

on

1.6

m/s

2.5

m/s

7.0

m/s

SIN

GL

EB

AN

K

DO

UB

LE

BA

NK


Sydney deVeLOPMenT VeRTICAL TRAnSPORTATIOn

APPLICATIOn LIFT TyPeSPeed

M/S

nO. OF FLOORS SeRVed

BASe COST$

AddITIOnAL FLOOR

exPReSS FLOOR

LOw HIGH RATe RATe

OFFICe & ReSIdenTIAL

eleCTRO-HydRAUlICPASSenGeR

0.5 2 97,000 115,000 12,100 7,600

GeARleSSTO17PASSenGeR

1 5 124,000 143,000 10,400 6,600

GeARleSSUPTO17PASSenGeR

1.6 8 159,000 184,000 10,400 6,600

GeARleSS 2.5 10 425,000 485,000 13,000 8,200

GeARleSS 3.5 10 470,000 505,000 13,000 8,200

GeARleSS 4 10 505,000 530,000 13,000 8,200

GeARleSS 5 10 520,000 560,000 13,000 8,200

GeARleSS 6 10 560,000 580,000 13,000 8,200

GeARleSS 7 10 605,000 643,000 13,000 8,200

GeARleSS 8 10 675,000 730,000 13,500 8,700

HOSPITAL GeARedUPTO40PASSenGeR

2 5 395,000 470,000 15,000 9,700

GeARleSS 2.5 10 493,000 525,000 14,000 9,700

LARGe GOOdS

GeARleSSMRlTO2,000kG

1.6 10 335,000 367,000 14,000 9,700

eleCTRO-HydRAUlICTO5,000kG

0.5 2 273,000 321,000 14,500 9,700

GeARleSS2,500kG 2.5 10 525,000 565,000 13,900 8,100

eSCALATORSRISe2,600TO5,000MM

0.5 - 170,000 255,000 - -

MOVInG wALKS

2,500TO5,000MM 0.5 - 325,000 398,000 - -

SeRVICe LIFT BenCHHeIGHTUnIT 0.2 3 30,000 35,000 4,500 1,300

lARGeRUnIT 0.2 3 46,000 53,000 5,000 1,500

dISABLed PLATFORM LIFT

TO1,000MM 0.1 2 31,000 36,000 - -

1,000TO4,000MM 0.1 2 36,000 49,000 - -

note:destinationControlliftSystemoptioncostsarenotincludedintheaboverates.


Sydney deVeLOPMenT COnSTRUCTIOn wORK dOne

AnnUAL VALUe OF COnSTRUCTIOn wORK dOne In new SOUTH wALeS

yeAR endInG

ReSIdenTIALnOn-

ReSIdenTIALenGIneeRInG

TOTAL COnSTRUCTIOn

jUn-1990 4,973 5,788 3,592 14,353

jUn-1991 4,715 5,854 4,126 14,695

jUn-1992 4,631 4,167 4,015 12,814

jUn-1993 5,245 3,450 4,016 12,711

jUn-1994 5,614 3,203 4,180 12,997

jUn-1995 6,348 3,343 4,687 14,378

jUn-1996 5,917 3,941 5,212 15,070

jUn-1997 5,802 4,366 5,010 15,178

jUn-1998 6,487 5,625 5,236 17,348

jUn-1999 8,032 5,963 5,597 19,593

jUn-2000 9,222 6,267 6,231 21,720

jUn-2001 7,021 4,189 6,156 17,366

jUn-2002 8,528 4,342 5,598 18,468

jUn-2003 10,667 5,132 6,484 22,283

jUn-2004 11,773 5,981 7,888 25,642

jUn-2005 11,657 6,448 9,340 27,446

jUn-2006 10,351 7,432 10,524 28,307

jUn-2007 9,798 7,913 10,825 28,536

jUn-2008 9,770 8,913 12,342 31,024

jUn-2009 9,795 8,676 16,316 34,786

jUn-2010 10,319 10,231 16,182 36,732

jUn-2011 11,480 9,840 18,470 39,789

jUn-2012 10,841 7,718 21,477 40,036

jUn-2013 12,732 8,036 23,105 43,873

jUn-2014 14,178 9,496 19,681 43,355

jUn-2015 16,865 10,279 17,159 44,304

SourceABS8752.0&8755.0(CurrentPrices-OriginalSeries-$millions)


12 MOnTHS endInG

COMMeRCIAL IndUSTRIAL edUCATIOnAGed CARe

HeALTH HOTeLS OTHeRTOTAL

nOn-ReSIdenTIAL

jUn-2002 1,916 674 550 149 380 134 539 4,342

jUn-2003 2,282 761 626 151 376 263 674 5,132

jUn-2004 2,738 981 576 324 273 411 679 5,981

jUn-2005 2,914 1,126 637 343 255 472 702 6,448

jUn-2006 3,497 1,287 811 318 231 547 741 7,432

jUn-2007 3,588 1,245 794 374 525 369 1,018 7,913

jUn-2008 4,093 1,316 805 500 505 310 1,384 8,913

jUn-2009 4,179 1,331 868 429 624 272 973 8,676

jUn-2010 3,549 761 3,547 383 787 210 994 10,231

jUn-2011 3,677 912 2,843 286 717 245 1,159 9,840

jUn-2012 3,156 1,171 1,203 247 538 364 1,038 7,718

jUn-2013 3,194 1,131 1,221 301 728 276 1,184 8,036

jUn-2014 3,948 1,143 1,445 342 1,037 368 1,213 9,496

jUn-2015 4,389 1,121 1,199 520 1,068 758 1,226 10,279

SourceABS8752.0(OriginalCost-$millions)

AnnUAL VALUe OF nOn- ReSIdenTIAL BUILdInG wORK dOne In new SOUTH wALeS



12 MOnTHS endInG

COMMeRCIAL IndUSTRIAL edUCATIOnAGed CARe

HeALTH HOTeLS OTHeRTOTAL

nOn-ReSIdenTIAL

jUn-2002 1,916 674 550 149 380 134 539 4,342

jUn-2003 2,282 761 626 151 376 263 674 5,132

jUn-2004 2,738 981 576 324 273 411 679 5,981

jUn-2005 2,914 1,126 637 343 255 472 702 6,448

jUn-2006 3,497 1,287 811 318 231 547 741 7,432

jUn-2007 3,588 1,245 794 374 525 369 1,018 7,913

jUn-2008 4,093 1,316 805 500 505 310 1,384 8,913

jUn-2009 4,179 1,331 868 429 624 272 973 8,676

jUn-2010 3,549 761 3,547 383 787 210 994 10,231

jUn-2011 3,677 912 2,843 286 717 245 1,159 9,840

jUn-2012 3,156 1,171 1,203 247 538 364 1,038 7,718

jUn-2013 3,194 1,131 1,221 301 728 276 1,184 8,036

jUn-2014 3,948 1,143 1,445 342 1,037 368 1,213 9,496

jUn-2015 4,389 1,121 1,199 520 1,068 758 1,226 10,279



12 MOnTHS endInG

new HOUSeS

new APARTMenTS

& SeMI deTACHed HOUSInG

ALTeRATIOnS And

AddITIOnS InCLUdInG

COnVeRSIOnS

TOTAL ReSIdenTIAL

jUn-1990 2,818 1,181 974 4,973

jUn-1991 2,544 1,134 1,037 4,715

jUn-1992 2,661 1,028 942 4,631

jUn-1993 2,850 1,404 991 5,245

jUn-1994 3,092 1,466 1,055 5,614

jUn-1995 3,151 1,989 1,207 6,348

jUn-1996 2,839 1,920 1,158 5,917

jUn-1997 2,800 1,914 1,087 5,802

jUn-1998 3,106 2,132 1,249 6,487

jUn-1999 3,589 2,996 1,448 8,032

jUn-2000 4,400 3,215 1,607 9,222

jUn-2001 3,315 2,469 1,233 7,021

jUn-2002 4,000 3,012 1,516 8,528

jUn-2003 4,679 4,128 1,861 10,667

jUn-2004 4,901 4,704 2,167 11,773

jUn-2005 4,797 4,621 2,239 11,657

jUn-2006 4,389 3,802 2,160 10,351

jUn-2007 4,309 3,417 2,072 9,798

jUn-2008 4,283 3,330 2,156 9,770

jUn-2009 4,391 3,271 2,133 9,795

jUn-2010 4,915 3,225 2,179 10,319

jUn-2011 5,167 3,920 2,393 11,480

jUn-2012 4,981 3,670 2,191 10,841

jUn-2013 5,583 5,067 2,081 12,732

jUn-2014 5,956 6,077 2,145 14,178

jUn-2015 7,205 7,176 2,485 16,865



AnnUAL VALUe OF ReSIdenTIAL BUILdInG wORK dOne In new SOUTH wALeS


Sydney deVeLOPMenTOFFICe SeCTOR dATA

Sydney CBd VACAnCy RATeS

PCA GRAde STOCK M2

VACAnCy M2

VAC % JUn-15

VAC % JUn-14

PReMIUM 796,626 41,547 5.2 8.2

GRAdeA 1,843,427 123,737 6.7 9.5

GRAdeB 1,576,404 97,536 6.2 7.6

GRAdeC 559,066 39,394 6.9 7.0

GRAded 188,668 10,464 5.5 7.9

TOTAL 4,964,191 311,678 6.3 8.4

PCA GRAde STOCK M2

VACAnCy M2

VAC % JUn-15

VAC % JUn-14

PReMIUM 36,500 488 1.3 0

GRAdeA 186,296 6,803 3.7 4.7

GRAdeB 430,666 43,080 10.0 11.6

GRAdeC 156,957 14,504 9.2 14.3

GRAded 12,932 748 5.8 5.8

TOTAL 823,351 65,623 8.0 10.0

PCA GRAde STOCK M2

VACAnCy M2

VAC % JUn-15

VAC % JUn-14

GRAdeA 273,617 6,573 2.4 0.2

GRAdeB 219,975 24,272 11.0 9.5

GRAdeC 104,972 17,902 17.1 18.3

GRAded 91,509 2,652 2.9 6.3

TOTAL 690,073 51,399 7.4 6.7

Source:PCA/SavillsResearchQ32015

nORTH Sydney VACAnCy RATeS

PARRAMATTA VACAnCy RATeS


Key MARKeT IndICATORS

Sydney CBd PCA PReMIUM PCA GRAde A PCA GRAde B

LOw HIGH LOw HIGH LOw HIGH

RenTAl–GROSSFACe($/M2) 970 1,510 740 1,020 550 750

RenTAl–neTFACe($/M2) 785 1,300 600 850 450 605

RenTAl–neTeFFeCTIVe($/M2) 513 802 393 493 313 366

OUTGOInGS–OPeRATInG($/M2) 130 145 85 105 70 85

OUTGOInGS–STATUTORy($/M2) 55 65 55 65 30 60

OUTGOInGS–TOTAl($/M2) 185 210 140 170 100 145

TyPICAlleASeTeRM(yeARS) 8 10 7 10 4 7

yIeld–MARkeT(%neTFACeRenTAl) 5.00 5.50 5.50 6.75 6.50 8.00

IRR(%) 7.00 7.50 7.25 7.75 7.75 8.50

CARSPeRMAnenTReSeRVed($/P.C.M) 800 1,000 650 850 550 650

CARSPeRMAnenT($/P.C.M) 750 800 600 700 500 600

OFFICeCOMPOnenTCAPITAlVAlUeS($/M2)

14,273 26,000 8,889 15,455 5,625 9,000

nORTH SHORenORTH Sydney

GRAde A nORTH Sydney

GRAde BnORTH Ryde

GRAde A


RenTAl–GROSSFACe($/M2) 645 880 535 645 405 455

RenTAl–neTFACe($/M2) 525 750 425 525 315 350







IRR(%) 8.00 8.50 8.50 9.00 8.25 8.75

CARSPeRMAnenTReSeRVed($/P.C.M) 550 625 475 550 200 250

CARSPeRMAnenT($/P.C.M) 500 550 400 500 nA nA


7,500 12,000 5,000 7,000 4,200 5,000

Source:SavillsResearchQ32015

Sydney deVeLOPMenTOFFICe SeCTOR dATA


Sydney CBd PCA PReMIUM PCA GRAde A PCA GRAde B


RenTAl–GROSSFACe($/M2) 970 1,510 740 1,020 550 750

RenTAl–neTFACe($/M2) 785 1,300 600 850 450 605







IRR(%) 7.00 7.50 7.25 7.75 7.75 8.50

CARSPeRMAnenTReSeRVed($/P.C.M) 800 1,000 650 850 550 650

CARSPeRMAnenT($/P.C.M) 750 800 600 700 500 600


14,273 26,000 8,889 15,455 5,625 9,000

nORTH SHORenORTH Sydney

GRAde A nORTH Sydney

GRAde BnORTH Ryde

GRAde A


RenTAl–GROSSFACe($/M2) 645 880 535 645 405 455

RenTAl–neTFACe($/M2) 525 750 425 525 315 350







IRR(%) 8.00 8.50 8.50 9.00 8.25 8.75

CARSPeRMAnenTReSeRVed($/P.C.M) 550 625 475 550 200 250

CARSPeRMAnenT($/P.C.M) 500 550 400 500 nA nA


7,500 12,000 5,000 7,000 4,200 5,000



Sydney deVeLOPMenTReTAIL SeCTOR dATA

Sydney enCLOSed CenTReS ReGIOnAL SUB ReGIOnAL neIGHBOURHOOd


MAjORTenAnTneTRenTAl($/M2) 310 660 235 405 225 390

ddSTenAnTneTRenTAl($/M2) 200 450 110 230 nA nA

SPeCIAlTyTenAnTneTRenTAl($/M2)

1,000 2,600 600 1,200 360 900

yIeld-MARkeT(%) 5.25 7.00 6.25 7.50 6.25 9.00

IRR(%) 8.00 9.00 8.50 9.50 8.50 9.50

OUTGOInGS-OPeRATInG($/M2) 135 179 117 151 97 148

OUTGOInGS-STATUTORy($/M2) 24 34 24 37 27 52

OUTGOInGS-TOTAl($/M2) 159 213 141 188 124 200

CAPITAlVAlUeS($/M2) 4,420 12,570 3,130 6,480 2,500 6,240

Sydney ReTAIL SHOPS PITT ST MALL OTHeR CBd

LOw HIGH LOw HIGH

neTRenTAl($/M2) 5,000 10,000 1,000 4,500

yIeld-MARkeT(%) 5.00 6.50 5.50 8.00

OUTGOInGS-OPeRATInG($/M2) 237 288 237 288

OUTGOInGS-STATUTORy($/M2) 37 73 37 73

OUTGOInGS-TOTAl($/M2) 274 361 274 361

CAPITAlVAlUeS($/M2) 100,000 140,000 12,500 80,000

Sydney BULKy GOOdS LOw HIGH

TenAnTneTRenTAl($/M2)>1,000M2 150 450

yIeld-MARkeT(%) 7.75 9.50

IRR(%) 9.50 11.50

OUTGOInGS-OPeRATInG($/M2) 12 40

OUTGOInGS-STATUTORy($/M2) 12 22

OUTGOInGS-TOTAl($/M2) 24 62

CAPITAlVAlUeS($/M2) 1,570 5,800



Sydney enCLOSed CenTReS ReGIOnAL SUB ReGIOnAL neIGHBOURHOOd


MAjORTenAnTneTRenTAl($/M2) 310 660 235 405 225 390

ddSTenAnTneTRenTAl($/M2) 200 450 110 230 nA nA

SPeCIAlTyTenAnTneTRenTAl($/M2)

1,000 2,600 600 1,200 360 900

yIeld-MARkeT(%) 5.25 7.00 6.25 7.50 6.25 9.00

IRR(%) 8.00 9.00 8.50 9.50 8.50 9.50

OUTGOInGS-OPeRATInG($/M2) 135 179 117 151 97 148

OUTGOInGS-STATUTORy($/M2) 24 34 24 37 27 52

OUTGOInGS-TOTAl($/M2) 159 213 141 188 124 200

CAPITAlVAlUeS($/M2) 4,420 12,570 3,130 6,480 2,500 6,240

Sydney ReTAIL SHOPS PITT ST MALL OTHeR CBd

LOw HIGH LOw HIGH

neTRenTAl($/M2) 5,000 10,000 1,000 4,500

yIeld-MARkeT(%) 5.00 6.50 5.50 8.00

OUTGOInGS-OPeRATInG($/M2) 237 288 237 288

OUTGOInGS-STATUTORy($/M2) 37 73 37 73


CAPITAlVAlUeS($/M2) 100,000 140,000 12,500 80,000


Sydney deVeLOPMenT IndUSTRIAL SeCTOR dATA

SOUTH Sydney (ALexAndRIA, BOTAny, BAnKSMeAdOw, ROSeBeRy)

weSTeRn Sydney (ARndeLL PARK, eASTeRn CReeK, eRSKIne PARK, GReySTAneS, HUnTInGwOOd, SMITHFIeLd, weTHeRILL PARK)

PRIMe SeCOndARy

LOw HIGH LOw HIGH

RenTAlneTFACe($/M2) 130 190 90 115

yIeld-MARkeT(%) 6.50 7.00 7.50 8.75

IRR(%) 8.50 9.00 8.75 9.50


CAPITAlVAlUeS($/M2) 1,625 2,375 950 1,350

lAndVAlUeS3,000-5,000M2($/M2)

500-750

lAndVAlUeS10,000-30,000M2($/M2)

450-700

PRIMe SeCOndARy

LOw HIGH LOw HIGH


yIeld-MARkeT(%) 7.75 9.00 8.75 10.00

IRR(%) 9.25 9.50 9.50 10.00


CAPITAlVAlUeS($/M2) 1,500 2,300 1,000 1,300


600-700

lAndVAlUeS10,000-30,000M2($/M2)

400-600

PRIMe SeCOndARy

LOw HIGH LOw HIGH


yIeld-MARkeT(%) 6.50 7.25 7.50 8.50

IRR(%) 8.25 8.75 8.75 9.50


CAPITAlVAlUeS($/M2) 1,100 1,400 700 1,100


350-400

lAndVAlUeS10,000-30,000M2($/M2)

275-325

lAndVAlUeS10HA+($/M2) 275-325


nORTH SHORe (ARTARMOn, LAne COVe, ST LeOnARdS)

BENCHMARKS

66 OfficeBuildingEfficiencies

67 LabourandMaterialsTradeRatios

68 ReinforcementRatios

69 ProgressPaymentClaims

70 KitchenEquipment

72 CommonIndustryAcronyms

73 MethodofMeasurementofBuildingAreas


TheefficiencyofanofficebuildingisexpressedasapercentageoftheNetLettableAreatotheGrossFloorArea.ThetablebelowindicatesthatrelationshiptotheGrossFloorAreaofthewholebuildingbothwithcarparksandbasementsincludedandexcluded,thatcouldbeexpectedforanaverageprojectinthenominatedcategory.Alsoshownistheaveragenettogrossefficiencyoftheofficefloorsonlyineachoftheeightbuildingtypeslistedbelow.

Type of office Building

efficiency

BasemenTs and car parks

included %

excluded %

office floors %

presTige

cBd

10TO25STOREyS 63–68 75-80 85-90

25TO40STOREyS 58-63 70-75 80-85

40TO55STOREyS 53-58 68-73 75-80

invesTmenT

cBd

UPTO10STOREyS 69-74 81-85 86-91

10TO25STOREyS 64-69 76-81 81-86

25TO40STOREyS 59-64 71-76 76-81

invesTmenT, oTher Than

cBd

UPTO10STOREyS 70-75 82-86 87-92

10TO25STOREyS 65-70 77-82 82-87

planT room space

Generallyplantroomspacerepresents6-11%oftheGrossFloorAreaofamulti-storeyofficebuilding.

Benchmarks office Building efficiencies


Benchmarks laBour and maTerial Trade raTios

Thefollowingrepresentstheratioofon-sitelabourtomaterialforvarioustradesandsub-tradesbaseduponourownsurvey.

Thefiguresarerelevanttoallworksconstructedbytraditionalmethods;variationstothesemethodswillchangetheratios,i.e.on-sitefabricationofitemstraditionallyfactoryfabricatedsuchasjoineryfittings,metalworkitems,etc.

PRELIMINARIES 40 10 50

DEMOLISHER 85 15

ExCAvATOR 32 15 53

PILER 20 50 30

INSITUCONCRETOR 25 75

FORMwORKER 70 30

REINFORCEMENTFIxER 20 80

PRECASTCONCRETOR 20 80

BRICKLAyER&BLOCKLAyER 50 50

MASON 10 90

ASPHALTOR 40 60

STRUCTURALSTEELwORK 60 40

METALwORKER 20 80

SUSPENDEDCEILINGFIxER 40 60

CARPENTER 45 55

JOINER 15 85

STEELDECKROOFER 40 60

BITUMINOUSBUILTUPROOFER 30 70

PIPEwORKPLUMBER 60 40

FITTINGPLUMBER 25 75

DRAINER 65 35

PLASTERER 80 20

PLASTERBOARD&FIB.PLASTERFIxER 40 60

CERAMICTILER 55 45

vINyLTILER 45 55

INSITUPAvIOR 75 25

GLAzIER 20 80

PAINTER 75 25

CARPETLAyER 10 90

ROADwORKER&ExTERNALPAvIOR 15 85

AIRCONDITIONINGSPECIALIST 35 65

LIFTINSTALLER 25 75

ELECTRICALSPECIALIST 40 60

wATERFIRESERvICESPECIALIST 44 56

LABOUR MATERIAL FIxEDFACTOR


Thefollowingratiosgiveanindicationoftheaverageweightofrodreinforcementpercubicmetreofconcreteforthelistedelements.Differingstructuralsystemsandsizesofindividualelementsandgridsizeswillcauseconsiderablevariationtothestatedratios.Forprojectspecificratiosastructuralengineershouldbeconsulted.

ave kg/m3 ave kg/m3

STRIPFOOTINGS 50 STRAPBEAMS 120

COLUMNBASES 40 SLABONGROUND 40

PILECAPS 50 SUSPENDEDSLABS100-150MMONEANDTwOwAy

90

BOREDPIER 90 250MMFLATPLATE 120

RAFTFOUNDATION 70 250MMwAFFLE 160

PEDESTAL&STUBCOLUMNS

240 COLUMNS 240

RETAININGwALLS

1-2STOREy 70 BEAMS 170

2-3STOREyS 120

GROUNDBEAMS 120 wALLS(CORE) 140

STAIRS 80

Benchmarks reinforcemenT raTios


Averagerateofclaimsexpenditureonconstructionprojectsfrom $4,000,000 to $34,000,000and/orgreaterthanoneyearbutlessthantwoyearsconstructionperiodtopracticalcompletionaredepictedinthefollowinggraph.

Benchmarks progress paymenT claims

100

90

80

70

60

50

40

30

20

10

CU

MU

LA

TIV

E P

RO

JEC

T E

XP

EN

DIT

UR

E %

100 20 30 40 50 60 70 80 90 100

CONTRACT PERIOD %

BUILDERS WORK

MECHANICAL SERVICES

LIFT SERVICES

ELECTRICAL SERVICES

OVERALL PROJECT


Thefollowingarecostsofkitchenequipmentformealsserviceinvariousfacilitiesandinclude:

– Gas,steamandelectriccooking,serviceandbeveragemakingequipment.

– Kitchenmachineryandconveyorswhereapplicable.

– Coldrooms,refrigerators,freezersandsimilarequipment.

– Stainlesssteeltables,benches,drainers,sinks,backcounters,racks,rails,drawers,etc.

– Mobileandportableitemsofkitchenequipment.

– Storeandcoldroomshelving.

costs are as at fourth Quarter 2015andexclude:

– Buildingworks.

– Mechanical,electricalandplumbingservices.

– Exhaustcanopiesandexhaustventilation.

– Kitchenutensils,chinaware,glassware,cutlery,trays,cashregisters,tables,chairs,etc.

– Goods&ServicesTax(GST).

cafeTerias

Benchmarks kiTchen eQuipmenT

450 MEALS

800 MEALS

1200 MEALS

1600 MEALS

MEALS INCLUDEFULL HOT OR COLD LIGHT HOT OR

COLD, OR SNACK MEALS

TO COMPUTE NUMBER OF MEALSMULTIPLY BY 0.68 THE NUMBER OF

PERSONS IN ESTABLISHMENT AT LUNCHTIME

EXAMPLEOFFICE BUILDING HAS

1175 ON DUTY AT LUNCHTIME

1175 X 0.68 = 799

COST EXAMPLE

800 MEALS AT$1,095/MEAL – $876,500

0

200

400

600

800

1000

1200

1400

1600

1800

700 800 900 1000 1100 1200 1300 1400 1500 1600 1700

$ PER MEAL EXCLUDING GST

NU

MB

ER

OF

LU

NC

H M

EA

LS


hoTels - 4 sTar inTernaTional

hospiTals

$920

$1,050

$1,125

$1,175

$1,200

COMPUTE THE APPROX. NUMBER OFMEALS REQUIRED TO BE SERVED DAILY

EXAMPLE

BRASSERIE 380THEME RESTAURANT 170FINE RESTAURANT 150CONFERENCE FUNCTION & MEETING ROOMS 600ROOM SERVICE 150STAFF CAFETERIA 300 TOTAL 1,750

ADD FOR5 STAR +15-20%5 STAR PLUS + 25-30%

COST EXAMPLE

FOR 4 STAR1,750 MEALS X $1,050 = $1,837,500

NOTE: LIQUOR BARS & LIQUORCOLD ROOMS NOT INCLUDED

500

1000

1500

2000

2500

3000

3500

4000

4500

5000

5500

6000

850 900 950 1000 1050 1100 1150 1200 1250 1300 1350

NU

MB

ER

OF

DA

ILY

ME

AL

S


200

450

700

950

1200

1450

TO COMPUTE NUMBER OF LUNCH MEALS

EXAMPLE300 BEDS X 1.0 = 300

100 MEALS ON WHEELS X 1 = 100440 STAFF X 0.68 = 300

TOTAL 700

COST EXAMPLE700 Meals x $1,966 = $1,376,200

0

200

400

600

800

1000

1200

1400

1600

1800

1000 1200 1400 1600 1800 2000 2200 2400 2600 2800 3000

NU

MB

ER O

F LU

NC

H M

EALS



Benchmarks common indusTry acronyms

projecT managemenT

AA ArchitectsAdvice

ABIC AustralianBuildingIndustryContracts

AI ArchitectsInstruction

AIA AustralianInstituteofArchitects

BCA BuildingCodeofAustralia

BOQ BillofQuantities

BP BuildingPermit

BS BuildingSurveyor

CA ContractAdministration

CAN ConsultantsAdviceNotice

DA DevelopmentApplication

DD DesignDevelopment

DwG Drawing(alsoanAutocadfileformat)

EBD EvidenceBasedDesign

ESD EnvironmentallySustainableDesign

PI ProfessionalIndemnity(Insurance)

PM ProjectManager

QS QuantitySurveyor

RCP ReflectedCeilingPlan

RFI RequestforInformation

SD SchematicDesign

archiTecTural

ABS AcrylonitrileButadieneStyrene(Edging)

AS AustralianStandards

COL Column

CTS Centres(Spacing)

DP Downpipe

ENS Ensuite

Ex Existing

FC FibreCement(Sheet)

FCL FinishedCeilingLevel

FFL FinishedFloorLevel

FR FireRated

GFA GrossFloorArea

HMR HighlyMoistureResistant(Particleboard)

KDHw KilnDriedHardwood

MDF MediumDensityFibreboard

PB Plasterboard

RL RelativeLevel

SS StainlessSteel

TyP Typical

vOC volatileOrganicCompound

wC waterCloset(Toilet)

land surveys

AHD AustralianHeightDatum

AMG AustralianMappingGrid

DP Downpipe

IL InvertLevel

U/G Underground

RL RelativeLevel

sTrucTural drawings

CFw ContinuousFilletweld

CHS CylindricalHollowSection

CJ ConstructionJoint

EA EqualAngle

PFC ParallelFlangeChannel

RB RoofBeam

RHS RectangularHollowSection

SB SillBeam

SHS SquareHollowSection

TB TieBeam

UA UnequalAngle

UB UniversalBeam

UC UniversalColumn

wT wallTie

hydraulic drawings

DCw DomesticColdwater

DHw DomesticHotwater

FH FireHydrant

FHR FireHoseReel

FIP FireIndicatorPanel

FS FireService

Fw Floorwaste

HwS HotwaterSystem

TD Tundish

TMv ThermostaticMixingvalve

UPvC UnplasticatedPolyvinylChloride(Pipework)

vP ventPipe

mechanical drawings

A/C AirConditioning

A/P AccessPanel

ACU AirConditioningUnit

AHU AirHandlingUnit

CU CondensingUnit

FCU FanCoilUnit

FD FireDamper

R/A ReturnAir

S/A SupplyAir

SD SmokeDamper

elecTrical drawings

DB DistributionBoard

DGPO DoubleGeneralPowerOutlet

GPO GeneralPowerOutlet

MSB MainSwitchboard

RCD ResidualCurrentDevice

SB Switchboard


Benchmarks meThod of measuremenT of Building areas

TherulesformeasurementofbuildingareasaredefinedbytheAustralianInstituteofQuantitySurveyorsandtheAustralianInstituteofArchitects.

Thedefinitionsareasfollows:Unitofmeasurement:squaremetres(m2).

gross floor area (g.f.a.)

Thesumofthe“FullyEnclosedCoveredArea”and“UnenclosedCoveredArea”asdefined.

fully enclosed covered area (f.e.c.a.)

Thesumofallsuchareasatallbuildingfloorlevels,includingbasements(exceptunexcavatedportions),flooredroofspacesandattics,garages,penthouses,enclosedporchesandattachedenclosedcoveredwaysalongsidebuildings,equipmentrooms,liftshafts,verticalducts,staircasesandanyotherfullyenclosedspacesandusableareasofthebuilding,computedbymeasuringfromthenormalinsidefaceofexteriorwallsbutignoringanyprojectionssuchasplinths,columns,piersandthelikewhichprojectfromthenormalinsidefaceofexteriorwalls.Itshallnotincludeopencourts,lightwells,connectingorisolatedcoveredwaysandnetopenareasorupperportionsofrooms,lobbies,halls,interstitialspacesandthelikewhichextendthroughthestoreybeingcomputed.

unenclosed covered area (u.c.a.)

Thesumofallsuchareasatallbuildingfloorlevels,includingroofedbalconies,openverandahs,porchesandporticos,attachedopencoveredwaysalongsidebuildings,undercroftsandusablespaceunderbuildings,unenclosedaccessgalleries(includinggroundfloor)andanyothertrafficablecoveredareasofthebuildingwhicharenottotallyenclosedbyfullheightwalls,computedbymeasuringtheareabetweentheenclosingwallsorbalustrade(i.e.fromtheinsidefaceoftheU.C.A.excludingthewallorbalustradethickness).whenthecoveringelement(i.e.rooforupperfloor)issupportedbycolumns,iscantileveredorissuspended,oranycombinationofthese,themeasurementsshallbetakentotheedgeofthepavingortotheedgeofthecover,whicheveristhelesser.U.C.A.shallnotincludeeavesoverhangs,sunshading,awningsandthelikewherethesedonotrelatetotheclearlydefindedtrafficableareas,norshallitincludeconnectingorisolatedcoveredways.


Building area (Ba)

Thetotalenclosedandunenclosedareaofthebuildingatallbuildingfloorlevelsmeasuredbetweenthenormaloutsidefaceofanyenclosingwalls,balustradesandsupports.

usaBle floor area (u.f.a.)

Thesumofthefloorareasmeasuredatfloorlevelfromthegeneralinsidefaceofwallsofallinteriorspacesrelatedtotheprimaryfunctionofthebuilding.Thiswillnormallybecomputedbycalculatingthe“FullyEnclosedCoveredArea”(F.E.C.A)anddeductingallthefollowingareassupplementarytotheprimaryfunctionofthebuilding:

deductions

(a)CommonUseAreas(b)ServiceAreas(c)Non-HabitableAreas

neT leTTaBle area (nla)

applicationCalculatingtenancyareasin:

• officebuildings;and,

• officeandbusinessparks.

definition3.1 Thenetlettableareaofabuildingisthesumofits

wholefloorlettableareas.

3.2 NetLettableArea–wholeFloors

Thewholefloornetlettableareaiscalculatedby:

3.2.1 takingmeasurementsfromtheinternalfinishedsurfacesofpermanentinternalwallsandtheinternalfinishedsurfacesofdominantportionsofthepermanentouterbuildingwalls.



3.2.2 Includedinthelettableareacalculationare:

3.2.2.1 windowmullions

3.2.2.2 windowframes

3.2.2.3 structuralcolumns

3.2.2.4 engagedperimetercolumnsorpiers

3.2.2.5 firehosereelsattachedtowalls,and,

3.2.2.6 additionalfacilitiesspeciallyconstructedfororusedbyindividualtenantsthatarenotcoveredinsection3.2.3below.

3.2.3 Excludedfromthelettableareaofeachtenancyare:

3.2.3.1 stairs,accessways,firestairs,toilets,recesseddoorways,cupboards,telecommunicationscupboards,firehosereelcupboards,liftshafts,escalators,smokelobbies,plant/motorrooms;and,tearoomsandotherserviceareas;whereallareprovidedasstandardfacilitiesinthebuilding.

3.2.3.2 liftlobbieswhereliftsfaceotherlifts,blankwallsorareaslistedinsection3.2.3.1above


3.2.3.3 areassetasidefortheprovisionofallservices,suchaselectricalortelephoneductsandairconditioningriserstothefloor,wheresuchfacilitiesarestandardfacilitiesinthebuilding

3.2.3.4 areadedicatedaspublicspacesorthoroughfaressuchasfoyers,atriaandaccesswaysinliftandbuildingserviceareas

3.2.3.5 areasandaccesswayssetasideforusebyservicevehiclesandfordeliveryofgoods,wheresuchareasarenotfortheexclusiveuseofoccupiersofthefloororbuilding

3.2.3.6 areasandaccesswayssetasideforcarparking,and,

3.2.3.7 areaswherethereislessthan1.5metreheightclearanceabovefloorlevel–thesespacesshouldbemeasuredandrecordedseparately.

3.3 NetLettableArea–

Follow3.2butmeasuretothecentrelineofinter-tenancywallsorpartitionsexceptwherethewallsorpartitionsadjoinpublicareas,suchaslobbiesandcorridors,inwhichcasemeasuretothelineofthedominantportionoftheirpublicareafaces.

3.4 TreatmentofBalconies,verandahsetc.

Balconies,terraces,planterboxes,verandahs,awningsandcoveredareasshouldbeexcludedfromtenancyareacalculations,butmaybeseparatelyidentifiedforthepurposeofnegotiatingrentals.

Areasshouldbemeasuredtotheinsidefaceoftheenclosingwallsorstructures.Theouteredgeoftheawningorcoveredareaisthedefinededge.


ASSETS&FACILITIES

78 SustainabilityandQuality

79 ManagementStandards

80 UsefulLifeAnalysis

81 Outgoings

82 EssentialSafetyMeasures

83 CapitalAllowances(TaxDepreciation)

ThroughtheRiderLevettBucknall|Lifesuiteofservices,weareabletoprovidemeaningful,practical,commercialadvicetoclientsinthedeliveryofsustainableandeconomicallyresponsibleprojects.

Theserviceshelpbuildingownersunderstandthelifevalueandexpectancyoftheirbuildings’wholelifecostsandprovideoptionstoextendtheusefullifeofbuildingsandmaintainquality.


AccordingtotheGreenBuildingCouncilofAustralia(GBCA),buildingshaveasignificantimpactontheglobalenvironment,consuming32%oftheworld’sresources,including12%ofitswaterandupto40%ofitsenergy.Buildingsalsoproduce40%ofwastegoingtolandfilland40%ofairemissions.Sustainabilityisconcernedwithimprovingthequalityoflifewhilelivingwithinthecarryingcapacityofsupportingecosystems.Theplanning,deliveringandmanagingourBuiltEnvironmentrequiresabalancebetweenenvironmental,economicandsocialfactors.Theprovisionofamoreproductive,sustainableandliveableBuiltEnvironmentisbestconsideredincollaborationwithallthestakeholders,includingowners,managersandtenants.Thisprocessshouldincludenotonlythereviewofsustainabilityobjectivesandinitiatives,butaddressfunctionalrequirementsandwholeoflifecostingsalongwiththeimplementationoffacilitiesplanningandassetmanagementstrategies.RatingsystemsdevelopedtoassistwiththebenchmarkingofbuildingswithinAustraliainclude:• green star–TheGBCA’ssixstarEnvironmentalratingsystem

evaluatesthedesignandconstructionofbuildingsintermsofenergyandwaterefficiency,indoorenvironmentalqualityandresourceconservation.BuildingsassessedusingtheGreenStar–PerformanceratingtoolcanachieveaGreenStarratingfrom1–6StarGreenStar.GreenStarratingtoolscoverbuildingDesign&AsBuilt,Interiors,CommunitiesandPerformance.

• naBers–NationalAustralianBuiltEnvironmentRatingSystemisanationalprogrammanagedbytheNSwDepartmentofEnvironmentandheritage.NABERSisanationalratingsystemthatmeasurestheenvironmentalperformanceofAustralianbuildings,tenanciesandhomes.Putsimply,NABERSmeasurestheenergyefficiency,waterusage,wastemanagementandindoorenvironmentqualityofabuildingortenancyanditsimpactontheenvironment.Additionally,aNABERSEnergyratingisamandatoryreportingrequirementundertheCommercialBuildingDisclosure(CBD)Program–anationalprogramdesignedtoimprovetheenergyefficiencyofAustralia’slargeofficebuildings.

• Quality–PropertyCouncilofAustralia(PCA)’s“a Guide to Office Building Quality”(2006,2012),providesseparatetoolsforassessingofficebuildingqualityinnewandexistingbuildings.Thetoolsprovideaguidetoparametersthattypicallyinfluencebuildingquality.Theyofferavoluntary,market-basedapproachtoclassifyingbuildingcharacteristicsandperformance.The2ndeditionoftheguidetookeffecton1January2012andincludesexpandedenvironmentalperformancecriteriaforEnergy,water,wasteandIndoorEnvironment.Additionally,theBuildingManagementcriteriawasexpandedtoincludeLevelofService,EnergyandwaterSub-MeteringandLifeCycle/MaintenancePlanrequirements.

RLBhavestaffaccreditedintheuseofGreenStar,NABERS,alongwithLEED,BREEAM,GreenMarkandotherinternationalstandards.RLBalsoprovidesBuildingQualityAssessment(BQA)services.

asseTs & faciliTiessusTainaBiliTy and QualiTy


Sincelate2012StandardsAustralia,supportedbyFMAAustralia,PCA,RICS,SBEnrc,TEFMAandotherindustrybodies,havebeeninvolvedwiththeISO’sinternationalfacilities management (fm)standardsinitiative.Todatethishasinvolved32countries,plusEuroFM,lookingatTermsandDefinitionsandGuidanceonstrategicsourcing.

Separately,therewasthereleasein2014oftheISO55000seriesforasset management (am).Thiscomprisesthreeparts:Overview,principlesandterminology;Managementsystemsrequirements;andGuidelinesfortheapplicationofthe standard.ISO55000specifiestherequirementsfortheestablishment,implementation,maintenanceandimprovementofamanagementsystemforassetmanagement,referredtoasan“assetmanagementsystem”forthosewishingto:

• improvetherealisationofvaluefortheirorganizationfromtheirassetbase

• involvedintheestablishment,implementation,maintenanceandimprovementofanassetmanagementsystem,and

• involvedintheplanning,design,implementationandreviewofassetmanagementactivitiesalongwithserviceproviders.

asseTs & faciliTies managemenT sTandards

Meanwhile,fma australia’slocaleffortsinclude“An Operational Guide To Sustainable Facilities Management”(2010)–apracticaldocumentthatprovidestechnicalguidanceinachievingamoresustainableFMapproachintheAustraliancontext.Theguidecoverspolicyandlegislationissues,implementingsustainability,energyefficiency,watermanagement,wastemanagement,indoorenvironmentquality(IEQ),monitoringandreporting,procurementandknowledgetransfer.

Internationallyusefulpublicationshaveincludedtheifma foundation’s“Benchmarking for Facility Professionals”(2014)andifma’s“High Stakes Business: People, Property and Services”(2014),aguidetoemergencypreparednessandbusinesscontinuityplanningasastrategicpriority.

rlBcanprovidesupportacrossthelatestinAMandFMpractices.

AC

QU

IRE

MA

INT

AIN

MA

INT

AIN

DIS

PO

SE

UP

GR

AD

E


asseTs & faciliTiesuseful life analysis

life cycle analysis

LifeCycleStudiesrecognisethatevery‘whole’assetconsistsofmanycomponentparts,eachwithitsownlifeexpectancy,interrelationships,resultingqualityandmaintenanceissues.However,inadditiontophysicalobsolescence,usefullifeexpectancyisalsodependentontheinfluenceofeconomic,functional,technological,socialandlegalobsolescence.

weighTed average service life

weightedAverageServiceLife(wASL)isamethodologyusedtodeterminethe“UsefulLife”ofanasset.ForbuildingsthewASListhecollectiveresultofapplyingservicelifecriteriatoeachelementofacostanalysis;excludingcapitalrecurrentexpenditureotherthanroutinemaintenance.

relifing

RElifingtakesthe“wASL”astagefurtherbyconsideringtheeffectofcapitalupgrades,refurbishments,replacementofplant,architecturalfabricandfinishes.BelowisagraphicalrepresentationofaRElifingprofileforatypicalofficebuilding,comparedtothebasewASL.RElifinganalysisisusefulfordevelopers,ownersandoccupiersinfinancialplanning,calculatingdepreciationandinthenegotiationoflongtermpropertycosts.

40

35

30

25

20

15

10

5

05 10 15 20 25 30 35 40 45 50 55 60 65 70

RELIFING WASL

WA

SL

BUILDING USEFUL LIFE


OutgoingsarethecostsrequiredtooperateapropertythataregenerallyrecoverablebyaLandlordfromthetenants.Therecoveryofoutgoingsisusuallycalculatedbyasharingofcostsamongsttenantsrelativetotheirleaseholdinterest.Theygenerallycovertherecurrentcostsforthedeliveryofservices,maintenance,powerandstatutoryandmanagementcosts.

Thelevelofrecoveryofoutgoingsisnormallygovernedandregulatedbyleasesandotheragreementswithtenants.

Thecostofoutgoingsvariesdependingupon:

• thelevelofmanagementandservicesprovided

• leaseagreements

• quality,typeandefficiencyofthebuilding

• locationandstatutoryregimesapplicable

Thefollowinggraphshighlighttypicalcomponentusageofbothenergyandwaterconsumptionforofficebuildings.

asseTs & faciliTies ouTgoings

TYPICAL OFFICE ENERGY USAGE

DOMESTIC HOT WATER 2%

HEATING 5%

CHILLER 24%

PUMPS 7%

FANS 17%

EQUIPMENT 19%

LIGHTS 23%

LIFTS 3%

TYPICAL OFFICE WATER USAGE

IRRIGATION 1%

LEAKAGE 26%

AMENITIES 37%

COOLING TOWERS 31%

OTHERS 2%

RETAIL 3%


Thefollowingtableprovidesabriefoverviewofbuildingowners’responsibilitieswithregardtocertifyingtheannualmaintenanceofessentialsafetysystemsandmeasureswithincommercialbuildings.

asseTs & faciliTies essenTial safeTy measures

TherelevantlegislationgoverningrequirementsrelatingtoessentialsafetymeasuresbyStateis:

vic BuildingRegulations2006Part12

Qld QueenslandFireandRescueServiceAct2004

nsw EnvironmentalPlanningandAssessmentRegulations2000

sa SADevelopmentAct1993&Minister’sSpecificationsSA76

Tas FireServicesAct1979&GeneralFireRegulations2000

acT ACTEmergenciesAct2004

wa Nospecificlegislation

note:Theaboveisabriefguideonly.Otherstateornationallegislationandlawsmayalsoberelevant.Itisrecommendedthatallpropertyownersconsultabuildingsurveyorregardingresponsibilitiesassociatedwithmaintenanceofessentialmeasureswithintheirbuildings.

vic

Ql

d

ns

w

sa

Ta

s

ac

T

wa

ISMAINTENANCEOFESSENTIALSAFETyMEASURESREQUIREDByLEGISLATION(OTHERTHANBCA)?

3 3 3 3 3 3 7

ISTHEREAPRESCRIBEDFORMOFCERTIFICATE? 3 3 3 3 3 7 7CERTIFICATEREQUIREDTOBEDISPLAyED 7 7 3 7 3 NA NA

CERTIFICATEREQUIREDTOBEFORwARDEDTOANAUTHORITy 7 3 3 3 7 NA NA

CANFINESBEIMPOSEDIFMAINTENANCEISNOTCARRIEDOUT?

3 3 3 7 3 3 NA


TheAustralianTaxationOffice(ATO)allowsataxdeductionfortherecoveryofthecostofassetsusedinabusinessorfortheproductionofincome.TheIncomeTaxAssessmentAct(ITAA)allowstwotypesofallowancesforassets:

division 40 - depreciating assets Assetswithalimitedeffectivelifethatarereasonably

expectedtodeclineinvalue.Thedeclineinvalueisbasedonthecostandeffectivelifeofthedepreciatingasset,notitsactualchangeinvalue.Examplesofthesearecarpet,airconditioningplant,lightsetc.

division 43 – capital allowances CapitalallowancesaretheBuildingAllowanceand

StructuralImprovementdeductionsthatareavailableforbuildings.Depreciatingratesareeither2.5%or4%dependentontheuseofthebuildingandconstructioncommencementdate.

TheATOissuedthelatesteffectivelifereviewofassetsunderTR2015/2whichcameintoeffectonthe1stJuly2015.

ThefollowingbroadprinciplesoutlinetheratesofdepreciationdeductionsrelativetoincomeproducingassetsunderITAA1997(Division40&43).

• Theeffectivelifeandhencetherateofdepreciationofanitemofplantcanbeself-assessedbythetaxpayer.

• DepreciatingAssets(Division40)aresubjecttoabalancingadjustmentondisposal.CapitalworksDeductions(Division43)aresubjecttoCapitalGainsTaxondisposal.

• Lowvaluepooloptionforassetslessthan$1,000invaluedepreciatedat18.75%inthefirstyearand37.50%insubsequentyears.

• TheDiminishingvaluerateiscurrently200%ofPrimeCostrate(excludingLowvaluePool),withtheeffectofacceleratingthetaxwriteoffinearlieryearsoftheasset’slife.

asseTs & faciliTies capiTal allowances (Tax depreciaTion)

Typicalpercentageapportionmentofdepreciationallowancesbasedonnew$300mCommercialOfficeTowerwith6StarGreenStarcertification.

TOTAL ALLOWANCES ($)

27% DIVISION 40

70% DIVISION 43

NON - QUALIFYING 3%

RLBemploysqualifiedstaff,whoareregisteredwiththeTaxPractitionersBoardundertheTaxAgentServicesAct2009,forthepreparationofCapitalAllowanceReports.


schedule of asseTs prime cosT %

diminishing value

%

The following lisT gives a sample of eligiBle depreciaTing asseTs.

office Building

HOTwATERINSTALLATIONS 6.667 13.333

MULTITyPEFIREDETECTIONSySTEMS 4-16.67 8-33.33

CENTRALAIRCONDITIONING(vARIOUSRATESAPPLyTOEQUIPMENTCOMPONENTS)

4-10 8-20

ROOMAIRCONDITIONING 10 20

PACKAGEDAIRCONDITIONING 6.667 13.333

ELECTRICHANDDRyERS 10 20

DEMOUNTABLEPARTITIONS 5 10

SECURITySySTEMS 14.286-50 28.572-100

LIGHTINGPLANT 5 10

vINyLFLOORING 10 20

CARPET 12.5 25

wINDOwBLINDS 5 10

OFFICEFURNITURE,FREESTANDING 4-10 8-20

ESCALATORS 5 10

LIFTS,ELEvATORSANDHOISTS 3.333 6.667

SIGNAGEFORBUSINESSIDENTIFICATION 10 20

hoTels, moTels

CARPETS 14.286 28.572

wINDOwBLINDSANDCURTAINS 16.667 33.333

FURNITUREANDFITTINGS(FREESTANDING) 14.286-20 28.572-40

HOTwATERSySTEMS 10 20

BEDSANDBEDDING 14.286-50 28.572-100

shopping cenTres

generally The lisT for office Buildings will apply wiTh The following addiTion:

FLOATINGTIMBERFLOORS 10 20

FURNITURE,FREESTANDING 10 20

indusTrial

generally The lisT for office Buildings will apply wiTh The following addiTions:

CRANES 5 10

GANTRIES 3 6

DOCKLEvELLERS 5 10

INFLATABLEDOCKSEALS 10 20

residenTial

EFFECTIvEFROM1STJULy2004

floor coverings:

CARPET 10 20

FLOATINGTIMBER 6.667 13.333

hoTwaTer sysTems (excluding piping):

ELECTRICANDGAS 8.333 16.667

SOLAR 6.667 13.333

miscellaneous:

INTERCOMSySTEMASSETS 10 20

wINDOwBLINDS 10 20

ROOMAIRCONDITIONING 10 20

kiTchen asseTs:

COOKTOPS,OvENS,RANGEHOODS 8.333 16.667

DISHwASHERS,wASHINGMACHINES,CLOTHESDRyERS

10 20

asseTs & faciliTies capiTal allowances (Tax depreciaTion)

OFFICESAROUNDTHEwORLD

86 Oceania

87 Africa

87 MiddleEast

88 UnitedKingdom

88 Asia

91 Americas


offices around The world

ausTraliaadelaideRiderLevettBucknallSAPtyLtdLevel1,8LeighStreet,Adelaide,SA5000Telephone:+61881001200Email:[email protected]: PeterTulla

BrisBaneRiderLevettBucknallQLDPtyLtdLevel13,10EagleStreet,BrisbaneQLD4000Telephone:+61730096933Email:[email protected]: DaveStewart

cairnsRiderLevettBucknallQLDPtyLtdSuite7,1stFloor,CairnsProfessionalCentre,92-96PeaseStreet,CairnsQLD4870Telephone:+61740321533Email:[email protected]: NicholasDuncan

canBerraRiderLevettBucknallACTPtyLtd16BenthamStreet,yarralumlaACT2600Telephone:+61262815446Email:[email protected]: MarkChappe

darwinRiderLevettBucknallNTPtyLtdLevel4,62CavanaghStreet,DarwinNT0800Telephone:+61889412262Email:[email protected]: PaulLassemillante

gold coasTRiderLevettBucknallQLDPtyLtd45NerangStreet,SouthportQLD4215Telephone:+61755956900Email:[email protected]: StuartHoughton

melBourneRiderLevettBucknallvICPtyLtdLevel13,380St.KildaRoad,MelbournevIC3004Telephone: +61396906111Email:[email protected]: EwenMcDonald

newcasTleRiderLevettBucknallNSwPtyLtd63LindsayStreet,HamiltonNSw2303Telephone:+61249400000Email:[email protected]: MarkHocking

norThern nswRiderLevettBucknallNSwPtyLtdLevel1,9ParkAvenue,CoffsHarbourNSw2450Telephone:+61266592060Email:[email protected]: MarkHocking

perThRiderLevettBucknallwAPtyLtdLevel9,160StGeorgesTce,Perth,wA6000Telephone:+61894211230Email:[email protected]: AlastairMcMichael

sunshine coasTRiderLevettBucknallQLDPtyLtd63TheEsplanade,MaroochydoreQLD4558Telephone:+61754433622Email:[email protected]: DavidStewart

sydneyRiderLevettBucknallNSwPtyLtdLevel19,141walkerStreet,NorthSydneyNSw2060Telephone:+61299222277Email:[email protected]: MatthewHarris

TownsvilleRiderLevettBucknallQLDPtyLtdLevel1,45EyreStreet,Northward,TownsvilleQLD4810Telephone:+61747715718Email:[email protected]: ChrisMarais

new ZealandaucklandRiderLevettBucknallAucklandLtdLevel16,veroCentre,48ShortlandStreet,Auckland1141Telephone:+6493091074Email:[email protected]: StephenGracey

chrisTchurchRiderLevettBucknallChristchurchLtdLevel1,UnitJA,1RadcliffeRoad,Belfast,Christchurch8051Telephone:+6433546873Email:[email protected]: MalcolmTimms


palmersTon norThRiderLevettBucknallPalmerstonNorthLtdSuite1,Level1,219BroadwayAvenue,PalmerstonNorth4440Telephone:+6463570326Email:[email protected]: MichaelCraine

QueensTownRiderLevettBucknallOtagoLtdLevel2,36ShotoverStreet,Queenstown9348Telephone:+6434090325Email:[email protected]: ChrisHaines

TaurangaRiderLevettBucknallAucklandLtdGroundFloor,3/602CameronRoad,Tauranga3141Telephone:+6475795873Email:[email protected]: MartinGrace

wellingTonRiderLevettBucknallwellingtonLtdLevel1,279willisStreet,wellington6011Telephone:+6443849198Email:[email protected]: TonySutherland

africapenTad QuanTiTy surveyor (pTy) lTd.

johannesBurgBlockB,LittleFourwaysOfficePark,1LeslieAvenueEast,Fourways,Johannesburg,SouthAfricaTelephone:+27115484000Contact:LeonCronje

cape Town9thFloor,22BreeStreet,CapeTown,SouthAfricaTelephone:+27214189977Contact:MartinMeinesz

preToria 1stFloor,BuildingA,LynnwoodBridgeOfficePark,Pretoria,SouthAfricaTelephone:+27123481040Contact:NicolasSheard

gaBarone (BoTswana)Plot39,Unit7,InternationalCommercePark,Gabarone,BotswanaTelephone:+27832260303Contact:NicolasSheard

porT louis (mauriTius)GroundFloor,Office4,ENLHouse,vivéaBusinessPark,Moka,MauritiusTelephone:+23057678815Contact:MarvindBeetul

mapuTo (moZamBiQue)RuaDomEstêvãoAtaíde,nº38/42,noBairrodaSommerschield1,Maputo,MozambiqueTelephone:+258824078580Contact:Charléviljoen

middle easTaBu dhaBiMezzanineLevel,AlMazroueiBuilding,MuroorRoad,POBox105766AbuDhabi,UnitedArabEmiratesTelephone:+97126433691Email:[email protected]: TonyBratt

dohaOffice32,SecondFloor,AlMirqabComplex,AlMirqabAlJadeedStreet,AlNaserArea,Doha,QatarTelephone:+97440162777Email:[email protected]: SamGraham

duBaiOasisCentre,Level3,Suite9,SheikhzayedRoad,P.O.Box115882,Dubai,UnitedArabEmiratesTelephone:+97143397444Email:[email protected]: RobEdgecombe

muscaTBuildingNo.287,18thNovemberRoad,NorthAzaiba,SultanateofOmanTelephone:+96824499676Email:[email protected]: RockyChan

riyadhPOBox53911,Riyadh11593,SaudiArabiaTelephone:+966506633288Email:[email protected]: JohnPrior



uniTed kingdomBirchwoodSuiteA4,ChadwickHouse,BirchwoodPark,warringtonwA36AETelephone:+4401925851787Email:[email protected]: DeryckBarton

BirminghamCathedralCourt,15ColmoreRow,Birmingham,B32BHTelephone:+4401215031500Email:[email protected]: NigelMason

BrisTolEmbassyHouse,86QueensAvenue,Bristol,BS81SBTelephone:+4401179741122Email:[email protected]: JackiePinder

glasgow151westGeorgeStreet,GlasgowG22JJTelephone:+4401412286274Email:[email protected]: DeanSheehy

leedsAtlasHouse,31KingStreet,LeedsLS12HLTelephone:+4401134573225Email:[email protected]: MatthewGosling

london2ndFloor,60NewBroadStreet,London,EC2M1JJTelephone:+4402073988300Email:[email protected]: PhilBreeden

manchesTer8ExchangeQuay,SalfordQuays,Manchester,M53EJTelephone:+4401618687700Email:[email protected]: ChrisHartley

newcasTleEvansBusinessCentre,DurhamwaySouth,AycliffeIndustrialPark,NewtonAycliffe,CountyDurham,DL56xPTelephone:+4401215031500Email:[email protected]: Markweaver

sheffield6thFloorOrchardLanewing,FountainPrecinct,BalmGreen,Sheffield,S12JATelephone:+4401142733300Email:[email protected]: MatthewGosling

welwyn garden ciTy29BroadwaterRoad,welwynGardenCity,Hertfordshire,AL73BQTelephone:+4401707800440Email:[email protected]: GordonGlenn

wokingham1000EskdaleRoad,winnershTriangle,wokingham,Berkshire,RG415TSTelephone:+4401189743600Email:[email protected]: MichaelRighton

chinaBeijingRoom1803-1809,18thFloor,EastOceanCentre,24AJianGuoMenwaiAvenue,ChaoyangDistrict,Beijing100004,ChinaTelephone:+861065155818Email:[email protected]: SimonTuen

chengdu29thFloor,SquareOne,No.18DongyuStreet,JinjiangDistrict,Chengdu610016,SichuanProvince,ChinaTelephone:+862886703382Email:[email protected]: EricLau

chongQingRoom3007-3008,30thFloor,MetropolitanTower,No.68zourongRoad,CentralDistrict,Chongqing400010,ChinaTelephone:+862363806628Email:[email protected]: DannyChow

dalianRoom1103,11thFloor,xiwangTower,No.136zhongshanRoad,zhongshanDistrict,Dalian116001,LiaoningProvince,ChinaTelephone:+8641139737778Email:[email protected]: SimonTuen


guangZhouRoom601,6Floor,TaikooHuiTower,385TianHeRoad,Guangzhou510620,GuangzhouProvinceTelephone:+862087321801Email:[email protected]: DannyChow

guiyangRoomE,12thFloor,FuzhongInternationalPlaza,126xinHuaRoad,Guiyang550002,GuizhouProvince,ChinaTelephone:+868515533818Email:[email protected]: DannyChow

haikouRoom1708,17thFloor,FortuneCenter,38DaTongRoad,Haikou570102,HainanProvince,ChinaTelephone:+8689866726638Email:[email protected]: StephenLai

hangZhouRoom2306,23rdFloor,DeepBluePlaza,No.203,zhaoHuiRoad,Hangzhou,310014zhejiangProvince,ChinaTelephone:+8657185393028Email:[email protected]: IrisLee

hong kong20thFloor,EasternCentralPlaza,3yiuHingRoad,ShaukeiwanTelephone:+85228231823Email:[email protected]: PhilipLo

macauAlamedaDr.CarlosD’Assumpção,No.398EdificioCNAC9°Andar,I-JMacauSARTelephone:+85328753088Email:[email protected]: KennethKwan

nanjingRoom1202,SouthTowerNIC,201zhongyangRoad,Nanjing210009,JiangSuProvince,ChinaTelephone:+862586780300Email:[email protected]: EricFong

QingdaoRoom2019,20thFloor,ParksonCommericalPlaza,44-60zhongshanRoad,ShinanDistrict,Quingdao266001,ShandongProvinces,ChinaTelephone:+8653286123015Email:[email protected]:StephenLiu

shanghai22ndFloor,GreentechTower,436HengfengRoad,zhabeiDistrict,Shanghai200070,ChinaTelephone:+862163301999Email:[email protected]: w.Q.wang

shenyang25thFloor,TowerA,PresidentBuilding,No.69HepingNorthAvenue,HepingDistrict,Shenyang110003,LiaoningProvince,ChinaTelephone:+862423965516Email:[email protected]: C.H.Chan

shenZhenRoom4510-4513,45thFloor,ShunHingSquareDiwangCommercialCentre,5002ShennanRoadEast,Shenzhen518001,GuangdongProvince,ChinaTelephone:+8675582460959Email:[email protected]: KennethKwan

TianjinRoom1908,19thFloor,TianjinInternationalBuilding,75NanjingRoad,HepingDistrict,Tianjin300050,ChinaTelephone:+862223396632Email:[email protected]: StephenLai

wuhanRoom2301,23rdFloor,NewworldInternationalTradeCentre,No.568JiansheAvenue,wuhan430022,HubeiProvince,ChinaTelephone:+862768850986Email:[email protected]: StephenLai


wuxiRoom1205-1206,12thFloor,wealthBuilding,No.220RenMinzhongRoad,wuxi214000,JiangsuProvince,ChinaTelephone:+8651082740266Email:[email protected]: w.Q.wang

xianRoom2906,29thFloor,DigitalPlaza,Hi-TechInternationalBusinessCentre,33KejiRoad,xian710075,ShaanxiProvince,ChinaTelephone:+862988337433Email:[email protected]: StephenLiu

ZhuhaiRoom3108,31stFloorEverbrightInternationalTradeCentre,No.47Haibinnanlu,Jida,zhuhai519015,GuangdongProvince,ChinaTelephone:+867563889010Email:[email protected]: KennethKwan

indonesiajakarTaJl.Jend.SurdirmanKav45-46,SampoernaStrategicSquareSouthTower,level18,Jakarta12930,IndonesiaTelephone:+62215750828Email:[email protected]: winstonHauw

malaysiakuala lumpurB2-6-3SolarisDutamas,No1JalanDutamas,50480KualaLumpur,MalaysiaTelephone:+60362079991Email:[email protected]: K.F.Lai

philippinesceBuSuite602,PDICondominium,Arch.BishopReyesAvenue,Cor.,J.PanisSt.,Banilad,CebuCity,PhilippinesTelephone:+63322680072Email:[email protected]: CorazonClemenaBallard

davaoDoor1,Ram-LineResourcesBuilding,RCastilloStreet,AgdaoDistrict,DavaoCity8000,PhilippinesTelephone:+630822350995Email:[email protected]: CorazonClemenaBallard

manilaCorazonClemeñaCompound,54DannyFloroStreet,BagongIlogPasigCity,PhilippinesTelephone: +6326340535

+6326343124Email:[email protected]: CorazonClemenaBallard

singaporesingapore150BeachRoad,#09-01Gatewaywest,Singapore189720Telephone:+6563391500Email:[email protected]: winstonHauw

souTh koreaseoulyeoksam-Dong,yejiBuilding,3rdFloor,513Nonhyeon-Ro,Gangnam-Gu,Seoul135-909,KoreaTelephone:+8225822834Email:[email protected]: StephenLai



vieTnamho chi minh ciTyCentecTower,16thFloor,Unit1603,72-74NguyenThiMinhKhaiStreet,ward6,District3HoChiMinhCity,vietnamTelephone:+84838238070Email:[email protected]: OngChoonBeng

canadacalgaryCampanaPlace,200-60914thStreetNw,Calgary,AlbertaT2N2A1,CanadaTelephone:+14035710505Email:[email protected]: PeterKnowles

ToronToRLB|CRSPCostConsultants2319FairviewStreet,Suite609Burlington,OntarioL7R2E3Telephone:+19056318210Email:[email protected]:JoePendlebury

cariBBean

BahamasPOBoxN-10977CableBeachwestBayStreet,NassauTelephone:+12426779124Email:[email protected]:GordonGlen

BarBados and sT. luciaRiderLevettBucknallAltmanRealEstateAnnex,Derricks,St.James,BarbadosTelephone:+12464325795Email:[email protected]: RobertHoyle

cayman islandsRiderLevettBucknallFourthFloor,GenesisBuilding,13GenesisClose,POBox1489,GrandCayman,Ky1-1110Telephone:+13459466063Email:[email protected]: MartynBould

usaausTin111CongressAvenue,Suite400,Austin,Texas78701Telephone:+15127043026Email:[email protected]:RubenRodriguez

BosTonTwoFinancialCenter,Suite810,60SouthStreet,Boston,Massachusetts02111Telephone:+16177379339Email:[email protected]: GrantOwen

chicago65EastwackerPlace,Suite1215,Chicago,Illinois60601Telephone:+13128194250Email:[email protected]:RobertGamison

denver1675LarimerStreet,Suite470,Denver,Colorado80202Telephone:+17209041480Email:[email protected]: PeterKnowles

guamGCICBuilding,Suite603,414westSoledadAvenue,Hagatna,Guam96910Telephone:+16714739054Email:[email protected]: EmileleRoux

hilo117KeaweStreet,Suite125,Hilo,Hawaii96720Telephone:+18089347953Email:[email protected]: KevinMitchell

honoluluAmericanSavingsBankTower,Suite1340,1001BishopStreet,Honolulu,Hawaii96813Telephone:+18085212641Email:[email protected]:TonySmith/ PaulBrussow/ MaelynUyehara

kennewick8390GageBoulevard,Suite208,Kennewick,washington99336Telephone:+15097353056Email:[email protected]: NickCastorina


las vegas3753HowardHughes,Parkway,Suite211,Lasvegas,Nevada89169Telephone:+17022278818Email:[email protected]: JulianAnderson

los angelesPacificCenter,523westSixthStreet,Suite522,LosAngeles,California90014Telephone:+12136891103Email:[email protected]: GrahamRoy

maui300OhukaiRoad,BuildingB,Kihei,Hawaii96753Telephone:+18088751945Email:[email protected]: BrianLowder

new yorkBroadStreetCentre,80BroadStreet,5thFloor,Newyork10004Telephone:+12128377789Email:[email protected]: GrantOwen

phoenix4343EastCamelbackRoad,Suite350,Phoenix,Arizona85018Telephone:+16024434848Email:[email protected]: JulianAnderson/

JohnJozwick/ScottMacpherson

porTlandBreweryBlock2,1120NwCouchStreet,Suite730,Portland,Oregon97209Telephone:+15032262730Email:[email protected]: GrahamRoy

san francisco425MarketStreet,22ndFloor,SanFrancisco,California94105Telephone:+14153622613Email:[email protected]: GrahamRoy

seaTTle19241stAvenue,SecondFloor,Seattle,washington98101Telephone:+12062232055Email:[email protected]: ChrisBurris

TusconTwoEastCongress,Suite900,Tucson,Arizona85701Telephone:+15202027378Email:[email protected]: JoelBrown

waikoloawaikoloaHighlandsCentre68-1845waikeloaRoad,Suite202,waikoloa,Hawaii96738Telephone:+18088833379Email:[email protected]:KevinMitchell

washingTonMetroCenter,1200GStreetNw,Suite800,washington,DC20005Telephone:+12024348350Email:[email protected]: GrantOwen


CALENDARS

94 PublicHolidaysinAustralia

95 Calendars2015–2018


all sTaTes 2016 2017 2018

NewyearsDay 1JAN 2JAN 1JAN

AustraliaDay 26JAN 26JAN 26JAN

GoodFriday 25MAR 14APR 30MAR

EasterMonday 28MAR 17APR 2APR

AnzacDay 25APR 25APR 25APR

QueensBirthday(exceptwA) 13JUN 12JUN 11JUN

ChristmasDay 27DEC 25DEC 25DEC

BoxingDay 26DEC 26DEC 26DEC

vicToria

LabourDay 14MAR 13MAR 12MAR

GrandFinalEveDay 30SEP 29SEP 28SEP

MelbourneCupDay 1NOv 7NOv 6NOv

new souTh wales

BankHoliday 1AUG 7AUG 6AUG

LabourDay 3OCT 2OCT 1OCT

Queensland


RoyalNationalShow 17AUG 16AUG 15AUG

souTh ausTralia

AdelaideCupDay 14MAR 13MAR 12MAR


wesTern ausTralia

LabourDay 7MAR 6MAR 5MAR

FoundationDay 6JUN 5JUN 4JUN

Queen’sBirthday 26SEP 2OCT 24SEP

Tasmania

RoyalHobartRegatta 8FEB 13FEB 12FEB

LauncestonCup 24FEB 22FEB 28FEB

EightHoursDay 14MAR 13MAR 12MAR

LauncestonShow 6OCT 12OCT 11OCT

HobartShow 20OCT 26OCT 25NOv

RecreationDay(Northern) 7NOv 6NOv 5NOv

a.c.T.

CanberraDay 14MAR 13MAR 12MAR


norThern TerriTory

MayDay 2MAy 1MAy 7MAy

DarwinShowDay 22JUL 28JUL 24JUL

PicnicDay 1AUG 7AUG 6AUG

calendars puBlic holidays in ausTralia


january 2015s m T w T f s 1 2 34 5 6 7 8 9 1011 12 13 14 15 16 1718 19 20 21 22 23 2425 26 27 28 29 30 31

april 2015s m T w T f s

1 2 3 45 6 7 8 9 10 1112 13 14 15 16 17 1819 20 21 22 23 24 2526 27 28 29 30

july 2015s m T w T f s 1 2 3 45 6 7 8 9 10 1112 13 14 15 16 17 1819 20 21 22 23 24 2526 27 28 29 30 31

ocToBer 2015s m T w T f s 1 2 34 5 6 7 8 9 1011 12 13 14 15 16 1718 19 20 21 22 23 2425 26 27 28 29 30 31

feBruary 2015s m T w T f s1 2 3 4 5 6 78 9 10 11 12 13 1415 16 17 18 19 20 2122 23 24 25 26 27 28

may 2015s m T w T f s 1 23 4 5 6 7 8 910 11 12 13 14 15 1617 18 19 20 21 22 2324 25 26 27 28 29 3031

augusT 2015s m T w T f s 12 3 4 5 6 7 89 10 11 12 13 14 1516 17 18 19 20 21 2223 24 25 26 27 28 2930 31

novemBer 2015s m T w T f s1 2 3 4 5 6 78 9 10 11 12 13 1415 16 17 18 19 20 2122 23 24 25 26 27 2829 30

march 2015s m T w T f s1 2 3 4 5 6 78 9 10 11 12 13 1415 16 17 18 19 20 2122 23 24 25 26 27 2829 30 31

june 2015s m T w T f s 1 2 3 4 5 67 8 9 10 11 12 1314 15 16 17 18 19 2021 22 23 24 25 26 2728 29 30

sepTemBer 2015s m T w T f s 1 2 3 4 56 7 8 9 10 11 1213 14 15 16 17 18 1920 21 22 23 24 25 2627 28 29 30

decemBer 2015s m T w T f s 1 2 3 4 56 7 8 9 10 11 1213 14 15 16 17 18 1920 21 22 23 24 25 2627 28 29 30 31

2015

january 2016s m T w T f s 1 23 4 5 6 7 8 910 11 12 13 14 15 1617 18 19 20 21 22 2324 25 26 27 28 29 3031

april 2016s m T w T f s 1 23 4 5 6 7 8 910 11 12 13 14 15 1617 18 19 20 21 22 2324 25 26 27 28 29 30

july 2016s m T w T f s 1 23 4 5 6 7 8 910 11 12 13 14 15 1617 18 19 20 21 22 2324 25 26 27 28 29 3031

ocToBer 2016s m T w T f s 12 3 4 5 6 7 89 10 11 12 13 14 1516 17 18 19 20 21 2223 24 25 26 27 28 2930 31

feBruary 2016s m T w T f s 1 2 3 4 5 67 8 9 10 11 12 1314 15 16 17 18 19 2021 22 23 24 25 26 2728 29

may 2016s m T w T f s1 2 3 4 5 6 78 9 10 11 12 13 1415 16 17 18 19 20 2122 23 24 25 26 27 2829 30 31

augusT 2016s m T w T f s 1 2 3 4 5 67 8 9 10 11 12 1314 15 16 17 18 19 2021 22 23 24 25 26 2728 29 30 31

novemBer 2016s m T w T f s 1 2 3 4 56 7 8 9 10 11 1213 14 15 16 17 18 1920 21 22 23 24 25 2627 28 29 30

march 2016s m T w T f s 1 2 3 4 56 7 8 9 10 11 1213 14 15 16 17 18 1920 21 22 23 24 25 2627 28 29 30 31

june 2016s m T w T f s 1 2 3 45 6 7 8 9 10 1112 13 14 15 16 17 1819 20 21 22 23 24 2526 27 28 29 30


decemBer 2016s m T w T f s 1 2 34 5 6 7 8 9 1011 12 13 14 15 16 1718 19 20 21 22 23 2425 26 27 28 29 30 31

2016


january 2017s m T w T f s1 2 3 4 5 6 78 9 10 11 12 13 1415 16 17 18 19 20 2122 23 24 25 26 27 2829 30 31

april 2017s m T w T f s 12 3 4 5 6 7 89 10 11 12 13 14 1516 17 18 19 20 21 2223 24 25 26 27 28 2930

july 2017s m T w T f s 12 3 4 5 6 7 89 10 11 12 13 14 1516 17 18 19 20 21 2223 24 25 26 27 28 2930 31

ocToBer 2017s m T w T f s1 2 3 4 5 6 78 9 10 11 12 13 1415 16 17 18 19 20 2122 23 24 25 26 27 2829 30 31

feBruary 2017s m T w T f s 1 2 3 45 6 7 8 9 10 1112 13 14 15 16 17 1819 20 21 22 23 24 2526 27 28

may 2017s m T w T f s 1 2 3 4 5 67 8 9 10 11 12 1314 15 16 17 18 19 2021 22 23 24 25 26 2728 29 30 31

augusT 2017s m T w T f s 1 2 3 4 56 7 8 9 10 11 1213 14 15 16 17 18 1920 21 22 23 24 25 2627 28 29 30 31


march 2017s m T w T f s 1 2 3 45 6 7 8 9 10 1112 13 14 15 16 17 1819 20 21 22 23 24 2526 27 28 29 30 31

june 2017s m T w T f s 1 2 34 5 6 7 8 9 1011 12 13 14 15 16 1718 19 20 21 22 23 2425 26 27 28 29 30


decemBer 2017s m T w T f s 1 23 4 5 6 7 8 910 11 12 13 14 15 1617 18 19 20 21 22 2324 25 26 27 28 29 3031

2017

january 2018s m T w T f s 1 2 3 4 5 67 8 9 10 11 12 1314 15 16 17 18 19 2021 22 23 24 25 26 2728 29 30 31

april 2018s m T w T f s1 2 3 4 5 6 78 9 10 11 12 13 1415 16 17 18 19 20 2122 23 24 25 26 27 2829 30

july 2018s m T w T f s1 2 3 4 5 6 78 9 10 11 12 13 1415 16 17 18 19 20 2122 23 24 25 26 27 2829 30 31

ocToBer 2018s m T w T f s 1 2 3 4 5 67 8 9 10 11 12 1314 15 16 17 18 19 2021 22 23 24 25 26 2728 29 30 31

feBruary 2018s m T w T f s 1 2 34 5 6 7 8 9 1011 12 13 14 15 16 1718 19 20 21 22 23 2425 26 27 28

may 2018s m T w T f s 1 2 3 4 56 7 8 9 10 11 1213 14 15 16 17 18 1920 21 22 23 24 25 2627 28 29 30 31

augusT 2018s m T w T f s 1 2 3 45 6 7 8 9 10 1112 13 14 15 16 17 1819 20 21 22 23 24 2526 27 28 29 30 31


march 2018s m T w T f s 1 2 34 5 6 7 8 9 1011 12 13 14 15 16 1718 19 20 21 22 23 2425 26 27 28 29 30 31

june 2018s m T w T f s 1 23 4 5 6 7 8 910 11 12 13 14 15 1617 18 19 20 21 22 2324 25 26 27 28 29 30

sepTemBer 2018s m T w T f s 12 3 4 5 6 7 89 10 11 12 13 14 1516 17 18 19 20 21 2223 24 25 26 27 28 2930

decemBer 2018s m T w T f s 12 3 4 5 6 7 89 10 11 12 13 14 1516 17 18 19 20 21 2223 24 25 26 27 28 2930 31

2018

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