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Please estimate the cost to rebuild a 3-storey house with maximum GFA on a 1500 sqft land at 233 Macpherson Road.
To estimate the cost to rebuild a 3-storey house with maximum GFA on a 1,500 sqft land at 233 Macpherson Road:
1. Convert land area to square meters:
1,500 sqft ≈ 139.35 m²
1,500 sqft ≈ 139.35 m²
2. Maximum GFA calculation:
For a 3-storey landed house, the envelope control guidelines allow an overall height of 15.5m. The GFA is typically calculated as land area × number of storeys.
Maximum GFA = 139.35 m² × 3 = 418.05 m²
For a 3-storey landed house, the envelope control guidelines allow an overall height of 15.5m. The GFA is typically calculated as land area × number of storeys.
Maximum GFA = 139.35 m² × 3 = 418.05 m²
3. Development Charge (DC) Rate:
The context provides a DC Rate of $3,000 per m² for proposals.
The context provides a DC Rate of $3,000 per m² for proposals.
4. Proposal Amount Calculation:
Proposal Amount = GFA × DC Rate × 90%
Proposal Amount = 418.05 m² × $3,000 × 0.9 = $1,128,735
Proposal Amount = GFA × DC Rate × 90%
Proposal Amount = 418.05 m² × $3,000 × 0.9 = $1,128,735
Estimated cost to rebuild:
$1,128,735 (subject to DC Rate and GFA conditions)
$1,128,735 (subject to DC Rate and GFA conditions)
This estimate is based on the DC Rate and maximum GFA allowed for a 3-storey landed house. Actual construction costs, fees, and other charges may vary.