VALUATION OF OFFICE CONSTRUCTION BY AREA
Office construction is the preferred investment activity in the current integration era. Besides the desire to own a beautiful office, the problem that investors worry about in the early stages is often the cost. To help investors solve the problem right from the beginning, DVH Group will provide an office building valuation method by area…
Office construction is the preferred investment activity in the current integration era. Besides the desire to own a beautiful office, the problem that investors worry about in the early stages is often the cost. To help investors solve the problem right from the beginning, DVH Group will provide an office building valuation method by area as well as unit prices for investors to refer to.
Valuation of office construction by area
Currently, there are two commonly known types of office construction pricing:
- Office construction unit price according to the construction area
- Office construction unit price according to a detailed estimate
In which, the price of office construction by area is often understood as the cost of office construction by area. We usually calculate this cost by calculating the total area of the office, then multiplying by the construction price per square meter (m2).
Depending on each construction unit, interior value, the initial structure of the original room, and the construction package the investor chooses, there are many different unit prices. Office construction costs will often fluctuate, the most common minimum is over 3,000,000/m2.
The valuation of an office building by area will depend a lot on the construction package that the investor chooses. Rough build and package build are the two most considered and basic build packages.
Cost of building the rough part and finishing the plaster part
If choosing this construction package, the investor can sign an office lease contract right after completing the rough part (excluding stone cladding, partition construction, and interior installation).
This option will benefit both parties. The lessee has the conditions to design the interior following the needs of users, decorate the colors corresponding to the brand identity. And the investor can put the office into use and recover capital in a faster time
Normally, the average construction cost of the rough part ranges from 3 million VND/m2 to 4 million VND/m2 (using the method of calculating floor area in drops).
Cost of building a full-service office
When choosing to build a packaged office, the construction unit will perform the entire construction and complete the office at the best level. Including activities: Construction, plastering, tiling, painting, then installing doors, stairs, sanitary equipment, and electrical equipment.
The unit price of building a turnkey office building with the level of finishing materials is in the range of 4 million VND/m2 – 5.5 million VND/m2 (using the method of calculating the floor area by drops of time).
The contract process for the construction of a full-service office building
When cooperating with DVH Group, investors need to be consulted from the very beginning. DVH Group attaches great importance to consulting work and has a free consultation service 24/7. Thanks to that, the investor can visualize and grasp the process in the clearest way. Regarding office construction valuation, the following is a summary of the working process:
- Step 1: Listen to the investor’s needs about the office location, area, and use, in addition to suggesting the desired architectural style. Then there is the current site survey and detailed consultation
- Step 2: Design and quote, go to contract signing and construction
- Step 3: Acceptance, handover, and maintenance of the project
Why should you choose DVH Group to price office buildings by area?
Understand the difficulties and needs of investors. DVH Group prioritizes consulting work to initially solve the problems of the first home. Along with that are impressive achievements:
- Contractor of thousands of construction works in major cities.
- As project manager of many project management services in Vietnam.
- As a professional consulting unit and leading in the field of real estate investment.
Together with good engineers and architects, DVH Group will bring investors the same satisfaction as the company has achieved.