Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
2 3
CONTENTS
Page Page
Contents 4 3. CONTRACT PROCUREMENT
Introduction 7
Calendars 8 FIDIC Rainbow Suite 90
Types of Contract 93
Authority Process and Submission 97
1. CONSTRUCTION TRENDS Flowchart of Development Business 99
Development Costs in Korea 100
Construction Market Outlook 14
Consumer Price Indices 16 4. OTHER INFORMATION
Top 20 Construction Firms 17
Exchange Rates 104
Construction Orders Received 18
Prime Rates 105
Materials Price Indices 20 Currency Fluctuations 106
Labour Price Indices 26 Conversion Factors 108
IDD Codes & Time Differences 110
Relevant Contacts 111
Preambles 36
DLS Culture 118
Construction Costs For Seoul 38
Professional Services 122
Construction Costs For Major Cities in Asia 40
Davis Langdon & Seah International Ofces 124
Cost Breakdown For Different Building Types 58
Acknowledgements 138
Unit Rates Of Major Work Items For Cities in Asia 60
Davis Langdon & Seah Korea Co., Ltd.
4 5
INTRODUCTION
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Davis Langdon & Seah Korea Co., Ltd.
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CALENDARS
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Davis Langdon & Seah Korea Co., Ltd.
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CALENDARS
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CONSTRUCTION TRENDS
Construction investment is forecast to grow 2.6% in An abundant supply of new properties in the central business
2012 with a modest recovery in the housing market being district made Seouls Grade A office market a tenants
overpowered by a decline in public works. market in 2011. Tenants kept control of the ofce rental market
in 2011 as the central business district experienced a record
Permits for new housing construction, a leading indicator for high vacancy rate and landlords felt the pressure to reduce
construction investment of residential buildings, has increased rents. Landlords of newly-completed buildings continue
while housing sales have recovered slightly on rising house to offer two or three months as rent-free periods to attract
rental prices, leading to a potential increase in construction tenants. Seouls Grade A ofce market is expected to continue
investment. However, reduced fiscal capacity in the public to be a tenants market in 2012. The question is whether it can
sector and the completion of state-run projects will lead to be absorbed easily although there seems to be strong potential
sluggish public works spending, limiting the recovery of demand from the corporate side.
construction investment.
Based on the outlook for Korea retail sales which is positive,
The government has played a key role in providing the total retail revenue has increased due to increasing number of
required impetus to the infrastructure construction market. tourists and continuous opening of specialty retailer of private
A reduction in taxes and interest rates for the corporate label apparel (SPA) brands. Most retail projects currently
sector, enabling smaller construction rms to complete larger under construction will be completed, albeit with delays
infrastructure projects, are under progress. South Korea caused by nancing difculties.
is focused on redeveloping its existing business districts,
promoting tourism and entertainment. Major cities, primarily Korea's housing market has finally started to bounce back
Seoul and Incheon, have been the centre of such activities. with signs of recovery in the secondary market, construction
companies cleared their housing inventories in 2011 by
The Korea government will seek to boost its overseas cutting prices, which negatively impacted their margins. The
construction orders to $70 billion in 2012 as part of efforts investment bank said the inventory de-stocking cycle looks to
to revive the slowing construction industry. The government have peaked out and forecast a gradual recovery of housing
also plans to spend more than 60 percent of its budget for the prices in 2012.
Davis Langdon & Seah Korea Co., Ltd.
Source: SERI
The Korea Times
The construction Business Intelligence Network
JP Morgan Analysis
14 15
1. CONSTRUCTION TRENDS
00 01 02 03 04 05 06 07 08 09 10 11 12
Source Korean National Statistical Ofce Source: Construction Association of Korea (www.cak.or.kr)
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Davis Langdon & Seah Korea Co., Ltd.
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Value of Domestic Construction Orders Received Value of Construction Completed
Total Value of
Total Orders
YEAR Index Construction Index
Received Ination Ination
(base 2000) Completed (base 2000)
Mill.Won
Mill.Won
2000 41,777,534 100.0 45,989,550 100.0
2001 50,994,920 122.1 22.1% 50,576,257 110.0 10.0%
2002 67,833,659 155.1 27.1% 56,215,640 121.1 10.1%
2003 80,897,273 174.3 12.4% 65,552,986 137.7 13.7%
2004 77,774,389 170.5 -2.2% 72,837,967 148.8 8.1%
2005 83,489,358 177.8 4.3% 75,830,729 153.0 2.8%
2006 91,001,140 186.8 5.1% 77,838,924 155.6 1.7%
2007 112,501,594 210.5 12.6% 82,938,767 162.2 4.2%
2008 103,906,835 202.8 -3.6% 87,032,051 167.1 3.0%
2009 109,088,476 207.8 2.5% 89,862,939 170.3 1.9%
1. CONSTRUCTION TRENDS
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Davis Langdon & Seah Korea Co., Ltd.
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Cement Brick Rebar Sand
Concrete Pile (1,780kg/ea)
(40kg Bag) (100ea) (190X90X57) (D16mm) (Coarse)
YEAR Index Index Index Index Index
KRW (Base Ination KRW (Base Ination KRW (Base Ination KRW (Base Ination KRW (Base Ination
2001) 2001) 2001) 2001) 2001)
2001 3,000 100.0 4,300 100.0 122,357 100.0 313,333 100.0 9,125 100.0
2002 3,225 107.5 7.5% 4,500 104.7 4.7% 165,467 135.2 35.2% 336,667 107.4 7.4% 10,167 111.4 11.4%
2003 3,333 111.1 3.6% 4,833 112.4 7.8% 194,025 158.6 23.3% 402,750 128.5 21.1% 11,000 120.5 9.1%
2004 3,404 113.5 2.4% 4,600 107.0 -5.4% 176,300 144.1 -14.5% 550,417 175.7 47.1% 12,250 134.2 13.7%
2005 3,387 112.9 -0.6% 4,558 106.0 -1.0% 174,158 142.3 -1.8% 506,083 161.5 -14.1% 14,167 155.3 21.0%
2006 3,370 112.3 -0.6% 4,500 104.7 -1.4% 175,233 143.2 0.9% 455,667 145.4 -16.1% 11,333 124.2 -31.1%
2007 3,370 112.3 0.0% 4,500 104.7 0.0% 183,200 149.7 6.5% 526,500 168.0 22.6% 11,500 126.0 1.8%
MATERIAL PRICES INDICES
2008 3,387 112.9 0.6% 4,500 104.7 0.0% 213,575 174.6 24.8% 880,167 280.9 112.9% 12,417 136.1 10.0%
2009 3,857 128.6 15.7% 4,708 109.5 4.8% 225,108 184.0 9.4% 739,000 235.9 -45.1% 12,000 131.5 -4.6%
2010 3,950 131.7 3.1% 5,000 116.3 6.8% 211,997 173.3 -10.7% 744,833 237.7 1.9% 12,000 131.5 0.0%
2011 3,933 131.1 -0.6% 5,000 116.3 0.0% 212,358 173.6 0.3% 816,917 260.7 23.0% 12,000 131.5 0.0%
1. CONSTRUCTION TRENDS
Source: Korean Price Index "KPI" website (www.kpi.or.kr) as at 1st Jan 2012
Note: Costs are the annual average for each year
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Davis Langdon & Seah Korea Co., Ltd.
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Ready Mixed Concrete
Gravel Plywood H-Beam L-Copper Pipe
(21MPa, Slump:12cm,
(#467,40mm) (12T,4'X8') (346X174X6X9) (25 mm)
Agg:25mm)
YEAR
Index Index Index Index Index
KRW (Base Ination KRW (Base Ination KRW (Base Ination KRW (Base Ination KRW (Base Ination
2001) 2001) 2001) 2001) 2001)
2001 10,916 100.0 15,100 100.0 47,768 100.0 395,000 100.0 3,445 100.0
2002 11,958 109.5 9.5% 15,300 101.3 1.3% 50,200 105.1 5.1% 400,750 101.5 1.5% 2,874 83.4 -16.6%
2003 12,000 109.9 0.4% 15,125 100.2 -1.2% 52,210 109.3 4.2% 452,500 114.6 13.1% 3,161 91.8 8.3%
2004 12,833 117.6 7.6% 16,417 108.7 8.6% 53,828 112.7 3.4% 623,583 157.9 43.3% 4,499 130.6 38.8%
2005 13,083 119.9 2.3% 16,200 107.3 -1.4% 51,708 108.2 -4.4% 613,917 155.4 -2.4% 4,962 144.0 13.4%
2006 13,250 121.4 1.5% 16,792 111.2 3.9% 49,080 102.7 -5.5% 594,167 150.4 -5.0% 7,620 221.2 77.2%
MATERIAL PRICES INDICES
2007 13,083 119.9 -1.5% 18,625 123.3 12.1% 49,080 102.7 0.0% 658,333 166.7 16.2% 7,886 228.9 7.7%
2008 12,000 109.9 -9.9% 21,558 142.8 19.4% 51,248 107.3 4.5% 1,037,500 262.7 96.0% 8,770 254.6 25.7%
2009 13,000 119.1 9.2% 24,650 163.2 20.5% 53,125 111.2 3.9% 967,500 244.9 -17.7% 7,232 209.9 -44.6%
2010 13,000 119.1 0.0% 23,692 156.9 -6.3% 54,280 113.6 2.4% 880,000 222.8 -22.2% 9,606 278.8 68.9%
1. CONSTRUCTION TRENDS
2011 13,000 119.1 0.0% 25,417 168.3 11.4% 54,763 114.6 1.0% 999,583 253.1 30.3% 11,112 322.5 43.7%
Source: Korean Price Index "KPI" website (www.kpi.or.kr) as at 1st Jan 2012
Note: Costs are the annual average for each year
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Davis Langdon & Seah Korea Co., Ltd.
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Straight Asphalt (AP-3,
Stainless Steel Pipe Black Steel Pipe Galvanised Steel Sheet Gyp sum board 9.5T
Asphalt Penetrometer:
(25 mm, 2mm Thickness) (25 mm) (3 mm) (1,200x2,400) (Each)
85~100) KG
YEAR
Index Index Index Index Index
KRW (Base Ination KRW (Base Ination KRW (Base Ination KRW (Base Ination KRW (Base Ination
2001) 2001) 2001) 2001) 2001)
2001 5,129 100.0 1,098 100.0 585,300 100.0 5,900 100.0 285 100.0
2002 5,267 102.7 2.7% 1,138 103.6 3.6% 628,650 107.4 7.4% 6,250 105.9 5.9% 285 100.0 0.0%
2003 5,770 112.5 9.8% 1,241 113.0 9.4% 678,833 116.0 8.6% 6,250 105.9 0.0% 306 107.3 7.3%
2004 6,959 135.7 23.2% 1,675 152.6 39.5% 837,250 143.0 27.1% 6,250 105.9 0.0% 309 108.5 1.2%
2005 6,106 119.1 -16.6% 1,903 173.3 20.7% 928,750 158.7 15.6% 6,250 105.9 0.0% 303 106.1 -2.3%
2006 6,856 133.7 14.6% 1,731 157.7 -15.6% 890,833 152.2 -6.5% 6,142 104.1 -1.8% 373 131.0 24.9%
MATERIAL PRICES INDICES
MATERIAL PRICES INDICES
2007 9,647 188.1 54.4% 1,824 166.1 8.4% 937,500 160.2 8.0% 5,600 94.9 -9.2% 326 114.3 -16.7%
2008 9,277 180.9 -7.2% 2,712 247.0 80.9% 1,128,833 192.9 32.7% 5,998 101.7 6.8% 479 168.1 53.8%
2009 8,041 156.8 -24.1% 2,705 246.4 -0.6% 1,058,500 180.8 -12.0% 6,600 111.9 10.2% 536 188.1 19.9%
2010 8,088 157.7 0.9% 2,739 249.5 3.1% 1,176,500 201.0 20.2% 6,600 111.9 0.0% 640 224.6 36.5%
1. CONSTRUCTION TRENDS
2011 8,413 164.0 6.3% 3,203 291.7 42.2% 1,354,833 231.5 30.5% 6,600 111.9 0.0% 696 244.2 19.6%
Source: Korean Price Index "KPI" website (www.kpi.or.kr) as at 1st Jan 2012
Note: Costs are the annual average for each year
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Davis Langdon & Seah Korea Co., Ltd.
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Steel Erector Rebar Worker Carpenter Concrete Worker
Index Index Index Index
Year
KRW (base Ination KRW (base Ination KRW (base Ination KRW (base Ination
2001) 2001) 2001) 2001)
2001 65,311 100.0 69,480 100.0 64,617 100.0 64,849 100.0
2002 69,256 106.0 6.0% 78,554 113.1 13.1% 73,562 113.8 13.8% 73,405 113.2 13.2%
2003 81,051 123.1 16.1% 94,877 133.8 18.4% 88,147 133.7 17.4% 89,033 134.5 18.8%
2004 90,698 135.0 9.7% 94,417 133.4 -0.4% 87,848 133.3 -0.3% 88,945 134.4 -0.1%
2005 93,738 138.3 2.5% 96,518 135.6 1.7% 89,171 134.8 1.1% 89,906 135.5 0.8%
2006 94,044 138.7 0.2% 97,888 137.0 1.0% 90,870 136.7 1.4% 90,119 135.7 0.2%
2007 95,742 140.5 1.3% 99,842 139.0 1.5% 96,614 143.1 4.6% 93,589 139.6 2.8%
LABOUR PRICES INDICES
2008 101,996 147.0 4.7% 102,645 141.8 2.0% 102,167 148.8 4.0% 98,314 144.6 3.6%
2009 105,195 150.1 2.1% 111,378 150.3 6.0% 100,797 147.5 -0.9% 99,687 146.0 1.0%
2010 107,438 152.3 1.4% 109,615 148.7 -1.1% 97,282 144.0 -2.4% 102,364 148.7 1.8%
2011 113,728 158.1 3.8% 110,192 149.3 0.4% 103,182 150.0 4.2% 103,358 149.7 0.7%
1. CONSTRUCTION TRENDS
Source: Korean Price Index "KPI" website (www.kpi.or.kr) as at 1st Jan 2012
Note: Costs are the annual average for each year
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Davis Langdon & Seah Korea Co., Ltd.
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Plumber Brick Layer
Electrical Worker Stone Structure Worker
(Waterworks) (Masonry)
Year Index Index Index Index
KRW (base Ination KRW (base Ination KRW (base Ination KRW (base Ination
2004) 2001) 2001) 2001)
2001 52,139 100.0 67,523 100.0 59,255 100.0
2002 60,786 116.6 16.6% 81,174 120.2 20.2% 70,560 119.1 19.1%
2003 73,073 136.8 17.3% 94,060 136.1 13.2% 83,506 137.4 15.4%
2004 89,501 100.0 78,624 144.4 5.6% 95,983 138.1 1.5% 85,792 140.2 2.0%
2005 94,494 105.6 5.6% 80,782 147.1 1.9% 95,157 137.3 -0.6% 85,305 139.6 -0.4%
2006 101,145 112.6 6.7% 81,584 148.1 0.7% 94,885 137.0 -0.2% 83,660 137.7 -1.4%
LABOUR PRICES INDICES
2007 102,537 114.0 1.2% 84,552 151.8 2.5% 92,266 134.2 -2.0% 87,685 142.5 3.5%
2008 101,500 113.0 -0.9% 89,232 157.3 3.6% 97,637 140.1 4.3% 88,178 143.0 0.4%
2009 114,043 125.3 10.9% 95,676 164.5 4.6% 104,086 146.7 4.7% 90,028 145.1 1.5%
2010 116,677 127.6 1.8% 105,044 174.3 6.0% 110,318 152.6 4.1% 98,090 154.1 6.2%
2011 117,197 128.1 0.3% 115,306 184.1 5.6% 109,692 152.1 -0.4% 103,477 159.6 3.6%
1. CONSTRUCTION TRENDS
Source: Korean Price Index "KPI" website (www.kpi.or.kr) as at 1st Jan 2012
Note: Costs are the annual average for each year
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Davis Langdon & Seah Korea Co., Ltd.
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Painter Plant Operator Labourer IT Installer
Index Index Index Index
Year
Index (base Ination Index (base Ination Index (base Ination Index (base Ination
2001) 2001) 2001) 2001)
2001 57,680 100.0 57,435 100.0 38,132 100.0 92,285 100.0
2002 64,995 112.7 12.7% 64,612 112.5 12.5% 43,105 113.0 13.0% 100,567 109.0 9.0%
2003 78,884 134.1 19.0% 77,757 132.8 18.1% 51,433 132.4 17.1% 113,888 122.2 12.2%
2004 82,333 138.4 3.3% 81,183 137.2 3.3% 52,438 134.3 1.5% 117,915 125.8 2.9%
2005 81,981 138.0 -0.3% 80,553 136.5 -0.6% 52,753 134.9 0.4% 123,101 130.2 3.5%
2006 84,170 140.7 1.9% 83,718 140.4 2.9% 55,775 140.6 4.2% 123,500 130.5 0.2%
2007 88,575 145.9 3.7% 86,746 144.0 2.6% 58,174 144.9 3.1% 129,955 135.7 4.0%
LABOUR PRICES INDICES
2008 91,416 149.1 2.2% 96,616 155.4 7.9% 61,541 150.7 4.0% 142,202 145.1 6.9%
2009 93,725 151.6 1.7% 111,107 170.4 9.7% 67,266 160.0 6.2% 154,290 153.6 5.9%
2010 94,344 152.3 0.4% 121,652 179.9 5.6% 69,731 163.7 2.3% 163,758 159.8 4.0%
2011 98,524 156.7 2.9% 133,062 189.3 5.2% 73,212 168.7 3.0% 177,633 168.2 5.3%
1. CONSTRUCTION TRENDS
Source: Korean Price Index "KPI" website (www.kpi.or.kr) as at 1st Jan 2012
Note: Costs are the annual average for each year
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Davis Langdon & Seah Korea Co., Ltd.
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Glass Fitter Paper Hanger Plasterer Interior Finisher
Index Index Index Index
Year
Index (base Ination Index (base Ination Index (base Ination Index (base Ination
2001) 2001) 2001) 2001)
2001 59,584 100.0 57,740 100.0 60,627 100.0 47,697 100.0
2002 69,541 116.7 16.7% 74,324 128.7 28.7% 73,393 121.1 21.1% 56,376 118.2 18.2%
2003 77,478 128.1 9.8% 91,020 151.2 17.5% 84,027 135.5 12.0% 66,021 135.3 14.5%
2004 78,131 129.0 0.7% 96,730 157.5 4.1% 86,116 138.0 1.8% 77,693 153.0 13.1%
2005 80,251 131.7 2.1% 96,104 156.8 -0.4% 87,486 139.6 1.2% 77,314 152.5 -0.3%
2006 85,638 138.4 5.1% 97,252 158.0 0.8% 88,251 140.5 0.6% 77,600 152.9 0.2%
2007 86,116 139.0 0.4% 99,150 160.0 1.2% 88,763 141.1 0.4% 76,882 151.9 -0.6%
LABOUR PRICES INDICES
2008 87,253 140.3 1.0% 98,589 159.4 -0.4% 95,540 148.7 5.4% 84,531 161.9 6.5%
2009 93,976 148.0 5.5% 96,410 157.2 -1.4% 95,854 149.0 0.2% 83,633 160.8 -0.7%
2010 92,849 146.8 -0.8% 102,761 163.8 4.2% 96,339 149.5 0.3% 85,606 163.2 1.5%
2011 98,215 152.6 3.9% 108,098 169.0 3.2% 99,003 152.3 1.8% 88,630 166.7 2.2%
1. CONSTRUCTION TRENDS
Source: Korean Price Index "KPI" website (www.kpi.or.kr) as at 1st Jan 2012
Note: Costs are the annual average for each year
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CONSTRUCTION COST DATA
Preambles
Constructions Costs For Seoul
Constructions Costs For Major Cities In Asia
Cost Breakdown For Different Building Types
Davis Langdon & Seah Korea Co., Ltd.
PREAMBLES
The construction costs for the respective categories given g. Basement works which are carried out in phases may
on the following pages are average costing at 4th Quarter require additional temporary works and different types of
2011. They are based on interpolation of competitive tenders construction sequence
received and negotiated.
h. Deep basement (i.e. levels of basement)
Looking ahead, construction cost in 2012 is likely to increase
moderately, if at all i. Selection of Contractor (i.e. local or foreign)
The construction cost serves as a guide for preliminary cost j. Shape of the existing site as longish sites would generally
appraisals and budgeting. It must be understood that the actual attract higher cost due to higher wall to oor ratio
cost of a building will depend upon the design and many other
factors such as major infrastructure of the buildings/structures, All buildings are assumed to have no basements (except
etc. and may vary from the gures shown. The costs per square otherwise stated) and are build on at ground, with normal soil
metre are based on construction floor areas measured to the conditions and minimal external works. The costs exclude the
outside face of the external walls/external perimeter including following:
lift shafts, stairwells, plant rooms, water tanks and the like. Professional fees
Authorities plan processing charges
As a guide, it might be worth to note that construction costs Land cost
generally may vary accordingly depending on the following Financing charges
specic requirements: Site inspectorate
Administrative expenses
a. Complexity of the project Legal costs and disbursements
Demolition of existing building/s
b. Site encumbrances Loose furniture and ttings
Operating equipment
c. The need of special structures such as heavy transfer Cost escalation
Davis Langdon & Seah Korea Co., Ltd.
structures over MRT/RTS structure/tracks/boxes, etc. or due Goods and Services Tax
to close proximity to nearby infrastructure such as canals,
bridges, etc. The codes and standards for each category of building vary
from country to country and do not necessarily follow those of
d. The types of structure system (i.e. reinforced concrete or Korea.
structural steel system, precast/prefabrication, etc.)
36 37
2. CONSTRUCTION COST DATA
Overall Cost
TYPES KRW/m2
2010 2011
DOMESTIC
Detached houses and bungalows 2,170,000 2,240,000
Terraced houses 1,800,000 1,870,000
Av. standard apartments, high rise 1,440,000 1,490,000
Luxury apartments, high rise 1,790,000 1,860,000
OFFICE/COMMERCIAL
Av. standard ofces, high rise 1,140,000 1,150,000
Prestige ofces, high rise 1,470,000 1,520,000
Shopping Centres 1,815,000 1,855,000
HOTELS
Resort Hotels 1,730,000 1,745,000
3-star budget hotels (incl. F.F. & E.) 1,920,000 1,980,000
5-star luxury hotels, ditto 2,550,000 2,640,000
OTHERS
Davis Langdon & Seah Korea Co., Ltd.
BRIEF NOTES
RESIDENTIAL INDUSTRIAL
40 41
2. CONSTRUCTION COST DATA
(US$/m2)
DESCRIPTION SEOUL* KUALA LUMPUR
4Q 2010 4Q 2011 4Q 2010 4Q 2011
RESIDENTIAL
Detached houses and bungalows 1,920 1,960 943 962
Terraced houses 1,600 1,630 313 317
Average standard apartments, high rise 1,280 1,310 453 463
Luxury apartments, high rise 1,590 1,630 1,051 1,070
OFFICE/COMMERCIAL
Average standard ofces, high rise 1,140 1,160 739 752
Prestige ofces, high rise 1,300 1,330 1,084 1,105
Shopping centres 1,460 1,620 900 917
INDUSTRIAL
Light duty atted factories N/A N/A 431 438
Heavy duty atted factories and warehouses N/A N/A 512 521
Single storey conventional factories 685 700 426 435
Owner operated factories, low rise N/A N/A 510 530
HOTELS
Resort hotels 1,530 1,530 1,310 1,333
3-star budget hotels, inclusive of F.F. & E. 1,700 1,730 1,509 1,537
5-star luxury hotels, inclusive of F.F. & E. 2,260 2,300 2,199 2,241
OTHERS
Davis Langdon & Seah Korea Co., Ltd.
42 43
2. CONSTRUCTION COST DATA
(US$/m2)
DESCRIPTION KARACHI BANGKOK*
4Q 2010 4Q 2011 4Q 2010 4Q 2011
RESIDENTIAL
Detached houses and bungalows 985 - 1040 985 - 1150 967 967
Terraced houses 235 - 315 250 - 350 584 583
Average standard apartments, high rise 580 - 750 580 - 775 829 828
Luxury apartments, high rise 870 - 980 870 - 1150 1,162 1,162
OFFICE/COMMERCIAL
Average standard ofces, high rise 575 - 695 575 - 725 751 750
Prestige ofces, high rise 925 - 1040 950 - 1150 984 983
Shopping Centres 695 - 870 695 - 900 801 800
INDUSTRIAL
Light duty atted factories 290 - 350 300 - 375 600 600
Heavy duty atted factories and warehouses 350 - 400 350 - 450 N/A N/A
Single storey conventional factory of structural steelwork 435 435 - 450 600 600
Owner operated factories, low rise 315 - 405 325 - 425 N/A N/A
HOTELS
Resort Hotels 1965 - 2305 1965 - 2350 2,268 2,267
3-star budget hotels inclusive of F.F. & E. 1125 - 1390 1125 - 1450 1,368 1,367
5-star luxury hotels, ditto 1730 - 2075 1800 - 2100 1,935 1,933
OTHERS
Davis Langdon & Seah Korea Co., Ltd.
Basement carparks (<3 levels) 255 - 290 275 - 325 684 683
Elevated carparks (<4 levels) 200 - 235 200 - 250 350 350
Primary and Secondary Schools 520 - 640 550 - 675 N/A N/A
Student hostels 405 - 520 410 - 540 N/A N/A
Sports Clubs inclusive of F.F.&E. 790 - 870 810 - 900 N/A N/A
Exchange Rate Used: US$1 = Rs.86.00 PKR89.42 Baht 29.98 Baht 30.00
44 45
2. CONSTRUCTION COST DATA
(US$/m2)
DESCRIPTION BRUNEI JAKARTA*
4Q 2010 4Q 2011 4Q 2010 4Q 2011
RESIDENTIAL
Detached houses and bungalows 715 751 435 475
Terraced houses 500 525 N/A N/A
Average standard apartments, high rise 830 871 525 595
Luxury apartments, high rise 1,020 1,071 715 800
OFFICE/COMMERCIAL
Average standard ofces, high rise 830 871 535 575
Prestige ofces, high rise 1,135 1,192 810 860
Shopping Centres 1,045 1,097 465 495
INDUSTRIAL
Light duty atted factories 460 483 N/A N/A
Heavy duty atted factories and warehouses N/A N/A N/A N/A
Single storey conventional factory of structural steelwork 420 441 240 260
Owner operated factories, low rise N/A N/A N/A N/A
HOTELS
Resort Hotels 1,360 1,438 1,120 1,200
3-star budget hotels inclusive of F.F. & E. 1,485 1,559 910 980
5-star luxury hotels, ditto 2,060 2,163 1,300 1,395
OTHERS
Davis Langdon & Seah Korea Co., Ltd.
46 47
2. CONSTRUCTION COST DATA
(US$/m2)
DESCRIPTION MANILA* SINGAPORE**
4Q 2010 4Q 2011 4Q 2010 4Q 2011
RESIDENTIAL
Detached houses and bungalows 1,140 1,210 2,270 2,400
Terraced houses 580 620 1,925 2,040
Average standard apartments, high rise 825 845 1,580 1,680
Luxury apartments, high rise 1,040 1,070 2,615 2,760
OFFICE/COMMERCIAL
Average standard ofces, high rise 810 820 1,965 2,080
Prestige ofces, high rise 1,065 1,080 2,195 2,320
Shopping Centres 735 960 2,115 2,240
INDUSTRIAL
Light duty atted factories 420 430 1,000 1,120
Heavy duty atted factories and warehouses 465 475 1,235 1,360
Single storey conventional factory of structural steelwork 400 410 885 960
Owner operated factories, low rise 420 440 N/A N/A
HOTELS
Resort Hotels 1,265 1,290 2,350 2,480
3-star budget hotels inclusive of F.F. & E. 1,215 1,230 2,425 2,560
5-star luxury hotels, ditto 1,570 1,600 3,270 3,440
OTHERS
Davis Langdon & Seah Korea Co., Ltd.
48 49
2. CONSTRUCTION COST DATA
(US$/m2)
DESCRIPTION HONG KONG* BEIJING*
4Q 2010 4Q 2011 4Q 2010 4Q 2011
RESIDENTIAL
Detached houses and bungalows 3,380 3,838 658 776
Terraced houses 2,600 2,863 456 528
Average standard apartments, high rise 1,810 2,217 484 560
Luxury apartments, high rise 2,045 2,453 657 993
OFFICE/COMMERCIAL
Average standard ofces, high rise 2,000 2,251 763 947
Prestige ofces, high rise 2,485 2,733 1,074 1,269
Shopping Centres 2,320 2,545 941 1,090
INDUSTRIAL
Light duty atted factories 1,090 1,184 N/A N/A
Heavy duty atted factories and warehouses 1,190 1,334 N/A N/A
Single storey conventional factory of structural steelwork N/A N/A 513 586
Owner operated factories, low rise 1,610 1,805 670 765
HOTELS
Resort Hotels N/A N/A N/A N/A
3-star budget hotels inclusive of F.F. & E. 2,500 2,713 1,008 1,116
5-star luxury hotels, ditto 3,190 3,436 1,658 1,919
OTHERS
Davis Langdon & Seah Korea Co., Ltd.
50 51
2. CONSTRUCTION COST DATA
(US$/m2)
DESCRIPTION SHANG-HAI* SHENZHEN/GUANG-ZHOU*
4Q 2010 4Q 2011 4Q 2010 4Q 2011
RESIDENTIAL
Detached houses and bungalows 1,000 1,096 567 622
Terraced houses 750 822 400 439
Average standard apartments, high rise 600 658 479 525
Luxury apartments, high rise 900 987 552 605
OFFICE/COMMERCIAL
Average standard ofces, high rise 900 987 693 760
Prestige ofces, high rise 1,200 1,316 952 1,044
Shopping Centres 1,100 1,206 897 983
INDUSTRIAL
Light duty atted factories N/A N/A N/A N/A
Heavy duty atted factories and warehouses N/A N/A N/A N/A
Single storey conventional factory of structural steelwork 500 548 474 520
Owner operated factories, low rise 670 735 591 648
HOTELS
Resort Hotels 1,250 1,370 N/A N/A
3-star budget hotels inclusive of F.F. & E. 1,000 1,096 N/A N/A
5-star luxury hotels, ditto 2,000 2,193 1,384 1,517
OTHERS
Davis Langdon & Seah Korea Co., Ltd.
52 53
2. CONSTRUCTION COST DATA
(US$/m2)
DESCRIPTION MACAU* INDIA**
4Q 2010 4Q 2011 4Q 2010 4Q 2011
RESIDENTIAL
Detached houses and bungalows N/A 3,455 395 409
Terraced houses N/A 3,015 290 300
Average standard apartments, high rise 1,070 1,545 335 347
Luxury apartments, high rise 1,338 2,230 417 439
OFFICE/COMMERCIAL
Average standard ofces, high rise N/A 2,200 410 406
Prestige ofces, high rise N/A 2,520 510 514
Shopping Centres 1,916 2,710 475 470
INDUSTRIAL
Light duty atted factories N/A 1,245 280 263
Heavy duty atted factories and warehouses N/A N/A 310 313
Single storey conventional factory of structural steelwork N/A N/A 255 252
Owner operated factories, low rise N/A N/A 320 317
HOTELS
Resort Hotels N/A N/A 670 723
3-star budget hotels inclusive of F.F. & E. 2,515 2,560 685 817
5-star luxury hotels, ditto 3,264 3,480 1680 1588
OTHERS
Davis Langdon & Seah Korea Co., Ltd.
54 55
2. CONSTRUCTION COST DATA
(US$/m2)
DESCRIPTION TOKYO HO CHI MINH*
4Q 2010 4Q 2011 4Q 2010 4Q 2011
RESIDENTIAL
Detached houses and bungalows 2,610 2,760 460-555 500-600
Terraced houses N/A N/A 390-445 425-485
Average standard apartments, high rise 2,110 2,230 585-700 635-760
Luxury apartments, high rise 2,940 3,100 755-875 815-945
OFFICE/COMMERCIAL
Average standard ofces, high rise 2,540 2,680 700-815 760-880
Prestige ofces, high rise 3,030 3,200 820-1040 890-1130
Shopping Centres 2,070 2,190 640-755 695-815
INDUSTRIAL
Light duty atted factories 1,460 1,540 220-360 238-390
Heavy duty atted factories and warehouses 1,930 2,040 365-470 395-510
Single storey conventional factory of structural steelwork 1,670 N/A 355-470 N/A
Owner operated factories, low rise N/A N/A 365-455 395-495
HOTELS
Resort Hotels 3,320 3,510 1100-1380 1195-1500
3-star budget hotels inclusive of F.F. & E. 3,300 3,480 1385-1620 1495-1750
5-star luxury hotels, ditto 4,830 5,100 1680-1895 1825-2060
OTHERS
Davis Langdon & Seah Korea Co., Ltd.
Exchange Rate Used: US$1 = JPY82.50 JPY78.14 VND 19,500 VND 21,011
56 57
2. CONSTRUCTION COST DATA
58 59
2. CONSTRUCTION COST DATA
17. 20mm Cement and sand (1:4) plaster to walls m2 8,300 8,300 15 - 20 15 - 22
18. Ceramic tiles bedded to oor screed (m/s) m2 32,000 55,000 50 - 70 50 - 70
19. 12mm brous plasterboard ceiling lining m2 3,400 24,000 30 - 45 30 - 45
20. Two coats of emulsion paint to plastered surfaces m2 6,100 7,100 3.5 - 4.0 3.50 - 4.00
60 61
2. CONSTRUCTION COST DATA
KARACHI BANGKOK*
DESCRIPTION UNIT Rs BAHT
4Q 2010 4Q 2011 4Q 2010 4Q 2011
1. Excavating basement not exceeding 2m deep m3 375 - 530 385 - 635 100 100
2. Excavating for footings not exceeding 1.5m deep m3 310 - 435 320 - 495 100 100
3. Remove excavated materials off site m3 175 - 225 180 - 280 100 100
4. Hardcore bed blinded with ne materials m3 1,060-1,235 1170 - 1413 500 600
3
5. Mass concrete grade 15 m 4,400-4,700 5000 - 5500 1,800 2,000
6. Reinforced concrete grade 30 m3 7,350-8,500 7500 - 8500 2,100 2,400
7. Mild steel rod reinforcement kg 80 -110 80 - 110 27 31
8. High tensile rod reinforcement kg 75 - 115 77 - 115 26 30
9. Sawn formwork to softs of suspended slabs m2 485 - 590 485 - 625 350 350
2
10. Sawn formwork to columns and walls m 485 - 590 550 - 790 350 350
11. 112.5mm thick brick walls m2 750 - 915 990 - 1060 700 700
12. "Kliplok Colorbond" 0.64mm proled steel sheeting m2 3,765-4,845 3765 - 4845 1,000 1,200
13. Aluminium casement windows, single glazed m2 4,850-6,456 5000 - 7500 5,500 6,000
14. Structural steelwork - beams, stanchions and the like kg 135 - 150 135 - 160 55 55
15. Steelwork - angles, channels, ats and the like kg 135 - 150 135 - 160 55 55
16. 25mm Cement and sand (1:3) paving m2 425 - 590 425 - 590 180 200
Davis Langdon & Seah Korea Co., Ltd.
17. 20mm Cement and sand (1:4) plaster to walls m2 375 - 580 375 - 580 200 200
18. Ceramic tiles bedded to oor screed (m/s) m2 1,025-1,400 1300 - 1500 1,200 1,200
19. 12mm brous plasterboard ceiling lining m2 850 - 1185 850 - 1250 800 800
20. Two coats of emulsion paint to plastered surfaces m2 270 - 375** 270 - 375 100 100
62 63
2. CONSTRUCTION COST DATA
BRUNEI JAKARTA*
DESCRIPTION UNIT B$ RP'000
4Q 2010 4Q 2011 4Q 2010 4Q 2011
17. 20mm Cement and sand (1:4) plaster to walls m2 8.00 8.00 42.00 50.00
18. Ceramic tiles bedded to oor screed (m/s) m2 25.00 23.00 90.00 110.00
19. 12mm brous plasterboard ceiling lining m2 18.00 28.00 85** 100.00
20. Two coats of emulsion paint to plastered surfaces m 2
3.50 5.00 17.00 18.00
64 65
2. CONSTRUCTION COST DATA
MANILA SINGAPORE*
DESCRIPTION UNIT PHP S$
4Q 2010 4Q 2011 4Q 2010 4Q 2011
17. 20mm Cement and sand (1:4) plaster to walls m2 350 350 15.00 15.50
18. Ceramic tiles bedded to oor screed (m/s) m2 1,200 1,200 65.00 65.50
19. 12mm brous plasterboard ceiling lining m2 1,300 1,300 30.00 30.00
20. Two coats of emulsion paint to plastered surfaces m 2
350 350 3.50-4.00 3.50-4.00
66 67
2. CONSTRUCTION COST DATA
68 69
2. CONSTRUCTION COST DATA
SHANGHAI SHENZHEN/GUANG-ZHOU
DESCRIPTION UNIT RMB RMB
4Q 2010 4Q 2011 4Q 2010 4Q 2011
70 71
2. CONSTRUCTION COST DATA
MACAU INDIA*
DESCRIPTION UNIT MOP Rs
4Q 2010 4Q 2011 4Q 2010 4Q 2011
17. 20mm Cement and sand (1:4) plaster to walls m2 89 95 200 230
18. Ceramic tiles bedded to oor screed (m/s) m2 230 400 900 1,100
19. 12mm brous plasterboard ceiling lining m2 365 460 825 850
20. Two coats of emulsion paint to plastered surfaces m 2
80 80 130 130
NOTE: *Rates are based on projects in Bangalore and are nett of VAT and
Costs are based on lump sum fixed price contract rate exclusive of Service Tax. Mumbai costs are generally 7% higher.
preliminaries and contingencies unless otherwise stated
72 73
2. CONSTRUCTION COST DATA
17. 20mm Cement and sand (1:4) plaster to walls m2 3,000 3,000 66,000 66,350
18. Ceramic tiles bedded to oor screed (m/s) m2 6,100 6,100 240,000 245,000
19. 12mm brous plasterboard ceiling lining m2 N/A N/A 282,000 300,000
20. Two coats of emulsion paint to plastered surfaces m 2
900 900 55,000 62,300
74 75
2. CONSTRUCTION COST DATA
RESIDENTIAL
Detached Houses 59,000-98,000 80,000-110,000 75,000-166,500 550-1,500 N/A 675-16,500
Av Standard Condo, High Rise 59,000-71,000 100,000-130,000 44,000-57,000 14,000-23,500 26,000-44,000 1,400-1,800
Luxury Condo, High Rise 72,500-103,500 130,000-170,000 51,000-78,000 14,000-28,000 38,000-65,000 2,200-3,700
OFFICE
Av Standard Ofces, High Rise 152,000-178,000 220,000-300,000 32,000-43,000 33,000-48,000 42,000-45,000 12,900-23,000
Prestige Ofces, High Rise 157,500-195,000 300,000-365,000 37,000-59,000 40,000-55,000 45,000-95,000 19,300-30,500
INDUSTRIAL
Flatted Factories 72,000-119,000 115,000-140,000 19,000-33,500 38,000-47,000 16,000-25,000 4,000-12,700
Warehouses 25,000-63,000 70,000-110,000 16,000-25,000 20,000-44,000 16,000-52,000 4,000-12,500
HOTELS
Resort Hotels 136,500-126,500 240,000-320,000 81,500-70,500 46,500-36,500 65,000-105,000 5,600-17,700
3-Star Hotels 139,000-181,000 300,000-400,000 74,000-96,500 49,000-56,000 75,000-115,000 12,900-22,000
Davis Langdon & Seah Korea Co., Ltd.
OTHERS
Elevated Car Parks N/A 20,000-50,000 7,000-24,000 6,500-22,500 0-25,000 N/A
Basement Car Parks 16,000-31,000 40,000-60,000 8,000-15,000 23,500-33,000 0-25,000 1,600-5,200
Shopping Centres 132,000-201,000 200,000-230,000 39,500-66,500 32,500-59,500 55,000-78,000 3,700-34,700
NOTE:
The above costs are at 4th Quarter 2011 levels.
76 77
2. CONSTRUCTION COST DATA
78 79
2. CONSTRUCTION COST DATA
NOTE: # All rates are nett of VAT. Rates for Electrical Services are excluding
The above costs are at 4th Quarter 2011 levels exclusive of genset.
contingencies unless stated otherwise. Rates for Hydraulic Services are excluding STP.
# Rates are nett of VAT Rates for Mechanical Services refers to ACMV Rates only
* Generally without A/C
** Excludes special power supply
80 81
2. CONSTRUCTION COST DATA
Apartment 55-105
LIFTS/ESCALATORS
Ofces 250-410 275-540 N/A 5,600 650-900
Industrial 135-390 130-380 N/A 2,500 400-550
Hotels 200-390 215-485 500-700 5,100 800-1000
Shopping Centres 305-430 320-485 400-600 3,600 800-1100
Apartment 105-230 160-320 400-500 2,700 500-700
82 83
2. CONSTRUCTION COST DATA
84 85
2. CONSTRUCTION COST DATA
86 87
CONTRACT PROCUREMENT
Davis Langdon & Seah Korea Co., Ltd.
90 91
3. CONTRACT PROCUREMENT
(8) Quantities in the Bill of Quantities are estimated quantities Contractual Arrangements
[Clause 14.1]
Contractual arrangements are concerned with the type
(9) Provision for advance payment to the Contractor upon of agreement to be entered into and the obligations,
submission of an Advance Payment Guarantee, if Employer responsibilities, rights and liabilities assumed by the parties
agrees [Clause 14.2] under a contract. It deals with the situation that exists from
the time when a contract is formed until the time when all the
(10) Amount certied in Interim Payment Certicate is paid by obligations created by it have been discharged.
the Employer within 56 days from receipt of the Contractors
Statement and supporting documents[Clause14.7] Contractual arrangements may comprise the following:
92 93
3. CONTRACT PROCUREMENT
TYPES OF CONTRACT
A develop and construct contract is a contractual arrangement A management contract is one in which the Management
where the Employer engages consultants to design the project Contractor is appointed to manage the planning and
to a certain stage; the Contractor then develops and completes construction of a project and in which the construction work is
the design and constructs the building. executed by Sub-Contractors working under him, selected and
appointed as the job proceeds.
Orders for work are issued progressively from time to time Construction management contracts entail an interactive
throughout the contract period. The work is measured, valued procurement concept involving combined efforts of the
and the Contractor is paid accordingly subject to the tendered Employer, Construction Manager, design consultants and
adjustment on the Schedule of Rates. multitude of work package contractors.
94 95
3. CONTRACT PROCUREMENT
96 97
3. CONTRACT PROCUREMENT
4. Design Decision of
- Main Architect: Client only needs to nominate the master plan for
development
Main Architect. All M&E and other subconsultants
are hired by the Architect. Decision of Selection of
Prior selection
- Main Architect is responsible for all Design working plan of housing site development
for development areas
Review, Approval and Occupancy Permit.
- Two Stages of Procedure for Design Approval. ARCHITECT /
(QS)
(Takes approximately 2 months period) Development GOVERNMENT
- First Stage : Architectural & Aesthetical Feasibility PERMIT
Study STUDY
Evaluation Recommendation
- Second Stage: Building Permit Evaluation of construction
company PROJECT
- For interior works most interior consultants carry Preparation of COMPANY
proposal for the
out interior construction also as design builder. project
Cost)
Contracts
- Utility Connection Cost are billed to Client.
GOVERNMENT
PERMIT
6. Strategy for Advertisement and Sales SUBMISSION
Starting
- Nomination of Sales & Marketing Agent construction
work
- Korean Market Study / Special Real Estate
Selection of
Market tenants
Completion of
construction
work
Occupation by
residents
98 99
3. CONTRACT PROCUREMENT
OTHER INFORMATION
Exchange Rates
Prime Rates
Currency Fluctuations
Conversion Factors
IDD Codes & Time Differences
Relevant Contacts
4. OTHER INFORMATION
Approximate rates at 2nd Jan 2012 PRIME RATES (as of 4th Quarter 2011)
Thailand Baht 36.54 Note: Depending on the circumstances, prime rates may vary from time
to time
104 105
4. OTHER INFORMATION
CURRENCY FLUCTUATIONS
1150.00
1800.00
1750.00
1100.00 1700.00
1050.00 1650.00
N
A
O
F
D
J
J
J
M
Oct
Aug
Dec
Nov
Jan
May
Feb
Sep
Apr
July
Jun
Mar
Hong Kong Dollar Japanese Yen
KRW per 1 HK$ KRW per 1 J
Davis Langdon & Seah Korea Co., Ltd.
150.00
1550.00
145.00
140.00 1450.00
135.00 1350.00
130.00
Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec 1250.00
Feb
Sep
Oct
Apr
July
Jun
Aug
Mar
Dec
Nov
Jan
May
106 107
4. OTHER INFORMATION
CONVERSION FACTORS
TO METRIC TO IMPERIAL
UNIT
(Approx) (Approx)
LENGTH
10 mm 1 cm 12 in 1 ft 1 in 25.400 mm 1 cm 0.394 in
100 cm 1m 3 ft 1 yd 1 ft 30.480 cm 1m 3.281 ft
1,000 m 1 km 1,760 yd 1 mile 1 yd 0.914 m 1m 1.094 yd
1 mile 1.609 km 1 km 0.621 mile
AREA
10,000 m2 1 ha 9 ft2 1 yd2 1 ft2 0.093 m2 1 m2 10.764 ft2
100 ha 1 km2 4,840 yd2 1 acre 1 yd2 0.836 m2 1 m2 1.196 yd2
638 acre 1 mile2 1 acre 0.405 ha 1 ha 2.471 acres
1 mile2 2.590 km2 1 km2 0.386 mile2
VOLUME
1,000 ml 1 ltr (UK) 8 pt 1 gal (UK) 1 pt 0.568 ltr (UK) 1 ltr 1.760 pt
(US) 8 pt 1 gal (US) 1 pt 0.473 ltr (US) 1 ltr 2.113 pt
(UK) 1 gal 4.546 ltr (UK) 1 ltr 0.220 gal
(US) 1 gal 3.785 ltr (US) 1 ltr 0.264 gal
MASS
Davis Langdon & Seah Korea Co., Ltd.
108 109
4. OTHER INFORMATION
IDD Time
DESTINATION Country Difference PUBLIC ORGANISATIONS
Code (hours)*
Korea (South) 82 0 Korean Institute of Construction Technology
2311 Daehwa-Dong
Macau 853 -1 Ilsan-Gu, Goyang-City
Gyeonggi-Do 411-712
Malaysia 60 -1 Tel: (82) 31 910 0113
Fax: (82) 31 910 0111
Myanmar 95 -2.5
E-mail: Webmaster@kict.re.kr
Website: www.kict.re.kr/eng./
Philippines 63 -1
Vietnam 84 -2
110 111
4. OTHER INFORMATION
RELEVANT CONTACTS
112 113
4. OTHER INFORMATION
RELEVANT CONTACTS
114 115
DAVIS LANGDON & SEAH
DLS Culture
Professional Services
Davis Langdon & Seah International Ofces
Acknowledgements
Davis Langdon & Seah Korea Co., Ltd.
5. DAVIS LANGDON & SEAH
professional development
in core skills of our staff.
service of excellence
opportunities for
With this commitment, DLS aims to contribute to a more
environmentally friendly approach to buildings and will
continually promote the mindset of more sustainable
development to our clients.
EHS COMMITMENT
privileged to work.
Management
as-
Paper
Electricity
Water
consultancy services
make a measurable
objective.
118 119
5. DAVIS LANGDON & SEAH
As a company, DLS believes that the protection of the We are continuing to improve on our core skill as Cost
environment is a responsibility that everyone carries on his or Consultants while at the same time developing specialisms
her shoulders. We believe that a healthy environment is the such as Value Management, Value Engineering, Risk Analysis,
main catalyst in determining the well-being of our society and Life Cycle Costing and Project Management.
our people and business, and is the foundation for a sustainable
and strong economy. The Practice hopes to create an environment to harness this
initiative by continuing to conduct and promote in-house
Our rm has set out to champion and encourage various efforts lectures/wokshops.
to ensure that this corporate responsibility is reected in all our
endeavors. With this vision, our Practice has set up a dedicated We select only capable, qualied and enthusiastic individuals
Sustainable Consultancy Unit to study into the various issues to be part of our Quantity Surveying Practice. To further groom
to aid our clients in developing the necessary guidelines to our staff and maximize our staff potential, we provide training
minimise the environmental impact of their projects. to staff internally on the latest developments/innovations in
the construction industry, legal issues and also to develop
HUMAN CAPITAL STRATEGY staff interpersonal skills. We also conduct quarterly seminars
externally for the industry at large, so as to create awareness
We recognise that human capital is our vital asset and inculcate on the latest industry developments. Specialized trainings are
that our people are our investments leading to our excellence also conducted by external trainers.
through delivering good services and in turn Deviler Success
for DLS.
120 121
5. DAVIS LANGDON & SEAH
Davis Langdon & Seah Korea Co., Ltd. provides a total Sports Centres
integrated cost and management service in the following areas Water and Waste Projects
to meet and add value to each individual Clients specific
needs:
Quantity Surveying
Mechanical and Electrical Engineering Quantity Surveying
Civil Engineering Quantity Surveying
Project Management
Services of Employers Agent (for Design-Build projects)
122 123
5. DAVIS LANGDON & SEAH
KOREA BEIJING
DAVIS LANGDON & SEAH (BEIJING) CONSTRUCTION
SEOUL CONSULTANTS CO., LTD.
DAVIS LANGDON & SEAH KOREA CO., LTD. Suite 1225 - 1238, Juneeld Plaza, Central Tower South,
#429 G-Five, Central Plaza No.10 Xuan Wu Men Wai Street
1685-8 Seocho 4-Dong, Beijing 100 052, China
Seocho-Gu, Seoul Tel : (00 86 10) 6310 1136
Korea 137-882 Fax : (00 86 10) 6310 1143
Tel : (00 82 2) 543 3888 Email : dlsbj@dlsbj.com
Fax : (00 82 2) 543 3898 Contact : Chan Chi Keung, Andrew
Email : dlsk@dlskorea.com, DLSKorea@dls.com.sg
Contact : Goh Chok Sin / Victor Stanger CHENGDU
DAVIS LANGDON & SEAH CONSULTANCY (CHENGDU)
BRUNEI CO., LTD.
Room 807, Block A, Times Plaza
BANDAR SERI BEGAWAN No.2 Zongfu Road
DAVIS LANGDON & SEAH Chengdu, Sichuan Province 610 016, China
JURUUKUR BAHAN UTAMA-DLS Tel : (00 86 411) 8800 8018
Unit 25, BT Complex, Kg. Jaya Setia Fax : (00 86 411) 8800 8823
Mukim Berakas A BB2713 Email : dlscd@dlscd.com
Bandar Seri Begawan BS8670 Contact : Chan Hoi Or, Joe
Negara Brunei Darussalam
Tel : (00 673) 233 2833 CHONGQING
Fax : (00 673) 233 2933 DAVIS LANGDON & SEAH CHINA LIMITED
Davis Langdon & Seah Korea Co., Ltd.
DALIAN HANGZHOU
DAVIS LANGDON & SEAH (BEIJING) CONSTRUCTION DAVIS LANGDON & SEAH CONSULTANCY
CONSULTANTS CO., LTD. (SHANGHAI) CO.LTD. HANGZHOU BRANCH
DALIAN BRANCH Room 2305 WinNing International, 100 Min Xin Road,
Unit 07, 32F, Xiwang Tower Hangzhou, Zhejiang Province 310016, China
136 Zhongshan Road, Zhongshan District GPS : 30.2510, 120.2171
Dalian, Liaoning Province Tel : (00 86 571) 2829 7766
116001, China Fax : (00 86 571) 2829 7622
GPS : 38.9148, 121.6309 Email : dlshz@dlshz.com
Tel : (00 86 411) 8800 8018 Contact : Lai Pak Hung
Fax : (00 86 411) 8800 8823
Email : dlsdalian@dlsdalian.com HONG KONG
Contact : Ng Kin Kan, Kenn DAVIS LANGDON & SEAH HONG KONG LTD.
DAVIS LANGDON & SEAH CHINA LTD.
FOSHAN DLS MANAGEMENT LTD.
DAVIS LANGDON & SEAH CONSULTANCY 38/F Two Landmark East, 100 How Ming Street
(SHENZHEN) CO., LTD. Kwun Tong, Kowloon, Hong Kong
FOSHAN BRANCH Tel : (00 852) 2830 3500
Unit 1803 Room 2, 18/F Hua Hui Mansion Fax : (00 852) 2576 0416
46 Zu Miao Road Email : dlshk@dlshk.com
Foshan, Guangdong Province 528 000, China Website : www.dlsqs.com
Tel : (00 86 757) 8203 0028 Contact : Lee Ying Kee, Joseph
Fax : (00 86 757) 8203 0029
Email : dlsgz@dlsgz.com MACAU
Contact : Wong Wing Cheung, Jack DAVIS LANGDON & SEAH MACAU LIMITED
14 Andar B
Davis Langdon & Seah Korea Co., Ltd.
126 127
6. DAVIS LANGDON & SEAH
SANYA SHENZHEN
DAVIS LANGDON & SEAH CONSULTANCY DAVIS LANGDON & SEAH CONSULTANCY
(SHENZHEN) CO. LTD. SANYA BRANCH (SHENZHEN) CO LTD
1206 Skyline Tower119 Yingbin Road Room E & F, 42/F,
Sanya, Hainan Province572000 China World Finance Centre, Block A
GPS : 18.4214, 109.8531 4003 East Shennan Road
Tel : (00 86 898) 3828 0878 Shenzhen, Guangdong Province 518 001, China
Fax : (00 86 898) 3828 0678 Tel : (00 86 755) 8269 0642
Email : dlssz@dlssz.com Fax : (00 86 755) 8269 0641
Contact : Lee Kwok Wing, Dickey Email : dlssz@dlssz.com
Contact : Lee Kwok Chu, Kenneth
SHANGHAI
DAVIS LANGDON & SEAH CONSULTANCY SUZHOU
(SHANGHAI) CO. LTD. DAVIS LANGDON & SEAH CONSULTANCY
Room 1582, Tower B, City Centre of Shanghai (SHANGHAI) CO LTD SUZHOU BRANCH
100 Zun Yi Road, Shanghai 200 051, China Room 1606 Century Financial Tower
Tel : (00 86 21) 6091 2800 1 Suhua Road, Industrial Park
Fax : (00 86 21) 6091 2999 Suzhou, Jiangsu Province
Email : dlssh@dlssh.com 215021 China
Contact : Lai Pak Hung GPS : 331.3157, 120.6751
Tel : (00 86 512) 8777 5599
SHENYANG Fax : (00 86 512) 8777 5600
DAVIS LANGDON & SEAH (BEIJING) CONSTRUCTION, Email : dlssu@dlssu.com
CONSULTANTS CO. LTD. SHENYANG BRANCH Contact : Lai Pak Hung / Zhang Rui
Room 8-9, 11/F, E Tower of Fortune Plaza
59 Beizhan Road, Shenhe District TIANJIN
Davis Langdon & Seah Korea Co., Ltd.
Shenyang City, Liaoning Province,110 013, China DAVIS LANGDON & SEAH CONSULTANCY CO LTD
Tel : (00 86 24) 3128 6678 TIANJIN BRANCH
Fax : (00 86 24) 3128 6983 4002, 40/F, Tianjin World Financial Centre Ofce Tower
Email : dlssy@dlssy.com No.2 Dagubei Road,
Contact : Kwok Hiu Larm, Frank / Chow Hau Ming, Simon He Ping District, Tianjin 300 020, China
GPS : N/A
Tel : (00 86 22) 2329 9611
Fax : (00 86 22) 2319 3186
Email : dlstj@dlstj.com
Contact : Wong Chin Ying
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5. DAVIS LANGDON & SEAH
WUHAN DELHI
DAVIS LANGDON & SEAH CONSULTANCY DAVIS LANGDON & SEAH CONSULTING INDIA PVT.
(SHANGHAI) CO. LTD. WUHAN BRANCH LTD
Room B, 5th Floor, 2-1 Building, Wuhan Tiandi The Elements
68 Lu Gou Qiao Road 2nd FLoor, Unit No.465
Wuhan City, Hubei Province 430 010, China Udyog Vihar, Phase-V
Tel : (00 86 27) 5920 9299 Gurgaon, Haryana 122 016 India
Fax : (00 86 27) 5920 9298 Tel : (00 91 124) 430 8790
Email : dlswh@dlswh.com Fax : (00 91 124) 430 8793
Contact : Lee Kwok Wing, Dickey Email : dlsindia@dls.co.in
Contact : Jim Pollock / Lorimer Doig / Arun Basu
INDIA
HYDERABAD
BANGALORE DAVIS LANGDON & SEAH CONSULTING INDIA PVT
DAVIS LANGDON & SEAH CONSULTING INDIA PVT. LTD
LTD. 2nd Floor, Trade Fair Ofce
3rd Floor, Raheja Chancery Hitex Exhibition Center
No.133 Brigade Road Izzat Nagar
Bangalore 560 025, India Hyderabad 500 084, India
Tel : (00 91 80) 4123 9141 Tel : (00 91 40) 2311 4942
Fax : (00 91 80) 4123 8922 Fax : (00 91 40) 2311 2942
Email : dlsindia@dls.co.in Email : dlsindia@dls.co.in
Contact : Jim Pollock / Lorimer Doig / Velan Murali / Biju Contact : Jim Pollock / Lorimer Doig / Ramamurthi
AK Karthikeyan
CHENNAI PUNE
Davis Langdon & Seah Korea Co., Ltd.
DAVIS LANGDON & SEAH CONSULTING INDIA PVT. DAVIS LANGDON & SEAH CONSULTING INDIA PVT
LTD. LTD
New No.125 (Old No.63) Ofce No. 02/, Arvind Apartment
Jammi Building, 1st Floor First Floor, CTS 1130/1, Survey No.93
Royapettah High Road, Mylapore Fergusson College Road
Chennai 600 004, India Near Dyaneshwat Paduka Chowk
Tel : (00 91 44) 2498 8141 Shviagnagar, Pune -411 005, India
Fax : (00 91 44) 2498 8137 GPS : N/A
Email : dlsindia@dls.co.in Tel : (00 91 20) 2551 4980
Contact : Jim Pollock / Lorimer Doig / Sankar Fax : N/A
Ramakrishnan Email : N/A
Contact : Jim Pollock / Lorimer Doig / Darshan Joshi
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5. DAVIS LANGDON & SEAH
MUMBAI MALAYSIA
DAVIS LANGDON & SEAH CONSULTING INDIA PVT
LTD SELANGOR
1204/5/6, Maithilis Signet DAVIS LANGDON & SEAH (MALAYSIA) SDN BHD
Plot No. 39/4, Sector No.30A DLSM PROJEKS SDN BHD
Vashi JURU UKUR BAHAN MALAYSIA
Navi Mumbai 400 703, India JUBM SDN BHD
Tel : (00 91 22) 4156 8686 DLS MANAGEMENT (M) SDN BHD
Fax : (00 91 22) 4156 8615 2, Jalan PJU 5/15, Kota Damansara
Email : dlsindia@dls.co.in 47810 Petaling Jaya
Contact : Jim Pollock / Lorimer Doig / Darshan Selangor Darul Ehsan, Malaysia
Joshi Tel : (60 3) 6156 9000
Fax : (60 3) 6157 8660
INDONESIA Email : info@dlsjubm.com.my
Contact : Loo Ming Chee / Mohd Ali Abd Karim / Justin
BALI Teoh / Mohd Faiz Awang / Nur Aziz Abu Bakar
P.T. DAVIS LANGDON & SEAH INDONESIA
Jalan Sunset Road No 8C JOHOR
Lingkungan Abian Base DAVIS LANGDON & SEAH (MALAYSIA) SDN BHD
Bali 80361, Indonesia JURU UKUR BAHAN MALAYSIA
GPS : N/A JUBM SDN BHD
Tel : (00 62 361) 894 7517 DLSM PROJEKS SDN BHD
Fax : (00 62 361) 894 7392 DLS MANAGEMENT (M) SDN BHD
Email : dlsbali@dls.co.id 47, Jalan Setia Tropika 1/30
Contact : Ir. Putu Arya Canti Taman Setia Tropika
81200 Johor Bahru
Davis Langdon & Seah Korea Co., Ltd.
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5. DAVIS LANGDON & SEAH
PENANG PAKISTAN
DAVIS LANGDON & SEAH (MALAYSIA) SDN BHD
JURU UKUR BAHAN MALAYSIA KARACHI
JUBM SDN BHD DAVIS LANGDON & SEAH PAKISTAN (PRIVATE)
DLSM PROJEKS SDN BHD LIMITED
DLS MANAGEMENT (M) SDN BHD 18C, Nishat Commercial Lane 4
Suite 3A-3, Level 3A Khayaban-e-Bukhari, Phase 6, DHA
Wisma Great Eastern Karachi
No.25, Lebuh Light 75500 Pakistan
10200 Penang, Malaysia Tel : (00 9221) 3524 0191-94
Tel : (60 4) 264 2071 / 264 2072 / 264 2073 Fax : (00 9221) 3524 0195
Fax : (60 4) 264 2068 Email : info@dls.com.pk
Email : penangofce@dlsjubm.com.my Contact : Nur Aziz Abu Bakar / Shoaib Iqbal
Contact : Mohd Faiz Awang
PHILIPPINES
SABAH
DAVIS LANGDON & SEAH (MALAYSIA) SDN BHD MANILA
JURU UKUR BAHAN MALAYSIA DAVIS LANGDON & SEAH PHILIPPINES INC
JUBM SDN BHD 4th & 7th Floor, Kings Court 1
DLSM PROJEKS SDN BHD 2129 Pasong Tamo, Makati City
DLS MANAGEMENT (M) SDN BHD 1231 Philippines
Suite 8A, 8th Floor, Wisma Pendidikan, Jalan Padang Tel : (00 63 2) 811 2971
P.O.Box 11598, 88817 Kota Kinabalu Fax : (00 63 2) 811 2071
Sabah, Malaysia Email : manila@dls.com.ph
Tel : (60 88) 223 369 Contact : Alan Philip Hearn
Fax : (60 88) 216 537
Davis Langdon & Seah Korea Co., Ltd.
VIETNAM
HANOI
DAVIS LANGDON & SEAH VIETNAM CO., LTD.
4th Level Thanh Dong Building
132-138 Kim Ma Street, Ba Dinh District
Hanoi, Vietnam
Tel : (00 844) 3942 7525
Fax : (00 844) 3942 7526
Email : dlsvietnam@dls.com.sg
Contact : Mark Olive
Davis Langdon & Seah Korea Co., Ltd.
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5. DAVIS LANGDON & SEAH
ACKNOWLEDGEMENTS
Bank of Korea
Ministry of Knowledge Economy
Korean Statistical Information Service
Davis Langdon & Seah Korea Co., Ltd.
138 139
5. DAVIS LANGDON & SEAH
NOTES NOTES
Davis Langdon & Seah Korea Co., Ltd.
140 141
5. DAVIS LANGDON & SEAH
NOTES NOTES
Davis Langdon & Seah Korea Co., Ltd.
142 143