Cost Of Building In Thailand

[Dokkaebi]

Hi all,

Hope I'm posting this in the correct forum section.....

I am looking at building a 3 level, 70 room apartment block for local market and need current construction prices/m2.

- The proposed project is in the Greater Bangkok area.

-The building will have 3 levels (G+2).

-Max 70 rooms.

-Single rooms with adjoining thai-style bathroom (room size approx. 5x5m each)

-Proposed for local market, (not luxury and not budget either).

The issue is that I have heard wide ranging quotes starting from B1,000/m2 and up to B70,000/m2.

It's also, often quoted to be about B15,000 - B350,000/ROOM.

What is the real cost?

Any advice would be helpful.

Thanks

[Ubon9]

The going price per sq.m. in bangkok is 15.000 to 17.000 THB.

[ZZZ]

Hi all,

Hope I'm posting this in the correct forum section.....

I am looking at building a 3 level, 70 room apartment block for local market and need current construction prices/m2.

- The proposed project is in the Greater Bangkok area.

-The building will have 3 levels (G+2).

-Max 70 rooms.

-Single rooms with adjoining thai-style bathroom (room size approx. 5x5m each)

-Proposed for local market, (not luxury and not budget either).

The issue is that I have heard wide ranging quotes starting from B1,000/m2 and up to B70,000/m2.

It's also, often quoted to be about B15,000 - B350,000/ROOM.

What is the real cost?

Any advice would be helpful.

Thanks

This site should give you a good idea of the costs:

http://www.thaiappraisal.org/English/The2001/Default.htm

[Dokkaebi]

Thanks Ubon9 and ZZZ!

That info is really helpful!