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Building Costs - does 15,000 sqm include profit for the developer

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What is the cost of building on Koh Lanta - I am told 15,000bht sqm is the cost to the builders and they want to charge 20% on top - does this sound reasonable or outrageous?

Can't tell you about building costs on Koh Lanta....but am doing a project (4 units) on the eastern seaboard and its costing me a little less than 10,000 baht a square meter ( includes the builders profit too!)....and that is with double walls, and built in kitchens . Hope that gives you a reference point and helps

Good luck!

Edited by beachproperty

  • Author

Brilliant - thanks that's really useful

small house, concrete, bricks kitchen simple built etc was 50.000 for my sister in law.

Builder were motorbike taxis.

It looks surprisingly good.

I am building a 38 house village , nearly finished and sold and that cost us alot less than what you are thinking . near the eastern seaboard.

kevvy

Edited by kevvy

If you need any help please feel free to ask

Depends on the quality of the materials used

Depends on the quality of the materials used

And even more on the profit the builder makes.....

Moved to housing.

Really depends on the area, the finishing materials, etc. Koh Lanta requires everyone to take two ferries to get to, so right there the developer will say it costs more because of this. Next you have materials. Are you using crappy low cost tiles, or going for imported granite? Fake wood or teak wood? etc. etc.

I can guarantee you it costs more in Phuket than Nakon Nowhere, eastern seaboard etc. Koh Lanta should be lower than Phuket though.

Edited by steelepulse

Found a place here in Thailand that sells real granite 600 baht a sq metr . That is where they cut it . cheap as chips.

Found a place here in Thailand that sells real granite 600 baht a sq metr . That is where they cut it . cheap as chips.

What granite though? Sounds about right for Thai green granite, but if you can get black galaxy for that, you have indeed found the cheapest source :)

Found a place here in Thailand that sells real granite 600 baht a sq metr . That is where they cut it . cheap as chips.

Chips are not cheap any more, try to buy fish and chips and see.....

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