SUBDIVISION APPROACH VALUATION

EXAMPLE
Land Area @ P 1,000/sq.m.
Less: 30% Open Space/Road Network
Net Saleable Area

20.0 Hectares
6.0 Hectares
14.0 Hectares

Rawland Value (200,000 sq.m. @ P 1,000/sq.m.

P 200,000,000

Add: Development Cost (50% of acquisition):

(Road Tracing, Grading & Concreting,
Drainage, Water & Other Utilities)
Surveying Expenses

P 100,000,000

Preparation of Scheme of Subdivision)

Monumenting of Lots)
Field Works & Approval of Plan)
10%
HLURB-Licensing Requirements
Site Development Permits
Publication & License to Sell)
Titling Expenses
Cost of Issuance of Individual Titles
Legal Fees & Other Misc. fees
5%
Cost of Money-Financing
20%
Marketing Expenses
10%
Mark Up (Profit)
20%
Total (65% X P200,000,000)
P130,000,000

TOTAL LAND COST

Divided by (No. of Saleable Area)

SELLING:

P430,000,000
140,000 square meters

Price Per Square Meter

P 3,071.00