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How Much Would It Cost To Build A 20 Storey Apartment Block? - Investment - Nairaland

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How Much Would It Cost To Build A 20 Storey Apartment Block? by Marinog: 4:10pm On Mar 17, 2022
Hello guys,

Con someone please help with an estimate on the cost of building a condominium block.

I know there are many factors, so this is a rough estimate. Ignore cost of the land.

Building should house 500 - 600 units. Unit types can be equal mix of 1 to 3 bedrooms.
Enough internal car space (preferably from the ground to 3rd floor) to match the number of units.

Room quality should be such that one should be able to fairly get an average rent of 400 - 600k per unit.

Thanks.
Re: How Much Would It Cost To Build A 20 Storey Apartment Block? by Generalissimo75(m): 4:22pm On Mar 17, 2022
Depending on the quality of materials and professionals you work with, your budget range should 900,000,000 to 1,300,000,000.
Re: How Much Would It Cost To Build A 20 Storey Apartment Block? by MONEY247: 4:23pm On Mar 17, 2022
Marinog:
Hello guys,

Con someone please help with an estimate on the cost of building a condominium block.

I know there are many factors, so this is a rough estimate. Ignore cost of the land.

Building should house 500 - 600 units. Unit types can be equal mix of 1 to 3 bedrooms.
Enough internal car space (preferably from the ground to 3rd floor) to match the number of units.

Room quality should be such that one should be able to fairly get an average rent of 400 - 600k per unit.

Thanks.


You can contact.... building and construction company... for estimates...

This forum is far from offering you any ... meaningful..... suggestions..
Re: How Much Would It Cost To Build A 20 Storey Apartment Block? by phorget(m): 4:57pm On Mar 17, 2022
We would deliver with 5billion Naira budget...

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