08-23-2008, 12:36 PM
The last concrete condo complex I built cost $40,000,000 as I recall. I have not built a wooden complex in a while, so I don't have up to date numbers for those. [
] Seriously, I really don't have a clue, but I guess it depends on where you build. Our high-end concrete condo in Taiwan cost about 25% of what it would have cost here and I am sure the developer still made money. Our condo on Penang was even less, about 20% of what it would have cost here. Interestingly, hardly anyone build concrete condos here and hardly anyone build wooden condos elsewhere.
Aloha,
John S. Rabi, GM,ARB,BFT,CM,CBR,FHS,PB,RB
808.989.1314
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"
] Seriously, I really don't have a clue, but I guess it depends on where you build. Our high-end concrete condo in Taiwan cost about 25% of what it would have cost here and I am sure the developer still made money. Our condo on Penang was even less, about 20% of what it would have cost here. Interestingly, hardly anyone build concrete condos here and hardly anyone build wooden condos elsewhere.Aloha,
John S. Rabi, GM,ARB,BFT,CM,CBR,FHS,PB,RB
808.989.1314
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"