Building cost ng New Senate Building , aabot na sa P31.6B, batay sa huling kompyutasyon ng DPWH | 24 Oras - video Dailymotion

GMA Integrated News

Lumobo pa sa mahigit P31-B ang gastos sa pagpapatayo ng New Senate Building, batay sa huling pag-kwenta ng DPWH.   Ayon sa isang property consultant, posibleng tumaas pa 'yan habang tumatagal ang konstruksyon.   24 Oras is GMA Network’s flagship newscast, anchored by Mel Tiangco, Vicky Morales and Emil Sumangil. It airs on GMA-7 Mondays to Fridays at 6:30 PM (PHL Time) and on weekends at 5:30 PM. For more videos from 24 Oras, visit http://www.gmanews.tv/24oras.   #GMAIntegratedNews #GMANetwork #KapusoStream  Breaking news and stories from the Philippines and abroad: GMA Integrated News Portal: http://www.gmanews.tv Facebook: http://www.facebook.com/gmanews TikTok: https://www.tiktok.com/@gmanews Twitter: http://www.twitter.com/gmanews Instagram: http://www.instagram.com/gmanews  GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe

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00:00The cost of the construction of the new Senate building increased to more than P31 billion based on the last account of the DPWH.

00:11According to a property consultant, it is possible that the cost of the construction will increase as time goes by.

00:16Ma'am Gonzales has the story.

00:21This January, the Senate will submit a plan for the new Senate building,

00:25which was sometimes called by Senator Alan Peter Cayetano as the most expensive house in the Philippines.

00:31According to the last computation of the Department of Public Works and Highways,

00:34the cost of the building will reach P31.6 billion.

00:38If you compute the total floor area of the new Senate building, which is more than 130,000 square meters,

00:44the cost of each square meter will be more than P240,000.

00:50Based on the 2024 estimates of the construction consultancy Arcadis,

00:54the most expensive construction cost for a high-rise office of this quality is P92,000 per square meter.

01:00The most expensive fit-out or the designs inside, including the walls, ceiling, ceiling, plumbing, and others, is P91,000 per square meter.

01:10If you add it up, the construction and fit-out cost for the most expensive office is P183,000 per square meter.

01:18However, the cost for the basement parking is not included.

01:22According to David Lee Chu, a property consultant,

01:25it depends on whether the 131,570 square meters is a usable space or a construction floor area

01:32to say if the cost here is reasonable.

01:36If that is based on the construction floor area, which means including the parking,

01:42including the garbage room, machine room, and all that, at P240,000, that sounds like a lot.

01:51That is probably the most expensive building in the Philippines, if those numbers are true.

01:56So let's say it's not, and the P241,000 square meters is based on the usable space.

02:03What will remain there is the hallways, elevator lobby, ground floor lobby, office space, plenary hall, etc.

02:11Then that might sound reasonable.

02:15Now the next question is, how high-end is high-end?

02:19The construction cost range is large because it depends on the materials and facilities that will be built.

02:25Some things that will move that number.

02:29If you start to have very specialized facilities,

02:34like an auditorium with soundproofing and high-tech sound systems,

02:42that number could be anywhere.

02:44It will be a big range.

02:46Lee Chu added that the design of the new Senate building is really expensive,

02:51with four towers and a diagonal design.

02:54The engineering cost of the structural works for a building like that design

03:01is much higher than if it was a simple straight column building.

03:05So the columns are not straight vertically, it's diagonal, and that's very expensive.

03:12So there are certain costs that are unseen, like literally unseen,

03:18because it's inherited, embedded in the structure.

03:22As time goes by, construction costs will increase due to inflation,

03:27currency exchange rate, and the closure of many suppliers from China.

03:32I think value engineering is always possible,

03:35especially when they haven't completed the building,

03:39and I suppose they haven't completely purchased all the materials.

03:45That cost is dramatically changing because we are now in the most expensive part of the building,

03:51which is the finishing.

03:53Where finishing material is almost 100% imported.

03:58The genset elevators, air conditioning systems imported, tile works imported,

04:04cabling, actually it started with the glass.

04:07The glass is almost always imported.

04:10The longer it takes, the more expensive it will be because of the currency.

04:15In the last report of the Senate Committee on Accounts Chair,

04:17Sen. Alan Peter Cayetano, the target for the completion of the new Senate building is by 2027.

04:23For GMA Integrated News, Mav Gonzalez, Nakatutok, 24 Horas.

Building cost ng New Senate Building , aabot na sa P31.6B, batay sa huling kompyutasyon ng DPWH | 24 Oras

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