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RLB Intelligence - Construction Cost Calculator

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class="c-calculator-nav"><div class="c-calculator-nav__content"><ul class="c-calculator-nav-list"><li class="c-calculator-nav-list__item is-active"> <a class="c-cta js-calculator-tab-trigger t-label ui-color--hoki" href="#home"> <span class="ui-icon-wrapper"> <svg class="ui-icon ui-icon--home2"> <use xlink:href="https://www.rlb.com/ccc/wp-content/themes/rlb/static/symbol/svg/sprite.symbol.svg#home2"> </use> </svg> </span> <span class="c-label">Home</span> </a></li><li class="c-calculator-nav-list__item"> <a class="c-cta js-calculator-tab-trigger t-label ui-color--hoki" href="#construction-cost-indicator"> <span class="ui-icon-wrapper"> <svg class="ui-icon ui-icon--cci"> <use xlink:href="https://www.rlb.com/ccc/wp-content/themes/rlb/static/symbol/svg/sprite.symbol.svg#cci"> </use> </svg> </span> <span class="c-label">Construction Cost Indicator</span> </a></li><li class="c-calculator-nav-list__item"> <a class="c-cta js-calculator-tab-trigger t-label ui-color--hoki" href="#rlb-tpi-change"> <span class="ui-icon-wrapper"> <svg class="ui-icon ui-icon--tpi"> <use xlink:href="https://www.rlb.com/ccc/wp-content/themes/rlb/static/symbol/svg/sprite.symbol.svg#tpi"> </use> </svg> </span> <span class="c-label">RLB TPI % Change</span> </a></li><li class="c-calculator-nav-list__item"> <a class="c-cta js-calculator-tab-trigger t-label ui-color--hoki" href="#rlb-cost-relativity"> <span class="ui-icon-wrapper"> <svg class="ui-icon ui-icon--realtivity"> <use xlink:href="https://www.rlb.com/ccc/wp-content/themes/rlb/static/symbol/svg/sprite.symbol.svg#realtivity"> </use> </svg> </span> <span class="c-label">RLB Cost Relativity</span> </a></li><li class="c-calculator-nav-list__item"> <a class="c-cta js-calculator-tab-trigger t-label ui-color--hoki" href="#market-sector-activity"> <span class="ui-icon-wrapper"> <svg class="ui-icon ui-icon--market"> <use xlink:href="https://www.rlb.com/ccc/wp-content/themes/rlb/static/symbol/svg/sprite.symbol.svg#market"> </use> </svg> </span> <span class="c-label">Market Sector Activity</span> </a></li><li class="c-calculator-nav-list__item"> <a class="c-cta js-calculator-tab-trigger t-label ui-color--hoki" href="#glossary-of-terms"> <span class="ui-icon-wrapper"> <svg class="ui-icon ui-icon--glossary"> <use xlink:href="https://www.rlb.com/ccc/wp-content/themes/rlb/static/symbol/svg/sprite.symbol.svg#glossary"> </use> </svg> </span> <span class="c-label">Glossary Of Terms</span> </a></li></ul></div></div></div></div><div class="l-sec__main-content"><div class="c-calculator-tabs-wrapper js-calculator-tabs-wrapper" data-user-location="亚洲"><div id="home" class="c-calculator-tab js-calculator-tab is-active"><div class="l-sec__main-content"><div class="l-sec__heading l-sec__heading--ccc"><div class="c-content-section-title-wrapper"><div class="c-content-section-title"><div class="c-content-section-title__preheading">RLB INTELLIGENCE</div><div class="c-content-section-title__heading">MARKET INSIGHT</div></div></div></div><div class="l-sec__heading"><h3 class="t-introduction ui-color--bali-blue t-center--tablet"> Cities around the world are shaped by their built environment and constructed with the intent to change lives for the better.</h3></div><div class="l-sec__content"><div class="ui-cms-editable t-center--tablet"><p>Each day millions of construction professionals seek ways to access the latest cost information to keep up to date with current market trends. Rider Levett Bucknall (RLB) clients have all the information they need to assist in making informed and successful project decisions with RLB Intelligence.</p></div></div><div class="l-sec__content"><div class="c-simple-list c-simple-list--ccc-card-teasers"><div class="c-simple-list__item"><div class="ccc-card-teaser-wrapper"><div class="ccc-card-teaser"><div class="ccc-card-teaser__inner"><figure class="ccc-card-teaser__media"> <noscript><img class="ccc-card-teaser__img" src="https://www.rlb.com/ccc/wp-content/uploads/sites/8/2021/03/svg-market.svg" alt=""></noscript><img class="lazyload ccc-card-teaser__img" src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.rlb.com/ccc/wp-content/uploads/sites/8/2021/03/svg-market.svg" alt=""></figure><div class="ccc-card-teaser__content"><div class="ccc-card-teaser__title"> Construction Cost Indicator</div><div class="ccc-card-teaser__desc"> Estimate of the current range of costs across the globe key building types.</div><div class="ccc-card-teaser__btn"> <a href="#construction-cost-indicator" class="c-btn js-calculator-tab-trigger"> <span class="c-btn__label"> CALCULATE </span> <i class="c-btn__icon fal fa-arrow-right"></i> </a></div></div></div></div></div></div><div class="c-simple-list__item"><div class="ccc-card-teaser-wrapper"><div class="ccc-card-teaser"><div class="ccc-card-teaser__inner"><figure class="ccc-card-teaser__media"> <noscript><img class="ccc-card-teaser__img" src="https://www.rlb.com/ccc/wp-content/uploads/sites/8/2021/03/svg-cci.svg" alt=""></noscript><img class="lazyload ccc-card-teaser__img" src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.rlb.com/ccc/wp-content/uploads/sites/8/2021/03/svg-cci.svg" alt=""></figure><div class="ccc-card-teaser__content"><div class="ccc-card-teaser__title"> RLB TPI % Change</div><div class="ccc-card-teaser__desc"> Calculates the construction cost differential between two selected dates.</div><div class="ccc-card-teaser__btn"> <a href="#rlb-tpi-change" class="c-btn js-calculator-tab-trigger"> <span class="c-btn__label"> CALCULATE </span> <i class="c-btn__icon fal fa-arrow-right"></i> </a></div></div></div></div></div></div><div class="c-simple-list__item"><div class="ccc-card-teaser-wrapper"><div class="ccc-card-teaser"><div class="ccc-card-teaser__inner"><figure class="ccc-card-teaser__media"> <noscript><img class="ccc-card-teaser__img" src="https://www.rlb.com/ccc/wp-content/uploads/sites/8/2021/03/svg-tpi.svg" alt=""></noscript><img class="lazyload ccc-card-teaser__img" src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.rlb.com/ccc/wp-content/uploads/sites/8/2021/03/svg-tpi.svg" alt=""></figure><div class="ccc-card-teaser__content"><div class="ccc-card-teaser__title"> RLB Cost Relativity</div><div class="ccc-card-teaser__desc"> Calculates the construction cost differential between two selected cities.</div><div class="ccc-card-teaser__btn"> <a href="#rlb-cost-relativity" class="c-btn js-calculator-tab-trigger"> <span class="c-btn__label"> CALCULATE </span> <i class="c-btn__icon fal fa-arrow-right"></i> </a></div></div></div></div></div></div><div class="c-simple-list__item"><div class="ccc-card-teaser-wrapper"><div class="ccc-card-teaser"><div class="ccc-card-teaser__inner"><figure class="ccc-card-teaser__media"> <noscript><img class="ccc-card-teaser__img" src="https://www.rlb.com/ccc/wp-content/uploads/sites/8/2021/03/svg-realtivity.svg" alt=""></noscript><img class="lazyload ccc-card-teaser__img" src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.rlb.com/ccc/wp-content/uploads/sites/8/2021/03/svg-realtivity.svg" alt=""></figure><div class="ccc-card-teaser__content"><div class="ccc-card-teaser__title"> Market Sector Activity</div><div class="ccc-card-teaser__desc"> The current status within the development activity cycle for key construction sectors of selected cities.</div><div class="ccc-card-teaser__btn"> <a href="#market-sector-activity" class="c-btn js-calculator-tab-trigger"> <span class="c-btn__label"> CALCULATE </span> <i class="c-btn__icon fal fa-arrow-right"></i> </a></div></div></div></div></div></div></div></div></div></div><div id="construction-cost-indicator" class="c-calculator-tab js-calculator-tab"><div class="l-sec__main-content"><div class="l-sec__heading l-sec__heading--ccc"><div class="c-content-section-title-wrapper"><div class="c-content-section-title"><div class="c-content-section-title__preheading">RLB INTELLIGENCE</div><div class="c-content-section-title__heading">CONSTRUCTION COST INDICATOR</div></div></div></div><div class="l-sec__heading"><h3 class="t-introduction ui-color--bali-blue t-center--tablet"> Estimates of the current range of costs across the globe for key building types. Rates are in national currency.</h3></div> <!-- CCC - Calculator Layout --><div class="c-calculator-wraper"><form autocomplete="off" class="c-calculator" data-calculator-api="https://www.rlb.com/ccc/zh-hans/wp-json/rlb/v1/calculator/cci/"><div class="c-calculator__inner"><div class="c-calculator__side-panel"> <!-- c-calculator-header --><div class="c-calculator-header"><div class="c-calculator-header__media"> <noscript><img src="https://www.rlb.com/ccc/wp-content/themes/rlb/static/img/svg-cci.svg" alt="Construction Cost Indicator"/></noscript><img class="lazyload" src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.rlb.com/ccc/wp-content/themes/rlb/static/img/svg-cci.svg" alt="Construction Cost Indicator"/></div><div class="c-calculator-header__title">Construction Cost Indicator</div></div> <!-- c-calculator-header --><div class="c-calculator__select"> <select style="width: 100%;" value="" name="cci-region" class="js-custom-multiselect-location c-calculator__select-advanced" data-placeholder="Region"> </select></div><div class="c-calculator__select"> <select style="width: 100%" value="" name="cci-work-type" class="js-custom-select" data-placeholder="Work type"> </select></div><div class="c-calculator__select"> <select style="width: 100%" value="" name="cci-description" class="js-custom-select" data-placeholder="Description"> </select></div><div class="c-calculator__select"> <select style="width: 100%" value="" name="cci-detailed-description" class="js-custom-select" data-placeholder="Detailed description"> </select></div><div class="c-calculator__select"> <select style="width: 100%" value="" name="cci-measure-unit" class="js-custom-select" data-placeholder="Unit of measure"> </select></div><div class="c-calculator__filters"> <a class="c-btn js-scroll-to-sec js-scroll-to-sec-no-hash" href="#result-cci"> <span class="c-btn__label">Calculate</span> </a></div></div><div class="c-calculator__results-wrapper" id="result-cci"></div></div></form></div> <!-- CCC - Calculator Layout --><div class="c-important-disclaimer-wrapper"><div class="c-important-disclaimer"><div class="c-important-disclaimer__inner"><div class="c-important-disclaimer__heading t-bold t-upper ui-color--accent">IMPORTANT DISCLAIMER:</div><div class="c-important-disclaimer__desc t-book t-body ui-color--hoki">Cost information is based on rates as at Q4 2020 and are subject to change. The results shown are indicative only and are to be used as a guide only.<br /> <br /> <strong>The current published rates include the current known impacts on construction costs, associated with on-site productivity, operational issues and general market conditions caused by the continuing impact of the global COVID-19 pandemic. </strong><br /> <br /> Rider Levett Bucknall accepts no responsibility for the accuracy of results or for any losses whatsoever and howsoever arising from any use of or reliance upon any calculations or conclusions reached using this indicator. You should consult Rider Levett Bucknall for further information and verification on the applicability of the results to your circumstances.</div></div></div></div></div></div><div id="rlb-tpi-change" class="c-calculator-tab js-calculator-tab"><div class="l-sec__main-content"><div class="l-sec__heading l-sec__heading--ccc"><div class="c-content-section-title-wrapper"><div class="c-content-section-title"><div class="c-content-section-title__preheading">RLB INTELLIGENCE</div><div class="c-content-section-title__heading">RLB TPI % CHANGE</div></div></div></div><div class="l-sec__heading"><h3 class="t-introduction ui-color--bali-blue t-center--tablet"> Calculates the construction cost differential between two selected dates.</h3></div> <!-- CCC - Calculator Layout --><div class="c-calculator-wraper"><form autocomplete="off" class="c-calculator" method="get" action="https://www.rlb.com/ccc/zh-hans/wp-json/rlb/v1/calculator/tpi/" data-calculator-api="https://www.rlb.com/ccc/zh-hans/wp-json/rlb/v1/calculator/tpi/"><div class="c-calculator__inner"><div class="c-calculator__side-panel"> <!-- c-calculator-header --><div class="c-calculator-header"><div class="c-calculator-header__media"> <noscript><img src="https://www.rlb.com/ccc/wp-content/themes/rlb/static/img/svg-tpi.svg" alt="icon"/></noscript><img class="lazyload" src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.rlb.com/ccc/wp-content/themes/rlb/static/img/svg-tpi.svg" alt="icon"/></div><div class="c-calculator-header__title">RLB TPI % Change</div></div> <!-- c-calculator-header --> <!-- datepicker --><div class="c-calculator__datepicker"><div class="c-datepicker"> <label class="c-datepicker__label" for="datepicker4">ALTERNATIVE DATE (to date)</label> <input data-date-format="M yyyy" data-date-start-date="12/1999" data-date-end-date="12/2029" type="text" autocomplete="off" class="c-datepicker__input js-custom-datepicker" id="datepicker4" name="tpi-startdate" placeholder="MONTH/YEAR"></div></div> <!-- datepicker --><div class="c-calculator__text"> relative to</div> <!-- datepicker --><div class="c-calculator__datepicker"><div class="c-datepicker"> <label class="c-datepicker__label" for="datepicker5">BASE DATE (from date)</label> <input data-date-format="M yyyy" data-date-start-date="12/1999" data-date-end-date="12/2029" type="text" autocomplete="off" class="c-datepicker__input js-custom-datepicker" id="datepicker5" name="tpi-enddate" placeholder="MONTH/YEAR"></div></div> <!-- datepicker --><div class="c-calculator__text"> for</div><div class="c-calculator__select"> <select style="width: 100%;" class="js-custom-multiselect-location js-tpi-select" data-placeholder="Select Locations" multiple="multiple" name="tpi-city[]"><optgroup label="Africa"><option value="Cape Town"> Cape Town</option><option value="Durban"> Durban</option><option value="Johannesburg"> Johannesburg</option></optgroup><optgroup label="America"><option value="Boston"> Boston</option><option value="Chicago"> Chicago</option><option value="Denver"> Denver</option><option value="Honolulu"> Honolulu</option><option value="Las Vegas"> Las Vegas</option><option value="Los Angeles"> Los Angeles</option><option value="New York"> New York</option><option value="Phoenix"> Phoenix</option><option value="Portland"> Portland</option><option value="San Francisco"> San Francisco</option><option value="Seattle"> Seattle</option><option value="Washington DC"> Washington DC</option></optgroup><optgroup label="Australia"><option value="Adelaide"> Adelaide</option><option value="Brisbane"> Brisbane</option><option value="Canberra"> Canberra</option><option value="Darwin"> Darwin</option><option value="Gold Coast"> Gold Coast</option><option value="Melbourne"> Melbourne</option><option value="Perth"> Perth</option><option value="Sydney"> Sydney</option><option value="Townsville"> Townsville</option></optgroup><optgroup label="Canada"><option value="Calgary"> Calgary</option><option value="Toronto"> Toronto</option></optgroup><optgroup label="Europe"><option value="Berlin"> Berlin</option><option value="Brussels"> Brussels</option><option value="Dublin"> Dublin</option><option value="Madrid"> Madrid</option><option value="Paris"> Paris</option><option value="Prague"> Prague</option><option value="Warsaw"> Warsaw</option></optgroup><optgroup label="Middle East"><option value="Abu Dhabi"> Abu Dhabi</option><option value="Doha"> Doha</option><option value="Dubai"> Dubai</option><option value="Riyadh"> Riyadh</option></optgroup><optgroup label="New Zealand"><option value="Auckland"> Auckland</option><option value="Christchurch"> Christchurch</option><option value="Wellington"> Wellington</option></optgroup><optgroup label="North Asia"><option value="Beijing"> Beijing</option><option value="Chengdu"> Chengdu</option><option value="Guangzhou"> Guangzhou</option><option value="Hong Kong"> Hong Kong</option><option value="Macau"> Macau</option><option value="Seoul"> Seoul</option><option value="Shanghai"> Shanghai</option><option value="Shenzhen"> Shenzhen</option></optgroup><optgroup label="South East Asia"><option value="Ho Chi Minh City"> Ho Chi Minh City</option><option value="Jakarta"> Jakarta</option><option value="Kuala Lumpur"> Kuala Lumpur</option><option value="Singapore"> Singapore</option></optgroup><optgroup label="United Kingdom"><option value="London"> London</option><option value="Midlands"> Midlands</option><option value="North East"> North East</option><option value="North West"> North West</option><option value="Northern Ireland"> Northern Ireland</option><option value="South East"> South East</option><option value="South West"> South West</option><option value="Wales"> Wales</option><option value="Yorkshire &amp; Humber"> Yorkshire & Humber</option></optgroup> </select></div><div class="c-calculator__filters"> <a class="c-btn js-scroll-to-sec js-scroll-to-sec-no-hash" href="#result-tpi"> <span class="c-btn__label">Calculate</span> </a></div></div><div class="c-calculator__results-wrapper" id="result-tpi"></div></div></form></div> <!-- CCC - Calculator Layout --><div class="c-important-disclaimer-wrapper"><div class="c-important-disclaimer"><div class="c-important-disclaimer__inner"><div class="c-important-disclaimer__heading t-bold t-upper ui-color--accent">IMPORTANT DISCLAIMER:</div><div class="c-important-disclaimer__desc t-book t-body ui-color--hoki">Cost information is based on rates as at Q4 2020 and are subject to change. The results shown are indicative only and are to be used as a guide only.<br /> <br /> <strong>The current published rates include the current known impacts on construction costs, associated with on-site productivity, operational issues and general market conditions caused by the continuing impact of the global COVID-19 pandemic. </strong><br /> <br /> Rider Levett Bucknall accepts no responsibility for the accuracy of results or for any losses whatsoever and howsoever arising from any use of or reliance upon any calculations or conclusions reached using this indicator. You should consult Rider Levett Bucknall for further information and verification on the applicability of the results to your circumstances.</div></div></div></div></div></div><div id="rlb-cost-relativity" class="c-calculator-tab js-calculator-tab"><div class="l-sec__main-content"><div class="l-sec__heading l-sec__heading--ccc"><div class="c-content-section-title-wrapper"><div class="c-content-section-title"><div class="c-content-section-title__preheading">RLB INTELLIGENCE</div><div class="c-content-section-title__heading">RLB COST RELATIVITY</div></div></div></div><div class="l-sec__heading"><h3 class="t-introduction ui-color--bali-blue t-center--tablet"> Calculates the construction cost differential between two selected cities.</h3></div> <!-- CCC - Calculator Layout --><div class="c-calculator-wraper"><form autocomplete="off" class="c-calculator" method="get" data-calculator-api="https://www.rlb.com/ccc/zh-hans/wp-json/rlb/v1/calculator/cr/" action="https://www.rlb.com/ccc/zh-hans/wp-json/rlb/v1/calculator/cr/"><div class="c-calculator__inner"><div class="c-calculator__side-panel"> <!-- c-calculator-header --><div class="c-calculator-header"><div class="c-calculator-header__media"> <noscript><img src="https://www.rlb.com/ccc/wp-content/themes/rlb/static/img/svg-realtivity.svg" alt="RLB Cost Relativity"/></noscript><img class="lazyload" src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.rlb.com/ccc/wp-content/themes/rlb/static/img/svg-realtivity.svg" alt="RLB Cost Relativity"/></div><div class="c-calculator-header__title">RLB Cost Relativity</div></div> <!-- c-calculator-header --><div class="c-calculator__select"> <select style="width: 100%;" class="js-custom-multiselect-location c-calculator__select-advanced" value="" data-placeholder="Region/City" name="cr-location-1"><option disabled="disabled" class="hidden" selected="selected hidden">Region/City</option><optgroup label="Australia"><option value="Adelaide"> Adelaide</option><option value="Brisbane"> Brisbane</option><option value="Canberra"> Canberra</option><option value="Darwin"> Darwin</option><option value="Gold Coast"> Gold Coast</option><option value="Melbourne"> Melbourne</option><option value="Perth"> Perth</option><option value="Sydney"> Sydney</option><option value="Townsville"> Townsville</option></optgroup><optgroup label="New Zealand"><option value="Auckland"> Auckland</option><option value="Christchurch"> Christchurch</option><option value="Wellington"> Wellington</option></optgroup><optgroup label="North Asia"><option value="Beijing"> Beijing</option><option value="Guangzhou"> Guangzhou</option><option value="Hong Kong"> Hong Kong</option><option value="Macau"> Macau</option><option value="Shanghai"> Shanghai</option><option value="Shenzhen"> Shenzhen</option></optgroup><optgroup label="South East Asia"><option value="Ho Chi Minh City"> Ho Chi Minh City</option><option value="Jakarta"> Jakarta</option><option value="Kuala Lumpur"> Kuala Lumpur</option><option value="Singapore"> Singapore</option></optgroup><optgroup label="Middle East"><option value="Abu Dhabi"> Abu Dhabi</option><option value="Doha"> Doha</option><option value="Dubai"> Dubai</option><option value="Riyadh"> Riyadh</option></optgroup><optgroup label="United Kingdom"><option value="Midlands"> Midlands</option><option value="South West"> South West</option><option value="London"> London</option><option value="North West"> North West</option></optgroup><optgroup label="America"><option value="Boston"> Boston</option><option value="Chicago"> Chicago</option><option value="Denver"> Denver</option><option value="Honolulu"> Honolulu</option><option value="Las Vegas"> Las Vegas</option><option value="Los Angeles"> Los Angeles</option><option value="New York"> New York</option><option value="Phoenix"> Phoenix</option><option value="Portland"> Portland</option><option value="San Francisco"> San Francisco</option><option value="Seattle"> Seattle</option><option value="Washington DC"> Washington DC</option></optgroup> </select></div><div class="c-calculator__text"> relative to</div><div class="c-calculator__select"> <select style="width: 100%;" class="js-custom-multiselect-location c-calculator__select-advanced" value="" data-placeholder="Region/City" name="cr-location-2"><option disabled="disabled" class="hidden" selected="selected hidden">Region/City</option><optgroup label="Australia"><option value="Adelaide"> Adelaide</option><option value="Brisbane"> Brisbane</option><option value="Canberra"> Canberra</option><option value="Darwin"> Darwin</option><option value="Gold Coast"> Gold Coast</option><option value="Melbourne"> Melbourne</option><option value="Perth"> Perth</option><option value="Sydney"> Sydney</option><option value="Townsville"> Townsville</option></optgroup><optgroup label="New Zealand"><option value="Auckland"> Auckland</option><option value="Christchurch"> Christchurch</option><option value="Wellington"> Wellington</option></optgroup><optgroup label="North Asia"><option value="Beijing"> Beijing</option><option value="Guangzhou"> Guangzhou</option><option value="Hong Kong"> Hong Kong</option><option value="Macau"> Macau</option><option value="Shanghai"> Shanghai</option><option value="Shenzhen"> Shenzhen</option></optgroup><optgroup label="South East Asia"><option value="Ho Chi Minh City"> Ho Chi Minh City</option><option value="Jakarta"> Jakarta</option><option value="Kuala Lumpur"> Kuala Lumpur</option><option value="Singapore"> Singapore</option></optgroup><optgroup label="Middle East"><option value="Abu Dhabi"> Abu Dhabi</option><option value="Doha"> Doha</option><option value="Dubai"> Dubai</option><option value="Riyadh"> Riyadh</option></optgroup><optgroup label="United Kingdom"><option value="Midlands"> Midlands</option><option value="South West"> South West</option><option value="London"> London</option><option value="North West"> North West</option></optgroup><optgroup label="America"><option value="Boston"> Boston</option><option value="Chicago"> Chicago</option><option value="Denver"> Denver</option><option value="Honolulu"> Honolulu</option><option value="Las Vegas"> Las Vegas</option><option value="Los Angeles"> Los Angeles</option><option value="New York"> New York</option><option value="Phoenix"> Phoenix</option><option value="Portland"> Portland</option><option value="San Francisco"> San Francisco</option><option value="Seattle"> Seattle</option><option value="Washington DC"> Washington DC</option></optgroup> </select></div><div class="c-calculator__text"> for</div> <!-- datepicker --><div class="c-calculator__datepicker"><div class="c-datepicker"> <input data-date-format="M yyyy" type="text" autocomplete="off" class="c-datepicker__input js-custom-datepicker" id="datepicker4" name="cr-date" placeholder="MONTH/YEAR"></div></div> <!-- datepicker --><div class="c-calculator__filters"> <a class="c-btn js-scroll-to-sec js-scroll-to-sec-no-hash" href="#result-cr"> <span class="c-btn__label">Calculate</span> </a></div></div><div class="c-calculator__results-wrapper" id="result-cr"></div></div></form></div> <!-- CCC - Calculator Layout --><div class="c-important-disclaimer-wrapper"><div class="c-important-disclaimer"><div class="c-important-disclaimer__inner"><div class="c-important-disclaimer__heading t-bold t-upper ui-color--accent">IMPORTANT DISCLAIMER:</div><div class="c-important-disclaimer__desc t-book t-body ui-color--hoki">Cost information is based on rates as at Q4 2020 and are subject to change. The results shown are indicative only and are to be used as a guide only.<br /> <br /> <strong>The current published rates include the current known impacts on construction costs, associated with on-site productivity, operational issues and general market conditions caused by the continuing impact of the global COVID-19 pandemic. </strong><br /> <br /> Rider Levett Bucknall accepts no responsibility for the accuracy of results or for any losses whatsoever and howsoever arising from any use of or reliance upon any calculations or conclusions reached using this indicator. You should consult Rider Levett Bucknall for further information and verification on the applicability of the results to your circumstances.</div></div></div></div></div></div><div id="market-sector-activity" class="c-calculator-tab js-calculator-tab"><div class="l-sec__main-content"><div class="l-sec__heading l-sec__heading--ccc"><div class="c-content-section-title-wrapper"><div class="c-content-section-title"><div class="c-content-section-title__preheading">RLB INTELLIGENCE</div><div class="c-content-section-title__heading">MARKET SECTOR ACTIVITY</div></div></div></div><div class="l-sec__heading"><h3 class="t-introduction ui-color--bali-blue t-center--tablet"> The current status within the development activity cycle for key construction sectors of selected cities.</h3></div> <!-- CCC - Calculator Layout --><div class="c-calculator-wraper"><form autocomplete="off" class="c-calculator" data-calculator-api="https://www.rlb.com/ccc/zh-hans/wp-json/rlb/v1/calculator/msa/"><div class="c-calculator__inner"><div class="c-calculator__side-panel"> <!-- c-calculator-header --><div class="c-calculator-header"><div class="c-calculator-header__media"> <noscript><img src="https://www.rlb.com/ccc/wp-content/themes/rlb/static/img/svg-market.svg" alt="Market Sector Activity"/></noscript><img class="lazyload" src='data:image/svg+xml,%3Csvg%20xmlns=%22http://www.w3.org/2000/svg%22%20viewBox=%220%200%20210%20140%22%3E%3C/svg%3E' data-src="https://www.rlb.com/ccc/wp-content/themes/rlb/static/img/svg-market.svg" alt="Market Sector Activity"/></div><div class="c-calculator-header__title">Market Sector Activity</div></div> <!-- c-calculator-header --><div class="c-calculator__select"> <select style="width: 100%;" class="js-custom-multiselect-location js-msa-select" data-placeholder="Location" multiple="multiple" name="msa-city[]"><optgroup label="Middle East"><option value="Abu Dhabi"> Abu Dhabi</option><option value="Dubai"> Dubai</option></optgroup><optgroup label="Africa"><option value="Cape Town"> Cape Town</option><option value="Durban"> Durban</option><option value="Johannesburg"> Johannesburg</option></optgroup><optgroup label="America"><option value="Boston"> Boston</option><option value="Chicago"> Chicago</option><option value="Denver"> Denver</option><option value="Honolulu"> Honolulu</option><option value="Las Vegas"> Las Vegas</option><option value="Los Angeles"> Los Angeles</option><option value="New York"> New York</option><option value="Phoenix"> Phoenix</option><option value="Portland"> Portland</option><option value="San Francisco"> San Francisco</option><option value="Seattle"> Seattle</option><option value="Washington, D.C."> Washington, D.C.</option></optgroup><optgroup label="Australia"><option value="Adelaide"> Adelaide</option><option value="Brisbane"> Brisbane</option><option value="Canberra"> Canberra</option><option value="Darwin"> Darwin</option><option value="Gold Coast"> Gold Coast</option><option value="Melbourne"> Melbourne</option><option value="Perth"> Perth</option><option value="Sydney"> Sydney</option><option value="Townsville"> Townsville</option></optgroup><optgroup label="Canada"><option value="Calgary"> Calgary</option><option value="Toronto"> Toronto</option></optgroup><optgroup label="New Zealand"><option value="Auckland"> Auckland</option><option value="Christchurch"> Christchurch</option><option value="Wellington"> Wellington</option></optgroup><optgroup label="North Asia"><option value="Beijing"> Beijing</option><option value="Chengdu"> Chengdu</option><option value="Guangzhou"> Guangzhou</option><option value="Hong Kong"> Hong Kong</option><option value="Macau"> Macau</option><option value="Seoul"> Seoul</option><option value="Shanghai"> Shanghai</option><option value="Shenzhen"> Shenzhen</option></optgroup><optgroup label="South Asia"><option value="Ho Chi Minh City"> Ho Chi Minh City</option><option value="Jakarta"> Jakarta</option><option value="Kuala Lumpur"> Kuala Lumpur</option><option value="Singapore"> Singapore</option></optgroup><optgroup label="UK"><option value="Birmingham"> Birmingham</option><option value="Bristol"> Bristol</option><option value="Cardiff"> Cardiff</option><option value="London"> London</option><option value="Sheffield"> Sheffield</option><option value="Thames Valley"> Thames Valley</option><option value="Newcastle"> Newcastle</option></optgroup><optgroup label="Europe"><option value="Lisbon"> Lisbon</option></optgroup> </select></div><div class="c-calculator__filters"> <a class="c-btn js-scroll-to-sec js-scroll-to-sec-no-hash" href="#result-msa"> <span class="c-btn__label">Calculate</span> </a></div></div><div class="c-calculator__results-wrapper" data-results-msa-img="https://www.rlb.com/ccc/wp-content/uploads/sites/8/2021/04/result-graph.svg" data-results-msa-description="The current status within the development activity cycle for key construction sectors of selected cities." id="result-msa"></div></div></form></div> <!-- CCC - Calculator Layout --><div class="c-important-disclaimer-wrapper"><div class="c-important-disclaimer"><div class="c-important-disclaimer__inner"><div class="c-important-disclaimer__heading t-bold t-upper ui-color--accent">IMPORTANT DISCLAIMER:</div><div class="c-important-disclaimer__desc t-book t-body ui-color--hoki">The RLB Construction Market Activity Cycle wave graph represents the theoretical “Boom / Bust” business cycle of the construction economy. The market activity arrows highlight the respective position of the major sectors within the construction economy within each global RLB office. Data is current as at Q4 2020.</div></div></div></div></div></div><div id="glossary-of-terms" class="c-calculator-tab js-calculator-tab"><div class="l-sec__main-content"><div class="l-sec__heading l-sec__heading--ccc"><div class="c-content-section-title-wrapper"><div class="c-content-section-title"><div class="c-content-section-title__preheading">RLB INTELLIGENCE</div><div class="c-content-section-title__heading">GLOSSARY OF TERMS</div></div></div></div><div class="l-sec__heading"><h3 class="t-introduction ui-color--bali-blue t-center--tablet"> This is a complete list of the terms used throughout our Construction Cost Calculators,</h3></div><div class="l-sec__content"> <!-- CCC - Glossary --><div class="c-glossary-filter-wrapper"><ul class="c-glossary-filter"><li class="c-glossary-filter__item"> <a class="c-glossary-filter__link js-scroll-to-sec" href="#glossary-a"> a </a></li><li class="c-glossary-filter__item"> <a class="c-glossary-filter__link js-scroll-to-sec" href="#glossary-b"> b </a></li><li class="c-glossary-filter__item"> <a class="c-glossary-filter__link js-scroll-to-sec" href="#glossary-c"> c </a></li><li class="c-glossary-filter__item"> <a class="c-glossary-filter__link js-scroll-to-sec" href="#glossary-f"> f </a></li><li class="c-glossary-filter__item"> <a class="c-glossary-filter__link js-scroll-to-sec" href="#glossary-g"> g </a></li><li class="c-glossary-filter__item"> <a class="c-glossary-filter__link js-scroll-to-sec" href="#glossary-h"> h </a></li><li class="c-glossary-filter__item"> <a class="c-glossary-filter__link js-scroll-to-sec" href="#glossary-i"> i </a></li><li class="c-glossary-filter__item"> <a class="c-glossary-filter__link js-scroll-to-sec" href="#glossary-l"> l </a></li><li class="c-glossary-filter__item"> <a class="c-glossary-filter__link js-scroll-to-sec" href="#glossary-m"> m </a></li><li class="c-glossary-filter__item"> <a class="c-glossary-filter__link js-scroll-to-sec" href="#glossary-p"> p </a></li><li class="c-glossary-filter__item"> <a class="c-glossary-filter__link js-scroll-to-sec" href="#glossary-r"> r </a></li><li class="c-glossary-filter__item"> <a class="c-glossary-filter__link js-scroll-to-sec" href="#glossary-s"> s </a></li><li class="c-glossary-filter__item"> <a class="c-glossary-filter__link js-scroll-to-sec" href="#glossary-t"> t </a></li><li class="c-glossary-filter__item"> <a class="c-glossary-filter__link js-scroll-to-sec" href="#glossary-y"> y </a></li></ul></div><div class="c-glossary-group"><div class="c-glossary-group__heading"></div><div class="c-glossary-group__content"><ul class="c-glossary-group__list"><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> (F) </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Forecast</p></div></div></div></div></li></ul></div></div><div class="c-glossary-group" id="glossary-a"><div class="c-glossary-group__heading"> a</div><div class="c-glossary-group__content"><ul class="c-glossary-group__list"><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Aged Care - Single Storey </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Single Storey domestic construction, minimal specialist and service areas, 35-45m2 GFA per bed.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> a/c </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Air-conditioned</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> att. </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Attached</p></div></div></div></div></li></ul></div></div><div class="c-glossary-group" id="glossary-b"><div class="c-glossary-group__heading"> b</div><div class="c-glossary-group__content"><ul class="c-glossary-group__list"><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Base index not found </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Please note that the appearance of this message does not indicate an error within the system. Where 'Base index not found' is displayed in the Tender Price Index module, the system has been unable to locate a value, as the user-selected date parameter is outside the beginning or the end of the series. The explanation is that, for example, the indexation series for some cities commences at January 2000, whereas others commence at January 2004.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Bid Price Index </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>The Bid Price Index facility enables the user to identify general levels of construction tender pricing in one of two ways:<br /> <br /> 1 By location: Identification of bid price index percentage difference at a selected point in time, between two user-selected locations. The Base Location selected by the user is the 'starting point' against which the difference is measured in percentage terms. The Alternative Location is the user's chosen comparison location. A positive answer depicts a market in which the general level of bid pricing in the Altenative Location exceeds, or is forecast to exceed, that of the Base Location.<br /> <br /> 2 By date: Identification of bid price index percentage movement in a given location, over a selected period of time. The Base Date selected by the user is the 'starting point' against which movement is measured in percentage terms. The Alternative Date is the user's chosen date for comparison. A positive answer depicts a market in which the general level of bid pricing has risen, or is forecast to rise, over the selected time period.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Building Works </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Building works including substructure, structure, finishings, fittings, management items, and builder's work in connection with services. General exclusions are: Loose furniture and fittings, subdivision partitions in office buildings, private telephone systems, tenancy works, site works and drainage, land cost, legal and professional fees, interest/opportunity cost on money, sales and other value added taxes.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> bn </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Billion, defined as 1,000 million, 1x109 and always expressed to 3 decimal places after the point, e.g. 1bn = 1.000bn</p></div></div></div></div></li></ul></div></div><div class="c-glossary-group" id="glossary-c"><div class="c-glossary-group__heading"> c</div><div class="c-glossary-group__content"><ul class="c-glossary-group__list"><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> CBD </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Central Business District</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> CFA </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Construction Floor Area: the area of all building enclosed covered spaces, measured to the outside face of the external walls including covered basement and above ground car park areas.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> CFA* </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Construction Floor Area: the area of all building covered spaces, measured to the outside face of the external walls.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Car Parks; Basement </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>CBD locations incur penalties for restricted sites and perimeter conditions.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Car Parks; Open Deck Multi-Storey </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Minimal External Walling.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Cinemas; Group complex 2,000-4,000 seats </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Exclusions: Projection equipment, seating.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Comparator index not found </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Please note that the appearance of this message does not indicate an error within the system. Where 'Comparator index not found' is displayed in the Tender Price Index module, the system has been unable to locate a value for the Alternative Location's or the Alternative Date's index, as the user-selected date parameter is outside the beginning or the end of the series. The explanation is that, for example, the indexation series for some cities commences at January 2000, whereas others commence at January 2004.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Construction Cost Indicator </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>The Construction Cost Indicator is a facility through which the user can obtain an indication of the likely general level of construction cost in a given location at the date shown below the result of the search. The costs stated in this section reflect the standards and specifications normal to the country or Region. Variations in cost may be experienced for factors such as site conditions, climatic conditions, standards of specification, market conditions etc. General exclusions are: Loose furniture and fittings, subdivision partitions in office buildings, private telephone systems, tenancy works, site works and drainage, land cost, legal and professional fees, interest/opportunity cost on money, sales and other value added taxes.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Construction Rates: Generally </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Construction Cost Indicative figures include Building Works and Building Services. Range of cost depicts current building costs expected should tenders be called in the respective city. General exclusions are: Loose furniture and fittings, subdivision partitions in office buildings, private telephone systems, tenancy works, site works and drainage, land cost, legal and professional fees, interest/opportunity cost on money, sales and other value added taxes.</p></div></div></div></div></li></ul></div></div><div class="c-glossary-group" id="glossary-f"><div class="c-glossary-group__heading"> f</div><div class="c-glossary-group__content"><ul class="c-glossary-group__list"><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> FF&E </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Furniture, Fittings and Equipment.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> fl. </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Floor</p></div></div></div></div></li></ul></div></div><div class="c-glossary-group" id="glossary-g"><div class="c-glossary-group__heading"> g</div><div class="c-glossary-group__content"><ul class="c-glossary-group__list"><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> GFA </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Gross Floor Area: Total of all floor areas, measured to internal face of external wall; includes unenclosed floor areas, but EXCLUDES areas of other building types, e.g. Car Parking structures (whether below or above ground) integrated within an office building.</p></div></div></div></div></li></ul></div></div><div class="c-glossary-group" id="glossary-h"><div class="c-glossary-group__heading"> h</div><div class="c-glossary-group__content"><ul class="c-glossary-group__list"><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> High </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>High, in respect of the Rider Levett Bucknall Construction Cost Indicator, is the upper end of a range of cost levels. The range of cost levels is affected by multiple factors interacting together, including but not limited to, building shape, size, location, orientation, specification, internal efficiency and timing of receipt of tenders for the works.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Hotels: Five Star </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>85-110m2 GFA per Room Total, unless otherwise stated; 45-55m2 GFA per Room Accommodation; 40-55m2 GFA per Room Public Space; EXCLUDING FF&E unless otherwise stated.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Hotels: Four Star </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>65-85m2 GFA per Room Total, unless otherwise stated; 40-45m2 GFA per Room Accommodation; 25-40m2 GFA per Room Public Space; EXCLUDING FF&E unless otherwise stated.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Hotels: Three Star </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>40-65m2 GFA per Room Total, unless otherwise stated; 30-40m2 GFA per Room Accommodation; 10-25m2 GFA per Room Public Space; EXCLUDING FF&E unless otherwise stated.</p></div></div></div></div></li></ul></div></div><div class="c-glossary-group" id="glossary-i"><div class="c-glossary-group__heading"> i</div><div class="c-glossary-group__content"><ul class="c-glossary-group__list"><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Industrial Buildings </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Quality reflects a simplified form of construction suitable for light industry. Exclusions: Hardstandings, Roadworks and Special Equipment.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Investment Grade offices </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Investment Grade offices are buildings designed for the mid-range of their respective rental markets.</p></div></div></div></div></li></ul></div></div><div class="c-glossary-group" id="glossary-l"><div class="c-glossary-group__heading"> l</div><div class="c-glossary-group__content"><ul class="c-glossary-group__list"><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Low </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Low, in respect of the Rider Levett Bucknall Construction Cost Indicator, is the lower end of a range of cost levels. The range of cost levels is affected by multiple factors interacting together, including but not limited to, building shape, size, location, orientation, specification, internal efficiency and timing of receipt of tenders for the works.</p></div></div></div></div></li></ul></div></div><div class="c-glossary-group" id="glossary-m"><div class="c-glossary-group__heading"> m</div><div class="c-glossary-group__content"><ul class="c-glossary-group__list"><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> M </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Million, 1x106 and always expressed to 3 decimal places after the point, e.g. 1M = 1.000M</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> MEP </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Mechanical, Electrical and Plumbing.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Malls </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Fully finished and serviced space.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Market Sector Activity </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Market Sector Activity diagrams show the general movement of market activity in the respective sectors of the construction industry at an identified location, at a given point in time. When collated for a Region, they show, in percentage terms, the proportion of locations in which a particular market sector is, at that point in time, in the Trough Zone, the Mid Zone or the Peak Zone.</p></div></div></div></div></li></ul></div></div><div class="c-glossary-group" id="glossary-p"><div class="c-glossary-group__heading"> p</div><div class="c-glossary-group__content"><ul class="c-glossary-group__list"><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> PCC </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Pre-Cast Concret</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Prestige Office Buildings </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Prestige office buildings are defined as landmark office buildings located in major CBD office markets and which are pace-setters in establishing rents.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Private Hospital 45-60m2 GFA per bed </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Low-rise hospital with minimal operating theatre capacity, including specialist and service areas; excluding loose furniture, special medical equipment.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Private Hospital 55-80m2 GFA per bed </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Low-rise hospital with major operating theatre capacity, including extensive specialist and service areas; excluding loose furniture, special medical equipment.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Public Space </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>In Hotels; Public space includes Service areas.</p></div></div></div></div></li></ul></div></div><div class="c-glossary-group" id="glossary-r"><div class="c-glossary-group__heading"> r</div><div class="c-glossary-group__content"><ul class="c-glossary-group__list"><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Regional Shopping Centres; Department Store </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Partially finished, suspended ceilings, unpainted walls. Excluding Floor Finishes, Shop Fittings etc..</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Regional Shopping Centres; Supermarket/Variety Store </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Fully finished and serviced space. Excluding Cool rooms, shop fittings, refrigeration equipment etc..</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Residential Multi-Storey Units </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Reflective of medium to luxury quality, air-conditioned accommodation up to 80 storeys. (Range given is significantly affected by building height, configuration and plumbing point ratios. Exclusions: Loose furniture, special fittings, white goods).</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Residential Single-Storey or 1-3 Storey building </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Reflective of medium quality, non air-conditioned accommodation. (Range given is significantly affected by building height, configuration and plumbing point ratios. Exclusions: Loose furniture, special fittings, white good</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Residential: Configuration </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Refers to shape, orientation of building and GFA of units, together with wet areas and wet-points ratios.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Residential: Wet areas </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Kitchen, Laundry, Bathroom and Shower areas.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Residential: Wet points </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Plumbing points within Wet areas.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Residential: White goods </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Washing machines, dryers, refrigerators, and the like.</p></div></div></div></div></li></ul></div></div><div class="c-glossary-group" id="glossary-s"><div class="c-glossary-group__heading"> s</div><div class="c-glossary-group__content"><ul class="c-glossary-group__list"><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Small Shops and Showrooms </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Excluding Floor finishes, plumbing (other than hot and cold wter to sink fittings in each shop), shop fittings and air-conditioning.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Specialty Shops </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Partially finished, with ceilings, unpainted walls, power to perimeter point. Excluding Floor Finishes, shop fittings and air-conditioning.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Standalone building </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Indicates a Car Park structure which is a standalone entity, not in association with another building type.</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> sf </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Square foot/feet</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> sq feet </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>Square Feet - This is the toggle in the Construction Cost Indicator. Users clicking on this button will convert the answer shown in the Indicator into Currency per square foot. If the calculation already shows Currency per square foot, no change will be effected.</p></div></div></div></div></li></ul></div></div><div class="c-glossary-group" id="glossary-t"><div class="c-glossary-group__heading"> t</div><div class="c-glossary-group__content"><ul class="c-glossary-group__list"><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> Tender Price Index </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>"The Tender Price Index facility enables the user to identify general levels of construction tender pricing in one of two ways:<br /> <br /> 1 By location: Identification of tender price index percentage difference at a selected point in time, between two user-selected locations. The Base Location selected by the user is the 'starting point' against which the difference is measured in percentage terms. The Alternative Location is the user's chosen comparison location. A positive answer depicts a market in which the general level of tender pricing in the Altenative Location exceeds, or is forecast to exceed, that of the Base Location.<br /> <br /> 2 By date: Identification of tender price index percentage movement in a given location, over a selected period of time. The Base Date selected by the user is the 'starting point' against which movement is measured in percentage terms. The Alternative Date is the user's chosen date for comparison. A positive answer depicts a market in which the general level of tender pricing has risen, or is forecast to rise, over the selected time period."</p></div></div></div></div></li><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> tr </a><div class="c-glossary-tab__content"><div class="c-glossary-tab__inner"><p>tr</p></div></div></div></div></li></ul></div></div><div class="c-glossary-group" id="glossary-y"><div class="c-glossary-group__heading"> y</div><div class="c-glossary-group__content"><ul class="c-glossary-group__list"><li class="c-glossary-group__item"><div class="c-glossary-tab-wrapper"><div class="c-glossary-tab js-simplest-tabs-content"> <a class="c-glossary-tab__heading js-simplest-tabs-trigger"> yr </a><div class="c-glossary-tab__content"><div 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