Construction costs down 71% since Aug

Not open for further replies.


New Member
Construction cost never been as high as 1200 this was pure speculation.
The cost has been 100 – 400 DHS for the last 5 years.
The developers must reduce the margins and everything will be OK.
250-300 DHS cost and 500 DHS sell - is acceptable

Rightly said; I spoke to a developer and was surprised when he told me that if there is any reduction in steel , cement or construction price , we ( developer ) get benefitted as well as the contractor becos then we re negotiate the contract value.

I guess this is one of the reason that many projects are seen on hold ( mid way of construction ) , developers are bargaining with poor construction companies. . .
Not open for further replies.