| KIARA DEVELOPMENT CORPORATION, INC (KDC) Cost Per Square Foot ECONOMY An economy class residence is one that is built from a simple designed plan. The materials and workmanship are sufficient to satisfy minimum industry standards. Low construction cost is more important than distinctive features. The overall shape of the foundation and structure is seldom other than square or rectangular. Low End High End $20.00 $25.00 AVERAGE An average residence is a moderate but appealing designed building built from standard details. Materials and workmanship are average, but exceed minimum industry standards. There are special features that give the residence some distinctive characteristics. Low End High End $25.00 $30.00 CUSTOM A custom class residence is built from plans and specifications with enough features to give the building a very distinctive look. Materials and workmanship are above average with ample attention given to construction details. Construction normally exceeds industry requirements. Low End High End $30.00 $35.00 LUXURY A luxury class residence is built from a a very unique set of plans. It is unique in both design and workmanship. There are many special features, and construction usually exceeds all industry standards. Primary attention i placed on the owner's comfort and pleasure. Low End Hight End $35.00 $40.00 PRE-PAYMENT INSTALLMENT SCHEMES Our standard nine (9) months scheme (from inception to completion) Phase I Design & Construction Documents Production (5% - 2 months) Phase II Foundation, Floor Slab & Structural Support Systems (30% - 2 months) Phase III Interior & Exterior Walls, Lintels, Beams & Roof (30% - 2 months) Phase IV Interior & Exterior Finishes (25% - 2 months) Phase V Landscaping Work (10% - 1 month) Our standard 18 months, 36 months, & 48 months scheme Client pays a minimum of 30% of the total project cost before work begins. This payment will cover Phases I & II. Upon the commencement of Phase III, a revised cost estimate will be submitted to reflect any cost increase in the industry for this and subsequent Phases IV & V. If the project is not completed within the agreed stipulated time frame, KDC reserves the right to terminate contract with client. |