[Condominium] Verifying the Reasonableness of the Construction Schedule
Author: goikenbdExecutions: 4819
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Check whether the construction period for that apartment building is reasonable by looking at the “Number of Floors,” “Building Permit Date,” and “Scheduled Completion Date” listed in the “Property Overview” on the back of the apartment flyer!
| From the date of building approval to the date of completion (a) | months |
| Standard Construction Period (Estimated) (b) | months |
| (a)-(b) | months |
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Below are the basis for calculating the “Standard Construction Period (Estimated)” and related information
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The following are approximate timeframes required for each construction phase of mid- to low-rise apartment buildings (not high-rise apartment buildings).
These are not absolute timeframes (they vary depending on the specific conditions of each property).
― Preparatory work: 1 month
― Piling and foundation work: 2 months
― Structural work: 1 month per floor
― Finishing work: 2 months (excluding periods when performed concurrently with structural work)
― Outdoor ancillary work (outdoor water and sewer piping, landscaping, etc.): 1 month
Below are the basis for calculating the “Standard Construction Period (Estimated)” and related information
-----------------------------------------------------------------
The following are approximate timeframes required for each construction phase of mid- to low-rise apartment buildings (not high-rise apartment buildings).
These are not absolute timeframes (they vary depending on the specific conditions of each property).
― Preparatory work: 1 month
― Piling and foundation work: 2 months
― Structural work: 1 month per floor
― Finishing work: 2 months (excluding periods when performed concurrently with structural work)
― Outdoor ancillary work (outdoor water and sewer piping, landscaping, etc.): 1 month
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