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Tamar project cost more than $40,000 a square metre: expert

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James Tien queries 'ridiculously expensive' scheme

The controversial Tamar development will cost more than $40,000 per square metre of floor space to build and the utility rate will be slightly highly than 60 per cent, legislators heard yesterday.

The figures were calculated by the vice-chairman of the panel on planning, lands and works, Patrick Lau Sau-shing.

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Although the government did not reveal the gross floor area of the Tamar development, Mr Lau, a retired professor of architecture, estimated the project would have a gross floor area of about 125,480 square metres, based on the site area and the plot ratio provided by the government.

The government has only revealed that the net operating floor area for the future government offices would be 62,340 square metres, with 16,090 square metres for the Legislative Council. Net operating floor area excludes toilets, bathrooms and showers. The project will cost $5.13 billion.

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Speaking at the panel, Director of Architectural Services Yue Chi-hang said the construction cost per square metre of the gross floor area would be between $13,000 and $14,000.

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