| Authority Approvals | MED | Monitoring |
| RC Material Costs | MED | +5–8% forecast |
| Monsoon Weather | MED | Nov–Jan exposure |
| ABSD Deadline | MED | 28 months buffer |
| Main Contractor | LOW | On track |
| M&E Works | LOW | Not yet mobilised |
| Finishes | LOW | Not yet ordered |
| Category | Contract / Budget | Committed | Spent | Forecast | Variance |
|---|---|---|---|---|---|
| A · D&B Construction Contract (Inplex) — Lump Sum $2,101,400 | |||||
| Preliminaries (14 months) | $184,500 | $184,500 | — | $184,500 | $0 |
| Demolition & Removal | $26,500 | $26,500 | $26,500 | $26,500 | $0 |
| Demolition completed 5 Feb 2026. On budget. Well executed. | |||||
| Foundation & Earthworks | ~$130,800 | $130,800 | — | $130,800 | $0 |
| RC Works (substructure & superstructure) | $457,500 | $457,500 | — | $457,500 | $0 |
| Under D&B lump sum, RC cost risk (concrete price escalation) sits with Inplex. Verify no fluctuation clause in contract before RC commences Apr 2026. | |||||
| MBS Envelope Works (steel + LGS + cladding) | $450,000 | $450,000 | — | $450,000 | $0 |
| Staircase Works | $26,700 | $26,700 | — | $26,700 | $0 |
| External Works | $86,000 | $86,000 | — | $86,000 | $0 |
| PC Sums — provisional (M&E, finishes, pool, lift) | $701,900 | $701,900 | $50,322 | $701,900 | $0 |
| PC Sums ($701,900) are provisional. Actual amounts confirmed as nominated subcontractors/suppliers selected from Q3 2026. Monitor closely — this is the largest variable in the D&B contract. | |||||
| Home Lift — 70% downpayment $50,322 paid to Inplex (Inv. 20383, 2 Apr 2026). Sub-contract sum $71,888 (PC Sum). Balance 30% ($21,566) on delivery. ARITCO Platform Lift — order confirmed 20 May 2026 at $69,215 (Inplex PC Sum); delivery within Nov 2026 installation window. | |||||
| Tiles (finishes PC Sum) — quantities revised, now quoted at $22,935.78 excl. GST / $25,000.00 incl. GST. RICE FIELDS quotation RF-ED/MAY-261001587-V2 (3 Sep 2026), issued to Inplex attn. Kingsley Bong, 21 line items across car porch, staircases, basement corridor, laundry/helper's areas, powder rooms 2 & 3 and baths 1–5. List price $32,540.40 less $9,321.12 supply discount, then a further 1.22% project discount ($283.50). 50% deposit $12,500 on signed confirmation, balance COD per delivery; no retention or performance bond. V2 is the confirmed price and supersedes the ~$24,000 figure noted on 5 Sep. Still to confirm: whether the package draws down the provisional finishes PC Sum or sits outside it — the D&B total is carried unchanged on the assumption that it draws down. | |||||
| Greenmark Compliance (provisional) | $37,500 | $37,500 | — | $37,500 | $0 |
| D&B TOTAL | $2,101,400 | $2,101,400 | $419,715 | $2,101,400 | $0 |
| D&B payments made to date, per FS: $419,715 excl. GST — reconciled from the Q2 2026 balance sheet's Construction Work-in-Progress of $453,465, less the Hayashi teak flooring ($27,500) and CUBO kitchen ($6,250) direct-purchase deposits tracked separately in Section E. Previously tracked at $407,560 (10% deposit $210,140 + 2% site possession $42,028 + PC1 demolition $105,070, Inv. 20380, 26 Feb 2026 + Home Lift 70% downpayment $50,322, Inv. 20383, 2 Apr 2026) — a $12,155 gap versus the FS-implied figure, likely a progress claim not yet itemized here. Recommend reconciling against Inplex's payment certificates to confirm the specific milestone. | |||||
| B · Professional Fees — Committed $319,700 (revised, was $139,700) | |||||
| Architect / Design (ADLAB via Inplex) | $75,000 | $75,000 | $59,950 | $75,000 | $0 |
| Per FS: $59,950 paid as of Q2 2026 (up from $43,600 at Q1) — $18,345 higher than the $41,605 previously tracked here (Stages 1a, 1b, 2iv, 2vi). Balance to $75,000 contract remains during construction. | |||||
| C&S Engineering (Fusion Civil Solutions) | $27,000 | $27,000 | $12,150 | $27,000 | $0 |
| Per FS: $12,150 paid to date — previously tracked as $0 spent. | |||||
| MEP Consultant (Elead Associates) | $28,000 | $28,000 | — | $28,000 | $0 |
| Resident Technical Officer (RTO) | $9,700 | $9,700 | — | $9,700 | $0 |
| Project Manager Fee · newly identified | $180,000 | $180,000 | $180,000 | $180,000 | $0 |
| Not previously tracked anywhere in BuildWatch. Per FS, $180,000 has been capitalized as a Project Manager development cost since Q1 2026 (unchanged through Q2) — larger than the Architect fee. No engagement letter, payee, or scope is on file in this dashboard. Confirm who the project manager is, the contract terms, and whether this is a related-party fee before treating it as reconciled. | |||||
| PROF FEES TOTAL | $319,700 | $319,700 | $252,100 | $319,700 | $0 |
| C · Pre-construction, Surveys & Testing — Incurred $25,066 (revised, was $24,711) | |||||
| Asbestos Survey (Cayden Environmental) | $830 | $830 | $830 | $830 | $0 |
| Asbestos Removal (Purenviro) — $7,000 total | $7,000 | $7,000 | $7,000 | $7,000 | $0 |
| Per FS, both PP1 ($3,500, Dec 2025) and PP2 ($3,500) are now fully incurred as of Q1 2026 — previously tracked as only PP1 paid ($3,500), with PP2 shown as still payable. | |||||
| Topographical Survey (JK Foo) | $2,235 | $2,235 | $2,235 | $2,235 | $0 |
| Soil Investigation | $3,815 | $3,815 | $3,815 | $3,815 | $0 |
| Per FS (Soil Test Engineer): $3,815, vs. $3,460 previously tracked (+$355). | |||||
| SP PowerAssets Diversion | $3,870 | $3,870 | $3,870 | $3,870 | $0 |
| Groundbreaking Event (Leathery) | $6,316 | $6,316 | $6,316 | $6,316 | $0 |
| Accounting-treatment note: this cost ($6,315.64 per P&L) is booked as a Sales & Marketing operating expense, not capitalized as a balance-sheet development cost like the other Pre-Con items. It remains listed here for project-cost visibility, but it does not appear in the FS's Development Costs total — no dollar change, flagged for awareness only. | |||||
| Property Valuation (RHT) | $1,000 | $1,000 | $1,000 | $1,000 | $0 |
| PRE-CON TOTAL | $25,066 | $25,066 | $25,066 | $25,066 | $0 |
| D · Legal & Corporate Costs — $47,956 (revised, was $12,880) | |||||
| Solicitor — Acquisition, Conveyancing & Corporate Secretarial · newly identified | $35,076 | $35,076 | $35,076 | $35,076 | $0 |
| Not previously tracked in BuildWatch. Per FS, $35,076.45 of solicitor fees were already capitalized as of 31 Dec 2025 — before the Avant Law invoice below — presumably relating to the land acquisition/SPA and corporate secretarial work. Balance has been flat through Q1 and Q2 2026 (no further billing). | |||||
| Legal — Loan Agreements & Trust Deeds (Avant Law) | $12,880 | $12,880 | $12,880 | $12,880 | $0 |
| Avant Law INV-0769 (11 Mar 2026). Loan agreements ($6,800), trust deeds ($3,800), constitution amendment ($2,200), disbursements ($80) for MCQ Development Pte Ltd corporate structuring. Per FS, this is the increment that took the Solicitor balance from $35,076 (Dec 2025) to $47,956 (Q1 2026 onward) — the two lines together reconcile exactly to the FS total. | |||||
| LEGAL & CORPORATE TOTAL | $47,956 | $47,956 | $47,956 | $47,956 | $0 |
| E · Client Direct Purchases (outside D&B) — Committed $160,345 | |||||
| Burmese Teak Flooring — supply & install (Hayashi Materials) | $55,000 | $55,000 | $27,500 | $55,000 | $0 |
| Hayashi INV0096 (24 Jun 2026) — special price $55,000 excl. GST (list $58,470). Solid Burmese teak 17mm + teak skirting: Bedrooms 1–5, Master, Study, Multi-purpose Room, corridors & attic. Terms 50/40/10 — 50% deposit $27,500 paid Jun 2026; 40% on delivery onsite; 10% on completion. | |||||
| Burmese Teak Timber — Staircase, supply & install (Hayashi Materials) · newly identified | $19,000 | $19,000 | — | $19,000 | $0 |
| Hayashi INV0116 (31 Jul 2026, PO confirmed & signed by Inplex) — $19,000 excl. GST after goodwill discount (list $21,650). Solid Burmese teak 95mm strips (T&G) + 90mm nosing + 175mm riser plank, clear matt melamine finish — 60 treads, 5 risers, 4 landings/steps across the staircase. Terms 50/45/5 — 50% deposit ($9,500) due upon confirmation; confirm once paid to update Spent. | |||||
| Kitchen — Italian imported, selected finishes (CUBO) | $62,500 | $62,500 | $6,250 | $62,500 | $0 |
| CUBO Quote 2110.R3 (9 Jun 2026) — $62,500 excl. GST. 10% down-payment $6,250 paid (Tax Inv 00032558, 10 Jun 2026). | |||||
| Sanitary Fittings — GROHE / American Standard (LIXIL) | $16,500 | $16,500 | — | $16,500 | $0 |
| LIXIL / Grohe Pacific quotation R4 (21 Jul 2026, Chua Wen Ting) — $16,500 excl. GST after $3,196 discount off $19,696 list. Ordered 26 Jul 2026. Covers Helper's Bath, Powder Rooms 1–3, Common Baths 1–5, Master Bathroom and 2× kitchen mixers — WCs, basins, mixers, shower sets, bidet sprays, paper holders & robe hooks. Lead time 3–4 months (delivery ~Nov 2026); 18-month DLP warranty. Supply only — installation sits with Inplex plumbing scope. | |||||
| Sanitary Fittings — GESSI / ROCA premium (Carera Bathroom) | $7,345 | $7,345 | — | $7,345 | $0 |
| Carera Bathroom quotation v6 FINAL (Zack Lee) — $7,344.80 excl. GST / $8,005.83 incl. 9% GST. Ordered 26 Jul 2026. Powder Room 1 (1st storey): GESSI 33601-031 basin mixer, ROCA A3270YB000 under-counter basin, pop-up waste & bottle trap. Master Bath (attic): GESSI ceiling showerhead, sliding rail handshower, thermostatic mixer set & 2× three-hole basin mixers. 50% deposit ($3,672 excl. GST) due on written order confirmation; balance before delivery. Indent lead time 4–6 months — order now to hold the Nov 2026 sanitary install window. | |||||
| DIRECT PURCHASES TOTAL | $160,345 | $160,345 | $33,750 | $160,345 | $0 |
| Sanitary fittings ordered 26 Jul 2026 across two suppliers — $23,845 excl. GST ($25,991 incl. GST) total. Split reflects specification tiering: GESSI/ROCA premium ware for the powder room and attic master bath (Carera), GROHE/American Standard for the remaining eight wet areas and kitchen (LIXIL). Confirm with Inplex that sanitary ware supply is excluded from the $701,900 PC Sum — if it was allowed for, a PC Sum credit is due and this $23,845 is a substitution rather than an addition to TDC. | |||||
| F · Government & Regulatory Costs — $22,070 (new section, not previously tracked) | |||||
| BCA — Building Plan / Permit Fees | $5,500 | $5,500 | $5,500 | $5,500 | $0 |
| NParks — Tree Preservation / Felling Permit | $1,605 | $1,605 | $1,605 | $1,605 | $0 |
| URA — Planning Permission Fee | $6,000 | $6,000 | $6,000 | $6,000 | $0 |
| Property Tax (holding cost, YTD) | $8,965 | $8,965 | $8,965 | $8,965 | $0 |
| Per FS, $8,964.65 of property tax has been incurred to date — higher than the $4,200/yr holding-cost estimate in the footnote below, which may reflect a multi-year bill or arrears since acquisition. Recommend confirming the annual run-rate with the tax invoices. | |||||
| GOVERNMENT & REGULATORY TOTAL | $22,070 | $22,070 | $22,070 | $22,070 | $0 |
| SP Group charges ($3,870) are already tracked under Section C (Pre-Construction, Surveys & Testing) and are not duplicated here. | |||||
| GRAND TOTAL | $2,676,537 | $2,676,537 | $800,657 | $2,676,537 | $0 |
| Grand total rose from $2,420,036 to $2,657,537 (+$237,501: Project Manager fee +$180,000, Solicitor pre-2026 fees +$35,076, new Government & Regulatory section +$22,070, Soil Investigation +$355) via the FS reconciliation, then to $2,676,537 (+$19,000) on 31 Jul 2026 with the new Hayashi staircase teak PO (INV0116, Section E). Spent figure of $800,657 is fully reconciled to the Q2 2026 balance sheet's Development Costs (excl. land, stamp duty and financing) of $794,341 — the $6,316 differential is the Groundbreaking Event cost, which per FS is P&L-expensed rather than capitalized (see Section C note). Spent will rise by $9,500 once the staircase PO's 50% deposit is paid. | |||||
| Scenario | TOP Date | Prob | Cost ∆ |
|---|---|---|---|
| Best Case All approvals smooth, no weather impact |
Apr 2027 | 12% | −$20K |
| Base Case Minor delays absorbed, AI rec's followed |
May 2027 | 45% | +$70K |
| 🟠 Status Quo ERSS delayed ~4 weeks, no intervention |
Jun 2027 | 30% | +$120K |
| Worst Case Delays + monsoon + contractor issues |
Aug 2027 | 13% | +$200K |
| Item | Supplier / Subcon | Required By | Lead Time | Order Status | AI Note |
|---|---|---|---|---|---|
| ERSS System | Inplex (D&B) | 4 Mar 2026 | — | In progress | BCA clearance obtained 27 Feb 2026. Works commenced on site 4 Mar 2026 — 1 day ahead of programme target |
| Ready-mix Concrete | TBC (Inplex) | Apr 2026 | 2–3 weeks | Not yet | Price +5.2% since tender. Confirm if contract is fixed or fluctuating. |
| Steel Structure | TBC | 21 Jul 2026 | ~10 weeks | Not yet | Must order by April 2026 to avoid programme delay. |
| LGS System | TBC | 3 Sep 2026 | ~8 weeks | Not yet | Order by June 2026 to be safe. |
| Residential Lift — Traction | Inplex (PC Sum) | Ordered 30 Mar 2026 | 20 wks · Del. ~Nov 2026 | Ordered | Traction lift ordered 30 Mar 2026 (Inplex PC Sum, $71,888). 70% downpayment paid. Fabrication ~20 weeks from order. |
| Platform Lift (ARITCO) | Inplex (PC Sum) | Ordered 20 May 2026 | ~20 wks · Del. ~Oct 2026 · Install from Nov 2026 | Ordered | ARITCO platform lift model confirmed and order placed 20 May 2026 at $69,215 (Inplex PC Sum). Within Nov 2026 installation window — TOP risk closed. |
| Burmese Teak Flooring | Hayashi Materials | Ordered 24 Jun 2026 | Install at finishes phase | Ordered | Client direct purchase $55,000 excl. GST (special price vs list $58,470). 50% deposit $27,500 paid. Solid teak 17mm — bedrooms, corridors, study & attic. |
| Burmese Teak Timber — Staircase | Hayashi Materials | Ordered 31 Jul 2026 | Install at finishes phase | Ordered | Client direct purchase $19,000 excl. GST (INV0116, goodwill discount off $21,650 list). Solid teak treads, risers & landings. 50% deposit ($9,500) due on confirmation — confirm once paid. |
| Kitchen — Italian Import | CUBO | Ordered 10 Jun 2026 | — | Ordered | Client direct purchase $62,500 excl. GST (Quote 2110.R3). 10% deposit $6,250 paid 10 Jun 2026. |
| Aluminium Façade | TBC | Oct 2026 | 10–12 weeks | Not yet | Shop drawings needed first. Confirm design by Jul 2026. |
| Ceramic & Porcelain Tiles | RICE FIELDS (riceLAB) via Inplex | Quoted 3 Sep 2026 · confirm by 10 Sep | Italy indent 10–12 wks · ETA early-mid Nov 2026 | Confirm Today | Quotation V2 (RF-ED/MAY-261001587-V2) — revised quantities, $22,935.78 excl. GST / $25,000.00 incl. GST across 21 line items. Most items are indent and priced on confirmation by 10 Sep 2026 to hold the early-mid Nov ETA. Staircase tread special pieces (Motley Liverpool MT06, Woodstock MT05) need ~6 wks new production plus 10–12 wks shipping — these are the long poles, not the field tiles. Only the Vaucluse Casa Bianca and Motley Rio wall tiles are ready stock in Singapore. Quote validity 30 days, to 3 Oct 2026. |
| Sanitary Ware & Fittings | LIXIL (GROHE) + Carera (GESSI/ROCA) | Ordered 26 Jul 2026 | LIXIL 3–4 mths · Carera 4–6 mths (indent) | Ordered | Client direct purchase $23,845 excl. GST — LIXIL R4 $16,500 (21 Jul 2026) + Carera v6 $7,345. Ordered ahead of the Nov 2026 install window. Carera indent 4–6 mths is the binding path — release the 50% deposit ($3,672) to start the clock. |