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Construction Cost Calculator

Estimate the total construction cost of a building project based on area, cost per square meter, and additional expenses.

m²
$
$
$
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Fill in the fields above and click Calculate to see your results.

How to use

Enter your total floor area (sum of all floors, not the land area), the market construction rate per m² for your build standard, plus foundation and interior finishing budgets. Set a contingency of 10–15% — surprises are the rule in construction, not the exception. The calculator returns structural cost, base total, the grand total with contingency, and your effective all-in cost per m².

Get the per-m² rate from at least two recent local quotes, and confirm what it includes: rough build only (phần thô) versus turnkey (chìa khóa trao tay) rates differ by 40–60%. The effective cost per m² is your best number for comparing contractor bids on equal footing.

How it's calculated

Structural Construction Cost

floor_area * cost_per_sqm

Cost of the main structure based on area

Base Total Cost

floor_area * cost_per_sqm + foundation_cost + finishing_cost

Total before contingency reserve

Total Estimated Cost

(floor_area * cost_per_sqm + foundation_cost + finishing_cost) * (1 + contingency_percent / 100)

Full project cost including contingency reserve

Effective Cost Per m²

(floor_area * cost_per_sqm + foundation_cost + finishing_cost) * (1 + contingency_percent / 100) / floor_area

All-in cost per square meter including all expenses

Examples

3-bedroom house in Vietnam

  • Total Floor Area:150
  • Construction Cost Per m²:8,000,000
  • Interior Finishing Cost:100,000,000
  • Foundation & Site Preparation:50,000,000
  • Contingency Reserve:10

Result

  • Base Total Cost:1,350,000,000
  • Total Estimated Cost:1,485,000,000
  • Structural Construction Cost:1,200,000,000
  • Effective Cost Per m²:9,900,000

The structure alone costs 1.2B₫, but foundation, finishing, and a 10% reserve lift the realistic budget to 1.49B₫ — an effective 9.9M₫/m², about 24% above the headline rate. Budgeting only the per-m² rate is how projects run out of money at the finishing stage.

Compact townhouse, 2 floors

  • Total Floor Area:80
  • Construction Cost Per m²:7,000,000
  • Interior Finishing Cost:60,000,000
  • Foundation & Site Preparation:40,000,000
  • Contingency Reserve:5

Result

  • Base Total Cost:660,000,000
  • Total Estimated Cost:693,000,000
  • Structural Construction Cost:560,000,000
  • Effective Cost Per m²:8,662,500

A modest 80m² build lands at 693M₫ all-in, or about 8.7M₫/m². The 5% contingency here is optimistic — on tight urban sites with shared walls and difficult access, 10–15% is the safer assumption.

Industry Benchmarks

Metric Typical Range
Vietnam 2025 all-in rates: rough build 3.5–5M₫/m², standard turnkey 7–10M₫/m², high-end 12M₫+/m². Provinces run 10–20% below the big cities. 7000000–10000000 ₫/m²

Data source: VN residential contractor market rates 2025 (HCMC/Hanoi)

Frequently Asked Questions

What is included in construction cost per m²?

A rough-build (phần thô) rate covers foundation-up structure: concrete, steel, brick walls, roof, and basic MEP rough-in. Turnkey rates add finishing — tiles, paint, doors, sanitary ware, electrical fixtures. Always confirm the scope in writing before comparing rates; the same house can be quoted 40–60% apart.

Why add a contingency reserve?

Ground conditions, price fluctuations of steel and cement, design changes mid-build, and weather delays reliably add cost. Industry practice is 10% for straightforward houses and 15–20% for renovations or difficult sites. Projects without a reserve fund typically stall when the surprise arrives.

How do I calculate floor area for a multi-storey house?

Sum every floor's built area, and note that Vietnamese contractors typically count extras by convention: roofs at 30–70% of area depending on type, balconies around 50–70%, and basements at 150–200%. Ask each bidder for their coefficient table so quotes are comparable.

How can I keep construction costs under control?

Lock the design before breaking ground — mid-build changes are the most expensive kind. Fix the contract price with a clear scope and materials schedule, stage payments against milestones, buy key materials during price dips if you can store them, and keep the contingency untouched for real surprises rather than upgrades.
CalcVault Editorial Team

CalcVault Editorial Team

Verified Content Team

The CalcVault Editorial Team is a group of finance, health, and mathematics specialists dedicated to producing accurate, bilingual calculator content for Vietnamese and global small business owners. Every formula on CalcVault undergoes rigorous source verification against authoritative bodies including the IRS, CFPB, CDC, WHO, and NIST before publication. Our process includes independent peer review, structured fact-checking, and scheduled content audits to ensure every calculator remains up-to-date with the latest regulatory and scientific standards. We are committed to editorial independence from our advertising partners.

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