10 factors affecting to the cost of car parking

1. Geographical location

Because of each area, the fee for hiring or buying land to install automated car parking systems will be different. Additionally, in the big city, the salary for workers will be high but the materials will be easily found.

2. The structure of car parking system

This is the big point affecting the cost of the car parking system. Compared to the surface area for parking is big, less floor will cost less with the narrow surface area and many floors. The reason is the cost for the first layer is always cheaper than the others.

Additionally, the cost for the foundation of each car parking will be high if it has a lot of floors. 

3. Basement of car parking

Normally, the cost for building an automated car parking system in the basement will go up 15% compared to those on the ground.

4. The structure of car parking

The structure will decide approximately 60% - 70% of the cost for car parking. Some popular types of automated car parking systems are: tower, cart, puzzle,... Each type will be comfortable for each place because it depends on the geography and the method to build the car parking system.

5. The foundation

A car parking system has a lot of floors and will request a strong foundation so it will raise the cost. If the car parking is installed in some poor area, it will require a deep foundation.

6. The front architecture

To have beautiful front architecture, the cost will be 15% in the total for building a car parking. That is why, a designer needs to make sure the front architecture is not only beautiful but also has a reasonable price. 

7. The total of parking lots

The total of parking lots can be affected with the cost for car parking. A big project for car parking will have cheaper price of parking lot than a small project. For example, the cost for 1000 parking lots will cost 30% less than 200 parking lots. 

8. An efficiency space of  car parking

An efficiency space is the area for car parking. If the surface is big, the cost for that surface will be high. The high cost for car parking is the low efficient space. 

9. The support items

For example: light, barrier, signs,... will affect to the cost of car parking. It goes up to 25-30% for each meter of car parking. Additionally, rebuilding roads or dismantling old structures will raise the cost too.

10. Bid condition

Normally, the contractor will take part in the bidding and by that way, the owner will find the best contractor for his project. This job will affect up to 10% of the cost for car parking. For example, a bidding will have more than 10 contractors. The more contractors follow a project, the less cost the owner has paid. However, the owner needs to consider that the contractor has a good price and quality.