Breaking Down the Total Package Cost

The total package cost is comprised of several key components, each playing a significant role in determining the overall expense. Below is a detailed breakdown of these costs:

Base Rent

The base rent for the property is 3,000,000 (3M), which serves as the foundation for the total package cost.

Additional Fees

• Agency Fee: 10% of the base rent, which amounts to 300,000. This fee is paid to the agency for their services in facilitating the rental process.
• Legal Fee: 10% of the base rent, totaling 300,000. This fee covers the legal aspects of the rental agreement, ensuring that all parties are protected and aware of their obligations.
• Caution Fee: 10% of the base rent, which is 300,000. This fee acts as a security deposit, providing a safeguard against any potential damages or unpaid rent.

Service Charge

A service charge of 500,000 is also applicable, covering various services and amenities provided as part of the rental agreement.

Total Package Cost

When all the components are added together, the total package cost amounts to 4,400,000 (4.4M). This comprehensive figure encompasses the base rent, agency fee, legal fee, caution fee, and service charge, providing a clear understanding of the overall expense involved in renting the property.