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A Project Manager of one of your developer clients, has observed that the percentage increase in the unit construction cost per Construction Floor Area (CFA)

A Project Manager of one of your developer clients, has observed that the percentage increase in the unit construction cost per Construction Floor Area (CFA) of residential development is significantly higher than the corresponding percentage increase in your company's TPI in the past decade. She casts a doubt about the accuracy of your company's TPI.

Why there is a deviation between the percentage changes in the residential unit construction cost and the TPI. Please explain.

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