Property News · October 18, 2016

Hong Kong construction costs expected to remain flat for rest of the year


Hong Kong construction costs are expected to remain flat for the rest of this year, but market watchers believe it unlikely record home prices will ease anytime soon, as the city remains the costliest place in Asia to develop property.
A report by London-based consultancy Arcadis, which has offices in Hong Kong and other parts of Asia, attributed the flat building costs in the city “macroeconomic factors including the strong Hong Kong dollar compared to the yuan, low crude oil prices,…

Source : South China Morning Post
Read more…Hong Kong construction costs expected to remain flat for rest of the year

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