Property News · July 11, 2017

Hong Kong’s high construction costs could keep rising on surge in government projects


Hong Kong’s notoriously high construction costs are expected to climb even higher, perhaps giving the city a new No 1 ranking over the next few years: the world’s most expensive place to get anything built.
But much depends on government projects and what chief executive Carrie Lam Cheng Yuet-ngor’s planned future infrastructure spending is likely to include.
High property prices are already a well-known fact of life in Hong Kong, but high construction costs can hit everyone,…

Source : South China Morning Post
Read more…Hong Kong’s high construction costs could keep rising on surge in government projects

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