{"id":60424,"date":"2017-07-11T17:30:58","date_gmt":"2017-07-11T10:30:58","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-high-construction-costs-could-keep-rising-on-surge-in-government-projects\/"},"modified":"2017-07-11T17:42:36","modified_gmt":"2017-07-11T10:42:36","slug":"hong-kongs-high-construction-costs-could-keep-rising-on-surge-in-government-projects","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-high-construction-costs-could-keep-rising-on-surge-in-government-projects\/","title":{"rendered":"Hong Kong\u2019s high construction costs could keep rising on surge in government projects"},"content":{"rendered":"


\nHong Kong\u2019s 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\u2019s most expensive place to get anything built.
\nBut much depends on government projects and what chief executive Carrie Lam Cheng Yuet-ngor\u2019s planned future infrastructure spending is likely to include.
\nHigh property prices are already a well-known fact of life in Hong Kong, but high construction costs can hit everyone,…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s high construction costs could keep rising on surge in government projects<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s notoriously high construction costs are expected to climb even higher, perhaps giving the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-60424","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-fIA","jetpack-related-posts":[{"id":127978,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-construction-costs-may-discourage-hong-kongs-developers-from-bidding-aggressively-for-land\/","url_meta":{"origin":60424,"position":0},"title":"Soaring construction costs may discourage Hong Kong\u2019s developers from bidding aggressively for land","date":"July 26, 2022","format":false,"excerpt":"\r Higher costs driven by a surge in materials prices are likely to make property developers more restrained when they are bidding for land, according to analysts.\r \r Source : South China Morning Post\r Read more...Soaring construction costs may discourage Hong Kong\u2019s developers from bidding aggressively for land","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-slide-down-ranks-of-cities-with-highest-global-construction-costs-to-boost-developers\/","url_meta":{"origin":60424,"position":1},"title":"Hong Kong\u2019s slide down ranks of cities with highest global construction costs to boost developers","date":"April 12, 2019","format":false,"excerpt":"\r Hong Kong moved down two places in the ranks of cities with the highest average cost of construction globally in 2018, according to international project manager Turner and Townsend. The city\u2019s average cost of construction rose by just 1 per cent, contributing to a slip from third place in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115929,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-disrupts-hong-kongs-property-industry-as-construction-on-90-per-cent-of-projects-delayed\/","url_meta":{"origin":60424,"position":2},"title":"Coronavirus disrupts Hong Kong\u2019s property industry as construction on 90 per cent of projects delayed","date":"April 29, 2020","format":false,"excerpt":"\r The Covid-19 outbreak has thrown a spanner in the works of Hong Kong\u2019s property industry. The delivery of at least 1,900 homes to buyers will be delayed, while some developers risk losing hundreds of millions of dollars in booking sales, as the pandemic disrupts construction activity in the city\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123505,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-land-starved-builders-seek-heritage-projects-for-urban-plots-cultural-cachet\/","url_meta":{"origin":60424,"position":3},"title":"Hong Kong\u2019s land-starved builders seek heritage projects for urban plots, cultural cachet","date":"November 30, 2021","format":false,"excerpt":"\r Hong Kong\u2019s property developers have increasingly taken an interest in heritage projects over the past five years, as such developments enhance their corporate image and let them access valuable urban land.The number of such projects has risen despite the higher costs and longer time frames involved, said Candy Chan,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117536,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-home-sales-surge-to-13-month-high-in-june-as-developers-price-projects-aggressively-to-attract-buyers\/","url_meta":{"origin":60424,"position":4},"title":"Hong Kong\u2019s new home sales surge to 13-month high in June as developers price projects aggressively to attract buyers","date":"July 3, 2020","format":false,"excerpt":"\r Sales of new flats in Hong Kong jumped to a 13-month high in June as developers stepped up marketing efforts and offered steeper discounts to woo buyers at a time of escalating US-China tensions and uncertainties over the coronavirus pandemic.New home sales surged 92 per cent month on month\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127363,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-snap-up-grant-jetes-new-flats-in-tuen-mun-to-get-ahead-of-rising-mortgage-rates\/","url_meta":{"origin":60424,"position":5},"title":"Hong Kong\u2019s homebuyers snap up Grant Jete\u2019s new flats in Tuen Mun to get ahead of rising mortgage rates","date":"June 25, 2022","format":false,"excerpt":"\r Hong Kong\u2019s biggest mortgage lenders kept their prime rates unchanged immediately after the monetary authority\u2019s June 16 move, giving homebuyers the opening to get ahead of higher borrowing costs.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s homebuyers snap up Grant Jete\u2019s new flats in Tuen Mun\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/60424"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=60424"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/60424\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=60424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=60424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=60424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}