{"id":62451,"date":"2017-08-01T17:16:31","date_gmt":"2017-08-01T10:16:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-building-industry-experts-applaud-arrival-of-universal-international-construction-measurement-standards\/"},"modified":"2017-08-01T17:30:19","modified_gmt":"2017-08-01T10:30:19","slug":"hong-kong-building-industry-experts-applaud-arrival-of-universal-international-construction-measurement-standards","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-building-industry-experts-applaud-arrival-of-universal-international-construction-measurement-standards\/","title":{"rendered":"Hong Kong building industry experts applaud arrival of universal International Construction Measurement Standards"},"content":{"rendered":"<p>&#013;<br \/>\nThe newly launched global standards of measurement for construction costs will enhance transparency, lure more capital investment, and improve confidence of both institutional and individual investors, according to the president of the Hong Kong Institute of Surveyors (HKIS).<br \/>\nUntil now the global construction industry has lacked a common language and framework for classifying and reporting construction costs, which has often caused huge problems for consultants, quantity surveyors, construction&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2104981\/hong-kong-building-industry-experts-applaud-arrival\" target=\"_blank\">Hong Kong building industry experts applaud arrival of universal International Construction Measurement Standards<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The newly launched global standards of measurement for construction costs will enhance transparency, lure more&#46;&#46;&#46;<\/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-62451","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-gfh","jetpack-related-posts":[{"id":103206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-surveyors-just-about-survive-the-onslaught-of-automation-in-the-industry-but-for-how-long\/","url_meta":{"origin":62451,"position":0},"title":"Hong Kong\u2019s property surveyors just about survive the onslaught of automation in the industry &#8230; but for how long","date":"January 23, 2019","format":false,"excerpt":"\r Singapore-based asset management company PhilipCapital and Hong Kong-based surveyors CHFT Advisory and Appraisal have formed a joint venture to promote the use of automated property appraisals and make it convenient for banks to process mortgage applications, but it faces stiff resistance from surveyors who do not want to replace\u2026","rel":"","context":"In &quot;Property News&quot;","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":62451,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88413,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/construction-labour-squeeze-propels-hong-kong-into-third-spot-among-most-expensive-cities-globally-to-build\/","url_meta":{"origin":62451,"position":2},"title":"Construction labour squeeze propels Hong Kong into third spot among most expensive cities globally to build","date":"May 16, 2018","format":false,"excerpt":"\r Hong Kong\u2019s construction labour costs have vaulted 25 per cent in the last 12 months, elevating the city into the third spot among the most expensive to build globally, trailing only New York and San Francisco, and stoking concerns of runaway home price inflation. The average construction cost in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30417,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-construction-costs-expected-to-remain-flat-for-rest-of-the-year\/","url_meta":{"origin":62451,"position":3},"title":"Hong Kong construction costs expected to remain flat for rest of the year","date":"October 18, 2016","format":false,"excerpt":"\r 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113821,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-to-increase-in-the-second-quarter-as-buyers-return-amid-easing-social-tensions-says-centaline-surveyors\/","url_meta":{"origin":62451,"position":4},"title":"Hong Kong home prices to increase in the second quarter as buyers return amid easing social tensions, says Centaline Surveyors","date":"January 23, 2020","format":false,"excerpt":"\r Hong Kong property prices are expected to bounce back in the second quarter amid rising sales of new flats, according to Centaline Surveyors.Louis Chan Wing-kit, vice-chairman for Asia-Pacific at Centaline Surveyors, said property prices could bounce back by 5 per cent in the second quarter from its lowest point\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreclosures-set-to-surge-as-hong-kong-homeowners-struggle-with-finances-due-to-recession-rising-unemployment\/","url_meta":{"origin":62451,"position":5},"title":"Foreclosures set to surge as Hong Kong homeowners struggle with finances due to recession, rising unemployment","date":"June 17, 2020","format":false,"excerpt":"\r The number of foreclosed properties in Hong Kong could reach the highest level since the global financial crisis early next year, as owners struggle to repay mortgages amid a recession-hit economy that has taken a toll on businesses and pushed the unemployment rate to the highest in more than\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/62451"}],"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=62451"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/62451\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=62451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=62451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=62451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}