Approximate Cost of Construction in Hong Kong Costs per metre square of Gross Construction floor Area (HK$/m2 GCFA) at June 2009: Office Building: High Quality – $16,000/m2 to $19000/m2 Medium Quality – $12,000/m2 to 16,000/m2 Ordinary Quality – $10,000/m2 to $12,000/m2: Shopping Centre: High Quality - $18,000/m2 to $22,000/m2 © 2019 Arcadis NV Chamber of Commerce Amsterdam, the Netherlands, Latest Insights and Figures for Construction Cost Management, Construction Cost Handbook 2020 - China & Hong Kong, Review 2020 construction trends in China & Hong Kong, Construction Cost Handbook 2020 - Singapore, Review 2020 construction trends in Singapore, Construction Cost Handbook 2020 - Malaysia, Review 2020 construction trends in Malaysia, Construction Cost Handbook 2020 - Philippines, Review 2020 construction trends in Philippines, Construction Cost Handbook 2020 - Vietnam, View the latest construction trends in Vietnam, Construction Cost Handbook 2019 - China & Hong Kong, Review 2019 construction trends in China & Hong Kong, Construction Cost Handbook 2019 - Singapore, Review 2019 construction trends in Singapore, Construction Cost Handbook 2019 - Malaysia, Review 2019 construction trends in Malaysia, Construction Cost Handbook 2019 - Vietnam, Construction Cost Handbook 2019 - Philippines, Review 2019 construction trends in Philippines, Construction Cost Handbook 2019 - Indonesia, View the latest construction trends in Indonesia, Construction Cost Handbook 2018 - China & Hong Kong, Review 2018 construction trends in China & Hong Kong, Construction Cost Handbook 2018 - Singapore, Review 2018 construction trends in Singapore, Construction Cost Handbook 2018 - Indonesia, Review 2018 construction trends in Indonesia, Construction Cost Handbook 2018 - Malaysia, Review 2018 construction trends in Malaysia, Construction Cost Handbook 2017 - China & Hong Kong, View the latest construction trends in China & Hong Kong, Construction Cost Handbook 2017 - Singapore, View the latest construction trends in Singapore, Construction Cost Handbook 2017 - Malaysia, View the latest construction trends in Malaysia, Construction Cost Handbook 2017 - Indonesia, View the latest construction trends in India, Construction Cost Handbook 2017 - Vietnam, Construction Cost Handbook 2016 - China & Hong Kong, Review 2016 construction trends in China & Hong Kong, Construction Cost Handbook 2016 - Singapore, Review 2016 construction trends in Singapore, Construction Cost Handbook 2016 - Malaysia, Review 2016 construction trends in Malaysia, Construction Cost Handbook 2016 - Indonesia, Review 2016 construction trends in Indonesia, Construction Cost Handbook 2016 - Thailand, Review 2016 construction trends in Thailand, Construction Cost Handbook 2016 - Philippines, Review 2016 construction trends in Philippines, Construction Cost Handbook 2016 - Vietnam, Review 2016 construction trends in Vietnam, Head of Cost & Commercial Management, Greater Bay Area, Head of Cost & Commercial Management, China, Master Planning and Sustainable Urban Development, Highways and Intelligent Transport Systems. Activity Looking forward to next week's #RESIcon, and meeting, ... - Assisted with monthly cost reports, According to Rider Levett Bucknall’s Tender Price Index, which measures tender price movements of builder’s works in the private sector in Hong Kong, there was a drop of 1.5% in tender prices in the second quarter of 2020. Composite labour wages for building contracts . “If Hong Kong continues in this way, we will reach breaking point by 2020,” says Chan – an estimate supported by Hong Kong’s own Environmental Protection Department. VINEXPO HONG KONG 2022. Annual Report 2019/20 Keep abreast with HKIA's latest developments. 2.0 city cost comparison 2.1 summary 2.2 results table: international cost comparison 3.0 global construction market trends 3.1 trends in commodities 3.2 trends in currency 3.3 ten of the most expensive construction projects in 2017 4.0 regional construction market trends 4.1 americas - new york 4.2 asia - hong kong - singapore The following are the second Contents Introduction Overview Future business models What will it take to win in the age of digital banking? Confirmed cases were generally transferred to Princess Margaret Hospital's Infectious Disease Centre for isolation and centralized treatment. In this report, KPMG subject matter experts offer a number of predictions for the industry which also shed light on three broader trends. Drawing on these results, the report Base index not found. (F) a/c. Advanced 2020/21 Survey. Middle East - April 1, 2020 - Arcadis, the leading global Design & Consultancy organization for natural and built assets, today announced the release of its annual Arcadis International Construction Cost Index (ICC). Arcadis 2020 International Construction Cost Index finds London, New York City and Hong Kong the most expensive cities . Construction Cost Handbook 2020 - China & Hong Kong Review 2020 construction trends in China & Hong Kong Download Now EV Models in Hong Kong. On a year-on-year basis, the tender price decreased by 4.0%. Hong Kong is one of the most spectacular cityscapes in the world. Office Fit-Out Costs Range from HK$600 - 1,200 psf N in Hong Kong. Since opening our first Hong Kong office in 1962 and pioneering quantity surveying in China, we’ve grown across 20 cities, with a team of over 2,000 professionals. HKT. 157.9 . Hong Kong Banking Report 2019. A single person estimated monthly costs are 1,054.17$ (8,172.82HK$) without rent. On a year-on-year basis, the tender price decreased by 4.0%. Learn the Secret to Obtaining Zero Fit-Out Cost. Price inflation continues to affect the Hong Kong market, resulting in its elevated position in the rankings. One thing is certain: rapid change will be the new constant. San Francisco had the highest increase in costs in this latest RLB report, ... Zurich and Hong Kong. San Francisco had the highest increase in costs in this latest RLB report, ... Zurich and Hong Kong. The report also features in depth analysis of the construction markets in 19 countries, as well as myriad examples of prominent construction projects that Arcadis has helped deliver around the world. To view PDF file, you need to use the Adobe Acrobat Reader software and Adobe Asian Fonts Pack (for supporting Chinese characters), which are available free of … On a year-on-year basis, the tender price decreased by 4.1%. On a year-on-year basis, the tender price decreased by 5.0%. List of prices in Hong Kong for food, housing, transportation, going out, and more on Feb 2021. Average salary in Hong Kong is HKD 558,246 (US$ 71,812). Read More See All Our Hong Kong Research Reports . Calculates the construction cost differential between two selected cities. This annual update forecasts developments and trends affecting Hong Kong’s banking sector in 2020. (F) a/c. HONG KONG COST COMMENTARY According to Rider Levett Bucknall’s Tender Price Index, which measures tender price movements of builder’s works in the private sector in Hong Kong, there was a decrease of 0.6% in tender prices in the fourth quarter of 2019. RLB is top-heavy with management. RLB Cost Relativity. See the press release. January 21, 2021. HONG KONG COST COMMENTARY According to Rider Levett Bucknall’s Tender Price Index, which measures tender price movements of builder’s works in the private sector in Hong Kong, there was a decrease of 1.7% in tender prices in the first quarter of 2020. Here at RLB, we are bringing imagination to life. RLB Cost Relativity. Here at RLB, ... HSBC Headquarters Building in Hong Kong, the 2012 London Olympic Games and CityCenter in Las Vegas. Base index not found. The report also features in depth analysis of the construction markets in 19 countries, as well as myriad examples of prominent construction projects that Arcadis has helped deliver around the world. As the decade concludes and we look towards the dawn of the 2020s, the GCI 4.0 offers insights into the economic prospects of 141 economies. On the other hand, some people hold the grades of Associate and Partner who are clearly out of their depth. E kenneth.kwan@hk.rlb.com, Current time: See the press release. September 2008 = 100) and its index level is not directly comparable with those of other series. The following are the fourth The index adopts September 2008 as the base period (i.e. Airfreight rates out of China continued to climb last week, while prices from Hong Kong were also on the up as shippers looked to tranship through the world’s largest air cargo hub. att. The Stock Exchange of Hong Kong Limited (the “SEHK”) was incorporated in 1980, unifying the then four exchanges in Hong Kong. January 21, 2021. Receive Free Quotations & Test Fits Within Days. The current status within the development activity cycle for key construction sectors of a selected city. Cathay Pacific/HSBC Hong Kong Sevens 5-7 November 2021. Information about the postponement of the event and ticketing FAQ’s. 153.8 . Hong Kong will not be sending rubbish to landfills by 2035, the environment minister pledged on Monday, but green groups questioned the feasibility of the goal. Brief history of IPOs in Hong Kong. On a year-on-year basis, the tender price decreased by 4.0%. Meanwhile, although the United States has experienced some cost … In Turner & Townsend’s "2019 International Construction Market Survey,” the management and consulting firm identified San Francisco as the most expensive city in the world in which to build, ahead of New York City, London, Zurich and Hong Kong. 152.6 . high-cost locations such as Switzerland and Denmark have held their places at the top of the cost league. Hong Kong property, apartment, rental and sale information provided by Hong Kong Homes, a premier real estate agent pecializing in realty, residential property for rent and sale in Hong Kong. BuILDINg COST RLB’s Building Cost Ranges can be found within the ... HONG KONG MACAU SEOUL SHANGHAI SHENZHEN SOuTHEaST aSIa HO CHI MINH CITY JAKARTA KUALA LUMPUR SINGAPORE uNITED kINgDOM ... International Report – Second Quarter 2020 8 rLB TENDEr PrICE aNNuaL % CHaNgE - Q2 2020 January 11, 2021. Nov 2020 . Divulged in ECA International’s 2020 “Cost of Living Report,” this year’s number one spot goes to Hong Kong for ... 10 Best Virtual Booths to Check out During Art Basel Online Hong Kong 2020. The previous two frontrunners fell to fourth and fifth place "due to deflationary pressures as a result of shrinking domestic demand and government action," the report read. According to Rider Levett Bucknall’s Tender Price Index, which measures tender price movements of builder’s works in the private sector in Hong Kong, there was a drop of 0.2% in tender prices in the third quarter of 2020. The current status within the development activity cycle for key construction sectors of a selected city. 2 In November 1999, the Growth Enterprise Market was established to provide a platform for fundraising for companies with growth potential. COST UPDATE HONG KONG REPORT DECEMBER 2020. Office Fit-Out Costs Range from HK$600 - 1,200 psf N in Hong Kong. 141 Magazines from RLB.COM found on Yumpu.com - Read for FREE Arcadis 2020 International Construction Cost Index finds London, New York City and Hong Kong the most expensive cities . ... Second infection report from Hong Kong sparks fears; ... political turmoil and protests have impacted the cost of living in the world's priciest cities. Airfreight rates out of China continued to climb last week, while prices from Hong Kong were also on the up as shippers looked to tranship through the world’s largest air cargo hub. Cost of Labour Index. According to Mercer’s 2020 Cost of Living Survey, Hong Kong tops the list of most expensive cities for expatriates, followed by Ashgabat, Turkmenistan in second position. Summary about cost of living in Hong Kong, Hong Kong: Family of four estimated monthly costs are 3,732.87$ (28,940.30HK$) without rent (using our estimator). “If Hong Kong continues in this way, we will reach breaking point by 2020,” says Chan – an estimate supported by Hong Kong’s own Environmental Protection Department. Learn the Secret to Obtaining Zero Fit-Out Cost. Legacy Partners litter the offices not contributing to projects. Cost … region around Hong Kong where construction cost deflation of between 2% and 3% is forecast for gLObAL INTELLIgENcE RLb TENdER PRIcE INdEx 2019. As at end of December 2020, there are 18 417 EVs for road use, up from less than 100 in end 2010. This series of reports, published at 6-monthly intervals, looks at the implementation of the Sino-British Joint Declaration on the Question of Hong Kong. RLB Construction Cost Update HK Q4 2020 According to RLB’s Tender Price Index, which measures tender price movements of builder’s works in the private sector in Hong Kong, there was a drop of 0.2% in tender prices in the third quarter of 2020. We’ve been part of many landmark projects, such as the award-winning Hong Kong Science Park, The Jockey Club Innovation Tower designed by Zaha Hadid, and The OPUS designed by Frank Gehry. Economy Profile of Hong Kong SAR, China Doing Business 2020 Indicators (in order of appearance in the document) Starting a business Procedures, time, cost and paid-in minimum capital to start a limited liability company Hong Kong’s economy contracted by 3.5% year-on-year in real terms in the third quarter of 2020, after a fall of 9.0% (year-on-year) in the preceding quarter. Report Download PDF; Construction Cost Indices from 2000 to 2020: PDF (157KB) Construction Cost Indices from 1996 to 1999: International Construction Costs 2020 Index Numbers of the Costs of Labour and Materials Used in Public Sector Construction Projects (April 2003 = 100) Oct 2020 . ... with increasing costs, 2019 could be a challenging year for banks in Hong Kong. Receive Free Quotations & Test Fits Within Days. Careers. Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News on everything pertaining to technology Most cities in the region are forecasting a slowing in escalation across 2019 with the exception of Hong Kong and Macau. Hong Kong Major Report - Hong Kong Market Outlook 2021. A competent and ambitious quantity surveyor with strong backgrounds in main contracting and cost consultancy sectors. Calculates the construction cost differential between two selected cities. January 11, 2021. Compare the Cost of Living in Hong Kong with any other city in the world. The copper pipes cost index is a new index series with data collection commenced since 2008. Aged Care - Single Storey. Aged Care - Single Storey. Introduction; Meet Our ... Hong Kong International Airport Flying high for a brighter future. Read More Hong Kong ... Hong Kong Office MarketView Q4 2020. Since opening our first Hong Kong office in 1962 and pioneering quantity surveying in China, we’ve grown across 20 cities, with a team of over 2,000 professionals. Cathay Pacific/HSBC Hong Kong Sevens FAQ's. Vinexpo Hong Kong, initially scheduled for February 2021, will take place in May 2022, due to border closures and health hazards caused by Covid-19.The new dates come in response to a major objective which is to support the wine and spirits industry as the economy recovers. The COVID-19 pandemic in Hong Kong is part of the worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2).The virus was first confirmed to have spread to Hong Kong on 23 January 2020. Application starts from 21 October 2020, and owners’ corporations, DMC managers or all owners collectively can submit applications. Fiji win HK7s 7s title five years in a row Read more. Global Real Estate Market Outlook 2020 Midyear Review August 5, 2020 COVID-19 remains front of mind for investors and occupiers, despite the recovery in global economic activity that began in May. Middle East - April 1, 2020 - Arcadis, the leading global Design & Consultancy organization for natural and built assets, today announced the release of its annual Arcadis International Construction Cost Index (ICC). This mirrors the anticipated fall in GDP growth across the region in 2019 and 2020. Divulged in ECA International’s 2020 “Cost of Living Report,” this year’s number one spot goes to Hong Kong for ... 10 Best Virtual Booths to Check out During Art Basel Online Hong Kong 2020. with … It is the highest jobless rate since the last quarter of 2004 as the coronavirus pandemic continues to weigh on local consumption sentiment and disrupt economic activities. NEXT . The unemployment rate in Hong Kong increased to 6.6 percent in the three months to December of 2020 from 6.3 percent in the previous period. 1 In July 1993, the first PRC incorporated enterprise was listed in Hong Kong. Tokyo and Zurich remain in third and fourth positions, respectively, whereas Singapore is in fifth, down two places from last year. Hong Kong is one of the most spectacular cityscapes in the world. Detailed salary report based on career, education, experience, gender, age etc. att. BuILDINg COST RLB’s Building Cost Ranges can be found within the ... HONG KONG MACAU SEOUL SHANGHAI SHENZHEN SOuTHEaST aSIa HO CHI MINH CITY JAKARTA KUALA LUMPUR SINGAPORE uNITED kINgDOM ... International Report – Second Quarter 2020 8 rLB TENDEr PrICE aNNuaL % CHaNgE - Q2 2020 to share. Market Sector Activity. According to Rider Levett Bucknall’s Tender Price Index, which measures tender price movements of builder’s works in the private sector in Hong Kong, there was a drop of 1.5% in tender prices in the second quarter of 2020. with … OFFICES AROUND THE WORLD AFRICA Botswana Gaborone Mauritius Quatre Bornes Mozambique Maputo South Africa Cape Town Durban Johannesburg ... 2020 TENDER PRICE INDICES IN HONG KONG RLB = Rider Levett Bucknall (Private Sector) ASD = Architectural Services Department (Public Sector) MANILA - Paris, Zurich and Hong Kong overtook Singapore and Osaka in Japan as the world's most expensive cities this year, according to The Economist's Worldwide Cost of Living report. 2nd Quarter 2020. Market Sector Activity. 158.2 . READ MORE. The 2019 edition of The Global Competitiveness Report series, first launched in 1979, features the Global Competitiveness Index 4.0 (GCI 4.0). Cost of living index in Hong Kong … HONG KONG REPORT MARCH 2017 2 1 91 31 92 31 93 31 94 31 95 31 96 31 97 31 98 31 99 31 00 31 01 31 02 31 03 31 04 31 05 31 06 31 07 31 08 31 09 31 10 31 11 31 12 31 13 31 14 31 15 31 16 3 TENDER PRICE INDICES IN HONG KONG RLB = Rider Levett Bucknall (Private Sector) ASD = Architectural Services Department (Public Sector) Quarter / Year But in June 2020, China's parliament imposed a severe security law on Hong Kong, following months of protest and unrest in reaction to a proposed extradition law. Nonetheless, there continues to be a number of opportunities for growth. Hong Kong Property Review 2020; Hong Kong Property Review 2020 Contents. Foreword (pdf) Overview (pdf) Commentary On Private Developments. With a network that covers the globe and a heritage spanning over two centuries, Rider Levett Bucknall is a leading independent organisation in cost management and quantity surveying, project management and advisory services. Hong Kong Protest 7:42am Sep 8, 2020. 15th Floor,Goldin Financial Global Centre,17 Kai Cheung Road,Kowloon Bay,Kowloon,Hong Kong, T +852 2823 1823 Hong Kong has once again ranked as the most expensive city in the world for expats.. On a year-on-year basis, the tender price decreased by 5.0%. Approximate Cost of Construction in Hong Kong Costs per metre square of Gross Construction floor Area (HK$/m2 GCFA) at June 2009: Office Building: High Quality – $16,000/m2 to $19000/m2 Medium Quality – $12,000/m2 to 16,000/m2 Ordinary Quality – $10,000/m2 to $12,000/m2: Shopping Centre: High Quality - $18,000/m2 to $22,000/m2 VINEXPO HONG KONG 2022. The 2017 guide covers 25 locations and incorporates new cost data relating to IT infrastructure and AV, project timeline estimates, and for the first time, decentralisation benchmarks in five of the most expensive markets in Asia Pacific. RLB - Quarterly Hong Kong Construction Cost Report - June 2007 Once again, this year’s ICC Index shows the relative costs of construction for 100 of the world’s cities. San Francisco had the highest increase in costs in this latest RLB report, but RLB isn't the only one tracking the metro. Careers. Starting from 18 August 2020, those arriving in Hong Kong via the Hong Kong International Airport (HKIA) will be required by the Department of Health (DH) to proceed to the Temporary Specimen Collection Centre (TSCC) set up in the Midfield Concourse of the restricted area of HKIA for collecting their samples for COVID-19 test immediately upon arrival. Instead of managing their teams, they are working on cost plans etc. HONG KONG REPORT SEPTEMBER 2017 2 1 91 31 92 31 93 31 94 31 95 31 96 31 97 31 98 31 99 31 00 31 01 31 02 31 03 31 04 31 05 31 06 31 07 31 08 31 09 31 10 31 11 31 12 31 13 31 14 31 15 31 16 17 313 TENDER PRICE INDICES IN HONG KONG RLB = Rider Levett Bucknall (Private Sector) ASD = Architectural Services Department (Public Sector) Quarter / Year Vinexpo Hong Kong, initially scheduled for February 2021, will take place in May 2022, due to border closures and health hazards caused by Covid-19.The new dates come in response to a major objective which is to support the wine and spirits industry as the economy recovers. MORE DETAILS. Processing of applications is on a first-come-first-served basis until the funding is used up. RLB - Quarterly Hong Kong Construction Cost Report - June 2007 Composite labour wages for civil engineering contracts . Best of the 2019 Sevens. This causes no room to grow. 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