Hong Kong Report

RLB Construction Cost Update HK Q1 2021

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Anderson Chan

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Anderson Chan

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Hong Kong Report , Market Research
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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 0.4% in tender prices in the fourth quarter of 2020.

 

On a year-on-year basis, the tender price decreased by 3.9%.