Hong Kong Report

RLB Construction Cost Update HK Q3 2020

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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 decrease of 1.5% in tender prices in the second quarter of 2020.

 

On a year-on-year basis, the tender price decreased by 5.0%.