Hong Kong Report

RLB Construction Cost Update HK Q4 2022

About this article
Anderson Chan

Author

Anderson Chan

Themes

Hong Kong Report , Market Research
Market Insights

Sign Up for Market Trends & Insights

Connect

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 an increase of 1.6% in tender prices in the third quarter of 2022.

On a year-on-year basis, the tender price increased by 7.3%.