Hong Kong Report

RLB Construction Cost Update HK Q4 2022

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Anderson Chan


Anderson Chan


Hong Kong Report , Market Research
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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%.