RLB-QuarterlyHongKongConstructionCostReport-March2010.pdfVIP

13 Quarterly Hong Kong Construction Cost Report March 2010 AmericAs CANADA Calgary Toronto CARIBBEAN Barbados Cayman Islands USA Boston Chicago Denver Honolulu Kona Las Vegas Los Angeles New York Orlando Portland San Francisco Phoenix Seattle Washington DC Offices around the world AsiA CHINA Beijing Chengdu Chongqing Dalian Guangzhou Guiyang Hangzhou Hong Kong Macau Sanya Shanghai Shenyang Shenzhen Tianjin Wuhan Wuxi Xian Zhuhai INDONESIA Jakarta MALAYSIA Kota Kinabalu Kuala Lumpur PHILIPPINES Manila SINGAPORE Singapore SOUTH KOREA Seoul THAILAND Bangkok VIETNAM Ho Chi Minh City emeA UK Birchwood/Warrington Birmingham Bristol Edinburgh Liverpool London Manchester Newcastle Sheffield Warton Wokingham Welwyn Garden City MIDDLE EAST Abu Dhabi Dubai Muscat Riyadh EUROPE RLB|EuroAlliance Austria Belgium Bulgaria Czech Republic Estonia France Germany Greece Hungary Ireland Italy Kazakhstan Latvia Luxembourg Malta Netherlands Norway Poland Portugal Romania Russia Slovakia Slovenia Spain Sweden Switzerland Turkey Ukraine OceANiA AUSTRALIA Adelaide Brisbane Cairns Canberra Darwin Gold Coast Melbourne Newcastle Northern NSW Perth Sunshine Coast Sydney Townsvilla Western Sydney NEW ZEALAND Auckland Christchurch Otago Palmerston North Tauranga Wellington Disclaimer: While the information in this publication is believed to be correct at the time of publishing, no responsibility is accepted for its accuracy. Persons desiring to utilize any information appearing in the publication should verify its applicability to their specific circumstances. Cost information in this publication is indicative and for general guidance only and is based on rates at 4th Quarter 2009. 1COST COMMENTARY Review of tender price movements in Hong Kong 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 2.16% in tender prices in the fourth quarter of 2009. On a year-on-