The International Construction Survey 2017 by global project manager, Turner and Townsend suggests the cost of actually building a high-rise flat is US$3,371 per square metre in Hong Kong, while Singapore is 46 per cent cheaper at just US$1,803 per sq m, and 35 per cent lower at US$2,169 per sq m in Sydney. Photo: MTR
The International Construction Survey 2017 by global project manager, Turner and Townsend suggests the cost of actually building a high-rise flat is US$3,371 per square metre in Hong Kong, while Singapore is 46 per cent cheaper at just US$1,803 per sq m, and 35 per cent lower at US$2,169 per sq m in Sydney. Photo: MTR

Hong Kong developers battle to rein in building costs, and avoid red tape

A 500 square foot flat in a normal high-rise building requires 150 tonnes of conventional concrete. With super-strong lightweight concrete, the building foundations will be 20pc cheaper, claims one firm

The International Construction Survey 2017 by global project manager, Turner and Townsend suggests the cost of actually building a high-rise flat is US$3,371 per square metre in Hong Kong, while Singapore is 46 per cent cheaper at just US$1,803 per sq m, and 35 per cent lower at US$2,169 per sq m in Sydney. Photo: MTR
The International Construction Survey 2017 by global project manager, Turner and Townsend suggests the cost of actually building a high-rise flat is US$3,371 per square metre in Hong Kong, while Singapore is 46 per cent cheaper at just US$1,803 per sq m, and 35 per cent lower at US$2,169 per sq m in Sydney. Photo: MTR
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