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

Topic |   Hong Kong property

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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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