Calculates the construction cost differential between two selected dates. This first edition of the RLB Crane Index for Hong Kong follows in the footprints of RLB Crane Indices Estimates of the current range of costs across the globe for key building types. Rrider Levett Bucknall (RLB) is the world's leading quantity surveying consultancy firm in real estate and construction industry. Middle East - April 1, 2020 - Arcadis, the leading global Design & Consultancy organization for natural and built assets, today announced the release of its annual Arcadis International Construction Cost Index (ICC). Development scale adjustment: Total GFA < 10,000 m2 → add 5%-10% on item 1A International Construction Costs 2017. (_____ m2 GFA x _____ $/m2 GFA) 1B. Following London, New York City, and Hong Kong, … Rider Levett Bucknall is an independent, global property and construction practice with over 3,500 people in more than 120 offices across Asia, Oceania, Europe, Middle East, Africa and the Americas. Kim Slowey @kimslowey. The strength of Rider Levett Bucknall (RLB), the ... growth during 2019 and into 2020 may be hindered by a combination of several global uncertainties, ... region around Hong Kong where construction cost deflation of between 2% and 3% is forecast for gLObAL INTELLIgENcE Find out more by downloading the city spotlight. Hong Kong keeps rank the third most expensive city as last year, still most expensive Asian city to build. The index adopts September 2008 as the base period (i.e. What cities are the costliest to build in around the world? September 2008 = 100) and its index level is not directly comparable with those of other series. Services provided include Cost Management, Project Management and Advisory Services. Author By. ). RLB TPI % Change. on construction sites and gives a simplified measure of current state of the construction industry workload. The RLB Crane Index was the first of its kind, and unlike other industry indicators that track cost and other financial data. Smart decisions creating long-term value. The following are the third quarter Construction Cost Indicator. The copper pipes cost index is a new index series with data collection commenced since 2008. Building Cost Pro-forma for Private Sector Developments in Hong Kong 3. Published Feb. 13, 2020 ... Zurich and Hong Kong. Rates are in national currency. Arcadis 2020 International Construction Cost Index finds London, New York City and Hong Kong the most expensive cities . International Construction Costs 2019. This is a challenging year for Hong Kong’s construction industry. International Construction Costs 2020 Rethinking Resilience. 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 a drop of 0.2% in tender prices in the third quarter of 2020. CHECKLIST - ESTIMATION OF DEVELOPMENT COSTS FOR HOTEL Assumed Building Quality: Three-Star Four-Star Five-Star Construction Cost estimation 1A. We have more than 120 offices worldwide with over 3,600 employees. Cost Certainty in an Uncertain World. 3rd Quarter 2020. International Construction Costs 2018. Tackling Costs in the Digital Age. International Construction Costs 2016. On a year-on-year basis, the tender price decreased by 4.0%. The most expensive Asian city to build in around the world on a year-on-year basis, the price! And its Index level is not directly comparable with those of other rlb construction cost hong kong 2020 include Cost,! Globe for key building types worldwide with over 3,600 employees Advisory services GFA _____... 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