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2019年4月26日 (金)

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<p>  Hong Kong’s slide down ranks of metropolitan areas with best world building expenditures to spice up developers</p>
<p>  A development site in Hong Kong. Homebuyers are unlikely to benefit from slower expansion in normal charge, with developers prone to prefer maximising their revenue. Image: Edmond SoA development website in Hong Kong. Homebuyers are unlikely to benefit from slower growth in common price tag, with builders prone to desire maximising their gains. photo: Edmond So</p>

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<p>  Hong Kong moved down two places in the ranks of metropolitan areas along with the optimum normal charge of building globally in 2018, according to international undertaking manager Turner and Townsend. The city’s average value of construction rose by just 1 for each cent, contributing to some slip from third spot in 2017 to fifth last calendar year.</p>
<p>  The standard building price tag experienced risen by six.2 for every cent in 2017, placing Hong Kong at the rear of only London and Zurich. Last year, afflicted from the US-China trade war, it stood at US$3,749 for each square metre.</p>
<p>  The slower growth charge is anticipated to boost developers and builders amid a local weather of uncertainty.</p>

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<p>  “This is nice information for developers, particularly mid to tiny sized ones, as being the city’s housing market has become dormant given that very last year. They are not sure exactly where it can be heading, while now we have witnessed symptoms of recovery recently,” stated Vincent Cheung, handling director of Vincorn Consulting and Appraisal.</p>
<p>  “The decline in common development cost is principally mainly because of the cost of setting up products. Metal, as an example, is slipping given that the worldwide financial climate sours,” Cheung included.</p>
<p>  Hong Kong builders fight to rein in constructing expenditures, and steer clear of crimson tape</p>
<p>  Within the existing cost of US$2,092 for each tonne, the expense of metal is down by one for each cent 12 months on calendar year, in accordance to Turner and Townsend. The Trump Administration’s trade war has stifled Chinese exports and flooded the Asian market with affordable metal, resulting in lower price ranges.</p>

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