Building & Engineering
Construction sector dips by 4.2%
Construction sector dips by 4.2%
Construction work at private sector sites recorded the highest drop in 2020.
Wing Fung Group posts 'modest' $1.3m profit increase in 2020
Its revenues also recorded an increase of 16.1% to $221.2m this year.
Chinachem and SCC to develop smart city and cyber security standards
Under the new arrangement, both parties will foster the development of IoT PropTech for sustainable living.
Highways Department signs contract for CKR works
This comprises the construction of buildings and is expected to cost about $5.67b.
Value of construction works down 3% to $58.4b in Q3
Value of work at public sector sites fell to $15.5b.
Costs of completed buildings totalled $2.4b in July
Another 110,548 sqm of new buildings will be added to the supply pipeline.
Value of construction work down 8% to $57b in Q2
The value of construction projects for public sector sites crashed 26.9% YoY.
Hong Kong remains the priciest Asian city to build in: study
Its low technology adoption rate is driving up construction costs.
Urban Renewal Authority unveils building rehabilitation platform
It will provide information and technical support on redeveloping sites to building owners.
HKDecoman raises US$1.4m to revamp Hong Kong's home renovation industry
It offers a one-stop shop including a physical outlet stocked with tools and an online marketplace.
23 building plans approved in August
More than half of the units will be located in the New Territories.
15 pre-sale consents issued in Q3
Residential developments dominated quarterly figures.
Government to launch central building management platform
Owners can learn about maintenance work from relevant authorities themselves.
Levy threshold for three construction ordinances raised to $3m
The changes will take effect on July 30.
Construction costs in Hong Kong are Asia's most expensive
The city has been slow to integrate digital solutions which could bring costs down.
Residential projects dominate construction works in 2017
The gross value of home projects rose 1.4% in nominal terms to $66.1b.
Hong Kong inks deal with UK to share infra planning techniques
The MOU was signed by Permanent Secretary for Development Hon Chi-Keung.
Read Here
Advertise
Sign Up
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong