Hong Kong construction activity
About $7.7b new buildings completed in August
About $7.7b new buildings completed in August
The Buildings Department approved 10 building plans in the same month.
Government to resume 1,045 private lots for Ngau Tam Mei NDA
Site formation and infrastructure works will begin in the first half of 2027.
Yau Lee secures final design and construction contract for LPH projects
The contract covers six projects, which will provide around 1,500 units.
Construction sector stagnates due to rising costs and competition
Private and non-private residential construction works also fell in 1Q24.
MQDC unveils The Forestias to HK market with SQM
The Forestias will mostly complete in 2024.
Gov’t signs construction tech pact
Under the pact, agencies will explore technologies that can enhance construction efficiency and safety.
Gross value of construction works rises 3.8% YoY to $59.5b in Q2
Of the total, $15.2b were from construction works performed at private sector sites.
What are the keys to overcoming challenges hammering the construction sector?
The sector's major challenges include supply chain and labour shortages.
Material costs main obstruction in construction activity in HK: survey
About 78% of those surveyed said they are also having access issues to materials.
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In Hong Kong’s capital markets boom, execution is the edge