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HONG KONG
Medium-Term Outlook for Hong Kong Construction (2026-2028)
Projected Cost Trajectory and Key Industry Drivers Comparative, Construction Cost Analysis: Hong Kong, Singapore, and Tokyo. Overall, while Hong Kong remains a premium construction market, its relative competitiveness is challenged by structural inefficiencies ...

"One Victoria Cove" in Hung Hom Launches Phased Sales
URA's Pilot "District-Based" Redevelopment Project Reshaping the Victoria Cove Urban Fabric -- it marks a significant transition in Hong Kong's urban renewal approach-from isolated site redevelopment to a holistic, district-based planning model

Kai Tak Smart & Green Mass Transit System officially approved
By granting approval, ExCo confirmed the final alignment, station locations, and overall design of the system. This step also reflects a level of public and institutional consensus, indicating that the project has gained sufficient support to proceed despite earlier debates over cost ...

Construction Activity Stabilizes Amid Cautious Development Pace
Residential Supply Holds Steady as Project Starts Regain Momentum - Between November 2025 and January 2026, a total of 29 building plans were approved, with residential and mixed-use developments accounting for the majority at 17 projects. The remaining approvals included ...

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