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Real Estate Briefing - Categorized | Asia Pacific, Construction more

Asia Pacific worlds cheapest for building property

Posted on 06 September 2011

Countries throughout the Asia Pacific region have significantly lower building costs than their counterparts in The West, despite experiencing substantial economic growth. India and Sri Lanka have the lowest construction costs in the Asia Pacific region; 70% less than in the UK. China comes in next with building costs 55% lower than those in Britain.
And despite property prices booming in Hong Kong and Singapore over the last year, the two islands maintained their costs at 2010 levels; around 10% below those in the UK. (Press Release)


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