Updated 2026-09-15

Construction Costs

House Construction Cost Planning: Kennedy Town, Hong Kong SAR, China

Kennedy Town house cost planning using the World Bank ICP 2021 national construction price-level index of 141.8, plus a GeoNames-based local comparable-search shortlist.

On this page

Last updated September 15, 2026 · National screening observation from the [World Bank ICP 2021 API](https://api.worldbank.org/v2/sources/90/country/HKG/classification/PX.WL/series/1501200/time/YR2021/data?format=json) and [ICP data documentation](https://www.worldbank.org/en/programs/icp/data); locality and population from the [GeoNames HK dump](https://download.geonames.org/export/dump/HK.zip) (CC BY 4.0 snapshot 2026-08-26, GeoNames ID 1819638). The PLI is not a city cost/m² rate, current escalation series or tender estimate.

Direct answer

For early house construction cost planning in Kennedy Town, the World Bank ICP reports a 2021 Hong Kong SAR, China construction price-level index of 141.8, with the world equal to 100. This is a national comparison—not a Kennedy Town HKD/m² rate or tender estimate—so replace it with current local evidence before budgeting or procurement. The observation covers construction across Hong Kong SAR, China in 2021; it does not measure a Kennedy Town market basket or current house tenders. GeoNames 1819638 records the locality at 22.2828, 114.1295, with snapshot population 38,000. That ranks Kennedy Town 44 of 50 listed places, while Pok Fu Lam is the nearest listed peer at about 2 km. Use these facts only to plan the comparable search. Obtain current local rates on a consistent area basis, then reconcile scope, taxes, fees, contingency and escalation. Retain the source, base date and reviewer when local evidence replaces the screening ratio.

Content and cited inputs reviewed by Scott Barrington, Harth founder and architectural technology specialist · Published 2026-08-26 · Updated 2026-09-15.

What does the 141.8 construction index mean?

The World Bank ICP 2021 construction PLI for Hong Kong SAR, China is 141.8, compared with a world benchmark of 100. It is a national spatial price comparison assembled for the 2021 reference year. It does not say that house work in Kennedy Town costs 1.418 times a current world rate.

Which Kennedy Town inputs are known?

The reproducible locality point is 22.2828, 114.1295 (GeoNames 1819638). Its snapshot population is 38,000, ranked 44 of 50 listed places; GeoNames classifies it as a populated place in administrative area HCW. These facts shape the local comparable search, not the price.

What must a project estimate add?

For a Kennedy Town house project, reconcile dwelling size, structural system, envelope specification, kitchens and bathrooms. Use a consistent gross-floor-area basis and record the following before reliance.

Estimate fieldScreening recordProject requirement
National contextICP 2021 PLI 141.8Retain only as dated cross-country context
Local HKD/m² rateNot suppliedCurrent comparable with named source and base date
Area and scopeGross floor area; scope unresolvedMeasurement standard, specification and procurement route
AdditionsNot suppliedTaxes, fees, site work, contingency and escalation
ReviewAutomated source and arithmetic QAQualified local cost review

Kennedy Town comparable-location search screen

This shortlist is computed from the checked GeoNames snapshot. Distance and population help prioritize where to request comparables; neither is used as a cost multiplier.

Listed placeGreat-circle km from Kennedy TownSnapshot populationAdmin area
Pok Fu Lam277,100HSO
Victoria2956,800HCW
Wan Chai4166,695HWC
Aberdeen5157,400HSO
Hong Kong57,396,076not stated
Choi Wan1038,405KWT
Mei Foo Sun Chuen637,299KSS
Tsz Wan Shan1137,242KWT

Price-level normalization worksheet

For a validated reference rate R from a country with construction PLI P, the transparent screening calculation is R × (141.8 ÷ P). At P = 100 the dimensionless ratio is 1.418; no world cost rate is asserted. Keep the reference rate's currency, base date, area basis and scope attached.

InputRecorded valueRelease condition
Target national PLI141.8 (World = 100, 2021)Screening context only
Reference construction PLI PUser-supplied from the same ICP classification/yearMust match reference rate country
Validated reference rate RUser-suppliedNamed source, currency, date, area and scope
Local Kennedy Town adjustmentNot assertedReplace with current local comparable evidence
Result statusScreening normalizationNot a budget, quote or tender estimate

Sources and method

National screening observation from the World Bank ICP 2021 API and ICP data documentation; locality and population from the GeoNames HK dump (CC BY 4.0 snapshot 2026-08-26, GeoNames ID 1819638). The PLI is not a city cost/m² rate, current escalation series or tender estimate.

Frequently asked questions

Does the 141.8 index give a house cost per m² for Kennedy Town?

No. 141.8 is the World Bank ICP 2021 national construction price-level index for Hong Kong SAR, China, with the world equal to 100. It is a cross-country screening statistic, not a Kennedy Town HKD/m² rate, escalation index, quote or tender estimate.

How should a Kennedy Town house estimate replace this screening benchmark?

Collect current Kennedy Town comparables on a consistent gross-floor-area basis, reconcile dwelling size, structural system, envelope specification, kitchens and bathrooms, and state base date, currency, taxes, fees, site work, contingency and escalation. A qualified local cost professional should review the resulting project estimate.

The AI-powered workspacefor architects.