Updated 2026-09-15

Construction Costs

House Construction Cost Planning: Tseung Kwan O, Hong Kong SAR, China

Tseung Kwan O 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.

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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 1818506). The PLI is not a city cost/m² rate, current escalation series or tender estimate.

Direct answer

For early house construction cost planning in Tseung Kwan O, 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 Tseung Kwan O 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 Tseung Kwan O market basket or current house tenders. GeoNames 1818506 records the locality at 22.3279, 114.2499, with snapshot population 412,900. That ranks Tseung Kwan O 11 of 50 listed places, while Sau Mau Ping 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 Tseung Kwan O costs 1.418 times a current world rate.

Which Tseung Kwan O inputs are known?

The reproducible locality point is 22.3279, 114.2499 (GeoNames 1818506). Its snapshot population is 412,900, ranked 11 of 50 listed places; GeoNames classifies it as a populated place in administrative area NSK. These facts shape the local comparable search, not the price.

What must a project estimate add?

For a Tseung Kwan O 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

Tseung Kwan O 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 Tseung Kwan OSnapshot populationAdmin area
Sau Mau Ping254,218KKT
Hang Hau236,529NSK
Tiu Keng Leng351,751KKT
Choi Wan438,405KWT
LOHAS Park550,000NSK
Kowloon City6418,732KKC
Wong Tai Sin7425,235KWT
Sham Shui Po9431,090KSS

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 Tseung Kwan O 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 1818506). 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 Tseung Kwan O?

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 Tseung Kwan O HKD/m² rate, escalation index, quote or tender estimate.

How should a Tseung Kwan O house estimate replace this screening benchmark?

Collect current Tseung Kwan O 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.

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