Construction Costs
House Construction Cost Planning: Tsing Yi Town, Hong Kong SAR, China
Tsing Yi 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.
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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 1818483). The PLI is not a city cost/m² rate, current escalation series or tender estimate.
Direct answer
For early house construction cost planning in Tsing Yi 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 Tsing Yi 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 Tsing Yi Town market basket or current house tenders. GeoNames 1818483 records the locality at 22.3500, 114.1000, with snapshot population 182,100. That ranks Tsing Yi Town 21 of 50 listed places, while Tsuen Wan is the nearest listed peer at about 3 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 Tsing Yi Town costs 1.418 times a current world rate.
Which Tsing Yi Town inputs are known?
The reproducible locality point is 22.3500, 114.1000 (GeoNames 1818483). Its snapshot population is 182,100, ranked 21 of 50 listed places; GeoNames classifies it as a populated place in administrative area NKT. These facts shape the local comparable search, not the price.
What must a project estimate add?
For a Tsing Yi 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 field | Screening record | Project requirement |
|---|---|---|
| National context | ICP 2021 PLI 141.8 | Retain only as dated cross-country context |
| Local HKD/m² rate | Not supplied | Current comparable with named source and base date |
| Area and scope | Gross floor area; scope unresolved | Measurement standard, specification and procurement route |
| Additions | Not supplied | Taxes, fees, site work, contingency and escalation |
| Review | Automated source and arithmetic QA | Qualified local cost review |
Tsing Yi 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 place | Great-circle km from Tsing Yi Town | Snapshot population | Admin area |
|---|---|---|---|
| Tsuen Wan | 3 | 318,916 | NTW |
| Mei Foo | 4 | 45,990 | KSS |
| Mei Foo Sun Chuen | 4 | 37,299 | KSS |
| Kwai Chung | 4 | 331,600 | NKT |
| Nam Cheong | 6 | 74,780 | KSS |
| Kowloon City Centre | 9 | 194,290 | KKC |
| Yuen Long Kau Hui | 13 | 169,600 | NYL |
| Wan Chai | 11 | 166,695 | HWC |
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.
| Input | Recorded value | Release condition |
|---|---|---|
| Target national PLI | 141.8 (World = 100, 2021) | Screening context only |
| Reference construction PLI P | User-supplied from the same ICP classification/year | Must match reference rate country |
| Validated reference rate R | User-supplied | Named source, currency, date, area and scope |
| Local Tsing Yi Town adjustment | Not asserted | Replace with current local comparable evidence |
| Result status | Screening normalization | Not a budget, quote or tender estimate |
Where can you explore related guidance?
- Explore all construction costs guidance
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- Retail Construction Cost Planning: Tsing Yi Town, Hong Kong SAR, China
- House Construction Cost Planning: Tsuen Wan, Hong Kong SAR, China
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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 1818483). The PLI is not a city cost/m² rate, current escalation series or tender estimate.
Source links
Frequently asked questions
Does the 141.8 index give a house cost per m² for Tsing Yi 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 Tsing Yi Town HKD/m² rate, escalation index, quote or tender estimate.
How should a Tsing Yi Town house estimate replace this screening benchmark?
Collect current Tsing Yi 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.
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