Construction Costs
Office Construction Cost Planning: Kennedy Town, Hong Kong SAR, China
Kennedy Town office 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 1819638). The PLI is not a city cost/m² rate, current escalation series or tender estimate.
Direct answer
For early office 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 office 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 office 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 office project, reconcile workplace fit-out grade, services density, floorplate efficiency and vertical transport. 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 |
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 place | Great-circle km from Kennedy Town | Snapshot population | Admin area |
|---|---|---|---|
| Pok Fu Lam | 2 | 77,100 | HSO |
| Victoria | 2 | 956,800 | HCW |
| Wan Chai | 4 | 166,695 | HWC |
| Aberdeen | 5 | 157,400 | HSO |
| Hong Kong | 5 | 7,396,076 | not stated |
| Choi Wan | 10 | 38,405 | KWT |
| Mei Foo Sun Chuen | 6 | 37,299 | KSS |
| Tsz Wan Shan | 11 | 37,242 | KWT |
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 Kennedy 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
- House Construction Cost Planning: Kennedy Town, Hong Kong SAR, China
- School Construction Cost Planning: Kennedy Town, Hong Kong SAR, China
- Retail Construction Cost Planning: Kennedy Town, Hong Kong SAR, China
- Office Construction Cost Planning: Pok Fu Lam, Hong Kong SAR, China
- All construction costs guidance for Hong Kong
- Daylight & Orientation: Kennedy Town, Hong Kong
- Solar Altitude & Azimuth: Kennedy Town, Hong Kong
- Solar Shading Design: Kennedy Town, Hong Kong
- Sun Path: Kennedy Town, Hong Kong
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.
Source links
Frequently asked questions
Does the 141.8 index give a office 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 office estimate replace this screening benchmark?
Collect current Kennedy Town comparables on a consistent gross-floor-area basis, reconcile workplace fit-out grade, services density, floorplate efficiency and vertical transport, 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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