Retail Construction Cost Planning: Mei Foo Sun Chuen, Hong Kong SAR, China

Mei Foo Sun Chuen retail 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 12719566). The PLI is not a city cost/m² rate, current escalation series or tender estimate.

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Direct answer

For early retail construction cost planning in Mei Foo Sun Chuen, 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 Mei Foo Sun Chuen 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 Mei Foo Sun Chuen market basket or current retail tenders. GeoNames 12719566 records the locality at 22.3364, 114.1402, with snapshot population 37,299. That ranks Mei Foo Sun Chuen 45 of 50 listed places, while Mei Foo is the nearest listed peer at about 0 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 retail work in Mei Foo Sun Chuen costs 1.418 times a current world rate.

Which Mei Foo Sun Chuen inputs are known?

The reproducible locality point is 22.3364, 114.1402 (GeoNames 12719566). Its snapshot population is 37,299, ranked 45 of 50 listed places; GeoNames classifies it as a populated place in administrative area KSS. These facts shape the local comparable search, not the price.

What must a project estimate add?

For a Mei Foo Sun Chuen retail project, reconcile shell condition, tenant fit-out, servicing, trading constraints and landlord works. 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

Mei Foo Sun Chuen 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 Mei Foo Sun Chuen	Snapshot population	Admin area
Mei Foo	0	45,990	KSS
Nam Cheong	2	74,780	KSS
Sham Shui Po	2	431,090	KSS
Kwai Chung	4	331,600	NKT
Mong Kok	4	62,967	KYT
Tsz Wan Shan	6	37,242	KWT
Kennedy Town	6	38,000	HCW
Hang Hau	14	36,529	NSK

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 Mei Foo Sun Chuen adjustment	Not asserted	Replace with current local comparable evidence
Result status	Screening normalization	Not 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 12719566). The PLI is not a city cost/m² rate, current escalation series or tender estimate.

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Frequently asked questions

Does the 141.8 index give a retail cost per m² for Mei Foo Sun Chuen?

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 Mei Foo Sun Chuen HKD/m² rate, escalation index, quote or tender estimate.

How should a Mei Foo Sun Chuen retail estimate replace this screening benchmark?

Collect current Mei Foo Sun Chuen comparables on a consistent gross-floor-area basis, reconcile shell condition, tenant fit-out, servicing, trading constraints and landlord works, 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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