EC Harris’ 2013 International Construction Costs Report has named Hong Kong as the most expensive city in the world to build in. The annual study, which benchmarks building costs in 47 countries across the globe, found that relative construction costs have been affected by substantial fluctuations in currency throughout the year. Despite a stagnant economy, Europe has six of the top ten most expensive markets in this year’s report, reflecting the competitive challenge faced by the Eurozone.
The top ten most expensive countries to build in are:
Architects: Donaldson + Warn
Location: Kings Park, Australia
Project Director: Geoff Warn
Project Leader: Daniel Grinceri, Steven Postmus
Project Architect: Daniel Grinceri
Interior Architects/Designer: Jennifer Vos
Architectural Graduate: Talya Mossenson, Dean Ismail, Adam Reynolds
Assistants: Robert Hutchinson
Area: 7500.0 sqm
Photographs: D-Max Photography, Robert Frith
Team UOW from the University of Wollongong in Australia has been awarded first place at the 2013 Solar Decathlon China, taking top honors for its net-zero, water-conserving design. Selected from 22 teams and 35 universities, Team UOW’s winning entry – the Illawarra Flame House – was the first retrofitted house ever to be submitted in decathlon history.