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: Beel & Achtergael Architecten
Location: Brugge, Belgium
Architect In Charge: Beel & Achtergael Architecten
Design Team: Lieven Achtergael, Isabelle Dierickx, Pietter Lansens, Tom Mockett, Jeffrey Berghman, Rein Bultynck, Sofie Philips, Kris Broidioi, Steve Salembier, Vincent De Keyser, Ida Lievens
Area: 11,500 sqm
Photographs: Filip Dujardin