Height and construction costs of buildings in Hong Kong

Picken, D H and Ilozor, B D (2003) Height and construction costs of buildings in Hong Kong. Construction Management and Economics, 21(2), pp. 107-111. ISSN 01446193

Abstract

The majority of buildings in Hong Kong come into the multi-storey category. The conventional wisdom of construction economics suggests that the cost of construction per square metre increases as buildings become higher. This paper summarizes earlier research on the subject and adopts a descriptive approach to present investigations into the cost-height relationship of buildings constructed in Hong Kong. Initial findings seem to suggest a different situation in Hong Kong - arguably the epitome of a 'tall' built environment. Possibly, there are factors concerning the design economics of tall buildings that are specific to those urban locations where they are more common. This point would suggest that a different set of criteria should be applied in the judgement of how height affects cost depending on the context and commonality of tall buildings in the location under consideration.

Item Type: Article
Uncontrolled Keywords: building; economics; height-cost; location
Index terms: design economics, construction economics, tall building, investigation, built environment, construction cost, Hong Kong
Subjects: financial analysis, infrastructure and transport systems, Geography, financial and cost management, design theory, construction type, data collection methods
Topics: Cost Management, Engineering Principles, Geographical Context, Research Practice, Construction Technology, Urban Studies
Descriptive scope: 4 PCTA

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here