🇭🇰 Hong Kong · Construction cost guide · Updated 2026

How much does it cost to build a 2-bedroom house in Hong Kong?

Building a 2-bedroom house in Hong Kong typically costs $148,680 to $276,120 in construction cost — roughly $1,652–$3,068 per square metre over 90 m² of floor area. That excludes land, professional fees and statutory charges.

Hong Kong is one of the most expensive places in the world to build — it ranks 8 of 200 countries on our construction cost index, at about 118% of United States build costs. This page prices a 2-bedroom house — single-storey, two bedrooms, one bathroom, open-plan living and kitchen, pitched roof — at 90 m² of gross floor area, then breaks the cost down element by element so you can see where the money actually goes. Costs are quoted in USD for comparability; the local currency in Hong Kong is HKD (HK$), and a bill of quantities generated from your own drawings is priced in HKD using the HKSMM4 standard.

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Total construction cost
$148,680 – $276,120
Cost per m²
$1,652 – $3,068
Gross floor area
90 m² · 1 storey

What is being priced

The figures on this page price a 2-bedroom house in Hong Kong at 90 m² of gross floor area over 1 storey, specified as single-storey, two bedrooms, one bathroom, open-plan living and kitchen, pitched roof. Construction cost only — land, professional fees, statutory charges, utility connections and loose furniture are all excluded, and together commonly add another 15–30%.

Cost by specification level

SpecificationConstruction cost (USD)
Basic / low-cost finish$107,050$198,806
Standard finish$148,680$276,120
Premium finish$215,586$400,374
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Where the money goes

Elemental split of construction cost for a 2-bedroom house of this type. Percentages are concept-stage cost-planning proportions; the ranges below apply them to the totals above.

ElementShareCost (USD)
Substructure & foundations
Excavation, strip footings, hardcore, blinding, DPC and ground slab.
15%$22,302$41,418
Walling & superstructure
Masonry, lintels, ring beam and any suspended floor.
22%$32,710$60,746
Roofing
Trusses or rafters, covering, ceilings, fascia and rainwater goods.
14%$20,815$38,657
Internal finishes
Plaster, screed, floor and wall tiling, ceilings and painting.
18%$26,762$49,702
Joinery & fittings
Doors, windows, cupboards, worktops and ironmongery.
9%$13,381$24,851
Services (plumbing & electrical)
Wiring, distribution board, fittings, water reticulation, sanitaryware and drainage.
14%$20,815$38,657
External works & preliminaries
Site setup, supervision, paths, boundary works and connections.
8%$11,894$22,090

Get the real number for your own plans

A benchmark tells you the ballpark. Upload your dimensioned drawings and get an itemised, source-cited bill of quantities priced in HKD (HK$), measured to the HKSMM4 standard Hong Kong professionals use.

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Building 2-bedroom houses in Hong Kong — frequently asked

How much does it cost to build a 2-bedroom house in Hong Kong?

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Building a 2-bedroom house in Hong Kong typically costs $148,680 to $276,120 in construction cost — roughly $1,652–$3,068 per square metre over 90 m² of floor area. That excludes land, professional fees and statutory charges. At a basic specification the same building lands nearer $107,050–$198,806; at a premium specification, $215,586–$400,374.

What is the cost per square metre in Hong Kong?

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About $1,652–$3,068 per m² for this building type at a standard finish. Per-m² rates rise with storey height (frame, cores and cranage) and with specification, and fall on simple single-storey plans.

What is the biggest cost item?

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Walling & superstructure — about 22% of construction cost, or $32,710–$60,746 on this build. Masonry, lintels, ring beam and any suspended floor.

Does this include land, fees and furniture?

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No. These are construction costs only — materials, labour, plant and site preliminaries. Land, statutory approvals, professional fees, connections, landscaping and loose furniture are all additional, and together commonly add 15–30% on top.

How do I get an accurate figure for my own plans in Hong Kong?

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Benchmarks give you the ballpark; a measured bill of quantities gives you the number. Upload your dimensioned floor plans to Enormous Buildings and get an itemised, source-cited BoQ in HKD in the HKSMM4 format that Hong Kong quantity surveyors and lenders expect — free to preview.

Why do build costs vary so much between countries?

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Three things dominate: labour cost, how much of the material basket is imported, and the code requirements the building must satisfy. Hong Kong sits at index 118 against the United States at 100, which is why the figures above differ from what you'd see quoted for the same building elsewhere.

Other build costs in Hong Kong

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