Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks.

Hong Kong: Five Largest Construction Projects Started in Q1 2022

  • With a project value of $2,600 million, the MTR – Lohas Park Residential Development Phase XIII – Hong Kong project was the largest construction project in Hong Kong, on which construction started in Q1 2022. The MTR – Lohas Park Residential Development Phase XIII – Hong Kong project is located in Sai Kung(CITY), Hong Kong and initially announced in Q3 2020 with an estimated completion in Q4 2026. The HKSAR GoV – Lok Ma Chau Emergency Hospital Development – Hong Kong project was the second-largest project with a project value of $1,760 million, on which construction work started in Q1 2022. The HKSAR GoV – Lok Ma Chau Emergency Hospital Development – Hong Kong project is located in Hong Kong and initially announced in Q4 2021 with an estimated completion in Q4 2023.

  • The UKHL – New Kowloon Inland Lot No 6554 Elderly Residential Care Facility – Hong Kong project was the third-largest project, the ISL – New Kowloon Inland Residential Development – Hong Kong was the fourth-largest project, and the URA/HKF – New Kowloon Inland Lot No. 6559 Residential Development – Hong Kong was the fifth-largest project with a project value of $1,586 million, $1,229 million and $267 million respectively. The UKHL – New Kowloon Inland Lot No 6554 Elderly Residential Care Facility – Hong Kong project located in Kowloon, Hong Kong was announced in Q1 2019 with an estimated completion in Q3 2024, the ISL – New Kowloon Inland Residential Development – Hong Kong project located in Hong Kong was announced in Q1 2019 with an estimated completion in Q2 2024 and the URA/HKF – New Kowloon Inland Lot No. 6559 Residential Development – Hong Kong project located in Kowloon, Hong Kong was announced in Q2 2018 with an estimated completion in Q2 2023.

  • Among the five largest projects, the MTR – Lohas Park Residential Development Phase XIII – Hong Kong project is the longest in terms of completion date, with construction expected to be completed in Q4 2026. On the other hand, the URA/HKF – New Kowloon Inland Lot No. 6559 Residential Development – Hong Kong project is the shortest in terms of completion date, with construction expected to be completed in Q2 2023.

Hong Kong: Five Largest Construction Projects Started in Q1 2022

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
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