Tag Archives: ICMS

Most expensive places to build: Tokyo tops list in new report

Turner & Townsend released its 2021 International Construction Market Survey (ICMS), where Tokyo topped the list of most expensive places to build for the first time, followed by Hong Kong in second place.

This major data-led study of construction costs in 90 global markets found U.S. cities high among global rankings, with San Francisco as the third most expensive city to build anywhere in the world (at an average cost of $3720 per … Continue reading Most expensive places to build: Tokyo tops list in new report

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