Construction cost data

Asia construction cost data.

Asia covers 25 cities in this dataset, averaging around $3,000/m² but with the widest range of any region — from roughly $1,000/m² to $6,500/m², reflecting the gap between lower-cost South and Southeast Asian markets and expensive East Asian and Gulf-adjacent cities. Land acquisition and materials are again the two categories that move the most between them.

In short

Across 25 cities, total build cost averages $2962/m² of gross floor area, ranging from $0/m² to $9137/m². Figures are US$ per m² of gross floor area (2026-indexed).

Cost by category.

Min, average and max across 25 Asia cities.

Category Min (USD/m²) Avg (USD/m²) Max (USD/m²)
Land acquisition $0 $1562 $5148
Planning $0 $144 $515
Professional fees $0 $97 $257
Site preparation $0 $24 $77
Materials $0 $652 $1750
Labour $0 $266 $721
Project management $0 $96 $309
Utility connections $0 $36 $103
External works $0 $84 $257
Total build cost $0 $2962 $9137
About this data

Housing_data dataset: 100 cities across 47 countries, new-build residential construction cost per square metre of gross floor area, indexed to 2026 pricing. Nine cost categories — land acquisition, planning, professional fees, site preparation, materials, labour, project management, utility connections, external works — plus a total build-cost range. Figures are indicative benchmarks for early appraisal, not a quotation for any specific project. Last reviewed 30 Jul 2026. These are indicative benchmarks for early appraisal, not a quotation for any specific project.

Cities in Asia.

City Country Min (USD/m²) Avg (USD/m²) Max (USD/m²)
Abu Dhabi UAE $2475 $4196 $5917
Bangkok Thailand $1225 $1986 $2746
Beijing China $1225 $2224 $3222
Bengaluru India $0 $1004 $2008
Chengdu China $1134 $1887 $2640
Delhi India $865 $1462 $2059
Doha Qatar $2000 $3667 $5334
Dubai UAE $2389 $4178 $5967
Guangzhou China $1164 $1929 $2694
Hangzhou China $1225 $2013 $2801
Ho Chi Minh Vietnam $1047 $1712 $2376
Hong Kong China $3879 $6508 $9137
Istanbul Turkey $1372 $2323 $3274
Jakarta Indonesia $1103 $1819 $2535
Kuala Lumpur Malaysia $895 $1557 $2218
Macau China $3583 $6307 $9030
Manila Philippines $1254 $2503 $3751
Mumbai India $985 $1550 $2114
Riyadh Saudi Arabia $2896 $4803 $6709
Seoul South Korea $2267 $4198 $6128
Shanghai China $1225 $2118 $3011
Shenzhen China $1225 $1960 $2694
Singapore Singapore $2566 $4585 $6603
Tokyo Japan $3313 $5750 $8187
Wuhan China $1074 $1805 $2535

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Frequently asked questions.

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$2,962/m² of gross floor area, based on 25 cities in this dataset (indexed to 2026 pricing).

Nine categories: land acquisition, planning, professional fees, site preparation, materials, labour, project management, utility connections and external works, plus a total build-cost range. All figures are in US$ per square metre of gross floor area.

No. These are indicative benchmarks for early-stage appraisal, not a quotation for any specific project. Actual costs depend on site conditions, specification, procurement route and local market conditions at the time of tender.

All figures are indexed to 2026 pricing. They are not automatically inflation-adjusted to the current year.

Each figure is a build cost divided by the gross floor area of the project it was recorded against, giving a per-square-metre rate that scales to a total by multiplying by your own project's floor area.

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