Construction cost data

China construction cost data.

9 Chinese cities average around $2,970/m², but the range is unusually wide for a single country — roughly $1,800/m² to $6,500/m² — reflecting the gap between tier-2/3 cities and the most expensive coastal metros.

In short

Across 9 cities, total build cost averages $2972/m² of gross floor area, ranging from $1074/m² to $9137/m². Figures are US$ per m² of gross floor area (2026-indexed).

Cost by category.

Min, average and max across 9 China cities.

Category Min (USD/m²) Avg (USD/m²) Max (USD/m²)
Land acquisition $471 $1565 $5148
Planning $31 $144 $515
Professional fees $47 $97 $257
Site preparation $8 $24 $77
Materials $314 $657 $1750
Labour $125 $267 $721
Project management $31 $97 $309
Utility connections $16 $37 $103
External works $31 $85 $257
Total build cost $1074 $2972 $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 China.

City Country Min (USD/m²) Avg (USD/m²) Max (USD/m²)
Beijing China $1225 $2224 $3222
Chengdu China $1134 $1887 $2640
Guangzhou China $1164 $1929 $2694
Hangzhou China $1225 $2013 $2801
Hong Kong China $3879 $6508 $9137
Macau China $3583 $6307 $9030
Shanghai China $1225 $2118 $3011
Shenzhen China $1225 $1960 $2694
Wuhan China $1074 $1805 $2535

Need numbers for your actual project?

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Frequently asked questions.

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$2,972/m² of gross floor area, based on 9 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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