Tags : Engineering

Will Construction Cost drop for resorts in Japan? Case from Okinawa

2020年7月4日 Resort & Okinawa

  Question: Now the construction cost in Okinawa has still been high? Answer: Declining, in Q3 or Q4 20-30% reduction would be evidenced.   Back ground: in Okinawa, the construction cost surge appeared before COVID The below figures are based on my perceived prices for high end hotels. Quoted as 000 JPY/ tsubo. In 2017, …