RICS launches annual salary & benefits survey

Questionnaires are being sent to participants of the survey today, the feedback of the survey will be undertaken by an independent research company, who, through exhaustive comparison and analysis procedures will summarize current data and also predict future trends. Deadline of the survey submission is 15 October, 2007. Results of the survey will be announced to the public in November 2007.

Survey results of 2006 showed that average salaries in China's property industry grew by 13.8 per cent while those in Hong Kong, United Kingdom and Middle East only grew by 6.3 per cent, 5.2 per cent, and 7.9 per cent respectively. Based on this growth rate, average salaries in China may override those in Hong Kong by 2007.