HKU study reveals generally long delays in Comprehensive Development Area projects
02 Jun 2016
A study by the Department of Real Estates and Construction at the HKU reveals that in the 25 years period between 1990 and 2014, only about 45% of the proposed residential projects within Comprehensive Development Area (CDA) zones actually produced built units. Delays in the development process of CDA projects have withheld from the market about half of the private residential units originally planned.