Is Hong Kong any closer to plugging land supply shortfall even with policy address proposals?

Most of the land earmarked to plug a shortfall of 3,000 hectares in space-starved Hong Kong over the next 30 years is unlikely to be available for at least a decade, with projects facing hurdles such as financing uncertainties and potential local objections.Chief Executive Carrie Lam Cheng Yuet-ngor highlighted several major projects in her policy address on Wednesday but most are still being studied and do not have a timeline for completion.She also revealed that Hong Kong faced a shortfall of…

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