Hong Kong housing authorities have revealed that the now-suspended plan to build 8,300 public flats in a northern town will face higher costs of up to 90 per cent for each home and require an extra 10 months to complete if it were to press ahead.
The Housing Bureau said on Monday that the postponement was prompted by its ground investigation that the site had “complex geology with a deep bedrock layer”.
“The authority stresses that it has not abandoned the project,” the bureau said.
It added…
