Page 5 - PowerPoint Presentation
P. 5
A broad-based miss in 2019 completions
Behind the miss in 2019 housing completion:
Negative Domino effect on supply during 2020 - 2024
Industry-wide slowdown
Delayed completions have been observed in both large
and small projects, suggesting a general construction
slowdown in the industry
Examples of delay
Mount Regency: 1,017 units
63 Pokfulam: 350 units
Project delays may become more common
if construction activities show no signs of
L’Aquatique: 198 units picking up
Sources: Company data from various developers, and Our Hong Kong Foundation. 5
