Hong Kong has a managed shortage of flats enabling high land sales tax. But why does the Government insist on restricting the building of mid size (800-1200sqft) and above flats?
There is a huge premium to pay for a mid size flat and an even bigger premium for a large flat (1200-1600).
Why not let the developers build what they want and allow decent size flats to be in the financial range of HK's beleaguered middle class