Repeated Planning Applications by Developers under Statutory Zoning: A Hong Kong Case Study of Delays and Design Improvements in Private Residential Development

Land Use Policy, Vol. 57, pp. 709-718, 2016

29 Pages Posted: 17 Aug 2016

See all articles by Lawrence Wai-Chung Lai

Lawrence Wai-Chung Lai

The University of Hong Kong - Department of Real Estate and Construction

Daniel C. W. Ho

Prof

K.W. Chau

The University of Hong Kong - Ronald Coase Centre for Property Rights Research - Economics

Mark Chua

The University of Hong Kong

Date Written: June 1, 2016

Abstract

Delays in obtaining development approvals have been advanced as a major reason for shortages if not also increase in cost of housing. This paper is the first systematic attempt to examine whether the apparently long period of time taken to obtaining statutory planning permissions by developers for major development projects under Comprehensive Development Area (CDA) zoning is due to Town Planning Board rejections or developers’ strategy to hoard land or improve building design. Publicly available Town Planning Board data obtained from the Planning Department, property transaction records kept by the Land Registry, property market statistics released by the Rating and Valuation Department and macro-economic data from the Census and Statistics Department are used to find out the number of planning applications and time taken for a real estate project in a CDA zone involving residential components to start construction from the date of the first valid planning application as the means to ascertain if any delay in development was due to business innovation in building design to cater to sustainable development; or strategic behaviour to hoard land.

Keywords: Zoning, Delay in Development, Housing Supply, Hoarding, Innovations

JEL Classification: D02, D42, D78, H83, L51, R31, R38, R52

Suggested Citation

Lai, Lawrence W. C. and Ho, Daniel C. W. and Chau, Kwong Wing and Chua, Mark, Repeated Planning Applications by Developers under Statutory Zoning: A Hong Kong Case Study of Delays and Design Improvements in Private Residential Development (June 1, 2016). Land Use Policy, Vol. 57, pp. 709-718, 2016, Available at SSRN: https://ssrn.com/abstract=2807501

Lawrence W. C. Lai

The University of Hong Kong - Department of Real Estate and Construction ( email )

Hong Kong
China
(852) 259 7988 (Phone)
(852) 2559 9457 (Fax)

Daniel C. W. Ho

Prof ( email )

Hong Kong
China

Kwong Wing Chau (Contact Author)

The University of Hong Kong - Ronald Coase Centre for Property Rights Research - Economics ( email )

Ronald Coase Centre for Property Rights Research
Pokfulam Road
Hong Kong
Hong Kong
(852)28592128 (Phone)
(852)25599457 (Fax)

Mark Chua

The University of Hong Kong ( email )

Pokfulam Road
Hong Kong, Pokfulam HK
China

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