Comment by hnfong

Developing in Hong Kong has been much harder and expensive than before. The high speed rail that connected Hong Kong to the mainland system was (IIRC) the most expensive rail project per kilometer. (They did it anyway since it was a national objective from the central authorities.) And, given the recent tragic fire in Tai Po, there has been a lot more worry about people not being able to afford to renew aging infrastructure (as in residential buildings).