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Our observations so far observations so far
                    Our


                    (Figure 17) Our observations for private housing supply



                           01                The housing supply cliff already came
                                             Future housing completion is expected to remain low




                           02                Call for expediting all current land supply initiatives
                                             Accelerating present initiatives on land and housing development and
                                             improving relevant procedures are key to alleviating housing shortage



                           03                Excessive regulatory processes could be costly
                                             Academic research suggests that regulatory requirements are like
                                             tax to the citizens as it slows development



                                                                                     We need to cut the red tape along the
                                                                                     land and housing development process!

















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