News | Business
8 Feb 2025 10:44
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    A construction analyst claims Kainga Ora paid three times the market price for a dozen Canterbury units

    A construction analyst claims Kainga Ora paid three times the market price for a dozen Canterbury units


    The Government's reviewing state housing stock - taking aim at its pricing.

    Its review has found Kainga Ora paid about 12-percent more for building houses, when compared to the market.

    Construction sector advisor Mike Blackburn says 12 units in Burnside were given the consented price of more than 8500 dollars per square metre last year.

    He says the median consented value in Canterbury is 2800 dollars a square metre.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     07 Feb: Food Safety New Zealand has given Chelsea Sugar a stark warning - for making and selling almost one-thousand tonnes of lead-contaminated sugar products
     07 Feb: Uncertainty as to whether youth unemployment will come down in the second half of the year
     07 Feb: How Trump's tariffs on China delivered a 'double-whammy' to Temu and Shein
     06 Feb: It's been a busy first half for one of the Wellington Phoenix's Japanese imports ... and the Video Assistant Referee ... in their A-League football home game against the Brisbane Roar
     06 Feb: Kiwifruit growers are hoping to make the most of a new variety
     06 Feb: KiwiRail and Fonterra are celebrating a full return of rail volume to Northland
     06 Feb: Mark Zuckerberg wants business to ‘man up’, but what it really needs is more women entrepreneurs
     Top Stories

    RUGBY RUGBY
    Defending champion Hamish Elliott has made a strong start to the Coast To Coast multisport event traversing the South Island More...


    BUSINESS BUSINESS
    A construction analyst claims Kainga Ora paid three times the market price for a dozen Canterbury units More...



     Today's News

    Entertainment:
    Khloe Kardashian "couldn't fix" some of the things in her marriage to Lamar Odom 10:34

    Cricket:
    Black Caps all-rounder Michael Bracewell has stressed the importance of the tri-series against Pakistan and South Africa ahead of the Champions Trophy in Pakistan 10:26

    International:
    Children once played by the ocean. Now Gaza's beaches are a 'sad' place 10:16

    Rugby:
    Defending champion Hamish Elliott has made a strong start to the Coast To Coast multisport event traversing the South Island 10:06

    Entertainment:
    Travis Kelce thinks Taylor Swift always looks "the flyest" at his games 10:04

    Entertainment:
    Kayla Nicole thinks her success is only ever "attributed" to those she has dated 9:34

    General:
    Defending men's champion Hamish Elliott is leading the men's race deep into the mountain run of the Coast-To-Coast multisport event 9:26

    Entertainment:
    Record producer Irv Gotti has died aged 54 9:04

    Rugby League:
    The Warriors are feeling a bit banged up following their first hit-out of the year - a 12-all draw in the NRL Pre-Season Challenge against the Cronulla Sharks in Sydney 8:46

    Soccer:
    Leicester City boss Ruud Van Nistelrooy is downplaying his strong affiliation with Manchester United as the FA Cup clash kicks off at Old Trafford 8:36


     News Search






    Power Search


    © 2025 New Zealand City Ltd