Kāinga Ora to Sell Tauranga Land at Potential Loss — What It Means for Housing in Aotearoa Kāinga Ora has confirmed it will sell a large parcel of land in Tauranga’s Tauriko West — a site it bought in 2021 for $70.4 million with plans for around 1,000 new homes. But with housing development plans now shelved and market conditions changing, the agency could sell the land at a loss. This decision raises serious questions about: 🔹 How land strategy and housing infrastructure are being balanced 🔹
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Kāinga Ora to Sell Tauranga Land at Potential Loss — What It Means for Housing in Aotearoa Kāinga Ora has confirmed it will sell a large parcel of land in Tauranga’s Tauriko West — a site it bought in 2021 for $70.4 million with plans for around 1,000 new homes. But with housing development plans now shelved and market conditions changing, the agency could sell the land at a loss. This decision raises serious questions about: 🔹 How land strategy and housing infrastructure are being balanced 🔹
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