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How does Kāinga Ora calculate its 'redevelopment cost per unit' and what associated costs, if any, are excluded from that calculation?

Answered Question 648 (2026)
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Asked by

Kieran McAnulty

List MP · Labour Party

Question

  • How does Kāinga Ora calculate its 'redevelopment cost per unit' and what associated costs, if any, are excluded from that calculation?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Housing

Answer

Kāinga Ora – Homes and Communities advises me that it determines its average unit costs by dividing the total redevelopment capital expenditure by the number of units completed. This total spend includes professional fees, council charges, and civil and construction costs.