One developer says there appears to be a “gross oversupply” of subdivisions planned around and near Havelock North, which are outstripping demand and could negatively impact ratepayers. Photo / HDCHowever, another developer says Havelock North is a prime location, and sales are tracking well considering the “tight market”. New roads and dozens of sections have been completed so far, off Brookvale Rd (near Romanes Drive), and some homes built to date. However, he said, in his opinion, there was a “gross oversupply” of subdivision projects planned around and near Havelock North. CDL Land is also behind the Iona subdivision (for over 300 residential lots) in the southern part of Havelock North.

Source: Stuff January 02, 2026 17:06 UTC