vi-va
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"create more lands when reclaiming the seas" ?HK is too small in size with dense population. Vietnam is larger. There will be no price explosion. Besides we will create more lands when reclaiming the seas. Not to forget we can move parts of population to a future indochinese Union.
Not possible, environmental problems, cost, etc. it will only create land for people like 1-2 millions, but not for tens of millions.
the price of land has less to do with how much land you have, it's more like city management, and bureaucracy.
China face similar issues, hard to resolve.