Hong Kong As It Is

How crazy is HK’s property market?

Look no further than this: an apartment that is 17 square metre (182 square feet) was recently sold for over HK$4M (US$0.5M). Yet, they seem to be popular – people are willing to pay a very high price for a higher-end “partition room”. The reason is simple. The price tag of HK$4M itself, despite the inhuman small size of the apartment, is rare in the market. Normal price tag is much higher than this.

To put it plainly, Hong Kongers pay HK$4M to live in a hole.      

By Anna

With a wanderlust and lusts of other sorts, I look to sth new, sth different, sth fulfilling, and find myself on a journey...

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