Property News · August 29, 2017

Hong Kong’s tiny flats 9pc pricier than larger homes per sq ft


Hong Kong’s second-hand tiny flats are 9 per cent more expensive than larger ones on a per square foot basis, as record-high home prices and government cooling measures have created a mismatch between supply and demand.
The average per square foot price of second-hand flats smaller than 400 square feet (37 square metres) transacted this year hit HK$13,836 (US$1,768) in 50 major housing estates, 9.3 per cent higher than the HK$12,654 of larger homes, data from the Land Registry compiled by…

Source : South China Morning Post
Read more…Hong Kong’s tiny flats 9pc pricier than larger homes per sq ft

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