Developers in Hong Kong have built more micro-flats – 215 sq ft or below – in the past four years than any other sized homes, according to official figures, and the trend is likely to continue.
The number of private flats under 215 sq ft catapulted from 81 in 2013 to 206 last year, according to the Rating and Valuation Department – an increase of 154 per cent. No flats of that size were built in 2012.
Hong Kong’s February home price index rises to record
The…
Source : South China Morning Post
Read more…Rise of the 215 sq ft home as Hong Kong price boom squeezes buyers
