{"id":38863,"date":"2016-12-22T15:21:42","date_gmt":"2016-12-22T08:21:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homes-shrink-as-prices-soar-and-affordability-goes-out-the-window\/"},"modified":"2016-12-22T15:25:16","modified_gmt":"2016-12-22T08:25:16","slug":"hong-kong-homes-shrink-as-prices-soar-and-affordability-goes-out-the-window","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homes-shrink-as-prices-soar-and-affordability-goes-out-the-window\/","title":{"rendered":"Hong Kong homes shrink as prices soar, and affordability goes out the window"},"content":{"rendered":"


\nWhat does it feel like to live in 50 square feet, less than half the space of a parking lot?
\nThat will be on offer at Chun Wo Property Development TPlus apartments in Tuen Mun, which will set the Hong Kong record — and quite possibly a world first– for Lilliputian-size apartments when they are completed in September 2018.
\nSizes start from 128 sq ft in the 356-unit complex. After deducting the space set aside for a balcony, a toilet and an open kitchen, the owner will be left with 50 sq ft of…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong homes shrink as prices soar, and affordability goes out the window<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

What does it feel like to live in 50 square feet, less than half the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-38863","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-a6P","jetpack-related-posts":[{"id":99970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinachem-prices-new-apartments-in-new-territories-at-12-per-cent-below-older-property\/","url_meta":{"origin":38863,"position":0},"title":"Hong Kong developer Chinachem prices new apartments in New Territories at 12 per cent below older property","date":"October 17, 2018","format":false,"excerpt":"\r Hong Kong developer Chinachem Group on Tuesday priced a first batch of units at its Sol City project in the New Territories at up to 12 per cent lower than lived-in homes in the area. The 144 apartments start at HK$13,389 (US$1,708) per square foot. The units, ranging from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-mania-inflates-prices-of-even-the-tiniest-flats-putting-affordability-beyond-reach-for-most-first-time-buyers\/","url_meta":{"origin":38863,"position":1},"title":"Hong Kong\u2019s property mania inflates prices of even the tiniest flats, putting affordability beyond reach for most first-time buyers","date":"October 19, 2021","format":false,"excerpt":"\r A real estate bull market in Hong Kong, the world\u2019s most expensive major city for 10 consecutive years until 2019, has trickled over to inflate the prices of even the smallest habitable homes.The average cost of new micro-apartments, or flats smaller than 200 square feet (18.6 square metres), rose\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61486,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-peek-into-6-of-the-smallest-apartments-in-hong-kong\/","url_meta":{"origin":38863,"position":2},"title":"A peek into 6 of the smallest apartments in Hong Kong","date":"July 22, 2017","format":false,"excerpt":"\r Hong Kong\u2019s residents, already accustomed to expensive, crowded spaces, learnt a new term in 2016 - the nano flat, apartments that measure less than 200 sq ft (18.5 square meters), including a bathroom. What\u2019s it like to live in a space that\u2019s smaller than a standard car park space?\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96998,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-swire-properties-withdraws-luxury-apartments-from-market-amid-souring-sentiment\/","url_meta":{"origin":38863,"position":3},"title":"Hong Kong developer Swire Properties withdraws luxury apartments from market amid souring sentiment","date":"August 31, 2018","format":false,"excerpt":"\r Hong Kong developer Swire Properties withdrew a luxury serviced apartment development in Quarry Bay from the market on Thursday amid souring sentiment. The developer said it had reviewed plans for Taikoo Place Apartments, which comprises 111 units ranging from 340 sq ft to 1,140 sq ft in area, and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122091,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-firms-likely-to-need-another-4-million-sq-ft-in-office-space-in-hong-kong-colliers-says\/","url_meta":{"origin":38863,"position":4},"title":"Mainland Chinese firms likely to need another 4 million sq ft in office space in Hong Kong, Colliers says","date":"September 20, 2021","format":false,"excerpt":"\r Mainland Chinese companies are likely to require an additional 4 million sq ft of office space in Hong Kong by 2025, according to Colliers.Estimates based on a report published by the property consultancy on Monday suggest that these companies will occupy 18.06 million sq ft in Hong Kong in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50578,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-of-the-215-sq-ft-home-as-hong-kong-price-boom-squeezes-buyers\/","url_meta":{"origin":38863,"position":5},"title":"Rise of the 215 sq ft home as Hong Kong price boom squeezes buyers","date":"March 31, 2017","format":false,"excerpt":"\r Developers in Hong Kong have built more micro-flats \u2013 215 sq ft or below \u2013 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/38863"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=38863"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/38863\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=38863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=38863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=38863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}