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What Flat Can You Buy with HK$4 Millions in the World?
Overseas Property | April 3, 2017
It is well known that property prices in Hong Kong are really high! The price that can only bring you a tiny flat in Hong Kong may actually offers you a large and furnished house overseas. So how high is Hong Kong property price actually is? Want to have a clearer picture about it? Here are some comparisons.
Source: HKRVD
So in Hong Kong, if you have HK$4 millions, these are what you can have.
Let us now see what we can have with HK$4 millions in other countries!
(1) The U.S.
The median sales price of new homes sold in the U.S. rose by 1% during the year to May 2016, to US$290,400, according to the U.S. Census Bureau. HK$4 millions (around US$515,000) in the U.S. can bring you:
A house in California
| Price | HK$4 millions (US$515,000) |
|---|---|
| Type | House |
| Location | California |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Area | 177 Sqm (1,905 SqFt) |
| Price per SqFt | HK$2,100 |
source: rightmove
(2) The U.K.
According to The Guardian, the U.K. property price growth has hit the 14-month low. HK$4 millions (around GBP $413,009) in the U.K. can bring you:
A detached house in London
| Price | HK$4 millions (GBP$413,000) |
|---|---|
| Type | Detached House |
| Location | London |
| Bedrooms | 4 |
| Reception rooms | 2 |
| Area | 195 Sqm (2,100 SqFt) |
| Price per SqFt | HK$1,900 |
source: zoopla
(3) Japan
HK$4 millions (around JPY¥57,320,000) in Japan can bring you:
An apartment in Tokyo
| Price | HK$3,820,000 (JPY¥54,800,000) |
|---|---|
| Type | Mansion |
| Location | Tokyo |
| Bedrooms | 1 |
| Reception rooms | 1 |
| Area | 63.78 Sqm (687 SqFt) |
| Price per SqFt | HK$5,560 |
(4) The Netherlands
HKD $4 millions (around EUR €476,000) in the Netherlands can bring you:
A house in Amsterdam
| Price | HK$3,990,000 (EUR € 475,000) |
|---|---|
| Type | House |
| Location | Amsterdam |
| Bedrooms | 5 |
| Bathrooms | 1 (2 separate toilets) |
| Area | 128 Sqm (1,378 SqFt) |
| Price per SqFt | HK$2,896 |
source: funda
(5) Italy
HKD $4 millions (around EUR€476,000) in Italy can bring you:
A villa in Rome
| Price | HK$3,990,000 (EUR € 475,000) |
|---|---|
| Type | Villa |
| Location | Rome |
| Bedrooms | >5 |
| Bathrooms | 2 |
| Area | 160 Sqm (1,722 SqFt) |
| Price per SqFt | HK$2,317 |
