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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.

Screen Shot 2017-03-20 at 12.47.03 am
Source: HKRVD

So in Hong Kong, if you have HK$4 millions, these are what you can have. 
Screen Shot 2017-03-20 at 12.45.33 am

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
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
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
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

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