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What Flat Can You Buy with HK$4 Millions in the World?

  • By
  • Asif Ghafoor
  • 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

PriceHK$4 millions (US$515,000)
TypeHouse
LocationCalifornia
Bedrooms4
Bathrooms2
Area177 Sqm (1,905 SqFt)
Price per SqFtHK$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

PriceHK$4 millions (GBP$413,000)
TypeDetached House
LocationLondon
Bedrooms4
Reception rooms2
Area195 Sqm (2,100 SqFt)
Price per SqFtHK$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

PriceHK$3,820,000 (JPY¥54,800,000)
TypeMansion
LocationTokyo
Bedrooms1
Reception rooms1
Area63.78 Sqm (687 SqFt)
Price per SqFtHK$5,560

 

(4) The Netherlands
HKD $4 millions (around EUR €476,000) in the Netherlands can bring you:

A house in Amsterdam

PriceHK$3,990,000 (EUR € 475,000)
TypeHouse
LocationAmsterdam
Bedrooms5
Bathrooms1 (2 separate toilets)
Area128 Sqm (1,378 SqFt)
Price per SqFtHK$2,896
source: funda
source: funda

(5) Italy
HKD $4 millions (around EUR€476,000) in Italy can bring you:

A villa in Rome

PriceHK$3,990,000 (EUR € 475,000)
TypeVilla
LocationRome
Bedrooms>5
Bathrooms2
Area160 Sqm (1,722 SqFt)
Price per SqFtHK$2,317