{"id":4079,"date":"2017-04-03T12:34:41","date_gmt":"2017-04-03T04:34:41","guid":{"rendered":"https:\/\/www.spacious.hk\/en\/blog\/?p=4079"},"modified":"2023-11-03T16:08:43","modified_gmt":"2023-11-03T08:08:43","slug":"what-flat-can-you-buy-with-hk4-millions-in-the-world","status":"publish","type":"post","link":"https:\/\/www.spacious.hk\/en\/blog\/what-flat-can-you-buy-with-hk4-millions-in-the-world","title":{"rendered":"What Flat Can You Buy with HK$4 Millions in the World?"},"content":{"rendered":"<p>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.<\/p>\n<div id=\"attachment_4087\" style=\"width: 605px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.47.03-am.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-4087\" class=\"wp-image-4087 size-medium\" src=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.47.03-am-595x217.png\" alt=\"Screen Shot 2017-03-20 at 12.47.03 am\" width=\"595\" height=\"217\" srcset=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.47.03-am-595x217.png 595w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.47.03-am-768x280.png 768w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.47.03-am-960x350.png 960w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.47.03-am-696x254.png 696w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.47.03-am-1068x390.png 1068w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.47.03-am.png 1132w\" sizes=\"auto, (max-width: 595px) 100vw, 595px\" \/><\/a><p id=\"caption-attachment-4087\" class=\"wp-caption-text\">Source: <a href=\"http:\/\/www.rvd.gov.hk\/en\/property_market_statistics\/\" target=\"_blank\" rel=\"noopener\">HKRVD<\/a><\/p><\/div>\n<p>So in Hong Kong, if you have HK$4 millions, these are what you can have.\u00a0<a href=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.45.33-am-1.png\"><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-4086 aligncenter\" src=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.45.33-am-1-595x282.png\" alt=\"Screen Shot 2017-03-20 at 12.45.33 am\" width=\"595\" height=\"282\" srcset=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.45.33-am-1-595x282.png 595w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.45.33-am-1-768x364.png 768w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.45.33-am-1-960x455.png 960w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.45.33-am-1-696x330.png 696w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.45.33-am-1-1068x506.png 1068w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.45.33-am-1-886x420.png 886w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-20-at-12.45.33-am-1.png 1131w\" sizes=\"auto, (max-width: 595px) 100vw, 595px\" \/><\/a><\/p>\n<p>Let us now see what we can have with HK$4 millions in other countries!<\/p>\n<p>(1) The U.S.<br \/>\nThe 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\u00a0<a href=\"http:\/\/www.census.gov\/\" target=\"_blank\" rel=\"noopener\">U.S. Census Bureau<\/a>. HK$4 millions (around US$515,000) in the U.S. can bring you:<\/p>\n<p><strong>A house\u00a0in California<\/strong><\/p>\n<table class=\"fixed-table\" style=\"height: 198px;\" width=\"673\">\n<tbody>\n<tr>\n<th scope=\"row\">Price<\/th>\n<td><span class=\"price \" data-val=\"515000\" data-currency=\"USD\" data-period=\"\" data-val-period=\"{&quot;&quot;:515000}\"><span class=\"price \" data-val=\"515000\" data-currency=\"USD\" data-period=\"\" data-val-period=\"{&quot;&quot;:515000}\"><span class=\"val\">HK$4 millions (<\/span><\/span><\/span><span class=\"price \" data-val=\"515000\" data-currency=\"USD\" data-period=\"\" data-val-period=\"{&quot;&quot;:515000}\"><span class=\"val\">US$515,000)<\/span><\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Type<\/th>\n<td>House<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Location<\/th>\n<td>California<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Bedrooms<\/th>\n<td>4<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Bathrooms<\/th>\n<td>2<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Area<\/th>\n<td>177 Sqm (1,905 SqFt)<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Price per SqFt<\/th>\n<td class=\"price alt\" data-val=\"2319.8198198198\" data-currency=\"USD\">HK$2,100<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div id=\"attachment_4134\" style=\"width: 528px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/163304_163304_37149637_IMG_39_0000_max_656x437.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-4134\" class=\"size-full wp-image-4134\" src=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/163304_163304_37149637_IMG_39_0000_max_656x437.jpg\" alt=\"source: rightmove\" width=\"518\" height=\"437\" srcset=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/163304_163304_37149637_IMG_39_0000_max_656x437.jpg 518w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/163304_163304_37149637_IMG_39_0000_max_656x437-498x420.jpg 498w\" sizes=\"auto, (max-width: 518px) 100vw, 518px\" \/><\/a><p id=\"caption-attachment-4134\" class=\"wp-caption-text\">source: <a href=\"http:\/\/www.rightmove.co.uk\/overseas-property\/property-57239011.html\" target=\"_blank\" rel=\"noopener\">rightmove<\/a><\/p><\/div>\n<p>(2) The U.K.<br \/>\nAccording to <a href=\"https:\/\/www.theguardian.com\/business\/2017\/feb\/01\/uk-house-price-growth-nationwide-inflation\" target=\"_blank\" rel=\"nofollow noopener\">The Guardian<\/a>, the U.K. property\u00a0price growth has hit the 14-month low. HK$4 millions (around GBP\u00a0$413,009) in the U.K. can bring you:<\/p>\n<p><strong>A detached\u00a0house in London<\/strong><\/p>\n<table class=\"fixed-table\" width=\"673\">\n<tbody>\n<tr>\n<th scope=\"row\">Price<\/th>\n<td><span class=\"price \" data-val=\"515000\" data-currency=\"USD\" data-period=\"\" data-val-period=\"{&quot;&quot;:515000}\"><span class=\"val\">HK$4 millions (GBP$413,000<\/span><\/span><span class=\"price \" data-val=\"515000\" data-currency=\"USD\" data-period=\"\" data-val-period=\"{&quot;&quot;:515000}\"><span class=\"val\">)<\/span><\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Type<\/th>\n<td>Detached House<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Location<\/th>\n<td>London<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Bedrooms<\/th>\n<td>4<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Reception rooms<\/th>\n<td>2<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Area<\/th>\n<td>195 Sqm (2,100 SqFt)<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Price per SqFt<\/th>\n<td class=\"price alt\" data-val=\"2319.8198198198\" data-currency=\"USD\">HK$1,900<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div id=\"attachment_4136\" style=\"width: 605px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-26-at-10.13.43-PM.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-4136\" class=\"size-medium wp-image-4136\" src=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-26-at-10.13.43-PM-595x394.png\" alt=\"source: zoopla\" width=\"595\" height=\"394\" srcset=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-26-at-10.13.43-PM-595x394.png 595w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-26-at-10.13.43-PM-768x509.png 768w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-26-at-10.13.43-PM-696x461.png 696w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-26-at-10.13.43-PM-634x420.png 634w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-26-at-10.13.43-PM.png 841w\" sizes=\"auto, (max-width: 595px) 100vw, 595px\" \/><\/a><p id=\"caption-attachment-4136\" class=\"wp-caption-text\">source: <a href=\"http:\/\/www.zoopla.co.uk\/for-sale\/details\/40636845?utm_source=homesco&amp;utm_medium=network&amp;utm_campaign=aggregator#zQSTfFyC1SGiWpgV.97\" target=\"_blank\" rel=\"noopener\">zoopla<\/a><\/p><\/div>\n<p>(3) Japan<br \/>\nHK$4 millions (around JPY\u00a557,320,000) in Japan can bring you:<\/p>\n<p><strong>An apartment in Tokyo<\/strong><\/p>\n<table class=\"fixed-table\" width=\"673\">\n<tbody>\n<tr>\n<th scope=\"row\">Price<\/th>\n<td><span class=\"price \" data-val=\"515000\" data-currency=\"USD\" data-period=\"\" data-val-period=\"{&quot;&quot;:515000}\"><span class=\"val\">HK$3,820,000 (JPY<\/span><\/span><span class=\"price \" data-val=\"515000\" data-currency=\"USD\" data-period=\"\" data-val-period=\"{&quot;&quot;:515000}\"><span class=\"val\">\u00a554,800,000<\/span><\/span><span class=\"price \" data-val=\"515000\" data-currency=\"USD\" data-period=\"\" data-val-period=\"{&quot;&quot;:515000}\"><span class=\"val\">)<\/span><\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Type<\/th>\n<td>Mansion<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Location<\/th>\n<td>Tokyo<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Bedrooms<\/th>\n<td>1<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Reception rooms<\/th>\n<td>1<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Area<\/th>\n<td>63.78 Sqm (687 SqFt)<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Price per SqFt<\/th>\n<td class=\"price alt\" data-val=\"2319.8198198198\" data-currency=\"USD\">HK$5,560<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>(4) The Netherlands<\/strong><br \/>\nHKD $4 millions (around EUR \u20ac476,000) in the Netherlands\u00a0can bring you:<\/p>\n<p><strong>A house in Amsterdam<\/strong><\/p>\n<table class=\"fixed-table\" width=\"673\">\n<tbody>\n<tr>\n<th scope=\"row\">Price<\/th>\n<td><span class=\"price \" data-val=\"515000\" data-currency=\"USD\" data-period=\"\" data-val-period=\"{&quot;&quot;:515000}\"><span class=\"val\">HK$3,990,000 (EUR\u00a0<\/span><\/span><span class=\"price \" data-val=\"515000\" data-currency=\"USD\" data-period=\"\" data-val-period=\"{&quot;&quot;:515000}\"><span class=\"val\">\u20ac 475,000<\/span><\/span><span class=\"price \" data-val=\"515000\" data-currency=\"USD\" data-period=\"\" data-val-period=\"{&quot;&quot;:515000}\"><span class=\"val\">)<\/span><\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Type<\/th>\n<td>House<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Location<\/th>\n<td>Amsterdam<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Bedrooms<\/th>\n<td>5<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Bathrooms<\/th>\n<td>1 (2 separate toilets)<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Area<\/th>\n<td>128 Sqm (1,378 SqFt)<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Price per SqFt<\/th>\n<td class=\"price alt\" data-val=\"2319.8198198198\" data-currency=\"USD\">HK$2,896<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div id=\"attachment_4138\" style=\"width: 605px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/926_720x480.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-4138\" class=\"size-medium wp-image-4138\" src=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/926_720x480-595x397.jpg\" alt=\"source: funda\" width=\"595\" height=\"397\" srcset=\"https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/926_720x480-595x397.jpg 595w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/926_720x480-696x464.jpg 696w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/926_720x480-630x420.jpg 630w, https:\/\/www.spacious.hk\/en\/blog\/wp-content\/uploads\/2017\/03\/926_720x480.jpg 720w\" sizes=\"auto, (max-width: 595px) 100vw, 595px\" \/><\/a><p id=\"caption-attachment-4138\" class=\"wp-caption-text\">source: <a href=\"http:\/\/www.funda.nl\/en\/koop\/amsterdam\/huis-49176541-johan-van-der-keukenstraat-119\/\" target=\"_blank\" rel=\"noopener\">funda<\/a><\/p><\/div>\n<p><strong>(5) Italy<\/strong><br \/>\nHKD $4 millions (around EUR\u20ac476,000) in Italy can bring you:<\/p>\n<p><strong>A villa in Rome<\/strong><\/p>\n<table class=\"fixed-table\" width=\"673\">\n<tbody>\n<tr>\n<th scope=\"row\">Price<\/th>\n<td><span class=\"price \" data-val=\"515000\" data-currency=\"USD\" data-period=\"\" data-val-period=\"{&quot;&quot;:515000}\"><span class=\"val\">HK$3,990,000 (EUR\u00a0<\/span><\/span><span class=\"price \" data-val=\"515000\" data-currency=\"USD\" data-period=\"\" data-val-period=\"{&quot;&quot;:515000}\"><span class=\"val\">\u20ac 475,000<\/span><\/span><span class=\"price \" data-val=\"515000\" data-currency=\"USD\" data-period=\"\" data-val-period=\"{&quot;&quot;:515000}\"><span class=\"val\">)<\/span><\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Type<\/th>\n<td>Villa<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Location<\/th>\n<td>Rome<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Bedrooms<\/th>\n<td>&gt;5<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Bathrooms<\/th>\n<td>2<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Area<\/th>\n<td>160 Sqm (1,722 SqFt)<\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Price per SqFt<\/th>\n<td class=\"price alt\" data-val=\"2319.8198198198\" data-currency=\"USD\">HK$2,317<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>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. So in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4139,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[71],"tags":[98,84,168,126,82,125,169],"class_list":["post-4079","post","type-post","status-publish","format-standard","hentry","category-overseas-property","tag-hong-kong","tag-hongkong","tag-housing","tag-international","tag-market","tag-overseas","tag-property-haunting"],"_links":{"self":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/4079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/comments?post=4079"}],"version-history":[{"count":0,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/posts\/4079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media\/4139"}],"wp:attachment":[{"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/media?parent=4079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/categories?post=4079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spacious.hk\/en\/blog\/wp-json\/wp\/v2\/tags?post=4079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}