Monday, 13 August 2018

In the most expensive housing market on earth, demand for micro-apartments is on the rise

Rising home prices in Hong Kong have buyers turning to tiny apartments. The world’s least-affordable housing market saw transaction volumes for residential units no bigger than 300 square feet jump 52 percent during the first eight months of the year compared to the same time in 2017, according to data from Picacorp Properties cited by Bloomberg. Those 300-square-foot spaces are smaller than two parking spaces, and now make up 12.4 percent of total apartment sales […]



source https://therealdeal.com/2018/08/13/in-the-most-expensive-housing-market-on-earth-demand-for-micro-apartments-is-on-the-rise/

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