I don't know how you calculated the ratio, but it is just not reasonable to use a standard living space area for every city in the calculation. Or if there is any cheaper option to live just with basic facilities with my family, please mention it as well. Homes For Sale in Hong Kong | CENTURY 21 Global. The fashionable harbor city of Hong Kong edged out London for the most expensive residential sale in the world last year with a single family home selling for US$194,000,000 or HK … A buyer paid HK$600 million, or HK$131,000 per square foot, for a property measuring 4,579 square feet at Mount Nicholson, according to Wheelock Properties, which oversees sales of the joint project between Wheelock & Co. and Nan Fung Development, without divulging the buyer’s identity. View up to date listing photos and use our search filters to find the perfect property for rent in Hong Kong. Hong Kong remains the city with the highest value residential real estate, with an average property costing $1.235m ($2,091 per sq ft). Generally, I would suggest you to use different standard for different cities. ft. Singapore maintains its second place, averaging US$874,372 (US$1,063 per sq ft), and Shanghai is third at US$872,555 (US$714 per sq ft). View property transaction data and the average property price in Hong Kong. Your use of this service is subject to our, Prezzi delle proprietà immobiliari ad Hong Kong, Price per Square Feet to Buy Apartment in City Centre, Price per Square Feet to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate. m.) prices in US$/€ of 120-sq. The world's most expensive property has gone on sale - but to live in it will cost you a staggering £13,500 per square foot. The vibrant waterfront city of Hong Kong remains one of the world’s most luxurious, with record-setting prices and high demand. In 2019, Hong Kong had the most expensive residential property market worldwide, with an average price per square foot of 1,987 U.S. dollars. Search for real estate and find the latest listings of Hong Kong Property for sale. Gallo listed what in his opinion were the fourteen biggest bubbles across the globe which included Hong Kong property, obviously. HONG KONG - Asia's most expensive home per square foot is set to go on sale in Hong Kong, which boasts some of the world's costliest properties despite efforts to curb skyrocketing prices. Find Property for sale in Hong Kong. EspañolPrecios de Inmuebles en Hong Kong, Copyright © 2009-2021 Numbeo. ft. Square Foot (US Customary Units) Square Meter (Metric) Acre (US Customary Units) Hectare (Metric) Hong Kong, China. Number of deal history lookups remaining for today: LP10Monaco21 Borrett Road Phase 1Mt. m.) prices in US$/€ of 120-sq. Price per Square Feet to Buy Apartment in City Centre : 23,193.47 HK$ 18,580.45-29,999.75: Price per Square Feet to Buy Apartment Outside of Centre : 14,623.54 HK$ 11,999.90-17,999.85 (Read More: Hong Kong's IPO Is Heating Up) Annual retail rent in high-end shopping areas in Hong Kong averaged $4,328 per square foot (36,351 euros per square meter). Looking to find short term or long term lease, rent a flat, buy a flat or list property in Hong Kong? According to the latest data released by Rating and Valuation, Hong Kong’s average price for a home is HK$4.34 million for a 430 square feet flat in Kowloon. Terms of Use and Hong Kong remains the most expensive city with the highest-value residential real estate, with an average residential property costing US$1.235 million (US$2,091 per sq ft). Hello, the rule of market for the house price is half month salary of national basic wages for square meter, at the maximum charge for the smallest size, going down with price together growing of capital to pay in all property. Abu Dhabi and Hong Kong were the … If you have a rental rate of $50 per square foot for a 3,000 square foot space, you would multiply $50 by 3,000 to get your annual rental cost, and then divide that by 12 to get your monthly rental cost. Additionally, the new site has also introduced a new 'Edge Fair Value' feature, which gives you an indicative value based on information provided for subject property. : Rental Inclusive (including management fee and government rate) The above rental or sale information is provided by the hong kong property agency Landscope Real Estate Services Ltd or its sister companies, a premier real estate agent specializing in realty, residential property for rent and sale in Hong Kong. Average price growth in Singapore was also at a low 1.1% outpaced by Hong Kong and Shanghai … A house in southern Hong Kong island was sold recently for a record-high price of HK$180,000 ($22,985) per square foot, topping the list of Hong Kong’s most expensive homes ever purchased, according to a report in the city’s Apple Daily.. Unit B at 37 Island Road, a semi-detached home in Hong Kong’s southern district, was sold by Wang Yao, chair of Hong Kong-listed GICL, for … In price-per-sq.-ft. terms, it could be the world's most expensive home A 4,120-sq.-ft. villa in Hong Kong is going for $87.3 million. Going through the data, what's really striking is the average home price per square foot. Spacious has 65941 Properties For Rent in Hong Kong. WatchDog helps you to build your property profile so as to trace the latest market value of your properties easily. PropertyData offers UK-wide price per square foot data - no other company provides comprehensive and accurate UK residential £/sqft data at anything close to a comparable price. Singapore remains in second place, averaging $874,372 ($1,063 per sqft), and Shanghai is third at $872,555 ($714 per sq ft). The 4,661 square-foot (433 square-metre) ultra-luxury home, located in the southern Chinese city's affluent Peak district, comes with a HK$819 million ($105.67 million) price tag. Price per Square Feet to Buy Apartment in City Centre : 2,438.06 S$ 1,999.98-2,999.98: Price per Square Feet to Buy Apartment Outside of Centre : 1,208.44 S$ 789.67-1,599.99: Salaries And Financing. New York US$1,860: Average price per square foot for luxury property Hong Kong remains the city with the highest value residential real estate, with an average property costing $1.235m ($2,091 per sq ft). View the average cost per square meter in Singapore compared to other countries in the Asia ... Hong Kong: $ 28,570 Japan: $ 16,322 Singapore: $ 14,373 China: $ 11,829 India: $ 10,932 Taiwan: $ 10,373 Thailand: $ 5,266 Philippines: $ 3,952 Malaysia: $ 3,441 Cambodia: $ 2,913 Indonesia: $ 2,595 Vietnam: $ 2,280 Singapore: Square metre prices, premier city centre, US$. Hong Kong US$3,000: Average price per square foot for luxury property. Branksome Crest Tower Penthouse. Hong Kong is also the site of the highest price paid per square foot on a single residential sale (US$19,563). The top three most expensive places to buy a property are once again in Asia. Average price per square meter, rents, apartment price to income ratio, mortgage affordability and other relevant economic indicators improtant to look at when considering to invest in Hangzhou, China. > As observed in last year’s report, all these cities have introduced cooling measures to keep prices under control. Last update: January 2021, DeutschImmobilienpreise in Hongkong Property Market Statistics Hong Kong Property Review Monthly Supplement (January 2021) (pdf) Entire Data Series. ft. Check latest transaction history, actual transacted price, popular districts and estates total transaction number, average price per square foot and other property details. The above rental or sale information is provided by the hong kong property agency Landscope Real Estate Services Ltd or its sister companies, a premier real estate agent specializing in realty, residential property for rent and sale in Hong Kong. m. apartments located in the centre of the most important city of each country, either the: Administrative capital; and/or Financial … Average price per square foot: 7,200 pounds (about $11,000) Average property size: 5,200 sq. so to finish the price of previous apartment of 150 square meter you will pay in full from 62,000 yuan till 66,000 yuan for the full property. When it came to the rental market, the most expensive city was New York, where the average monthly price of rent hit $2,844. New homes are … ft. View All. Privacy Policy. Average price per square foot: 7,200 pounds (about $11,000)Average property size: 5,200 sq. The median home price was 18.1 times the median annual pretax household income last year, according to a recent annual report from Demographia.Though a small improvement from the year before when home prices were 19 median household income, Hong Kong still ranks as … Copyright 2021 www.28hse.com/en All rights reserved. Private Domestic - Average Rents by Class (from 1982) Private Domestic - Average Prices by Class (from 1982) Private Domestic - Rental Indices by Class (Territory-wide) (from 1979) (In some states like California, prices per square foot are quoted in monthly terms.) La VieSilversandsThe ConcertoEight Star StreetMontego BayArbourVilla La Plage, Island WestCentral, Sheung WanMid-LevelWan ChaiCauseway BayYau TongKwun TongKowloon BayDiamon HillTo Kwa Wan,Kowloon City, Kai TakSan Po KongSai KungTseung Kwan OMa On ShanShaTin,Tai WaiTai PoFan Ling,Sheung ShuiMa Wan,Discovery BayTung Chung, Hong Kong Property Market - Yr.2021 Jan: Average price per sq feet, The data from this graph is from RVD and Land Registry. 1. Please call Hong Kong Homes at +852 2866 0130. Copyright © 2009-2021 Numbeo. IF PROPERTY prices are a guide, Hong Kong is the most desirable place on Earth. Hong Kong Property Market - Yr.2021 Jan: Average price per sq feet $11701 2.5% (last month:$11416) Ignoring the Hong Kong government’s attempt to rein in home prices, Sun Hung Kai Properties (SHKP) is offering a super-deluxe house on The Peak for HK$175,735 per square foot. FrançaisPrix de l'immobilier à Hong Kong PropertyData offers UK-wide price per square foot data - no other company provides comprehensive and accurate UK residential £/sqft data at anything close to a comparable price. You can now access our research tools and calculators for free on EdgeProp. Property Prices Ignoring the Hong Kong government’s attempt to rein in home prices, Sun Hung Kai Properties (SHKP) is offering a super-deluxe house on The Peak for HK$175,735 per square foot. Hong Kong Property Market - Yr.2021 Jan: Average price per sq feet $11701 2.5% (last month:$11416) Search for real estate in Hong Kong and find real estate listings in Hong Kong. Singapore remains in second place, averaging $874,372 ($1,063 per sqft), and Shanghai is third at $872,555 ($714 per sq ft). For instance, a flat measuring 612 square feet in Elizabeth House in Causeway Bay changed hands last May for HK$8.9 million, 22.6 per cent below market price, Lee … In the global league table, Hong Kong held on to the dubious accolade of being the world’s most expensive place to live for the seventh year in succession in 2017 , as Forbes noted, quoting work by Oxford Economics. Typical luxury residences here start at US$5,000,000, and sell on average for US$3,000 per square foot. Holding on to its rank as the most expensive housing market in the world for the seventh year in a row is Hong Kong. Going through the data, what's really striking is the average home price per square foot. If you would like to see a detailed deal history, please log in first. (Read More: Hong Kong's IPO Is Heating Up) Annual retail rent in high-end shopping areas in Hong Kong averaged $4,328 per square foot (36,351 euros per square meter). * Rental Incl. Average price per square foot: 7,200 pounds (about $11,000)Average property size: 5,200 sq. PortuguêsPreços de Imóveis em Hong Kong Average per square metre (sq. Asking prices Our database of live asking prices per square foot currently includes 65,000 data points nationwide. New Listings (4564) ... Price per sq. Hong Kong: Square metre prices, premier city centre, US$. Office rents, at some $160 per square foot a year, are now the world's highest. ... Property type. As long as I know, the average living space in Hong Kong is 161 square feet per person, while that for a New Yorker is 531 feet. Hong Kong In respect to average prices per square foot, The Zenith is valued at HKD17,190. Asking prices Our database of live asking prices per square foot currently includes 65,000 data points nationwide. Nonetheless, property prices in Singapore are relatively more affordable, costing about half that of prices in Hong Kong on a per square foot basis. Hong Kong, These data are based on 867 entries in the past 12 months from 125 different contributors. Average per square metre (sq. *To view the full address please click on History. View property transaction data and the average property price in Hong Kong Island. Check latest transaction history, actual transacted price, popular districts and estates total transaction number, average price per square foot and other property details. On the prime Hong Kong Island, the average cost is about HK$16,200 per square foot. Dear Square Foot Research users, We are currently in the process of migrating a few basic features of Square Foot Research to EdgeProp. Advertisement In the Eastern district where property prices have appreciated by 2.32% and the Southern district (2.08%), prominent property listings which include Taikoo Shing and Residence Bel-Air tally at HKD18,957 and HKD21,630 /sq.ft in terms of highest price valuations. The buyer, Jack Ma, is the chairman and founder of online business to business giant, Alibaba. Hong Kong: Square metre prices, premier city centre, US$. EXAMPLE: If the national wager is 10 yuan per hours and the national hours are 40 the salary will be 1600 yuan per month of work, so divide 2 will be 700 yuan at meter square for one apartment of 35 square meter for a total of 24,500 yuan for buy all property without devaluation, if the property to buy is the size of 150 square meter the total amount for the previous price for meter square became too much heavy to pay than step by step the price per meter square decrease from 700 to 650-580-500-430-350-until arrive at minimum of 210, so down the last price became affordable build ours own building or house for the price of meter square comprehensive of work at 35 yuan per square meter. These three cities have introduced cooling measures to keep prices under control. Hong Kong. Hong Kong already has the most expensive house prices in Asia in terms of price per square foot – a property in the most exclusive residential area, The Peak, sold in June for US$27.09 million (US$5,283 per square foot.) What would be the price of a one room apartment near Hong Kong University of Science and Technology, i.e., around Clear Water Bay Peninsula? Hong Kong's premium office space has topped the charts as the world's most expensive for the second consecutive year, outpacing prices in No. Goodbye and keep treasure of this rules. ItalianoPrezzi delle proprietà immobiliari ad Hong Kong > Analysis of prices for investment in residential properties in Hangzhou, China. In Hong Kong, it was US$2,091, almost double … Your use of this service is subject to our , Alibaba states like California, prices per square foot, the average property size: 5,200 sq list... These three cities have introduced cooling measures to keep prices under control paid! 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