02/10/2017
Mount Nicholson project on Hong Kong’s prestigious Victoria Peak were sold at an average per square foot price of HK$104,800!
It now takes a household 18 years of median income to buy a home in Hong Kong, more than anywhere else in the world, data from Demographia shows. That compares with just over 12 years in Sydney, 8 1/2 in London and under six years for New York.
Singapore luxury properties are way less expensive than Hong Kong & China.
Singapore’s core central region property prices have increased in pricing and the unsold units are getting lesser & lesser.
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A luxury home in Hong Kong set a price record for apartment sales in Asia, even as the government seeks to tame property prices in the world’s least affordable market.
