Hong Kong has the dubious honour of hosting so called micro flats — apartments crammed into the space of a master bedroom in other cities.
These flats are popular both with developers who sell them for more per square foot than some luxury apartments, as well as buyers who are looking to take their first step onto the property ladder.
Saleable area
179 square feet
Price
HK$3.5 million
HK$19.5k per sq ft
They have the necessities like a kitchen and a bathroom. Sleeping space overlaps with eating and lounge space. With a similar footprint to a taxi, micro flats offer little more shelter than three beach umbrellas.
Compare this micro flat to a:
Taxi
86 sq ft
Beach umbrella
39 sq ft
So imagine you’re a new owner of a micro flat. Try to arrange your furniture.
Hong Kong's tight real estate market has led to ever smaller apartments. It's the world's most expensive place to buy a home by area. See how it compares to other cities around the world.