Anyone see a problem here? In Hong Kong apartments the size of a parking spot are selling for $516,000 reports the WSJ.
The apartment, in a development called High Place, isn’t much bigger than the standard U.S. parking space. It went into contract in May for almost four million Hong Kong dollars (US$516,000.)
Even by Hong Kong’s cramped standards, apartments here are getting tinier and tinier.
So small are some of the new developments in Hong Kong that they have been given the moniker “mosquito-sized units.”