$28.8 million for a condo?
Want to own a piece of luxury real estate in a prime location, specifically in Hong Kong? Well you can pay $28,800,000 for a 5497 sq ft penthouse condo with your own pool and a view of the harbor. Per the article, that’s the record price (per square foot) in Asia. Anyone know what the record in the world is? Perhaps it’s this one (for about $16,000 US dollars per sq ft)?
So this new happy owner paid $5,300 per square foot for this condo (the article’s $41,000 is in Hong Kong dollars, not U.S.). In comparison, I paid $205 per square foot for my single family home in Maryland. Granted, my house is less than half the size of this condo, but I do have my own pool too!
Now let’s see which of my readers paid the least price per square foot for their house. To help you out, just divide your purchase price by your home’s finished square footage. E.g. $400,000/2,000 sq ft = $200/sq ft. Go ahead and leave a comment! Also mention the city/state please.