You Can Barely Squeeze a Tesla Into This $500K Apartment
ByFancy an apartment the size of a Tesla Model X?
That’s about 161 square feet — and the size of a Hong Kong micro-apartment sold by property giant Henderson Land Development Co. for just less than $500,000. An actual Tesla Model X in Hong Kong starts at around $150,000.
As Hong Kong housing prices reach new highs and keep the city the most unaffordable for housing in the world, developers including billionaire Li Ka-shing’s Cheung Kong Property Holdings Ltd., Kowloon Development Co. and Henderson Land have been offering more and more units of smaller and smaller size. Another developer, Chun Wo Property Development Ltd., plans to build apartments as small as 128 square feet — about the size of a California garden shed…