Market Mondays: Vancouver Expensive? What Do You Get in Hong Kong for $100 Million?Posted: March 31, 2014
For all of you who continue to think Vancouver and Toronto are over priced, we bring you a 13,500 sq. ft. castle in Hong Kong. Built in 1966, the property is a combination of what was originally 3 individual houses, and boasts 12 bedrooms, all with ensuites and beautiful floor to ceiling windows with views of the bay and coastline.
Two full-sized pools and enormous decks complete the outside of the estate. As the ad reads: “Host a pool side barbecue and invite your friends over for a party!”
We like the ad layout provided by the agent of this listing. It shows the cost per square foot at $74,746.40 in Hong Kong dollars. At today’s rates, that equates to $10,635.22 per square foot in Canadian dollars.
If you can’t come up with the down payment, the home is also available for rent at $1,155,000 HK dollars per month. That’s $164,000 per month Canadian with a damage deposit just north of $80,000.
View the entire listing with an excellent map of Hong Kong at: Hong Kong Castle