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From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

author:Ouyang-

In Hong Kong, there is a huge disparity between the rich and the poor. How rich can a rich person be rich?

unimaginable.

Although it is said that because houses in Hong Kong are generally small and expensive, more than 1,000 square feet can become a "1,000-foot luxury house".

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

But this mansion is in quotation marks, not a mansion in the true sense of the word.

There are many types of luxury houses in Hong Kong, one is a estate-style bungalow, and the other is a detached lot bungalow (detached house).

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

House-style bungalows

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

Detached house

So what is the standard of a truly super-luxury home?

The silver code (transaction value) is over 100 million to be considered a super luxury house

If the luxury house is a single strata property, the property price of the low-rise unit is 20 million yuan, and the property price of the high-rise unit is more than 100 million yuan, this is not a super luxury house.

In terms of strata units, the property price of each unit must exceed 100 million yuan to be called a super luxury house.

The property price of a bungalow is more than 500 million yuan to be considered a super luxury house.

Do you know which is the most expensive luxury property in Hong Kong at the moment?

It's Aoxuan!

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

Located at 53 Stubbs Road, Mid-Levels on Hong Kong Island East, it only provides 12 units, one staircase and one unit, and the transaction price and sq ft price once set a record for Asian property kings.

In August 2012, Opus Announce's first transaction was a 6,200 sq. ft. unit on the 8th floor, which sold for $470 million and $75,802 per square foot, making it the highest price in Asia at the time.

The saleable area of the unit taken over by Dr. Chen Hongtian in Shenzhen is 5,154 square feet, and the price per square foot is 131,936 yuan based on the current market value of about 680 million yuan.

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

Although he was appraised and tendered by the bank, he is now living in it himself!

Featuring five bedrooms (four suites) with study, living room, dining room and kitchen, its open-plan layout and floor height of more than 4 meters create a spacious interior space with unobstructed views.

This is already an extraordinary mansion that can be compared!

At present, Hong Kong's super luxury homes are mainly concentrated in three districts on Hong Kong Island, including The Peak, Southern District and Jardine's Hill.

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

Since many luxury houses with furniture have been renovated, involving the copyright of designers, there will not be too many pictures of luxury houses on the Internet.

But Hong Kong Zhen Xiaofang will take you to reveal a mountaintop mansion worth 400 million!

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

Many people who live in Mid-Levels in Central do so because it overlooks the whole of Hong Kong.

In another area, Jardine's Hill is dominated by houses on detached lots, with 5 to 10 plots of land currently for sale, with a sale area of about $700 million to $1 billion.

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

Regardless of whether it is a house-style house or a detached house, as long as it is of high quality, such as the age of the building and the view is good, the average price per square foot is about $100,000 or more, and the entrance fee is about $200 million to $300 million for a super luxury house of at least about 3,000 square feet.

Who bought these luxury houses? Mainland buyers account for half of the total!

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

These hundreds of millions of mansions, without a billions of dollars, should not be considered.

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

On the other hand, it is hard to imagine how bad the accommodation environment in Hong Kong can be.

Because there is no way to give you statistics on the cheapest place in Hong Kong, it can only be said that this is the dilapidated accommodation environment of most Hong Kong people.

That's the cage house.

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

Compared to the super mansion just now, it's really one day and one place.

Perhaps most people have not seen these cage houses in real life, but they are the people who really exist at the bottom of Hong Kong.

In recent years, cage houses have gradually faded out of everyone's field of vision, but the word subdivided unit has gradually become more familiar.

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

It's hard to imagine that this is a place to live.

In addition, there are nearly 110,000 subdivided units in Hong Kong, and the Government proposed in the Policy Address 2023 to set up a working group to solve the problem of subdivided units.

What is the living environment of subdivided unit users?

There are duplex rooftop houses, with people living on the upper floor and a shared kitchen and toilet on the lower floor.

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

A rooftop house made of iron sheets

There are also corner box rooms with up and down subdivisions.

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

A coffin room with a monthly rent of 2000

There are also subdivided units with open toilets of less than 40 feet, which are only about 1.8 meters high on the ground floor.

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

"Duplex" upper floor for residents, lower floor shared kitchen and toilet

There is also a loft with a height of about 1.56 meters, and you can only bend over and walk around with your head down in the room.

Even worse when it's hot.

The house is covered with styrofoam for heat insulation, and even if there are windows and exhaust fans, it is still difficult to solve the problem of hot and stuffy baking indoors.

From super luxury houses to inferior "birdcage" houses! How big is the disparity between the rich and the poor in Hong Kong?

The living environment is poor, but the financial ability is limited, so I can only live.

It is their greatest wish to go upstairs as soon as possible and be allocated to public housing.

Hong Kong's luxury homes are a paradise for the rich, and Hong Kong's subdivided units are also a hell for the poor.

The disparity between the rich and the poor in Hong Kong is really sad from the perspective of the difference in housing environment.

In the face of this pile of "worst subdivided units", the Hong Kong government should indeed think about how to prioritise these dwellings at the moment.

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