Cover An Estate in Tuscany. Credit: Christie’s International Real Estate

Hong Kong property developers recently gave away an apartment in a prize draw for vaccinated residents—and they may be awarding a second one worth HK$12 million (US$1.5 million). Here's what that amount of money can get you around the globe

The winner of a HK$10.8 million (US$1.3 million) apartment, given away by Sino Group and Chinese Estates Holdings in a prize draw for vaccinated residents, was recently revealed. And if 5 million Hongkongers get jabbed by the end of September, the developers will offer a second apartment worth HK$12 million. We take a look at homes across the world costing around the same—for that amount, you'll get more bang for your buck outside of Hong Kong.

See also: All The Covid-19 Vaccination Incentives Hongkongers Can Receive: #OurBestShot

1. A 468sqft Hong Kong Apartment

Let’s first take a look at what you’ll get in Hong Kong for HK$12 million: an apartment of 468sqft inside the new Kwun Tong development Grand Central, which could be released as a lucky draw prize later on. Residents enjoy access to a private clubhouse inside the development, plus amenities like swimming pools and a wellness space, to name a few.

Kwun Tong is east of the Kowloon peninsula. Once an industrial area, it has developed into a major business centre. It's also the most densely populated district in Hong Kong: there are 686,700 residents, according to the latest census in 2020.

2. A Rustic Tuscan Farmhouse

Imagine switching out your poky apartment in Kowloon for a sprawling farmhouse in Tuscany, which could easily function as both your Italian haven and a holiday home to rent out.

See also: Private Islands Around The World You Can Buy Now

Casale Val Minima, located in the illustrious central Italian region, could be yours for around US$1.6 million. Restored in 2012, this 3,229sqft home and adjoining gardens were originally constructed in the 17th Century. There are six bedrooms and five bathrooms, and noteworthy features like handmade terracotta floors and a stone fireplace. The 1.2-acre grounds are well-maintained, plus there’s a swimming pool and tennis court to boot. Tuscany is served by various airports, including Florence Airport. 

Listing price: €1,350,000
Available for sale at Romolini Immobiliare x Christie’s International Real Estate

3. An 18th Century Estate In Cognac

Forty-five rooms, a private swimming pool, and no direct neighbours—that’s what comes with the sale of this 18th-century estate in Cognac, southwestern France. Famed for being the home of the brandy of the same name, Cognac is also known for its warm, breezy summers and rich architectural history.

Listed for just under US$1.5 million, the estate has 4 hectares of land. There’s plenty of space to roam around indoors: the houses total 11,604sqft. There’s also a tennis court and unrivalled views of the vineyards. Cognac is around an hour and 45 minutes by car from Limoges Airport, and around two hours’ drive from Bordeaux Airport. 

Listing price: US$1,488,241
Available for sale at Christie’s International Real Estate

4. Trendy Digs In The Heart of London

Central London isn’t known for its affordability, although often the cost of homes here are still no match for Hong Kong’s notoriously high property prices.

See also: Home Tour: A Stylish Home that Showcases London’s Craft Heritage

A new development in the prestigious Zone 1 area—it’s a 12-minute walk from the Underground station of London Bridge—Newham’s Yard South offers a mix of studios and apartments. The two-bedrooms, which have 798sqft of internal space and a further 510sqft on their outdoor terraces, are listed for £1 million (US$1.3 million). All three-bedroom units are sold out. 

The building is within walking distance from a number of London landmarks, including Borough Market and Tower Bridge. 

Listing price: £1,000,000
Available for sale at One Global Property Services

5. A Pre-War New York City Apartment

New York City's real estate market is consistently ranked one of the most expensive in the world, although you'll still get a better deal there than in Hong Kong. Consisting of 1,699sqft, this apartment has three bedrooms, two bathrooms and a fourth room built as staff quarters. The master bedroom features an en-suite bathroom and a walk-in closet, while one of the bedrooms has a built-in bookcase. The apartment building dates back to 1915 and enjoys a prime location between Park and Madison Avenues, some of the most exclusive addresses in the world. 

Listing price: US$1,500,000
Available for sale from Nikki Field of Sotheby’s International Realty

6. A Los Angeles Property In A Full-Service Building

This 2,045sqft apartment ticks a lot of boxes. It’s located on Wilshire Boulevard, a historic Los Angeles thoroughfare that stretches from Beverly Hills and Santa Monica to the downtown area. The building offers 24-hour security, a concierge service, valet parking, plus amenities like a pool, gym, spa and sauna. Inside the sun-drenched apartment, features include custom cabinets, a fireplace, hardwood flooring in a matte finish, and a quartz-detailed master bathroom, to name just a few. Did we mention it boasts gorgeous views of LA? 

Listing price: US$1,495,000
Available for sale from Sotheby’s International Realty 

See also: Home Tour: A Home in Los Angeles With a Stunning Blue Dining Room

7. A Beautiful Vancouver Family Home

Taking up 1,305 sqft, this Vancouver home—which is inside the new complex Eila on W49—has three bedrooms and two and a half bathrooms. It’s located in the affluent Oakridge neighbourhood in the westside of the city, which has a large Chinese-speaking community. The look and feel of the complex are inspired by that of a family home: there’s a rooftop patio in place, for example. Meanwhile, the location is strategic for those with young children, as there is a sizeable school network near the area. 

Listing price: US$1,284,966
Available for sale from Sotheby’s International Realty Canada

8. A Charming Bolthole Outside Tokyo

Karuizawa has long been a favourite weekend escape for the affluent urbanites of Tokyo—it's only a two-hour drive from the Japanese capital.

See more: Property in Japan: Where to Invest and Why Now is the Right Time to Buy

This two-bedroom, 1,140sqft home in the mountain resort offers soothing views of the surrounding forests. Its façade and interiors also speak to its beautiful natural surroundings: the home is built with wood, while the decor is dominated by earthy tones and natural materials. 

Listing price: US$1,303,268
Available for sale from List Sotheby’s International Realty

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