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.