Nano-building｜Human beings are not suitable for living｜The cause of the ten-year surge｜Sqft limit does not mean “living bigger”｜Is it possible to buy the last-generation nano-building? ｜Less talk about the property market｜Easy property viewing group
In Hong Kong, the trend of “nano properties” has seen a surge in the past few years, with a unit of 260 square feet being considered as a nano building. However, the government has announced a minimum unit size requirement of 280 square feet to address the public’s desire to “live bigger”, which will be applicable to all government land sales and private residential developments. Although the salable area of the unit has increased, the usable area may not necessarily be 280 square feet due to regulations on the sales of first-hand properties and residences. The usable area refers to the floor area, including the terrace, working platform, and balcony, and must be measured from the outside of the “enclosed wall”. With the supply of nano-buildings expected to decrease due to the new regulations, the investment value of last-generation nano-buildings may increase. However, the demand and region should also be considered before making a decision to buy. Easy Property Inspection Group provides insights into the property market and encourages people to leave a message if they want to know more. The group can be followed on various social media platforms.
[Easy property viewing group 🏠 easy talk about the property market]Nano-sized buildings｜Humans are not suitable for living｜Causes of the ten-year surge｜Sq. ｜Easy talk about the property market｜Easy Property Inspection Group In the past few years, “nano properties” have surged in Hong Kong. The market generally believes that a unit of 260 square feet belongs to a nano building. However, according to the classification of the Rating and Valuation Department in the “Hong Kong Property Report”, the smallest unit area is less than 20 square meters (that is, less than 215 square feet). In other words, units below 215 square feet are defined as “nano buildings”. In order to respond to the public’s desire to “live bigger”, the government announced in December last year that a minimum unit size requirement of 26 square meters (that is, 280 square feet) should be included in the land sale terms of some government land. By February this year, it will be extended to all government land sales, railway projects, URA projects and land exchanges for other private residential developments. Although the salable area of the unit has increased, it does not actually mean that there is a full 280 square feet of space. Because according to the “Regulations on the Sales of First-hand Properties and Residences”, the usable area refers to the floor area, that is, the area including the terrace, working platform and balcony; in addition, it must be measured from the outside of the “enclosed wall” of the enclosed unit, including the partition wall and the area of the column. Coupled with some restrictions on opening rules, furniture may not be placed in every location, so there may be only 215 square feet of usable space left in the end. As the supply of nano-buildings will decrease, will it become “rare and expensive” and worth buying? This aspect needs to be considered from the aspects of demand and region. If you have any real estate and want to know more, remember to leave a message to let us know 📢! ![Remember to help like👍our Facebook and subscribe to the 🛎YouTube channel, and set the 28Hse page as “First Look／See First🧐”]📍Facebook: 📸Instagram: 📱Twitter: 🎞YouTube: #每米楼#新Disk#property market#real estate#housing policy#property price#limited feet order#limited feet#limited#open style#龙床盘#私楼#Rating Property Valuation Department#Hong Kong Property Report#静俊#AVA228 #InvestmentValue#Secondhand Lou#香港#28Hse #易发见屋团# Easy to talk about the property market 00:00 Opening 00:59 Nano-building definition 02:18 The reason for the surge of nano-building 04:04 Restricted square feet to prevent nano-building 05:00 280-square-foot unit concept 05: 52 Usable area is not equal to inner cage area 07:02 Minimum per capita living area 08:52 Investment value of last-generation nano-buildings 10:20 Summary
