Derek Chan, head of research at Ricacorp Properties, says the prices of tiny units could fall faster than normal-sized units in a falling market. Photo: AFP

HK$3million for a 170 sq flat just the beginning: Tiny flats even more expensive than Tung led to believe

Transaction prices can be higher in per square foot terms than some luxury homes

Topic |   Hong Kong housing

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Derek Chan, head of research at Ricacorp Properties, says the prices of tiny units could fall faster than normal-sized units in a falling market. Photo: AFP
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