Real estate nightmare: Agents rent 30 sq ft 'toilet area' for INR 18000 in Hong Kong

Hong Kong: If you thought nothing could drain your pockets as much as renting a property in Mumbai, then Hong Kong’s real estate will probably shock you and make you feel a lot better.

According to a report in the Mirror, agents in Hong Kong are selling 30 square foot 'toilet room' in a run down building for nearly 2000 Hong Kong dollars for a month, which amounts to almost 200 pounds.

While a 1BHK rented flat in Mumbai can cost up to INR 50,000 per month in some posh pockets like Bandra and Colaba, one can still manage to find a 150 sq.ft one-room-kitchen for 18,000. These figures from Hong Kong are absolutely crazy and even worse that London’s property market.

A video footage is doing the rounds on internet in which a small toilet area can be seen converted into a mini house with the toilet and the sink stashed into one section while the other area is kept empty, possibly for the tenant to sleep.

Property rates in Hong Kong are believed to be the highest in the world with 7 million population spanning across 423 sq miles.