You Could Barely Squeeze a Tesla Into This $500K Apartment

  • Microflats surge as prices jump 99%, double usual homes’ rate
  • Government affordability policies have unintended consequences

Fancy an apartment the size of a Tesla Model X?

That’s about 161 square feet — and the size of a Hong Kong micro-apartment sold by property giant Henderson Land Development Co. for just less than $500,000. An actual Tesla Model X in Hong Kong starts at around $150,000.