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Hong Kong Offers Apartment Worth 1.4 Million Dollars As Prize To Push Covid-19 Vaccination

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A Hong Kong developer is offering up a $1.4 million apartment to a vaccinated resident in a random drawing.

Hong Kong residents, who are 18 years or older, and have received their two doses of vaccines are eligible to enter a raffle for an expensive apartment starting Sept. 1, 2021. The Ng Teng Fong Charitable Foundation, the philanthropic arm of property developer Sino Group, is donating the unit.

The random drawing is a part of the government’s move to business as it sprawls to entice residents into getting vaccinated. In Hong Kong, several people are apprehensive about getting the jab, which is why several vials of unused Pfizer vaccines may expire soon. Despite the surplus of doses, only about 13.4% of residents are fully vaccinated and 18.1% have gotten at least one dose.

The $1.4 million, 449-square-foot apartment up for grabs is a one-bedroom unit in Grand Central, a residential complex in Hong Kong's Kwun Tong district developed by Sino Group. The Grand Central development launched in 2018 and released another batch of units in February 2021 at prices that were 30% higher, according to the South China Morning Post. The current listings in the building include a 758-square-foot apartment on the 47th floor for $2.7 million and a 962-square-foot unit on the 50th floor for about $3.7 million.

The foundation's director, Daryl Ng, said in a news release that he hopes the giveaway will encourage more Hong Kongers will get vaccinated.