Overpriced. It should be under 1 million. I live in the U.S. and have seen better for 2.8 million. Whoever is "asking" for 2.8 million is greedy. That kitchen was so small with basic flooring, countertops and appliances.
The location dictates the price more than the structure of the house itself. Highly secured community with dignitaries and other high level officials reside. Of course you can find better homes anywhere, but in terms of location ratio the the city or country.