Property News · October 23, 2019

Car parking space at The Center in Hong Kong changes owners for a record HK$7.6 million, triple the city’s median home price


A parking bay at The Center, the 73-storey Hong Kong office tower that held the 2018 world record as the costliest commercial building ever sold, changed hands recently for HK$7.6 million (US$969,000), making it possibly the most expensive spot on earth to park a vehicle.Johnny Cheung Shun-yee, one of the 10 investors in the consortium that paid US$5.15 billion last year for The Center, said in response to query by South China Morning Post that he had sold the last of his four car parks in the…

Source : South China Morning Post
Read more…Car parking space at The Center in Hong Kong changes owners for a record HK.6 million, triple the city’s median home price

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