Property News · June 14, 2017

Sai Ying Pun etches a world record with a HK$5.18 million car parking lot


A Hong Kong executive has forked out HK$5.18 million (US$664,260) for space to leave his vehicle, setting yet another record in the costliest major urban centre on earth to become the owner of the world’s most expensive car parking spot.
Kwan Wai-ming, the executive director of Huarong Investment Stock Corp., paid the record price for
his third parking spot at the Upton apartment complex in western Hong Kong’s Sai Ying Pun. He’d already paid a total of HK$88.55 million since…

Source : South China Morning Post
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