Why do they pay HK.7 million for a car parking space with no windows, no view, no walls?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
HK$2.7 million is enough to buy a small flat in an urban area, or a...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-10918","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2Q6","jetpack-related-posts":[{"id":90530,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-couple-earn-a-us330000-profit-in-nine-months-by-reselling-a-parking-space\/","url_meta":{"origin":10918,"position":0},"title":"Hong Kong couple earn a US$330,000 profit in nine months \u2026 by reselling a parking space","date":"June 5, 2018","format":false,"excerpt":"\r A Hong Kong couple pocketed a staggering HK$2.6 million (US$330,000) profit by reselling a car parking space in less than nine months after buying it. The single parking bay at Sun Hung Kai Properties\u2019 Ultima apartment complex in the Kowloon district set a new world record on Monday, changing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-parking-space-at-the-center-in-hong-kong-changes-owners-for-a-record-hk7-6-million-triple-the-citys-median-home-price\/","url_meta":{"origin":10918,"position":1},"title":"Car parking space at The Center in Hong Kong changes owners for a record HK$7.6 million, triple the city\u2019s median home price","date":"October 23, 2019","format":false,"excerpt":"\r 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sai-ying-pun-etches-a-world-record-with-a-hk5-18-million-car-parking-lot\/","url_meta":{"origin":10918,"position":2},"title":"Sai Ying Pun etches a world record with a HK$5.18 million car parking lot","date":"June 14, 2017","format":false,"excerpt":"\r 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\u2019s most expensive car parking spot. Kwan Wai-ming, the executive director of Huarong Investment Stock\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123687,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-car-parking-space-transactions-to-hit-record-high-this-year-as-investors-return-after-stamp-duty-rollback\/","url_meta":{"origin":10918,"position":3},"title":"Hong Kong car parking space transactions to hit record high this year as investors return after stamp duty rollback","date":"December 8, 2021","format":false,"excerpt":"\r A limited supply of car parking spaces in Hong Kong, coupled with the removal of double stamp duty, has whetted investors\u2019 appetite for this corner of the property segment, which is likely to push turnover to an all-time high this year.A total of 9,600 parking spaces in the city\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31870,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/whod-buy-a-car-park-space-for-hk4-8-million-someone-on-conduit-road-just-did\/","url_meta":{"origin":10918,"position":4},"title":"Who\u2019d buy a car park space for HK$4.8 million? Someone on Conduit Road just did","date":"October 27, 2016","format":false,"excerpt":"\r The car parking space of a luxury apartment at the Mid-Levels on Hong Kong island sold for HK$4.8 million (US$619,000) on Thursday, setting a record for the city\u2019s most expensive lot. The sale of the 135-square feet space at 55 Conduit Road was a confirmor deal, where properties are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91942,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyer-of-world-record-us760000-parking-space-is-boss-of-hong-kong-financial-company\/","url_meta":{"origin":10918,"position":5},"title":"Buyer of world-record US$760,000 parking space is boss of Hong Kong financial company","date":"June 20, 2018","format":false,"excerpt":"\r One of the Hong Kong residents who spent a jaw-dropping HK$6 million (US$760,000) on the world\u2019s most expensive parking space has been identified as the head of a financial company in the city. Jack Chan Siu-kit and Cheung Tsui-ling are the mystery buyers of the parking bay at the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10918"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=10918"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10918\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=10918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=10918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=10918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}