{"id":110038,"date":"2019-08-20T11:00:10","date_gmt":"2019-08-20T04:00:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/smart-technology-could-get-cars-off-the-roads-in-hong-kong-and-into-parking-spaces-faster\/"},"modified":"2019-08-20T11:06:18","modified_gmt":"2019-08-20T04:06:18","slug":"smart-technology-could-get-cars-off-the-roads-in-hong-kong-and-into-parking-spaces-faster","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/smart-technology-could-get-cars-off-the-roads-in-hong-kong-and-into-parking-spaces-faster\/","title":{"rendered":"\u2018Smart\u2019 technology could get cars off the roads in Hong Kong and into parking spaces faster"},"content":{"rendered":"


\nAutomobiles are one of the major means of transport in Hong Kong, but they are in use for just 3 per cent to 5 per cent of their lifetime, remaining parked for the rest of the time.Given the scarcity of land, parking spaces are not easy to find, and looking for one is time-consuming.According to Transport Department, the number of private cars in Hong Kong has soared from 402,000 in 2006 to 618,000 in 2018.The number of vehicles is outnumbering parking spaces, resulting in illegal parking on\u2026
\n
\nSource : South China Morning Post
\nRead more…\u2018Smart\u2019 technology could get cars off the roads in Hong Kong and into parking spaces faster<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Automobiles are one of the major means of transport in Hong Kong, but they are...<\/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-110038","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-sCO","jetpack-related-posts":[{"id":119584,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-parking-space-transactions-rise-as-investors-capitalise-on-removal-of-double-stamp-duty\/","url_meta":{"origin":110038,"position":0},"title":"Hong Kong parking space transactions rise as investors capitalise on removal of double stamp duty","date":"December 22, 2020","format":false,"excerpt":"\r The sales of parking spaces in Hong Kong jumped about 37 per cent in the first 18 days of this month, as investors encouraged by the removal of the double stamp duty on non-residential property returned to the sector.About 410 parking spaces have changed hands in this period, rising\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72235,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/want-to-see-your-money-grow-buy-a-car-parking-space-in-hong-kong-instead-of-a-flat\/","url_meta":{"origin":110038,"position":1},"title":"Want to see your money grow? Buy a car parking space in Hong Kong instead of a flat","date":"November 19, 2017","format":false,"excerpt":"\r If house values in Hong Kong have been rising for the past 18 consecutive months, then a bigger surprise would be the price of parking spaces, which have grown much faster than homes in some areas. It all comes down to supply and demand. Similar to the shortage of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58452,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/safe-as-car-parks-hong-kong-parking-spaces-outperform-home-prices-over-12-year-period-2\/","url_meta":{"origin":110038,"position":2},"title":"Safe as car parks? Hong Kong parking spaces outperform home prices over 12 year period","date":"June 20, 2017","format":false,"excerpt":"\r Prices for Hong Kong car parks have outperformed the housing market over the last dozen years, the SCMP reports.\r \r Source : cnbc.com\r Read more...Safe as car parks? Hong Kong parking spaces outperform home prices over 12 year period","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58428,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/safe-as-car-parks-hong-kong-parking-spaces-outperform-home-prices-over-12-year-period\/","url_meta":{"origin":110038,"position":3},"title":"Safe as car parks? Hong Kong parking spaces outperform home prices over 12 year period","date":"June 20, 2017","format":false,"excerpt":"\r Prices for Hong Kong car parks have outperformed the housing market over the last dozen years, amid shrinking supply and a buoyant market ready to bid up real estate themes in the era of ultra low interest rates. \u201cStrong demand and rising investment interest will continue to boost prices\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104945,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-agents-drum-up-demand-for-car-parking-spaces-in-greater-bay-area-tout-low-investment-of-us30000\/","url_meta":{"origin":110038,"position":4},"title":"Hong Kong property agents drum up demand for car parking spaces in Greater Bay Area, tout low investment of US$30,000","date":"March 13, 2019","format":false,"excerpt":"\r Hong Kong\u2019s small property agents have found a new investment avenue that has piqued the interest of investors \u2013 car parking spaces in the \u201cGreater Bay Area\u201d for as low as 200,000 yuan (US$30,000).\u201cWe see a lot of Hong Kong investors would like to capitalise on the property boom\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118779,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-tycoon-king-cho-accumulates-car-parking-spaces-in-greater-bay-area-betting-on-growth-potential\/","url_meta":{"origin":110038,"position":5},"title":"Hong Kong tycoon King Cho accumulates car parking spaces in Greater Bay Area betting on growth potential","date":"September 30, 2020","format":false,"excerpt":"\r Car park investors are looking north, betting on strong revival in economic growth and increasing car ownership in the Greater Bay Area to push up prices.Among them is Hong Kong investor King Cho, who plans to spend up to 700 million yuan (US$102.7 million) by the end of this\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\/110038"}],"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=110038"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110038\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}