{"id":31870,"date":"2016-10-27T19:20:40","date_gmt":"2016-10-27T12:20:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/whod-buy-a-car-park-space-for-hk4-8-million-someone-on-conduit-road-just-did\/"},"modified":"2016-10-27T19:28:53","modified_gmt":"2016-10-27T12:28:53","slug":"whod-buy-a-car-park-space-for-hk4-8-million-someone-on-conduit-road-just-did","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/whod-buy-a-car-park-space-for-hk4-8-million-someone-on-conduit-road-just-did\/","title":{"rendered":"Who\u2019d buy a car park space for HK$4.8 million? Someone on Conduit Road just did"},"content":{"rendered":"


\nThe 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.
\nThe sale of the 135-square feet space at 55 Conduit Road was a confirmor deal, where properties are resold before the original transaction had been completed, according to documents filed at Hong Kong\u2019s Land Registry.
\nThe original owner, who hailed from mainland China, bought a unit in the apartment…
\n
\nSource : South China Morning Post
\nRead more…Who\u2019d buy a car park space for HK.8 million? Someone on Conduit Road just did<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The car parking space of a luxury apartment at the Mid-Levels on Hong Kong island...<\/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-31870","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\/p75ss1-8i2","jetpack-related-posts":[{"id":30505,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unit-at-39-conduit-road-luxury-project-in-hong-kong-offered-for-22pc-less\/","url_meta":{"origin":31870,"position":0},"title":"Unit at 39 Conduit Road luxury project in Hong Kong offered for 22pc less","date":"October 18, 2016","format":false,"excerpt":"\r A distressed unit at Hong Kong\u2019s 39 Conduit Road luxury development on the Mid-Levels will be offered for auction at HK$30 million, or 22.22 per cent, less than the price it was sold for in 2014. The 2,355 square foot unit on the 39th floor will be auctioned with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10652,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreclosed-luxury-flat-at-hong-kongs-39-conduit-road-offered-for-hk37m-less-than-price-paid-in-2014\/","url_meta":{"origin":31870,"position":1},"title":"Foreclosed luxury flat at Hong Kong\u2019s 39 Conduit Road offered for HK$37m less than price paid in 2014","date":"April 14, 2016","format":false,"excerpt":"\r A distressed residential unit at Hong Kong\u2019s prestigious 39 Conduit Road luxury development in Mid-Levels will be offered for auction at HK$37 million less than the price paid for it in 2014, a discount of 27 per cent.\r \r Source : South China Morning Post\r Read more...Foreclosed luxury flat\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":396,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-flat-sells-for-record-hk594-7-million\/","url_meta":{"origin":31870,"position":2},"title":"Hong Kong luxury flat sells for record HK$594.7 million","date":"December 31, 2015","format":false,"excerpt":"\r \r A luxury apartment in Hong Kong that sold for a record HK$594.7 million (Dh281.8m) days before Christmas, has become the most expensive flat in the city and possibly in Asia.An unidentified buyer paid more than HK$103,700 per-square foot for the 5,732 square-foot unit at the luxury 39 Conduit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31576,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-flat-at-39-conduit-road-withdrawn-from-sale-after-bids-fail-to-meet-reserve-price\/","url_meta":{"origin":31870,"position":3},"title":"Luxury flat at 39 Conduit Road withdrawn from sale after bids fail to meet reserve price","date":"October 25, 2016","format":false,"excerpt":"\r The distressed flat at the luxury 39 Conduit Road luxury development in Mid-Levels has been withdrawn from auction on Tuesday after bids fell short of the reserve price, the auctioneer said. The 2,355 square foot Unit A on the 39th floor received an opening bid of HK$105 million, about\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32405,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/someone-just-spent-usd620k-on-a-luxury-car-parking-space\/","url_meta":{"origin":31870,"position":4},"title":"Someone just spent USD620k on a luxury car parking space","date":"October 31, 2016","format":false,"excerpt":"\r Setting a new record On top of the price of the car itself, thats a lot of money. Image credit: Max Plocek\/Shutterstock A car parking space in Hong Kong was sold for a record HKD4.8 million (USD619,000) last week, setting a record for the most expensive of its kind\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":31870,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/31870"}],"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=31870"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/31870\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=31870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=31870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=31870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}