{"id":58428,"date":"2017-06-20T10:00:55","date_gmt":"2017-06-20T03:00:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/safe-as-car-parks-hong-kong-parking-spaces-outperform-home-prices-over-12-year-period\/"},"modified":"2017-06-20T10:11:17","modified_gmt":"2017-06-20T03:11:17","slug":"safe-as-car-parks-hong-kong-parking-spaces-outperform-home-prices-over-12-year-period","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/safe-as-car-parks-hong-kong-parking-spaces-outperform-home-prices-over-12-year-period\/","title":{"rendered":"Safe as car parks? Hong Kong parking spaces outperform home prices over 12 year period"},"content":{"rendered":"


\nPrices 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.
\n\u201cStrong demand and rising investment interest will continue to boost prices for car parking spaces,\u201d said Dorothy Chow, a regional director of valuation advisory services at JLL
\nUnderscoring the heated market, Hong Kong took the No 1 spot globally for car parks last week…
\n
\nSource : South China Morning Post
\nRead more…Safe as car parks? Hong Kong parking spaces outperform home prices over 12 year period<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Prices for Hong Kong car parks have outperformed the housing market over the last dozen...<\/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-58428","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-fco","jetpack-related-posts":[{"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":58428,"position":0},"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":118070,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-plan-to-add-more-car-parks-wont-resolve-shortage-exorbitant-prices-of-spaces-in-near-term-analysts-warn\/","url_meta":{"origin":58428,"position":1},"title":"Hong Kong\u2019s plan to add more car parks won\u2019t resolve shortage, exorbitant prices of spaces in near term analysts warn","date":"August 4, 2020","format":false,"excerpt":"\r A government plan to increase the supply of car parking space in Hong Kong would do little to resolve the chronic shortage that supports their eye-watering prices in the near term, analysts said.The new proposals include building new car parks on land designated for \u201cgovernment, institution or community\u201d use\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":58428,"position":2},"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":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":58428,"position":3},"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":64473,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-now-the-time-to-invest-in-a-hong-kong-parking-lot\/","url_meta":{"origin":58428,"position":4},"title":"Is now the time to invest in a Hong Kong parking lot?","date":"August 24, 2017","format":false,"excerpt":"\r Prices for car park spaces might have risen more than secondary homes in the past 12 years, but yields on parking space are only at 2 percent now, says Denis Ma of JLL.\r \r Source : cnbc.com\r Read more...Is now the time to invest in a Hong Kong parking\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":58428,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/58428"}],"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=58428"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/58428\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=58428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=58428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=58428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}