{"id":64473,"date":"2017-08-24T08:04:00","date_gmt":"2017-08-24T01:04:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-now-the-time-to-invest-in-a-hong-kong-parking-lot\/"},"modified":"2017-08-24T09:51:47","modified_gmt":"2017-08-24T02:51:47","slug":"is-now-the-time-to-invest-in-a-hong-kong-parking-lot","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-now-the-time-to-invest-in-a-hong-kong-parking-lot\/","title":{"rendered":"Is now the time to invest in a Hong Kong parking lot?"},"content":{"rendered":"


\nPrices 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.
\n
\nSource : cnbc.com
\nRead more…Is now the time to invest in a Hong Kong parking lot?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Prices for car park spaces might have risen more than secondary homes in the past...<\/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-64473","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-gLT","jetpack-related-posts":[{"id":110038,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/smart-technology-could-get-cars-off-the-roads-in-hong-kong-and-into-parking-spaces-faster\/","url_meta":{"origin":64473,"position":0},"title":"\u2018Smart\u2019 technology could get cars off the roads in Hong Kong and into parking spaces faster","date":"August 20, 2019","format":false,"excerpt":"\r Automobiles 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\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":64473,"position":1},"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":[]},{"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":64473,"position":2},"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":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":64473,"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, 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":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":64473,"position":4},"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":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":64473,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/64473"}],"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=64473"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/64473\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=64473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=64473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=64473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}