{"id":72235,"date":"2017-11-19T07:03:24","date_gmt":"2017-11-19T00:03:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/want-to-see-your-money-grow-buy-a-car-parking-space-in-hong-kong-instead-of-a-flat\/"},"modified":"2017-11-19T08:03:04","modified_gmt":"2017-11-19T01:03:04","slug":"want-to-see-your-money-grow-buy-a-car-parking-space-in-hong-kong-instead-of-a-flat","status":"publish","type":"post","link":"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\/","title":{"rendered":"Want to see your money grow? Buy a car parking space in Hong Kong instead of a flat"},"content":{"rendered":"


\nIf 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.
\nIt all comes down to supply and demand. Similar to the shortage of supply in the housing market, the availability of comparatively fewer parking spaces in the city has resulted in sky-high prices wherever there is demand, according to brokerage firm Mizuho Securities Asia.
\nA study conducted by the…
\n
\nSource : South China Morning Post
\nRead more…Want to see your money grow? Buy a car parking space in Hong Kong instead of a flat<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

If house values in Hong Kong have been rising for the past 18 consecutive months,...<\/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-72235","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-iN5","jetpack-related-posts":[{"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":72235,"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, 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":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":72235,"position":1},"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":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":72235,"position":2},"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":72235,"position":3},"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":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":72235,"position":4},"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":72235,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/72235"}],"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=72235"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/72235\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=72235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=72235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=72235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}