{"id":90530,"date":"2018-06-05T16:55:58","date_gmt":"2018-06-05T09:55:58","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-couple-earn-a-us330000-profit-in-nine-months-by-reselling-a-parking-space\/"},"modified":"2018-06-05T18:03:34","modified_gmt":"2018-06-05T11:03:34","slug":"hong-kong-couple-earn-a-us330000-profit-in-nine-months-by-reselling-a-parking-space","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-couple-earn-a-us330000-profit-in-nine-months-by-reselling-a-parking-space\/","title":{"rendered":"Hong Kong couple earn a US$330,000 profit in nine months \u2026 by reselling a parking space"},"content":{"rendered":"


\nA 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.
\nThe single parking bay at Sun Hung Kai Properties\u2019 Ultima apartment complex in the Kowloon district set a new world record on Monday, changing hands for HK$6 million (US$760,000), or HK$44,444 per square foot.
\nThe seller, a Hong Kong couple, had paid HK$3.4 million for it in September 2017, according to Land Registry documents.
\nThe price…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong couple earn a US0,000 profit in nine months \u2026 by reselling a parking space<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A Hong Kong couple pocketed a staggering HK$2.6 million (US$330,000) profit by reselling a car...<\/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-90530","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-nya","jetpack-related-posts":[{"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":90530,"position":0},"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":111816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-parking-space-at-the-center-in-hong-kong-changes-owners-for-a-record-hk7-6-million-triple-the-citys-median-home-price\/","url_meta":{"origin":90530,"position":1},"title":"Car parking space at The Center in Hong Kong changes owners for a record HK$7.6 million, triple the city\u2019s median home price","date":"October 23, 2019","format":false,"excerpt":"\r A parking bay at The Center, the 73-storey Hong Kong office tower that held the 2018 world record as the costliest commercial building ever sold, changed hands recently for HK$7.6 million (US$969,000), making it possibly the most expensive spot on earth to park a vehicle.Johnny Cheung Shun-yee, one of\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":90530,"position":2},"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":80601,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-flipping-by-property-developers-in-hong-kong-a-sign-that-house-price-growth-may-slow\/","url_meta":{"origin":90530,"position":3},"title":"Land flipping by property developers in Hong Kong a sign that house price growth may slow","date":"February 21, 2018","format":false,"excerpt":"\r Property developers in Hong Kong are accelerating their disposals of land bought from the government, suggesting they are keen to contain risks at a time when home prices in the city have surged to records, according to industry experts. In the past eight months, five developers have pocketed quick\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55241,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/parking-is-prime-in-hong-kong-property-market\/","url_meta":{"origin":90530,"position":4},"title":"Parking is prime in Hong Kong property market","date":"May 18, 2017","format":false,"excerpt":"\r The most expensive plot of land ever sold in Hong Kong is a public car park squeezed between Cheung Kong Center and Hutchison House, two major flagship buildings owned by the city's richest man Li Ka-shing.The HK$23.3 billion (Dh10.99bn) site at Murray Road, in the heart of Hong Kong's\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172350,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-firms-up-balance-sheet-as-hong-kong-home-sales-cushion-profit-slump\/","url_meta":{"origin":90530,"position":5},"title":"Wharf firms up balance sheet as Hong Kong home sales cushion profit slump","date":"August 11, 2026","format":false,"excerpt":"\r Hong Kong developer Wharf (Holdings) is increasingly relying on Hong Kong\u2019s luxury-home market to offset weakness in mainland China, while paring investments and building up cash as it navigates an uncertain outlook. Revenue from Wharf\u2019s Hong Kong development properties nearly tripled to HK$1.35 billion (US$172 million) from HK$475 million\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\/90530"}],"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=90530"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/90530\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=90530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=90530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=90530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}