{"id":91942,"date":"2018-06-20T18:04:22","date_gmt":"2018-06-20T11:04:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyer-of-world-record-us760000-parking-space-is-boss-of-hong-kong-financial-company\/"},"modified":"2018-06-20T19:03:28","modified_gmt":"2018-06-20T12:03:28","slug":"buyer-of-world-record-us760000-parking-space-is-boss-of-hong-kong-financial-company","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyer-of-world-record-us760000-parking-space-is-boss-of-hong-kong-financial-company\/","title":{"rendered":"Buyer of world-record US$760,000 parking space is boss of Hong Kong financial company"},"content":{"rendered":"


\nOne 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.
\nJack Chan Siu-kit and Cheung Tsui-ling are the mystery buyers of the parking bay at the Ultima luxury residential development in Ho Man Tin, according to data released by the Land Registry on Wednesday.
\nThe pair forked out HK$44,444 per square foot for the space this month, handing the Hong Kong…
\n
\nSource : South China Morning Post
\nRead more…Buyer of world-record US0,000 parking space is boss of Hong Kong financial company<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

One of the Hong Kong residents who spent a jaw-dropping HK$6 million (US$760,000) on the...<\/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-91942","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-nUW","jetpack-related-posts":[{"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":91942,"position":0},"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":55241,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/parking-is-prime-in-hong-kong-property-market\/","url_meta":{"origin":91942,"position":1},"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":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":91942,"position":2},"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":91942,"position":3},"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":119890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-has-us132-million-in-limbo-as-its-purchase-of-shouson-hill-villas-in-hong-kong-hits-a-snag-amid-us-china-spat\/","url_meta":{"origin":91942,"position":4},"title":"Hang Lung has US$132 million in limbo as its purchase of Shouson Hill villas in Hong Kong hits a snag amid US-China spat","date":"January 28, 2021","format":false,"excerpt":"\r Hang Lung Properties, the Hong Kong buyer of the US government\u2019s real estate asset in Hong Kong, may have up to HK$1.027 billion (US$132.5 million) in limbo, as its purchase has been caught up in the souring diplomatic relations between Washington DC and Beijing.The developer paid HK$257 million as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85626,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-costs-more-than-an-apartment-in-hong-kongs-city-centre-a-car-parking-space\/","url_meta":{"origin":91942,"position":5},"title":"What costs more than an apartment in Hong Kong\u2019s city centre? A car parking space","date":"April 17, 2018","format":false,"excerpt":"\r A lot of people are proud of their cars, buffing them to a metallic shine on a Sunday afternoon or having the inside professionally cleaned. But how many of us would be prepared to pay the price of a small apartment to provide our beloved vehicle with its own\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\/91942"}],"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=91942"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/91942\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=91942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=91942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=91942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}