Space Price for a Parking Space – Real Estate News



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Parking spaces have always been a corner, that's why their price is quite high. Hong Kong, however, breaks all records, both per square meter of living space, parcel and parking space. A parking space for $ 765,000 was sold in the luxury district of Ho Man Tin. A car collector says that the price of the property is crazy and that for the same price, he can buy five cars. He himself transported two of his cars – 1968 Mercedes-Benz 600 Pullman and a California Fiat Abarth in 1957, as their parking was much cheaper

The average price of a parking spot in Hong Kong moves about $ 290,000. In the last 10 years, it has increased by 6 times. For comparison, the price for the same period increased by 3.4 times.

From January to the end of June this year. in Hong Kong are sold parking spaces totaling 1.3 billion USD. For the same period last year, it was $ 838 million, according to Midland Realty Services Ltd.

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