Carpark Space for HK$4.8 Million
The carpark space of a luxury apartment in Mid Levels on Hong Kong island was sold for HK$4.8 million (US$619,000) on Thursday, setting a record for the most expensive lot in Hong Kong. The sale of the 135 square feet carpark was at 55 Conduit Road
“The carpark space of a luxury apartment in Mid Levels on Hong Kong island was sold for HK$4.8 million (US$619,000).”
~South China Morning Post
The original owner bought a unit in the complex with the parking space for HK$56 million last month. He sold the lot to another resident, who already owns a parking space. It is now more expensive to own a carpark space at Mid Levels than to have a household in Sha Tin, north of island across Victoria Harbour.
Related Reports: South China Morning Post
The Wealth Insider is the world’s leading wealth intelligence for global wealth managers, investments managers, asset managers, high net-worth service providers and wealthy individuals. Our global workforce seamlessly present the inside news of the most relevant news, insights, global wealth trends, innovation & digital transformation to our global audience.
Get The Wealth Insider Daily
- For Press Release, please contact email@example.com
- For Media-related enquiries, please contact firstname.lastname@example.org
- For Advertisement, please contact our official ad agency