Asia Pacific, Luxury, News

Carpark Space for HK$4.8 Million

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

 


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