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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