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Parking lot sold in Hong Kong

2019-10-24T23:28:40.819Z


The scarcity of space in the economic metropolis of Hong Kong drives real estate prices to absurd heights: A parking space in a skyscraper has now been sold for $ 969,000.



The "South China Morning Post" writes of "the most expensive place in the world to park his vehicle": The businessman Johnny Cheung Shun -yee has therefore sold a parking space in the office tower "The Center" in Hong Kong - for 969,000 US dollars, converted So about 872.660 euros.

According to the paper, Cheung is one of the ten investors who paid $ 5.15 billion for The Center last year. He had a total of four parking spaces in the skyscraper, the last of which now changed hands. Who the buyer is, did not betray Cheung. He just said that it was someone working in an office in the building. "The buyer needs a parking space now."

For just under a million dollars, the buyer purchased the approximately 12.5 square meters P1-1023 pitch. This award underscores once again Hong Kong's financial inequality, writes the South China Morning Post. In the city, therefore, almost one in five residents live below the official poverty line.

The Center has a total of 73 floors and 402 parking spaces. Two of them, which were also owned by Cheung, were sold in August this year for a total of 1.46 million euros.

Source: spiegel

All business articles on 2019-10-24

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