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Stuart G

(38,414 posts)
Thu Oct 24, 2019, 11:53 AM Oct 2019

Hong Kong Parking Space Sells for One Million Dollars: CNN

No,,,I did NOT...repeat...Did Not...make this up..Hit the link and read about it...


https://www.cnn.com/travel/article/most-expensive-parking-space-hong-kong-intl-hnk/index.html

Hong Kong (CNN) — Hong Kong is a global financial capital, a haven for foodies -- and also a place where it can be more expensive to keep a car than to own a home.

Case in point: on October 24, businessman Johnny Cheung reportedly sold a 135-square-foot parking space for a whopping $969,000 to an as-yet-undentified buyer, according to the South China Morning Post.

The space is in front of The Center, a 79-floor steel office tower in Hong Kong's busy Central neighborhood. Companies such as DBS Bank and the Robertsons Solicitors law firm have office space there.

Cheung had owned four of the 400 available spaces at The Center, and had previously sold the other three for six-figure sums.

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