HONG KONG PARKING SPACE SELLS FOR RECORD $918,000.
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Last Updated on 08-Aug-2025
Residential and commercial buildings stand illuminated at night in Hong Kong.PHOTO: BLOOMBERG
HONG KONG (BLOOMBERG) - Hong Kong just set another property-price record. This time, it was for a parking space.
A 188-square-foot space on Hong Kong island sold for HK$5.18 million (S$918,000), or HK$27,500 a square foot, last month, newspaper Ming Pao reported on Wednesday (June 14), citing land registration records.
The carpark space cost more than some Hong Kong homes: Centaline Property data shows a HK$4.2 million sale of a 284-square-foot, two-bedroom home in Sha Tin, in the New Territories, in April.