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Brunei
Wednesday, October 5, 2022
23.2 C
Brunei
Wednesday, October 5, 2022
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    HK parking space sells for USD1.3M

    UPI – A parking space in an affluent Hong Kong neighbourhood sold for USD1.3 million – a new world record.

    The parking space at the luxury Mount Nicholson residential project was sold by Wharf Holdings Ltd and Nan Fung Group sold for a total USD1.3 million to an unidentified buyer.

    The price for the 134.5-square-foot parking space amounts to about USD9,500 per square foot.

    The sum beat the previous world record for the most expensive parking spot: a USD969,000 space sold at the 79-storey Hong Kong office tower The Center in October 2019.

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