Do you get a free car with that?

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Rum
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Do you get a free car with that?

Post by Rum » Thu Jun 15, 2017 6:09 pm

I stay in touch with the news in Hong Kong becayuse I grew up there. This twattery: http://www.scmp.com/property/hong-kong- ... l#cxrecs_s


A Hong Kong executive has paid HK$5.18 million (US$664,260) for space to leave his vehicle, setting yet another record in the costliest major urban centre on earth to become the owner of the world’s most expensive car parking spot.



Kwan Wai-ming, the executive director of Huarong Investment Stock Corp, paid the record price for

his third parking spot at the Upton apartment complex in western Hong Kong’s Sai Ying Pun. He had already spent a total of HK$88.55 million since 2014 for two apartment units, and three parking spaces at the 48-storey complex.

Lot No 14 on the first floor of the tower measures 188 square feet (17.5 square metres), about 40 per cent bigger than the typical space, according to the data and records by the Land Registry.

The price paid by Kwan, 58, surpassed the HK$4.8 million record set last October at 55 Conduit Road at the Mid-Levels, the then world record holder for the costliest car park. Kwan could not be reached to comment.

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