A parking place in Hong Kong was just sold for nearly $1 million, making it the most expensive parking spot on earth.
The parking bay at The Center, a 73-story Hong Kong office tower that held the 2018 world record as the costliest commercial building ever sold, changed hands recently for HK$7.6 million ($969,000).
Johnny Cheung Shun-yee, one of the 10 investors in the consortium that paid $5.15 billion last year for The Center, told the South China Morning Post that he had sold the last of his four car parks in the tower to someone who owns an office in the same building.
“The buyer now needs a car park lot,” Cheung said. He declined to identify the person.
The transaction was made duri
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Oct 23, 2019