Hong Kong Parking Space Sells for Record $664,300, Ming Pao Says

  • Car park cost more than some two-bedroom homes in the city
  • Sale price was HK$27,500 per square foot, newspaper says
Photographer: Justin Chin/Bloomberg
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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 ($664,300), or HK$27,500 a square foot, last month, newspaper Ming Pao reported Wednesday, citing land registration records.