The Most Expensive Parking in the World

Hong Kong is the world’s largest city known for its high living costs and limited space. most densely populated one of the cities.

While property prices and rental prices are already quite high in this city, The most expensive parking lot in the world It is not surprising that it is here.

This parking lot is located in a luxury apartment building in The Peak district on Hong Kong Island.

In this area, known as one of the most prestigious and expensive areas of the city, there are many places for vehicles. Finding parking is a big problem.

The complex in which the parking lot is located provides services not only to residents, but also to high income individuals It is a region that also appeals to business people.

This being the case, the race to buy a parking space for rich people who do not want to deal with looking for a parking space for their luxury vehicles, It turned parking lots into an industry.

The value of this parking lot is exactly 1.3 million dollars!

Due to its limited land area and high population density, Hong Kong is constantly high demand A city that sees.

Parking spaces are very limited, especially in central areas, and this increases prices.

A system that maintains and even increases the value of the real estate market and parking spaces seen as an investment tool This also triggers expensiveness.

Moreover, properties and parking spaces located in elite areas are not only a necessity but also a status symbol is seen as.

In summary, although the parking lot in question is of standard dimensions, the area in which it is located its prestige and limited parking spaces Because it has such a high price tag.

So much so that this parking lot in The Peak area is a symbol of real estate and parking scarcity became.

Our other content that may interest you: