Flickr / Loïc Lagarde
- A single parking space in Hong Kong that was bought for $ 430,000 less than a year ago was just resold for $ 760,000.
- A local couple initially bought the spot in the luxury Ultima complex in 2017 and resold it nine months later for nearly double that, setting a new property world record.
- Hong Kong continues to break property records, and the Ultima complex now tops of the list of most expensive places in the world to park a car.
A single parking space in Hong Kong that was bought for $ 430,000 less than a year ago was just resold for HK$ 6 million ($ 760,000), setting a new property world record.
The parking space at the luxury Ultima project located in the Kowloon district was initially bought in September 2017 by a local couple for HK$ 3.4 million ($ 430,000), according to land registry documents seen by the South China Morning Post. See the rest of the story at Business Insider
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