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  1. Smart investors turn tidy profit on car parking spaces

    Posted Jan 19th 2011, 12:00am by Yvonne Liu

    ... as a growing number of investors explore alternatives to conventional investment targets. Andrew Chan, an insurance industry executive, needs no convincing that car parking spaces are good investments. ... and a mortgage if I couldn't sell the unit before the completion date of the deal,' said Chan. After weighing up the alternatives, he decided that car parking spaces, on offer at the time ...

  2. Ruling on car park issue reserved

    Posted Nov 09th 2011, 12:00am

    ... of an underused car park at the Cheung Kong Center into a supermarket. Turbo Top, the registered owner of the land at the junction of Queen's Road Central and Garden Road, accused the board of misusing its power by rejecting its application to convert 78 parking spaces into a retail shop and for saying that all 800 public car spaces had to remain intact. The firm said its application ...

  3. New rules fail to stamp out car-parking podiums

    Posted Apr 04th 2011, 12:00am

    ... Olga Wong Massive car-parking podiums that have become urban eyesores may still be allowed under new rules that came into force last week. The new policy restricts the floor space ... car parks of two to four storeys above ground while being given extra floor space to build more flats. 'The whole parking requirements should be revamped,' Polytechnic University ...

  4. Toy mogul in fresh controversy over car park

    Posted Sep 06th 2011, 12:00am

    ... Joyce Ng, Jennifer Ngo and Ng Kang-chung Toy tycoon Francis Choi Chee-ming has been plunged into a new land-use controversy after a basement car park at his Kowloon City mall was found ... Department's approval and paying a premium. Officers inspected the site last week after complaints. Francis Choi yesterday admitted to a plan to convert the car park into part of the mall, ...

  5. Government shown real way to conserve Central

    Posted Feb 18th 2011, 12:00am by Staff Reporter

    ... once again stroll through the open spaces between the government buildings. But otherwise, advice from a government-commissioned consultancy report to legislate for a 'special protected area' to protect Government Hill has been ignored, while the West Wing will make way for another high-rise commercial block with the usual shopping mall and car park. It is difficult to see how ...

  6. On the market

    Posted Jun 15th 2011, 12:00am

    ... with a gross area of 1,571 sqft plus a 1,478 sqft roof and one car parking space. There is easy access to transport and it is a 10-minute drive to Central. The property is vacant. Asking price ... the new buyer. It comes with six-star clubhouse facilities and good management services. Asking price is HK$150 million, including two car parking spaces. Agent: Rex Tam of Jones Lang LaSalle ...

  7. Case argued for supermarket at Li Ka-shing's HQ

    Posted Nov 08th 2011, 12:00am

    ... to convert 78 car park spaces at the Cheung Kong Center in Central into a supermarket. Turbo Top, registered owner of the land at the junction of Queen's Road Central and Garden Road, argued in the Court of First Instance that the Town Planning Board misused its power in requiring the company to keep 800 public car park spaces under a rezoning plan. The company, which has Hutchison ...

  8. Hutchison-linked firm in retail zoning row

    Posted Apr 13th 2011, 12:00am

    ... Maggie Ng A company associated with Li Ka-shing's Hutchison Whampoa has mounted a legal challenge to a rezoning that blocked its plan to convert 78 car park spaces at the Cheung Kong ... lease, which included a minimum of 800 car parking spaces, restrictions on the area that could be used for retailing and a minimum area of public open space. Turbo Top objected to the re-zoning ...

  9. Activists fear zoning changes will cut open public space

    Posted Jan 21st 2011, 12:00am by Chloe Lai

    ... Chloe Lai Moves to turn a public car park inside tycoon Li Ka-shing's corporate headquarters into a supermarket have sparked fears that the government could be preparing the groundwork to slash the amount of open public space in Central District. Hutchison Whampoa- which manages the 62-storey Cheung Kong Center- want to convert 78 of 800 public car parking spaces inside ...

  10. TIGHT supply

    Posted Nov 25th 2011, 12:00am

    ... William Wadsworth The Transport Department estimates Hong Kong has 631,000 car parking spaces, of which 203,000 are for public use and 428,000 for private use. Yet demand continues ... International's Global Parking Rate Survey 2011. 'Luxury property-owning car lovers can consider buying car parking spaces as the capital value is expected to edge upwards', says Willis Mak, ...




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