Stephen Sum of V+ Property gives a talk on investing in the Greater Bay Area, at the company’s office in Lai Chi Kok. Photo: Xiaomei Chen

Hong Kong property agents drum up demand for car parking spaces in Greater Bay Area, tout low investment of US$30,000

  • Some brokers are focusing on a niche segment that most investors from Hong Kong can afford to buy easily
  • Prices of parking bays in Zhongshan, a city in the Greater Bay Area, have witnessed a spike in recent transactions
Topic |   China property

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Stephen Sum of V+ Property gives a talk on investing in the Greater Bay Area, at the company’s office in Lai Chi Kok. Photo: Xiaomei Chen
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The Hong Kong-Zhuhai-Macau Bridge in Zhuhai, southern China. Beijing believes the ‘Greater Bay Area’ can grow into one of the most important metropolitan areas in the world. Photo: Bloomberg

Can China’s Greater Bay Area really rival the likes of Tokyo, New York and San Francisco?

  • It covers a geographical area equivalent to the land mass of Croatia and is the largest of the four metropolitan areas
  • At US$1.8 trillion in 2017, the GDP of the Greater Tokyo Area is largest among the four regions
Topic |   Greater Bay Area

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The Hong Kong-Zhuhai-Macau Bridge in Zhuhai, southern China. Beijing believes the ‘Greater Bay Area’ can grow into one of the most important metropolitan areas in the world. Photo: Bloomberg
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