The Center, 99 Queen's Road Central, Central on 2 November 2017. Photo: Nora Tam

World’s most expensive parking space in Hong Kong changes owners for US$969,000, triple the city’s median home price

  • The transacted price is equivalent to US$7,205 per sq ft for a standard parking space that measures 134.5 sq ft, more than three times Hong Kong’s median home price
  • The seller, logistics heir Johnny Cheung Shun-yee, said he sold the last of his four spots in The Center to someone who owns an office in the same tower
Topic |   Property investment

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The Center, 99 Queen's Road Central, Central on 2 November 2017. Photo: Nora Tam
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