Parking bays in a West Kowloon shopping centre in Hong Kong. Photo: Nora Tam

Hong Kong’s favourite speculative bet is burning investors as protests puncture bubble in parking lot prices

  • Transactions of parking spaces this year have dropped 39 per cent, on course for the lowest annual total since 2009
  • Protests have burst the bubble as losses emerge in transactions this year, versus spectacular windfalls in 2018
Topic |   Hong Kong property

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Parking bays in a West Kowloon shopping centre in Hong Kong. Photo: Nora Tam
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Lam Ka-sing

Lam Ka-sing

Lam Ka-sing is a business reporter who covers property affairs and results. He joined the Post in 2017 and has a degree in international journalism from Hong Kong Baptist University.