In the past five years, Vision Property has built up a portfolio of some 3,800 parking spaces mainly in Guangzhou and Foshan valued at nearly 1 billion yuan. Photo: Handout In the past five years, Vision Property has built up a portfolio of some 3,800 parking spaces mainly in Guangzhou and Foshan valued at nearly 1 billion yuan. Photo: Handout
In the past five years, Vision Property has built up a portfolio of some 3,800 parking spaces mainly in Guangzhou and Foshan valued at nearly 1 billion yuan. Photo: Handout

Hong Kong tycoon King Cho accumulates car parking spaces in Greater Bay Area betting on growth potential

  • Dubbed the ‘king of car parks’, Hong Kong investor King Cho plans to spend over US$100 million to grow his portfolio of car parking spaces in bay area cities
  • Market observers expect prices for car parking spaces in top bay area cities to rise between 5 and 8 per cent by the first quarter of next year

Topic |   China property
In the past five years, Vision Property has built up a portfolio of some 3,800 parking spaces mainly in Guangzhou and Foshan valued at nearly 1 billion yuan. Photo: Handout In the past five years, Vision Property has built up a portfolio of some 3,800 parking spaces mainly in Guangzhou and Foshan valued at nearly 1 billion yuan. Photo: Handout
In the past five years, Vision Property has built up a portfolio of some 3,800 parking spaces mainly in Guangzhou and Foshan valued at nearly 1 billion yuan. Photo: Handout
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