Parking spaces have been less affected by the coronavirus pandemic and Hong Kong’s economic recession, compared with other property segments. Photo: Nathan Tsui
Parking spaces have been less affected by the coronavirus pandemic and Hong Kong’s economic recession, compared with other property segments. Photo: Nathan Tsui

Hong Kong parking space transactions rise as investors capitalise on removal of double stamp duty

  • About 410 parking spaces have changed hands in first 18 days of December, rising from 299 during the same period in November
  • Car parking turnover will ‘remain enthusiastic’: Ricacorp Properties executive

Parking spaces have been less affected by the coronavirus pandemic and Hong Kong’s economic recession, compared with other property segments. Photo: Nathan Tsui
Parking spaces have been less affected by the coronavirus pandemic and Hong Kong’s economic recession, compared with other property segments. Photo: Nathan Tsui
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