In February, 163 parking spots changed hands in Hong Kong, worth a total of HK$239 million. Photo: Felix Wong In February, 163 parking spots changed hands in Hong Kong, worth a total of HK$239 million. Photo: Felix Wong
In February, 163 parking spots changed hands in Hong Kong, worth a total of HK$239 million. Photo: Felix Wong
Business

Sales of parking spaces in Hong Kong dry up as investors hold back amid stalling economy, coronavirus

  • Sales of parking spots plunged 66 per cent to a five-month low in February as the combined impact of last year’s social unrest and the coronavirus hurt the market
  • Despite the massive slowdown in sales, there were still some eye-watering deals in the famously lucrative market

Topic |   Hong Kong property
Kathleen Magramo
Kathleen Magramo

Updated: 8:36pm, 17 Mar, 2020

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In February, 163 parking spots changed hands in Hong Kong, worth a total of HK$239 million. Photo: Felix Wong In February, 163 parking spots changed hands in Hong Kong, worth a total of HK$239 million. Photo: Felix Wong
In February, 163 parking spots changed hands in Hong Kong, worth a total of HK$239 million. Photo: Felix Wong
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