The average parking space now goes for about HK$2.25 million (US$286,668), a more than sixfold increase since 2006. Photo: Giulia Marchi/Bloomberg

‘Crazy’ HK$6 million price for parking space pushes Mercedes-Benz collector out of Hong Kong

Hong Kong car collector ships classics to California to save storage costs as city’s average parking space prices rocket to about US$286,668, a more than sixfold increase since 2006

Topic |   Hong Kong property

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The average parking space now goes for about HK$2.25 million (US$286,668), a more than sixfold increase since 2006. Photo: Giulia Marchi/Bloomberg
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