World's Most Expensive Parking Spot Sold For Rs 9.5 Crore In Hong Kong
The 134.5-square-foot space is located in the basement of ultra-luxury residential apartments in the city of Hong Kong. It is being said that the amount paid for the parking space is negligible compared to what the buyer paid for the apartment.
In today's edition of 'Obscene amount of money people spend on useless things,' a parking spot has been sold for an all-time high price of 10 million Hong Kong dollars (approx Rs 9,50,91,100) is the world's most expensive parking lot now.
The 134.5-square-foot space is located in the basement of ultra-luxury Mount Nicholson Development that sits on ¡®The Peak,¡¯ a hill on the western half of Hong Kong. The development is called ¡°Asia¡¯s costliest address¡± by Daily Mail - it overlooks Victoria Harbour, which is one of the most luxurious residential apartments in the city.
Daily Mail
William Lau, a sales director at Centaline Property Agency, told South China Morning Post that the amount paid for the parking space is negligible compared to what the buyer paid for the apartment. He said that the buyer needed the spot for personal use as they need to park their cars and not as an investment.
Johnny Cheung Shun-yee is one of the 10 investors in The Centre - the 73-storey building featured in Batman ¡°The Dark Knight¡±. He confirmed to the local media outlet that someone who owns an office in the same building bought the last of his four car parks available in the tower.
The Center
The recently bought spot has an alcove, making it easier to get in and out of a car parked there.
