This Hong Kong car park costs more than most super cars.  Find out why

This Hong Kong car park costs more than most super cars. Find out why

Getting a parking space in a crowded city can be a difficult thing for sure. But have you ever heard of a $ 1.3 million parking lot? It sounds ridiculous but it’s very real. In any city in India you can start calculating how much parking you can buy with that money.

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BBC News reported that a car park had been sold in a luxury space in Hong Kong’s The Peak residential area for $ 1.3 million. With this amount you can buy most of the super cars available in the world.

Wondering what you can buy with this amount of money? Well Pagani Huayra, 2022 Porsche 911 GT3, Porsche 918 Spyder can be yours in this or even at a lower price.

The question certainly arises: why is parking so expensive in Hong Kong? Hong Kong is crowded and offering a space here attracts a huge premium. Be able to live or park the vehicle.

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The development of Mount Nicholson overlooking the city’s Victoria Harbor is home to some of Asia’s most valuable homes.

As a global financial hub, Hong Kong is crowded and one of the most expensive places to live. Getting a space in the city to live or park your car can attract a tremendous reward.

Like many other big cities around the world, Hong Kong has also developed a huge speculative market, and $ 1.3 parking is just the result.

Interestingly, getting a parking lot for a Fortune is not new in Hong Kong. Previously, a Hong Kong car park received $ 980,000 in 2019.

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