DCH 420 million parking lot

DCH Holdings (01828) took out 377 parking spaces for 421 million yuan, with an average of 1.12 million yuan per car.

DCH said it had sold 377 parking spaces on the 8th and 9th floors of Regent Garden, Wang Kwong Road, Kowloon Bay, and on the rooftop parking lot. The investment involved was 421 million yuan, which averaged about 1.12 million yuan each. It is reported that the average cost of parking spaces in the housing estate is 1.2 million to 1.5 million yuan. The buyer is Jianbo Land Co., Ltd. The directors of the company are Dong Yaohui and Dong Yuji.