Furong’s parking spaces totaling 2.2 million crowns of HOS flats in Hong Kong record two records in ten days.

The more expensive the parking space, the more people must rush. A home-parked car park in Charming Garden, Mong Kok, was sold for less than a month. It was won by the same owner of the housing estate for $2.2 million. The price of parking spaces in the same estate on the 10th was 10% higher than the price of the parking spaces in the housing estate. Tseung Kwan O City of Cannes rose to the blue sky more parking spaces in less than a month to find out, the cost jumped more than 30% in a short time. Parking spaces recorded a series of high-priced transactions in succession, stimulating the market to seal up or increase the price of parking spaces. In the Rongrong Garden, at least six parking spaces were closed yesterday, and in Tseung Kwan O, there were also seven cases of closing and fare increase in the past three days.

Monthly rent more than 4000 yuan Return up to 2.6%

The high cost of parking space at Charming Garden has remained at the beginning of the year and it has already risen to the “two balls” mark. In the 21st Century, Li Zhenjie, the branch manager of Tianxia Branch, stated that the parking space on the 5th floor was sold out at a price of RMB 2.2 million yesterday. It was made from RMB 2 million from the parking space on the M floor of the same estate ten days ago (on the 8th). The record of parking spaces in all homes in Hong Kong pushed up 10%. The original owner bought it for $1.2 million in November 2016, earning RMB 1 million (approximately 83.3%).

According to reports, the home car parking space was priced at only RMB 2 million at the beginning of this month. Afterwards, the original owner was stimulated by another parking lot with a construction cost of RMB 2 million in the same estate. It immediately increased the price by RMB 200,000 to RMB 2.2 million. Another owner of the estate took over at a single price. Taking the current monthly rent of Charming Garden Car Park from about RMB 4000 to RMB 4,800, it means that the above buyers will only enjoy a return of 2.6% in return.

Furong Garden has a record-high cost of parking spaces, and owners have rushed to deploy “sitting on the ground”. Mr Lai said that at the moment, the market for the Evergreen Garden parking spaces “strictly talks about the owners wanting to sell their cars.” Yes, there were only 6 closed yesterday. The remaining two parking spaces that have not yet been increased have a flat price of 2.6 million yuan.

To touch the blue sky and touch the goods to make a profit of 620,000 a month

As for the blue sky caused by the demolition of parking spaces last month, a series of parking lot transactions were also reported. It was pointed out that one of the investors spent a total of RMB 1.86 million to purchase a single parking space for the housing estate on the 17th of last month, holding less than one month. At the beginning of this month, it was calculated at RMB 2.48 million and the book amounted to RMB 620,000 (approximately 33.3%). Hong Kong Estate Assistant Divisional Director Liu Haoqin bluntly stated that the shortage of parking spaces in Tseung Kwan O, and the owners’ “worry about selling”, accounted for at least seven cases of closure and fare increase in the past three days. Among them, a single parking space on the 1st floor of the 2nd floor of the Cannes Road, the original bid price of 2.1 million yuan, has recently raised the price to 2.5 million yuan, an increase of 19%. Another double parking space on the B2 floor of Tseung Kwan O Plaza will increase 8% to 2.7 million.

In addition to Tseung Kwan O, a number of parking spaces in various districts in the New Territories have also been used to break the ceiling. Siu Lun Court, Tuen Mun, had a parking space for 1.1 million yuan last month. It was the first parking lot in Tuen Mun with a cost of over RMB 1 million. However, the record was kept for less than a month. It was already the same on Saturday (16th). A double parking space on the first floor of the second phase of the housing estate was broken down by 1.2 million yuan, and a new high cost of parking spaces for the homes in the district was created. The original owner purchased a capital of 820,000 yuan in April of this year and seized 380,000 yuan in a short period of two months.