Mobil parking space earned 300,000 for two weeks

The number of stalls in the parking lot was very high. The Land Registry information showed that a single parking space on the ground floor of Phase 5 of Mei Fung San Tsuen, Lai Chi Kiu Estate was “extracted” at $1.94 million at the end of June, creating a new high in the cost of a single carpark in the estate. Compared with the original owner, the purchase price in the same month was 1.638 million yuan, and it was up to 302,000 yuan in less than two weeks, earning 18.4%. Zhao Meixia, manager of the Hong Kong Property Bank Branch, said that the current monthly rent of Meifu New Village is about 3,200 yuan, which means that the rental return of the parking space has dropped from 2.3% to only 2% in the short term.