Hong Kong Parking Spot Goes for $1.3 Million, Shattering World Record Amid Space Shortage
On 6/3/21 at 12:07 PM EDT
A parking spot in a luxury estate in Hong Kong sold for $1.3 million, breaking the record for the most expensive parking spot, which sold in 2019 for $1.29 million and is also in Hong Kong.
Mount Nicholson, the epitome of extravagant living in Hong Kong, is a residential development in The Peak a hill on the western half of Hong Kong Island. Developed by Wharf Holdings and the Nan Fung Group, parking spaces in the area are sold to the highest bidder, and the
South China Morning Post reported that this most recent parking space went for HK$10 million, which comes to $1.3 million in American currency.
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