Hong Kong Has The World’s Costliest Parking Spot That Sold For ₹9.5 Crore

Hong Kong Has World Costliest Parking Spot
by Suchismita Pal
by Suchismita Pal 1157

What’s now the costliest parking spot in the world has been sold at a whopping amount of 10 million Hong Kong dollars (approximately ₹9,50,91,100). The parking lot in Hong Kong covers a space of 134.5-square-foot and lies at the basement of the luxurious Mount Nicholson Development nestled on the city’s affluent ‘The Peak’ residential area. The Peak is a hill on the western half of Hong Kong Island and has an elevation of 1811 feet.

Hong Kong Has World Costliest Parking Spot

Picture Credits: Pixabay

Also Read: Victoria Peak In Hong Kong Offers You The Steepest Tram Ride In The World

The Parking Space Overlooks The Victoria Harbour

The parking space overlooks the magnificent Victoria Harbour, one of the swankiest residential apartments in the city. The amount shelled out for the parking lot is ‘negligible’ compared to the amount paid for the apartment, as told to South China Morning Post by William Lau, a sales director at Centaline Property Agency. Lau added that the purchaser had the requirement of the spot for personal use and not as an investment.

The previous record-breaking amount for a parking space was also in Hong Kong. According to Bloomberg, a spot in Hong Kong had fetched $980,000 ( approximately ₹7,13,26,360) in 2019. Paris, Hong Kong Top The List For Being The Most Expensive Cities To Live In During The Pandemic

Hong Kong Has World Costliest Parking Spot

Picture Credits: Pinterest

Also Read: Cruise Up For The Most Off-Beat Hong Kong Holiday Ever!

Other Striking Parking Lots Across The World

Last year, the capital city of India, Delhi got its first ‘fully automated’ tower parking with the capacity of parking 136 cars at a time.  The 17-storeyed tower parking in Delhi’s Green Park has four new-era towers and cars can be parked with the help of lifts. Sharjah Airport in that UAE has designated pink parking spaces specifically for women. Michigan Theatre in Detroit, USA is a parking lot that initially used to be a theatre and still has touches of it. Parc des Celestins, Lyon, France is a cylindrical parking lot and is one of the most remarkable parking lots in Europe.

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