Posted inChina, Hong Kong, World

Homeowners are put in a tight spot when they want to buy car

In Hong Kong, a city where it is almost impossible to buy a two-room apartment for less than HK$10 million (US$1.27 million), small is beautiful, and definitely profitable. So it should come as no surprise that a tiny carpark space in Kowloon has sold for a world-record price. The patch of concrete at the luxurious Ultima housing estate […]

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