- About 410 parking spaces have changed hands in first 18 days of December, rising from 299 during the same period in November
- Car parking turnover will ‘remain enthusiastic’: Ricacorp Properties executive
The sales of parking spaces in Hong Kong jumped about 37 per cent in the first 18 days of this month, as investors encouraged by the removal of the double stamp duty on non-residential property returned to the sector.
About 410 parking spaces have changed hands in this period, rising from 299 during the same period in November, according to Land Registry data. Only 237 parking spaces changed hands during a trough in the whole month of February.
The removal of the double stamp duty had benefited the sector, said Derek Chan, head of research at Ricacorp Properties. Transaction “figures show that turnover has become more upbeat. We believe car parking [turnover] will remain enthusiastic,” he said.
Source: SCMP (7:30am, 22 Dec, 2020 ) Read the Full Article
Ricacorp Mortgage Agency provide one-stop mortgage referral services including free referrals, personalised advice on mortgage choices and end-to-end mortgage application service.
Contact us by phone or whatsapp anytime
Service Hotline: 2836 6121 / 2836 6183
RicaMortgage Pro APP provides one stop mortgage support, tools and services to help you find out which mortgage loans that best suits your financial situation.IOS user: http://apple.co/1Nbxhzo
Android user: http://bit.ly/1IJhbJb