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3Novices:Safe as car parks? Hong Kong parking spaces outperform home prices over 12 year period

Prices for Hong Kong car parks have outperformed the housing market over the last dozen years, amid shrinking supply and a buoyant market ready to bid up real estate themes in the era of ultra low interest rates.
“Strong demand and rising investment interest will continue to boost prices for car parking spaces,” said Dorothy Chow, a regional director of valuation advisory services at JLL
Underscoring the heated market, Hong Kong took the No 1 spot globally for car parks last week…
June 20, 2017 at 08:30AM http://ift.tt/2rPe1Cw
#3Novices #News #OnlineMedia #China 3Novices China

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