Hong Kong (CNN) — Hong Kong is a global financial capital, a haven for foodies — and also a place where it can be more expensive to keep a car than to own a home.
The space is in front of The Center, a 79-floor steel office tower in Hong Kong’s busy Central neighborhood. Companies like DBS Bank and the Robertsons Solicitors law firm have office space there.
Cheung had owned four of the 400 available spaces at The Center, and had previously sold the other three for six-figure sums.
And it’s not only parking that comes at a high price in the city.
The Center is Hong Kong’s fifth-tallest building.
The timing of the parking space sale is certainly interesting. With anti-government protests taking place in Hong Kong enter their fifth month, there have been questions about whether the city’s reputation as a financial center is at risk.
For office workers who do not have the ability to pay for a coveted The Center parking space, a ride on the MTR subway system can be had for less than $10.