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World’s Costliest Parking Space at Hong Kong Sold for almost $1 mn

The sale price, in a city where nearly one in five residents lived below the government-defined poverty line in 2017

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At 134.5 square feet, the cost of the Parking space breaks down to $7,209 ($56,505 HK) per square foot, which is three times the median price of a Hong Kong house. Pixabay

At the 73-story Hong Kong skyscraper “Center”, a pricey parking space reserved for executives and tenants was recently sold for an eye-popping $969,000 ($7.6 million in HK dollars), the media has reported.

Johnny Cheung Shun-yee, one of the 10 investors in the consortium that paid $5.15 billion last year for “The Center”, told that he had sold the last of his four car parks in the tower to someone who owns an office in the same building because “the buyer now needs a car park lot,” declining to identify the buyer, according to South China Morning Post.

Parking
At the 73-story Hong Kong skyscraper “Center”, a pricey Parking space reserved for executives and tenants was recently sold for an eye-popping $969,000. Pixabay

At 134.5 square feet, the cost of the parking space breaks down to $7,209 ($56,505 HK) per square foot, which is three times the median price of a Hong Kong house.

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The sale price, in a city where nearly one in five residents lived below the government-defined poverty line in 2017, underscores the wealth gap that has pushed Hong Kong into the worst political crisis in decades, the SCMP report added. (IANS)

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New Virus Can Spread Through Human Contact: China

China: Possible That New Virus Could Spread Between Humans

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Security guards stand in front of the closed Huanan wholesale seafood market, where health authorities say a man who died from a respiratory illness had purchased goods from, in the city of Wuhan, Hubei province, China. VOA

The possibility that a new virus in central China could spread between humans cannot be ruled out, though the risk of transmission at the moment appears to be low, Chinese officials said Wednesday.

Forty-one people in the city of Wuhan have received a preliminary diagnosis of a novel coronavirus, a family of viruses that can cause both the common cold and more serious diseases. A 61-year-old man with severe underlying conditions died from the coronavirus on Saturday.

While preliminary investigations indicate that most of the patients had worked at or visited a particular seafood wholesale market, one woman may have contracted the virus from her husband, the Wuhan Municipal Health Commission said in a public notice.

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Commuters wear protection masks inside a subway train in Hong Kong, China. VOA

The commission said the husband, who fell ill first, worked at the Huanan Seafood Wholesale Market. Meanwhile, the wife said she hasn’t had any exposure to the market.

It’s possible that the husband brought home food from the market that then infected his wife, Hong Kong health official Chuang Shuk-kwan said at a news briefing. But because the wife did not exhibit symptoms until days after her husband, it’s also possible that he infected her.

Chuang and other Hong Kong health officials spoke to reporters Wednesday following a trip to Wuhan, where mainland Chinese authorities briefed them on the outbreak.

The threat of human-to-human transmission remains low, Chuang said, as hundreds of people, including medical professionals, have been in close contact with infected individuals and have not been infected themselves.

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She echoed Wuhan authorities’ assertion that there remains no definitive evidence of human-to-human transmission.

The outbreak in Wuhan has raised the specter of SARS, or severe acute respiratory syndrome. SARS is a type of coronavirus that first struck southern China in late 2002. It then spread to more than two dozen countries, killing nearly 800 people. (VOA)