Perth Garden for Sale $0.85M | Ho Man Tin

Parking spaces in a prime Kowloon residential area, ideal for investment or personal use, are available for sale. Rarely seen parking spaces for sale in the ground floor of Buffalo Garden, Ho Man Tin, ranging from $850,000 to $1,680,000.
The first principle of investing (fundamental thinking)
The first principle of investment: Look for sustainable cash flow differences and capture the asset value revaluation brought about by cost structure changes.
The old rule was that the core cost of owning a gasoline-powered car was fuel expenses, which amounted to several thousand dollars per month. Many car owners were unwilling to pay extra for parking space rentals, making the barrier to car ownership relatively high.
New development: The energy cost difference between Hong Kong trams and gasoline vehicles is as high as 90%.
Gasoline-powered vehicles: Monthly fuel costs start at $5,000;
Streetcars: Electricity costs only $500–$1000;
Save $4,500–$9,000 per month.
The cash saved is enough to cover the parking space rental fee, with some left over.
This is not simply about "saving on electricity bills," but rather about significantly lowering the economic threshold for owning a private car.
Many people used to want to buy a car, but were held back by the ever-increasing cost of fuel; however, electric vehicles have reduced monthly operating expenses by 90%, making "car ownership" affordable and releasing the rigid demand for parking spaces.
Key points:
The core of this underlying logic is not the electric vehicle itself, but the energy cost revolution, which has changed the upper limit of users' willingness to pay for parking space rentals.
The value of a parking space asset essentially depends on how much money the car owner is willing to spend each month to cover parking costs.
In the era of gasoline cars, car owners' cash budgets were eroded by fuel costs; in the era of electric cars, fuel expenses are freed up and transformed into the abi

Parking spaces in a prime Kowloon residential area, ideal for investment or personal use, are available for sale. Rarely seen parking spaces for sale in the ground floor of Buffalo Garden, Ho Man Tin, ranging from $850,000 to $1,680,000.
The first principle of investing (fundamental thinking)
The first principle of investment: Look for sustainable cash flow differences and capture the asset value revaluation brought about by cost structure changes.
The old rule was that the core cost of ownin ...