Hong Kong vehicle parking

Hong Kong vehicle parking is complicated to get to most places within a city because of minimal space, landscape nature, and various reasons. Virtually, there is no free parking available anywhere in the metropolitan.

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Types of parking in Hong Kong:

Meter parking:

Currently, the city has more than 18000-meter parking slots are available. On the weekdays, it opens from 8 am to midnight and available from 10 am to 10 PM on public holidays; Octopus only the option to pay the parking charges.

If the vehicle remains on a slot after the expiry time, you need to pay the assigned penalty( there are frequent checkings are available manually)

Government Multi-storey car parking:

Due to considering very tight parking space in a city, the government made several multi-story parking in Hong Kong, Kowloon, and New Territory. Some of the names of the area where this parking are available that list just for reference purpose only, which are: Kenedy Town Car Park, Star Ferry car Park, City Hall car park, Aberdeen Car park, Tin Hau car park, Kwai Fong Carpark, Tuen Wan Carpark, etc.

Some of them allow parking for the lottery system to get the monthly park or yearly, which I have seen in some places in the New Territory area. Made such arrangements to make the balance space and money.

Private parking:

Private parking termed as the parking space which is made in a private property or the block/tower for to use monthly basis (owned by the developer and collect money) or sell the flat to the owner so that they can use their way, but need to pay a small management fee for that.

Due to property price skyrocketing, the small car park space is the equal price as tiny 1-2 bedroom flats cost in New territory region.

Street parking:

The street parking is not good to make for a long time; it is just for  some exceptional circumstances like

Unload and offload the goods:

There are many shops, stores, restaurants, offices around the city.  They need goods to support daily business, a transport vehicle does this and completes their job about 5-10 minute. This is what street parking is all about; Everyone profits from this. Despite the solid purpose of the street parking, large number of drivers parking motor and sleeping inside the vehicle that I have seen a couple of dozen times in a street,

Other people reserve the street parking which will assign for quick movement, secured the space by putting old furniture, carpets for an hour or more, such scenario also simply available every day.

The driver waiting for the boss or Staff

Driving waiting his/her boss coming from office to down the road, which takes 4-7 minute for lift waiting time etc.

Temporary parking:

This lasts for a few days to a few months, some of the free space available like a developer gets the bid to make a tower or building before starting the project the room is empty; to fill up the space the developer or owner may think to use the area for temporary parking to earn some cash, it could be either as hourly or monthly basis

A couple of years back, I parked my Honda SUV in temporary parking near Tin Shui Wai MTR.  I chose that because it was significantly cheaper and I usually drive weekends or holidays only. I decided not to rent any slot on my building, which is three times more expensive than the outdoor temporary parking.

How much to pay for the parking in Hong Kong

This is a very big question Hong Kong parking is extremely expensive than any other country, virtually there is no free parking at all.The parking charges are depending upon the places, normally on the Hong Kong side, there’s no much space available so the parking charge per hour around $35 to $45 in Hong Kong and most of the Kowloon side, however, this can be changed even higher if space is a more shortage. And new territory area is about $10-$20

Buying car park space in Hong Kong

Of course, buying a car park in Hong Kong is a business, now just minimal parking of 2-3 meter, people are ready to pay to 5-7 million Hong Kong dollar, at that price can get the two bedrooms flat in the New Territory area.

Monthly parking:

It also depends upon the location, but in some places, people are charging $10,000 per month for the monthly parking fee; there is nothing available to people who are compelled to pay the cost as well, so it’s ridiculous. Average monthly parking is around $3000- $5500

Illegal parking and fine:

Minimal choices are there, you go with your family to meet relative’s house, check saw their private parking it’s complete, you see surrounding there is nothing possible and just put your car at the available but, it was not legal, you spent 2 hours at the relative’s home, while coming back, a minor penalty sticker on the car. I am having this situation basically at the beach meter parking while the maximum time limited exceeded and pay the penalty.

Shopping to rebate parking fee:

Not all the shopping mall do you have this facility but some of them have such arrangement if you buy the goods HKD 300- 400 or more dollar Parking cost 3-4 hours charges will be waived

Complimentary parking:

Some of the private car parking as well as Hong Kong airport they have a complimentary half an hour parking, this time person picks up or drop off the person at the Airport, similarly proves private parking picks up or drop off the goods of people and come back that is convenient for the taxi or another kind of vehicles.

Finally, we can say Hong Kong Vehicle parking is one of the tuff exercises; now it is so complex, how can it sustain the next 5-10 years now, and the further. A sort of new techniques and ideas need to adapt to resolve this problem. The population is growing, New business and different types of a startup are increasing day by day would make the new question about the parking and a significant challenge to the Government.

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