“Bé, xấu, nhưng giá ngang mua nhà” – A Surprising Price for a Parking Slot
When it comes to parking in the heart of London, be prepared to pay a hefty sum. Recently, a parking slot was listed for sale at a staggering price of £225,000 (over 7 billion Vietnamese dong). The high price tag can be attributed to its prime location, just a short distance from Hyde Park, the largest royal park in London.
An Exclusive and Secure Parking Option
The seller claims that this parking slot provides a safe space for affluent individuals to store their valuable and expensive vehicles. Access to the parking area is restricted, requiring a special access card. Additionally, the parking area is equipped with 24-hour surveillance cameras, ensuring the utmost security and protection against scratches and theft.
However, there is one downside to this parking slot – its limited size. With a width of only 2.66 meters, it can accommodate only small-sized cars comfortably. For those who prefer larger vehicles, such as Range Rovers, it may be a tight squeeze.
Lane to the expensive parking slot. Image: The Sun
Is it Worth the Price?
Some argue that for a price exceeding 7 billion Vietnamese dong, the parking slot should come equipped with luxurious features such as central heating, panoramic lighting, and spacious surroundings. Interestingly, this price is equivalent to the average cost of an apartment in both Vietnam and the UK. According to Savills, a real estate research company, the average price of an apartment in Vietnam is 7 billion Vietnamese dong. Conversely, The Sun reports that the average house price in the UK is £306,000 (9.5 billion Vietnamese dong), while in Scotland it is £189,000 (5.9 billion Vietnamese dong).
Despite any drawbacks, the price tag of over 7 billion Vietnamese dong for a parking slot is not surprising in London. The city is known for its expensive parking spaces, particularly in central areas. This particular parking slot is located beneath Albert Court, a residential complex adjacent to the renowned Royal Albert Hall.
The parking space may not look as luxurious as its price suggests. Image: The Sun
London’s Lavish Parking Culture
Royal Albert Hall, often referred to as London’s “grand concert venue,” boasts the most expensive parking spots in the UK. In the past, parking slots in this area were listed for prices as high as £400,000 (12.5 billion Vietnamese dong) in 2014 and £1,275,000 (8.6 billion Vietnamese dong) in 2013.
On the other hand, the priciest parking spot in the UK, based on rental rates, can be found in the upscale neighborhood of Knightsbridge in West London. The daily parking fee reaches £83.4 (2.6 million Vietnamese dong), surpassing even the parking fine of £65 (2 million Vietnamese dong).
In conclusion, the parking slot with a price tag of over 7 billion Vietnamese dong may seem exorbitant, but it falls in line with London’s reputation for expensive parking spaces, particularly in prime locations such as Royal Albert Hall.