---
title: "Xie Qinghai spent 5.34 million to purchase a parking space at the Shun Tak Centre for personal use. The original owner held the property for two years, earning over 300,000 in profit"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263636573.md"
description: "The founder of Value Partners Group, Cheung Hai, purchased a parking space at Shun Tak Centre for HKD 5.338 million. The original owner bought it for HKD 5 million in May 2023, making a profit of HKD 338,000 after holding it for over two years. This transaction marks the first parking space sale at Shun Tak Centre this year, and transactions for parking spaces in this building are extremely rare"
datetime: "2025-10-31T01:15:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263636573.md)
  - [en](https://longbridge.com/en/news/263636573.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263636573.md)
---

# Xie Qinghai spent 5.34 million to purchase a parking space at the Shun Tak Centre for personal use. The original owner held the property for two years, earning over 300,000 in profit

The founder of Value Partners Group (00806.HK), Cheung Hoi, recently purchased a parking space on the 6th floor of the Sheung Wan Shun Tak Centre for HKD 5.338 million. The parking space is located on one side, and the original owner bought it for HKD 5 million in May 2023, holding it for over two years before selling it, realizing a profit of HKD 338,000 or 6.8%.

In March of this year, Cheung Hoi purchased a lower unit in the East Wing of the Shun Tak Centre for HKD 42.95 million. It is reported that this parking space purchase will be for personal use. The Shun Tak Centre rarely has parking space transactions, and this is the first transaction of the year for the building, with only one transaction for the entire last year

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