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Showing posts with the label penthouses on Park Island

Permanent taxi access to Park Island confirmed

Well, you heard it from me first in my earlier post on the Park Island blog: http://parkislandhongkong.blogspot.sg/2012/10/247-taxi-access-is-coming-to-park-island.html I can now confirm, Park Island has been opened up to 24/7 taxi access. I really feel this is long over due, and I suspect the reason why it was not granted sooner was that the ferry service operator was trying to protect its monopoly on public access to Park Island. A number of people predicted this would happen, and they clearly were now correct. We must again thanks Justin Tseng who has been pushing for open taxi access to be granted. In my earlier post I speculated that if confirmed, the increased taxi access might lead to minor price increases on Park Island, as higher income earners, who are less prices sensitive and who are willing to pay extra for the ease of taxis rather than the ferry or the bus, will be more inclined to rent or buy on Park Island knowing that Park Island has 24/7 taxi acc