Hulhumale’ Smart Parking announced availability of 23 parking spaces for lease through a tender.
This is also the first-ever smart parking zone in the Maldives, located near the Hulhumale’ ferry terminal.
Interested parties are required to participate in the bidding process before 07th June 2023. The bidding will commence on the same day.
Urbanco announced that the starting price for the parking slots will be set at MVR1,500. Allocation of the slots will be determined using a point-based system, where each bidder will receive a certain number of points based on their bid. The bidders with the highest points will receive the parking spaces.
Guidelines for the Point System
- Highest bidders will receive 80 points
- Previous bid winners of Fithuroanu Parking Zone and residents of Fithuroanu Magu will receive 20 points
Urbanco also confirmed that only Maldivian citizens will be eligible to participate in the bid. Meanwhile, individuals who already possess another parking space will not be eligible for the slots.
It is strictly prohibited to sublease or transfer the parking space to another individual. The allocated parking slots are intended for the sole use of the registered owners, and a permit must be obtained in case an individual wants to park an unregistered vehicle.
This is the first of the several smart parking zones planned by Urbanco, that will be established in Hulhumale’.