News

"Savills plc is pleased to announce the appointment of Nick Sanderson as Group Chief Financial Officer ("CFO") and as an Executive Director from his joining date, which is expected to be in Spring 2026. "

"Despite facing structural challenges such as interest rate pressure, softening demand, and oversupply, Hong Kong’s office market is gradually showing signs of a demand rebound. The recovery of the financial sector, active acquisitions by end-users, and policy-driven relocation demand are injecting new momentum into the market. In particular, Grade A buildings in Central are performing strongly, with rents expected to be the first to rebound in the coming years, according to Savills in its Market in Minutes – Hong Kong Office Leasing report for September 2025."

"International real estate firm Savills is delighted to announce the swift and successful completion of the transaction of House B, 29 Horizon Drive, Chung Hom Kok. The property was sold on an "as-is" and vacant possession basis for approximately HKD 98 million with a saleable area of around 3,354 square feet. In addition, Savills has been appointed as the sole agent for the sale of No.8 Stanley Road and G/F No.10A & G/F No.10B, Nos.10A & 10B Stanley Beach Road."

"International real estate firm Savills has been appointed as the sole agent for the sale of the boutique hotel located at 130–132 Portland Street, Mong Kok ("The Property"). The total site area of the Property is approximately 12,668 square feet, with a net site area of about 1,153 square feet, to be sold on 'as-is' basis with existing leases and licenses."

"Despite improvements in macroeconomy, Hong Kong’s industrial property market continued to face structural challenges and weak leasing confidence in Q2. Temporary easing of China–U.S. trade policies and lower funding costs injected some momentum into the market, but overall sentiment remained cautious, according to Savills in its Market in Minutes – Hong Kong Industrial Sales and Leasing report of September 2025. "

"Hong Kong’s investment market showed a significant rebound in Q2 2025, supported by a strong equity market performance, a temporary easing in funding costs, and wider asset discounts. Investor confidence improved, leading to a visible acceleration in transaction activity. Although the overall transaction value still recorded a year-on-year decline, transactions from May to August accounted for the majority of annual activity, reflecting a gradual recovery in market sentiment, according to Savills in its Market in Minutes – Hong Kong Investment report of September 2025. "

"SINGAPORE – Savills today announced the appointment of Emily Fell as Senior Director within its Asia Pacific Capital Markets team. Fell will focus on the firm’s regional strategy in the fast-growing Living Sectors, marking a significant step in Savills commitment to alternative asset classes."

"International real estate firm Savills has been appointed as the sole agent for the sale of Unit A and Unit B on 4th Floor with 2 flat roofs adjacent thereto and 8 car parking spaces, Union Hing Yip Factory Building, No. 20 Hing Yip Street, Kwun Tong ("The Property"). The Property will be sold on an “as-is” basis partly with existing tenancies and partly with vacant possession."

"In Q2 2025, Hong Kong’s retail sector continued to face structural challenges. The strong Hong Kong dollar and cross-border consumer spending diversion led to a loss of local purchasing power. Although inbound tourist arrivals increased by 16% year-on-year, this growth did not translate into actual retail sales. The overall quarterly retail sales rose by only 0.3%, reflecting weak market recovery momentum. However, amid the sluggish environment, value retail concepts and cultural-entertainment events emerged as bright spots. Japanese household goods brand 3 Coins opened in Causeway Bay, sparking a buying frenzy. Local budget furniture brand T.momo Shopping Mall accelerated its expansion, and financial institutions enhanced customer experience through physical flagship stores. Additionally, international events such as Art Basel and the Hong Kong Sevens attracted high-spending visitors, with hotel occupancy rates reaching 90%, demonstrating Hong Kong’s continued international appeal, according to Savills in its Market in Minutes – Hong Kong Retail Leasing report of August 2025."

"International real estate firm Savills has been appointed by the Government of Malaysia as the sole agent for the international public tender sale of Malaysia Building, 50 Gloucester Road, Wan Chai ("The Property"). The Property is a prestigious commercial asset located in one of Asia's most coveted business districts, with potential naming rights and exterior signage benefits. The site area is approximately 8,666 square feet, with a total gross floor area of around 129,950 square feet. The Property will be sold on an “as-is” basis with partially vacant and partially with existing tenancies. The international public tender closing date set at 12:00 noon (HKT) on Monday, 3rd November 2025."