News

"International real estate firm Savills has been appointed as the sole agent for the sale of Commercial Units on G/F, M/F,1/F and 2/F of Nob Hill, 8 King Lai Path, Mei Foo, Kowloon ("The Property"). The Property has a gross floor area of approximately 100,600 square feet and is being sold on an "as-is" basis with existing tenancies. The Expression of Interest closing date is scheduled for noon on 22 October, 2025 (Wednesday)."

"International real estate firm Savills has been appointed as the sole agent for the sale of House 21, Le Cap, No. 83 Lai Ping Road, Kau To Shan ("the Property"). The Property has a saleable area of approximately 2,043 square feet and an ancillary area of around 896 square feet. It will be sold on an “as-is” basis with vacant possession."

"The auction sale of Hong Lok Building, Nos. 77, 79, 81, 83, 85, 87, 77A, 81A and 85A Marble Road under the Land (Compulsory Sale for Redevelopment) Ordinance through Savills was held today. The property was sold at the reserve price of HK$600 million to Excellent Group Inc Ltd."

"International real estate firm Savills has been appointed as the sole agent for the sale of Mid Floor, Hong Kong Industrial Building, Nos. 444 - 452 Des Voeux Road West, Hong Kong (the "Property"). The Property has a gross floor area of approximately 16,030 square feet (area not verified) and is being sold on an as-is basis with existing tenancy. The indicative price is HKD 79 million, representing a unit price of around HKD 4,928."

"International real estate firm Savills has been appointed as the sole agent by the vendor for the sale of No. 39 Morrison Hill Road, Causeway Bay ("The Property"). The total gross area of the Property is approximately 55,238 square feet, with a site area of about 3,112 square feet. The Expression of Interest closing date is scheduled for noon on 15 October, 2025 (Wednesday). In addition, the Property is concurrently open for whole-block leasing. The Expression of Interest closing date is scheduled for noon on 8 September, 2025 (Monday)."

"International real estate firm Savills (Macau) Limited announced today the successful facilitation of Macau's first hotel property transaction in 2025 - The 13 Hotel, located at Lot 1, Aterro da Concórdia, Estrada de Seac Pai Van, Coloane, Macau. The HKD 600 million transaction culminates five years of dedicated effort, highlighting the team's professional execution while serving as key market validation for Macau's “non-gaming elements” policy."

"International real estate firm Savills is delighted to announce the successful completion of the transaction of No.7 Old Bailey Street, Central (the "Property"). The Property was sold on an “as is” basis with existing tenancies at a transaction price of approximately HKD 56 million. The Property is a six-storey commercial and residential building with a site area of approximately 1,318 square feet and a total gross floor area of about 5,561 square feet."

"Hong Kong residential leasing market demonstrated robust performance in the first quarter of 2025, extending its upward trend over the past five months with quarter-to-date increase of 0.94% and a notable year-on-year increase of 3.64%. This growth is primarily driven by strong demand from Asian professionals and returning expatriates, particularly tenants from Mainland China, Singapore, India, and Europe. Tight supply of high-quality rental properties, coupled with the approaching peak season, has further pushed rental prices upward. The market has seen several high-profile transactions, including luxury leases a house in Southside and Mount Nicholson, reflecting strong demand in the high-end segment. Meanwhile, cost-effective areas such as Nam Cheong and Kai Tak are attracting young families and professionals. With the traditional leasing peak season from May to August approaching and the "Top Talent Pass Scheme" continuing to draw talent to Hong Kong, Savills forecasts a full-year rental growth of approximately 5% in 2025, with optimistic market prospects. For detailed analysis, please refer to the attached report. For detailed analysis, please refer to the attached report."

"In its latest Global Capital Markets reports, Savills has examined the likely short and long-term impacts of recent macroeconomic and geopolitical uncertainty, concluding that globally the fundamentals of theoffice and industrial marketsremain sound long-term. "

"Following the benchmark sale of the top floor at 9 Queen's Road Central, international real estate firm Savills has been appointed as the lead agent by the receiver for the sale of another premium top-floor office asset—the whole floors of 26/F and 27/F, Worldwide House, No. 19 Des Voeux Road, Central ("the Property"). The Property has a total gross area of approximately 20,766 square feet and will be sold on an as-is basis with vacant possession."