News

Up-to-the-minute news from our press teams providing the latest developments within Savills, and across the property industry.  

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News

Residential

Savills Appointed as Sole Agent for the Sale of No. 54 Chung Hom Kok Road

"International real estate firm Savills has been appointed as the sole agent for the sale of No. 54 Chung Hom Kok Road, Hong Kong ("The Property"). The Property has a site area of approximately 9,910 square feet and a maximum redevelopment gross floor area of 7,433 square feet (calculation based on the plot ratio of 0.75). It will be sold as a bare site. "

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News

Research

Interest Rate Cuts Open Doors for Cash-Rich Buyers

"In light of recent interest rate cuts by the U.S. Federal Reserve, the commercial real estate market is experiencing significant shifts, with cash-rich buyers emerging amid financial distress among traditional investors, according to Savills in its Market in Minutes – Hong Kong Investment report of March 2025."

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News

Research

Industrial Sector Showed Resilience in Q4 2024

"The industrial sector demonstrated some resilience in Q4 2024, driven by stabilizing rents and a recovery in air freight, despite some challenges in retail sales, according to Savills in its Market in Minutes – Hong Kong Industrial Sales and Leasing report of March 2025."

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News

Savills Appointed as Sole Agent for the Sale of 9/F and 10/F, Four Seas Group Centre

"International real estate firm Savills has been appointed as the sole agent for the sale of whole floor of 9/F and 10/F, Four Seas Group Centre, No.41 King Yip Street, Kwun Tong, Kowloon ("The Property"). The Property involves two levels of office floors, with a total gross area of approximately 32,978 square feet and to be on as-is basis with vacant possession. "

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