News

"International real estate firm Savills has been appointed as the sole agent for the sale of Nos. 68 – 70 Chung Hom Kok Road, Hong Kong ("The Property"). The Property has a site area of approximately 14,400 square feet and a maximum redevelopment gross floor area of 10,800 square feet (calculation based on the plot ratio of 0.75). It will be sold with existing lease."

"International real estate firm Savills is delighted to announce the successful completion of the transaction of entire floor of 2/F and 3/F, Odeon Building, No. 28 Shu Kuk Street, North Point (the "Property"). The total gross area is approximately 22,000 square feet, with a transaction price of HKD 107 million, representing a unit price at around HKD 4,864 per square foot, sold with the existing tenancy."

"International real estate firm Savills has been appointed as the sole agent for the sale of Shop 04 on 1st Floor, Mezzanine 1st Floor and Mezzanine 2nd Floor, Lippo Centre, No. 89 Queensway, Admiralty, Hong Kong ("The Property"). The Property has a total gross area of approximately 28,712 square feet and is being sold with existing bank tenancy. The Expression of Interest closing date is scheduled for noon on 18 March 2025 (Tuesday)."

"Savills plc, the global real estate advisor, publishes the following trading statement in respect of the year ended 31 December 2024. The Group expects its full year performance for 2024 to be in line with its expectations and substantially ahead of the previous year."

"International real estate firm Savills is delighted to announce the successful completion of the largest commercial property transaction in the market for 2024. The property, known as Cheung Kei Center located at 18 Hung Luen Road, Hung Hom, was sold for approximately HKD 2.65 billion, with the buyer being Hong Kong Metropolitan University."

"International real estate firm Savills has been appointed as the sole agent for the sale of Sheraton Hotel, No.9 Yi Tung Road, Tung Chung ("The Property"). The Expression of Interest closing date is scheduled for noon on 15 April, 2025. The Property is a dual-branded hotel operated by Marriott, which will be sold together with the shopping mall podium "T Bay." The total gross floor area is approximately 610,000 square feet, featuring 1,219 guest rooms, making it the largest hotel in the area and the third largest in Hong Kong by room count. The two hotel brands each have their own positioning: the Sheraton Hong Kong Tung Chung Hotel is a high-end five-star hotel with 218 guest rooms, while the Four Points by Sheraton has 1,001 guest rooms, primarily catering to budget-conscious customers."

"International real estate firm Savills has once again successfully facilitated a transaction, the property located at G/F - 3/F, Commercial Estate, Marble Garden, 33 Marble Road, North Point, covering a total gross area of approximately 43,542 square feet. "

"International real estate firm Savills has been appointed as the sole agent for the sale of the whole floors of 18/F, 19/F and 20/F, Kwong Kin Trade Centre, No.5 Kin Fat Street, Tuen Mun ("The Property"). The Property has a total gross area of approximately 27,684 square feet and will be sold on an “as-is” basis with vacant possession."

"International real estate firm Savills is delighted to announce the successful completion of the transaction of a basket of car parking space at Sunningdale Garden, No. 8 Chi Cheong Road, Sheung Shui (the "Property"), comprising a total of 201 parking spaces which are distributed across the ground floor and upper ground floor. The Property is currently operated by EC Parking and is priced at approximately HKD 105 million, with an average price of HKD 522,000 per parking space."

"International real estate firm Savills is delighted to announce the successful completion of the transaction for the residential portion at 206 – 208 Prince Edward Road West (the "Property"). The Property is being sold as-is with existing tenancies for approximately HKD 73.51 million. The buyers include Max Poon of Owl Square Group, Laurence Chan, the Chairman of the listed company AL Group, and related parties. The 1st to 14th floors are residential, equipped with elevators, and a total of 16 residential units are included in this sale, with a total saleable area of approximately 13,871 square feet."