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

Investment

Savills Appointed as Sole Agent for the Sale of No. 318 Hennessy Road

"International real estate firm Savills has been appointed as the sole agent for the sale of No. 318 Hennessy Road, Wan Chai ("The Property"). The Property has a total gross area of approximately 128,656 square feet and a site area of approximately 7,651 square feet. It is being sold with naming right. The Expression of Interest closing date is scheduled for noon on 18 March, 2025 (Tuesday)."

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News

Commercial Investment

Savills Appointed as Lead Agent for the Tender Sale of the Entire Top Two Floors of World-Wide House

"International real estate firm Savills has been appointed as the lead agent by order of the receivers for the sale of the whole floor of 26/F and 27/F, World-Wide 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. The tender closing date is scheduled for 22 January, 2025 (Wednesday)."

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News

Savills Appointed as Sole Agent for the Sale of Prime Shop in Prince Edward

"International real estate firm Savills has been appointed as the sole agent by the receiver for the sale of G/F, Yiu Chung Building, No. 368, 368A, 368B Portland Street, Kowloon ("The Property"). The total gross area of the Property is approximately 2,772 square feet, with a saleable area of about 1,941 square feet. The tender closing date is scheduled for 18 February, 2025 (Tuesday)."

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News

Investment

Savills Completes Sale of En-bloc Residential Properties at 96 Ma Tau Wai Road

"International real estate firm Savills is delighted to announce the successful completion of the transaction of an en-bloc residential building at 96 Ma Tau Wai Road (the "Property"), Hung Hom. The Property is being sold “as-is” basis with existing tenancies for HKD 26 million. The Property is acquired by Max Poon of Owl Square and related parties."

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News

Investment

Savills Appointed as Sole Agent for the Transfer of Company Share in Hong Kong. Assets of the Company include a House at No. 30 Severn Road, The Peak

"International real estate firm Savills is appointed as the sole agent for the transfer of company share in Hong Kong. Assets of the company include Villa Crocus (Villa C), Cheuk Nang Lookout, No. 30 Severn Road, The Peak ("The Subject"). The Subject has a saleable area of approximately 3,362 square feet."

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News

Investment

Savills Appointed as Sole Agent for the Tender Sale of Two Distressed Properties

"International real estate firm Savills has been appointed by the receiver as the sole agent for the tender sale of Shop F on G/F, the whole floor of 1/F – 4/F and parts of the rooftop, Tai Wah House, Nos. 90 – 94 Prince Edward Road West, Prince Edward and Shop 5 – 6 on G/F and 1/F, Wai Ching Court, Nos. 14 – 42 Wai Ching Street, Jordan. The tender closing date for the above properties is scheduled for February 21, 2025, at noon, and they are being sold with existing tenancies or with vacant possession."

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News

Residential

Savills Appointed as the Sole Agent for the Transfer of a Business, Which Asset Includes a Seaside Residential Site of 30,000 Sq. Ft. in Repulse Bay

"International real estate firm Savills has been appointed as the sole agent for the transfer of a business, which asset includes a residential site at No. 94 Repulse Bay Road ("The Site"). The Site has an area of approximately 29,909 square feet. According to the Outline Zoning Plans from the Town Planning Board, the area is restricted to approximately 26,918 square feet (with a plot ratio calculated at 0.9)."

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