News

"The Hong Kong retail market has faced a recent downturn, coinciding with a significant increase in northbound travel by local residents and additional structural shifts, according to Savills in its Market in Minutes – Hong Kong Retail Leasing report of July 2024."

"International real estate firm Savills is appointed as the sole agent by order of the owner for the sale of 18/F, Ever Gain Plaza Tower 2, 88 Container Port Road, Kwai Chung ("The Property"). The Property has a total gross floor area of approximately 22,432 square feet. "

"International real estate firm Savills is appointed as the sole agent for the sale of Room 01 – 03, 23rd floor of 9 Queen's Road Central, Hong Kong (the "Property"). The Property has a total gross floor area of approximately 7,806 square feet and is available for sale with vacant possession. The indicative price for the Property is HK$185 million."

"International real estate firm Savills has completed the largest first-hand market transaction since the cancellation of stamp duty measures. The property, located at 46 Plantation Road, The Peak (the "Property"), currently comprises four three-storey detached houses with ground floor carports, and has been sold for HK$1.1 billion. The Property has a site area of approximately 21,470 square feet and a saleable area of approximately 16,986 square feet."

"International real estate firm Savills is appointed as the sole agent to sell the 10th floor of 9 Queen's Road Central, Hong Kong (the "Property"), following the successful transaction of the 29th floor of the same building for HK$310 million earlier. The Property has a total gross floor area of approximately 13,719 square feet and is available for sale in as-is basis and vacant possession."

"International real estate firm Savills is appointed as the Sole Agent by the Receiver for the sale of One HarbourGate East Tower, 18 Hung Luen Road, Hung Hom, Kowloon ("The Property") by invitation to offer."

"International real estate firm Savills is delighted to announce the successful completion of the transaction of of the retail podium and car park of Alto Residences at 29 Tong Yin Street, Tseung Kwan O ("The Property"). The Property has been sold for HK$540 million to China Resources Longdation Company Limited."

"International real estate firm Savills is delighted to announce the successful completion of the transaction of 84 – 102 Wuhu Street, Hung Hom (the “Property”). The Property was acquired by the Hong Kong Metropolitan University."

"International real estate firm Savills has once again successfully facilitated a notable transaction, the property located at 29/F, 9 Queen's Road Central, selling for HK$310 million. "

"International real estate firm Savills is appointed as the sole agent by order of the owner for the tender sale of the single lot at No. 211 Kam Tin Road ("The Property"). The site area of the Property is approximately 16,603 square feet, with a saleable area of approximately 4,778 square feet and a garden/terrace area of approximately 9,610 square feet. The Property is being offered for sale by share transfer and the tender closing date is scheduled at noon on 20 August 2024 (Tuesday)."