News

"International real estate firm Savills has been appointed as the sole agent for the sale of an en-bloc commercial and residential property at 375 King's Road, North Point ("The Property"). "

"Sluggish stock market derails leasing momentum but insurance and hedge fund sectors thrived in Q2, according to Savills in its Market in Minutes – Hong Kong Office Leasing report for Q2 2023."

"The residential sector again delivered very mixed signal, a number of developers registered satisfactory primary launches result, while the luxury sector saw a recede in transaction volume, according to Savills in its Market in Minutes – Hong Kong Residential Sales report for Q2 2023."

"Savills, the international real estate firm, has been appointed the sole agent for the tender sale of a portfolio of prime properties includes the theatre premises, G/F to 6/F and rooftop of Kiu Fai Mansion at No. 413 – 423 King’s Road, North Point ("the Property"). The Property, with a total gross floor area of approximately 96,000 square feet and a total site area of approximately 29,800 square feet, is being sold on an "as is" basis and comes with existing tenancies. The tender is scheduled to close on 28 September 2023 (Thursday). "

"Despite decreased logistics demand, the Q2 leasing market was dominated by renewals, with rents remaining stable, according to Savills in its Market in Minutes – Hong Kong Industrial Sales and Leasing report for Q2 2023. "

"The influx of talent via various talent schemes was positively impacting the residential leasing market, according to Savills in its Market in Minutes – Hong Kong Residential Leasing report for Q2 2023. "

"International real estate firm Savills is delighted to announce the successful completion of the transaction of a residential site in Fanling, New Territories (the “Property”), where the core area of the “Northern Metropolis”. The Property was sold to Ming Hing Waterworks for HK$77.3 million. It involves parts of sections of Lot No. 1583 & Lot No. 1584 in Demarcation District No. 100, which is situated next to Miami Crescent on 328 Fan Kam Road."

"Savills, the international real estate firm, has been appointed the sole agent for the tender sale of a high-level four-bedroom unit at The Arch ("the Property"). The Property, which offers a saleable area of approximately 1,842 square feet, is being sold on an "as is" basis and comes with vacant possession. The tender is scheduled to close at noon, 29 September 2023 (Friday). "

"International real estate firm Savills has been appointed as the sole agent by Tang's Family for the sale of a portfolio of prime located at the COS Centre on 56 Tsun Yip Street, Kwun Tong ("The Property"). Developed by Billion Development and Project Management Ltd, COS Centre was completed in 2015 and is adjacent to AIA Kowloon Tower and AXA Tower. The property for sale consists of nine shops in the COS Centre, with a total gross floor area of approximately 18,427 square feet, and a frontage of approximately 83 feet. a high-quality commercial property in the area, with the majority of tenants being F&B, including a popular restaurant that often attracts long queues of customers."

"High interest was widely regarded as one of the main reasons behind sluggish property investment sentiment, according to Savills in its Market in Minutes – Hong Kong Investment report for Q2/2023."