News

"International real estate firm Savills is appointed the sole agent for the sale of a bright Southeast-facing apartment with car parking space at Pacific View in Southside. The property is a well-kept four-bedroom apartment of around 1,674 square feet in saleable area, featuring stunning unobstructed panoramic sea views from the many floor-to-ceiling windows indoor and coming with car parking space. It is to be sold with vacant possession for an indicative price of HK$35 million."

"The auction sale of Tsui Wah Building, Nos. 120 - 122 High Street, Hong Kong under the Land (Compulsory Sale for Redevelopment) Ordinance through Savills was held today. The Property was sold at the reserve price of HK$525 million."

"The auction sale of Nos. 227B & 227C Hai Tan Street, Kowloon under the Land (Compulsory Sale for Redevelopment) Ordinance through Savills was held today. The Property was sold at the reserve price of HK$120 million to Regal Hotels Group."

"Rare fund activity in the super luxury sector may reflect contrasting views on the future market direction, according to Savills in its Market in Minutes - Hong Kong Residential Sales report for Q3 2022. "

"Rents nudged down marginally in the third quarter in some districts but more broadly appear to have found a floor, according to Savills in its Market in Minutes - Hong Kong Retail Leasing report for Q3 2022."

"Rental demand was driven by Mainlanders moving to Hong Kong in the third quarter mainly for business or study purpose, according to Savills in its Market in Minutes – Hong Kong Residential Leasing report for Q3 2022."

"Prolonged external uncertainties and strict quarantine measures have begun to infiltrate the logistics sector, according to Savills in its Market in Minutes - Hong Kong Industrial Sales and Leasing report for Q3 2022."

"We are delighted to announce that 5 of our top-performing realtors, Jason Wo, Director, Investment, Godfrey Cheng, Deputy Senior Director, Investment CEO Office, Oscar Chow, Senior Director, Industrial Development & Investment (Kowloon), Tommy Chan, Senior Director, Investment and Jay Fan, Senior Director, Investment were nominated as Hong Kong's most notable real estate agents under 40 in Hong Kong Business."

"Vacancy reached new heights in the third quarter with buildings in Central and Kowloon East suffering the most, according to Savills in its Market in Minutes - Hong Kong Office Leasing report for Q3 2022. "

"International real estate firm Savills is appointed as the Sole Agent by the Receivers from Alvarez and Marsal, for the tender disposal of China Evergrande Centre (Inland Lot No. 3287 & 6936) ("The Property"). The tender, which will close at noon, 31 October 2022 (Monday), involves the disposal of The Property on an "as-is" basis with existing tenancies, which is only one of the five en-bloc buildings with single ownership on Gloucester Road, Wanchai complete with headquarters specifications. "