News

"Savills is appointed by the order of the Receiver as the Sole Agent for the public sale by tender of 17 Kai Cheung Road, Kowloon Bay ("the Property"), an en-bloc Grade A office building strategically located within the CBD2 in Kowloon East. The marketing floor area of the property is approx. 920,000 square feet that spread across 28 floors above ground and three basement floors. The tender, which will close at noon, 21 July 2022 (Thursday), involves the sale of the Property with existing tenancies and on an "as is" basis."

"International real estate firm Savills is appointed by engagement of the owners as the sole agent for the tender sale of 30 Cape Road, Chung Hom Kok, Hong Kong (Rural Building Lot No. 1034 known as "The Property"). The tender, which will close at noon, 30 June 2022 (Thursday), involves the sale of a residential development consisting of thirty-two 2-storey houses with 64 car parks and caretaker staff quarter for domestic use."

"International real estate firm Savills is appointed as the Lead Agent by the Receiver for the tender sale of Penthouse A, 18/F-19/F, La Salle Residence ("the Property"). The saleable area of the property is 3,949 square feet with a 910 square feet private rooftop. The buyer has the option to purchase one to three car park slots together in this tender sale. The property’s signature glass wall puts it in the spotlight among numerous luxury properties in Kowloon Tong. Tender date is from 10 May to 8 July."

"Under the impact of the fifth wave of the Omicron-pandemic, investment activity in the property sector slowed across the board during Q1 2022. However, some of the significant deals in the quarter reflect investors' appetite for solid yield returns and point to a potentially bigger transaction volume in Q2, as revealed by renowned international real estate advisory firm Savills in its review of the investment market in Q1 2022 today."

"London's £5 million-plus residential market has recorded its strongest start to the year ever, according to real estate advisor, Savills, which has kept a detailed log since 2006."

"Both local and external uncertainties are dampening luxury residential market sentiment as volumes hit new lows and values begin to weaken, according to Savills in its Market in Minutes - Hong Kong Residential Sales report for Q1 2022."

"Downsizing by MNCs due to uncertain market conditions was partly offset by demand from the latest generation of New Economy companies, according to Savills in its Market in Minutes - Hong Kong Office Leasing report for Q1 2022."

"Uncertainty clouds the residential leasing market as restrictions tighten over the first quarter and expat demand dwindles, according to Savills in its Market in Minutes - Hong Kong Residential Leasing report for Q1 2022."

"Logistics demand was unaffected by local and external uncertainties with renewals and expansions dominating the sector, according to Savills in its Market in Minutes - Hong Kong Industrial Sales and Leasing report for Q1 2022. "

"Hopes of a recovery earlier in the year have been dashed by a fifth wave of COVID-19 infections and stricter containment measures, according to Savills in its Market in Minutes - Hong Kong Retail Leasing report for Q1 2022."