News

"Real Capital Analytics (RCA), the definitive international real estate institution that specializes in the data and analysis of commercial real estate capital markets, has named Savills as the top broker in the Hong Kong market in its Top Global Investment Brokers of 2021 report, a record the firm has retained since 2014."

"The auction sale of Ventris Court at No. 15 Ventris Road, Hong Kong under the Land (Compulsory Sale for Redevelopment) Ordinance through Savills was held today morning. The Property was sold at the reserve price of HK$1,732 million to Wheelock Properties and Peterson Group."

"Record revenue and profits resulting from extraordinarily strong trading recovery. "

"The auction sale under the Land (Compulsory Sale for Redevelopment) Ordinance of the property of Cheng Fung Mansion at Nos. 31-41 Fei Fung Street, Kowloon (New Kowloon Inland Lot No. 4965 (The Property), through Savills was held at 10am today on the 10/F, United Centre, 95 Queensway, Admiralty. The Property was sold for the reserve price of HK$257 million to Wang On Properties. "

"International real estate firm Savills is appointed as the Sole Agent by the Vendor for the sale of 1 Ninth Street, Hong Lok Yuen ("The Property"), a castle-style mansion house which is the largest in size in the Hong Lok Yuen villa estate in Tai Po. The Property enjoys good prospects from the future Northern Metropolis Development Strategy. Asking price is HK$350 million."

"International real estate firm Savills has been appointed as the sole agent in relation to the en-bloc sale of Success Centre (Property Number: IND20220111S) ("The Property"), a prime commercial building located at 38 Ta Chuen Ping Street in Kwai Chung. The Property is a mixed-use building of 29 storeys with a total gross floor area of approximately 240,128 square feet, which consists of both retail (Ground floor, 3/F to 9/F) and office (10/F to 28/F) floors. It also features an outdoor area on the 3/F which is the rooftop of the podium."

"External uncertainties have clouded the sentiment in the luxury residential market in the final quarter of last year, while the mass market also saw a softening in prices despite the fact that affordability for private housing has worsened, according to Savills in its Market in Minutes - Hong Kong Residential Sales report for Q4 2021."

"Full year performance very significantly ahead of expectations – FY22 outlook currently unchanged."

"With more than 20 years of experience delivering quality project management outcomes for global blue chip clients across Asia, the Merx Project Management deal will considerably strengthen Savills client project management capabilities and broader occupier, industrial and consulting businesses across APAC."

"The industrial leasing market remained active in the fourth quarter of 2021 with availability shrinking and landlords preparing to raise rents further, according to Savills in its Market in Minutes - Hong Kong Industrial Sales and Leasing report for Q4 2021. "