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News

Residential Leasing

Modest Rental Rises, Underlying Weakness in Residential Leasing Market

"An abundance of international school places reflects as well as anything the lack of expatriate demand in the residential rental market, with a further exodus anticipated during the first half of 2022, according to Savills in its Market in Minutes - Hong Kong Residential Leasing report for Q4 2021. "

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News

Residential

Tender Sale of Stewart Terrace Rare and Sizeable Residential Lot on The Peak

"International real estate firm Savills is appointed by engagement of the owners as the sole agent for the tender sale of Stewart Terrace on 81-95 Peak Road, Hong Kong ("The Property"). The tender, which will close at noon, 20 January 2022 (Thursday), involves the collective sale of over 95% of undivided shares of the Property (comprising 19 of the 20 units) to be sold with vacant possession or with existing tenancies and on an "as is" basis."

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News

Office & Retail Investment

Sale of Prime Retail Shop in Tai Wai for Indicative Price of HK$420 Million

"Savills, a prominent international real estate firm, has been appointed as the sole agent in relation to the sale of Shop B and the Open Yard at the rear thereof on G/F & Cockloft B, Shop C and the Open Yard at the rear thereof on G/F & Cockloft C of Tai On Building, situated at 41-51 Tsuen Nam Road, Tai Wai in the New Territories, together with all existing tenancies ("the Property"). The Property has a floor area of 9,991 square feet. Facing Exit A of MTR Tai Wai Station with high footfall, the prime location of the Property allows for customer access and gives rise to strong business potential. The indicative price of the Property is HK$420 million."

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News

Residential Sales

Berkeley combines luxury with innovative in-home technology at Siena House, 250 City Road

"Berkeley has launched Siena House, a new phase of elegant one, two and three-bedroom apartments at its 250 City Road development in Islington. Combining sophistication with ultra-convenience, every apartment will comprise luxury interiors, private outdoor space and a high specification - including the latest in homeware technology - and residents will benefit from an array of hotel-style amenities."

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News

Sales & Investment

Tender Sale of Shops & Carparking Spaces of Capital Centre for Indicative Price of HK$550 Million

"Prominent international real estate firm Savills is appointed by order of the owner the sole sales agent for the tender sale of Shops A‐D, E, G, H and J on G/F and 8 carparking spaces (the Property) of Capital Centre, which is situated on 151 Gloucester Road, a traditional prime location in Wai Chai. Occupying a gross area of approximately 16,606 square feet and a saleable area of approximately 10,794 square feet, the Property is to be sold with existing tenancies by Public Tender, which will close at noon, 15 December 2021 (Wednesday). Share deal is possible. The indicative price is HK$550 million."

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