Despite sluggish market sentiment, end users and investors are eager to invest in suitable properties with their pent-up capital. As of July 2014, Savills Hong Kong and Macau have completed nearly HK$15 billion in transactions, showcasing the remarkable and professional services offered by our team.
Raymond Lee, CEO of Greater China said, “Weakened market sentiment and the double stamp duty introduced by the government have dampened the property market, yet deals of huge amounts are present in the market. In the past seven months, the investment team alone has completed over HK$15 billion in deals. I trust that other departments will continue to offer their unparalleled and professional services to our clients in the remainder of the year. Meanwhile, we will continue to offer comprehensive solutions to solve our clients’ needs.”
In addition, Savills has been appointed the sole agent by FOOK LEE GROUP for the tender sale of 35 South Bay Road; Fook Lai Building, 288–290 Queen’s Road Central; and Fook Chi Building, 135 Kowloon City Road/92 Pau Chung Street.
Tender closing dates:
35 South Bay Road: 25 August 2014 (Mon) at 12 noon
Fook Lai Building, 288–290 Queen’s Road Central: 11 September 2014 (Thurs) at 12 noon
Fook Chi Building, 35 Kowloon City Road/92 Pau Chung Street: 25 September 2014 (Thurs) at 12 noon