International real estate firm Savills is appointed as the sole agent for the transfer of company share in Hong Kong. Assets of the company include Villa Crocus (Villa C), Cheuk Nang Lookout, No. 30 Severn Road, The Peak ("The Subject"). The Subject has a saleable area of approximately 3,362 square feet.
The Subject is situated in one of the most prestigious locations on The Peak in Hong Kong—Severn Road, a residence for many celebrities and notable figures. The Subject features 3 floors, equipped with a large private swimming pool and a private garden. It offers an unobstructed 180-degree sea view of the southern district, providing a beautiful and tranquil environment with high privacy. It is only about a 15-minute drive from Admiralty MTR Station.
Investment team of Savills Hong Kong said, “The latest policy address has introduced new real estate measures that benefit the luxury property market, attracting more local and international buyers and corporates back to the market. Luxury properties in The Peak and the Southern District are particularly sought after by buyers. In the first three quarters of 2024, there have been 9 recorded transactions for luxury properties valued at over HKD 500 million in The Peak and the Southern District. According to recent transactions near The Peak, the transacted price of No. 28 Peak Road was about HKD 100,000 per square feet. Luxury properties in Hong Kong show strong resilience against market downturns, making it a good timing for both users and investors to enter the market.”