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January 2024
.jpg "Savills Hong Kong Completes Transaction of the Retail Podium of Wealthy Garden, Kwai Fong for HK$310 million")
30 January 2024
International real estate firm Savills has successfully facilitated the sale of G/F – 3/F, 208 Hing Fong Road, Kwai Fong (the “Property”). The Property has been sold, including existing tenancies, for HK$310 million to China Resources Longdation Company Limited. With a total gross floor area of approximately 21,664 square feet, the Property was transacted at an unit price of approximately HK$14,309 per square foot.
Portfolio Of Prime Retail Strata Units in Sim Lim Square For Sale
29 January 2024
Savills Singapore, as the exclusive sole marketing agent, is pleased to offer a portfolio of prime strata retail units for sale at Sim Lim Square.
(1).jpg "Southeast Asian Investors’ Appetite for High-end Investments Unlikely to Be Affected By 2023’s Slowdown in London’s £5 Million-plus Residential Market")
26 January 2024
Savills Singapore shares that despite the recent slowdown in London's £5 million-plus residential market in 2023, Southeast Asian investors’ appetite for high-end investments are unlikely to be affected.
-width.jpg "For Sale: Freehold Brand-new Commercial Building With F&B Approval at Jalan Besar")
For Sale: Freehold Brand-new Commercial Building With F&B Approval at Jalan Besar
24 January 2024
Savills Singapore, as the exclusive sole marketing agent, is pleased to offer for sale 253 Jalan Besar - a newly built freehold commercial building at Jalan Besar.
23 January 2024
Savills Research revealed a modest 1.1% increase in Singapore office rental rates in 2023, a smaller growth compared to 2.2% in 2022. This can be attributed to a tight market and major leases not expiring until 2025.
(1).jpg "2024 Begins with a Bang: First Major Transaction Makes Wave 25–26 A&B, Lugard Road Sold for HK$838 Million")
22 January 2024
International real estate firm Savills has completed the first major transaction of 2024 with the sale of 25 – 26 A&B, Lugard Road, The Peak, Hong Kong ("The Property"). This two-storey detached house spanning over 10,000 square feet was sold for HK$838 million to a Chinese investor. The Property has a total site area of approximately 23,374 square feet, with a maximum gross floor area of around 11,687 square feet, resulting in an approximate unit price of HK$71,703 per square foot.
18 January 2024
.jpg "Savills Appointed as Sole Agent for the Sale of Nos. 9 – 11 Staunton Street, Central")
Savills Appointed as Sole Agent for the Sale of Nos. 9 – 11 Staunton Street, Central
17 January 2024
International real estate firm Savills is appointed as the sole agent for the sale of nos. 9 – 11 Staunton Street, Central (“The Property”). The property is currently a seven-storey commercial and residential building with a site area of approximately 1,156 square feet and a total gross floor area of approximately 5,742 square feet. It is being sold partially vacant and partially with existing tenancies.
.jpg "Savills Appointed as Sole Agent for the Tender Sale of Whole Block Residential Building in Stanley")
Savills Appointed as Sole Agent for the Tender Sale of Whole Block Residential Building in Stanley
16 January 2024
International real estate firm Savills is appointed as the sole agent for the tender sale of Bayside House, 5B Stanley Main Street, Stanley ("The Property"). The property is a six-storey residential building with a total gross floor area of approximately 8,908 square feet. It comprises four shops on ground floor and five residential floors above, with two units per floor. The shops have gross areas ranging from 525 to 833 square feet, while the residential units have varying saleable areas of 492 to 676 square feet. The property is being offered for sale with existing tenancies. The tender will close at noon on March 8, 2024 (Friday).
.jpg "Savills & CBRE Appointed as Joint Sole Agent for the Sale of a Portfolio of Prime Properties at Jade Centre by Expression of Interest")
15 January 2024
International real estate firms Savills and CBRE are appointed as the joint sole agent for the sale of a portfolio of prime properties at Jade Centre at 98 Wellington Street, Central. The Property for sale includes Shop A on G/F, 1/F to 4/F, Unit A on 5/F, 6/F, Unit A on 9/F, 11-14/F and 21/F of Jade Centre. The Property, with a total gross area of approximately 23,957 sq. ft., is being sold on an "as is" basis with existing tenancies. The expressions of interest submission deadline is scheduled at 12:00 noon on 28 March 2024 (Thursday).
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