October 2022
26 October 2022
25 October 2022. On the 20th and 21st of October, Savills Global CEO Mark Ridley visited Viet Nam. Since his last visit in 2019, unprecedented global events have highlighted the vulnerability of the world economy. However, with forecast GDP growth of 7.5% in 2022, Viet Nam outranks most global growth and certainly its regional peers. The significance of his return underscores Viet Nam’s international presence.
Luxury Market Sentiment Weakens
18 October 2022
Rare fund activity in the super luxury sector may reflect contrasting views on the future market direction, according to Savills in its Market in Minutes - Hong Kong Residential Sales report for Q3 2022.
Retail Rents Stabilised in a Market Still Adrift
17 October 2022
Rents nudged down marginally in the third quarter in some districts but more broadly appear to have found a floor, according to Savills in its Market in Minutes - Hong Kong Retail Leasing report for Q3 2022.
Rents Nudge Higher as Mainlanders Demand Stands Out Amidst Subdued Activity
13 October 2022
Rental demand was driven by Mainlanders moving to Hong Kong in the third quarter mainly for business or study purpose, according to Savills in its Market in Minutes – Hong Kong Residential Leasing report for Q3 2022.
Private Equity Interest in Industrial Sector Persists Despite Slowing Rental Growth
12 October 2022
Prolonged external uncertainties and strict quarantine measures have begun to infiltrate the logistics sector, according to Savills in its Market in Minutes - Hong Kong Industrial Sales and Leasing report for Q3 2022.
Savills’ realtors in Hong Kong's most notable real estate agents under 40
11 October 2022
We are delighted to announce that 5 of our top-performing realtors, Jason Wo, Director, Investment, Godfrey Cheng, Deputy Senior Director, Investment CEO Office, Oscar Chow, Senior Director, Industrial Development & Investment (Kowloon), Tommy Chan, Senior Director, Investment and Jay Fan, Senior Director, Investment were nominated as Hong Kong's most notable real estate agents under 40 in Hong Kong Business.
Central's Vacancy Rate Jumps to 8.3% in Q3 Amidst Continuous Overall Rental Drop
11 October 2022
Vacancy reached new heights in the third quarter with buildings in Central and Kowloon East suffering the most, according to Savills in its Market in Minutes - Hong Kong Office Leasing report for Q3 2022.
Coastal hotel embracing a world heritage area offered to market
05 October 2022
The Freehold Going Concern of the Lucinda Point Hotel Motel has hit the market, with buyers expected to jump at the strategically located asset.
Luxury Adelaide apartment opportunity to be sold in-one-line
04 October 2022
Leading commercial agency Savills has been appointed to sell a major stake in 18 Rowlands Place in Adelaide, a rare CBD trophy asset located in the core of the Adelaide CBD via an Expressions of Interest campaign.
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