Hong Kong News

Hardly a day goes by without a discussion on property, finance or a major development in the news in some part of the world. This section of the website brings you all the news on Savills from Hong Kong.

Savills global sentiment survey sees slight improvement on impact of Covid-19 on markets, with China showing green shoots

Savills global sentiment survey sees slight improvement on impact of Covid-19 on markets, with China showing green shoots

27 April 2020

Hong Kong - 27 Apr 2020 In its latest global sentiment survey among its researchers around the world of the impact of Covid-19, Savills says that the outlook has improved slightly, with 19% of countries reporting a severe negative impact on their real estate markets due to the pandemic – an improvement compared to 29% in its previous survey conducted on 31st March - and 74% describing a moderate negative impact (opposed to 67% at end of March). 

 
 
Residential volumes test new lows

Residential volumes test new lows

14 April 2020

Hong Kong – 14 Apr 2020 Prominent real estate advisor Savills pointed out that the COVID-19 outbreak has dampened residential sentiment in general, with super luxury transactions hitting another low in January and February before rebounding in March due to an improvement in sentiment as the outbreak was temporarily contained until the influx of overseas Hong Kongers in mid-March caused another wave of infections.

 
 
Savills Investment leads the market with HK$128 billion real estate transactions in Q1 2020

Savills Investment leads the market with HK$128 billion real estate transactions in Q1 2020

06 April 2020

Hong Kong – 06 Apr 2020 Prominent real estate advisor Savills is pleased to announce that despite challenging market conditions, its Investment team has concluded HK$12.8 billion of real estate deals since January 2020, remaining a market leader across many asset classes including industrial, luxury residential properties and development sites.

 
 
Investment sentiment shattered by virus outbreak

Investment sentiment shattered by virus outbreak

06 April 2020

Hong Kong – 06 Apr 2020 Prominent real estate advisor Savills pointed out that only bargain-hunting investors were left in the office market looking for deeply discounted assets (30% or more), with most end users holding back from making any purchase decisions due to worsening business prospects. 

 
 
 

Key contacts

Olive Jiang

Olive Jiang

Senior Manager
Marketing & Communications

Two Exchange Square

+852 2842 4409

 

Savills Research

City lowdown: Hanoi
The Vietnamese capital is less familiar to real estate investors than economic powerhouse Ho Chi Minh City.

 
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