Commercial market robust

PUBLISHED : Friday, 29 October, 2010, 12:00am
UPDATED : Friday, 29 October, 2010, 12:00am

A robust commercial property market has helped Savills Hong Kong chalk up more than HK$19.5 billion worth of transactions as of last month.

Among the major deals are Grand Millennium Plaza, at 181 Queen's Road Central, for HK$3.36 billion; Manulife Tower, at 169 Electric Road, North Point, for HK$2.25 billion; C-Bons International Centre, at 108 Wai Yip Street, Kwun Tong, for HK$1.06 billion; 39A Shouson Hill Road, on the South side, for HK$1.15 billion; 88 Gloucester Road, in Wan Chai, for HK$948 million; 6-28 Chai Wan Kok Street, at Tsuen Wan, for HK$887.5 million; Neich Tower, at 128 Gloucester Road, Wan Chai, for HK$828 million; The Broadway, at 54-62 Lockhart Road, Wan Chai, for HK$590 million; and Retail Podium, of Wing's Building at 110-116 Queen's Road Central, Central, for HK$438 million.

Raymond Lee, CEO of Savills Hong Kong and Macau, says his team had achieved a remarkable performance during the period.