‧Savills appointed as sole leasing agent for Gateway Apartments‧
Gateway Apartments, the prestigious serviced apartments complex, has just completed an extensive two year renovation. The property has undergone a transformation to a contemporary and elegant look designed to appeal to both international and regional guests.
Gateway Apartments is located within Harbour City, in the heart of Tsim Sha Tsui. It combines unique geographical advantages with state-of-the-art facilities. In response to changing market trends and customer expectations, Gateway Apartments is launching brand new two-bedroom and three-bedroom apartments.
“Our expansive apartments have set a new benchmark for contemporary luxury living in Hong Kong,”
Ronald Loges, General Manager of Gateway Apartments said. “The two-bedroom and three-bedroom apartments ranging from 1,629 sq.ft. to 2,326 sq.ft., are designed to accommodate families with children and still allow ample space and privacy for each family member. The new apartments are tastefully decorated in a contemporary design combining the elegance of cream with the earthiness of browns and the edginess of black, marrying comfort with style. The floor-to-ceiling windows in the living and dining area allow Residents to enjoy views of Hong Kong’s Victoria Harbour and its famous skyline from your own home.”
All newly renovated apartments feature parquet flooring, creating a luxurious, trendy and bright ambiance. All kitchens are fully equipped with German-crafted cabinetry and the finest appliances to excite even the most professional chefs. In addition, prestigious German brand, Duravit, is used for the bathroom fixture with storage cabinets in all the new bathrooms.
Apart from two- and three-bedroom categories, Gateway Apartments introduced the most sought-after, brand new studios, one-bedroom, and one-bedroom + study apartments. The new studio allows for an uninterrupted flow of space from arrival to living to resting. The fully equipped kitchenette includes a state-of-the-art cooktop, microwave oven, refrigerator and top-of-the-line electrical appliances. The addition of a 2-in-1 washer/dryer provides Residents with extra convenience.
The one-bedroom + study apartments has been converted from one-bedroom apartments, offering both a master bedroom and a separate study, in addition to the spacious living room. This new layout gives Residents the flexibility to use the study as a guestroom or a home office.
Apart from the upgraded apartments, Gateway Apartments Residents have been granted access to the exclusive Pacific Club, adding a new and active dimension to their lifestyles. Offering over 140,000 sq.ft. of space, the Pacific Club has brought in a number of brand-new facilities such as an Italian restaurant, an Oyster and Wine Bar, a Ramen Bar, Steakhouse, a children’s playroom and kid’s pool in addition to the fully equipped high-tech gymnasium, heated indoor swimming pool, and indoor/outdoor tennis courts to name but a few, all open seven days a week providing Residents with a haven to relax and enjoy.
“Gateway Apartments provides the widest selection of layouts and sizes of any serviced apartments in the market” Ronald added. “Being a luxury Residence definitely means more than only providing top-class design and quality hardware and should cater to what Residents really want. In this respect, Gateway Apartments epitomizes true luxury living by providing, flexible layouts, customized amenities and bespoke services.” 
Speaking on the serviced apartments’ market, Edina Wong, Senior Director and Head of Residential Leasing, Savills said, “Tenants generally prefer well-branded and well-managed serviced apartments. Meanwhile, last year, Savills’ serviced apartments rental index recorded rental growth of 0.5% while occupancy rates stood at a high of around 90%. Looking ahead, the demand for quality serviced apartments will remain strong as demand for new offices is expected to continue, especially from PRC firms. In addition, serviced apartments are well insulated from weakening residential leasing demand given their quality management and flexible lease terms. We expect a mild growth of within 5% in overall serviced apartments rents in 2016. Prime serviced apartments in core locations will outperform.”
She added that “Gateway Apartments is located in the heart of Tsim Sha Tsui, with access to an excellent transportation network and unparalleled sea views. In addition, compared to other branded serviced-apartments on Hong Kong side, Gateway Apartments rents are extremely attractive.”