International real estate firm Savills (Macau) Limited announced today the successful facilitation of Macau's first hotel property transaction in 2025 - The 13 Hotel, located at Lot 1, Aterro da Concórdia, Estrada de Seac Pai Van, Coloane, Macau. The HKD 600 million transaction culminates five years of dedicated effort, highlighting the team's professional execution while serving as key market validation for Macau's “non-gaming elements” policy.
Five Years of Strategic Planning Culminates in Landmark Transaction
Since being appointed by the property owner in 2020, Savills has leveraged its profound market expertise in Macau's tourism sector to precisely identify and match buyer requirements, ultimately facilitating this strategic investment.
The subject property is a 22-storey hotel with approximately 87,793 square metres of total gross floor area. The new owner plans to undertake a comprehensive, capital-intensive redevelopment to transform the asset into a premium boutique hotel that harmoniously blends "French palace aesthetics" with "Asian leisure culture", featuring luxury themed suites ranging from 2,000 to 10,000 square feet. The innovative concept will integrate art exhibitions, immersive dining experiences, and other premium offerings to redefine the benchmark for high-end accommodation in Macau.
Continuing to Pioneer Market Innovation
The Savills Macau team emphasizes its ongoing commitment to leveraging cross-border resource integration, assisting investors in capitalising on Macau's development as a "World Centre of Tourism and Leisure," and driving high-quality growth in the real estate market.
Dual Policy and Market Advantages Ignite New Industry Momentum
Mr. Franco Liu, Managing Director at Savills Macau stated: "This transaction reflects two key trends: first, investors' strong endorsement of Macau's 'Tourism+' development strategy, and second, robust market demand for differentiated hotel products. The new owner's redevelopment plan serves as a model case in responding to the SAR government's push for appropriate economic diversification.
The new owner plans significant capital investment for comprehensive repositioning and large-scale interior/exterior renovations, introducing innovative leisure elements to create an alternative hospitality concept. This will blend French palace aesthetics with non-gaming elements for a unique accommodation experience. The deal also demonstrates the effectiveness of Macau's recent policies promoting non-gaming development.
The buyer demonstrates full confidence in market prospects, aiming to revitalize Macau's hotel industry through innovative design and operational concepts."