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(28 March 2012, Hong Kong) La Scala, the waterfront mansion-like residential project developed by Chinese Estates Limited at a strategic location in the Greater Pearl River Delta with incredible building materials, will surely marks a new era of grand luxury residence in Macau. The developer……more
Mar 142012
ONE OASIS – PARK RESIDENCE IS READY FOR PUBLIC SALE ON SATURDAY. REMARKABLE PRIVATE SALE RESULT AROUSES ALL ATTENTION IN MARKET
MACAU –8 March 2012 – The developers of One Oasis organized an exclusive show suite preview of its new phase, Park Residence to media today. The preview comprises a……more
Investors across Asia-Pacific seeking to diversify their portfolios with affordable, mid-range properties, are turning to Malaysia's well-regulated market for long-term and secure investment opportunities. Strong economic fundamentals, freehold land title, no property tax after five years of……more
Feb 232012
Information from the Statistics and Census Service (DSEC) indicated that number of building units purchased and sold in the fourth quarter of 2011 decreased further by 5.2% quarter-to-quarter to 3,543 as per Stamp Duty record, yet the total value increased by 5.2% to MOP10.12 billion. There were……more
Feb 202012
The Shizimen CBD first-phase project -- which includes the Zhuhai International Convention Centre, Zhuhai International Exhibition Centre first phase, St Regis and Sheraton Hotels & Resorts, a two-storey parking lot with 4,800 spaces and related support facilities -- will start topping off……more
The number of residential units transacted in Macau last year dropped by 4.5 percent year-on-year, to 17,176, according to data from the Statistics and Census Service released today.
The Statistics and Census Service said the drop was related to the measures introduced by the government to……more
Macau's luxury residential market has experienced similar fortunes to Hong Kong's this year, with fewer transactions in the second half, a sharp turn from brisk trade at the start of the year.
The brakes were put on the price rally after the Macau government introduced a special stamp duty to……more
The Macau government's latest steps to rein in fast-rising property prices pushed flats sales down to just 200 last month, close to the level they bottomed out at during the global financial crisis two years ago.
According to property agency Ricacorp (Macau) Properties, residential property……more
In a single session the Legislative Assembly (AL) unanimously approved the bill on the special stamp duty to be applied to housing transactions – both in principle and in detail. Secretary for Transport and Public Works Lau Si Io presented the draft law yesterday, saying it is one of the……more
Quarterly Highlights
* First divestment for MPO
* Strong rental growth at The Waterside
* Presales continue at The Fountainside
* Yet another record for Macau gaming revenues
Overview
Riding on the solid momentum of 2010, Macau saw a strong start to 2011. Gaming revenues surged……more
