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Macau
Thursday, October 19, 2017
The project partly funded by Ng Lap Seng’s son will host a ‘multidimensional venue’ dedicated to beauty
Cultural and entertainment complex Novotown being developed in the heart of Hengqin is adding another attraction to its second phase layout
The first casino-hotel of Stanley Ho’s gaming monopoly era will be given a new shape and function
The conclusion of the construction phase of David’ Chow’s integrated resort in Cape Verde will be delayed by five to six months due to issues with the reclaimed land plots where the project is being developed
With 70 pct of construction of Phase I done, at an investment of RMB500 mln so far, and with all five phases expected to up the price tag to RMB18 bln, Senior Vice President of the Lai Sun Group, Larry Leung, details the plans for the massive Novotown cultural and entertainment development in Hengqin – complete with brands such as National Geographic, Real Madrid, Hyatt Regency, Lionsgate and more.
The Financial Services Bureau (DSF) is planning to amend the stamp duty regulations in order to reduce pressure on landlords leasing their properties in the wake of the implementation of the new rental law. Given that the new rental law...
Damage caused by Typhoon Hato and the recent Legislative Assembly elections have caused a lull in the real estate market, with total transactions falling 22 pct m-o-m and 20 pct y-o-y. Sales of on-plan and off-plan units fell, with the market for off-plan to remain slow until November, says expert. Meanwhile, average prices rose y-o-y.
The government will initiate the public tender for the architecture design plan of the project to remodel the old Hotel Estoril this month
Hong Kong conglomerate Lai Sun Group held a ceremony with Spanish football club Real Madrid to present their joint project to develop an indoor interactive football experience centre in Hengqin

Hato delay

Damages caused by Typhoon Hato delay the delivery of economic housing units at Ilha Verde for half a year
Information showed that residential mortgage loans (RMLs) approved by banks in the territory increased by 19.1 per cent month-to-month to MOP5.8 billion in July. The increase was attributed to enterprise loans with residential properties as collaterals, as loans to...
Under the Greater Bay Area initiative, creating a ‘Village of Hong Kong’ in Zhuhai would attract Hong Kong residents to reside in mainland China, suggests Starry Lee, the Chairman of Democratic Alliance for the Betterment and Progress of Hong...
Pearl Horizon developer Polytex Corporation Ltd has introduced interest-free loans to help Pearl Horizon buyers pay their mortgages, local Chinese language newspaper Macao Daily reported. The loan is to help buyers from two different plans, one for those who are...
Mainland developer Jiayuan International Group Limited has reached an agreement to acquire two plots in Taipa. For US$449.29 mln ‘in cash’. From local company San Kin Tai Property Development. Delivering, says Jiayuan, a great entrée to Macau whilst enhancing ‘brand influence in the Pearl River Delta Metropolitan Circle’.
Developer Hong Kong Resorts International has sold a property located in the Sheung Wan building in neighbouring Hong Kong (pictured) for nine times its purchasing price, raking in HK$750 million, according to the group’s filing with the Hong Kong...
The profit from Zhuhai Holdings Investment Group Limited for the fist six months of this year increased 30.5 cent year-on-year to reach RMB25.13 million
The former home of the Macau Red Cross overlooking Sai Van Lake is still closed after more than a year of the relief organisation relocating to Areia Preta district
The Hong Kong-listed junket operator’s investment in real state in Mainland China has not yet yielded positive results, but travel services in Macau are paying off
Following accusations it would negatively impact the Kuranda rainforests in the Australian state of Queensland, the management of the under-development KUR-World resort project told Business Daily that the project would not just preserve the areas ecosystem but provide considerable job opportunities for the local indigenous population
Shun Tak Holdings registered HK$699.3 million in net profit in the six-month period ending June 30 of this year, with the company announcing that 45 per cent of the units offered for pre-sale at its Nova Grand development have already been sold
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