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Macau
Thursday, April 27, 2017
The Macau SAR Government has reclaimed a...
The city’s housing market reversed its downtrend in Q2 last year. Posting a q-on-q increase of 6.8 pct in home prices. Although the residential price index of 2016 is still lower than that of 2015, according to the Statistics and Census Service (DSEC).
However, local banks approved more commercial real estate loans in the same month, as compared to January
The government disbursed some MOP7.5 mil...
Local real estate agent reports transactions in the fourth quarter of 2016 for commercial property reached two-year high
Three of the parcels are located in Seac Pai Van Industrial Zone
Chief Executive Fernando Chui Sai On sup...
Nevertheless the Secretary for Administration and Justice said the gov’t might not rule out adjusting the direction of the Land Law if the recording of the 2013 committee meetings disclosed a new understanding of the intention for revising the law
But the developer may not repeat its outstanding performance of 2016 given tightening capital controls are in effect
Hong Kong-listed construction service fi...
The amount paid for the Special Stamp Du...
Buyers of the unfinished residential and...

House rules

The Housing Bureau found 49 cases of suspected irregularities by owners of government public housing in 2016
Property developer Agile Group Holdings ...
February data in the property sector didn’t make the grade. Real estate in the MSAR fell in almost every detail. Although Coloane housing held its own following the Chinese New Year holiday.
The Housing Bureau concluded the public ...
Property developer Country Garden Holdin...
In particular, those for uncompleted units nearly halved from December 2016
Homebuyers of incomplete residential project Pearl Horizon may request a refund from the developer, Polytech Group, says its chairman. Refunds would only be for first-hand buyers, however, a situation that representatives of the home purchasers believe could worsen the issue. Only completion of the project will resolve the conflict, say representatives. The Polytech chairman reiterates the fault lies with the gov’t for lack of development, and claims thecompany will ‘never run away irresponsibly’.
The number of hotel rooms under construction fell 41 pct y-o-y in Q4 of last year, with 49 hotels being planned or under construction. New rooms will occupy nearly 1 mln square metres, with the majority of new projects on the peninsula. Some 100 building projects were also completed or under construction in Q4, providing 11,267 more housing units, 60 pct of which are under 75 square metres in size.
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