25.4 C
Macau
Sunday, May 28, 2017
Taipa saw both home transactions and prices increase as new projects began selling in the month.
Citing the example of the MSAR, think tank Our Hong Kong Foundation has laid out a plan for five land reclamation sites across islands off the coast of the city - a plan which is being met by strong...
A public tender was held on Friday for the warehouse construction project for the Financial Services Bureau (DSF) to be located in Ilha Verde. The lowest bid for the project was valued at MOP2.68 million, according to local Chinese-language...
Mainland Chinese property developer Agile Property Holdings Ltd. has proposed changing its company name to Agile Group Holdings Ltd., according to a filing with the Hong Kong Stock Exchange on Monday evening. ‘The Board is of the opinion that...
The city’s Consumer Council said that it had recently retrieved MOP1.2 million (US$150,000) for residents purchasing property in Mainland China, claiming its co-operation scheme with the Mainland consumer authorities was effective although it cannot supervise cross-border property purchases. In a...
The construction of the high-end residence Pearl Horizon is slated for completion by the end of 2018, despite pending approval of the extension of land use deadline for the site possibly delaying the project, the manager of developer Polytex...
However, new approvals of commercial real estate loans rose 14.9 per cent on an annual comparison
Both SARs made statements on housing policy on Friday. Hong Kong announced further cooling measures. While Macau CE Chui Sai On adopted a non-committal approach.
Financial Services Bureau (DSF) director Iong Kong Leong said that only 35,120 units in the territory have been declared to the Bureau as ‘leased units’, admitting not all property owners in the city have fulfilled their tax obligations. In an...
The Sniper Capital managed fund, Macau Property Opportunities, entered into a HK$282 million five-year loan facility with Hang Seng Bank for its One Central Residences properties, it was announced on Friday. The new loan facility serves to finance the repayment...
The possible halt of gaming operators using local offices may drive an increase in the vacancy rate of the office property market.
The warming property market in Hong Kong has generated profits of HK$32.35 million for the parent company of Midland Macau
It’s auction time. Two plots of land in Hengqin New Area are reserved for Macau bidders only. Starting price for the two lots is 294 million yuan (MOP378 million). The areas are planned for commercial and office use with a lease of 40 years
Mainland Chinese developer Agile Property Holdings Ltd. raked in 4.45 billion yuan (MOP5.58 billion/US$697.5 million) for the month of April alone in its pre-sales housing projects, up 37.8 per cent year-on-year, according to its filing with the Hong Kong Stock...
The number of residential mortgages approved by Macau banks increased mainly due to requests from non-local residents
The number of home transactions in the territory also decreased 14.5 per cent to a total of 529
Macau property retains its allure. More than five times more mortgage loans were approved for non-residents from December 2013 to December 2014.
Legislator Ho Ion Sang said his social group Collective Wisdom Policy Centre (CWPC) had submitted a report regarding the land debts owed by the government to the city’s graft watchdog the Commission Against Corruption of Macau (CCAC) last week,...
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
The developer of the controversial residential project in Estrada do Campo in Coloane, Win Loyal Development Ltd., has established a web page explaining the development timeline of the project, one mired in criticism that it could damage the natural...
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