30.6 C
Macau
Friday, July 21, 2017
Chinese watch retailer Hengdeli Holdings Ltd. saw its profits surge 25.9 per cent year-on-year in 2014, amounting to some 504 million yuan (MOP653 million) compared to the 400 million yuan in 2013, the company told the Hong Kong Stock...
The realtor records a net loss of HK$130 mln for the first five months.
Zhuhai authorities announced yesterday the cancellation of home purchase restrictions for both residents and non-residents. Local property agents, however, reckon Macau prospects may not be interested.
The Secretary for Administration and Justice Sonia Chan Hoi Fan said over the weekend that the amendment of the law for the administration of common parts of condominiums is to resolve the issue of delayed management payments, stressing that...
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...
Local sole power distributor CEM – Companhia de Electricidade de Macau, said it is ready to start vacating the Macao Power Station located on Avenida de Venceslau de Morais, in the northern district of the Peninsula. "CEM is now to...
The developer said the construction for the project could be halted if there is no approval from the government to extend its land-use rights for the plot
The Housing Bureau said 1,545 successful applicants for public affordable housing had finished the procedures for obtaining their housing purchase and sales certificates as of August this year. The announcement was made in the Bureau’s reply to legislator Chan Meng...
Legislator and local real estate and construction sector representatives suggest temporary housing projects during urban renewal should be carried out by the government.
The warming property market in Hong Kong has generated profits of HK$32.35 million for the parent company of Midland Macau
Property and shipping conglomerate Shun Tak Holdings Ltd said yesterday its profit surged 3.52 times year-on-year to around HK$1 billion (US$129 million) for the first six months of 2012. But the profit was pushed up by a revaluation surplus arising...
The Housing Bureau awarded MOP14.27 million in subsidies under the Building Maintenance Fund Scheme in the first half of 2017, the government announced yesterday. The Fund approved 161 applications during the period, of which 98 consisted of provisions for...
Zhuhai’s residential market is losing its appeal to Macau investors due to the upward trend of its housing prices.
The Housing Bureau had received 15 new applications for Social Housing Temporary Subsidies by the end of September, of which one application has been approved, according to the Bureau’s press release yesterday. The financial-aid scheme, which has been extended to...
Guangzhou-based property developer, Agile Group Holdings Ltd saw pre-sales for its residential projects in the mainland surge by 58.8 per cent year-on-year for the first month of the year, reaching a total of RMB4.62 billion (MOP5.4 billion/US$670 million). The company’s...
As the REA Group sees low stock prices despite strong performance, analysts are predicting that given its recent acquisition of iProperty Group – which covers Asian markets including Macau and Hong Kong – it will help it capture a...
Hong Kong-listed property investor CSI Properties Ltd is now looking for “all sorts of property development opportunities” in Macau, the company’s chairman Mico Chung Cho Yee remarked on Wednesday. CSI Properties Ltd has already established an office in Macau,...
New deals awarded to the Macau SAR Government’s ‘biggest contractor’ down 44 pct y-o-y, totalling nearly MOP2.51 billion for the five first months of 2017
Three land plots in Taipa are to be returned to the government, according to dispatches published in yesterday’s Official Gazette. The dispatch, signed by Secretary for Transport and Public Works Raimundo do Rosário, states that the government has claimed...
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
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