Property

House discounts

Government to maintain rent exemption for public housing unit tenants in lower income brackets in 2017

The MSAR Government will maintain rent exemptions for lower income tenants, according to a Housing Bureau release on January 1.

Home-owners

921 eligible economic housing applicants have been approved to select economic housing units to purchase

The city’s Housing Bureau has approved 921 family economic housing applications as eligible to proceed on to the next step of acquiring the housing, according to a press release published by the Housi

Henqing to open land tender

The Land and Resources Bureau of Zhuhai has announced the opening of a bid for a land plot located in the Henqing New Area, occupying some 34,542 square metres with around 200,700 square metres availa

Housing market stabilising

Housing transactions fell m-o-m in November, with a 62 pct drop in sales in Coloane on the tail of new luxury residential sales the previous month.

Average housing prices in the city amounted to MOP90,428 (US$11,304) per square metre for the month of November, up slightly by 1.1 per cent from one month ago, according to official data released by

Housing market revives

Off-plan sales of new residential projects are being launched one after another.

As the MSAR comes out of its over-two-year economic adjustment phase, property developers have recently launched sales of their new projects, with nearly all rece

Pearl Horizon developer appeal denied by top court

Polytex said in its appeal to top court that the seizure of the land plot could potentially bring about the bankruptcy of the company.

The Court of Final Appeal has ruled against an appeal filed by Pearl Horizon developer Polytex Corporation Limited regarding the land seized by the government after the expiration of the group’s manda

No agreement, no pay

Pearl Horizon homeowners have announced they will stop repaying their mortgage loans

Some three hundred homebuyers of the Pearl Horizon residential project have announced they will stop repaying their bank mortgages for their uncompleted home units, Portuguese newspaper Tribuna de Mac

Road Works Ahead

Yesterday’s Legislative Assembly said it: worsening traffic next year. Secretary for Transport and Public Works Raimundo do Rosário confirmed road works will increase in 2017.

The Secretary for Transport and Public Works, Raimundo do Rosário, said that the city’s environmental protection, housing and transport are very important for the city but the three issues cannot be r

Now Nam Van tinged by land swap debacle

The operator of the Lan Kwai Fong Hotel and Casino in Macau, China Star Entertainment Limited, has entered into an agreement to purchase up to a 50 per cent stake in a land plot in Nam Van granted as

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