Property

Secretary Rosario Reassures

The Secretary for Transport and Public Works faced down the Legislative Assembly on the city’s main issues yesterday.

Issues regarding the city’s public housing, the management of reclaimed land - such as that related to the Pearl Horizon case and the construction project of the Light Rail Transit (LRT) took centre s

Online Opportunity

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 Ko

Tak Chun opens VIP Club in Studio City

Yesterday, junket operator Tak Chun Group opened its VIP operation in Studio City with nine gaming tables, according to a press release by the company.

New digs in Shanghai

Shun Tak to purchase HK$2.2 bln property in Shanghai

Local developer and operator of the TurboJET ferry company, Shun Tak Holdings Ltd., has announced that via a joint venture the group plans to purchase a property in the Pudong New Area of Shanghai for

Residential Rebounds

Total home transactions in the MASR tripled to 1,162 in October y-o-y. Credited to surging sales and purchases in Coloane. Boosted 863 pct y-o-y by the sales of Sky Oasis.

In the month of October, total housing transactions in Coloane surged 11-fold month-on-month to 231, a level which also represents a notable increase of 863 per cent compared to the same period in 201

818 new housing units under construction in Q3

Nearly three quarters of the new housing supply are studio flats

In the third quarter of the year, the city’s private construction sector was building new projects occupying a total of 125,000 square metres, providing a total of 818 residential units and 576 parkin

Residential mortgage loans up 50 pct in September

Almost 99 pct of all residential mortgage loans approved in September went to local residents, with approved loans to non-residents dropping 60 pct y-o-y.

Newly approved residential mortgage loans by local banks in Macau increased 48.2 per cent year-on-year in September, while new commercial real estate loans fell 13.9 per cent from last year, the lates

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