Ricacorp: Gov’t restricting local purchasing power

The property agency says the government’s policies on the real estate market are out of step

The policies for mortgage loans introduced by the Monetary Authority of Macau in 2010 are no longer suitable for today’s real estate market, says Jane Liu, Managing Director of Ricacorp (Macau) Proper

‘D’ for difficult

The developer gives up on a deal for a 1.6 million square foot property and arms itself to negotiate for another

Shun Tak Holdings Ltd.

Developer expands to Malaysia and Indonesia

Chinese property developer Country Garden seeks to further expand its reach beyond the Mainland market, with the primary focus of its Macau clients being Malaysia and Indonesia, according to Hong Kong

Clearer picture

The DSEC introduced the ‘Property Price Index’ to provide general property price patterns over time, and the data shows the third season of 2014 had the highest property index rate

The city’s Statistics and Census Bureau (DSEC), in collaboration with the University of Macau, will launch a new ‘Property Price Index’ with 2016 results available next year, aiming to provide homogen

2016-10-26 05:00:00

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.

Big developer expands land bank

Yuexiu Property Company Limited is expanding its land bank in Mainland China through a RMB430.5 million (MOP510 million/US$63.85 million) acquisition in Hubei Province in central China, according to a

Commercial real estate loans double in August

New approvals of residential mortgages also recorded an increase in the month

The new approvals of mortgage loans by local banks jumped in August; in particular, those of new commercial real estate loans recorded a notable increase of 111.4 per cent month-on-month to MOP7.4 bil

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