Property

Sunny development

Local businessman Eric Chiu is setting his sights on the Australian real estate market with a property investment in the heart of Melbourne.

Build it up

Chinese property developer Country Garden Holdings Company Ltd has generated a total of RMB174.3 billion (MOP208.5 billion/US$26.1 billion) in contracted sales, attributable to owners of the company,

CCAC to investigate Alto de Coloane residence project

The anti-graft body says it has enough grounds to investigate the project being developed by local businessman Sio Tak Hong.

The Commission Against Corruption (CCAC) has opened a file on the luxury residential project on Estrada do Campo in Coloane, the commissioner André Cheong Weng Chon said on Saturday.

GDI: Mong Ha social housing construction to take 5 years

The government has declined to announce how much it has paid to terminate the contract with the original contractor of the Mong Ha project.

The construction of Mong Ha Social Housing Phase II is expected to take around four to five years, the chief of the Infrastructure Development Office (GDI), Chau Vai Man, said yesterday.

Pearl Horizon homeowners express “No confidence in government”

Homebuyers of the residential project urge the government to monitor the developer’s financial activities in order to protect the money they have invested.

Homebuyers of residential project Pearl Horizon have urged the government to shoulder greater responsibility for solving its disputes with developer Polytex Corporation Ltd, posting a Chinese language

Multi-billion dollar compensation bill hanging over Joseph Lau

Hong Kong billionaire Joseph Lau Luen Hung will need to pay HK$12.5 billion in compensation to Chinese Estates if he loses his court battle with the MSAR Government.

Hong Kong businessman Joseph Lau Luen Hung will have to pay compensation amounting to HK$12.5 billion (US$1.6 billion) to Chinese Estates Holdings Ltd.

Home prices fall slightly in August

Total number of housing transactions increased 68.2 per cent year-on-year for the month.

Average housing prices in the city settled at MOP82,800 (US$10,350) per square metre in August, a slight decline of 1.5 per cent year-on-year, due to lower prices in Macau and Coloane - and despite in

Increased repair fund for housing

The Urban Renewal Committee has agreed to increase repair funds for low-rise housing buildings in the city.

The Urban Renewal Committee has agreed to increase the repair fund for the city’s low-rise housing facilities, especially those which are over 30 years old.

Mong Ha’s public tender re-opened

The Infrastructure Development Office (GDI) will re-open a public tender for the suspended construction contract of the Mong Ha Social Housing Phase 2 and the reconstruction of the Mong Ha Sports Pavi

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