Balancing Bricks & Mortar

Outlook for public housing supply catching up with demand is positive in the long run, says Housing Bureau president. Report reveals that by 2023 units available will match need.

The situation for meeting the demand for public housing is positive in the long run, although the current supply is not yet sufficient to meet demand, according to

Public housing in progress

Contracts for housing and development projects costing MOP2.29 bln announced yesterday

The local government has announced contracts for public housing and development projects totaling MOP2.29 billion, according to recent dispatches in the Official Gazette yesterday.

After soccer, come cars

Cultural and entertainment complex Novotown being developed in the heart of Hengqin is adding another attraction to its second phase layout

German luxury carmaker Porsche has entered into a framework agreement with Hong Kong property development and media group Lai Fung Holdings and an investment holding arm of the group, eSun Holdings Li

Public tender for remodelling of Hotel Estoril announced

The first casino-hotel of Stanley Ho’s gaming monopoly era will be given a new shape and function

The renovation of the former Hotel Estoril has been officially opened to public tender in a dispatch published in the Official Gazette yesterday.

Cape Verdean delays

The conclusion of the construction phase of David’ Chow’s integrated resort in Cape Verde will be delayed by five to six months due to issues with the reclaimed land plots where the project is being d

The construction of the integrated resort project in Cape Verde initiated by local businessman David Chow will be delayed due to the revamp of the island settlement where the project will be developed

The new city next door

With 70 pct of construction of Phase I done, at an investment of RMB500 mln so far, and with all five phases expected to up the price tag to RMB18 bln, Senior Vice President of the Lai Sun Group, Larr

Hong Kong property development and media group Lai Sun Group has currently finished “70 per cent” of the construction of Phase I of its Novotown development in Hengqin, with main construction works to

Quiet after the storm

Damage caused by Typhoon Hato and the recent Legislative Assembly elections have caused a lull in the real estate market, with total transactions falling 22 pct m-o-m and 20 pct y-o-y.

After the damage caused by Typhoon Hato and the recent Legislative Election, the real estate market has been quiet since the end of August, points out Jane Liu, managing director of Ricacorp (Macau) P

Reform process ready to take off

The government will initiate the public tender for the architecture design plan of the project to remodel the old Hotel Estoril this month

The public tender for the architecture design plan for the remodelling of the old Hotel Estoril will be launched “the next week or at the end of the month” the Secretary for Social Affairs and Culture

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