Property

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

Real Madrid kicks-off Hengqin centre project

Hong Kong conglomerate Lai Sun Group held a ceremony with Spanish football club Real Madrid to present their joint project to develop an indoor interactive football experience centre in Hengqin

Representatives from Spanish football club Real Madrid Club de Fútbol and Chinese group Lai Sun Group announced on September 11 their joint project to launch a Real Madrid Interactive Football Experie

Hato delay

Damages caused by Typhoon Hato delay the delivery of economic housing units at Ilha Verde for half a year

The delivery to residents of the economic housing units at the Edifício do Bairro da Ilha Verde project will be delayed for at least six months due to damages caused by Typhoon Hato, according to a re

Asking for a piece of the pie

Under the Greater Bay Area initiative, creating a ‘Village of Hong Kong’ in Zhuhai would attract Hong Kong residents to reside in mainland China, suggests Starry Lee, the Chairman of Democratic Allian

Mainland interest in Macau picking up

Mainland developer Jiayuan International Group Limited has reached an agreement to acquire two plots in Taipa. For US$449.29 mln ‘in cash’. From local company San Kin Tai Property Development.

Chinese property developer Jiayuan International Group Limited has signed an agreement to acquire two plots of land in Macau for HK$3.51 billion (US$449.29 million) ‘in cash’ from local company San Ki

Well-to-do neighbours

The profit from Zhuhai Holdings Investment Group Limited for the fist six months of this year increased 30.5 cent year-on-year to reach RMB25.13 million

Shipping and property conglomerate Zhuhai Holdings Investment Group Limited registered RMB25.13 million (MOP30.6 million/US$3.8 million) in profit for the first half of the year, 30.5 per cent year-on

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