Macau New Neighbourhood main structure completes, sales to begin by year-end

Macau Business. By Therese Tu. 16 February 2023. Macau New Neighbourhood is one of the first signature initiatives to attract Macau residents to Hengqin. It is expected to house a community of 12,000 to 15,000 inhabitants. The main structures of the 27 residential towers and school buildings of the Macau New Neighbourhood on Hengqin Island have been […]

Property group calls for measures to boost housing sales

Macau Business. By Aries Un. 2 February 2023. Macau’s biggest property organisation has urged local authorities to review policies designed to rein in property speculation after three years of economic stagnation. Ung Choi Kun, president of the Association of Property Agents and Realty Developers of Macau, told media on the sidelines of a Lunar New […]

Ambiente Macau in the News

Ponto Final. By Andre Vinagre. 20 January 2023. Suzanne Watkinson and Terence Lo of Ambiente Macau give their views on the future of the residential rental market in Macau. See more … Translation from Portuguese Housing rents will increase in the coming months. For example, the rent for a one-bedroom apartment renting HKD9,000 – HKD10,000 […]

Macau records worst-ever flat sales in 40 years, property market to rebound in Q2 2023

Macau Business. By Therese Tu. 4 January 2023. Macau’s property market is likely to welcome significant improvement in the second quarter of 2023, after sales of residential units hit a 40-year low last year, real estate agency Centaline Property predicts. According to statistics from the Financial Services Bureau (DSF), the first nine months of last year […]

Urban Renewal Law to take effect in June 2023

Macau Business. By Aries Un. 13 December 2022. Legislators yesterday passed the urban renewal law that will lay the groundwork for a facelift of the city’s rundown housing estates. Under the legal framework that will become effective on 1 June 2023, a complete renovation is possible for a building aged between 30 and 40 if […]

Building in Macau’s historic district distinguished by UNESCO

Macau based Architects Rui Leão and Carlotta Bruni win award from UNESCO

Time has not yet come

Macau Business. By Tony Lai. 12 November 2022. Despite the change in the fundamentals of the local housing market in the past few years, analysts say it’s not the right time to lift the property curbs amid uncertainties about the future. To be or not to be. It’s a question the Macau government has to […]

Residential property prices continue to drop amid economic headwinds

Macau Business. By Xinhua News Agency. 8 November 2022. Macau’s overall residential property price index in the period from July to September decreased by 1.7 percent to 250.4 from the previous period from June to August, the Statistics and Census Service said on Tuesday. Cashoffers.com facilitates the sale of real estate. This is due to […]

Arbitration for disputes over leaks in apartments

Macau Business, by Aries Un. 21 October 2022. Arbitration will soon become a legal means in Macau for those looking to settle disputes over leaks in residential buildings