In the second quarter of 2024, following the full withdrawal of market restrictions, developers accelerated their sales efforts, leading to a revival in transactions. According to realtor Centaline, the company has achieved results with a total revenue of HKD55 million. This performance has led management to reward staff with bonuses equivalent to 1.2 months’ salary, based on quarterly profits. In the second quarter, Macau’s real estate market surged, with 1,574 building units and parking spaces sold, totaling MOP9.31 billion. This marks an increase of 63.1% in volume and 95.6% in value compared to the previous quarter.
Brief
Centaline gives out 1.2 month bonuses to staff amid property revival
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Macau
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