Gov’t keeps an open attitude over real estate regulations

Chui Sai On officiates at the launching ceremony of a series of celebration events to mark the Year of the Dog

The Chief Executive (CE) Chui Sai On said that the government will “keep an open attitude” regarding Macau’s housing market regulations. Chui made the remark while attending a Chinese New Year celebration at the Tap Seac Square yesterday.

Recently, the government launched a series of new regulations for the housing market.

“The amendment of this law went through a long process. We hope that […] the real estate market will undergo a healthy development,” said Chui.

The amendment suggests some measures to allow young people to purchase houses more easily. When commenting on it, Chui said that “the government went through studies for a long time, hoping to facilitate young people buying properties.”

When talking about Macau’s housing market, Chui said that the government will be “watching the market closely, […] and will pay more importance to the storage and supply of land, as well as [to] improving demand and supply” in the real estate market.

The CE claimed that “it will take a while” to observe the results of the policy, and went on to note that “when every measure is launched, certainly there will be different opinions and perspectives.”
He said that the government will first “see the actual [property] transactions” before deciding on their next step. 

When talking about Macau’s heritage protection law, Chui noted that the regime is currently under a public consultation period, and he hopes that the public can contribute with their opinions over the heritage protection regulation.

“If you [the public] think of any [way] to better protect our world heritage, I welcome you [the public] to give your opinions. I highly regard them.”

Chui remarked that, thanks to Beijing’s support, Macau’s historical city was recognized as a world heritage site by UNESCO.

“We all, not only the government, but the society and the public, should work together to protect Macau’s historical city, which holds a universal value. We will certainly follow UNESCO’s regulations, and we will protect it with solemnity,” declared Chui.

In Chui’s words, Macau’s historical city is not only the target of Macau government’s protection, but it is also a world cultural heritage site which is cherished by all people living in Macau.

Once again, Chui called the public to give their opinions over Macau’s heritage protection law.  JZ

CE pledges to improve quality of life

Chief Executive (CE) Chui Sai On pledged that the government would prioritize work associated with promoting improvements to local people’s quality of life. These efforts will be aimed at bettering the city’s living and working conditions, and its transportation, tourism and entertainment industry.

Delivering his Chinese New Year message for the Year of the Dog yesterday, Chui said that the MSAR’s adherence to its policy vision of “putting people first” would be maintained.

The Government Information Bureau noted that the knowledge of the satisfaction and contentment levels of residents was a sufficient motivation for the government to put measures in place to enhance their quality of life.

In his message, Chui said that in order for him to gain clearer insight into the public’s suggestions and opinions regarding community facilities and civic affairs issues, he had met with members of community consultative councils.

Following the meetings, he visited Seac Pai Van in Coloane, and heard local people’s opinions regarding further development plans for that neighborhood.

Reviewing the achievements of the past year, Chui said Macau had been able to maintain steady economic growth and fulfill local people’s aspirations regarding improvements to their livelihood.

Welcoming the Year of the Dog, Chui reminded the community of the value of sharing the “joy and warmth of this festive season” with family.