Real Estate Matters | Macau Under Pressure

Juliet Risdon

Wednesday’s Typhoon Hato was the largest to hit Macau for over 50 years by all accounts. It turned Macau into a disaster zone.

By now you have no doubt seen the pictures of the devastation caused. The flooding and the extreme winds were terrifying and horrific, and the loss of life yesterday was a tragedy.

Social Media as usual has transcended into a ‘witch-hunt’, assigning blame to different parties but mostly the government. Hmmmmm…

Amazing

We are breaking from property this week to say THANK YOU to the emergency services who worked through the night and did an AMAZING job cleaning up and enabling relative normality within 24 hours after the very height of the disaster.

Having lived in Macau for 24 years, this was the worst storm I have ever experienced. If you lost windows or a roof yesterday you will also have felt a level of terror that was completely unexpected.

As soon as the eye of the storm had passed, fireman were already clearing the roads, police were battling the dangers outside as they coordinated rescue operations, directed traffic and calmed people down.

There will be plenty of criticism as this disaster is dissected. In the immediate aftermath it is clearly a time for the Macau community to pull together and do whatever we can to help our friends, colleagues and neighbours.

Next week: The new laws, and what they mean to you 

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For further information please call me on +853 2835 2699, E-Mail Juliet@JMLProperty.com or visit our website Www.JMLProperty.com, or Facebook Www.Facebook.Com/JMLRealEstate .

All feedback on this column is welcome, and if you have a property related question please e mail it us at: info@JMLProperty.com and we will respond to you in this column or by return E mail.

Disclaimer – Legal, investment and other advice offered in these articles are the opinion of the individual author. Readers should consult with qualified and experienced lawyers familiar with Macau Law on legal matters, and independent investment advisors on financial matters.

Juliet Risdon is a Director of JML Property and a property investor.

Having been established in 1994, JML Property offers investment property & homes. It specializes in managing properties for owners and investors, and providing attractive and comfortable homes for tenants.

www.JMLProperty.com

info@JMLProperty.com

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