Property market poised to continue struggling, while rents set to rise

The property sector’s rental performance improved last year; however, prolonged high-interest rates dampened investment sentiment, leading to sluggish property sales. According to JLL’s “Macau

Property sector faces worst crisis in 40 years

The city’s property sector is grappling with its worst downturn in four decades, as house prices plummet to levels not seen since 2012, according to the

‘Concert economy’ boosts real estate transactions in Old Taipa

Macau’s concert scene has had a significant impact on the local real estate market, according to Centaline Property. The number of concerts held in Macau

Centaline: Market set for stability and recovery this year

Realtor Centaline Property predicts that the Macau property market is poised for a more stable trajectory in 2025, driven by renewed buyer interest and supportive

Residential property transactions increased 30% in October

The Financial Services Bureau recorded 253 residential property transactions in October, an increase of 31% (60 units) compared to the previous month, with 183 transactions on the Macau

Commercial property rebounds amid rate cuts

The climate for commercial and industrial properties has significantly improved in recent months, according to realtor Centaline. Last month, commercial and industrial shop transactions

Property market struggles despite lifting restrictions

The residential property market continues to face challenges despite the lifting of market restrictions in April, with transaction numbers and prices hitting multi-year lows in August.

Centaline: Guangzhou eases home purchase restrictions to attract foreign investment

Stanley Poon, the managing director of Centaline Property, welcomed Guangzhou’s recent decision to ease home purchase restrictions for residents of Hong Kong, Macau, and Taiwan.

Eviction for problem tenants with three months unpaid rent

The government plans to revise the requirement for initiating the simplified eviction process from five months’ rent arrears to three months. The deposit will no longer

Sniper Capital targets Taipa Village for six new projects

Sniper Capital, a real estate investment firm, has unveiled plans for six new property projects in the heart of Taipa Village. The latest ventures will

Property market shows signs of recovery following removal of cooling measures

Macau’s property market experienced a significant rebound in the second quarter of 2024 after the lifting of purchase and sale restrictions, according to a recent report by

Group urges further cut to 15% down payment requirement

A Macau property group is calling on the government to reduce the general down payment requirement for local homebuyers to 15%, saying recent signs point to stabilization

Property market bounces back strongly after cooling measures lifted: Centaline

The property market in Macau has seen a sharp turnaround in recent weeks after the government lifted all its cooling measures that were imposed to

Property market booms after cooling measure lifted

  The removal of three major cooling measures last weekend has sparked a rapidly growing property boom in Macau’s market, especially among first-time home buyers. Developers have seized

Bill to remove cooling measures approved in one shot

The recently announced bill to remove cooling measures for the property market has been passed and approved at the Legislative Assembly (AL) in a single take.

Association seeks more gov’t support for struggling sector

The head of the Macau Real Estate Development Association called on the government to further support the struggling property sector by loosening market restrictions.

Prospective gov’t housing buyers complain unreasonable pricing scheme

A group of 135 households yesterday submitted their petition to Chief Executive Ho Iat Seng asking him to reconsider the new Economic Housing pricing scheme. The

Chambers warn of grim post-pandemic property market

Real estate associations have continued to stress that the property market in the SAR has not improved, even after the pandemic, amid robust growth in

Residential units transactions up in 2023

The purchase and sale of residential units rose 70 year-on-year to 2,879 units, and the total transaction value swelled 1.8% to MOP18.30 billion.

Int’l realtor hopes gov’t lifts all cooling measures

Foreseeing a tough real property market in Macau in 2024, an executive at an international realtor suggested yesterday the government fully lift its cooldown measures.

WP2Social Auto Publish Powered By : XYZScripts.com
MACAU DAILY TIMES