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ISSUE 96 - Apr 2012
 
 
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2012?
Decline
Growth above 20 percent
Growth from 10 to 20 percent
Stagnation
 
 

Residential mortgages soar

For the first quarter, new approved residential mortgage loans rose 22.0 percent over the previous period
 

Millions lost in affordable housing

The gov’t admits to losing MOP21 million in the sale
 

Homes more expensive

The average transaction price of all residential units sold in the first three months of 2012 reaches a new all-time high
 

New border crossing could drive up shop prices

Property experts say prices in Ilha Verde area could go up 10-fold
 

Windsor Arch pre-sales now on

Housing complex is back in the market four years after the global financial crisis caused a freeze in pre-sales
 

Residential sales double in March

In monetary terms, housing transactions were worth MOP4.8 billion, triple month-on-month
 

Real estate prices could go down

The prices of mid-low quality units could drop slightly with the construction of more public housing
 

Speymill to restructure

The former owner of AIA Tower says it will focus on “smaller and overlooked markets”
 

Trendy by design

Telok Real Estate Partners wants to rejuvenate the city’s old districts by building apartments and shops for young professionals By Alexandra Lages The three partners in Erva Collections, one 23 years old and the others aged 26, had been dreaming about opening their own business but rents were too high for their budget. After searching for more than a year, they saw an ad in a newspaper inviting entrepreneurs to join a business plan competition. Today, [...]
 

Where’s my license plate?

Macau residents who bought homes in Zhuhai are upset that they haven’t received their dual license plates
 

Fund sells nine apartments at One Central

The deal was worth a combined HK$144.4 million
 

No more dual car plates with Zhuhai home purchases

The move is meant to restrict the purchase of residential units in Zhuhai by Macau residents
 

Bill on unfinished property sales finally ready

The government wants to tighten registry rules to prevent fraud in the real estate market
 

Rents triple in 10 years

The median rent last year reached MOP3,204 (US$400), three times higher than the figure in 2001
 

Plan to convert industrial buildings extended

No reconversion projects have been approved as of yet
 

Fewer offices sold, record prices

The number of offices sold in February was the lowest since October 2010, but the average price per unit hit a new record.
 

Homes prices go down

The cost of homes fell in February in comparison with the previous month
 

La Scala up for sale

The first batch consists of 100 apartments with a price tag starting at HK$13 million
 

One Oasis rush

Over 100 units sold over the weekend
 

One Oasis units up for public sale tomorrow

One-third of the units in phase 3 of the unfinished project have already been sold
 

Macau investors banned from buying Guangzhou shops

Guangzhou authorities are tightening the retail property investment regulations for overseas investors
 

Home sales the lowest in almost three years

There were only 552 residential transactions in January, a drop of 38 percent month-on-month
 

La Scala receives over 10,000 enquiries

Per square feet to cost between HK$6,000 and HK$10,000
 

Home prices drop sharply

The average price per square metre for residential premises dropped by 14.5 percent month-on-month
 

Positive discrimination

A Hong Kong non-profit institution that develops affordable housing will discriminate in favour of residents. Why can’t Macau do the same? By Sara Farr A non-profit developer of affordable housing in Hong Kong last month took the unprecedented step of giving Hong Kongers priority in buying new homes from its developments. The Hong Kong Housing Society also [...]
 
1. Studio City to receive casino approval “soon”: report
2. Steve Wynn unveils details about Cotai project
3. Gov’t to control new casino openings: Union Gaming
4. May ‘critical’ for assessing Macau gaming industry
5. Steve Wynn explains Tien Chiao deal
 
 US
DJIA
Nasdaq 2,839.08 -8.13
S&P 500 1,316.63 +0.64
 Europe
DJ Stoxx 50 2,192.85 +42.69
DAX 6,435.60 +104.56
FTSE 100 5,403.28 +98.80
 Asia
Nikkei 225 8,729.29 0
Hang Seng 19,039.15 0.00
STRAITS TIMES INDEX 2,823.75 +33.59
S&P/ASX 200 4,121.00 0.000
2012-5-22
Rain
24°C ~ 28°C
2012-5-23
Showers / Clear
24°C ~ 29°C
2012-5-24
Showers / Clear
24°C ~ 30°C
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