Macau Urban Renewal Limited is optimistic that an 80 to 90 percent loan-to-value ratio will be possible for prospective buyers who need a mortgage for the Hengqin development.
City
Authorities have already promised to add 300 more taxis to the city’s fleet. Demand might see that number grow to 500.
Officials say cooperation with local banks to halt suspicious transactions has shown some success, but warn the public to stay vigilant.
The Inner Harbour regeneration project is part of a wider plan by the government to involve gaming concessionaires in urban gentrification.
Nineteen additional government departments have joined the app’s appointment booking service and the Macao One Account has extended its reach into Hengqin.
The upper income threshold has gone down by seven percent, making it harder to qualify for Macao’s subsidised housing scheme and suggesting a call-out for the next round of applicants is imminent.
Speculation over the future of the Macau Jockey Club is rife. Photographer Eduardo Leal went to the final day of racing season at an establishment that has seen better days.
Plans are afoot to transform the historic quarter into a ‘cultural and creative park’ through a public-private partnership.
Officials say that Oliver Ma, who has been linked to Hong Kong’s pro-democracy movement, was deported for not following the conditions of his entry permit.