According to the developer, units will be priced “so low it is close to cost” with several Macao banks providing home loans with just a 10 percent down payment.
MNN
With the development’s final survey to be completed next month, the units can be put on the market slightly earlier than expected.
Prefabricated components, such as walls and floors, are currently being installed, with 27 residential towers and school buildings expected to reach topping-out in December, while entire project scheduled to finish in second half of 2023.
Macao residents to be given priority to buy the 4,279 two- and three-bedroom flats on Hengqin; under mainland China rules, ownership expires after 70 years.
Innovative Hengqin livelihood project will echo Macao’s architecture, with 4,000 residential units, plus schools, health centre and first-rate public services.
Bases are part of a 4,000 residential unit site that is due to be completed by 2023.
