Both commercial and residential sales rise as banks hand out loans and government backs first-time buyers.
Judge orders David Ng Lap Seng’s early release due to fears that the 72-year-old could be infected with Covid-19 in prison.
Macau gaming and junket businesses produced 50.5% of Macau gross domestic product (GDP) at producers’ prices, based on the production approach calculation.
The average price of residential units rose by 7.5 percent year-on-year to 108,427 patacas per square metre of usable area last year, the Statistics and Census Bureau (DSEC) announced.
Local property agency Mcore Properties forecast that home prices in the city will rise up to 10 per cent this year, boosted by local residents’ strong demand for housing and a stronger economic performance.
The number and value or real-estate transactions rebounded in the second quarter after three consecutive quarters of decline, the Statistics
The local property market will go through a “mild correction” of 5 percent in the third quarter, with a possibility